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Borglin Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $668K. Annual income is reported at $1.4M. Total assets have grown from $221K in 2021 to $441K 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 2021 to 2023. According to available records, Borglin Family Foundation has made 1 grants totaling $10K, with a median grant of $10K. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
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.
Borglin Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in WI.
Borglin Family Foundation has distributed a total of $10K across 1 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $10K to $10K.
Borglin Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Borglin Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Borglin | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$441K
Fair Market Value
$491K
Net Worth
$441K
Grants Paid
$10K
Contributions
$384K
Net Investment Income
$358K
Distribution Amount
$7K
Total: $432K
Total Grants
1
Total Giving
$10K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
1
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Whitewater Community FoundationFerradermis Conduit Fund | Whitewater, WI | $10K | 2023 |