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Borra Family Foundation is a private corporation based in BOCA GRANDE, FL. The foundation received its IRS ruling in 1997. The principal officer is % Renee A Borra. It holds total assets of $3.2M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Borra Family Foundation has made 4 grants totaling $1.6M, with a median grant of $425K. Annual giving has grown from $400K in 2021 to $1.1M in 2022. Individual grants have ranged from $200K to $500K, with an average award of $388K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and Michigan. Contributions to this foundation are tax-deductible.
Borra Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in OH, MI.
Borra Family Foundation has distributed a total of $1.6M across 4 grants. The median grant size is $425K, with an average of $388K. Individual grants have ranged from $200K to $500K.
Borra Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Borra Family Foundation is headquartered in BOCA GRANDE, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Renee A Borra | PRESIDENT | $0 | $0 | $0 |
| Pier C Borra | VICE PRESIDENT | $0 | $0 | $0 |
| Pier C Borra Jr | TRUSTEE | $0 | $0 | $0 |
| Kathe Borra | TRUSTEE | $0 | $0 | $0 |
Total Giving
$967K
Total Assets
$3.2M
Fair Market Value
$3.2M
Net Worth
$3.2M
Grants Paid
$950K
Contributions
$150K
Net Investment Income
$65K
Distribution Amount
$166K
Total: $2.3M
Total Grants
4
Total Giving
$1.6M
Average Grant
$388K
Median Grant
$425K
Unique Recipients
3
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rhodes State College FoundationHEALTH SCIENCES SCHOLARSHIPS | Lima, OH | $500K | 2022 |
| Mclaren Northern Michigan FoundationGENERAL | Petoskey, MI | $450K | 2022 |
| North Central Michigan College FoundationGENERAL | Petoskey, MI | $200K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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