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Also known as: FBO UNIV OF MINNESOTA
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James F Bell Testamentary Trust For The Benefit Of University Of Minn is a private trust based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1964. The principal officer is Delta Trust Co. It holds total assets of $1.6M. Annual income is reported at $269K. Total assets have decreased from $4M in 2011 to $1.6M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, James F Bell Testamentary Trust For The Benefit Of University Of Minn has made 11 grants totaling $1.2M, with a median grant of $20K. Annual giving has grown from $383K in 2021 to $810K in 2022. Individual grants have ranged from $5K to $350K, with an average award of $108K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
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.
James F Bell Testamentary Trust For The Benefit Of University Of Minn is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MN.
James F Bell Testamentary Trust For The Benefit Of University Of Minn has distributed a total of $1.2M across 11 grants. The median grant size is $20K, with an average of $108K. Individual grants have ranged from $5K to $350K.
James F Bell Testamentary Trust For The Benefit Of University Of Minn typically selects its grantees rather than accepting unsolicited proposals.
James F Bell Testamentary Trust For The Benefit Of University Of Minn is headquartered in MINNEAPOLIS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ford W Bell | TRUSTEE | $7K | $0 | $7K |
| Amy Bell | TRUSTEE | $7K | $0 | $7K |
Total Giving
$596K
Total Assets
$1.6M
Fair Market Value
$6.7M
Net Worth
$1.6M
Grants Paid
$517K
Contributions
N/A
Net Investment Income
$52K
Distribution Amount
$292K
Total: $1.5M
Total Grants
11
Total Giving
$1.2M
Average Grant
$108K
Median Grant
$20K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Regents Of The University Of MinnesotaJAMES FORD BELL LIBRARY | Minneapolis, MN | $350K | 2022 |
| The Associates Of The James Ford Bell LibraryUNRESTRICTED GENERAL SUPPORT | Minneapolis, MN | $10K | 2022 |
| University Of Minnesota FoundationJAMES FORD BELL LIBRARY | Minneapolis, MN | $325K | 2021 |