The Linda And Lenny Bell Family Foundation
- Assets
- $54.0m
- Revenue
- $2.7m
- Investments
- $53.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 27-6963832
Organization Overview
The Linda And Lenny Bell Family Foundation is located in Wilmington, DE. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Linda And Lenny Bell Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Linda And Lenny Bell Family Foundation generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Linda And Lenny Bell Family Foundation has awarded 121 individual grants totaling $8,216,570. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Bell Co-Trustee | 1 | $0 | |
Linda Bell Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,188,933 |
| Interest on Savings | $24,896 |
| Dividends & Interest | $1,233,271 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $253,018 |
| Capital Gain Net Income | $3,166,553 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,449 |
| Total Revenue | $2,706,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $132,675 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54,978 |
| Total operating and administrative expenses | $280,833 |
| Contributions, gifts, grants paid | $1,648,300 |
| Total expenses and disbursements | $1,929,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $351,743 |
| Net Accounts receivable | $2,071 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $473,391 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $250,000 |
| Total assets | $53,956,932 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Linda And Lenny Bell Family Foundation has awarded $1,648,300 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA VOTES EDUCATION FUND PURPOSE: GENERAL & UNRESTRICTED | $600,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: TO PURCHASE A LIFE SUPPORT AMBULANCE AND FOR THE BALANCE FOR SUPPLIES | $150,000 |
ANTI-DEFAMATION LEAGUE OF BNAI BRITH - CONNECTICUT PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
CORNELL UNIVERSITY PURPOSE: DIETETIC INTERN FUND | $30,000 |
FOUNDATION FOR CONSERVATIVE MASORTI-JUDAISM IN ISR PURPOSE: SDEROT OCTOBER 2023 EMERGENCY CAMPAIGN AND EMERGENCY FUND FOR EQUIPMENT AND URGENT NEEDS OF ISRAELI SOLDIERS | $50,000 |
FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: GENERAL & UNRESTRICTED | $50,000 |