Nonprofit · EIN 57-1095197
FRANCES P BUNNELLE FOUNDATION
Tax-exempt · PAWLEYS ISL, SC 29585
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,329,946 | $3,212,077 | -$882,131 | $48,214,684 | $1,010,701 | $47,203,983 |
| December 31, 2024 | 990 | $2,102,911 | $5,204,609 | -$3,101,698 | $46,583,833 | $1,615,702 | $44,968,131 |
| December 31, 2023 | 990 | $1,037,003 | $3,440,118 | -$2,403,115 | $43,887,161 | $271,622 | $43,615,539 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $86,120
- Program service revenue
- $0
- Investment income
- $2,238,826
- Net gain from sales of assets
- $1,149,056
- Other revenue
- $5,000
Expenses
- Grants and similar amounts paid
- $1,317,070
- Compensation of officers, directors and key employees
- $100,219
- Other salaries and wages
- $334,004
- Salaries, compensation and benefits (total)
- $543,549
- Professional fundraising fees
- $0
- Occupancy
- $54,117
- Travel
- $59,882
- Depreciation
- $51,522
- Program services (functional)
- $2,731,356
- Management and general (functional)
- $480,721
Balance sheet and other
- Total assets, start of year
- $46,583,833
- Total assets, end of year
- $48,214,684
- Total liabilities, end of year
- $1,010,701
- Net assets, end of year
- $47,203,983
- Land, buildings and equipment
- $2,295,767
- Publicly traded securities
- $35,707,801
- Net assets without donor restrictions
- $47,203,983
- Gross receipts
- $15,447,205
- Employees
- 0
- Volunteers
- 75
- Year formed
- 2000
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANE LITZ | CFO THRU 10/30/25 Officer | 1 | $0 | $236,527 | $21,172 |
| CHRIS BALLAD | CFO BEGIN 11/1/25 Officer | 1 | $0 | $137,250 | $26,442 |
| ASHLEY NELSON | EXECUTIVE DIRECTOR BEGIN 12/1/25 Officer | 1 | $0 | $98,076 | $20,428 |
| GEALES SANDS | EXECUTIVE DIRECTOR THRU 6/30/25 Officer | 45 | $0 | $100,665 | $5,140 |
| RAY C FUNNYE | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| LEIGH P BOAN | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| C MICHAEL BRANHAM | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| DR BETTY D CLARK | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| SARAH P SMITH | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANE LITZ | CFO Officer | 1 | $0 | $221,952 | $29,694 |
| GEALES SANDS | EXECUTIVE DIRECTOR Officer | 45 | $0 | $204,250 | $11,444 |
| RAY C FUNNYE | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| MICHELLE MAPP | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| CHARLES R SWENSON | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| C MICHAEL BRANHAM | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| DR BETTY D CLARK | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| SARAH P SMITH | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANE LITZ | CFO Officer | 1 | $0 | $195,039 | $28,976 |
| GEALES SANDS | EXECUTIVE DIRECTOR Officer | 45 | $0 | $184,533 | $10,459 |
| RAY C FUNNYE | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| MICHELLE MAPP | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| SARAH P SMITH | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| C MICHAEL BRANHAM | DIRECTOR Trustee or director | 3 | $0 | $0 | $0 |
| CHARLES R SWENSON | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1965, PAWLEYS ISL, SC 29585-1965
- In care of
- % FRANCES P BUNNELLE PO
- Principal officer (990 for 2025)
- ASHLEY NELSON, PO BOX 1965, PAWLEYS ISLAND, SC 29585
- Signed the 990
- ASHLEY NELSON, EXECUTIVE DIRECTOR
- Phone
- (843) 723-5736
- Website
- WWW.BUNNELLE.ORG
- Return prepared by
- ELLIOTT DAVIS ADVISORY LLC
Mission
THE VISION OF THE FRANCES P. BUNNELLE FOUNDATION IS A DIVERSE COMMUNITY WITH ABUNDANT OPPORTUNITY FOR WORK, RECREATION AND SUSTAINABLE LIVING. THE FOUNDATION BUILDS COMMUNITY BY LISTENING TO, LEARNING FROM, AND SERVING LOCAL NONPROFIT ORGANIZATIONS.
