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The William R Kenan Jr Fund

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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$9.47M (2024)

Expenses
$4.84M (2024)

Total Assets
$63.2M (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

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
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,472,454
Expenses
$4,836,806
Net Income
$4,635,648
Net Assets
$63,174,526
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $96,806
1.0%
Interest Revenue $126,065
1.3%
Dividends $1,505,995
15.9%
Sales of Assets $7,284,941
76.9%
Other Income $458,647
4.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,963,592
81.9%
Compensation of Officers* $280,534
5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $63,174,526
Total Liabilities $0
Net Assets $63,174,526
Compensation
Key Employees and Officers Compensation Other
Daniel W Drake (Pres./Director) $178,000 $0
Susan Bowser (Assistant Secretary) $102,534 $7,619
Thomas S Kenan Iii (Vice President/Director) $0 $0
Sterling Kenan Mccracken (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0
Frank Hawkins Kenan Ii (Director) $0 $0
Christopher Arndt Shuping (Director) $0 $0
Evan Stewart Gwyn (Director) $0 $0
Gareth Gwyn (Director) $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,492,798
Expenses
$4,621,840
Net Income
-$129,042
Net Assets
$58,525,245
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,736
0.6%
Interest Revenue $53,803
1.2%
Dividends $1,394,709
31.0%
Sales of Assets $2,611,906
58.1%
Other Income $406,644
9.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,900,409
84.4%
Compensation of Officers* $269,569
5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $58,525,245
Total Liabilities $0
Net Assets $58,525,245
Compensation
Key Employees and Officers Compensation Other
Daniel W Drake (Pres./Treasurer/Direct) $171,150 $0
Susan Bowser (Assistant Secretary) $98,419 $7,331
Thomas S Kenan Iii (Vice President/Director) $0 $0
Elizabeth Price Kenan (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Assistant Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,328,530
Expenses
$4,588,361
Net Income
-$1,259,831
Net Assets
$58,618,906
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,558
0.0%
Dividends $1,228,022
36.9%
Sales of Assets $1,658,010
49.8%
Other Income $440,940
13.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,752,014
81.8%
Compensation of Officers* $256,734
5.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $58,618,980
Total Liabilities $74
Net Assets $58,618,906
Compensation
Key Employees and Officers Compensation Other
Daniel W Drake (Pres./Treasurer/Direct) $163,000 $0
Susan Bowser (Assistant Secretary) $93,734 $7,003
Thomas S Kenan Iii (Vice President/Director) $0 $0
Elizabeth Price Kenan (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Assistant Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,238,170
Expenses
$4,766,598
Net Income
$471,572
Net Assets
$59,913,037
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,306
0.0%
Dividends $1,110,565
21.2%
Sales of Assets $3,663,873
69.9%
Other Income $462,426
8.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,805,005
79.8%
Compensation of Officers* $254,034
5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $59,913,111
Total Liabilities $74
Net Assets $59,913,037
Compensation
Key Employees and Officers Compensation Other
Daniel W Drake (Pres./Treasurer/Direct) $163,000 $0
Susan Bowser (Assistant Secretary) $91,034 $0
Thomas S Kenan Iii (Vice President/Director) $0 $0
Elizabeth Price Kenan (Director) $0 $0
Liza Kenan Howell (Director) $0 $0
J Haywood Davis (Director) $0 $0
Robert P Baynard Jr (Director) $0 $0
Steven R Armstrong (Assistant Treasurer) $0 $0
Holt K Hemingway (Secretary/Director) $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$20,209,720
Expenses
$4,879,029
Net Income
$15,330,691
Net Assets
$59,265,163
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,900
0.0%
Interest Revenue $9,233
0.0%
Dividends $1,267,316
6.3%
Sales of Assets $18,516,618
91.6%
Other Income $412,653
2.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,061,575
83.2%
Compensation of Officers* $257,264
5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $59,265,237
Total Liabilities $74
Net Assets $59,265,163

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,123,268
Expenses
$3,842,456
Net Income
$2,280,812
Net Assets
$43,910,259
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $48,065
0.8%
Interest Revenue $20,122
0.3%
Dividends $1,290,492
21.1%
Sales of Assets $4,374,006
71.4%
Other Income $390,583
6.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,190,245
83.0%
Compensation of Officers* $242,266
6.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $43,910,333
Total Liabilities $74
Net Assets $43,910,259

Document Links

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

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

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,860,863
Expenses
$3,418,173
Net Income
-$1,557,310
Net Assets
$48,568,793
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $12,075
0.6%
Dividends $1,259,565
67.7%
Sales of Assets $203,896
11.0%
Other Income $385,327
20.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,819,994
82.5%
Compensation of Officers* $176,945
5.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $48,568,867
Total Liabilities $74
Net Assets $48,568,793

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,721,030
Expenses
$3,381,521
Net Income
-$660,491
Net Assets
$50,118,545
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $600
0.0%
Interest Revenue $18,990
0.7%
Dividends $1,267,223
46.6%
Sales of Assets $1,041,623
38.3%
Other Income $392,594
14.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,741,792
81.1%
Compensation of Officers* $295,377
8.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $50,118,619
Total Liabilities $74
Net Assets $50,118,545

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,563,927
Expenses
$3,359,462
Net Income
$1,204,465
Net Assets
$50,707,725
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $24,614
0.5%
Dividends $1,611,289
35.3%
Sales of Assets $2,239,281
49.1%
Other Income $688,743
15.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,630,432
78.3%
Compensation of Officers* $232,326
6.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $50,707,799
Total Liabilities $74
Net Assets $50,707,725

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,829,844
Expenses
$2,815,285
Net Income
$3,014,559
Net Assets
$49,897,506
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $30,374
0.5%
Interest Revenue $0
Dividends $1,245,924
21.4%
Sales of Assets $4,126,501
70.8%
Other Income $427,045
7.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,257,761
80.2%
Compensation of Officers* $216,128
7.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $49,897,580
Total Liabilities $74
Net Assets $49,897,506

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,039,380
Expenses
$3,431,664
Net Income
-$392,284
Net Assets
$47,016,726
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $16,000
0.5%
Interest Revenue $8,846
0.3%
Dividends $1,374,312
45.2%
Sales of Assets $954,417
31.4%
Other Income $685,805
22.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,608,627
76.0%
Compensation of Officers* $354,291
10.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $47,016,726
Total Liabilities $0
Net Assets $47,016,726

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,415,082
Expenses
$3,399,887
Net Income
-$1,984,805
Net Assets
$47,370,164
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20,842
1.5%
Dividends $835,646
59.1%
Sales of Assets $0
Other Income $828,283
58.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,471,812
72.7%
Compensation of Officers* $597,671
17.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $47,370,164
Total Liabilities $0
Net Assets $47,370,164

Document Links

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

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

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

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

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

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

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

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

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

About 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.

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