The Bob & Carol Gunn Foundation

Private foundation · Grantmaker Wichita Falls, TX EIN: 75-2836910

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.

Key facts about The Bob & Carol Gunn Foundation

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.

EIN
75-2836910
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$8,000
Grants made (2024)
1
Average grant
$8,000
Median grant
$8,000
Total assets
$143,100
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$143K

-5.6% YoY

Annual Giving

$8K

-70.7% YoY

Grant Count

1

-88.9% YoY

Avg Grant Size

$8K

+163.7% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Wichita FallsDallasWashingtonNew OrleansRichardsonStanford

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K7 grants2020 17 grants2021 3 grants2022 9 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $8K (2020) to $27K (2023). In 2024 it made 1 grant totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Wichita Falls Boys and Girls Club: $8KWichita Falls Boys and GirlsClub$8K

The largest 2024 recipient was Wichita Falls Boys and Girls Club ($8K).

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 37 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wichita Falls Boys and Girls Club Wichita Falls, TXOperations$8,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$143,100$151,568$179,912
Revenue$132$56—
Expenses$8,600$28,400$11,178
Qualifying Distributions$8,000$27,300$11,070
Net Investment Income$32——
Distributable Amount$7,256$8,163$9,136

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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.

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