//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Walter & Cecile Borchert Scholarship Fund is a private trust based in BUFFALO, NY. The foundation received its IRS ruling in 1993. The principal officer is M&T Trust Co. It holds total assets of $619K. Annual income is reported at $175K. Total assets have grown from $509K in 2011 to $617K in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including New York, South Carolina, Virginia. According to available records, Walter & Cecile Borchert Scholarship Fund has made 30 grants totaling $146K, with a median grant of $5K. Annual giving has decreased from $41K in 2020 to $30K in 2023. Grantmaking activity was highest in 2022 with $75K distributed across 14 grants. Individual grants have ranged from $2K to $8K, with an average award of $5K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New York, Virginia, New Jersey, which account for 87% of all grants. Grantmaking reaches organizations across 6 states.
Smallest Grant
$3K
Median Grant
$6K
Average Grant
$6K
Largest Grant
$8K
Based on 7 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.
Walter & Cecile Borchert Scholarship Fund 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 NY, VA, NJ.
Walter & Cecile Borchert Scholarship Fund has distributed a total of $146K across 30 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $8K.
The application deadline is NO DEADLINE. Senior persuing undergrad degrees selection based on character, achievement and community service.
Walter & Cecile Borchert Scholarship Fund is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| M T Bank | TRUSTEE | $11K | $0 | $11K |
Total Giving
$43K
Total Assets
$617K
Fair Market Value
$696K
Net Worth
$617K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$33K
Total: $600K
Total Grants
30
Total Giving
$146K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
20
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| College Of William & MarySCHOLARSHIP | Williamsburg, VA | $8K | 2020 |
| University Of PittsburghSCHOLARSHIP | Pittsburgh, PA | $4K | 2023 |
| Binghamton UniversitySCHOLARSHIP | Binghamton, NY | $4K | 2023 |
| Treasurer Of Virginia TechSCHOLARSHIP | Blacksburg, VA | $4K | 2023 |
| Rochester Institute Of TechnologySCHOLARSHIP | Rochester, NY | $4K | 2023 |
| Onondaga Community CollegeSCHOLARSHIP | Syracuse, NY | $3K | 2023 |
| St John Fisher UniversitySCHOLARSHIP | Rochester, NY | $3K | 2023 |
| Santa Monica CollegeSCHOLARSHIP | Santa Monica, CA | $3K | 2023 |
| Suny Broome Community CollegeSCHOLARSHIP | Binghamton, NY | $3K | 2023 |
| Suny OswegoSCHOLARSHIP | Oswego, NY | $3K | 2023 |
| Clarkson UniversitySCHOLARSHIP | Potsdam, NY | $8K | 2022 |
| University Of RochesterSCHOLARSHIP AWARD | Rochester, NY | $7K | 2022 |
| Rutgers UniversitySCHOLARSHIP | New Brunswick, NJ | $6K | 2022 |
| Hamilton CollegeSCHOLARSHIP | Clinton, NY | $5K | 2022 |
| University At BuffaloSCHOLARSHIP | Buffalo, NY | $5K | 2022 |
| Lemoyne CollegeSCHOLARSHIP AWARD | Albany, NY | $2K | 2022 |
| Coastal Carolina UniversitySCHOLARSHIP | Conway, SC | $8K | 2020 |
| Haverford CollegeSCHOLARSHIP | Haverford, PA | $4K | 2020 |
| St John Fisher CollegeSCHOLARSHIP | Rochester, NY | $4K | 2020 |
| Cornell UniversitySCHOLARSHIP | Ithaca, NY | $3K | 2020 |