Evelyn E & Richard J Gunst Foundation

Private foundation · Grantmaker Richmond, VA EIN: 54-1988873

Evelyn E & Richard J Gunst Foundation is a private foundation, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $944K in total assets. In 2025, it awarded 7 grants totaling $52K. Net investment income was $99K.

Evelyn E & Richard J Gunst Foundation at a glance

In short: Evelyn E & Richard J Gunst Foundation gave $52K across 7 grants in 2025 (avg $7K), top state New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$52,000
+2.0% vs 2024
Grants made (2025)
7
+16.7% vs 2024
Average grant
$7,429
-12.6% vs 2024
Median grant
$8,000
Total assets
$944,382
+3.5% vs 2024
Primary geography
New York (19% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Evelyn E & Richard J Gunst Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Arcathens: $10KArcathens$10KJAH Works Inc: $9KJAH Works Inc$9KMesa Prieta Petroglyph Project: $8KMesa Prieta Petroglyph Project$8KThe Tesfa Foundation: $8KThe Tesfa Foundation$8KBear-Paw Regional Greenways: $6KBear-Paw Regional Greenways$6KMatlacha Hookers: $6KMatlacha Hookers$6KJacob's Ladder Inc: $5KJacob's Ladder Inc$5K

The largest 2025 recipient was Arcathens ($10K). Together the top 7 received $52K.

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 34 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

New YorkMinneapolisPortsmouthUrbanaAlexandriaRichmondWinston-SalemGreensboroNorthwoodWashingtonBostonHampdensydneyMatlachaVelarde

How Evelyn E & Richard J Gunst Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+13%). Method
  • In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K9 grants2020 8 grants2021 7 grants2022 6 grants2023 6 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $46K (2022) to $54K (2021). In 2025 it made 7 grants totaling $52K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Arcathens New York, NYGeneral Funding$10,000
JAH Works Inc Winston-Salem, NCGeneral Funding$9,000
Mesa Prieta Petroglyph Project Velarde, NMGeneral Funding$8,000
The Tesfa Foundation Minneapolis, MNGeneral Funding$8,000
Bear-Paw Regional Greenways Northwood, NHGeneral Funding$6,000
Matlacha Hookers Matlacha, FLGeneral Funding$6,000
Jacob's Ladder Inc Urbana, VAGeneral Funding$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$944,382$101,342$69,500$52,0007$52,000$98,601$51,856
2024$912,540$93,874$61,341$51,0006$51,000$89,587$50,246
2023$880,007$54,264$74,479$52,0006$52,000$50,044$48,281
2022$900,222$90,025$61,134$46,0007$46,000$85,863$49,952
2021$871,331$106,194$64,898$54,0008$54,000$99,477$52,743
2020$830,035$12,936$61,520$52,0009—$22,531$46,077

Under IRS private-foundation payout rules, Evelyn E & Richard J Gunst Foundation reported a distributable amount of $52K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Evelyn E & Richard J Gunst Foundation is led by Laurie Gunst, President & Director on every filing since 2020; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Laurie Gunst

    President & Director

    On filings since 2020

    1 hr/week

    $950 (2020) → $2K (2025)

  • Jerry W. Jenkins

    Secretary, Treasurer & Director

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Mary Gunst

    Vice President & Director

    On filings since 2020

    1 hr/week

    $950 (2020) → $2K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Laurie Gunst — President/Director: $2KLaurie GunstPresident/Director$2KMary Gunst — Vice President/Director: $2KMary GunstVice President/Director$2KJerry W Jenkins — Secretary/Treasurer/Direct: $2KJerry W JenkinsSecretary/Treasurer/Direct$2K

The highest reported compensation on the 2025 filing was $2K, to Laurie Gunst (President/Director). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Evelyn E & Richard J Gunst Foundation

How much does Evelyn E & Richard J Gunst Foundation give each year?

Evelyn E & Richard J Gunst Foundation gave $52K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $51K across 6 grants.

What is Evelyn E & Richard J Gunst Foundation's typical grant size?

Evelyn E & Richard J Gunst Foundation's median grant in 2025 was $8,000, and its average grant was $7,429, across 7 grants on its 2025 IRS Form 990-PF.

Where does Evelyn E & Richard J Gunst Foundation give grants?

Evelyn E & Richard J Gunst Foundation's top state is New York, with 19% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were North Carolina (17%) and New Mexico (15%).

Does Evelyn E & Richard J Gunst Foundation give general operating support?

Yes: 100% of Evelyn E & Richard J Gunst Foundation's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Evelyn E & Richard J Gunst Foundation's largest grantees?

Evelyn E & Richard J Gunst Foundation's largest 2025 grantees include Arcathens ($10,000), JAH Works Inc ($9,000) and Mesa Prieta Petroglyph Project ($8,000), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.

How large is Evelyn E & Richard J Gunst Foundation?

Evelyn E & Richard J Gunst Foundation reported $944K in total assets on its 2025 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).

What is Evelyn E & Richard J Gunst Foundation's EIN?

Evelyn E & Richard J Gunst Foundation's EIN (Employer Identification Number) is 54-1988873. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 18, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 30, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Evelyn E & Richard J Gunst Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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