Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
JAMES FORD BELL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1818 OLIVER AVENUE SOUTH
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55405
A Employer identification number

41-6023099
B Telephone number (see instructions)

(612) 377-8400
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,930,075J Accounting method:
MODIFIED CASH
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 10 10  
4 Dividends and interest from securities... 83,161 83,161  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 177,036
b Gross sales price for all assets on line 6a 255,599
7 Capital gain net income (from Part IV, line 2)... 177,036
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 260,207 260,207  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 5,000 0   5,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,725 1,363   1,362
c Other professional fees (attach schedule).... Click to see attachment 66,046 39,046   27,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,057 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,054 0   6,054
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 80,882 40,409   39,416
25 Contributions, gifts, grants paid....... 259,133 259,133
26 Total expenses and disbursements. Add lines 24 and 25 340,015 40,409   298,549
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -79,808
b Net investment income (if negative, enter -0-) 219,798
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 96,480 94,436 94,436
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 723,549 Click to see attachment736,567 1,679,400
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,767,969 Click to see attachment1,677,187 5,156,239
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,587,998 2,508,190 6,930,075
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,587,998 2,508,190
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 2,587,998 2,508,190
30 Total liabilities and net assets/fund balances (see instructions). 2,587,998 2,508,190
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,587,998
2
Enter amount from Part I, line 27a .....................
2
-79,808
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,508,190
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,508,190
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 255,599   78,563 177,036
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       177,036
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 177,036
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 3,055
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,055
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,055
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,280
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,280
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 775
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.FPADVISORS.COM
    14
    The books are in care ofbulletFAMILY PHILANTHROPY ADVISORS Telephone no.bullet (612) 377-8400

