EIN 56-0771850

The Kenan-Flagler Business School Foundation

IRS 501(c) type
501(c)(3)
Num. employees
54
Year formed
1946
Most recent tax filings
2023-06-01
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
$44,573,407
2023
Total expenses
$35,966,912
2023
Total assets
$268,628,293
2023
Num. employees
54
2023

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$15,780,591
University of North Carolina at Chapel HillAdmin & Planning$13,654,773
University of North Carolina at Chapel HillEndowment Income Distribution$6,528,209

Who funds The Kenan-Flagler Business School Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The William R Kenan JR FundOperations$3,590,000
Seymour Family Foundation An Irrevocable Charitable TrustSupport the Foundation$2,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$732,800
...and 42 more grants received totalling $9,584,123

Personnel at The Kenan-Flagler Business School Foundation

NameTitleCompensation
Mary Margaret FrankDean and Professor of Accounting
Sarah PerezAssociate Dean of MBA Programs and Executive Director of Admissions and Student Recruitment
Tom CawleyKenan - Flagler Business School Foundation Board$0
Francie KeenanPresident , Kenan - Flagler Business School Foundation Board$0
Jana RaedySenior Associate Dean of Business and Operations , Associate Professor of Accounting , Ey Scholar in Accounting$0
...and 6 more key personnel

Financials for The Kenan-Flagler Business School Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$23,630,348
Program services$13,024,000
Investment income and dividends$7,659,658
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-1,903
Net gain from sale of non-inventory assets$-126,751
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$388,055
Total revenues$44,573,407

Form 990s for The Kenan-Flagler Business School Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-03-27990View PDF
2021-062022-02-22990View PDF
2020-062021-03-02990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

Organizations like The Kenan-Flagler Business School Foundation

OrganizationLocationRevenue
Western Illinois University FoundationMacomb, IL$11,991,285
College of Central Florida FoundationOcala, FL$14,177,758
Utah Valley University FoundationOrem, UT$39,712,490
University of Memphis FoundationMemphis, TN$47,641,079
Michigan Tech FundHoughton, MI$20,705,355
University of Central Ar FoundationincConway, AR$21,563,728
Binghamton University FoundationBinghamton, NY$57,977,280
University of Central Missouri FoundationWarrensburg, MO$15,315,526
James Madison University FoundationHarrisonburg, VA$21,589,923
Auburn University FoundationAuburn University, AL$105,901,553
Data update history
October 19, 2024
Updated personnel
Identified 4 new personnel
August 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 9, 2024
Updated personnel
Identified 2 new personnel
August 2, 2024
Received grants
Identified 10 new grant, including a grant for $3,590,000 from The William R Kenan JR Fund
May 18, 2024
Received grants
Identified 11 new grant, including a grant for $602,000 from Commonwealth Foundations
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsTax deductible donationsNo full-time employeesAccepts online donations
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
Central organization
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