The Bob & Carol Gunn Foundation
The Bob & Carol Gunn Foundation is a private foundation, based in Wichita Falls, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $143K in total assets. In 2024, it awarded 1 grant totaling $8K. Net investment income was $32.
The Bob & Carol Gunn Foundation at a glance
In short: The Bob & Carol Gunn Foundation gave $8K across 1 grant in 2024 (avg $8K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $8,000
- -70.7% vs 2023
- Grants made (2024)
- 1
- -88.9% vs 2023
- Average grant
- $8,000
- +163.7% vs 2023
- Median grant
- $8,000
- Total assets
- $143,100
- -5.6% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Bob & Carol Gunn Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Wichita Falls Boys and Girls Club ($8K).
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 37 grants of 37 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How The Bob & Carol Gunn Foundation gives
- Giving held roughly steady from 2021 to 2024 (+5%). Method
- In 2024 it paid out 110% 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
From 2020 to 2024, annual grant giving ranged from $8K (2020) to $27K (2023). In 2024 it made 1 grant totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wichita Falls Boys and Girls Club Wichita Falls, TX | Operations | $8,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $143,100 | $132 | $8,600 | $8,000 | 1 | $8,000 | $32 | $7,256 |
| 2023 | $151,568 | $56 | $28,400 | $27,300 | 9 | $27,300 | — | $8,163 |
| 2022 | $179,912 | — | $11,178 | $11,070 | 3 | $11,070 | — | $9,136 |
| 2021 | $191,090 | $4 | $8,123 | $7,623 | 17 | $7,623 | $4 | $9,611 |
| 2020 | $199,209 | — | $7,900 | $7,500 | 7 | — | — | $10,006 |
Under IRS private-foundation payout rules, The Bob & Carol Gunn Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Bob & Carol Gunn Foundation is led by Robert D. Gunn, President, Secretary & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert D. Gunn
President, Secretary & Treasurer
On filings since 2020
No compensation reported
Carol C. Gunn
Director
On filings since 2020
No compensation reported
Donald J. Hupp
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Bob & Carol Gunn Foundation
How much does The Bob & Carol Gunn Foundation give each year?
The Bob & Carol Gunn Foundation gave $8K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 9 grants.
How large is The Bob & Carol Gunn Foundation?
The Bob & Carol Gunn Foundation reported $143K in total assets on its 2024 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
Where does The Bob & Carol Gunn Foundation operate?
The Bob & Carol Gunn Foundation has awarded grants in California, District of Columbia, Louisiana, Texas.
What is The Bob & Carol Gunn Foundation's EIN?
The Bob & Carol Gunn Foundation's EIN (Employer Identification Number) is 75-2836910. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Bob & Carol Gunn Foundation funds
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