You’re viewing the FY2023 filing — not the latest on file.
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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
87 cents of each dollar spent went to programs.
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
39 people listed on the 990; $6.1M paid to officers and key staff.
Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/Trustee
$840,499Pt VII · Sec A
VP, CFO/Treasurer
$420,269Pt VII · Sec A
Professor
$405,640Pt VII · Sec A
Professor
$378,019Pt VII · Sec A
Professor; Former Provost
$373,792Pt VII · Sec A
Professor
$364,047Pt VII · Sec A
Professor
$347,083Pt VII · Sec A
VP, Enrollment Management
$345,763Pt VII · Sec A
Dean of Arts & Sciences; Prof
$320,397Pt VII · Sec A
VP, Student Affairs & Dean
$318,400Pt VII · Sec A
VP/General Counsel & Secretary
$311,162Pt VII · Sec A
VP & CIO
$292,716Pt VII · Sec A
VP, Human Resources
$282,746Pt VII · Sec A
VP, Marketing & Comm.
$269,735Pt VII · Sec A
Former Interim CFO
$256,513Pt VII · Sec A
VP, Div/Inclusion
$214,117Pt VII · Sec A
Provost/VP, Aca Aff (eff 8/22)
$189,856Pt VII · Sec A
VP, Strategy/Innov. (eff 9/22)
$91,893Pt VII · Sec A
VP, Advancement (eff 11/22)
$89,684Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Chair
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| 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 →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
Your first name shows with your question. Bentley University answers here, for everyone.
1 program · $288.7M · in their own filed words · FY2022
01
Tuition, fees, and auxiliarybentley has been educating business-minded students since harry c. Bentley first convened 30 accounting students on huntington avenue in boston in 1917. We have continuously adapted to become one of the top business universities in the U.S., combining business with arts and science to prepare successful…
$288.7Mprogram 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
Manfredi Family FoundationFY2025$25K
Regan Family Foundation INCFY2025$5K
Clinton G Mills Trust Uw 1-25103-01FY2025$4K
Rauch Rainoff Foundation INCFY2025$1K
Total grants receivedfrom 6 funders$57K
Grants paid · 35 grants · $581.2M · 2019–2024
Unitemized GrantFY2024$122,622,639
Oregon State University FoundationOR · FY2024$78,030
Carleton CollegeMN · FY2024$32,258
Massachusetts Conference for Women INCMA · FY2024$30,000
Louisiana Universities Marine ConsortiumFY2024$24,849
Florida International UniversityFY2024$20,324
Massachusetts High Technology Council INCMA · FY2024$12,000
Greater Boston Chamber of CommerceMA · FY2024$10,000
Unitemized GrantFY2023$103,788,912
Florida International UniversityFY2023$80,519
Carleton CollegeMN · FY2023$68,344
Massachusetts Conference for Women INCMA · FY2023$25,000
Oregon State University FoundationOR · FY2023$20,925
University of DelawareDE · FY2023$18,898
Unitemized GrantFY2022$93,385,452
Carleton CollegeMN · FY2022$82,714
Oregon State University FoundationOR · FY2022$64,357
Louisiana Universities Marine ConsortiumFY2022$52,525
Federal money
Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $34.8M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$27.1M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$5.8M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$612K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$511K
Congressional GrantsSmall Business Administration · ALN 59.059 · Direct$306K
Plus 7 smaller programs.
The auditor reported no findings.
Year ending Jun 2024 · $33.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$25.9M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$4.0M
Disaster Grants - Public Assistance (presidentially Declared Disasters)Department of Homeland Security · ALN 97.036 · Through Massachusetts Emergency Management Agency$1.3M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$681K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$511K
Plus 9 smaller programs.
The auditor reported 2 findings: a weakness in money controls.
Year ending Jun 2023 · $28.9M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$22.9M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.4M
Disaster Grants - Public Assistance (presidentially Declared Disasters)Department of Homeland Security · ALN 97.036 · Through Massachusetts Emergency Management Agency$675K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$639K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$511K
Plus 9 smaller programs.
