EIN 56-0771850

The Kenan-Flagler Business School Foundation

IRS 501(c) type
501(c)(3)
Num. employees
42
Year formed
1946
Most recent tax filings
2022-06-01
Description
Provided funds for teaching salaries, research planning & administration, placement of teachers, and student financial assistance to supplement The operations of The unc School of Business.
Total revenues
$44,675,511
2022
Total expenses
$23,678,383
2022
Total assets
$259,673,453
2022
Num. employees
42
2022

Program areas at The Kenan-Flagler Business School Foundation

Provided funds for teaching salaries, research planning & administration, placement of teachers, and student financial assistance to supplement The operations of The unc School of Business.

Grants made by The Kenan-Flagler Business School Foundation

GranteeGrant descriptionAmount
University of North Carolina at Chapel HillUniversity Transfers$10,518,645
University of North Carolina at Chapel HillAdmin & Planning$7,311,774
University of North Carolina at Chapel HillEndowment Income Distribution$5,847,944

Who funds The Kenan-Flagler Business School Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Foundation for the CarolinasCharitable Gift$3,260,600
Seymour Family Foundation An Irrevocable Charitable TrustSupport the Foundation$3,250,000
The William R Kenan JR FundOperations$3,175,000
...and 32 more grants received totalling $13,990,037

Personnel at The Kenan-Flagler Business School Foundation

NameTitleCompensation
Allen WilsonVice President for Strategy and Innovation
Amy WittmayerManaging Director, Master of Accounting Program
Sherry WallaceExecutive Director, Engagement and Inclusion
Frank HawkinsDirector of the
Jana RaedyTreasurer
...and 10 more key personnel

Financials for The Kenan-Flagler Business School Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$29,344,129
Program services$8,020,000
Investment income and dividends$5,964,869
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-3,924
Net gain from sale of non-inventory assets$191,393
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,159,044
Total revenues$44,675,511

Form 990s for The Kenan-Flagler Business School Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-03-02990View PDF
2019-062021-01-21990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-07-28990View PDF
...and 6 more Form 990s
Data update history
May 13, 2023
Used new vendors
Identified 1 new vendor, including
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $66,147 from The Blackbaud Giving Fund
November 6, 2022
Used new vendors
Identified 1 new vendor, including
July 28, 2022
Received grants
Identified 5 new grant, including a grant for $20,000 from The Greater Cincinnati Foundation
September 24, 2021
Received grants
Identified 3 new grant, including a grant for $273,144 from The Hudson Foundation / Hudson Thomas W JR Ttee
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsTax deductible donationsNo full-time employees
General information
Address
205 Kenan Ctr CB 3490
Chapel Hill, NC 27599
Metro area
Durham-Chapel Hill, NC
County
Orange County, NC
Website URL
kenan-flagler.unc.edu/ 
Phone
(919) 962-7158
IRS details
EIN
56-0771850
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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