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The William R Kenan Jr Fund is a private corporation based in CHAPEL HILL, NC. The foundation received its IRS ruling in 1983. The principal officer is % Steven Armstrong. It holds total assets of $64.7M. Annual income is reported at $16.4M. According to available records, The William R Kenan Jr Fund has made 5 grants totaling $3.6M, with a median grant of $214K. Individual grants have ranged from $10K to $2.3M, with an average award of $725K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
The William R Kenan Jr Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NC.
The William R Kenan Jr Fund has distributed a total of $3.6M across 5 grants. The median grant size is $214K, with an average of $725K. Individual grants have ranged from $10K to $2.3M.
The William R Kenan Jr Fund typically selects its grantees rather than accepting unsolicited proposals.
The William R Kenan Jr Fund is headquartered in CHAPEL HILL, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel W Drake | PRES./DIRECTOR | $178K | $0 | $178K |
| Susan Bowser | ASSISTANT SECRETARY | $103K | $8K | $110K |
| Evan Stewart Gwyn | DIRECTOR | $0 | $0 | $0 |
| Robert P Baynard Jr | DIRECTOR | $0 | $0 | $0 |
| Liza Kenan Howell | DIRECTOR | $0 | $0 | $0 |
Total Giving
$4.8M
Total Assets
$63.2M
Fair Market Value
$87M
Net Worth
$63.2M
Grants Paid
$3.6M
Contributions
$97K
Net Investment Income
$8.6M
Distribution Amount
$3.8M
Total: $25.1M
Total Grants
5
Total Giving
$3.6M
Average Grant
$725K
Median Grant
$214K
Unique Recipients
1
Most Common Grant
$150K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kenan-Flagler Business School FoundationOPERATIONS | Chapel Hill, NC | $2.3M | 2021 |
| J Haywood Davis |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Frank Hawkins Kenan Ii | DIRECTOR | $0 | $0 | $0 |
| Sterling Kenan Mccracken | DIRECTOR | $0 | $0 | $0 |
| Holt K Hemingway | SECRETARY/DIRECTOR | $0 | $0 | $0 |
| Thomas S Kenan Iii | VICE PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Christopher Arndt Shuping | DIRECTOR | $0 | $0 | $0 |
| Gareth Gwyn | DIRECTOR | $0 | $0 | $0 |
| Steven R Armstrong | TREASURER | $0 | $0 | $0 |
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