Bentley Village Foundation Inc is located in Naples, FL. The organization was established in 2016. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bentley Village Foundation Inc 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, Bentley Village Foundation Inc generated $506.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $342.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO ENHANCING THE CULTURAL, INTELLECTUAL, EMOTIONAL AND PHYSICAL WELL-BEING OF OUR COMMUNITY THROUGH PHILANTHROPIC PROGRAMS AND EDUCATIONAL SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS: IN COLLABORATION WITH THE COLLIER COMMUNITY FOUNDATION (CCF) AND USING FUNDS RAISED BY THE FOUNDATION, APPLICANTS WERE EVALUATED BY FOUR REPRESENTATIVES OF BENTLEY VILLAGE FOUNDATION (BVF) AND THE FIVE REPRESENTATIVES OF CCF. APPLICANTS WERE ALL EMPLOYEES OR DEPENDENTS OF CLASSIC BENTLEY VILLAGE, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION AND NAPLES AREA CONTINUING CARE RETIREMENT COMMUNITY NOW DOING BUSINESS AS VI AT BENTLEY VILLAGE. THE EVALUATORS SELECTED 2 EMPLOYEES AND 15 DEPENDENTS. THESE SCHOLARS WERE THE MAXIMUM ALLOWABLE UNDER IRS GUIDELINES. SINCE 2016, BVF HAS AWARDED OVER 100 " BENTLEY WINGS " COMPETITIVE SCHOLARSHIPS ALLOWING STUDENTS TO PURSUE THEIR CAREER EDUCATIONAL GOALS. ALL SCHOLARSHIP FUNDS ARE DISBURSED FROM A FOUNDATION DESIGNATED ACCOUNT UNDER THE INVESTMENT UMBRELLA OF CCF DIRECTLY TO THE LEARNING INSTITUTIONS PER A WRITTEN AGREEMENT BETWEEN CCF AND THE BVF. AWARDEES WERE SELECTED VIA APPLICATIONS SCORED ON A MATRIX DEVELOPED COOPERATIVELY BETWEEN THE TWO ORGANIZATIONS. AWARDEES MAY RECEIVE ANNUAL RENEWALS UNTIL THEIR ORIGINAL COURSES OF STUDY ARE COMPLETED WITH UP TO SIX ANNUAL RENEWALS. SERVING PARTICIPANTS SINCE 2016, OUR "BENTLEY WINGS" COMPETITIVE SCHOLARSHIP PROGRAM IS THE LARGEST PROGRAM ADMINISTERED BY CCF. MANY AWARDEES GRADUATED. OUR PROGRAM IS ALSO THE ONLY TO GUARANTEE ITS STUDENTS ANNUAL RENEWAL AVAILABILITY. THIS YEAR'S ADDITIONS TO OUR TOTAL AWARDEE POOL BROUGHT OUR TOTAL COMMITMENTS FOR ALL EXISTING SCHOLARS TO $ 619,647.
OUR "MEMORY AND MUSIC", "MUSIC THERAPY AND "MINDFULNESS" PROGRAMS PROVED EFFICACIOUS IN IMPROVING QUALITY OF LIFE BY OFFERING PREVENTATIVE, REHABILITATIVE, OR PALLIATIVE CARE TO THE PORTION OF OF OUR SERVICE POPULATION WHO ARE AT RISK TO DEVELOP OR WHO ALREADY SUFFER FROM DISABLING BRAIN DISEASES LIKE DEMENTIA, ALZHEIMER'S, AND OTHER ADVANCED COGNITIVE DISORDERS. WE PARTNERED, PRIMARILY WITH THE HOUSE OF MUSIC TO CREATE, FUND OR OFFER PROGRAMS, THE COMBINED INTERVENTION OF WHICH PROVED TO HELP PARTICIPANTS MAINTAIN OR RESTORE THEIR HEALTH, AND HELPED THEM TO RECALL MEMORIES. WE COLLABORATED WITH MINDFUL MINZ TO PROVIDE PROGRAMS TO UTILIZE "MINDFULNESS" AS A MEDITATIVE DISCIPLINE TO DEAL WITH ISSUES ARISING FROM STRESSES OF LIVING. THE FOUNDATION CONTRACTED AND PROVIDED TO FGCU CONTINUING EDUCATION ACADEMY TO PROVIDE A FULL YEAR OF FGCU ACADEMY TO RESIDENTS AT ALL LEVELS OF CARE AS FGCU ACADEMY-SERIES MEMBERS.
$ 20,000 AWARDED TO NAPLES BAKER SENIOR CENTER TO INITIATE AN EXPANSION OF THEIR DEMENTIA RESPITE MUSIC THERAPY PROGRAM. WE ALSO CONTINUED A PROGRAM OF VOLUNTEERS FROM BENTLEY VILLAGE CALLED SENIORS HELPING SENIORS WHO AIDED THE NAPLES BAKER SENIOR CENTER IN THEIR ACTIVITIES.
AWARDED $ 3,000 TO THE LITERACY COUNCIL GULF COAST TO PROVIDE MATERIALS AND SUPPORT FOR OFFERING ENGLISH AS A SECOND LANGUAGE PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Lynch President | OfficerTrustee | 30 | $0 |
Wayne Antworth Vice President | OfficerTrustee | 13 | $0 |
Chase Brooke Treasurer | OfficerTrustee | 16 | $0 |
Susan Goodwin Secretary | OfficerTrustee | 2 | $0 |
Diane V Halas President Emeritus | Trustee | 29 | $0 |
Bill Bretz Assistant Treasurer | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $104,497 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $334,560 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $439,057 |
Total Program Service Revenue | $0 |
Investment income | $25,771 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $24,594 |
Net Income from Fundraising Events | $7,727 |
Net Income from Gaming Activities | $9,444 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $506,593 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $143,400 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,780 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,718 |
Fees for services: Other | $38,479 |
Advertising and promotion | $0 |
Office expenses | $19,259 |
Information technology | $750 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,100 |
Insurance | $6,945 |
All other expenses | $0 |
Total functional expenses | $342,579 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $304,435 |
Savings and temporary cash investments | $452,257 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,015 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $82,311 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,271,387 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,120,405 |
Accounts payable and accrued expenses | $10,973 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,511 |
Total liabilities | $12,484 |
Net assets without donor restrictions | $1,446,427 |
Net assets with donor restrictions | $661,494 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,120,405 |
Over the last fiscal year, Bentley Village Foundation Inc has awarded $140,400 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
COLLIER COMMUNITY FOUNDATION PURPOSE: SCHOLARSHIPS | $120,000 |
BAKER SENIOR CENTER NAPLES PURPOSE: ART THERAPY PROGRAM | $20,400 |