William R Kenan Jr Charitable Trust
- Assets
- $564.5m
- Revenue
- $137.6m
- Investments
- $499.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2012
- Data as of
- 06/2021
- EIN
- 13-6192029
Organization Overview
William R Kenan Jr Charitable Trust is located in Chicago, IL. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William R Kenan Jr Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, William R Kenan Jr Charitable Trust generated $137.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 72.5% each year . All expenses for the organization totaled $38.4m during the year ending 06/2021. While expenses have increased by 9.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 40 | $2,558,905 | |
Douglas C Zinn Exec. Dir. | 0 | $404,670 | |
Dorian O Burton Asst. Exec. Dir. | 0 | $261,235 | |
Thomas S Kenan III Co-Trustee | 12 | $150,000 | |
Catherine Fryszczyn Sr. Eval Officer | 0 | $121,254 | |
Lawrence Lewis Gray Co-Trustee | 12 | $95,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,266,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,339,285 |
| Capital Gain Net Income | $124,339,285 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $179 |
| Total Revenue | $137,606,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,859,312 |
| Other employee salaries and wages | $970,903 |
| Pension plans, employee benefits | $182,092 |
| Interest | $0 |
| Taxes | $2,072,751 |
| Depreciation | $0 |
| Occupancy | $146,325 |
| Travel, conferences, and meetings | $2,267 |
| Printing and publications | $0 |
| Other expenses | $118,485 |
| Total operating and administrative expenses | $6,797,152 |
| Contributions, gifts, grants paid | $31,571,000 |
| Total expenses and disbursements | $38,368,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,666,777 |
| Savings and temporary cash investments | $62,036,370 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $125,461 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $564,490,046 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
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|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |