EIN 58-1976605

Kanuga Endowment

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1991
Most recent tax filings
2020-12-01
Notice
This nonprofit is terminated or no longer active
Kanuga Endowment may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
Kanuga Endowment's mission is to provide support for Kanuga Conferences, Inc. by providing financial stability and security, preserving and improving its property, developing its programs, and ensuring adequate scholarship resources for participants. It solicits, manages, and invests contributions to fund Kanuga conferences and in 2020 provided $372,000 in funding for conference programs. The contributed funds supported various initiatives.
Total revenues
$539,404
2020
Total expenses
$5,090,578
2020
Total assets
$0
2020
Num. employees
0
2020

Program areas at Kanuga Endowment

Soliciting, managing, and investing contributions to Kanuga to provide for the financial stability and security of Kanuga conferences, Inc. Helped fund programs for Kanuga conferences in 2020 in the amount of $372,000. Contributed funds supported the following:outreach efforts, youth programs, library upkeep, guest period chaplains, maintainance of Kanuga facilities and grounds, program scholarships and the ongoing development of kanugaconferences.board restricted Endowment contributions in the amount of $4,685,123 were released from restriction for debt service for property improvements. Approved 2020 support of Kanuga conferences, inc.operationsprogram:adult programs 98,370youth programs 55,900camp Kanuga 12,240camp bob 32,080activities 1,460property 130,420debt service for property improvements 4,685,123board of directors 8,550scholarships 15,430advancement 13,550outreach 4,000total use of funds: 5,057,123during december of 2020 the organization merged with Kanuga conferences, Inc.

Grants made by Kanuga Endowment

GranteeGrant descriptionAmount
Kanuga Conferences IncorporatedTo Support Ministry of Kanuga Conferences, Inc.$5,057,123
Kanuga Conferences IncorporatedTo Support Ministry of Kanuga Conferences, Inc.$5,057,123

Personnel at Kanuga Endowment

NameTitleCompensation
Michael SullivanPresident$0
William CokerVice - Chairman / Director$0
Jonathan EngramChairman / Director$0
Derek StapletonChief Financial Officer / Secretary and Treasurer$0
Miriam WalshSecretary and Treasurer$0
...and 8 more key personnel

Financials for Kanuga Endowment

RevenuesFYE 12/2020
Total grants, contributions, etc.$11,053
Program services$0
Investment income and dividends$164,364
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$363,987
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$539,404

Form 990s for Kanuga Endowment

Fiscal year endingDate received by IRSFormPDF link
2020-122022-11-09990View PDF
2020-122021-11-09990View PDF
2019-122021-02-26990View PDF
2018-122020-02-18990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s
Data update history
May 23, 2023
Used new vendors
Identified 1 new vendor, including
August 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 28, 2022
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
May 2, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Grantmaking organizationsHeadquarter / parent organizations
Issues
Education
Characteristics
Endowed supportNo full-time employeesTerminated
General information
Address
130 Kanuga Chapel Dr
Hendersonville, NC 28739
Metro area
Asheville, NC
County
Henderson County, NC
Phone
(828) 692-9136
IRS details
EIN
58-1976605
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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