Also known as: Charitable Trust
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Gloria Wilkes Bell & Carlos R Bell Charitable Trust is a private trust based in RICHMOND, VA. The foundation received its IRS ruling in 2003. The principal officer is John B Ogrady. It holds total assets of $3.2M. Annual income is reported at $1.1M. 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 2021 to 2024. The foundation primarily funds organizations in Virginia and Illinois. According to available records, Gloria Wilkes Bell & Carlos R Bell Charitable Trust has made 17 grants totaling $1.3M, with a median grant of $80K. The foundation has distributed between $320K and $640K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $640K distributed across 8 grants. Individual grants have ranged from $40K to $80K, with an average award of $78K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Virginia and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$40K
Median Grant
$80K
Average Grant
$72K
Largest Grant
$80K
Based on 5 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.
Gloria Wilkes Bell & Carlos R Bell Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in VA, IL.
Gloria Wilkes Bell & Carlos R Bell Charitable Trust has distributed a total of $1.3M across 17 grants. The median grant size is $80K, with an average of $78K. Individual grants have ranged from $40K to $80K.
Gloria Wilkes Bell & Carlos R Bell Charitable Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is February 1 of each year for the upcoming school year. Due to COVID, deadline extended to March 1.. Applicants must have graduated from high school with a grade-point average of at least 3.0; be residents of the Commonwealth of Virginia or one of the following counties in Michigan: Allegan, Barry, Berrien, Branch, Calhoun, Cass, Eaton, Hillsdale, Ingham, Jackson, Kalamazoo, Lenawee, Livingston, Monroe, Oakland, St. Joseph, Van Buren, Washtenaw and Wayne; or be a graduate of New Trier High School in Winnetka, Illinois; or be a graduate of the Chicago public, parochial or private school system; or be a graduate of the Illinois Mathematics and Science Academy in Aurora, Illinois; be a full-time student pursuing an undergraduate degree program in engineering, mathematics, physics, computer science or another related scientific field in the College of Engineering or the College of Literature, Sciences and the Arts at the University of Michigan, Ann Arbor. An application form is available on the foundation's website.
Gloria Wilkes Bell & Carlos R Bell Charitable Trust is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benjamin S Candland | Trustee | $0 | $0 | N/A |
Total Giving
$492K
Total Assets
$3.5M
Fair Market Value
$4M
Net Worth
$3.5M
Grants Paid
$320K
Contributions
N/A
Net Investment Income
$169K
Distribution Amount
$190K
Total: $2.9M
Total Grants
17
Total Giving
$1.3M
Average Grant
$78K
Median Grant
$80K
Unique Recipients
13
Most Common Grant
$80K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Michigan Fbo CallissaScholarship | Virginia Beach, VA | $80K | 2024 |
| University Of Michigan Fbo CharlottScholarship | Richmond, VA | $80K | 2024 |
| University Of Michigan Fbo Nathan RScholarship | Fairfax, VA | $80K | 2024 |
| University Of Michigan Fbo Andrew CScholarship | Suffolk, VA | $80K | 2024 |
| University Of Michigan Fbo Ian HairScholarship | Springfield, VA | $80K | 2023 |
| University Of Michigan Fbo SpencerScholarship | Haymarket, VA | $80K | 2023 |
| University Of Michigan Fbo JulianaScholarship | Chicago, IL | $80K | 2023 |
| University Of Michigan Fbo VictoriaScholarship | Chicago, IL | $80K | 2023 |
| University Of Michigan Fbo Lewis LScholarship | Gloucester, VA | $80K | 2022 |
| University Of Michigan Fbo Jaccob MScholarship | Roanoke, VA | $80K | 2022 |
| University Of Michigan Fbo Dalia FlScholarship | Chicago, IL | $80K | 2022 |
| University Of Michigan Fbo Joseph RScholarship | Leesburg, VA | $80K | 2022 |
| University Of Michigan Fbo Hunter JScholarship | Midlothian, VA | $40K | 2022 |