Bell Koonce Burnette Foundation

RALEIGH, NC EIN: 56-2019191

The Bell Koonce Burnette Foundation is a private foundation that provides philanthropic support to nonprofit organizations. Based on available grant records, the foundation makes donations to charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.1M

+45.3% YoY

Annual Giving

$227K

+51.4% YoY

Grant Count

45

+7.1% YoY

Avg Grant Size

$5K

+41.3% YoY

Under IRS private-foundation payout rules, Bell Koonce Burnette Foundation reported a distributable amount of $342K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation has made documented grants to historic preservation organizations. In 2023, the foundation awarded a $250 donation to The Haywood Hall Committee in Raleigh, North Carolina, designated as a general donation to support the organization's maintenance and preservation of the historic Haywood Hall and its grounds.

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Geographic Focus

Where this funder awards grants

The foundation has demonstrated funding activity in North Carolina, specifically in the Raleigh area.

Grant Distribution by State

22states
+14 more states

Cities

AlbemarleAlbert LeaAlberta LeaAngierAnnapolisAshevilleAtlantaAtlantic BeachBakersvilleBaltimoreBeaufortBelhavenBethelBismarkBlk MtnBooneBostonBurlingtonCamdenCary

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$125K$251K$376K$502K20202021202220232024
Metric202420232022
Total Assets$8,067,667$5,553,875$3,016,442
Revenue$456,144$237,664$173,233
Expenses$233,008$155,906$170,117
Qualifying Distributions$226,500$149,650$162,000
Net Investment Income$34,636$14,210$17,912
Distributable Amount$342,293$224,391$148,745

Giving Over Time

Total grant dollars and number of grants per year

$0$79K$158K$237K$317K148 grants2020119 grants202134 grants202242 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WHITE MEMORIAL PRESBYTER…$63KRAVENSCROFT SCHOOL$50KDIX PARK CONSERVANCY$17KYMCA OF THE TRIANGLE ARE…$16KNC MUSEUM OF HISTORY FOU…$14KSAINT MARY'S SCHOOL$14KUNIVERSITY OF NORTH CARO…$13KOCCONEECHEE COUNCIL BSA$8KCARING HOUSE INC$5KSPCA OF WAKE COUNTY$5K

Grant Size Distribution

221 grants across all recorded years

219<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include White Memorial Presbyterian Church ($63,350), Ravenscroft School ($49,500), Dix Park Conservancy ($17,000).

RecipientPurposeAmount
ALLIANCE MEDICAL MINISTRY RALEIGH, NCGENERAL SUPPORT$500
B ROBERT WILLIAMSON JR FOUNDATION NEW YORK, NYGENERAL SUPPORT$250
BOYS & GIRLS CLUBS RALEIGH, NCGREAT FUTURES CAMPAIGN & GENERAL SUPPORT$2,750
CARING HOUSE INC DURHAM, NCGENERAL SUPPORT$5,000
CARTERET HEALTH CARE FOUNDATION MOREHEAD CITY, NCGENERAL SUPPORT$250
CHRIST CHURCH RALEIGH, NCGENERAL SUPPORT$250
COLLEGE FOUNDATION INC RALEIGH, NCGENERAL SUPPORT$500
DIX PARK CONSERVANCY RALEIGH, NCCAPITAL CAMPAIGN$17,000
ELIZABETH VAN MOORE FOUNDATION EDENTON, NCGENERAL SUPPORT$1,000
FRIENDS OF SULGRAVE MANOR RICHMOND, VAGENERAL SUPPORT$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
VICTOR E BELL IIICHAIR, VICE-PRESIDENT, SECRETARY
MARY GRADY KOONCE BELLVICE CHAIR, PRESIDENT, TREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from Bell Koonce Burnette Foundation?

The foundation has made documented grants to historic preservation organizations. In 2023, the foundation awarded a $250 donation to The Haywood Hall Committee in Raleigh, North Carolina, designated as a general donation to support the organization's maintenance and preservation of the historic Haywood Hall and its grounds.

Where does Bell Koonce Burnette Foundation make grants?

The foundation has demonstrated funding activity in North Carolina, specifically in the Raleigh area.

What size grants does Bell Koonce Burnette Foundation award?

In 2024, Bell Koonce Burnette Foundation awarded 45 grants totaling $227K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Bell Koonce Burnette Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bell Koonce Burnette Foundation reported a distributable amount of $342K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bell Koonce Burnette Foundation's EIN?

Bell Koonce Burnette Foundation's EIN (Employer Identification Number) is 56-2019191. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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