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Alan & Ruth Borenstein Medical Scholarship Fund 14209226 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1994. The principal officer is % Northern Trust Co. It holds total assets of $1.8M. Annual income is reported at $508K. According to available records, Alan & Ruth Borenstein Medical Scholarship Fund 14209226 has made 8 grants totaling $205K, with a median grant of $26K. Annual giving has decreased from $120K in 2022 to $85K in 2023. Individual grants have ranged from $21K to $30K, with an average award of $26K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
Alan & Ruth Borenstein Medical Scholarship Fund 14209226 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, CA.
Alan & Ruth Borenstein Medical Scholarship Fund 14209226 has distributed a total of $205K across 8 grants. The median grant size is $26K, with an average of $26K. Individual grants have ranged from $21K to $30K.
Alan & Ruth Borenstein Medical Scholarship Fund 14209226 typically selects its grantees rather than accepting unsolicited proposals.
Alan & Ruth Borenstein Medical Scholarship Fund 14209226 is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Greenberg | TRUSTEE | $24K | $0 | $24K |
| Northern Trust Company | TRUSTEE | $16K | $0 | $16K |
Total Giving
$131K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.9M
Grants Paid
$85K
Contributions
$0
Net Investment Income
$51K
Distribution Amount
$88K
Total: $1.8M
Total Grants
8
Total Giving
$205K
Average Grant
$26K
Median Grant
$26K
Unique Recipients
4
Most Common Grant
$21K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends OfSCHOLARSHIPS | New York, NY | $21K | 2023 |
| Albert Einstein CollegeSCHOLARSHIPS | New York, NY | $21K | 2023 |
| Stanford UniversitySCHOLARSHIPS | Stanford, CA | $21K | 2023 |
| Columbia UniversitySCHOLARSHIPS | New York, NY | $21K | 2023 |
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