Gloria Wilkes Bell & Carlos R Bell Charitable Tr is located in Richmond, VA. The organization was established in 2003. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Gloria Wilkes Bell & Carlos R Bell Charitable Tr 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 06/2024, Gloria Wilkes Bell & Carlos R Bell Charitable Tr generated $183.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $492.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Gloria Wilkes Bell & Carlos R Bell Charitable Tr has awarded 16 individual grants totaling $1,200,000. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $125,777 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $57,514 |
Capital Gain Net Income | $57,514 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $183,291 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,483 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $9 |
Total operating and administrative expenses | $172,352 |
Contributions, gifts, grants paid | $320,000 |
Total expenses and disbursements | $492,352 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $381,702 |
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 | $128,061 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $3,454,591 |
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 |
Over the last fiscal year, Gloria Wilkes Bell & Carlos R Bell Charitable Tr has awarded $320,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF MICHIGAN FBO CHARLOTT PURPOSE: SCHOLARSHIP | $80,000 |
UNIVERSITY OF MICHIGAN FBO CALLISSA PURPOSE: SCHOLARSHIP | $80,000 |
UNIVERSITY OF MICHIGAN FBO NATHAN R PURPOSE: SCHOLARSHIP | $80,000 |
UNIVERSITY OF MICHIGAN FBO ANDREW C PURPOSE: SCHOLARSHIP | $80,000 |