Jesse David & Katie Bundy Scholarship
Jesse David & Katie Bundy Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGH POINT, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $958K in total assets. In 2024, it awarded 9 grants totaling $45K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$958K
-2.7% YoY
Annual Giving
$45K
-6.3% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$5K
-6.2% YoY
Under IRS private-foundation payout rules, Jesse David & Katie Bundy Scholarship reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About Jesse David & Katie Bundy Scholarship
Based on IRS filings
Jesse David & Katie Bundy Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGH POINT, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $958K in total assets. In 2024, it awarded 9 grants totaling $45K. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $957,682 | $984,541 | $1,006,220 |
| Revenue | $34,854 | $33,192 | $187,677 |
| Expenses | $61,713 | $69,251 | $61,533 |
| Qualifying Distributions | $45,000 | $54,293 | $48,546 |
| Net Investment Income | $16,336 | $22,407 | $174,442 |
| Distributable Amount | $54,325 | $50,768 | $54,887 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Caldwell Community College ($5,000), University of North Carolina ($5,000), Western Carolina University ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CALDWELL COMMUNITY COLLEGE HUDSON, NC | EDUCATIONAL EXPENSE | $5,000 |
| UNIVERSITY OF NORTH CAROLINA CHAPEL HILL, NC | EDUCATIONAL SCHOLARSHIP | $5,000 |
| WESTERN CAROLINA UNIVERSITY CULLOWHEE, NC | EDUCATIONAL SCHOLARSHIPS | $5,000 |
| WIKES COMMUNITY COLLEGE WILKESBORO, NC | EDUCATIONAL SCHOLARSHIPS | $5,000 |
| EMORY AND HENRY COLLEGE EMORY, VA | EDUCATIONAL EXPENSE | $5,000 |
| LESS-MCRAE COLLEGE BANNER ELK, NC | EDUCATIONAL EXPENSE | $5,000 |
| FORSYTH TECHNICAL COMMUNITY COLLEGE WINSTONSALEM, NC | EDUCATIONAL SCHOLARSHIP | $5,000 |
| EAST TENNESSE STATE UNIVERSITY JOHNSON CITY, TN | EDUCATIONAL SCHOLARSHIP | $5,000 |
| WIKES COMMUNITY COLLEGE WILKESBORO, NC | EDUCATIONAL SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PINNACLE BANK | TRUSTEE | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jesse David & Katie Bundy Scholarship?
Jesse David & Katie Bundy Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGH POINT, NC. It holds $958K in total assets as of 2024.
How large is Jesse David & Katie Bundy Scholarship?
As of 2024, Jesse David & Katie Bundy Scholarship holds $958K in total assets with $35K in annual revenue. It awarded 9 grants totaling $45K in 2024.
Where does Jesse David & Katie Bundy Scholarship operate?
Jesse David & Katie Bundy Scholarship has awarded grants in North Carolina, South Carolina, Tennessee, Virginia.
What size grants does Jesse David & Katie Bundy Scholarship award?
In 2024, Jesse David & Katie Bundy Scholarship awarded 9 grants totaling $45K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Jesse David & Katie Bundy Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jesse David & Katie Bundy Scholarship reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jesse David & Katie Bundy Scholarship's EIN?
Jesse David & Katie Bundy Scholarship's EIN (Employer Identification Number) is 56-6501861. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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