Parks Bell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $1.3M. Net investment income was $702K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+58.4% YoY
Annual Giving
$1.3M
+61.0% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$110K
+34.2% YoY
Under IRS private-foundation payout rules, Parks Bell Foundation reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.
About Parks Bell Foundation
Based on IRS filings
Parks Bell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $1.3M. Net investment income was $702K.
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 | $4,038,361 | $2,548,707 | $863,056 |
| Revenue | $2,937,131 | $2,402,003 | $785,331 |
| Expenses | $1,345,748 | $841,866 | $677,507 |
| Qualifying Distributions | $1,320,580 | $823,775 | $664,650 |
| Net Investment Income | $701,909 | $590,362 | $93,387 |
| Distributable Amount | $154,933 | $83,582 | $41,751 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Amy Bell Charities Inc ($600,000), Amy Bell Sports Foundation Inc ($341,743), Aqh Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFRICAN CHILDRENS SCHOOLS FOUNDATION BAKERSFIELD, CA | GENERAL SUPPORT | $50,000 |
| AMY BELL CHARITIES INC MIDLAND, TX | GENERAL SUPPORT | $600,000 |
| AMY BELL SPORTS FOUNDATION INC ODESSA, TX | GENERAL SUPPORT | $341,743 |
| AQH FOUNDATION AMARILLO, TX | GENERAL SUPPORT | $100,000 |
| BLOOD ORIGINS INC BAY ST LOUIS, MS | GENERAL SUPPORT | $25,000 |
| BOSS MARES INC FORT WORTH, TX | GENERAL SUPPORT | $27,000 |
| CHILDFUND INTERNATIONAL RICHMOND, VA | GENERAL SUPPORT | $57,500 |
| FIRST ODESSA CHRISTIAN ACADEMY ODESSA, TX | GENERAL SUPPORT | $10,000 |
| NATIONAL COWGIRL MUSEUM FORT WORTH, TX | GENERAL SUPPORT | $5,000 |
| NCHA FOUNDATION FORT WORTH, TX | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY BELL | PRESIDENT | 10 | — |
| ELLEN PARKS BELL | VICE PRESIDENT | 10 | — |
| NICHOLAS SCARAFILE | TREASURER | 5 | — |
| KARA BELL | SECRETARY, DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Parks Bell Foundation?
Parks Bell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. It holds $4.0M in total assets as of 2024.
How large is Parks Bell Foundation?
As of 2024, Parks Bell Foundation holds $4.0M in total assets with $2.9M in annual revenue. It awarded 12 grants totaling $1.3M in 2024.
Where does Parks Bell Foundation operate?
Parks Bell Foundation has awarded grants in Arizona, California, Mississippi, New Mexico, Texas, Virginia.
What size grants does Parks Bell Foundation award?
In 2024, Parks Bell Foundation awarded 12 grants totaling $1.3M — an average of about $110K per grant, based on its IRS Form 990 filings.
How much is Parks Bell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Parks Bell Foundation reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Parks Bell Foundation's EIN?
Parks Bell Foundation's EIN (Employer Identification Number) is 82-1197054. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Parks Bell Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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