The auditor reported 2 findings: a material weakness in money controls.
Year ending Jun 2022 · $34.8M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$21.8M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$7.0M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.7M
Disaster Grants - Public Assistance (presidentially Declared Disasters)Department of Homeland Security · ALN 97.036 · Through Massachusetts Emergency Management Agency$1.6M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$627K
Plus 12 smaller programs.
The auditor reported no findings.
By the numbers
The FY2023 990, line by line.
Download 990
1The main four
Money inPt VIII
$347.7M
Ln 12
Fees for servicesLn 2g$327.2M
Gifts and grantsLn 1h$10.3M
Investment incomeLn 3$9.2M
Money outPt IX
$333.7M
Ln 25
Programscol B$288.7M
Managementcol C$39.6M
Fundraisingcol D$5.3M
Owns and owesPt X
$549.8M
net assets · Ln 32
Cash and savingsLn 1–2$104.4M
Total assetsLn 16$753.0M
LiabilitiesLn 26$203.3M
PeoplePt VI, VII
39
listed · VII A
PaidVII A19
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.3M
Government grantsLn 1e$2.3M
Noncash giftsLn 1g$97K
Fees for servicesLn 2g$327.2M
Investment incomeLn 3$9.2M
Other incomeLn 4–11$1.0M
Gains on assetsLn 7$3.1M
Total revenueLn 12$347.7M
Assets in detailPt X, end of year
SavingsLn 2$104.4M
Cash and savings togetherLn 1–2$104.4M
InvestmentsLn 11–13$345.1M
Land, buildings, equipmentLn 10c$293.3M
Total assetsLn 16$753.0M
LiabilitiesLn 26$203.3M
Net assetsLn 32$549.8M
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$162.8M
Bond issues listedSch K Pt I3
Raised by those issuesSch K Pt I$155.5M
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$12.2M
Noncash gifts receivedSch M Pt I$97K
EndowmentSch D · Pt V
| Line | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|
| End of yearLn 1g | $333.9M | $333.1M | $359.2M | $263.2M | $276.5M |
| Given inLn 1b | $2.0M | $3.6M | $3.5M | $1.8M | $1.4M |
| SpentLn 1d–1f | $14.4M | $13.1M | $12.3M | $12.0M | $11.9M |
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $99.1M | $104.4M |
| InvestmentsLn 11–13 | $344.4M | $345.1M |
| Land, buildings, equipmentLn 10c | $293.1M | $293.3M |
| Total assetsLn 16 | $744.4M | $753.0M |
| LiabilitiesLn 26 | $218.6M | $203.3M |
| Net assetsLn 32 | $525.8M | $549.8M |
5Every line
Statement of functional expensesPt IX · every line
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $260K | $260K | ||
| Grants to domestic individualsLn 2 | $93.4M | $93.4M | ||
| Grants and assistance to foreign recipientsLn 3 | $12.2M | $12.2M | ||
| Pay of current officers, directors and key staffLn 5 | $4.0M | $639K | $3.3M | $54K |
| Pay of disqualified personsLn 6 | $257K | $257K | ||
| Other salaries and wagesLn 7 | $106.4M | $87.9M | $15.3M | $3.2M |
| Pension plan contributionsLn 8 | $8.3M | $6.8M | $1.3M | $281K |
| Other employee benefitsLn 9 | $13.2M | $10.7M | $2.1M | $445K |
| Payroll taxesLn 10 | $7.2M | $5.9M | $1.1M | $244K |
| Management feesLn 11a | $1.8M | $884K | $895K | |
| Legal feesLn 11b | $916K | $916K | ||
| Accounting feesLn 11c | $375K | $375K | ||
| Lobbying feesLn 11d | $23K | $23K | ||
| Professional fundraising feesLn 11e | $174K | $174K | ||
| Investment management feesLn 11f | $2.8M | $2.8M | ||
| Other fees for servicesLn 11g | $2.8M | $2.7M | $163K | |
| Advertising and promotionLn 12 | $3.3M | $3.3M | $32K | $14K |
| Office expensesLn 13 | $7.5M | $6.1M | $1.3M | $103K |
| Information technologyLn 14 | $5.3M | $3.7M | $1.5M | $121K |
| OccupancyLn 16 | $16.6M | $15.7M | $856K | $341 |
| TravelLn 17 | $3.2M | $2.8M | $219K | $242K |
| Conferences, conventions and meetingsLn 19 | $3.3M | $2.0M | $1.1M | $115K |
| InterestLn 20 | $3.9M | $3.6M | $224K | |
| Depreciation, depletion and amortizationLn 22 | $17.6M | $16.6M | $1.0M | |
| InsuranceLn 23 | $1.1M | $73K | $1.0M | |
| Other expenses (24a–d)Ln 24 | $15.6M | $11.8M | $3.5M | $275K |
| All other expensesLn 24e | $2.0M | $1.7M | $221K | $44K |
| Total functional expensesLn 25 | $333.7M | $288.7M | $39.6M | $5.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 12, 2026 | $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 |
| FY2023 ViewingFiled 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 |
| FY2020Filed with the IRS May 14, 2021 | $316.6M | $307.3M | $9.4M | $411.5M | 990 PDF |
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 FY2023 990 (6 parts)
Part I · Summary $347,738,231 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $19,190,000$10,288,000
I-9 Program service revenuePrior year $319,168,000$327,178,000
I-10 Investment incomePrior year $12,015,044$9,232,056
I-11 Other revenuePrior year $1,517,000$1,040,175
I-12 Total revenuePrior year $351,890,044$347,738,231
I-13 Grants and similar amounts paidPrior year $104,803,498$105,894,107
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $136,660,997$139,493,670
I-16a Professional fundraising feesPrior year $102,100$174,370
I-17 Other expensesPrior year $82,818,514$88,109,389
I-18 Total expensesPrior year $324,385,109$333,671,536
I-19 Revenue less expensesPrior year $27,504,935$14,066,695
Part VI · Governance 20 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
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 $347,738,231 across 9 lines filed
VIII-1e Government grants$2,298,000
VIII-1f All other contributions, gifts and grants$7,990,000
VIII-1g Noncash contributions (included above)$96,857
VIII-1h Total contributions, gifts and grants$10,288,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $326,026,604 · Unrelated business $552,865 · Excluded from tax $598,531$327,178,000
VIII-3 Investment incomeUnrelated business $29,255 · Excluded from tax $6,087,363$6,116,618
VIII-7 Net gain or loss on sales of assetsUnrelated business $2,188 · Excluded from tax $3,113,250$3,115,438
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,040,175$1,040,175
VIII-12 Total revenueRelated to mission $327,066,779 · Unrelated business $584,308 · Excluded from tax $9,799,144$347,738,231
Part IX · Statement of functional expenses $333,671,536 across 27 lines filed
IX-1 Grants to domestic organizationsPrograms $260,030$260,030
IX-2 Grants to domestic individualsPrograms $93,385,452$93,385,452
IX-3 Grants and assistance to foreign recipientsPrograms $12,248,625$12,248,625
IX-5 Pay of current officers, directors and key staffPrograms $638,796 · Management $3,294,630 · Fundraising $53,811$3,987,237
IX-6 Pay of disqualified personsManagement $256,513$256,513
IX-7 Other salaries and wagesPrograms $87,916,958 · Management $15,301,375 · Fundraising $3,231,414$106,449,747
IX-8 Pension plan contributionsPrograms $6,759,524 · Management $1,296,365 · Fundraising $280,859$8,336,748
IX-9 Other employee benefitsPrograms $10,717,686 · Management $2,055,475 · Fundraising $445,321$13,218,482
