Drummond & Ruth Bell Foundation Inc

MELVILLE, NY EIN: 06-1458477

Drummond & Ruth Bell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MELVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $176K in total assets. In 2024, it awarded 1 grants totaling $17K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$176K

-12.7% YoY

Annual Giving

$17K

+49.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$17K

+49.6% YoY

Under IRS private-foundation payout rules, Drummond & Ruth Bell Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Drummond & Ruth Bell Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $395K (98%)

California $8K (2%)

States

California New York

Cities

BrooklynCulver CityGenevaMelvillePurchase

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$176,224	$201,943	$204,220
Revenue	$515	$9,725	$9,956
Expenses	$26,234	$12,002	$14,165
Qualifying Distributions	$21,464	$11,594	$8,094
Net Investment Income	$2,702	$9,459	$8,154
Distributable Amount	$13,531	$12,067	$12,585

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Statement B ($17,344).

Recipient	Purpose	Amount
SEE STATEMENT B MELVILLE, NY	SEE STATEMENT B	$17,344

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RACHEL ROBARDS	PRESEIDENT AND TREASURER	5	—
DRUMMOND BELL IV	VICE PRESIDENT AND SECRETARY	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Drummond & Ruth Bell Foundation Inc?

Drummond & Ruth Bell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MELVILLE, NY. It holds $176K in total assets as of 2024.

How large is Drummond & Ruth Bell Foundation Inc?

As of 2024, Drummond & Ruth Bell Foundation Inc holds $176K in total assets with $515 in annual revenue. It awarded 1 grants totaling $17K in 2024.

Where does Drummond & Ruth Bell Foundation Inc operate?

Drummond & Ruth Bell Foundation Inc has awarded grants in California, New York.

What size grants does Drummond & Ruth Bell Foundation Inc award?

In 2024, Drummond & Ruth Bell Foundation Inc awarded 1 grants totaling $17K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Drummond & Ruth Bell Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Drummond & Ruth Bell Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Drummond & Ruth Bell Foundation Inc's EIN?

Drummond & Ruth Bell Foundation Inc's EIN (Employer Identification Number) is 06-1458477. IRS Form 990 filing data is available on this page for 2020–2024.