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.
Key facts about Turner B Bunn Jr and Catherine E Bunn
- EIN
- 56-1692623
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $131,200
- Grants made (2024)
- 51
- Average grant
- $2,573
- Median grant
- $2,000
- New grantees (estimate)
- 16% first-time grantees (8 of 51, 2024)
- Total assets
- $767,800
- Primary geography
- North Carolina (93% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Turner B Bunn Jr and Catherine E Bunn funds
By grant dollars, the top recipient states for Turner B Bunn Jr and Catherine E Bunn's 51 itemized 2024 grants were North Carolina (93%). The most frequent recipient cities were Wilson, NC (30 grants), Morehead City, NC (5 grants), Raleigh, NC (2 grants) and Chapel Hill, NC (2 grants). None of its 51 grants with a stated purpose were described as general or operating support. Recurring purposes include "Community Outreach" (17 grants), "Education" (11 grants) and "Medical Research" (5 grants).
Is Turner B Bunn Jr and Catherine E Bunn open to new grantees?
16%
first-time grantees, 2024
In 2024, 8 of 51 grantees (16%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count
Medians: $1K first-time, $2K repeat.
- 84% of 2024 grantees were also funded in 2023. Method
- Giving grew 43% from 2021 to 2024. Method
- In 2024 it paid out 250% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Turner B Bunn Jr and Catherine E Bunn
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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
Ready to take the next step with Turner B Bunn Jr and Catherine E Bunn?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 51 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
257 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients 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 |
|---|---|---|
| ST TIMOTHY'S EPISCOPAL CHURCH Wilson, NC | RELIGIOUS | $25,000 |
| CHILDRENS HUNGER ELIMINATION OF WILSON NC Wilson, NC | COMMUNITY OUTREACH | $6,500 |
| WILSON YOUTH UNITED (THE SPOT) Wilson, NC | COMMUNITY OUTREACH | $6,500 |
| MEALS ON WHEELS WILSON Wilson, NC | EDUCATION | $5,300 |
| APPALACHIAN STATE UNIVERSITY FOUNDATION Boone, NC | EDUCATION | $5,000 |
| CARTERET COMMUNITY COLLEGE FOUNDATION Morehead City, NC | EDUCATION & RESEARCHEDUCATION & RESEARCH | $5,000 |
| COMMUNITY SOUP KITCHEN OF WILSON COUNTY INC Wilson, NC | COMMUNITY OUTREACH | $5,000 |
| WILSON COMMUNITY COLLEGE FOUNDATION Wilson, NC | EDUCATION | $5,000 |
| BARTON COLLEGE SCHOLARSHIP FUND Wilson, NC | EDUCATION | $4,000 |
| HOPE STATION RENOVATION Wilson, NC | HISTORICAL PRESERVATION | $3,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.