The William R Kenan Jr Fund for Arts

CHAPEL HILL, NC EIN: 58-1976597

The William R Kenan Jr Fund for Arts is a private foundation, based in CHAPEL HILL, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $33.4M in total assets. In 2025, it awarded 1 grants totaling $1.9M. Net investment income was $3.0M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$33.4M

+2.7% YoY

Annual Giving

$1.9M

+3.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.9M

+3.7% YoY

About The William R Kenan Jr Fund for Arts

Based on IRS filings

The William R Kenan Jr Fund for Arts is a private foundation, based in CHAPEL HILL, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $33.4M in total assets. In 2025, it awarded 1 grants totaling $1.9M. Net investment income was $3.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Chapel HillWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20212022202320242025
Metric202520242023
Total Assets$33,398,003$32,535,043$30,302,671
Revenue$3,222,164$4,491,496$2,286,080
Expenses$2,365,737$2,266,123$2,175,581
Qualifying Distributions$2,191,631$2,047,971$2,004,371
Net Investment Income$3,037,933$4,325,644$2,128,510
Distributable Amount$2,215,419$1,982,029$1,849,389

Giving Over Time

Total grant dollars and number of grants per year

$0$488K$975K$1M$2M2 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

UNC SCHOOL OF THE ARTS F…$1.9M

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
THOMAS S KENAN IIICHAIRMAN/DIRECTOR
LIZA KENAN HOWELLDIRECTOR
STERLING KENAN MCCRACKENTDIRECTOR
DANIEL W DRAKEPRESIDENT/DIRECTOR
J HAYWOOD DAVISDIRECTOR
ROBERT P BAYNARD JRDIRECTOR
STEVEN R ARMSTRONGTREASUER
HOLT K HEMINGWAYSECRETARY/DIRECTOR
SUSAN BOWSERASSISTANT SECRETARY
FRANK HAWKINS KENAN IIDIRECTOR
CHRISTOPHER ARNDT SHUPINGDIRECTOR
EVAN STEWART GWYNDIRECTOR
GARETH GWYNDIRECTOR

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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