Turner B Bunn Jr and Catherine E Bunn
Turner B Bunn Jr and Catherine E Bunn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILSON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $768K in total assets. In 2024, it awarded 51 grants totaling $131K. Net investment income was $152K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$768K
+2.8% YoY
Annual Giving
$131K
+9.4% YoY
Grant Count
51
-3.8% YoY
Avg Grant Size
$3K
+13.7% YoY
Under IRS private-foundation payout rules, Turner B Bunn Jr and Catherine E Bunn reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Turner B Bunn Jr and Catherine E Bunn
Based on IRS filings
Turner B Bunn Jr and Catherine E Bunn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILSON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $768K in total assets. In 2024, it awarded 51 grants totaling $131K. Net investment income was $152K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $767,800 | $746,562 | $933,399 |
| Revenue | $171,135 | $-48,906 | $122,029 |
| Expenses | $149,897 | $137,931 | $124,532 |
| Qualifying Distributions | $131,200 | $119,900 | $105,300 |
| Net Investment Income | $152,439 | $11,589 | $102,797 |
| Distributable Amount | $52,493 | $56,173 | $60,971 |
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
249 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Timothy's Episcopal Church ($25,000), Childrens Hunger Elimination of Wilson Nc ($6,500), Wilson Youth United (the Spot) ($6,500).
| Recipient | Purpose | Amount |
|---|---|---|
| APPALACHIAN STATE UNIVERSITY FOUNDATION BOONE, NC | EDUCATION | $5,000 |
| ALZHEIMER'S ASSOCIATION RALEIGH, NC | MEDICAL RESEARCH | $2,500 |
| AMERICAN CANCER SOCIETY GREENVILLE, NC | MEDICAL RESEARCH | $2,000 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | MEDICAL RESEARCH | $3,000 |
| AMERICAN INSTITUTE FOR CANCER RESEARCH WASHINGTON, DC | MEDICAL RESEARCH | $1,000 |
| AMERICAN RED CROSS WILSON, NC | COMMUNITY SUPPORT | $1,000 |
| BARTON COLLEGE SCHOLARSHIP FUND WILSON, NC | EDUCATION | $4,000 |
| BOYS & GIRLS CLUB OF COASTAL CAROLINA MOREHEAD CITY, NC | COMMUNITY OUTREACH | $3,000 |
| CARTERET COMMUNITY COLLEGE FOUNDATION MOREHEAD CITY, NC | EDUCATION & RESEARCHEDUCATION & RESEARCH | $5,000 |
| CHILDRENS HUNGER ELIMINATION OF WILSON NC WILSON, NC | COMMUNITY OUTREACH | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TURNER B BUNN III | DIRECTOR | 2 | — |
| FRED M BUNN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Turner B Bunn Jr and Catherine E Bunn?
Turner B Bunn Jr and Catherine E Bunn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILSON, NC. It holds $768K in total assets as of 2024.
How large is Turner B Bunn Jr and Catherine E Bunn?
As of 2024, Turner B Bunn Jr and Catherine E Bunn holds $768K in total assets with $171K in annual revenue. It awarded 51 grants totaling $131K in 2024.
Where does Turner B Bunn Jr and Catherine E Bunn operate?
Turner B Bunn Jr and Catherine E Bunn has awarded grants in District of Columbia, Florida, North Carolina, New York, Tennessee, Texas.
What size grants does Turner B Bunn Jr and Catherine E Bunn award?
In 2024, Turner B Bunn Jr and Catherine E Bunn awarded 51 grants totaling $131K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Turner B Bunn Jr and Catherine E Bunn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Turner B Bunn Jr and Catherine E Bunn reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Turner B Bunn Jr and Catherine E Bunn's EIN?
Turner B Bunn Jr and Catherine E Bunn's EIN (Employer Identification Number) is 56-1692623. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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