//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Borden Foundation is a private corporation based in GOLDSBORO, NC. The foundation received its IRS ruling in 2002. The principal officer is Edwin B Borden. It holds total assets of $2.4M. Annual income is reported at $685K. Total assets have grown from $707K in 2011 to $2.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Borden Foundation has made 104 grants totaling $242K, with a median grant of $1K. Annual giving has grown from $86K in 2020 to $156K in 2022. Individual grants have ranged from N/A to $30K, with an average award of $2K. The foundation has supported 50 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$500
Average Grant
$2K
Largest Grant
$30K
Based on 42 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Borden Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 104 grants. Its grantmaking reaches organizations primarily in NC, VA, DC.
Borden Foundation has distributed a total of $242K across 104 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from N/A to $30K.
Borden Foundation typically selects its grantees rather than accepting unsolicited proposals.
Borden Foundation is headquartered in GOLDSBORO, NC. While based in NC, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Lee Borden | PRESIDENT/TR | $0 | $0 | N/A |
| Martha B Roberson | SECRETARY | $0 | $0 | N/A |
| Martin W Borden | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$162K
Total Assets
$2.2M
Fair Market Value
$3.6M
Net Worth
$2.2M
Grants Paid
$160K
Contributions
N/A
Net Investment Income
$225K
Distribution Amount
$158K
Total: $599K
Total Grants
104
Total Giving
$242K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
50
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyPROGRAM SUPPORT | Raleigh, NC | $1K | 2022 |
| United Way-Wayne CountyPROGRAM SUPPORT | Goldsboro, NC | $15K | 2022 |
| University Of Mount OlivePROGRAM SUPPORT | Mount Olive, NC | $13K | 2022 |
| Foundation Of Wayne Comm CollegePROGRAM SUPPORT | Goldsboro, NC | $10K | 2022 |
| Habitat For Humanity- Orange CountyPROGRAM SUPPORT | Chapel Hill, NC | $5K | 2022 |
| Boys And Girls ClubsPROGRAM SUPPORT | Raleigh, NC | $4K | 2022 |
| University Of North CarolinaPROGRAM SUPPORT | Chapel Hill, NC | $4K | 2022 |
| Wayne County Development AlliancePROGRAM SUPPORT | Goldsboro, NC | $3K | 2022 |
| The Arts And Sciences FoundationPROGRAM SUPPORT | Chapel Hill, NC | $3K | 2022 |
| American Red CrossPROGRAM SUPPORT | Washington, DC | $3K | 2022 |
| Special Olympics - Area 13PROGRAM SUPPORT | Winchester, VA | $2K | 2022 |
| Boy Scouts Of America - TuscaroraPROGRAM SUPPORT | Goldsboro, NC | $2K | 2022 |
| Nc Zoological SocietyPROGRAM SUPPORT | Asheboro, NC | $1K | 2022 |
| North Carolina Aquarium SocietyPROGRAM SUPPORT | Raleigh, NC | $1K | 2022 |
| Preservation North CarolinaPROGRAM SUPPORT | Raleigh, NC | $1K | 2022 |
| Salvation Army Of GoldsboroPROGRAM SUPPORT | Goldsboro, NC | $1K | 2022 |
| Community Soup KitchenPROGRAM SUPPORT | Goldsboro, NC | $1K | 2022 |
| Flynn Christian HomePROGRAM SUPPORT | Goldsboro, NC | $1K | 2022 |
| Girls On The Run-Shenandoah ValleyPROGRAM SUPPORT | Winchester, VA | $1K | 2022 |
| Healthy Families N Shenandoah ValPROGRAM SUPPORT | Winchester, VA | $1K | 2022 |
| Higher Education Works FoundationPROGRAM SUPPORT | Raleigh, NC | $1K | 2022 |
| Nature ConservancyPROGRAM SUPPORT | Durham, NC | $1K | 2022 |
| Wayne Opportunity Center IncPROGRAM SUPPORT | Goldsboro, NC | $1K | 2022 |
| Young Life Wayne CountyPROGRAM SUPPORT | Goldsboro, NC | $1K | 2022 |