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KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION

EIN 56-0771850 CHAPEL HILL, NC

Revenue 2024
$56,551,031
Expenses 2024
$50,040,059

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B114
Classification
1000
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).

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.

  • FRANCIE KEENAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1

  • JANA RAEDY

    TREASURER

    Total calculated
    $618,162
    From this org
    $0
    From related orgs
    $548,760
    Other
    $69,402
    Hours/week
    0.1 + 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

  • BETSY BATTLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • CHRISTIAN LUNDBLAD

    DIRECTOR

    Total calculated
    $894,354
    From this org
    $0
    From related orgs
    $823,847
    Other
    $70,507
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $660,372 related
    Bonus
    $0 + $163,475 related
    Other
    $0
    Deferred
    $0 + $48,611 related
    Nontaxable benefits
    $0 + $21,896 related
    Filer's total
    $0 + $894,354 related

  • MARY MARGARET FRANK

    DIRECTOR

    Total calculated
    $661,796
    From this org
    $0
    From related orgs
    $592,341
    Other
    $69,455
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $559,341 related
    Bonus
    $0
    Other
    $0 + $33,000 related
    Deferred
    $0 + $48,529 related
    Nontaxable benefits
    $0 + $20,926 related
    Filer's total
    $0 + $661,796 related

  • DARIUS DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • BRIAN HOGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • BILL HACKNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • NATASHA AUSTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • BRETT KENEFICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • MARY MARGARET CARROLL

    DIRECTOR

    Total calculated
    $276,641
    From this org
    $0
    From related orgs
    $223,502
    Other
    $53,139
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $223,502 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,208 related
    Nontaxable benefits
    $0 + $19,931 related
    Filer's total
    $0 + $276,641 related

  • TOM CAWLEY

    SECRETARY

    Total calculated
    $172,768
    From this org
    $0
    From related orgs
    $128,868
    Other
    $43,900
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $128,868 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $32,675 related
    Nontaxable benefits
    $0 + $11,225 related
    Filer's total
    $0 + $172,768 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 — 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
    $56,551,031
    Expenses
    $50,040,059
    Contributions
    $29,511,861
    Grants paid
    $50,040,059
  • 2023
    Revenue
    $48,037,588
    Expenses
    $36,915,574
    Contributions
    $22,818,652
    Grants paid
    $36,913,363
  • 2022
    Revenue
    $44,573,407
    Expenses
    $35,966,912
    Contributions
    $23,630,348
    Grants paid
    $35,963,573

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.

Grants made

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

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

Declared as related by

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 10 September 2026, under deductibility PC.

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.