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Parks Bell Foundation is a private corporation based in MIDLAND, TX. The foundation received its IRS ruling in 2017. The principal officer is % Larry J Bell. It holds total assets of $4M. Annual income is reported at $3.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Parks Bell Foundation has made 26 grants totaling $1.1M, with a median grant of $10K. Annual giving has grown from $113K in 2020 to $664K in 2022. Individual grants have ranged from $1K to $605K, with an average award of $40K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Texas, California, Virginia, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Parks Bell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in TX, CA, VA.
Parks Bell Foundation has distributed a total of $1.1M across 26 grants. The median grant size is $10K, with an average of $40K. Individual grants have ranged from $1K to $605K.
Parks Bell Foundation typically selects its grantees rather than accepting unsolicited proposals. THE GRANT SHOULD BE SPENT TOWARDS HUMANITARIAN, EDUCATIONAL AND HEALTH SERVICES, PARTICULARLY CHILDREN AND FAMILIES IN NEED.
Parks Bell Foundation is headquartered in MIDLAND, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Larry Bell | PRESIDENT | $0 | $0 | $0 |
| Ellen Parks Bell | VICE PRESIDENT | $0 | $0 | $0 |
| Nicholas Scarafile | TREASURER | $0 | $0 | $0 |
| Kara Bell | SECRETARY, DIRECTOR | $0 | $0 | $0 |
Total Giving
$842K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$818K
Contributions
$1.8M
Net Investment Income
$590K
Distribution Amount
$84K
Total: $0
Total Grants
26
Total Giving
$1.1M
Average Grant
$40K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Amy Bell Charities IncGENERAL SUPPORT | Midland, TX | $605K | 2022 |
| Ncha FoundationAMY BELL MEMORIAL AWARD FUND | Fort Worth, TX | $10K | 2022 |
| African Childrens Schools FoundationHUMANITARIAN SERVICES AND EDUCATIONAL | Bakersfield, CA | $10K | 2022 |
| Childfund InternationalEDUCATIONAL AND NUTRITION | Richmond, VA | $10K | 2022 |
| First Odessa Christian AcademyFEED THE NEED | Odessa, TX | $8K | 2022 |
| 2018 | 990PF | View |
| Aqh FoundationDOGWOOD CHALLENGE | Amarillo, TX | $5K | 2022 |
| Horsemen For ChristCRISIS FUND | Wichita Falls, TX | $5K | 2022 |
| Eastern New Mexico University FoundationAREA OF GREATEST NEED | Portales, NM | $5K | 2022 |
| Trinity School Of Midland TexasAMY BELL PAY IT FORWARD | Midland, TX | $5K | 2022 |
| Sci FoundationHUMANITARIAN AID | Tucson, AZ | $1K | 2022 |
| Community Foundation Of AbileneAMY BELL SCHOLARSHIP FUND AND DARLENE HICKS MEMORIAL SCHOLARSHIP FUND | Abilene, TX | $15K | 2021 |
| Kalene Advancement IncAMY BELL SCHOOL AND HILLWOOD ORPHANAGE | Angwin, CA | $10K | 2021 |
| Nrcha FoundationYOUTH SCHOLARSHIP FUND | Pilot Point, TX | $10K | 2020 |
HOUSTON, TX
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