LaBelle Nature Park LaBelle Nature Park HouseHouse
- Foundation - Foundation Proposal -Proposal -
Presentation by:Presentation by:
John Capece, Ph.D.John Capece, Ph.D.
Intelligentsia International, Inc.Intelligentsia International, Inc.
Narrated by:Narrated by:
Cathy Perry, Intellitemps, Inc.Cathy Perry, Intellitemps, Inc.
Hendry County Courthouse, LaBelle, FloridaHendry County – Pop.
40,000Glades County – Pop.
12,000
LaBelleLaBelle
Nature Nature ParkPark
CaptainCaptainHendryHendryHouseHouse
Oxbow
Park HousePark House
CaloosahatcheeRiver
LaBelleLaBelle
Nature Nature ParkPark
Captain Captain Hendry Hendry HouseHouse
Oxbow
Park HousePark House
Caloosahatchee River
Hendry County Building Industry
0
50
100
150
200
250
300
350
400
450
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Nu
mb
er o
f N
ew B
uild
ing
Per
mit
s
Expenses Amount Annual Years
Purchase $116,000
Closing $4,000
Improvements $20,000
Interest $37,120 8% 4
Taxes $14,000 $3,500 4
Utilities $9,600 $4,800 2
Total $200,720
CHL Park House Holding Costs Estimate
SALE PRICE: $199,000
Paul Puletti, City of LaBelle Mayor
Hendry & Glades, combined, account for only 0.4% of total taxable property value in the 10 counties of south Florida,
The tax base of Hendry & Glades Counties is very limited.
% of Total
County $ Million
0.1% Glades $592
0.3% Hendry $2,329
2.6% Martin $19,328
3.2% Charlotte $23,369
3.5% Monroe $25,828
10.2% Collier $75,240
11.6% Lee $85,669
20.3% Broward $150,285
20.9% Palm Beach $154,186
27.4% Dade $202,125
100% TOTAL $738,950
Section of Tax Code
Description of Organization
General Nature of Activities
Contributions Allowable
501(c)(2)Title Holding Corporation For Exempt Organization
Holding title to property of an exempt organization
No
501(c)(3)Religious, Educational, Charitable, Scientific, Literary Organizations
Activities of nature implied by description of class of organization
Yes
Private Foundations
All 501(c)(3) organizations that don't qualify as public charities. Some private foundations are additionally subclassified as private operating foundations or private non-operating foundations, which receive some of the advantages of public charities.
Structure of Deed Holding Organization
2. John Capece, President
Intelligentsia International
3. Mel Karau, Past President
Rotary Club of LaBelle
Foundation Directors
1. Donor Representative1. Donor Representative
Other Potential Foundation Directors
Planning, Fundraising
Grants, Donations
Full vision of the Center goals
Goals – improving ongoing natural resources education programs for students
Goals – restoring Caloosahatchee oxbows
Goals – constructing canoe landing and outposts
Goals – constructing canoe and kayak trails
Goals – constructing natural resources education center
Goals – establishing international mentorship program
Foundation Project Costs
Purchase Price $199,000
Title Co. Closing Costs $3,100
Property Taxes $4,100
Homeowners Insurance $1,200
Survey $800
Appraisal Fee $300
Purchase Subtotal $208,500
Improvements & Maintenance $5,000
Foundation Administration $6,500
Project Total $220,000
LaBelle Nature Park LaBelle Nature Park HouseHouse
- Foundation - Foundation Proposal -Proposal -
Presentation by:Presentation by:
John Capece, Ph.D.John Capece, Ph.D.
Intelligentsia International, Inc.Intelligentsia International, Inc.
Narrated by:Narrated by:
Cathy Perry, Intellitemps, Inc.Cathy Perry, Intellitemps, Inc.
