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.
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 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $20,018 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $128,000 |
Total operating and administrative expenses | $158,378 |
Contributions, gifts, grants paid | $1,247,000 |
Total expenses and disbursements | $1,405,378 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,765 |
Savings and temporary cash investments | $3,235,068 |
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 | $894,067 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $14,991,648 |
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 |
Over the last fiscal year, Borgen Family Foundation has awarded $1,247,000 in support to 38 organizations.
Grant Recipient | Amount |
---|---|
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 |
Glenwood Springs, CO PURPOSE: CHARITY | $50,000 |
Over the last fiscal year, we have identified 1 grants that Borgen Family Foundation has recieved totaling $200.
Awarding Organization | Amount |
---|---|
Gary And Colettie@cranston Family Charitable Trust Fort Myers Beach, FL PURPOSE: GRANT TO SUPPORT PROGRAM SERVICES | $200 |
Organization Name | Assets | Revenue |
---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Kemper & Ethel Marley Foundation Phoenix, AZ | $235,853,723 | $45,107,707 |
Lannan Foundation Santa Fe, NM | $172,893,423 | $11,573,580 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |