Bensen named president of Kenan Funds

By Todd Cohen

CHAPEL HILL, N.C. — Mark Bensen, the former executive vice president of Durham-based think-tank MDC Inc. who served for less than two months last year as president and CEO of Triangle Community Foundation in Durham before his abrupt departure, has been named president of The William R. Kenan Jr. Funds in Chapel Hill.

Bensen previously served as executive director of the Lucy Daniels Foundation in Cary and associate director of the Kenan Institute for Engineering, Technology and Science at N.C. State University in Raleigh.

Supported by The William R. Kenan Jr. Charitable Trust in Chapel Hill, the Kenan Funds support the Kenan Institute at N.C. State, as well as Kenan Institutes at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill, the UNC School of the Arts, and Duke University that focus, respectively on private enterprise, the arts and ethics.

In fiscal 2011, the most recent year for which 990 tax returns filed with the Internal Revenue Service are available at the Foundation Center, assets of the four Kenan Funds totaled over $125 million.