Jesse David & Katie Bundy Scholarship
The Jesse David & Katie Bundy Scholarship is a private foundation based in High Point, an individual recipient Its 2025 filing reports grants for educational expenses and scholarships to individual recipients.
Jesse David & Katie Bundy Scholarship at a glance
In short: Jesse David & Katie Bundy Scholarship gave $54K across 10 grants in 2025 (avg $5K), mostly in North Carolina. 100% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $53,600
- +19.1% vs 2024
- Grants made (2025)
- 10
- +11.1% vs 2024
- Average grant
- $5,360
- +7.2% vs 2024
- Median grant
- $5,400
- Total assets
- $976,021
- +1.9% vs 2024
- New grantees (estimate)
- 100% first-time grantees (10 of 10, 2025; small sample)
- Primary geography
- North Carolina (81% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Jesse David & Katie Bundy Scholarship
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated on its 2023 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 2778, High Point, NC 27261
Phone: (336) 881-3600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Jesse David & Katie Bundy Scholarship funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Rylee Howell ($5K). Together the top 10 received $54K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 38 grants of 38 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that 81% of grant dollars went to recipients in an individual recipient, 10% to Tennessee, and 9% to Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
Is Jesse David & Katie Bundy Scholarship open to new grantees?
100%
first-time grantees, 2025
In 2025, 10 of 10 grantees (100%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $5K. How we count
- 0% of 2025 grantees were also funded in 2024. Method
- Giving grew 29% from 2022 to 2025. Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $26K (2021) to $54K (2025). In 2025 it made 10 grants totaling $54K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rylee Howell Millers Creek, NC | Educational Expense | $5,400 |
| Abigail C Hatley North Wikesboro, TN | Educational Scholarship | $5,400 |
| Andrew Scarbro Ferguson, NC | Educational Expense | $5,400 |
| Avery Kate Robinson Moravian Falls, NC | Educational Scholarship | $5,400 |
| Katie Owens Hays, NC | Educational Expense | $5,400 |
| Madison Osborne North Wikesboro, NC | Educational Scholarship | $5,400 |
| Hollyn McGlamery Millers Creek, NC | Educational Scholarships | $5,400 |
| Hailry Killian North Wikesboro, NC | Educational Scholarships | $5,400 |
| Taylor G Handy Greenville, NC | Educational Expense | $5,400 |
| Kali Cook Emory, VA | Educational Scholarship | $5,000 |
Ready to take the next step with Jesse David & Katie Bundy Scholarship?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $976,021 | $84,107 | $65,768 | $53,600 | 10 | $53,600 | $72,049 | $58,676 |
| 2024 | $957,682 | $34,854 | $61,713 | $45,000 | 9 | $45,000 | $16,336 | $54,325 |
| 2023 | $984,541 | $33,192 | $69,251 | $48,000 | 9 | $54,293 | $22,407 | $50,768 |
| 2022 | $1,006,220 | $187,677 | $61,533 | $41,451 | 6 | $48,546 | $174,442 | $54,887 |
| 2021 | $1,036,699 | $65,267 | $45,033 | $26,000 | 4 | — | $53,762 | $57,444 |
Under IRS private-foundation payout rules, Jesse David & Katie Bundy Scholarship reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2025 grants list identifies educational expenses and educational scholarships as grant purposes.
Grantmaking
In 2025, the foundation reported 10 grants totaling $53,600. Grants ranged from $5,000 to $5,400, with a median of $5,400. Nine scholarships were $5,400 and one was $5,000.
Leadership & Key People
Leadership team and compensation from IRS filings
Pinnacle Bank is listed as trustee on the 2025 filing.
Jesse David & Katie Bundy Scholarship's only listed officer is Pinnacle Bank, Trustee on every filing since 2024 (uncompensated).
Officers on the 2025 filing
Pinnacle Bank
Trustee
On filings since 2024
10 hrs/week
No compensation reported
Former officers (2)
- Former: Bank Of America (2022–2023) — Trustee
- Former: Bank Of America N A (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Jesse David & Katie Bundy Scholarship
How much does Jesse David & Katie Bundy Scholarship give each year?
Jesse David & Katie Bundy Scholarship gave $54K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 9 grants.
What is Jesse David & Katie Bundy Scholarship's typical grant size?
Jesse David & Katie Bundy Scholarship's median grant in 2025 was $5,400, and its average grant was $5,360, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Jesse David & Katie Bundy Scholarship that year got $5K on average.
Where does Jesse David & Katie Bundy Scholarship give grants?
Jesse David & Katie Bundy Scholarship gives mostly in North Carolina: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (10%) and Virginia (9%). The most frequent recipient cities were Millers Creek, NC (2 grants) and North Wikesboro, NC (2 grants).
Does Jesse David & Katie Bundy Scholarship give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on Jesse David & Katie Bundy Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Expense" (4 grants) and "Educational Scholarship" (4 grants).
Who are Jesse David & Katie Bundy Scholarship's largest grantees?
Jesse David & Katie Bundy Scholarship's largest 2025 grantees include Rylee Howell ($5,400), Abigail C Hatley ($5,400) and Andrew Scarbro ($5,400), according to its 2025 IRS Form 990-PF. Together they received 30% of its itemized 2025 grant dollars.
How large is Jesse David & Katie Bundy Scholarship?
Jesse David & Katie Bundy Scholarship reported $976K in total assets on its 2025 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Jesse David & Katie Bundy Scholarship fund?
No mission statement is provided. The 2025 grants list identifies educational expenses and educational scholarships as grant purposes. See mission & focus areas ↑
How do I apply for a grant from Jesse David & Katie Bundy Scholarship?
The foundation stated on its 2023 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2021–2025.
Does Jesse David & Katie Bundy Scholarship accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 29, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 31, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 13, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Jesse David & Katie Bundy Scholarship funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Jesse David & Katie Bundy Scholarship's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Edward M Armfield Sr Foundation I
Greensboro, NC
The foundation supports scholarships, educational programs, and community initiatives, with stated priorities including capital campaigns and educational programs in Guilford, Randolph, and Surry counties, North Carolina. In 2024, it made 57 grants ranging from $1,000 to $500,000, with a median of $14,000; most funding went to North Carolina. It does not restrict giving to preselected organizations; applicants should contact Melinda W. Oakley for the required application form.
Assets
$46.4M
Grants
57
Total Given
$2.3M
The Albert Jay Martin Family Foundation
Collierville, TN
The foundation provided operating support to charitable organizations in Tennessee and North Carolina, with most 2024 grant dollars going to Tennessee. Its four grants ranged from $5,000 to $25,000, with a median of $15,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$4.4M
Grants
4
Total Given
$60K
Reynolds American Foundation
Winston-Salem, NC
Assets
$56.0M
Grants
280
Total Given
$3.5M
American Heart Association Inc
Dallas, TX
The American Heart Association funds basic, clinical, behavioral, translational and population research on cardiovascular, cerebrovascular and brain health, along with research training and education programs. In 2025 it awarded 833 grants totaling about $198 million; amounts ranged from $5,000 to nearly $9.93 million, with a median of $20,000. Research awards are for eligible U.S.-based nonprofit institutions, and the profile describes a formal proposal process but does not state whether unsolicited requests are accepted.
Assets
$2.0B
Grants
833
Total Given
$198.2M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Jesse David & Katie Bundy Scholarship'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.
Jesse David & Katie Bundy Scholarship down — hundreds of funders to go?