Betty P Kenan Family Foundation
Betty P Kenan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $88K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+1.0% YoY
Annual Giving
$60K
Grant Count
1
Avg Grant Size
$60K
Under IRS private-foundation payout rules, Betty P Kenan Family Foundation reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
About Betty P Kenan Family Foundation
Based on IRS filings
Betty P Kenan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $88K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,528,024 | $2,503,496 | — |
| Revenue | $93,557 | $2,503,495 | — |
| Expenses | $68,790 | — | — |
| Qualifying Distributions | $62,468 | — | — |
| Net Investment Income | $88,404 | $41,569 | — |
| Distributable Amount | $130,216 | $51,465 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Singing on Grandfather Mountain ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SINGING ON GRANDFATHER MOUNTAIN CHAPEL HILL, NC | TO ASSIST WITH START-UP OF SINGING EVENT ON GRANDFATHER MOUNTAIN | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OWEN GWYN JR | DIRECTOR/PRESIDENT | 1 | — |
| EVAN S GWYN | DIRECTOR | 1 | — |
| GARETH P GWYN | DIRECTOR | 1 | — |
| STEVEN R ARMSTRONG | SECRETARY/TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Betty P Kenan Family Foundation?
Betty P Kenan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. It holds $2.5M in total assets as of 2024.
How large is Betty P Kenan Family Foundation?
As of 2024, Betty P Kenan Family Foundation holds $2.5M in total assets with $94K in annual revenue. It awarded 1 grants totaling $60K in 2024.
Where does Betty P Kenan Family Foundation operate?
Betty P Kenan Family Foundation has awarded grants in North Carolina.
What size grants does Betty P Kenan Family Foundation award?
In 2024, Betty P Kenan Family Foundation awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is Betty P Kenan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Betty P Kenan Family Foundation reported a distributable amount of $130K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Betty P Kenan Family Foundation's EIN?
Betty P Kenan Family Foundation's EIN (Employer Identification Number) is 83-1085610. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.