Overview

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Est.

2018

Fiscal Year Start

Jun 1

Organization Type

Grantseeker

AI Summary

Challenge Foundation Arizona Inc is a nonprofit organization dedicated to helping economically disadvantaged children attain college readiness through scholarships and financial aid. With an operating budget of $778.6K and total revenue of $1.1M for the filing year 2025, the foundation receives funding from a diverse array of sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.thechallengefoundation.org.

Mission Statement

TO HELP ECONOMICALLY DISADVANTAGED CHILDREN ATTAIN COLLEGE READINESS.
Revenues
$1.1M
Expenses
$778.6K
Net Income:
+$316.9K
Assets
$5.2M
Liabilities
$14.2K
Net Assets:
+$5.2M
Operating Budget
$778.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$92K
Largest grant received
$250K
M
Mary Ellen Dalton
Board Member
M
Mark Livingston
Board Member
K
Kari Davis
Board Member

Frequently Asked Questions

What is CHALLENGE FOUNDATION ARIZONA INC’s budget?
In 2025, CHALLENGE FOUNDATION ARIZONA INC reported an annual operating budget of around $779 thousand. More detailed financial information is available to registered users.
What causes does CHALLENGE FOUNDATION ARIZONA INC support?
CHALLENGE FOUNDATION ARIZONA INC supports work in Scholarships & Financial Aid.
Where does CHALLENGE FOUNDATION ARIZONA INC operate?
CHALLENGE FOUNDATION ARIZONA INC is headquartered in Phoenix, AZ.
Who funded CHALLENGE FOUNDATION ARIZONA INC recently?
In 2025, CHALLENGE FOUNDATION ARIZONA INC received grants from REX L ALLISON EDUCATIONAL FOUNDATION INC, JOHN F LONG FOUNDATION INC, and ARIZONA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant CHALLENGE FOUNDATION ARIZONA INC received in 2024?
The largest grant to CHALLENGE FOUNDATION ARIZONA INC in 2024 exceeds $250 thousand.