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Borgen Family Foundation is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 1995. The principal officer is The Borgen Family Foundation. It holds total assets of $17.9M. Annual income is reported at $2.6M. Total assets have grown from $8.1M in 2011 to $18.5M in 2023. The foundation is governed by 1 officer or trustee. 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 Colorado. According to available records, Borgen Family Foundation has made 148 grants totaling $5.3M, with a median grant of $15K. The foundation has distributed between $1.2M and $2.6M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $2.6M distributed across 74 grants. Individual grants have ranged from $500 to $300K, with an average award of $35K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Colorado, Wisconsin, District of Columbia, which account for 89% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$29K
Largest Grant
$240K
Based on 39 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.
Borgen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 148 grants. Its grantmaking reaches organizations primarily in CO, WI, DC.
Borgen Family Foundation has distributed a total of $5.3M across 148 grants. The median grant size is $15K, with an average of $35K. Individual grants have ranged from $500 to $300K.
Borgen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Borgen Family Foundation is headquartered in DENVER, CO. While based in CO, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bjorn K Borgen | PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$18.5M
Fair Market Value
$33.5M
Net Worth
$18.4M
Grants Paid
$1.4M
Contributions
$2.9M
Net Investment Income
$2.6M
Distribution Amount
$1.4M
Total: $10.3M
Total Grants
148
Total Giving
$5.3M
Average Grant
$35K
Median Grant
$15K
Unique Recipients
51
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vail Health FoundationCHARITY | Vail, CO | $300K | 2023 |
| Eagle Valley Land TrustCHARITY | Edwards, CO | $140K | 2023 |
| Denver Botanic Gardens - ChatfieldCHARITY | Denver, CO | $125K | 2023 |
| University Of WisconsinCHARITY | Madison, WI | $100K | 2023 |
| Cycle EffectCHARITY | Eagle, CO | $88K | 2023 |
| Vail Valley FoundationCHARITY | Avon, CO | $68K | 2023 |
| Betty Ford Alpine GardensCHARITY | Vail, CO | $65K | 2023 |
| Walking Mountains Science CenterCHARITY | Avon, CO | $65K | 2023 |
| Students Shoulder-To-ShoulderCHARITY | Vail, CO | $54K | 2023 |
| Colorado Mountain College FoundationCHARITY | Glenwood Springs, CO | $50K | 2023 |
| Eleva-Strum ScholarshipCHARITY | Strum, WI | $50K | 2023 |
| Ski & Snowboard Club VailCHARITY | Vail, CO | $30K | 2023 |
| Rocky Mountain Land LibraryCHARITY | Denver, CO | $30K | 2023 |
| Vail Mountain SchoolCHARITY | Vail, CO | $30K | 2023 |
| American RiversCHARITY | Washington, DC | $25K | 2023 |
| Graland Country Day SchoolCHARITY | Denver, CO | $25K | 2023 |
| Nature ConservancyCHARITY | Denver, CO | $20K | 2023 |
| Teach For AmericaCHARITY | Denver, CO | $15K | 2023 |
| Colorado SucceedsCHARITY | Littleton, CO | $15K | 2023 |
| Community BuildersCHARITY | Glenwood Springs, CO | $15K | 2023 |
| Vail Veterans ProgramCHARITY | Vail, CO | $10K | 2023 |
| Kipp Colorado SchoolsCHARITY | Denver, CO | $10K | 2023 |
| High Country NewsCHARITY | Paonia, CO | $10K | 2023 |
| Round Up River RanchCHARITY | Gypsum, CO | $10K | 2023 |
| Youth On RecordCHARITY | Denver, CO | $10K | 2023 |
| Rachel'S NetworkCHARITY | Washington, DC | $10K | 2023 |
| Colorado Snowsports Museum & Hall Of FameCHARITY | Vail, CO | $6K | 2023 |
| Sonoran InstituteCHARITY | Tucson, AZ | $5K | 2023 |
| Rocky Mountain Repertory TheatreCHARITY | Grand Lake, CO | $5K | 2023 |
| Iliff School Of TheologyCHARITY | Denver, CO | $5K | 2023 |
| Denver Children'S HomeCHARITY | Denver, CO | $5K | 2023 |
| Proctor AcademyCHARITY | Andover, NH | $3K | 2023 |
| Love Light & MelodyCHARITY | Brevard, NC | $3K | 2023 |
| Middlebury CollegeCHARITY | Middlebury, VT | $2K | 2023 |
| Dartmouth SkiingCHARITY | Lyme Center, NH | $1K | 2023 |
| University Of DenverCHARITY | Denver, CO | $1K | 2023 |