    Located atbullet1818 OLIVER AVENUE SOUTHMINNEAPOLISMN ZIP+4bullet55405
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    FORD W BELL TRUSTEE
    5.00     		0 0 0
    1818 OLIVER AVENUE SOUTH
    MINNEAPOLIS,MN55405
    SAMUEL H BELL JR TRUSTEE
    5.00     		5,000 0 0
    1818 OLIVER AVENUE SOUTH
    MINNEAPOLIS,MN55405
    ELLEN GEORGE EXECUTIVE DIRECTOR
    5.00     		0 0 0
    1818 OLIVER AVENUE SOUTH
    MINNEAPOLIS,MN55405
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,731,978
    b
    Average of monthly cash balances.......................
    1b
    150,319
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,882,297
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,882,297
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    88,234
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,794,063
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    289,703
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    289,703
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,055
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,055
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    286,648
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    286,648
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    286,648
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    298,549
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    298,549
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    298,549
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 286,648
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 37,927
    b From 2016...... 99,403
    c From 2017...... 149,913
    d From 2018...... 50,604
    e From 2019...... 37,777
    fTotal of lines 3a through e........ 375,624
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 298,549
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 286,648
    e Remaining amount distributed out of corpus 11,901
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 387,525
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		37,927
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		349,598
    10 Analysis of line 9:
    a Excess from 2016.... 99,403
    b Excess from 2017.... 149,913
    c Excess from 2018.... 50,604
    d Excess from 2019.... 37,777
    e Excess from 2020.... 11,901
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    FORD W BELL
    SAMUEL H BELL JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN ALLIANCE OF MUSEUMS
    2451 CRYSTAL DRIVE
    ARLINGTON,VA22202     		NONE PC GENERAL OPERATIONS 25,000
    AMERICAN ASSOC FOR STATE & LOCAL HISTORY
    2021 21ST AVE S 320
    NASHVILLE,TN37212     		NONE PC GENERAL OPERATIONS 5,000
    AQUABILITY
    3218 W OVERLAND RD
    BOISE,ID83705     		NONE PC GENERAL OPERATIONS 2,000
    ASSOCIATES OF THE JAMES FORD BELL LIBRARY
    C/O 1818 OLIVER AVE S
    MINNEAPOLIS,MN55405     		NONE PC GENERAL OPERATIONS 5,000
    BELL MUSEUM (UNIVERSITY OF MINNESOTA FOUNDATION)
    PO BOX 860266
    MINNEAPOLIS,MN55486     		NONE PC GENERAL OPERATIONS 24,000
    BELWIN CONSERVANCY
    BELWIN CONSERVANCY
    AFTON,MN55001     		NONE PC GENERAL OPERATIONS 500
    BLAKE SCHOOL THE
    110 BLAKE ROAD S
    HOPKINS,MN55343     		NONE PC GENERAL OPERATIONS 2,000
    BOYS & GIRLS CLUBS OF INDIAN RIVER COUNTY
    1729 17TH AVENUE
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 2,000
    BRAXTON STUNTZ FOUNDATION
    2 UPPER RAGSDALE B230
    MONTEREY,CA93940     		NONE PC GENERAL OPERATIONS 1,000
    CHAGDUD GONPA FOUNDATION
    POST OFFICE BOX 279
    JUNCTION CITY,CA96048     		NONE PC GENERAL OPERATIONS 1,000
    CHILDCARE RESOURCES
    2300 5TH AVE SUITE 149
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 5,000
    CHILDREN'S HOME SOCIETY TREASURE COAST
    650 10TH STREET
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 3,000
    CLEVELAND CLINIC INDIAN RIVER FOUNDATION
    1000 36TH STREET
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 2,500
    COLLEGE OF VETERINARY MEDICINE
    1365 GORTNER AVENUE
    ST PAUL,MN55108     		NONE PC GENERAL OPERATIONS 8,000
    CONNECTICUT COLLEGE
    270 MOHEGAN AVE PKWY
    NEW LONDON,CT06320     		NONE PC GENERAL OPERATIONS 7,000
    DELTA WATERFOWL FOUNDATION
    1312 BASIN AVE
    BISMARCK,ND58504     		NONE PC GENERAL OPERATIONS 13,333
    EAGLEBROOK SCHOOL
    271 PINE NOOK ROAD
    DEERFIELD,MA01342     		NONE PC GENERAL OPERATIONS 1,000
    EDUCATION FOUNDATION OF INDIAN RIVER CTY
    PO BOX 7046
    VERO BEACH,FL32961     		NONE PC GENERAL OPERATIONS 1,000
    ENVIRONMENTAL LEARNING CENTER INC
    255 LIVE OAK DR
    VERO BEACH,FL32963     		NONE PC GENERAL OPERATIONS 500
    FOOD BANK FOR MONTEREY COUNTY
    PO BOX 3965
    SALINAS,CA93912     		NONE PC GENERAL OPERATIONS 1,500
    HENNEPIN HEALTH FOUNDATION
    701 PARK AVE LSB-3
    MINNEAPOLIS,MN55415     		NONE PC GENERAL OPERATIONS 5,000
    HUMANE SOCIETY OF VERO BEACH
    PO BOX 644
    VERO BEACH,FL32961     		NONE PC GENERAL OPERATIONS 2,000
    INDIAN RIVER GOLF FOUNDATION
    PO BOX 1361
    VERO BEACH,FL32961     		NONE PC GENERAL OPERATIONS 2,000
    INDIAN RIVER HABITAT FOR HUMANITY
    4568 N US HWY 1
    VERO BEACH,FL32967     		NONE PC GENERAL OPERATIONS 1,000
    INDIAN RIVER LAND TRUST
    80 ROYAL PALM POINTE 301
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 1,000
    MARDY FISH CHILDREN'S FOUNDATION
    PO BOX 648158
    VERO BEACH,FL32964     		NONE PC GENERAL OPERATIONS 2,000
    MAYO CLINIC
    4500 SAN PABLO RD S
    JACKSONVILLE,FL32224     		NONE PC GENERAL OPERATIONS 1,000
    MILLBROOK SCHOOL
    SCHOOL ROAD
    MILLBROOK,NY12545     		NONE PC GENERAL OPERATIONS 2,500
    MINNEAPOLIS INSTITUTE OF ARTS
    2400 THIRD AVENUE SOUTH
    MINNEAPOLIS,MN55404     		NONE PC GENERAL OPERATIONS 20,000
    MINNESOTA HISTORICAL SOCIETY
    345 KELLOGG BLVD W
    ST PAUL,MN55102     		NONE PC GENERAL OPERATIONS 16,000
    MINNESOTA ORCHESTRAL ASSOCIATION
    1111 NICOLLET MALL
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATIONS 10,000
    MINNESOTA PUBLIC RADIO
    52 EAST 9TH ST
    ST PAUL,MN55101     		NONE PC GENERAL OPERATIONS 4,000
    MINNESOTA ZOO FOUNDATION
    13000 ZOO BOULEVARD
    APPLE VALLEY,MN55124     		NONE PC GENERAL OPERATIONS 3,000
    ORCAS ISLAND CHAMBER MUSIC FESTIVAL
    PO BOX 646
    EASTSOUND,WA98245     		NONE PC GENERAL OPERATIONS 2,000
    ORCAS ISLAND COMMUNITY FOUNDATION
    PO BOX 1496
    EASTSOUND,WA982451496     		NONE PC GENERAL OPERATIONS 1,000
    ORCAS OPEN ARTS (ORCAS ISLANDS JAZZ FESTIVAL)
    PO BOX 1843
    EASTSOUND,WA98245     		NONE PC GENERAL OPERATIONS 1,000
    QUAIL VALLEY CHARITIES
    2345 HIGHWAY A1A
    VERO BEACH,FL32963     		NONE PC GENERAL OPERATIONS 300
    REAL MISSION INC
    6200 20TH ST SUITE 248
    VERO BEACH,FL32966     		NONE PC GENERAL OPERATIONS 3,000
    RIVERSIDE THEATRE
    POST OFFICE BOX 3788
    VERO BEACH,FL32963     		NONE PC GENERAL OPERATIONS 15,000
    SCIENCE MUSEUM OF MINNESOTA
    120 W KELLOGG BLVD
    ST PAUL,MN55102     		NONE PC GENERAL OPERATIONS 2,500
    SENIOR RESOURCE ASSOCIATION
    694 14TH STREET
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 5,000
    SMILE TRAIN
    633 THIRD AVENUE
    NEW YORK,NY10017     		NONE PC GENERAL OPERATIONS 500
    SOUTHWEST INDIAN FOUNDATION
    100 WEST COAL AVENUE
    GALLUP,NM87301     		NONE PC GENERAL OPERATIONS 1,000
    ST EDWARD'S SCHOOL
    1895 ST EDWARDS DRIVE
    VERO BEACH,FL32963     		NONE PC GENERAL OPERATIONS 500
    ST LAWRENCE UNIVERSITY
    23 ROMODO DRIVE
    CANTON,NY13617     		NONE PC GENERAL OPERATIONS 1,000
    THE LEARNING ALLIANCE
    PO BOX 643446
    VERO BEACH,FL32964     		NONE PC GENERAL OPERATIONS 2,000
    THE SOURCE
    1015 COMMERCE AVE
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 25,000
    UNITED AGAINST POVERTY
    2746 US HWY 1
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 1,000
    UNIVERSITY OF SOUTH DAKOTA FOUNDATION
    414 E CLARK STREET
    VERMILLION,SD57069     		NONE PC GENERAL OPERATIONS 4,000
    VERO BEACH ROWING
    PO BOX 643063
    VERO BEACH,FL32964     		NONE PC GENERAL OPERATIONS 2,000
    VISITING NURSES ASSOCIATION & HOSPICE FOUNDATION OF INDIAN RIVER COUNTY
    1110 35TH LANE
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 2,000
    WALTER ANDERSON MUSEUM OF ART
    510 WASHINGTON AVE
    OCEAN SPRINGS,MS39564     		NONE PC GENERAL OPERATIONS 2,000
    WESTMINSTER PRESBYTERIAN CHURCH
    1200 MARQUETTE AVE
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATIONS 1,000
    WILD SALMON CENTER
    721 NW NINTH AVENUE 300
    PORTLAND,OR97209     		NONE PC GENERAL OPERATIONS 1,000
    WILDLIFE CONSERVATION NETWORK
    209 MISSISSIPPI STREET
    SAN FRANCISCO,CA94107     		NONE PC GENERAL OPERATIONS 1,500
    WOMENS REFUGE OF VERO BEACH INC
    1850 LEMON AVE
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 3,000
    YOUTH SAILING FOUNDATION OF INDIAN RIVER COUNTY
    PO BOX 612
    VERO BEACH,FL32961     		NONE PC GENERAL OPERATIONS 2,000
    Total .................................bullet 3a 259,133
    bApproved for future payment
    SENIOR RESOURCE ASSOCIATION
    694 14TH STREET
    VERO BEACH,FL32960     		NONE PC GENERAL OPERATIONS 5,000
    VERO BEACH ROWING
    PO BOX 643063
    VERO BEACH,FL32964     		NONE PC GENERAL OPERATIONS 4,000
    WILD SALMON CENTER
    721 NW NINTH AVENUE 300
    PORTLAND,OR97209     		NONE PC GENERAL OPERATIONS 2,000
    YOUTH SAILING FOUNDATION OF INDIAN RIVER COUNTY
    PO BOX 612
    VERO BEACH,FL32961     		NONE PC GENERAL OPERATIONS 4,000
    Total .................................bullet 3b 15,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 10  
    4 Dividends and interest from securities....     14 83,161  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 177,036  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 260,207 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    260,207
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    JAMES FORD BELL FOUNDATION
    EIN:
    41-6023099
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,725 1,363   1,362

