Millicent and Eugene Bell Foundation
Millicent and Eugene Bell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $283K. Net investment income was $288K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-10.6% YoY
Annual Giving
$283K
-10.6% YoY
Grant Count
6
-33.3% YoY
Avg Grant Size
$47K
+34.1% YoY
About Millicent and Eugene Bell Foundation
Based on IRS filings
Millicent and Eugene Bell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $283K. Net investment income was $288K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,189,267 | $2,449,270 | $2,701,987 |
| Revenue | $335,692 | $527,763 | $496,406 |
| Expenses | $595,695 | $923,875 | $1,142,864 |
| Qualifying Distributions | $549,203 | $870,373 | $1,085,598 |
| Net Investment Income | $288,041 | $472,252 | $434,089 |
| Distributable Amount | $284,978 | $284,415 | $310,472 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET J FOFONOFF | TRUSTEE | 20 | — |
| THOMAS P JALKUT | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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