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Tom & Sarah Borman Foundation is a private corporation based in BIRMINGHAM, MI. The foundation received its IRS ruling in 1958. It holds total assets of $1.2M. Annual income is reported at $51K. Total assets have decreased from $1.9M in 2010 to $1.2M in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan, Illinois and Massachusetts. According to available records, Tom & Sarah Borman Foundation has made 30 grants totaling $465K, with a median grant of $1K. The foundation has distributed between $107K and $124K annually from 2020 to 2023. Individual grants have ranged from $1K to $116K, with an average award of $15K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Michigan, Illinois, Missouri, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$11K
Largest Grant
$100K
Based on 10 grants from the most recent 990-PF filing.
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.
Tom & Sarah Borman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in MI, IL, MO.
Tom & Sarah Borman Foundation has distributed a total of $465K across 30 grants. The median grant size is $1K, with an average of $15K. Individual grants have ranged from $1K to $116K.
Tom & Sarah Borman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tom & Sarah Borman Foundation is headquartered in BIRMINGHAM, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Todd Mendel | DIRECTOR | $0 | $0 | N/A |
| Paul D Borman | PRESIDENT | $0 | $0 | N/A |
| Johanna Borman | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$126K
Total Assets
$1.2M
Fair Market Value
$2.2M
Net Worth
$1.2M
Grants Paid
$124K
Contributions
N/A
Net Investment Income
$57K
Distribution Amount
$114K
Total Grants
30
Total Giving
$465K
Average Grant
$15K
Median Grant
$1K
Unique Recipients
14
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Federation Of Metro DetroitGENERAL CHARITABLE PURPOSES | Bloomfield Hills, MI | $116K | 2023 |
| Hillel Of Metro DetroitGENERAL CHARITABLE PURPOSES | Detroit, MI | $5K | 2023 |
| Jewish Wars Veterans Of The UsaGENERAL CHARITABLE PURPOSES | Berkley, MI | $1K | 2023 |
| Orchards Childrens ServicesGENERAL CHARITABLE PURPOSES | Southfield, MI | $1K | 2023 |
| World War I MuseumGENERAL CHARITABLE PURPOSES | Kansas City, MO | $1K | 2023 |
| Jack'S Place For AutismGENERAL CHARITABLE PURPOSES | Southfield, MI | $1K | 2022 |
| Alzheimers AssociationGENERAL CHARITABLE PURPOSES | Chicago, IL | $1K | 2022 |
| University Of Michigan - University Musical SocietyGENERAL CHARITABLE PURPOSES | Ann Arbor, MI | $1K | 2022 |
| Yiddish Book CenterGENERAL CHARITABLE PURPOSES | Amherst, MA | $1K | 2022 |
| Holocaust Memorial CenterGENERAL CHARITABLE PURPOSES | Farmington Hills, MI | $1K | 2022 |
| Wayne State UniversityGENERAL CHARITABLE PURPOSES | Detroit, MI | $1K | 2022 |
| National Yiddish Book CenterGENERAL CHARITABLE PURPOSES | Amherst, MA | $1K | 2021 |
| Yeshiva Beth YehudahGENERAL CHARITABLE PURPOSES | Southfield, MI | $1K | 2021 |
| Yad EzraGENERAL CHARITABLE PURPOSES | Berkley, MI | $3K | 2020 |