Borck Family Foundation Inc
- Assets
- $129.6k
- Revenue
- $72.4k
- Investments
- $129.1k
- Employees
- 0
- Location
- Woodbridge, CT
- Founding
- 08/1985
- Data as of
- 12/2022
- EIN
- 22-2611596
Organization Overview
Borck Family Foundation Inc is located in Woodbridge, CT. The organization was established in 1985. 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. Borck Family Foundation Inc 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, Borck Family Foundation Inc generated $72.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $34.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Borck Family Foundation Inc has awarded 25 individual grants totaling $360,500. 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.
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 |
|---|---|---|---|
Judith L Borck President/treasurer | 1 | $0 | |
James L Borck Jr Vice President | 1 | $0 | |
Amity Borck-Dey Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,644 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,695 |
| Capital Gain Net Income | $11,286 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $63 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,298 |
| Total operating and administrative expenses | $33,955 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $33,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $544 |
| Savings and temporary cash investments | $0 |
| 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 | $129,619 |
| 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, Borck Family Foundation Inc has awarded $317,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXA BROWN PURPOSE: SCHOLARSHIP | $3,500 |
CASE KEENUM PURPOSE: SCHOLARSHIP | $4,500 |
CSGA SCHOLARSHIP FUND PURPOSE: DONATION | $300,000 |
NEEL SIKKA PURPOSE: SCHOLARSHIP | $4,500 |
MITCHELL FRENCH PURPOSE: SCHOLARSHIP | $3,000 |
STEPHEN BOSAK PURPOSE: SCHOLARSHIP | $1,500 |