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Borsand Family Foundation Inc. is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 2015. The principal officer is % Eileen P Borsand. It holds total assets of $6.3M. Annual income is reported at $1.5M. TO SUPPORT VARIOUS ORGANIZATIONS AND INDIVIDUALS THAT STRIVE TO PROVIDE JEWISH RELIGIOUS, EDUCATION AND CULTURAL SERVICES TO JEWISH COMMUNITIES IN THE UNITED STATES AND ABROAD. According to available records, Borsand Family Foundation Inc. has made 24 grants totaling $593K, with a median grant of $4K. Annual giving has grown from $216K in 2021 to $377K in 2022. Individual grants have ranged from $1K to $200K, with an average award of $25K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Michigan and Massachusetts and New York. Contributions to this foundation are tax-deductible.
TO SUPPORT VARIOUS ORGANIZATIONS AND INDIVIDUALS THAT STRIVE TO PROVIDE JEWISH RELIGIOUS, EDUCATION AND CULTURAL SERVICES TO JEWISH COMMUNITIES IN THE UNITED STATES AND ABROAD.
TO SUPPORT VARIOUS ORGANIZATIONS AND INDIVIDUALS THAT STRIVE TO PROVIDE JEWISH RELIGIOUS, EDUCATION AND CULTURAL SERVICES TO JEWISH COMMUNITIES IN THE UNITED STATES AND ABROAD. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in MI, MA, NY.
Borsand Family Foundation Inc. has distributed a total of $593K across 24 grants. The median grant size is $4K, with an average of $25K. Individual grants have ranged from $1K to $200K.
Borsand Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Borsand Family Foundation Inc. is headquartered in BLOOMFLD HLS, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eileen P Borsand | PRESIDENT | $0 | $0 | $0 |
| Gerald C Borsand | SECRETARY/TR | $0 | $0 | $0 |
| Lisa Carold Cohen | DIRECTOR | $0 | $0 | $0 |
| Jonathan Borsand | DIRECTOR | $0 | $0 | $0 |
| Marcy Lynn Forta | DIRECTOR | $0 | $0 | $0 |
Total Giving
$503K
Total Assets
$4.9M
Fair Market Value
$0
Net Worth
$4.9M
Grants Paid
$220K
Contributions
$50K
Net Investment Income
$76K
Distribution Amount
$244K
Total: $4M
Total Grants
24
Total Giving
$593K
Average Grant
$25K
Median Grant
$4K
Unique Recipients
10
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hyman & Sonia BlumensteinEDUCATION | Bloomfield Hills, MI | $10K | 2022 |
| Birmingham Bloomfield Chai CenterEDUCATION | Bloomfield Hills, MI | $160K | 2022 |
| Yeshivas Darchei Torah SchoolEDUCATION | Southfield, MI | $8K | 2022 |
| Jewish Federation Of Metro DetroitEDUCATION | Bloomfield Hills, MI | $4K | 2022 |
| Kollel Institute Of Greater DetroitEDUCATION | Oak Park, MI |
ASHTABULA, OH
NEW YORK, NY
MONSEY, NY
BROOKLYN, NY
RYE BROOK, NY
| Remy Elizabeth Polter |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Denise Suzanne Borsand | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $4K |
| 2022 |
| Detroit Symphony OrchestraEDUCATION | Detroit, MI | $1K | 2022 |
| Mesivta Of West BloomfieldEDUCATION | West Bloomfield, MI | $1K | 2022 |
| Chabad Center Of Acton IncEDUCATION | Lowell, MA | $1K | 2022 |
| Congregation Beth Tefilo Emanuel TiEDUCATION | Southfield, MI | $3K | 2021 |
| Detroit Friends Of Bonei OlamEDUCATION | Brooklyn, NY | $1K | 2021 |
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