Kanuga Endowment Inc

Hendersonville, NC
This organization has not appeared on the IRS Business Master File in a number of months. It may have merged with another organization or ceased operations.
This organization is not registered with the IRS.

Mission

TO PROVIDE FINANCIAL STABILITY AND SECURITY OF KANUGA CONFERENCES, INC., THE PRESERVATION AND IMPROVEMENT OF ITS PROPERTY, THE DEVELOPMENT OF ITS PROGRAMS, AND TO INSURE ADEQUATE SCHOLARSHIP RESOURCES FOR ITS PARTICIPANTS.

Ruling year info

1992

Principal Officer

MICHAEL SULLIVAN

Main address

130 Kanuga Chapel Dr

Hendersonville, NC 28739 United States

EIN

58-1976605

NTEE code info

Other Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C. (T99)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: IRS Form 990

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Program 1

SOLICITING, MANAGING, AND INVESTING CONTRIBUTIONS TO KANUGA TO PROVIDE FOR THE FINANCIAL STABILITY AND SECURITY OF KANUGA CONFERENCES, INC. HELPED FUND PROGRAMS FOR KANUGA CONFERENCES IN 2020 IN THE AMOUNT OF $372,000. CONTRIBUTED FUNDS SUPPORTED THE FOLLOWING:OUTREACH EFFORTS, YOUTH PROGRAMS, LIBRARY UPKEEP, GUEST PERIOD CHAPLAINS, MAINTAINANCE OF KANUGA FACILITIES AND GROUNDS, PROGRAM SCHOLARSHIPS AND THE ONGOING DEVELOPMENT OF KANUGACONFERENCES.BOARD RESTRICTED ENDOWMENT CONTRIBUTIONS IN THE AMOUNT OF $4,685,123 WERE RELEASED FROM RESTRICTION FOR DEBT SERVICE FOR PROPERTY IMPROVEMENTS. APPROVED 2020 SUPPORT OF KANUGA CONFERENCES, INC.OPERATIONSPROGRAM:ADULT PROGRAMS 98,370YOUTH PROGRAMS 55,900CAMP KANUGA 12,240CAMP BOB 32,080ACTIVITIES 1,460PROPERTY 130,420DEBT SERVICE FOR PROPERTY IMPROVEMENTS 4,685,123BOARD OF DIRECTORS 8,550SCHOLARSHIPS 15,430ADVANCEMENT 13,550OUTREACH 4,000TOTAL USE OF FUNDS: 5,057,123

Expenses
$5,057,123
Revenue
$0

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Financials

Kanuga Endowment Inc
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Operations

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This organization has no recorded board members.