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Betty P Kenan Family Foundation is a private corporation based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2019. The principal officer is Steven R Armstrong. It holds total assets of $2.5M. Annual income is reported at $343K. Total assets have grown from N/A in 2019 to $2.5M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Betty P Kenan Family Foundation has made 1 grants totaling $60K, with a median grant of $60K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Betty P Kenan Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NC.
Betty P Kenan Family Foundation has distributed a total of $60K across 1 grants. The median grant size is $60K, with an average of $60K. Individual grants have ranged from $60K to $60K.
Betty P Kenan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Betty P Kenan Family Foundation is headquartered in CHAPEL HILL, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| OWEN GWYN JR | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| STEVEN R ARMSTRONG | SECRETARY/TREASURER | $0 | $0 | N/A |
| GARETH P GWYN | DIRECTOR | $0 | $0 | N/A |
| EVAN S GWYN | DIRECTOR | $0 | $0 | N/A |
Total Giving
$60K
Total Assets
$2.5M
Fair Market Value
$2.8M
Net Worth
$2.5M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$88K
Distribution Amount
$130K
Total: $2.4M
Total Grants
1
Total Giving
$60K
Average Grant
$60K
Median Grant
$60K
Unique Recipients
1
Most Common Grant
$60K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SINGING ON GRANDFATHER MOUNTAINTO ASSIST WITH START-UP OF SINGING EVENT ON GRANDFATHER MOUNTAIN | CHAPEL HILL, NC | $60K | 2024 |