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The Jesse David Bundy And Katie B Bundy Scholarship Trust is a private trust based in HIGH POINT, NC. The foundation received its IRS ruling in 1997. The principal officer is Pinnacle Bank Succ Ttee. It holds total assets of $976K. Annual income is reported at $311K. Total assets have grown from $123K in 2010 to $958K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, The Jesse David Bundy And Katie B Bundy Scholarship Trust has made 16 grants totaling $109K, with a median grant of $7K. Annual giving has grown from $26K in 2021 to $83K in 2022. Individual grants have ranged from $6K to $8K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$7K
Average Grant
$7K
Largest Grant
$8K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Jesse David Bundy And Katie B Bundy Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NC, SC.
The Jesse David Bundy And Katie B Bundy Scholarship Trust has distributed a total of $109K across 16 grants. The median grant size is $7K, with an average of $7K. Individual grants have ranged from $6K to $8K.
The Jesse David Bundy And Katie B Bundy Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is Applications must received by the Scholarship Committee by April 15th. Students who seek a career in the medical field Committee does not discriminate on the basis of race, religion, or national origin.
The Jesse David Bundy And Katie B Bundy Scholarship Trust is headquartered in HIGH POINT, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pinnacle Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$62K
Total Assets
$958K
Fair Market Value
$1.2M
Net Worth
$958K
Grants Paid
$45K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$54K
Total: N/A
Total Grants
16
Total Giving
$109K
Average Grant
$7K
Median Grant
$7K
Unique Recipients
8
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Unc At Chapel HillEDUCATIONAL SCHOLARSHIPS | Chapel Hill, NC | $8K | 2022 |
| Caldwell Community CollegeEDUCATIONAL SCHOLARSHIPS | Hudson, NC | $8K | 2022 |
| East Carolina UniversityEDUCATIONAL SCHOLARSHIPS | Greenville, NC | $8K | 2022 |
| Western Carolina UniversityEDUCATIONAL SCHOLARSHIPS | Cullowhee, NC | $6K | 2022 |
| Lander UniversityEDUCATIONAL SCHOLARSHIPS | Greenwood, SC | $6K | 2022 |
| Wake Forest Univ School Of MedicineEDUCATIONAL SCHOLARSHIPS | Winstonsalem, NC | $6K | 2022 |
| North Carolina State UniversityEDUCATIONAL SCHOLARSHIP | Raleigh, NC | $8K | 2021 |
| Catawba CollegeEDUCATIONAL SCHOLARSHIP | Salisbury, SC | $8K | 2021 |