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Borgenicht Foundation Inc. is a private corporation based in LONG VALLEY, NJ. The foundation received its IRS ruling in 2003. The principal officer is % Jack Borgenicht. It holds total assets of $10.4M. Annual income is reported at $5.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Borgenicht Foundation Inc. has made 79 grants totaling $2.4M, with a median grant of $20K. Annual giving has grown from $503K in 2021 to $1.2M in 2023. Individual grants have ranged from $1K to $100K, with an average award of $30K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Delaware, which account for 59% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Borgenicht Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in NY, DC, DE.
Borgenicht Foundation Inc. has distributed a total of $2.4M across 79 grants. The median grant size is $20K, with an average of $30K. Individual grants have ranged from $1K to $100K.
Borgenicht Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Borgenicht Foundation Inc. is headquartered in LONG VALLEY, NJ. While based in NJ, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regina Kerr Alonzo | Trustee | $20K | $0 | $20K |
| Frances Borgenicht | Trustee | $0 | $0 | $0 |
| David Bennett | Trustee | $0 | $0 | $0 |
| Yoel Borgenicht | Trustee | $0 | $0 | $0 |
| Berta Kerr | Trustee | $0 | $0 | $0 |
Total Giving
$752K
Total Assets
$10.5M
Fair Market Value
$12.3M
Net Worth
$10.5M
Grants Paid
$620K
Contributions
$0
Net Investment Income
$804K
Distribution Amount
$673K
Total: $10.2M
Total Grants
79
Total Giving
$2.4M
Average Grant
$30K
Median Grant
$20K
Unique Recipients
28
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Americans United For Separation ChuGENERAL FUND | Washington, DC | $100K | 2023 |
| Pef Endowment For Ajeec NispedGENERAL FUND | New York, NY | $90K | 2023 |
| The Abraham Fund InitiativesGENERAL FUND | New York, NY | $90K | 2023 |
| Rights And Religions ForumGENERAL FUND | Falls Church, VA | $50K | 2023 |
| FootstepsGENERAL FUND | New York, NY | $43K | 2023 |
| Jan Schwartz Baden |
| Trustee |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| EmbrellaGENERAL FUND | Princeton, NJ | $40K | 2023 |
| Delaware Center For Contemporary ArGENERAL FUND | Wilmington, DE | $27K | 2023 |
| Out MontclairGENERAL FUND | Montclair, NJ | $21K | 2023 |
| Hiddush Freedom Of Religion For IsrGENERAL FUND | Irvine, CA | $20K | 2023 |
| Pef Israel Endowment FundsGENERAL FUND | New York, NY | $20K | 2023 |
| Hillelpef EndowmentGENERAL FUND | New York, NY | $20K | 2023 |
| Los Gatos Museum AssociationGENERAL FUND | Los Gatos, CA | $20K | 2023 |
| Public Allies DelawareGENERAL FUND | Wilmington, DE | $18K | 2023 |
| ArtsquestGENERAL FUND | Bethlehem, PA | $15K | 2023 |
| Child IncGENERAL FUND | Wilmington, DE | $10K | 2023 |
| Montclair Art MuseumGENERAL FUND | Montclair, NJ | $10K | 2023 |
| Goucher CollegeGENERAL FUND | Baltimore, MD | $10K | 2023 |
| Wilmington AllianceGENERAL FUND | Wilmington, DE | $10K | 2023 |
| Parisi House On The HillGENERAL FUND | San Jose, CA | $5K | 2023 |
| Military Assoc Of Atheists FreethinGENERAL FUND | Washington, DC | $1K | 2023 |
| Pef Israel Endowmwnt FundsGENERAL FUND | New York, NY | $90K | 2022 |
| United Community CentersGENERAL FUND | Brooklyn, NY | $34K | 2022 |
| Hias IncGENERAL FUND | Silver Spring, MD | $20K | 2022 |
| Hiddush For IsraelGENERAL FUND | New York, NY | $20K | 2022 |
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