Skip to content
ProPublica Donate
ProPublica Donate

William R Kenan Jr Fund For Ethics

  • Chapel Hill, NC
  • Tax-exempt since July 1995
  • EIN: 56-1919423

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Social Science Research Institutes, Services / Behavioral Science (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.35M (2025)

Expenses
$1.63M (2025)

Total Assets
$23.9M (2025)

Total Liabilities
$0 (2025)

Years with missing data
Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,347,152
Expenses
$1,632,650
Net Income
$714,502
Net Assets
$23,935,107
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $71,744
3.1%
Dividends $621,925
26.5%
Sales of Assets $1,653,483
70.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,463,027
89.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $23,935,107
Total Liabilities $0
Net Assets $23,935,107
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Vice President/Director) $0 $0
Daniel W Drake (President/Director) $0 $0
J Haywood Davis (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Rob Baynard (Director) $0 $0
Steven R Armstrong (Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
Sterling Kenan Mccracken (Director) $0 $0
Frank H Kenan (Director) $0 $0
Christopher Ardnt Shuping (Director) $0 $0
Evan Stewart Gwyn (Director) $0 $0
Gareth Gwyn (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,399,534
Expenses
$1,689,891
Net Income
$1,709,643
Net Assets
$23,216,367
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $49,827
1.5%
Dividends $574,106
16.9%
Sales of Assets $2,775,601
81.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,529,702
90.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $23,216,367
Total Liabilities $0
Net Assets $23,216,367
Compensation
Key Employees and Officers Compensation Other
Thomas S Kenan Iii (Vice President/Director) $0 $0
Daniel W Drake (President/Director) $0 $0
J Haywood Davis (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Rob Baynard (Director) $0 $0
Steven R Armstrong (Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
Sterling Kenan Mccracken (Director) $0 $0
Frank H Kenan (Director) $0 $0
Christopher Ardnt Shuping (Director) $0 $0
Evan Stewart Gwyn (Director) $0 $0
Gareth Gwyn (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,722,523
Expenses
$1,619,394
Net Income
$103,129
Net Assets
$21,498,839
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20,258
1.2%
Dividends $526,768
30.6%
Sales of Assets $1,175,465
68.2%
Other Income $32
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,490,471
92.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $21,498,839
Total Liabilities $0
Net Assets $21,498,839
Compensation
Key Employees and Officers Compensation Other
Elizabeth Price Kenan (Chairman/Director) $0 $0
Thomas S Kenan Iii (Vice President/Director) $0 $0
Daniel W Drake (President/Treasurer/Direct) $0 $0
J Haywood Davis (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Rob Baynard (Director) $0 $0
Steven R Armstrong (Assistant Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on May 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,093,900
Expenses
$1,563,493
Net Income
-$469,593
Net Assets
$21,384,430
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $657
0.1%
Dividends $465,199
42.5%
Sales of Assets $628,044
57.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,409,815
90.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $21,384,430
Total Liabilities $0
Net Assets $21,384,430
Compensation
Key Employees and Officers Compensation Other
Elizabeth Price Kenan (Chairman/Director) $0 $0
Thomas S Kenan Iii (Vice President/Director) $0 $0
Daniel W Drake (President/Treasurer/Direct) $0 $0
J Haywood Davis (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Rob Baynard (Director) $0 $0
Steven R Armstrong (Assistant Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 7, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,680,676
Expenses
$1,108,289
Net Income
$572,387
Net Assets
$21,865,951
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $606
0.0%
Dividends $415,719
24.7%
Sales of Assets $1,264,147
75.2%
Other Income $204
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $965,310
87.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $21,865,952
Total Liabilities $1
Net Assets $21,865,951
Compensation
Key Employees and Officers Compensation Other
Elizabeth Price Kenan (Chairman/Director) $0 $0
Thomas S Kenan Iii (Vice President/Director) $0 $0
Daniel W Drake (President/Treasurer/Direct) $0 $0
J Haywood Davis (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
Rob Baynard (Director) $0 $0
Steven R Armstrong (Assistant Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Susan Bowser (Assistant Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 10, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,823,592
Expenses
$1,624,948
Net Income
$5,198,644
Net Assets
$21,205,417
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,907
0.1%
Dividends $472,266
6.9%
Sales of Assets $6,346,973
93.0%
Other Income $446
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,458,712
89.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $21,205,417
Total Liabilities $0
Net Assets $21,205,417

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,003,493
Expenses
$1,278,086
Net Income
$725,407
Net Assets
$15,994,833
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,860
0.4%
Dividends $474,552
23.7%
Sales of Assets $1,520,220
75.9%
Other Income $861
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,201,723
94.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,994,833
Total Liabilities $0
Net Assets $15,994,833

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$570,665
Expenses
$1,171,095
Net Income
-$600,430
Net Assets
$16,570,235
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,279
0.7%
Dividends $460,694
80.7%
Sales of Assets $100,095
17.5%
Other Income $5,597
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,087,299
92.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,570,235
Total Liabilities $0
Net Assets $16,570,235

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$869,151
Expenses
$1,072,083
Net Income
-$202,932
Net Assets
$17,166,890
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,616
0.9%
Dividends $460,614
53.0%
Sales of Assets $395,312
45.5%
Other Income $5,609
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $980,122
91.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,166,890
Total Liabilities $0
Net Assets $17,166,890

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,627,222
Expenses
$846,758
Net Income
$780,464
Net Assets
$17,332,521
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $9,259
0.6%
Dividends $589,765
36.2%
Sales of Assets $873,619
53.7%
Other Income $154,579
9.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $754,684
89.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,332,521
Total Liabilities $0
Net Assets $17,332,521

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$964,268
Expenses
$715,652
Net Income
$248,616
Net Assets
$16,749,027
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $11,698
1.2%
Dividends $439,560
45.6%
Sales of Assets $483,649
50.2%
Other Income $29,361
3.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $639,484
89.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,749,027
Total Liabilities $0
Net Assets $16,749,027

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$831,329
Expenses
$827,898
Net Income
$3,431
Net Assets
$16,566,292
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,309
0.4%
Dividends $523,518
63.0%
Sales of Assets $300,670
36.2%
Other Income $3,832
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $763,410
92.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,566,292
Total Liabilities $0
Net Assets $16,566,292

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$215,187
Expenses
$757,554
Net Income
-$542,367
Net Assets
$16,550,194
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,845
4.1%
Dividends $288,025
> 100%
Sales of Assets $0
Other Income $7,988
3.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $714,540
94.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,550,194
Total Liabilities $0
Net Assets $16,550,194

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated