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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$13.6M
+11.0% YoY
Annual Giving
$36K
Grant Count
1
Avg Grant Size
$36K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,636,191 | $12,283,274 | $10,561,221 |
| Revenue | $835,915 | $416,990 | $55,165 |
| Expenses | $112,115 | $32,179 | $7,030,819 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $741,544 | $321,484 | $-41,813 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Bay Village Endowment Fund fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROGER DIRKSEN | TRUSTEE | 1 | — |
| LINDA GETZEN | TRUSTEE | 1 | — |
| GERRY HAILEY | TRUSTEE | 1 | — |
| KATHLEEN JUNKINS | TRUSTEE | 1 | — |
| ROBERT SHERWOOD | TRUSTEE | 1 | — |
| TOM TAYLOR | TRUSTEE | 1 | — |
| KEVIN HICKS | CHAIRMAN | 1 | — |
| ERIC NICHOLS | PRESIDENT & CEO | 5 | — |
| CHRISTINA WIZBA | CFO | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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