Kenan-Flagler Business School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,205,826 | 37,752,681 | −4,546,855 | 28.5 | 0% |
| 2012 | 34,778,801 | 34,159,053 | 619,748 | 30.7 | 0% |
| 2013 | 37,845,730 | 34,097,511 | 3,748,219 | 33.6 | 0% |
| 2014 | 23,804,456 | 30,395,067 | −6,590,611 | 37.7 | 0% |
| 2015 | 33,237,487 | 21,469,093 | 11,768,394 | 61.3 | 0% |
| 2016 | 25,367,143 | 18,499,225 | 6,867,918 | 71.7 | 0% |
| 2017 | 31,385,364 | 29,448,961 | 1,936,403 | 47.6 | 0% |
| 2018 | 35,236,298 | 24,386,861 | 10,849,437 | 65.7 | 0% |
| 2019 | 52,199,636 | 27,380,310 | 24,819,326 | 69.4 | 0% |
| 2020 | 36,856,586 | 21,702,630 | 15,153,956 | 93.7 | 0% |
| 2021 | 49,598,088 | 20,628,213 | 28,969,875 | 138.6 | 0% |
| 2022 | 44,675,511 | 23,678,383 | 20,997,128 | 131.6 | 0% |
| 2023 | 44,573,407 | 35,966,912 | 8,606,495 | 86.8 | 0% |
In its most recent public year (2023), this organization brought in $8,606,495 more than it spent. Its reserves stood at about 86.8 months of spending, up from 28.5 in 2011. Staff pay was 0% of spending. $257,652,991 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Kenan-Flagler Business School Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works