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JAMES FORD BELL FOUNDATION
    EIN:
    41-6023099
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,680 SHARES - APPLE INC 33,247 222,919
    325 SHARES - AUTOMATIC DATA PROCESSING INC 16,049 57,265
    410 SHARES - BAXTER INTL INC 13,339 32,898
    200 SHARES - BECTON DICKINSON & COMPANY 15,063 50,044
    75 SHARES - BLACKROCK INC 13,099 54,116
    335 SHARES - CATERPILLAR INC 29,309 60,977
    500 SHARES - COCA COLA COMPANY 19,229 27,420
    250 SHARES - DEERE & CO 18,989 67,263
    495 SHARES - EMERSON ELECTRIC CO 24,587 39,783
    325 SHARES - EXXON MOBILE CORP 27,848 13,397
    30 SHARES - GARRETT MOTION INC 187 133
    300 SHARES - HONEYWELL INTL INC 16,709 63,810
    125 SHARES - INTL BUSINESS MACHINES CORP 23,357 15,735
    250 SHARES - JOHNSON & JOHNSON 17,301 39,345
    341 SHARES - KRAFT HEINZ HOLDING CORP 14,302 11,819
    300 SHARES - MCDONALDS CORP 27,070 64,374
    500 SHARES - MONDELEX INTL INC 12,692 29,235
    365 SHARES - OCCIDENTAL PETROLEUM CORP 27,435 5,898
    300 SHARES - PEPSICO INC 21,028 44,490
    275 SHARES - PROCTER & GAMBLE CO 17,843 38,264
    390 SHARES - QUALCOMM INC 22,382 59,413
    50 SHARES - RESIDEO TECHNOLOGIES INC 502 1,063
    225 SHARES - SMUCKER JM CO 17,111 26,010
    950 SHARES - TJX COMPANIES INC 21,359 64,875
    425 SHARES - TAPESTRY INC 23,287 13,209
    200 SHARES - 3M COMPANY 17,997 34,958
    225 SHARES - UNITED PARCEL SVC INC 18,026 37,890
    563 SHARES - VISA INC 21,545 123,145
    1,055 SHARES - WELLS FARGO & COMPANY 36,277 31,840
    300 SHARES - ACCENTURE PLC CL A IRELAND 17,631 78,363
    200 SHARES - LINDE PLC 32,691 52,702
    75 SHARES - ALCON INC 2,562 4,949
    195 SHARES - CHUBB LTD 21,649 30,015
    575 SHARES - TE CONNECTIVITY LTD 18,384 69,615
    350 SHARES - NESTLE S.A. ADR SWITZERLAND 21,102 41,230
    375 SHARES - NOVARTIS A.G. ADR SWITZERLAND 18,523 35,411
    661 SHARES - ROCHE HLDG LTD ADR SWITZERLAND 16,238 28,978
    300 SHARES - SCHLUMBERGER LTD 20,618 6,549

