The William R Kenan Jr Fund

CHAPEL HILL, NC EIN: 57-0757568

The William R Kenan Jr Fund is a private foundation, based in CHAPEL HILL, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $64.7M in total assets. In 2025, it awarded 1 grants totaling $3.8M. Net investment income was $5.7M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$64.7M

+2.4% YoY

Annual Giving

$3.8M

+4.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3.8M

+4.6% YoY

About The William R Kenan Jr Fund

Based on IRS filings

The William R Kenan Jr Fund is a private foundation, based in CHAPEL HILL, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $64.7M in total assets. In 2025, it awarded 1 grants totaling $3.8M. Net investment income was $5.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Chapel Hill

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$10M20212022202320242025
Metric202520242023
Total Assets$64,708,541$63,174,526$58,525,245
Revenue$6,532,171$9,472,454$4,492,798
Expenses$5,008,485$4,836,806$4,621,840
Qualifying Distributions$4,103,106$4,035,491$3,973,985
Net Investment Income$5,720,278$8,607,434$3,765,631
Distributable Amount$4,250,074$3,769,579$3,565,240

Giving Over Time

Total grant dollars and number of grants per year

$0$938K$2M$3M$4M5 grants20212 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

KENAN-FLAGLER BUSINESS S…$3.8M

Grant Size Distribution

10 grants across all recorded years

1<$50K$50–100K2$100–250K1$250–500K$500K–1M6$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

DANIEL W DRAKEPRES./DIRECTOR$185KSUSAN BOWSERASSISTANT SECRETARY$111K

From 2025 filing

NameTitleHoursCompensation
THOMAS S KENAN IIIVICE PRESIDENT/DIRECTOR3
STERLING KENAN MCCRACKENDIRECTOR3
LIZA KENAN HOWELLDIRECTOR3
DANIEL W DRAKEPRES./DIRECTOR20$185,120
J HAYWOOD DAVISDIRECTOR3
ROBERT P BAYNARD JRDIRECTOR3
STEVEN R ARMSTRONGTREASURER3
HOLT K HEMINGWAYSECRETARY/DIRECTOR3
SUSAN BOWSERASSISTANT SECRETARY20$111,461
FRANK HAWKINS KENAN IIDIRECTOR
CHRISTOPHER ARNDT SHUPINGDIRECTOR
EVAN STEWART GWYNDIRECTOR
GARETH GWYNDIRECTOR

Related Funders

Similar funders by location and focus area

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

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