Jesse David & Katie B Bundy Scholarship Tr
Pinnacle Bank is a private foundation focused on supporting educational initiatives. Its mission centers on providing scholarships and funding for educational expenses, primarily benefiting colleges and universities. The foundation serves a variety of educational institutions, including community colleges and universities, with a strong emphasis on higher education. While it is based in Texas, its funding predominantly supports institutions in North Carolina and surrounding states.
Source: Zeffy Agent · Mar 2026
Ideal Applicant
A college, community college, or higher-education scholarship program in North Carolina or the surrounding region seeking modest scholarship support (~$5,000 awards).
Good Fit
- • A registered college, university, or community college with an established scholarship program.
- • Located in North Carolina or the nearby states that received past grants.
- • Seeking grant amounts in the $5,000 range.
- • Existing relationship, nomination, or prior contact with foundation trustees or administrators.
- • Program alignment with scholarship/educational-expense support rather than broad operational funding.
Geography
Observed grants in the latest year went to organizations in three states but were heavily concentrated in North Carolina, which received about 78% of the dollars.
Recipient Variety
The latest filing shows 8 distinct recipients (9 grants) largely to colleges and universities and a high share of new recipients in the latest year, indicating institutional variety but a narrow mission focus on education and scholarships.
New Applicants
Direct evidence is mixed: six new recipients appeared in the latest year, which suggests the foundation selects new grantees, but the stated application policy indicates awards are 'only preselected' and no public contact route is provided, so unsolicited access is uncertain.
Source: Zeffy Agent · Mar 2026
