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Borders Farm Preservation Inc. is a private corporation based in FOSTER, RI. The foundation received its IRS ruling in 2003. The principal officer is Susan Joyce. It holds total assets of $3.4M. Annual income is reported at $1.3M. Total assets have grown from $1.1M in 2011 to $3.4M in 2024. The foundation is governed by 10 officers and trustees. To own and maintain the property and the endowment and have programs to fund Borders Farm, Inc. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Borders Farm Preservation Inc. has made 7 grants totaling $861K, with a median grant of $100K. Annual giving has decreased from $300K in 2021 to $224K in 2024. Individual grants have ranged from $97K to $224K, with an average award of $123K. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
To own and maintain the property and the endowment and have programs to fund Borders Farm, Inc.
To own and maintain the property and the endowment and have programs to fund Borders Farm, Inc. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in RI.
Borders Farm Preservation Inc. has distributed a total of $861K across 7 grants. The median grant size is $100K, with an average of $123K. Individual grants have ranged from $97K to $224K.
Borders Farm Preservation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Borders Farm Preservation Inc. is headquartered in FOSTER, RI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Bazelak | Director | $0 | $0 | N/A |
| Betty Simmons | Director | $0 | $0 | N/A |
| Allyson Wojtaszek | Director | $0 | $0 | N/A |
| Cherisse Bandy | Vice President | $0 | $0 | N/A |
| Linda Tibbetts | President | $0 | $0 | N/A |
| Helen Hardy | Secretary | $0 | $0 | N/A |
| Phil Keefe | Director | $0 | $0 | N/A |
| Hilary Downes-Fortune | Director | $0 | $0 | N/A |
| Charles Thomas Goucher Jr | Director | $0 | $0 | N/A |
| Susan Joyce | Treasurer | $0 | $0 | N/A |
Total Giving
$224K
Total Assets
$3.4M
Fair Market Value
$3.4M
Net Worth
$3.4M
Grants Paid
$224K
Contributions
$80K
Net Investment Income
$422K
Distribution Amount
N/A
Total: $602K
Total Grants
7
Total Giving
$861K
Average Grant
$123K
Median Grant
$100K
Unique Recipients
1
Most Common Grant
$100K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Borders Farm IncFinance Farm Operations. Maintain Property on the National Historic Registry | Foster, RI | $224K | 2024 |