William C and Mazy Bell Free Scholarship

PASADENA, CA EIN: 95-6032103

William C and Mazy Bell Free Scholarship is a private foundation, based in PASADENA, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $583K in total assets. In 2025, it awarded 2 grants totaling $86K. Net investment income was $81K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$583K

-5.9% YoY

Annual Giving

$86K

+11.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$43K

+11.7% YoY

Under IRS private-foundation payout rules, William C and Mazy Bell Free Scholarship reported a distributable amount of $112K for 2025 — the minimum it must pay out in qualifying distributions.

About William C and Mazy Bell Free Scholarship

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $463K (100%)

States

California

Cities

ClaremontLos Angeles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$582,946	$619,271	$673,604
Revenue	$76,648	$52,431	$31,674
Expenses	$112,973	$106,314	$254,157
Qualifying Distributions	$107,556	$94,663	$218,693
Net Investment Income	$81,463	$53,091	$51,982
Distributable Amount	$112,338	$103,748	$107,165

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Occidental College ($43,208), Pomona College ($43,208).

Recipient	Purpose	Amount
OCCIDENTAL COLLEGE LOS ANGELES, CA	SCHOLARSHIP FUND	$43,208
POMONA COLLEGE CLAREMONT, CA	SCHOLARSHIP FUND	$43,208

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
KARLA BERENTSEN	TRUSTEE	1	$17,176

Frequently Asked Questions

How large is William C and Mazy Bell Free Scholarship?

As of 2025, William C and Mazy Bell Free Scholarship holds $583K in total assets with $77K in annual revenue. It awarded 2 grants totaling $86K in 2025.

Where does William C and Mazy Bell Free Scholarship operate?

William C and Mazy Bell Free Scholarship has awarded grants in California.

What size grants does William C and Mazy Bell Free Scholarship award?

In 2025, William C and Mazy Bell Free Scholarship awarded 2 grants totaling $86K — an average of about $43K per grant, based on its IRS Form 990 filings.

How much is William C and Mazy Bell Free Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, William C and Mazy Bell Free Scholarship reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William C and Mazy Bell Free Scholarship's EIN?

William C and Mazy Bell Free Scholarship's EIN (Employer Identification Number) is 95-6032103. IRS Form 990 filing data is available on this page for 2020–2025.