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Borrego Foundation is a private corporation based in LARCHMONT, NY. The foundation received its IRS ruling in 1998. The principal officer is % Mary E Rubin. It holds total assets of $46M. Annual income is reported at $13.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Borrego Foundation has made 11 grants totaling $7.4M, with a median grant of $102K. Annual giving has decreased from $3M in 2020 to $2.1M in 2022. Individual grants have ranged from $50K to $2.5M, with an average award of $674K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New York and Indiana. Contributions to this foundation are tax-deductible.
Borrego Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NY, IN.
Borrego Foundation has distributed a total of $7.4M across 11 grants. The median grant size is $102K, with an average of $674K. Individual grants have ranged from $50K to $2.5M.
Borrego Foundation typically selects its grantees rather than accepting unsolicited proposals.
Borrego Foundation is headquartered in LARCHMONT, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary E Rubin | PRESIDENT | $0 | $0 | $0 |
| David Lieber | TRUSTEE | $0 | $0 | $0 |
Total Giving
$4M
Total Assets
$48M
Fair Market Value
$47.9M
Net Worth
$48M
Grants Paid
$3.6M
Contributions
$0
Net Investment Income
$7.9M
Distribution Amount
$2.4M
Total: $0
Total Grants
11
Total Giving
$7.4M
Average Grant
$674K
Median Grant
$102K
Unique Recipients
5
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Harvest IncGENERAL | New York, NY | $2M | 2022 |
| Brain And Behavior Researchgeneral | New York, NY | $100K | 2022 |
| Friends Of Larchmontmamaroneck Counseling Centergeneral | Larchmont, NY | $1M | 2021 |
| Center Of Reproductive RightsGENERAL | New York, NY | $100K | 2021 |
| Friends Of LarchmontGENERAL | Larchmont, NY | $50K | 2021 |
Other foundations that have funded Borrego Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Parker Foundation | $20K | 2023 | GENERAL SUPPORT |
| Heller Foundation Of San Diego 026626-00-06 | $15K | 2023 | GENERAL OPERATING |
| James & Lila Miller Charitable Trust | $10K | 2023 | ORGANIZATION'S CHARITABLE PURPOSE |
| James & Lila Miller Charitable Trust | $10K | 2023 | ORGANIZATION'S CHARITABLE PURPOSE |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Slaggie Family Foundation |
| $10K |
| 2023 |
| GENERAL SUPPORT |
| F1 Key Foundation | $2K | 2023 | Program Support |
| Sempra Energy Foundation | $250 | 2023 | ENVIRONMENT |
| Heller Foundation Of San Diego 026626-00-06 | $15K | 2022 | CHARITABLE |
| Slaggie Family Foundation | $10K | 2022 | GENERAL SUPPORT |
| Slaggie Family Foundation | $10K | 2022 | GENERAL SUPPORT |
| F1 Key Foundation | $2K | 2022 | Program Support |
| F1 Key Foundation | $2K | 2022 | Program Support |
| The Helmut Wolfgang Schumann Foundation | $500 | 2022 | General Support |
| Heller Foundation Of San Diego 026626-00-06 | $10K | 2021 | CHARITABLE |
| Pfizer Foundation Inc. | $250 | 2021 | MATCHING GIFTS |
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