GLORIA WILKES BELL & CARLOS R BELL CHARITABLE TR: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GLORIA WILKES BELL & CARLOS R BELL CHARITABLE TR (EIN 54-6500526)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-09-29
- IRS object ID
- 202102729349100600
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-29T07:59:50-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540505857 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McGuireWoods LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 397 | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232180397 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 546500526 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Gloria Wille Bell and Carlos R Bell | BusinessNameLine1Txt |
| Business Name Line2 | Charitable Trust | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLOR | BusinessNameControlTxt |
| Phone | 8047751047 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 397 | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232180397 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Benjamin S Candland | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 8047751047 | PhoneNum |
| Signature | 2021-09-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Benjamin | PersonFirstNm |
| Person Last | Candland | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michele A W McKinnon | PreparerPersonNm |
| PTIN | P01319465 | PTIN |
| Phone | 8047751023 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,780,921 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $98,408 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $98,408 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $238,126 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,366,370 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $238,126 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $336,534 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $336,534 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $130,585 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $13,100 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $117,485 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $30,837 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $30,837 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,388 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $837 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $837 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $165,647 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $43,937 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $118,322 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $200,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $200,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $365,647 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $43,937 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $318,322 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$29,113 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $292,597 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $571,784 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $411,502 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $411,502 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,946,904 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,090,640 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,325,030 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $691,692 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $724,993 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $296,154 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $319,396 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,518,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,489,988 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,780,921 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,518,688 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,489,988 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,518,688 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,489,988 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,518,688 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,489,988 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,518,688 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$29,113 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,388 | OtherIncreasesAmt |
| Subtotal | $4,497,963 | SubtotalAmt |
| Other Decreases | $7,975 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,489,988 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Nominee, Charles Schwab - Publicly Traded Securities | $1,366,047 | $1,128,244 | $237,803 | $237,803 | |
| Green Mountain Coffee - Class Action Proceeds | $194 | $194 | $194 | ||
| Capital Gains Dividends | $129 | $129 | $129 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $238,126 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,067 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,067 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,067 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,388 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,388 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $679 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.bellscholarship.org | WebsiteAddressTxt |
| Individual With Books | Benjamin S Candland Esq | IndividualWithBooksNm |
| Phone | 8047751047 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o McGuireWoods LLP PO Box 397 | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232180397 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Benjamin S Candland | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o McGuireWoods LLP PO Box 397 | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232180397 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McGuireWoods LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 East Canal Street | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232193916 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Legal Services | ServiceTypeTxt |
| Compensation | $130,585 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,162,149 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $134,597 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,296,746 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,296,746 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $79,451 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,217,295 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $260,865 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $260,865 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,067 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,067 | TotalTaxAmt |
