Courtney Babcock Borntraeger Foundation
- Assets
- $4.2m
- Revenue
- $181.2k
- Investments
- $4.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2009
- Data as of
- 12/2022
- EIN
- 32-6080390
Organization Overview
Courtney Babcock Borntraeger Foundation is located in Wilmington, DE. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Courtney Babcock Borntraeger 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 12/2022, Courtney Babcock Borntraeger Foundation generated $181.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $247.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Courtney Babcock Borntraeger Foundation has awarded 52 individual grants totaling $606,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl W Borntraeger Trustee | 1 | $0 | |
Courtney B Borntraeger Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,261 |
| Dividends & Interest | $108,722 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,246 |
| Capital Gain Net Income | $99,285 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,170 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,183 |
| Total operating and administrative expenses | $99,032 |
| Contributions, gifts, grants paid | $148,000 |
| Total expenses and disbursements | $247,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $250,201 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,231,485 |
| 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, Courtney Babcock Borntraeger Foundation has awarded $148,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BARRIER ISLAND PARKS SOCIETY INC PURPOSE: HURRICANE DAMAGE FUND FOR THE BOCA GRANDE PROPERTY | $1,000 |
BOCA GRANDE UNITED METHODIST CHURCH PURPOSE: ZOE GROUP FUND AND GENERAL SUPPORT | $20,000 |
BOCA GRANDE WOMANS CLUB INC PURPOSE: HURRICANE IAN RELIEF FUND | $5,000 |
BOCA GRANDE WOMANS CLUB INC PURPOSE: SCHOLARSHIP FUND | $1,000 |
CANINE COMPANIONS FOR INDEPENDENCE - NORTH CENTRAL PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CRISIS CENTER NORTH INCORPORATION PURPOSE: GENERAL & UNRESTRICTED | $5,000 |