William R Kenan Jr Fund For Eng Technology And Science
- Assets
- $0.0
- Revenue
- $1.4m
- Investments
- $27.5m
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 04/1992
- Data as of
- 06/2022
- EIN
- 56-1761145
Organization Overview
William R Kenan Jr Fund For Eng Technology And Science is located in Chapel Hill, NC. The organization was established in 1992. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William R Kenan Jr Fund For Eng Technology And Science is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, William R Kenan Jr Fund For Eng Technology And Science generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel W Drake Chairman/president/treasur | 0 | $0 | |
Thomas S Kenan III Vice President/director | 0 | $0 | |
Liza Kenan Howell Director | 0 | $0 | |
Elizabeth Price Kenan Director | 0 | $0 | |
J Haywood Davis Director | 0 | $0 | |
Robert P Baynard Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $783 |
| Dividends & Interest | $614,727 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,436,534 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $363,090 |
| Contributions, gifts, grants paid | $1,600,000 |
| Total expenses and disbursements | $1,963,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,918 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,680,232 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project South The Institution For The Elimination Poverty & Genocide Atlanta, GA | $19,343,723 | $5,867,813 |
Life Sciences Research Foundation Charlotte, NC | $3,955,635 | $3,870,218 |
William R Kenan Jr Fund For Eng Technology And Science Chapel Hill, NC | $0 | $1,436,534 |
American Society Of Overseas Research Alexandria, VA | $7,305,829 | $2,282,373 |
South Carolina Science Academy Columbia, SC | $370,942 | $1,578,757 |
Step Up Savannah Inc Savannah, GA | $902,041 | $773,625 |
Institute For Southern Studies Inc Durham, NC | $2,569,882 | $379,385 |
North American Regional Science Council Inc Reston, VA | $428,200 | $129,367 |
Alalay Foundation Inc Falls Church, VA | $40,781 | $48,000 |
Time Lifestyle Management System Incorporated Midville, GA | $29,675 | $53,000 |
Social Work Innovations Inc Columbia, SC | $1,682 | $0 |
Mochlos Foundation Greensboro, NC | $15,953 | $23,013 |