    TY 2020 InvestmentsOtherSchedule2
    Name:
    JAMES FORD BELL FOUNDATION
    EIN:
    41-6023099
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1,548 SHARES - INVESCO FTSE RAFI US 1500 AT COST 88,730 233,655
    5,672 SHARES - ISHARES INC MSCI AUSTRALIA INDEX AT COST 118,077 135,844
    13,628 SHARES - ISHARES RUSSELL MIDCAP INDEX AT COST 371,998 934,199
    1,782 SHARES - ISHARES COHEN STEERS REIT AT COST 46,742 96,014
    11,717 SHARES - ISHARES RUSSELL 1000 GROWTH AT COST 720,819 2,825,437
    2,218 - SHARES SPDR S&P 500 ETF TR AT COST 250,333 829,266
    2,032 SHARES - VANGUARD FTSE EMERGING MKTS EFT AT COST 80,488 101,824

    TY 2020 OtherExpensesSchedule
    Name:
    JAMES FORD BELL FOUNDATION
    EIN:
    41-6023099
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 654 0   654
    STATE OF MN FILING FEE 25 0   25
    COMPUTER EXPENSE 5,240 0   5,240
    OFFICE SUPPLIES 135 0   135


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JAMES FORD BELL FOUNDATION
    EIN:
    41-6023099
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 39,046 39,046   0
    CONSULTING EXPENSE 27,000 0   27,000


    TY 2020 TaxesSchedule
    Name:
    JAMES FORD BELL FOUNDATION
    EIN:
    41-6023099
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 1,057 0   0