Nickolas Bunn Boddie Sr and Lucy Mayo
The Nickolas Bunn Boddie SR and Lucy Mayo Boddie Foundation is a private foundation based in Rocky Mount, North Carolina. Established in 1991, the foundation operates as a 501(c)(3) organization with a focus on charitable grantmaking to nonprofits across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.4M
+1.7% YoY
Annual Giving
$450K
+4.2% YoY
Grant Count
55
+7.8% YoY
Avg Grant Size
$8K
-3.4% YoY
Under IRS private-foundation payout rules, Nickolas Bunn Boddie Sr and Lucy Mayo reported a distributable amount of $456K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation supports charitable organizations primarily serving communities in North Carolina, Virginia, and Tennessee.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds charitable organizations in North Carolina, Virginia, and Tennessee, with particular emphasis on the Rocky Mount area and surrounding regions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $8,427,260
- Total revenues: $664,659
- Total expenses: $523,960
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,427,260 | $8,286,561 | $8,433,583 |
| Revenue | $664,659 | $353,153 | $317,643 |
| Expenses | $523,960 | $500,175 | $539,371 |
| Qualifying Distributions | $451,500 | $433,500 | $470,400 |
| Net Investment Income | $597,953 | $290,478 | $255,172 |
| Distributable Amount | $455,543 | $430,088 | $442,193 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boys & Girls Club of the Tar River Region ($65,000), The Jesse Helms Center ($25,000), Unc Health Foundation - Behavioral Health ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAPE VILLAGE FOUNDATION ROCKY MOUNT, NC | CHARITABLE | $5,000 |
| AMERICAN RED CROSS TURNAGE CHAPTER ROCKY MOUNT, NC | CHARITABLE | $20,000 |
| BAPTIST CHILDREN'S HOMES OF NC INC THOMASVILLE, NC | CHARITABLE | $10,000 |
| BOYS & GIRLS CLUB OF THE TAR RIVER REGION ROCKY MOUNT, NC | CHARITABLE | $65,000 |
| BOYS & GIRLS HOMES OF NORTH CAROLINA LAKE WACCAMAW, NC | CHARITABLE | $5,000 |
| CASTALIA VOLUNTEER FIRE DEPARTMENT CASTALIA, NC | CHARITABLE | $3,000 |
| CHILDREN'S HOPE ALLIANCE BARIUM SPRINGS, NC | CHARITABLE | $2,000 |
| CHRISTIAN ADOPTION SERVICES INDIAN TRAIL, NC | CHARITABLE | $5,000 |
| CHRISTIAN FELLOWSHIP CHURCH ROCKY MOUNT, NC | CHARITABLE | $5,000 |
| CHRISTIAN FELLOWSHIP HOMES ROCKY MOUNT, NC | CHARITABLE | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
William L Boddie serves as President of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM L BODDIE | PRESIDENT | 1 | — |
| MICHAEL W BODDIE | SECRETARY | 1 | — |
| B MAYO BODDIE JR | TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation maintains active grantmaking operations with 60 grants distributed in 2024. The foundation's most recent tax filings were completed in December 2024.
Bunnelle Foundation Announces $150,000 in Grants Awarded - South CarolinaFrequently Asked Questions
What does Nickolas Bunn Boddie Sr and Lucy Mayo fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation supports charitable organizations primarily serving communities in North Carolina, Virginia, and Tennessee.
How do I apply for a grant from Nickolas Bunn Boddie Sr and Lucy Mayo?
**Grant Activity:** • Total annual giving: $450,000 • Typical award range: $1,000–$75,000 • Recent grant activity: The foundation made 60 grants in 2024 **Recent Grants (2024):** • Boys and Girls Clubs of the Tar River Region: $65,000 • Samaritan's Purse: $12,500 • Peacemakers of Rocky Mount: $10,000 • My Sisters House: $5,000 • Christian Fellowship Home of Nash and Edgecombe Counties: $5,000 • Agape Village Foundation: $5,000 • Faith Christian Ministries of Nash County: $5,000 • Castalia Volun…
Where does Nickolas Bunn Boddie Sr and Lucy Mayo make grants?
The foundation primarily funds charitable organizations in North Carolina, Virginia, and Tennessee, with particular emphasis on the Rocky Mount area and surrounding regions.
What size grants does Nickolas Bunn Boddie Sr and Lucy Mayo award?
In 2024, Nickolas Bunn Boddie Sr and Lucy Mayo awarded 55 grants totaling $450K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Nickolas Bunn Boddie Sr and Lucy Mayo required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nickolas Bunn Boddie Sr and Lucy Mayo reported a distributable amount of $456K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nickolas Bunn Boddie Sr and Lucy Mayo's EIN?
Nickolas Bunn Boddie Sr and Lucy Mayo's EIN (Employer Identification Number) is 56-1678893. 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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