Borgen Family Foundation

Organization Overview

Borgen Family Foundation is located in Denver, CO. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Borgen 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 12/2021, Borgen Family Foundation generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Borgen Family Foundation has awarded 248 individual grants totaling $6,954,317. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $519,833
Interest on Savings $0
Dividends & Interest $426,117
Net Rental Income$0
Net Gain on Sale of Assets $1,441,517
Capital Gain Net Income $1,441,517
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,387,467

Grants Awarded

Over the last fiscal year, Borgen Family Foundation has awarded $1,247,000 in support to 38 organizations.

Grant RecipientAmount

SKI AND SNOWBOARD CLUB VAIL GOLD PEAK

Org PageRecipient Profile

Vail, CO

PURPOSE: CHARITY

$300,000

VAIL HEALTH FOUNDATION

PURPOSE: CHARITY

$300,000

Eagle, CO

PURPOSE: CHARITY

$77,500

WALKING MOUNTAINS SCIENCE CENTER

PURPOSE: CHARITY

$60,500

ELEVA-STRUM CARDINAL MANUFACTURING

PURPOSE: CHARITY

$50,000

COLORADO MOUNTAIN COLLEGE FOUNDATION

Org PageRecipient Profile

Glenwood Springs, CO

PURPOSE: CHARITY

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Borgen Family Foundation has recieved totaling $200.

Awarding OrganizationAmount
Gary And Colettie@cranston Family Charitable Trust

Fort Myers Beach, FL

PURPOSE: GRANT TO SUPPORT PROGRAM SERVICES

$200
View Grant Recipient Profile

Peer Organizations

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