Borowsky Family Foundation
- Assets
- $3.2m
- Revenue
- $82.8k
- Investments
- $3.1m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 23-2949444
Organization Overview
Borowsky Family Foundation is located in Philadelphia, PA. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borowsky 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.
For the year ending 12/2023, Borowsky Family Foundation generated $82.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $428.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Borowsky Family Foundation has awarded 339 individual grants totaling $2,909,886. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Wagman President/assistant Sec | 10 | $0 | |
Gwen Borowsky Camp Vice President/secretary | 2 | $0 | |
Ned Borowsky Vice President/asst Treasu | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39,677 |
| Dividends & Interest | $46,203 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,303 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,234 |
| Total Revenue | $82,811 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,965 |
| Total operating and administrative expenses | $24,485 |
| Contributions, gifts, grants paid | $404,320 |
| Total expenses and disbursements | $428,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,660 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $783,094 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,416 |
| Total assets | $3,174,214 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Borowsky Family Foundation has awarded $404,320 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: CONTRIBUTION | $75 |
FILLEL OF UNIVERSITY OF MEXICO PURPOSE: CONTRIBUTION | $100 |
OLD CITY JEWISH ARTS CENTER PURPOSE: CONTRIBUTION | $100 |
AMBULNZ PA PURPOSE: CONTRIBUTION | $175 |
FEMALE HEBREW BENEVOLENT SOCIETY PURPOSE: CONTRIBUTION | $200 |
JEWISH LEARNING VENTURE PURPOSE: CONTRIBUTION | $360 |