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North Carolina · Nonprofit

THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION

THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION (North Carolina) receives grants from 91 organizations whose IRS filings report $57,313,202 to it, the largest being THE WILLIAM R KENAN JR FUND ($18,000,000). 57 of them have funded it in more than one year.

$57M
Revenue FY2025
91
Funders on record
$57M
Grants received
$300M
Net assets
57/91 repeat funderspeak grant-dependency 28%

Against its field

THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION holds deeper cash reserves than three-quarters of the 3,681 education nonprofits its size.

Operating margin12% · above the median
Months of reserve19.6mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($31M) Expenses 100 ($29M) Net assets 100 ($117M)2018 Revenue 112 ($35M) Expenses 83 ($24M) Net assets 114 ($134M)2019 Revenue 166 ($52M) Expenses 93 ($27M) Net assets 135 ($158M)2020 Revenue 117 ($37M) Expenses 74 ($22M) Net assets 145 ($170M)2021 Revenue 158 ($50M) Expenses 70 ($21M) Net assets 204 ($238M)2022 Revenue 142 ($45M) Expenses 80 ($24M) Net assets 222 ($260M)2023 Revenue 142 ($45M) Expenses 122 ($36M) Net assets 222 ($260M)2024 Revenue 153 ($48M) Expenses 125 ($37M) Net assets 241 ($282M)2025 Revenue 180 ($57M) Expenses 170 ($50M) Net assets 256 ($300M)
'17'18'19'20'21'22'23'24'25
Revenue (180)Expenses (170)Net assets (256)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

52% of THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.9M
17
$11M
18
$25M
19
$15M
20
$29M
21
$21M
22
$8.6M
23
$11M
24
$6.5M
25
20
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 41 funders, grant income rose $1.8M → $8.0M.

38 of 91 of your funders are donor-advised or pass-through sponsors (tagged DAF)35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.0M from one payer (the payer shares this organization's board, largest Kfbsf Inc). These are real filings, and they are not money THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION raised.

From the IRS filings of THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION’s funders (the co-funder graph). Top 30 of 91 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION.

31%
largest funder
55%
top three
~7
effective funders

Largest funder’s share by year: 2017 57% · 2018 49% · 2019 32% · 2020 33% · 2021 26% · 2022 34% · 2023 45%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

44% of THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

91% of THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION's grant income comes from North Carolina funders.

MN
IL
MI
NY
MA
OH
PA
NJ
CT
RI
CA
MO
VA
DE
TN
NC
TX
FL

In-state vs out-of-state, by year

17
18
19
20
21
22
23
North Carolina out of state home

Funder states come from each funder’s own filing. $20M arriving through sponsors registered in 17 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 91 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

11
board members
64%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

62%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 3 related entities

  • Executive Education LLC · disregarded
  • Kfbsf Inc · exempt
  • The University of North Carolina at Chapel Hill · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION?
THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION (North Carolina) receives grants from 91 organizations whose IRS filings report $57,313,202 to it, the largest being THE WILLIAM R KENAN JR FUND ($18,000,000). 57 of them have funded it in more than one year.
How many funders does THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION have?
IRS filings report 91 organizations giving $57,313,202 in grants to THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION, 57 of which have funded it in more than one year.
Who is the largest funder of THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION?
THE WILLIAM R KENAN JR FUND is the largest funder on record, with $18,000,000 in grants. The full list of funders is on this page.
How can an organization like THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 91funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing