TO PROVIDE TECHNOLOGY AND ONLINE EDUCATION SERVICES TO UNIVERSITY OF NORTH CAROLINA INSTITUTIONS TO MEET THE NEEDS OF ADULT LEARNERS AND TO EXPAND ACCESSIBILITY TO HIGHER EDUCATION FOR TRADITIONALLY UNDERSERVED POPULATIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.9M
+42.8% YoY
Annual Giving
$667K
Grant Count
2
Avg Grant Size
$333K
About Project Kitty Hawk Inc
Based on IRS filings
Project Kitty Hawk Inc is a nonprofit organization focused on Education, based in CHAPEL HILL, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $42.9M in total assets. In 2024, it awarded 2 grants totaling $667K. Net investment income was $1.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,946,408 | $30,069,308 | $3,180,964 |
| Revenue | $34,710,055 | $41,231,521 | $4,002,500 |
| Expenses | $22,841,002 | $16,660,763 | $946,642 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,529,460 | $227,747 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include East Carolina University ($366,667), North Carolina Central University ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTH CAROLINA CENTRAL UNIVERSITY DURHAM, NC | THE ORGANIZATION AWARDS PROGRAM LAUNCH GRANTS TO COVER START-UP OPERATING COSTS TO ENCOURAGE EARLY ADOPTION OF THE ORGANIZATION'S PLATFORM. | $300,000 |
| EAST CAROLINA UNIVERSITY GREENVILLE, NC | THE ORGANIZATION AWARDS PROGRAM LAUNCH GRANTS TO COVER START-UP OPERATING COSTS TO ENCOURAGE EARLY ADOPTION OF THE ORGANIZATION'S PLATFORM. | $366,667 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY CAREY | DIRECTOR | 3 | — |
| SUSAN CATES | DIRECTOR | 3 | — |
| SHARON GABER | DIRECTOR | 3 | — |
| JOHN COMLY | DIRECTOR | 3 | — |
| COURTNEY CROWDER | DIRECTOR | 3 | — |
| PHILIP ROGERS | DIRECTOR | 3 | — |
| PETER HANS | DIRECTOR | 3 | — |
| KARRIE DIXON | DIRECTOR | 3 | — |
| WENDY MURPHY | DIRECTOR | 3 | — |
| WILLIAM ZEMP | PRESIDENT | 40 | $635,000 |
| RAE WILLIAMS | CHIEF FINANCIAL OFFICER | 40 | $201,365 |
| DAVID EBY | CHIEF OPERATING OFFICER | 40 | $192,884 |
| ELIZA S GOODSPEED | CHIEF OF STAFF | 40 | $156,827 |
| ANDREW BAGLEY | DIRECTOR OF STRATEGY & BUS | 40 | $260,000 |
| CHRISTOPHER BOYD | DIRECTOR OF GENERAL OPS | 40 | $260,000 |
| ERIN COOKE | DIRECTOR OF PRODUCT MGMT | 40 | $204,808 |
| BRIAN FLEMING | DIRECTOR OF STRATEGY & BUS | 40 | $267,500 |
| KERRY A CLEGG | SENIOR STUDENT SUPPORT MGR | 40 | $184,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Project Kitty Hawk Inc?
Project Kitty Hawk Inc is a nonprofit organization focused on Education, based in CHAPEL HILL, NC. It holds $42.9M in total assets as of 2024.
How large is Project Kitty Hawk Inc?
As of 2024, Project Kitty Hawk Inc holds $42.9M in total assets with $34.7M in annual revenue. It awarded 2 grants totaling $667K in 2024.
Where does Project Kitty Hawk Inc operate?
Project Kitty Hawk Inc has awarded grants in North Carolina.
What size grants does Project Kitty Hawk Inc award?
In 2024, Project Kitty Hawk Inc awarded 2 grants totaling $667K — an average of about $333K per grant, based on its IRS Form 990 filings.
What is Project Kitty Hawk Inc's EIN?
Project Kitty Hawk Inc's EIN (Employer Identification Number) is 87-3871908. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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