Program accomplishments
- THE FRANCES P. BUNNELLE FOUNDATION SERVES THE GEORGETOWN COUNTY REGION THROUGH A ROBUST GRANTMAKING PROGRAM AND LEADS OTHER IMPORTANT COMMUNITY-WIDE INITIATIVES. THE BUNNELLE CENTER: IN 2025, THE FOUNDATION CONTINUED TO MAKE MEETING SPACE AVAILABLE AT NO CHARGE TO NONPROFITS SERVING GEORGETOWN COUNTY. THE BUILDING INCLUDES TWO MEETING ROOMS, ONE WITH STATE-OF-THE-ART TECHNOLOGY THAT CAN ACCOMMODATE 30 PEOPLE, AND ANOTHER SMALL MEETING ROOM THAT CAN ACCOMMODATE 12. PALMETTO GIVING DAY: THE FOUNDATION WAS PROUD TO SUPPORT PALMETTO GIVING DAY IN 2025 WITH MATCHING FUNDS AND ADMINISTRATIVE SUPPORT. OVER $4.2 MILLION WAS RAISED OVER A 36-HOUR PERIOD THROUGH ONLINE GIVING TO SUPPORT 89 ORGANIZATIONS THAT SERVE GEORGETOWN COUNTY. PATHWAYS TO POSSIBILITIES: IN 2025 THE FOUNDATION HOSTED THE 7TH ANNUAL PATHWAYS TO POSSIBILITIES CAREER EXPO WHICH REACHED OVER 6,200 8TH GRADERS FROM 10 COUNTIES. THE EVENT CONNECTS STUDENTS WITH CAREER EDUCATION AND FUTURE OPPORTUNITIES WITH OVER 100 REGIONAL EMPLOYERS IN AN INTERACTIVE WORKFORCE DEVELOPMENT EXPERIENCE.Expenses $1,414,286
- GRANTMAKING: IN 2025 THE FOUNDATION AWARDED OVER $1.3M IN GRANTS TO 112 DIFFERENT ORGANIZATIONS THAT SUPPORT GEORGETOWN COUNTY IN THE AREAS THAT MEET THE BUNNELLE MISSION. THESE GRANTS WERE DISTRIBUTED AS FOLLOWS: 124 GRANTS TOTALING $567,763 SUPPORTING YOUTH DEVELOPMENT PROGRAMS, 83 GRANTS TOTALING $285,715 SUPPORTING HUMAN NEEDS PROGRAMS, 7 GRANTS TOTALING $20,830 SUPPORTING ECONOMIC VITALITY INITIATIVES, 25 GRANTS TOTALING $392,792 SUPPORTING ENVIRONMENTAL PROGRAMS, AND 12 GRANTS TOTALING $49,970 SUPPORTING ROOT CAUSES OF POVERTY EFFORTS.Expenses $1,317,070 · grants $1,317,070 · revenue $5,000
- CRADLE TO CAREER: THE CRADLE TO CAREER (C2C) INITIATIVE HIGHLIGHTS THE BUNNELLE FOUNDATION'S WORK TO ENSURE THAT ALL YOUNG PEOPLE IN GEORGETOWN COUNTY WILL HAVE THE CHARACTER, COMPETENCIES, CREATIVITY AND MOTIVATION REQUIRED FOR TRADITIONAL AND NEW ECONOMY JOBS. THE INITIATIVE WAS CREATED TO ADDRESS THE TREND OF YOUNG PEOPLE LEAVING GEORGETOWN COUNTY AFTER HIGH SCHOOL DUE TO A LACK OF OPPORTUNITIES IN THE AREA, PROMOTING POSITIVE YOUTH DEVELOPMENT AND ECONOMIC VITALITY THROUGH PARTNERSHIPS THAT WILL HELP CREATE OPPORTUNITIES IN GEORGETOWN COUNTY. PROJECTS INCLUDE INTERNSHIPS FOR COLLEGE STUDENTS WITH LOCAL BUSINESSES AND A YOUTH BOARD FOR HIGH SCHOOL STUDENTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 57-1095197
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $48,214,684
- Income (IRS master file)
- $15,447,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,329,946 | $3,212,077 | $48,214,684 | IRS |
| 990 | December 2024 | $2,102,911 | $5,204,609 | $46,583,833 | IRS |
| 990 | December 2023 | $1,037,003 | $3,440,118 | $43,887,161 | XML |
| 990 | December 2022 | $2,049,442 | $3,209,019 | $41,493,327 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-1095197).
Questions about FRANCES P BUNNELLE FOUNDATION
- What is the EIN of FRANCES P BUNNELLE FOUNDATION?
- The employer identification number (EIN) of FRANCES P BUNNELLE FOUNDATION is 57-1095197.
- Is FRANCES P BUNNELLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to FRANCES P BUNNELLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FRANCES P BUNNELLE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRANCES P BUNNELLE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANCES P BUNNELLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FRANCES P BUNNELLE FOUNDATION?
- The 990 for the year ended December 31, 2025 names ASHLEY NELSON.
- Who are the officers and directors of FRANCES P BUNNELLE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FRANCES P BUNNELLE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,329,946, expenses of $3,212,077 and total assets of $48,214,684 at year end.
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- GOOD FRIENDS OF GEORGETOWN EIN 57-1122907 · last filed 990-EZ for 2025
- FALK-GRIFFIN FOUNDATION EIN 52-2255664 · last filed 990-PF for 2025
- EMILYS HOUSE LLC EIN 85-0896202 · last filed 990-PF for 2025
- BYKOTA INC EIN 26-2818614 · last filed 990-N for 2025
- BROOKGREEN GARDENS EIN 57-0380356 · last filed 990 for 2025
All nonprofits in PAWLEYS ISL · South Carolina · Philanthropy, voluntarism and grantmaking foundations