The Turner and Louise Lundy Fndtn
The Turner and Louise Lundy Fndtn is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $996K in total assets. In 2024, it awarded 7 grants totaling $50K. Net investment income was $54K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$996K
-0.4% YoY
Annual Giving
$50K
-4.8% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$7K
-4.8% YoY
Under IRS private-foundation payout rules, The Turner and Louise Lundy Fndtn reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About The Turner and Louise Lundy Fndtn
Based on IRS filings
The Turner and Louise Lundy Fndtn is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $996K in total assets. In 2024, it awarded 7 grants totaling $50K. Net investment income was $54K.
Ready to take the next step with The Turner and Louise Lundy Fndtn?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $995,557 | $999,596 | $998,073 |
| Revenue | $52,329 | $82,045 | $19,831 |
| Expenses | $67,520 | $68,707 | $79,631 |
| Qualifying Distributions | $50,100 | $52,600 | $60,000 |
| Net Investment Income | $53,948 | $80,640 | $36,961 |
| Distributable Amount | $48,381 | $50,010 | $48,018 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brunswick Education Foundation ($17,535), Greensville County Education Founda ($17,535), Lawrenceville Umc ($6,012).
| Recipient | Purpose | Amount |
|---|---|---|
| BRUNSWICK EDUCATION FOUNDATION LAWRENCEVILLE, VA | SCHOLARSHIPS | $17,535 |
| GREENSVILLE COUNTY EDUCATION FOUNDA EMPORIA, VA | SCHOLARSHIPS | $17,535 |
| EDGERTON UMC LAWRENCEVILLE, VA | GENERAL USE | $2,004 |
| INDEPENDENCE UMC LAWRENCEVILLE, VA | GENERAL USE | $3,006 |
| LAWRENCEVILLE UMC LAWRENCEVILLE, VA | GENERAL USE | $6,012 |
| ROUND HILL CEMETERY ASSOCIATION EMPORIA, VA | GENERAL USE | $2,004 |
| WAVERLY UMC WAVERLY, VA | GENERAL USE | $2,004 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL A LUNDY II | PRESIDENT/TR | — | — |
| KATHA ANN S MILLER | SECRETARY | — | — |
Frequently Asked Questions
How large is The Turner and Louise Lundy Fndtn?
As of 2024, The Turner and Louise Lundy Fndtn holds $996K in total assets with $52K in annual revenue. It awarded 7 grants totaling $50K in 2024.
Where does The Turner and Louise Lundy Fndtn operate?
The Turner and Louise Lundy Fndtn has awarded grants in Virginia.
What size grants does The Turner and Louise Lundy Fndtn award?
In 2024, The Turner and Louise Lundy Fndtn awarded 7 grants totaling $50K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Turner and Louise Lundy Fndtn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Turner and Louise Lundy Fndtn reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Turner and Louise Lundy Fndtn's EIN?
The Turner and Louise Lundy Fndtn's EIN (Employer Identification Number) is 54-1526783. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Turner and Louise Lundy Fndtn's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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