Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $14.5M in 2011 to $46M in 2024. The foundation is governed by 2 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 2015 to 2024. 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.
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.
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 | N/A |
| David Lieber | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$46M
Fair Market Value
N/A
Net Worth
$46M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |