501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$7.8M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $15.4M a year · 4% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7.8M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $272.8M in investments, Pt X · Ln 11–13
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $57K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$269.6M
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$316.6M
Spent
$307.3M
To programs
86%
Net assets
$411.5M
By yearFY2020–FY2025
Revenue
$316.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$316.6M
FY2021$292.3M
FY2022$351.9M
FY2023$347.7M
FY2024$384.7M
FY2025$414.0M
Expenses
$307.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$307.3M
FY2021$286.7M
FY2022$324.4M
FY2023$333.7M
FY2024$365.3M
FY2025$397.7M
Net assets
$411.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$411.5M
FY2021$526.6M
FY2022$525.8M
FY2023$549.8M
FY2024$599.2M
FY2025$642.0M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1950.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $263.4M Management & general 12% · $38.4M Fundraising 2% · $5.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

49 people listed on the 990; $7.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President/Trustee
$740,380Pt VII · Sec A
VP for Aca Aff/Provost
$425,675Pt VII · Sec A
VP, CFO/Treasurer
$409,035Pt VII · Sec A
$387,012Pt VII · Sec A
VP, Aca Aff/Provost
$347,072Pt VII · Sec A
VP for Advancement
$339,481Pt VII · Sec A
$337,476Pt VII · Sec A
Former VP Aca Aff/Provost
$337,097Pt VII · Sec A

E Labrent Chrite’s $946K as President/Trustee is at the 72nd percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
E Labrent Chrite$945,895$875,013$840,499$472,260——
Alison Davis-Blake———$346,154$803,710$740,380
Paul Tesluk$484,427$464,016$189,856———
Maureen Forrester$458,992$436,392$420,269$429,157$422,097$409,035
Kartik Raman$436,175$386,652—$355,717$328,857—
Lynne Rosansky————$213,867$425,675
Chris Grugan$423,787$407,342$89,684———
Rani Hoitash$412,065$378,887$378,019$379,700$357,830$330,724

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Bentley University executive salaries →

On this list? Claim this org

30 open jobs right now. See them →

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates business-minded students, combining business with arts and science to prepare future business leaders.

Questions for Bentley University

Tap to ask. Bentley University sees how many people are interested.

Your first name shows with your question. Bentley University answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $263.4M · in their own filed words · FY2019
01

Education and Student Support

Founded in 1917 as the bentley school of accounting and finance, bentley university places vital emphasis on the quality of its faculty as dedicated TEACHERS/SCHOLARS. Academics across all departments are committed to establishing effective teaching and learning relationships with students both inside and outside the classroom, while…

$224.6Mprogram expense
02

Auxiliary Enterprises

Approximately 80% of bentley's undergraduate students live on campus-provided housing. Residence halls include single, double, triple, and quadruple occupancy rooms as well as apartments and suites. All of the residence halls offer students modern day amenities.

$38.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 6 funders →
Grants paid · 35 grants · $581.2M · 2019–2024
Unitemized GrantFY2024$122,622,639
Carleton CollegeMN · FY2024$32,258
Louisiana Universities Marine ConsortiumFY2024$24,849
Florida International UniversityFY2024$20,324
Unitemized GrantFY2023$103,788,912
Florida International UniversityFY2023$80,519
Carleton CollegeMN · FY2023$68,344
University of DelawareDE · FY2023$18,898
Unitemized GrantFY2022$93,385,452
Carleton CollegeMN · FY2022$82,714
Louisiana Universities Marine ConsortiumFY2022$52,525
See all 35 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$316.6M
Ln 12
Fees for servicesLn 2g$295.2M
Gifts and grantsLn 1h$12.9M
Investment incomeLn 3$6.5M
Money outPt IX
$307.3M
Ln 25
Programscol B$263.4M
Managementcol C$38.4M
Fundraisingcol D$5.5M
Owns and owesPt X
$411.5M
net assets · Ln 32
Cash and savingsLn 1–2$89.0M
Total assetsLn 16$681.1M
LiabilitiesLn 26$269.6M
PeoplePt VI, VII
49
listed · VII A
PaidVII A25
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.9M
Government grantsLn 1e$4.1M
Noncash giftsLn 1g$453K
Fees for servicesLn 2g$295.2M
Investment incomeLn 3$6.5M
Other incomeLn 4–11$2.0M
Gains on assetsLn 7$3.9M
Total revenueLn 12$316.6M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$89.0M
Cash and savings togetherLn 1–2$89.0M
InvestmentsLn 11–13$272.8M
Land, buildings, equipmentLn 10c$304.1M
Other assetsLn 15$370K
Total assetsLn 16$681.1M
LiabilitiesLn 26$269.6M
Net assetsLn 32$411.5M
OperationsPt I, VI
EmployeesI 52,832
VolunteersI 6250
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$160.8M
Bond issues listedSch K Pt I5
Raised by those issuesSch K Pt I$213.5M
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$6.6M
Noncash gifts receivedSch M Pt I$453K
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$263.2M$276.5M$279.7M$263.0M$241.9M
Given inLn 1b$1.8M$1.4M$3.2M$4.3M$2.4M
SpentLn 1d–1f$12.0M$11.9M$11.3M$10.7M$10.3M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$47.2M$89.0M
InvestmentsLn 11–13$286.1M$272.8M
Land, buildings, equipmentLn 10c$308.6M$304.1M
Total assetsLn 16$657.8M$681.1M
LiabilitiesLn 26$236.3M$269.6M
Net assetsLn 32$421.5M$411.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25K$25K
Grants to domestic individualsLn 2$85.8M$85.8M
Grants and assistance to foreign recipientsLn 3$6.6M$6.6M
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$4.5M$304K$3.9M$204K
Pay of disqualified personsLn 6$1.7M$953K$748K
Other salaries and wagesLn 7$101.4M$85.1M$12.8M$3.4M
Pension plan contributionsLn 8$8.2M$6.4M$1.5M$300K
Other employee benefitsLn 9$12.9M$10.0M$2.4M$467K
Payroll taxesLn 10$6.8M$5.3M$1.3M$248K
Management feesLn 11a$1.4M$763K$415K$248K
Legal feesLn 11b$583K$65K$517K$1K
Accounting feesLn 11c$443K$443K
Lobbying feesLn 11d$19K$19K
Professional fundraising feesLn 11e$17K$17K
Investment management feesLn 11f$2.9M$2.9M
Other fees for servicesLn 11g$2.5M$2.4M$135K
Advertising and promotionLn 12$1.8M$1.4M$345K$25K
Office expensesLn 13$6.2M$4.5M$1.6M$130K
Information technologyLn 14$4.8M$2.6M$2.2M$65K
RoyaltiesLn 15$0
OccupancyLn 16$12.7M$12.1M$594K$960
TravelLn 17$2.1M$1.5M$399K$227K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2.7M$2.3M$318K$90K
InterestLn 20$7.2M$6.8M$418K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$20.2M$19.1M$1.1M
InsuranceLn 23$722K$51K$670K
Other expenses (24a–d)Ln 24$13.2M$9.5M$3.6M$79K
Total functional expensesLn 25$307.3M$263.4M$38.4M$5.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $414.0M$397.7M$16.3M$642.0M 990 PDF
FY2024Filed with the IRS May 14, 2025 $384.7M$365.3M$19.4M$599.2M 990 PDF
FY2023Filed with the IRS May 14, 2024 $347.7M$333.7M$14.1M$549.8M 990 PDF
FY2022 $351.9M$324.4M$27.5M$525.8M 990 PDF
FY2021Filed with the IRS May 13, 2022 $292.3M$286.7M$5.6M$526.6M 990 PDF
FY2020 ViewingFiled with the IRS May 14, 2021 $316.6M$307.3M$9.4M$411.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $316,624,866 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,155,000$12,904,000
I-9 Program service revenuePrior year $301,758,000$295,215,000
I-10 Investment incomePrior year $6,300,667$6,529,866
I-11 Other revenuePrior year $4,214,000$1,976,000
I-12 Total revenuePrior year $319,427,667$316,624,866
I-13 Grants and similar amounts paidPrior year $89,174,500$92,374,756
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $135,754,723$135,451,681
I-16a Professional fundraising feesPrior year $76,879$16,590
I-17 Other expensesPrior year $88,655,004$79,427,095
I-18 Total expensesPrior year $313,661,106$307,270,122
I-19 Revenue less expensesPrior year $5,766,561$9,354,744
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $316,624,866 across 12 lines filed
VIII-1e Government grants$4,079,000
VIII-1f All other contributions, gifts and grants$8,825,000
VIII-1g Noncash contributions (included above)$452,645
VIII-1h Total contributions, gifts and grants$12,904,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $293,868,996 · Unrelated business $399,061 · Excluded from tax $946,943$295,215,000
VIII-3 Investment incomeUnrelated business −$22,812 · Excluded from tax $2,663,036$2,640,224
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsUnrelated business $118,859 · Excluded from tax $3,770,783$3,889,642
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,976,000$1,976,000
VIII-12 Total revenueRelated to mission $295,844,996 · Unrelated business $495,108 · Excluded from tax $7,380,762$316,624,866
Part IX · Statement of functional expenses $307,270,122 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $25,000$25,000
IX-2 Grants to domestic individualsPrograms $85,755,248$85,755,248
IX-3 Grants and assistance to foreign recipientsPrograms $6,594,508$6,594,508
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $303,923 · Management $3,944,393 · Fundraising $203,689$4,452,005
IX-6 Pay of disqualified personsPrograms $953,020 · Management $748,058$1,701,078
IX-7 Other salaries and wagesPrograms $85,149,000 · Management $12,823,648 · Fundraising $3,400,280$101,372,928
IX-8 Pension plan contributionsPrograms $6,396,076 · Management $1,546,560 · Fundraising $299,569$8,242,205
IX-9 Other employee benefitsPrograms $9,973,960 · Management $2,411,686 · Fundraising $467,144$12,852,790
IX-10 Payroll taxesPrograms $5,300,707 · Management $1,281,702 · Fundraising $248,266$6,830,675
IX-11a Management feesPrograms $762,697 · Management $414,552 · Fundraising $247,946$1,425,195
IX-11b Legal feesPrograms $65,246 · Management $516,621 · Fundraising $1,050$582,917
IX-11c Accounting feesManagement $443,222$443,222
IX-11d Lobbying feesManagement $18,870$18,870
IX-11e Professional fundraising feesFundraising $16,590$16,590
IX-11f Investment management feesManagement $2,866,122$2,866,122
IX-11g Other fees for servicesPrograms $2,407,325 · Management $135,001$2,542,326
IX-12 Advertising and promotionPrograms $1,391,747 · Management $344,785 · Fundraising $25,044$1,761,576
IX-13 Office expensesPrograms $4,478,522 · Management $1,602,977 · Fundraising $129,794$6,211,293
IX-14 Information technologyPrograms $2,595,611 · Management $2,155,731 · Fundraising $65,049$4,816,391
IX-15 Royalties$0
IX-16 OccupancyPrograms $12,122,427 · Management $593,601 · Fundraising $960$12,716,988
IX-17 TravelPrograms $1,450,594 · Management $398,957 · Fundraising $226,722$2,076,273
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $2,272,114 · Management $317,708 · Fundraising $89,987$2,679,809
IX-20 InterestPrograms $6,778,688 · Management $417,539$7,196,227
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $19,077,467 · Management $1,085,339$20,162,806
IX-23 InsurancePrograms $51,340 · Management $670,234$721,574
IX-24 Other expenses (24a–d)Programs $9,479,174 · Management $3,646,872 · Fundraising $79,460$13,205,506
IX-25 Total functional expensesPrograms $263,384,394 · Management $38,384,178 · Fundraising $5,501,550$307,270,122
Part X · Balance sheet $681,081,992 assets, 24 lines filed
Asset lines not itemized here account for $3,076,764; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $47,191,174$89,015,920
X-3 Pledges and grants receivableStart of year $2,092,755$4,761,313
X-4 Accounts receivableStart of year $1,302,167$2,775,401
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $4,218,472$4,201,355
X-10c Land, buildings and equipment, netStart of year $308,633,000$304,062,000
X-11 Publicly traded securitiesStart of year $179,255,000$164,633,289
X-12 Other securitiesStart of year $106,888,000$108,186,000
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $3,919,085$369,950
X-16 Total assetsStart of year $657,775,151$681,081,992
X-17 Accounts payable and accrued expensesStart of year $28,796,000$33,083,709
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $7,841,000$12,231,607
X-20 Tax-exempt bond liabilitiesStart of year $165,843,000$160,805,263
X-24 Unsecured notes and loans payableStart of year $0$25,000,000
X-25 Other liabilitiesStart of year $33,807,151$38,466,413
X-26 Total liabilitiesStart of year $236,287,151$269,586,992
X-27 Net assets without donor restrictionsStart of year $300,804,000$293,027,000
X-28 Net assets with donor restrictionsStart of year $120,684,000$118,468,000
X-32 Total net assets or fund balancesStart of year $421,488,000$411,495,000
X-33 Total liabilities and net assetsStart of year $657,775,151$681,081,992
Part XI · Reconciliation of net assets $411,495,000 net assets at year end
XI-1 Total revenue$316,624,866
XI-2 Total expenses$307,270,122
XI-3 Revenue less expenses$9,354,744
XI-4 Net assets at start of year$421,488,000
XI-5 Net unrealized gains (losses) on investments−$6,808,744
XI-9 Other changes in net assets−$12,539,000
XI-10 Net assets at end of year$411,495,000

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.