| Distributable Before Adj | $256,798 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $5,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $261,798 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $261,798 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $318,322 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $318,322 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $318,322 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $261,798 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $183,269 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $81,649 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $102,134 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $153,890 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $56,869 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $577,811 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $318,322 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $261,798 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $56,524 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $634,335 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $183,269 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $451,066 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $81,649 | ExcessFromYear4Amt |
| Excess From Year3 | $102,134 | ExcessFromYear3Amt |
| Excess From Year2 | $153,890 | ExcessFromYear2Amt |
| Excess From Year1 | $56,869 | ExcessFromYear1Amt |
| Excess From Current Year | $56,524 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Benjamin S Candland Trustee | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 East Canal Street | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232193916 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8047751047 | RecipientPhoneNum |
| Recipient Email Address | bcandland@mcguirewoods.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Applications, including a one page essay can only be submitted online using the www.bellscholarship.org website. The application requests personal information, home address, high school information and top academic accomplishments. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | February 1 of each year for the upcoming school year. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Applicants must have graduated from high school with a grade-point average of at least 3.0; be residents of the Commonwealth of Virginia or one of the following counties in Michigan: Allegan, Barry, Berrien, Branch, Calhoun, Cass, Eaton, Hillsdale, Ingham, Jackson, Kalamazoo, Lenawee, Livingston, Monroe, Oakland, St. Joseph, Van Buren, Washtenaw and Wayne; or be a graduate of New Trier High School in Winnetka, Illinois; or be a graduate of the Chicago public, parochial or private school system; or be a graduate of the Illinois Mathematics and Science Academy in Aurora, Illinois; be a full-time student pursuing an undergraduate degree program in engineering, mathematics, physics, computer science or another related scientific field in the College of Engineering or the College of Literature, Sciences and the Arts at the University of Michigan, Ann Arbor. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| University of Michigan FBO Karolina | |||||||
| 6039 N Newburg Ave | Chicago | IL | 60631 | None | N/A | Scholarship | $80,000 |
| University of Michigan FBO Sakiko K | |||||||
| 44386 Foxthom Terrace | Ashburn | VA | 20147 | None | N/A | Scholarship | $80,000 |
| University of Michigan FBO Edison C | |||||||
| 145 Glenshire Dr | Troy | MI | 48085 | None | N/A | Scholarship | $40,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $200,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $98,408 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $238,126 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $336,534 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $336,534 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 17,205.78 shs Pimco International Fund | $165,628 | $176,015 |
| 23,126.714 shs T. Rowe Price Emerging M | $243,696 | $253,006 |
| 31,352.952 shs T. Rowe Price International | $282,368 | $295,972 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3,840 shs Brclys Bk Ipath Bloom | $83,140 | $104,448 |
| 2,388 shs Gldmn Schs Acs Inv Grd | $129,976 | $130,958 |
| 4,368 shs Goldman Sachs Actvbeta | $248,809 | $375,779 |
| 581 shs Invesco Currencyshares | $62,202 | $64,381 |
| 3,822 shs Invesco International | $100,133 | $111,459 |
| 1,108 shs Invesco S&P 500 Equal | $119,609 | $167,009 |
| 2,473 shs Ishares Core Msci Europe | $109,825 | $141,653 |
| 1,580 shs Ishares Core S&P Mid Cap | $234,050 | $424,593 |
| 875 shs Ishares Core S&P 500 | $236,119 | $376,180 |
| 1,386 shs Ishares Msci All Count | $79,513 | $130,977 |
| 2,087 shs Ishares Msci Australia | $45,224 | $54,220 |
| 1,707 shs Ishares Msci Brazil Etf | $66,548 | $69,202 |
| 2,714 shs Ishares Msci Chinia Etf | $161,101 | $223,742 |
| 2,889 shs Ishares Msci Europe | $47,755 | $56,480 |
| 7,542 shs Ishares Msci Eurozone | $238,595 | $372,198 |
| 2,670 shs Ishares Msci Frontier | $78,346 | $88,617 |
| 2,067 shs Ishares Msci India Index | $45,093 | $91,465 |
| 2,612 shs Ishares Msci Indonesia | $32,831 | $52,971 |
| 1,123 shs Ishares Msci Mexico Etf | $30,304 | $53,893 |
| 608 shs Ishares Msci South Korea | $26,763 | $56,653 |
| 2,340 shs Ishares Msci United Kingdom | $70,062 | $76,518 |
| 994 shs JPMorgan Betabuilders Canada | $34,884 | $64,322 |
| 3,331 shs JPMorgan Betabuilders Japan | $147,853 | $188,168 |
| 3,626 JPMorgan Ultra Short Income | $184,157 | $183,983 |
| 1,088 shs Kraneshares CSI China Internet | $47,154 | $75,921 |
| 4,837 shs Vaneck Vectors Emerging Markets | $112,315 | $115,508 |
| 2,111 shs Vaneck Vectors J.P. Morgan | $69,548 | $66,243 |
| 2,137 shs Vaneck Vectors Russia | $44,781 | $61,930 |
| 1,979 shs Vanguard Russell 2000 | $92,692 | $183,196 |
| 4,005 shs Xtrckr Hrvt Csi 300 China | $111,258 | $162,363 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 100,000 pv Toyota Motor Cr 2.65% | AT COST | $96,798 | $103,484 |
| 100,000 pv Philip Morris Int 3.6% | AT COST | $100,369 | $107,535 |
| 100,000 pv JPMorgan Chase 3.625% | AT COST | $98,987 | $108,377 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | McGuireWoods LLP - Legal Expense | CategoryTxt |
| Legal Fees | $130,585 | LegalFeesAmt |
| Net Investment Income | $13,100 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $117,485 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Cost basis adjustments | $7,973 |
| Timing/rounding differences | $2 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Bergman Group - scholarship website | Desc |
| Revenue And Expenses Per Books | $837 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $837 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Receivable for Returned Scholarships | $5,000 |
| Overpayment applied from FYE 6/30/2020 | $3,388 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Charles Schwab - Investment Management Fees | CategoryTxt |
| Amt | $30,837 | Amt |
| Net Investment Income | $30,837 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2020 Estimated Taxes | CategoryTxt |
| Amt | $3,388 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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