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Borden Fund Inc. is a private corporation based in GOLDSBORO, NC. The foundation received its IRS ruling in 1963. It holds total assets of $1.6M. Annual income is reported at $1M. Total assets have grown from $1.2M in 2011 to $1.5M in 2023. The foundation is governed by 3 officers and trustees. 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 Fund Inc. has made 175 grants totaling $438K, with a median grant of $2K. Annual giving has grown from $82K in 2020 to $217K in 2022. Individual grants have ranged from N/A to $29K, with an average award of $3K. The foundation has supported 66 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, District of Columbia, which account for 89% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 43 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 Fund Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 175 grants. Its grantmaking reaches organizations primarily in NC, VA, DC.
Borden Fund Inc. has distributed a total of $438K across 175 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from N/A to $29K.
Borden Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Borden Fund Inc. is headquartered in GOLDSBORO, NC. While based in NC, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Lee Borden | PRES/TREAS | $30K | $0 | $30K |
| Martha B Roberson | SECRETARY | $0 | $0 | N/A |
| Robert H Borden | VICE PRES | $0 | $0 | N/A |
Total Giving
$214K
Total Assets
$1.5M
Fair Market Value
$3.4M
Net Worth
$1.5M
Grants Paid
$164K
Contributions
N/A
Net Investment Income
$233K
Distribution Amount
$159K
Total Grants
175
Total Giving
$438K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
66
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Mary'S SchoolPROGRAM SUPPORT | Raleigh, NC | $5K | 2022 |
| First Presbyterian ChurchPROGRAM SUPPORT | Greensboro, NC | $3K | 2022 |
| University Of Mount OlivePROGRAM SUPPORT | Mount Olive, NC | $13K | 2022 |
| United Way-Wayne CountyPROGRAM SUPPORT | Goldsboro, NC | $10K | 2022 |
| American Red CrossPROGRAM SUPPORT | Washington, DC | $8K | 2022 |
| Wayne County Boys & Girls ClubPROGRAM SUPPORT | Goldsboro, NC | $5K | 2022 |
| The Salvation ArmyPROGRAM SUPPORT | Goldsboro, NC | $5K | 2022 |
| Wayne Opportunity CenterPROGRAM SUPPORT | Goldsboro, NC | $5K | 2022 |
| Habitat For Humanity-Orange CountyPROGRAM SUPPORT | Chapel Hill, NC | $5K | 2022 |
| Woodberry Forest SchoolPROGRAM SUPPORT | Woodberry Forest, VA | $4K | 2022 |
| Flynn Christian Fellowship HomePROGRAM SUPPORT | Wilson, NC | $4K | 2022 |
| Unc - Chapel HillPROGRAM SUPPORT | Chapel Hill, NC | $4K | 2022 |
| Boy Scouts-TuscaroraPROGRAM SUPPORT | Goldsboro, NC | $3K | 2022 |
| Community Soup KitchenPROGRAM SUPPORT | Goldsboro, NC | $3K | 2022 |
| Wayne Pregnancy CenterPROGRAM SUPPORT | Goldsboro, NC | $3K | 2022 |
| Wayne County Recovery CorporationPROGRAM SUPPORT | Goldsboro, NC | $3K | 2022 |
| The Arts And Sciences FoundationPROGRAM SUPPORT | Chapel Hill, NC | $3K | 2022 |
| Kiwanis Club Of GoldsboroPROGRAM SUPPORT | Goldsboro, NC | $3K | 2022 |
| Nc SymphonyPROGRAM SUPPORT | Raleigh, NC | $3K | 2022 |
| Unc Health FoundationPROGRAM SUPPORT | Chapel Hill, NC | $2K | 2022 |
| The Asheville SchoolPROGRAM SUPPORT | Asheville, NC | $2K | 2022 |
| North Caroliniana SocietyPROGRAM SUPPORT | Chapel Hill, NC | $2K | 2022 |
| Young Life Wayne CountyPROGRAM SUPPORT | Goldsboro, NC | $2K | 2022 |
| Wayne Cmmty College FoundPROGRAM SUPPORT | Goldsboro, NC | $2K | 2022 |
| Metropolitan Opera AssocPROGRAM SUPPORT | New York, NY | $1K | 2022 |