The Bunbury Fund of the Princeton Area Community Foundation has awarded more than $3.8 million in grants to more than four dozen local nonprofits, marking the final phase of its $17 million Sunset Awards.
As part of its sunsetting process, the Fund has distributed a total of $17,139,000 across 74 grants to 55 organizations, concluding its 75-year philanthropic legacy that began with The Bunbury Company. The Fund transitioned to a donor-advised fund at the Community Foundation in 2015, and its sunset grants mark the culmination of a decade of impactful giving.
“The Bunbury Fund Advisors hope these sunset grants will amplify what has always been at the heart of our grantmaking—enhancing effectiveness and fostering innovation for the greater good,” said Jamie Kyte Sapoch, Lead Advisor to the Fund.
Over the past decade, the Bunbury Fund has awarded more than $24 million to nearly 100 regional nonprofits. The final round of grants includes unrestricted support for organizations and competitive capacity-building funding aimed at strengthening nonprofits’ operations and strategic growth.
Final Phase of Grants
The 2024 competitive capacity-building grants totaled $1,117,350, with an additional 15 percent supplement to help grantees offset administrative costs. Recipients include organizations focused on mental health services, strategic planning, diversity and inclusion, nonprofit infrastructure, and community outreach.
Additionally, as part of its sunsetting, the Bunbury Fund awarded $12.75 million in transformational grants to 11 nonprofits, including HomeFront, The Rescue Mission of Trenton, Trenton Area Soup Kitchen, and the Boys & Girls Clubs of Mercer County.
“We saw an opportunity to significantly invest in organizations making meaningful impacts,” said Sapoch. “Rather than being perpetual grantmakers, we chose to leverage our resources to strengthen our nonprofit partners in a lasting way.”
With this final round of grants, the Bunbury Fund leaves a legacy of community investment that will continue to shape nonprofit growth and effectiveness for years to come.
