Borror Family Foundation
- Assets
- $739.6k
- Revenue
- $41.4k
- Investments
- $729.0k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 20-0523484
Organization Overview
Borror Family Foundation is located in Columbus, OH. The organization was established in 2004. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borror Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Borror Family Foundation has awarded 62 individual grants totaling $1,010,155. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS ORGANIZATIONS SERVING PEOPLE IN NEED AND OTHER ORGANIZATIONS WITH EDUCATIONAL AND YOUTH DEVELOPMENT, HEALTHCARE, SOCIAL SERVICES, COMMUNITY, AND OTHER CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
ARTS & HUMANITIES
HEALTH
SOCIAL SERVICES
URBAN AFFAIRS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas G Borror Director/chairman | OfficerTrustee | 1 | $0 |
John S Sokol Pres/treasurer/director | OfficerTrustee | 1 | $0 |
Danielle Borror Sugarman Director/secretary | OfficerTrustee | 1 | $0 |
Douglas F Kridler Asst Secretary | Officer | 1 | $0 |
Scott G Heitkamp Asst Treasurer | Officer | 1 | $0 |
David P Blom Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,857 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,857 |
| Total Program Service Revenue | $0 |
| Investment income | $12,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,110 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,390 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,650 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,323 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $70,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,612 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $728,997 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $739,609 |
| Accounts payable and accrued expenses | $18,800 |
| Grants payable | $25,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,800 |
| Net assets without donor restrictions | $695,809 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $739,609 |
Grants Awarded
Over the last fiscal year, Borror Family Foundation has awarded $17,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: HEALTH | $10,000 |
Aspen, CO PURPOSE: ARTS AND HUMANITIES | $7,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Others First Inc Rochester Hills, MI | $4,306,956 | $11,125,375 |
Harrison County Community Foundation Support Organ Inc Corydon, IN | $251,226,152 | $18,808,603 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
Old National Bank Foundation Inc Evansville, IN | $1,059,679 | $25,162 |
Peyback Foundation Inc Independence, OH | $4,792,942 | $1,855,787 |
Kentucky Casa Network Inc Louisville, KY | $365,575 | $1,855,866 |
S P Fenn No 1 Trust Ua Brooklyn, OH | $28,554,709 | $3,349,823 |
People Helping People Network Inc Indianapolis, IN | $544,778 | $1,807,428 |
Buckley Foundation Tr Philadelphia, PA | $31,437,731 | $1,169,391 |