Borden Foundation

Organization Overview

Borden Foundation is located in Goldsboro, NC. The organization was established in 2002. 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. Borden 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, Borden Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 70.1% each year . All expenses for the organization totaled $81.9k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Borden Foundation has awarded 295 individual grants totaling $550,782. 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.

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Board, Officers & Key Employees

Name (title)Compensation
W Lee Borden
President/tr
$0
Martin W Borden
Vice Preside
$0
Martha B Roberson
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,427,625
Interest on Savings $71
Dividends & Interest $36,681
Net Rental Income$0
Net Gain on Sale of Assets $21,309
Capital Gain Net Income $21,309
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,485,686

Grants Awarded

Over the last fiscal year, Borden Foundation has awarded $78,150 in support to 31 organizations.

Grant RecipientAmount

AMERICAN RED CROSS

PURPOSE: PROGRAM SUPPORT

$2,500

AMERICAN CANCER SOCIETY

PURPOSE: PROGRAM SUPPORT

$1,000

BOY SCOUTS OF AMERICA - TUSCARORA

PURPOSE: PROGRAM SUPPORT

$1,700

BOYS AND GIRLS CLUBS

PURPOSE: PROGRAM SUPPORT

$4,000

BOYS AND GIRLS CLUBS

PURPOSE: PROGRAM SUPPORT

$1,000

COMMUNITY SOUP KITCHEN

PURPOSE: PROGRAM SUPPORT

$1,000
View Grant Profile

Peer Organizations

Organization NameAssets
Goodnight Educational Foundation
Cary, NC
$6,481,834
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Argo Family Fund
Atlanta, GA
$16,759,071
Darnall W Boyd Foundation Inc
Columbia, SC
$8,499,212
Charles Koch Foundation Ii
Arlington, VA
$13,641
Wade L Layton Charitable Trust
Savannah, GA
$3,157,166
Spring Foundation Inc
Atlanta, GA
-$7,184,259
The Scott Hudgens Family Foundation Inc
Duluth, GA
$186,676
Plough Foundation
Memphis, TN
$6,515,829
Oak Hill Fund
Charlottesville, VA
$3,944,257
The Williams Brice Edwards Charitable Trust
Sumter, SC
$2,913,355
William Howard Flowers Jr
Thomasville, GA
$4,346,192
The Gift Of Hope Foundation Inc
Roswell, GA
$2,558,799
Tucker Foundation
Ooltewah, TN
$3,650,069
Mountain Mission School Endowment Foundation
Grundy, VA
$737,406
Edus H & Harriet H Warren Foundation Inc
Atlanta, GA
$46,804
The Ilsababy Foundation
Sullivans Island, SC
$385
The Horace G Fralin Charitable Trust
Roanoke, VA
$1,251,575
Highway Loss Data Institute
Arlington, VA
$5,760,266
Salt Water Fund
Winston Salem, NC
-$259,809
Msb Cockayne Fund Inc
Nashville, TN
$2,135,371
Annexstad Family Foundation Inc
Alpharetta, GA
$2,235,249
Luther C Fischer Foundation
Atlanta, GA
$2,202,075
Fleetwood Foundation Inc
Memphis, TN
$2,090,125
The Kelin Foundation
Atlanta, GA
$4,657,014

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