IRS 990 Nonprofit Profile

Bay Village Endowment Fund

The endowment fund is a supporting organization to bay village of sarasota, inc. (bay village), a non-profit, lifecare community which currently exists as an independent living, assisted living, memory care, and nursing facility to provide all aging related services and senior services as may now exist or develop in the future. to accomplish this purpose, the endowment fund provides funds, when necessary: to assist financially needy bay village residents who have become unable to pay through no fault of their own; to assist in the operation, maintenance, growth and improvement of any and all of the operations of bay village now and in the future; and any additional purpose to help fulfill bay village's non-profit mission, meeting the requirements of sections 501(c)(3) and 509 (a)(2) of the internal revenue service code of 1986, as amended.This fund was started in 1980 to address bay village's commitment to the lifecare concept.

Filing year

2024

Total revenue

$836K

Total expenses

$112K

Program expenses

$40K

Administration

$33K

Fundraising

$39K

Program share of expenses

35%

EIN

591958932

Location

Sarasota, FL