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Mary E Bell And Lucy S Bell Indenture Of Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2020. The principal officer is Bank Of America. It holds total assets of $2.3M. Annual income is reported at $492K. The foundation is governed by 2 officers and trustees. 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 2020 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Mary E Bell And Lucy S Bell Indenture Of Trust has made 32 grants totaling $403K, with a median grant of $10K. Annual giving has decreased from $134K in 2020 to $78K in 2023. Individual grants have ranged from $5K to $31K, with an average award of $13K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$14K
Average Grant
$17K
Largest Grant
$30K
Based on 8 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.
Mary E Bell And Lucy S Bell Indenture Of Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MA.
Mary E Bell And Lucy S Bell Indenture Of Trust has distributed a total of $403K across 32 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $5K to $31K.
Mary E Bell And Lucy S Bell Indenture Of Trust typically selects its grantees rather than accepting unsolicited proposals.
Mary E Bell And Lucy S Bell Indenture Of Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $27K | $0 | $27K |
| Arthur Veasey | CO-TTEE | $5K | $0 | $5K |
Total Giving
$114K
Total Assets
$2.2M
Fair Market Value
$2.5M
Net Worth
$2.2M
Grants Paid
$78K
Contributions
N/A
Net Investment Income
$32K
Distribution Amount
$115K
Total Grants
32
Total Giving
$403K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Doolittle Home IncUNRESTRICTED GENERAL | Foxboro, MA | $5K | 2023 |
| Girdler HouseUNRESTRICTED GENERAL | Beverly, MA | $5K | 2023 |
| Church In The CoveUNRESTRICTED GENERAL | Beverly, MA | $19K | 2023 |
| Northeast Hospital CorporationUNRESTRICTED GENERAL | Beverly, MA | $19K | 2023 |
| Ymca Of The North ShoreUNRESTRICTED GENERAL | Beverly, MA | $10K | 2023 |
| Simmons CollegeUNRESTRICTED GENERAL | Boston, MA | $10K | 2023 |
| Peabody Essex Museum - East India SquareUNRESTRICTED GENERAL | Salem, MA | $5K | 2023 |
| Barton Center For Diabetes EducationUNRESTRICTED GENERAL | North Oxford, MA | $5K | 2023 |
| The Barton Center For Diabetes Edn IncUNRESTRICTED GENERAL | North Oxford, MA | $30K | 2020 |
| Northeast Hospital Corp FboUNRESTRICTED GENERAL | Beverly, MA | $29K | 2020 |
| Peabody Essex MuseumUNRESTRICTED GENERAL | Salem, MA | $5K | 2020 |