IX-10 Payroll taxesPrograms $5,874,277 · Management $1,126,589 · Fundraising $244,077$7,244,943
IX-11a Management feesPrograms $883,593 · Management $894,879$1,778,472
IX-11b Legal feesManagement $915,775$915,775
IX-11c Accounting feesManagement $374,700$374,700
IX-11d Lobbying feesManagement $22,960$22,960
IX-11e Professional fundraising feesFundraising $174,370$174,370
IX-11f Investment management feesManagement $2,788,536$2,788,536
IX-11g Other fees for servicesPrograms $2,656,815 · Management $162,774$2,819,589
IX-12 Advertising and promotionPrograms $3,296,611 · Management $31,884 · Fundraising $14,112$3,342,607
IX-13 Office expensesPrograms $6,074,941 · Management $1,327,145 · Fundraising $103,168$7,505,254
IX-14 Information technologyPrograms $3,671,573 · Management $1,546,183 · Fundraising $121,437$5,339,193
IX-16 OccupancyPrograms $15,728,170 · Management $856,225 · Fundraising $341$16,584,736
IX-17 TravelPrograms $2,752,449 · Management $219,276 · Fundraising $242,366$3,214,091
IX-19 Conferences, conventions and meetingsPrograms $2,045,148 · Management $1,111,742 · Fundraising $115,364$3,272,254
IX-20 InterestPrograms $3,638,018 · Management $224,087$3,862,105
IX-22 Depreciation, depletion and amortizationPrograms $16,572,608 · Management $1,020,802$17,593,410
IX-23 InsurancePrograms $72,971 · Management $1,002,750$1,075,721
IX-24 Other expenses (24a–d)Programs $11,815,221 · Management $3,548,443 · Fundraising $275,333$15,638,997
IX-24e All other expensesPrograms $1,715,714 · Management $220,811 · Fundraising $44,464$1,980,989
IX-25 Total functional expensesPrograms $288,725,180 · Management $39,599,919 · Fundraising $5,346,437$333,671,536
Part X · Balance sheet $753,030,083 assets, 17 lines filed
X-2 Savings and temporary cash investmentsStart of year $99,124,261$104,356,461
X-3 Pledges and grants receivableStart of year $2,698,734$3,449,044
X-4 Accounts receivableStart of year $2,852,434$3,037,835
X-9 Prepaid expenses and deferred chargesStart of year $2,236,058$3,796,014
X-10c Land, buildings and equipment, netStart of year $293,098,000$293,274,000
X-11 Publicly traded securitiesStart of year $149,766,268$183,889,729
X-12 Other securitiesStart of year $194,588,000$161,227,000
X-16 Total assetsStart of year $744,363,755$753,030,083
X-17 Accounts payable and accrued expensesStart of year $31,423,179$24,665,393
X-19 Deferred revenueStart of year $8,475,475$7,689,623
X-20 Tax-exempt bond liabilitiesStart of year $170,317,512$162,784,186
X-25 Other liabilitiesStart of year $8,378,589$8,131,881
X-26 Total liabilitiesStart of year $218,594,755$203,271,083
X-27 Net assets without donor restrictionsStart of year $376,826,000$399,815,000
X-28 Net assets with donor restrictionsStart of year $148,943,000$149,944,000
X-32 Total net assets or fund balancesStart of year $525,769,000$549,759,000
X-33 Total liabilities and net assetsStart of year $744,363,755$753,030,083
Part XI · Reconciliation of net assets $549,759,000 net assets at year end
XI-1 Total revenue$347,738,231
XI-2 Total expenses$333,671,536
XI-3 Revenue less expenses$14,066,695
XI-4 Net assets at start of year$525,769,000
XI-5 Net unrealized gains (losses) on investments$10,369,305
XI-9 Other changes in net assets−$446,000
XI-10 Net assets at end of year$549,759,000
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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