Kenan-flagler Business School Foundation
Only null% goes to programs Strong reserves Growing revenue
Kenan-flagler Business School Foundation is a 501(c)(3) organization based in Chapel Hill, North Carolina, registered in 1951, with $56,551,031 in FY2024 revenue. CharityIndex grades it C+.
205 Kenan Center Cb 3490, Chapel Hill, NC, 27599 EIN 56-0771850 Since 1951
Revenue (FY2024)
$56.6M
▲ 17.7% vs prior year
Education median: $200K
Expenses (FY2024)
$50.0M
Net assets
$299.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Kenan-flagler Business School Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating72 mo reserves · +12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kenan-flagler Business School Foundation: 72 mo reserves · +12% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Kenan-flagler Business School Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kenan-flagler Business School Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 205 Kenan Center Cb 3490, Chapel Hill, NC, 27599
- City
- Chapel Hill
- State
- North Carolina
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $23.8M (FY2013) to $56.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.6MNet assets $299.7M
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$305.2M
Total liabilities
$5.6M
Net assets
$299.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,551,031▲17.7% | $50,040,059▲35.6% | $299,659,081▲6.3% | $305,218,348▲6.2% | 990 |
| 2023 | $48,037,588▲7.8% | $36,915,574▲2.6% | $281,902,075▲8.4% | $287,274,033▲6.9% | 990 |
| 2022 | $44,573,407▼0.2% | $35,966,912▲51.9% | $260,039,067▲0.2% | $268,628,293▲3.4% | 990 |
| 2021 | $44,675,511▼9.9% | $23,678,383▲14.8% | $259,646,053▲9.0% | $259,673,453▲8.9% | 990 |
| 2020 | $49,598,088▲34.6% | $20,628,213▼5.0% | $238,315,966▲40.6% | $238,346,808▲40.6% | 990 |
| 2019 | $36,856,586▼29.4% | $21,702,630▼20.7% | $169,502,046▲7.1% | $169,532,677▲7.1% | 990 |
| 2018 | $52,199,636▲48.1% | $27,380,310▲12.3% | $158,253,046▲18.4% | $158,287,685▲18.4% | 990 |
| 2017 | $35,236,298▲12.3% | $24,386,861▼17.2% | $133,604,220▲14.3% | $133,634,538▲14.3% | 990 |
| 2016 | $31,385,364▲23.7% | $29,448,961▲59.2% | $116,930,685▲5.8% | $116,959,919▼17.4% | 990 |
| 2015 | $25,367,143▼23.7% | $18,499,225▼13.8% | $110,567,124▲0.8% | $141,571,578▲6.3% | 990 |
| 2014 | $33,237,487▲39.6% | $21,469,093▼29.4% | $109,667,206▲15.0% | $133,132,310▲30.2% | 990 |
| 2013 | $23,804,456 | $30,395,067▼10.9% | $95,375,858▼0.1% | $102,267,285▲6.4% | 990 |
| 2012 | — | $34,097,511▼0.2% | $95,492,510▲9.4% | $96,095,626▲10.0% | 990 |
| 2011 | — | $34,159,053 | $87,296,861 | $87,334,113 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $19.7M total
148 grants to Kenan-flagler Business School Foundation totaling $19.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Similar organizations in Education
Education
Johnson C Smith University Incorporated
Charlotte, NC
$55.8M
Aannual revenue
Education
Charlotte Latin Schools Inc
Charlotte, NC
$55.7M
Bannual revenue
Education
Barton College
Wilson, NC
$58.5M
Bannual revenue
Education
Nc Student Aid Association Inc
Raleigh, NC
$58.8M
Bannual revenue
Education
Lees-mcrae College Incorporated
Banner Elk, NC
$52.3M
Bannual revenue
Education
Warren Wilson College
Swannanoa, NC
$52.2M
Bannual revenue
Education
Mars Hill University
Mars Hill, NC
$61.9M
Aannual revenue
Education
University of Mount Olive Inc
Mount Olive, NC
$50.6M
Aannual revenue
- Education
Unc-g Excellence Foundation
Greensboro, NC
$50.6M
C+annual revenue
Education
Montreat College
Montreat, NC
$50.5M
Bannual revenue
Compare Kenan-flagler Business School Foundation
Frequently asked questions
- Is Kenan-flagler Business School Foundation a legitimate nonprofit?
- Yes. Kenan-flagler Business School Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0771850, based in Chapel Hill, North Carolina. Donations are tax-deductible.
- What is Kenan-flagler Business School Foundation's EIN?
- Kenan-flagler Business School Foundation's Employer Identification Number (EIN) is 56-0771850.
- How much revenue does Kenan-flagler Business School Foundation report?
- Kenan-flagler Business School Foundation reported $56,551,031 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Kenan-flagler Business School Foundation have?
- CharityIndex grades Kenan-flagler Business School Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Chapel Hill
Explore more
Data for Kenan-flagler Business School Foundation (EIN 56-0771850) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.