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
Under IRS private-foundation payout rules, Millicent and Eugene Bell Foundation reported a distributable amount of $285K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Massachusetts General Hospital ($100,000), American Theatre Wing ($50,000), Wherever We Go Llc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN THEATRE WING NEW YORK, NY | 2023 GALA | $50,000 |
| COLLEGE LIGHT OPERA COMPANY FALMOUTH, MA | SPONSORSHIPS FOR LITTLE SHOP AND GYPSY | $13,000 |
| LDK PRODUCTIONS NEW YORK, NY | MAN AMONG MEN | $46,000 |
| MASSACHUSETTS GENERAL HOSPITAL BOSTON, MA | GERIATRIC OUTPATIENT PSYCHIATRY PROGRAM | $100,000 |
| RED BULL THEATRE NEW YORK, NY | GENERAL FUND | $24,000 |
| WHEREVER WE GO LLC NEW YORK, NY | GENERAL FUND | $50,000 |
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
Frequently Asked Questions
What is Millicent and Eugene Bell Foundation?
Millicent and Eugene Bell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $2.2M in total assets as of 2024.
How large is Millicent and Eugene Bell Foundation?
As of 2024, Millicent and Eugene Bell Foundation holds $2.2M in total assets with $336K in annual revenue. It awarded 6 grants totaling $283K in 2024.
Where does Millicent and Eugene Bell Foundation operate?
Millicent and Eugene Bell Foundation has awarded grants in Connecticut, Massachusetts, New York, Rhode Island.
What size grants does Millicent and Eugene Bell Foundation award?
In 2024, Millicent and Eugene Bell Foundation awarded 6 grants totaling $283K — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Millicent and Eugene Bell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Millicent and Eugene Bell Foundation reported a distributable amount of $285K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Millicent and Eugene Bell Foundation's EIN?
Millicent and Eugene Bell Foundation's EIN (Employer Identification Number) is 26-3990463. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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