David Winton Bell Foundation
- Assets
- $6.4m
- Revenue
- $71.7k
- Investments
- $6.1m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/1957
- Data as of
- 12/2023
- EIN
- 41-6023104
Organization Overview
David Winton Bell Foundation is located in Minneapolis, MN. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David Winton Bell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, David Winton Bell Foundation generated $71.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (26.0%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Winton Bell Foundation has awarded 304 individual grants totaling $3,753,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hartwell Trustee | 0 | $0 | |
Penelope Bell Hatten Trustee | 0 | $0 | |
Charles Hatten Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,166 |
| Dividends & Interest | $112,292 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$63,597 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,885 |
| Total Revenue | $71,746 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18,653 |
| Taxes | $5,038 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,342,112 |
| Total operating and administrative expenses | $2,424,904 |
| Contributions, gifts, grants paid | $368,567 |
| Total expenses and disbursements | $2,793,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $261,859 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,134,246 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,396,105 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, David Winton Bell Foundation has awarded $368,567 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AUDUBON MINNESOTA PURPOSE: ENVIRONMENTAL ISSUES AND RESOURCES | $15,000 |
BELWIN CONSERVANCY PURPOSE: IN MINNESOTA INSPIRE CONNECTION TO NATURAL WORLD | $65,000 |
BLAKE SCHOOL PURPOSE: PROVIDE AN ACADEMIC ENVIRONMENT TO PREPARE STUDENTS FOR COLLEGE, LIFELONG LEARNING AND PURPOSEFUL LIVES AS COMMUNITY AND GLOBAL CITIZENS. | $5,000 |
BOLDER OPTIONS PURPOSE: HEALTHY YOUTH DEVELOPMENT | $5,000 |
COLLEGE POSSIBLE PURPOSE: GIVING COLLEGE CAPABLE LOW INCOME STUDENTS OPPORTUNITY TO ATTEND COLLEGE | $10,000 |
DELTA WATERFOWL FOUNDATION PURPOSE: SECURE THE FUTURE OF WATERFOWL | $19,440 |