The Thomas S Kenan Iii Foundation

CHAPEL HILL, NC EIN: 56-1816652

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$2.2M

-6.8% YoY

Annual Giving

$251K

+15.1% YoY

Grant Count

43

+53.6% YoY

Avg Grant Size

$6K

-25.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$83K$166K$249K$332K20212022202320242025
Metric202520242023
Total Assets$2,155,314$2,312,718$2,476,615
Revenue$144,835$106,125$199,341
Expenses$301,370$266,985$269,041
Qualifying Distributions$277,263$226,950$230,930
Net Investment Income$120,714$95,905$161,622
Distributable Amount$275,271$248,289$228,043

Giving Over Time

Total grant dollars and number of grants per year

$0$63K$125K$188K$251K26 grants202144 grants202231 grants202328 grants202443 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

DUPLIN COUNTY EDUCATION …$30KKENAN CENTER LOCKPORT$15KDUPLIN COUNTY BOARD OF E…$12KST STEPHENS EPISCOPAL CH…$12KDUKE UNIVERSITYALUMNI AN…$10KFRANK H KENAN CHAPEL LAN…$10KDUKE UNIVERSITY$10KNC ARTS IN ACTION$10KNORTH CAROLINA STATE UNI…$10KST STEPHENS EPISCOPAL CH…$10K

Grant Size Distribution

172 grants across all recorded years

172<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Thomas S Kenan Iii Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
THOMAS S KENAN IIIDIRECTOR/PRESIDENT
STEVEN R ARMSTRONGDIRECTOR/SEC/TREASURER
PHYLLIS P SNOWASSISTANT SECRETARY
CHRISTOPHER A SHUPINGDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

13states
+5 more states

Cities

AlexandriaAsheboroAustinBaltimoreBronxCarrboroChapel HillCharlottesvilleCoconut GroveDavisDurhamGreensboroGreenvilleHillsboroughJacksonKalaheoKenansvilleLandoverLockportLouisville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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