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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 $10.6M. Annual income is reported at $7.1M. Total assets have grown from $4.4M in 2011 to $10.5M in 2022. The foundation is governed by 6 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 2017 to 2023. Funding is distributed across 5 states, including New York, Delaware, District of Columbia. 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.
Smallest Grant
$1K
Median Grant
$20K
Average Grant
$28K
Largest Grant
$90K
Based on 18 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.
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 | N/A |
| David Bennett | Trustee | $0 | $0 | N/A |
| Yoel Borgenicht | Trustee | $0 | $0 | N/A |
| Berta Kerr | Trustee | $0 | $0 | N/A |
| Jan Schwartz Baden | Trustee | $0 | $0 | N/A |
Total Giving
$752K
Total Assets
$10.5M
Fair Market Value
$12.3M
Net Worth
$10.5M
Grants Paid
$620K
Contributions
N/A
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 |
| The Abraham Fund InitiativesGENERAL FUND | New York, NY | $90K | 2023 |
| Pef Endowment For Ajeec NispedGENERAL FUND | New York, NY | $90K | 2023 |
| Rights And Religions ForumGENERAL FUND | Falls Church, VA | $50K | 2023 |
| FootstepsGENERAL FUND | New York, NY | $43K | 2023 |
| EmbrellaGENERAL FUND | Princeton, NJ | $40K | 2023 |
| Delaware Center For Contemporary ArGENERAL FUND | Wilmington, DE | $27K | 2023 |
| Out MontclairGENERAL FUND | Montclair, NJ | $21K | 2023 |
| Hillelpef EndowmentGENERAL FUND | New York, NY | $20K | 2023 |
| Hiddush Freedom Of Religion For IsrGENERAL FUND | Irvine, CA | $20K | 2023 |
| Los Gatos Museum AssociationGENERAL FUND | Los Gatos, CA | $20K | 2023 |
| Pef Israel Endowment FundsGENERAL FUND | New York, NY | $20K | 2023 |
| Public Allies DelawareGENERAL FUND | Wilmington, DE | $18K | 2023 |
| ArtsquestGENERAL FUND | Bethlehem, PA | $15K | 2023 |
| Wilmington AllianceGENERAL FUND | Wilmington, DE | $10K | 2023 |
| Goucher CollegeGENERAL FUND | Baltimore, MD | $10K | 2023 |
| Montclair Art MuseumGENERAL FUND | Montclair, NJ | $10K | 2023 |
| Child IncGENERAL 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 |
| Hiddush For IsraelGENERAL FUND | New York, NY | $20K | 2022 |
| Pef Israel Endowmwnt Funds IncGENERAL FUND | New York, NY | $20K | 2022 |