- Revenue 2024
- $68,577
- Expenses 2024
- $122,985
Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B11
- Classification
- 2000
- Street
- 205 KENAN CENTER CB 3490
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION
EIN 56-0771850
Mission and programs · 2024
Mission
PROVIDED FUNDS TO SUPPORT EDUCATIONAL INVESTMENT PROGRAMS FOR MBA STUDENTS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
Activities or mission (Part I)
KFBSF, INC. IS ORGANIZED AND OPERATED TO SUPPORT THE KENAN-FLAGLER BUSINESS SCHOOL AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. KFBSF, INC. WAS FORMED TO SERVE AS THE GENERAL PARTNER OF LIMITED PARTNERSHIPS ESTABLISHED AS EDUCATIONAL PROGRAMS FOR MBA STUDENTS ATTENDING THE BUSINESS SCHOOL. THE PARTNERSHIPS WILL ENHANCE THE EDUCATIONAL OPPORTUNITIES AVAILABLE TO THE STUDENTS BY PROVIDING HANDS-ON EXPERIENCE IN OPERATING PRIVATE FUNDS.
-
PROVIDED FUNDS TO SUPPORT EDUCATIONAL INVESTMENT PROGRAMS FOR MBA STUDENTS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
Expenses $118,435 · Revenue $104,129
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Jana RaedyJANA RAEDY
TREASURER
- Total calculated
- $618,162
- From this org
- $0
- From related orgs
- $548,760
- Other
- $69,402
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $473,427 related
- Bonus
- $0 + $75,333 related
- Other
- $0
- Deferred
- $0 + $48,545 related
- Nontaxable benefits
- $0 + $20,857 related
- Filer's total
- $0 + $618,162 related
-
Joe CanadyJOE CANADY
VICE PRESIDENT/ASSISTANT TREASURER
- Total calculated
- $249,261
- From this org
- $0
- From related orgs
- $186,918
- Other
- $62,343
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $186,918 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $47,526 related
- Nontaxable benefits
- $0 + $14,817 related
- Filer's total
- $0 + $249,261 related
-
Jeffrey Alan AllredJEFFREY ALAN ALLRED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HartzellDAVID HARTZELL
DIRECTOR
- Total calculated
- $467,816
- From this org
- $0
- From related orgs
- $391,461
- Other
- $76,355
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $391,461 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $56,751 related
- Nontaxable benefits
- $0 + $19,604 related
- Filer's total
- $0 + $467,816 related
-
Art BakerART BAKER
DIRECTOR
- Total calculated
- $307,908
- From this org
- $0
- From related orgs
- $229,471
- Other
- $78,437
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $229,471 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $59,043 related
- Nontaxable benefits
- $0 + $19,394 related
- Filer's total
- $0 + $307,908 related
-
Leonard WoodLEONARD WOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charlie BrindellCHARLIE BRINDELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad StaatsBRAD STAATS
DIRECTOR
- Total calculated
- $854,772
- From this org
- $0
- From related orgs
- $784,954
- Other
- $69,818
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $495,604 related
- Bonus
- $0 + $266,350 related
- Other
- $0 + $23,000 related
- Deferred
- $0 + $48,610 related
- Nontaxable benefits
- $0 + $21,208 related
- Filer's total
- $0 + $854,772 related
-
Jeff MittlestadtJEFF MITTLESTADT
DIRECTOR
- Total calculated
- $259,462
- From this org
- $0
- From related orgs
- $208,983
- Other
- $50,479
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $201,483 related
- Bonus
- $0 + $7,500 related
- Other
- $0
- Deferred
- $0 + $31,006 related
- Nontaxable benefits
- $0 + $19,473 related
- Filer's total
- $0 + $259,462 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $68,577
- Expenses
- $122,985
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $237,983
- Expenses
- $33,518
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $102,480
- Expenses
- $119,267
- Contributions
- $0
- Grants paid
- $100,000
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $517,523
- Expenses
- $673,978
- Assets (EOY)
- $365,233
-
2020 · 990
- Revenue
- $136,757
- Expenses
- $80,987
- Assets (EOY)
- $521,688
-
2019 · 990
- Revenue
- $161,429
- Expenses
- $693,555
- Assets (EOY)
- $462,193
-
2018 · 990
- Revenue
- $689,624
- Expenses
- $976,768
- Assets (EOY)
- $994,319
-
2017 · 990
- Revenue
- $595,840
- Expenses
- $9,346
- Assets (EOY)
- $1,281,463
-
2016 · 990
- Revenue
- $184,477
- Expenses
- $70,823
- Assets (EOY)
- $694,969
-
2015 · 990
- Revenue
- $126,303
- Expenses
- $10,278
- Assets (EOY)
- $581,315
-
2014 · 990-EZ
- Revenue
- $170,982
- Expenses
- $41,638
- Assets (EOY)
- $465,290
-
2013 · 990-EZ
- Revenue
- $129,294
- Expenses
- $72,533
- Assets (EOY)
- $335,946
-
2012 · 990-EZ
- Revenue
- $108,466
- Expenses
- $20,588
- Assets (EOY)
- $279,185
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
2022 FACILITIES SUPPORT
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION
501(C)(3) · SUPPORT · NC
-
THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
501(C)(3) · EDUCATION · NC
Declared as related by
-
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC
On its 2024 return
-
KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION
On its 2024 return as a controlled entity
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related partnerships on its 2024 return
-
KFBSF PRIVATE EQUITY FUND II LP
EXCLUDED · INVESTMENTS · NC · 20.8% owned · share of income -$37,124 · general or managing partner
-
KFBSF PRIVATE EQUITY FUND III LP
EXCLUDED · INVESTMENTS · NC · 1% owned · share of income $2,229 · share of assets $12,537 · general or managing partner
-
KFBSF PRIVATE EQUITY FUND IV LP
EXCLUDED · INVESTMENTS · NC · 1% owned · share of income $1,017 · share of assets $45,625 · general or managing partner
-
KFBSF REAL ESTATE FUND III LP
EXCLUDED · INVESTMENTS · NC · 1% owned · share of income $1,792 · share of assets $33,940 · general or managing partner
-
KFBSF REAL ESTATE FUND IV LP
EXCLUDED · INVESTMENTS · NC · 1% owned · share of income $2,937 · share of assets $65,015 · general or managing partner
-
KFBSF REAL ESTATE FUND V LP
EXCLUDED · INVESTMENTS · NC · 1% owned · share of income $2,472 · share of assets $95,797 · general or managing partner
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility SOUNK.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.