Borns Family Foundation Inc
- Assets
- $213.4k
- Revenue
- $66.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/1995
- Data as of
- 12/2023
- EIN
- 35-1939138
Organization Overview
Borns Family Foundation Inc is located in Los Angeles, CA. 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. Borns 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 12/2023, Borns Family Foundation Inc generated $66.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $288.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Borns Family Foundation Inc has awarded 141 individual grants totaling $1,032,325. 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) | Role | Hours | Compensation |
|---|---|---|---|
Sandra S Borns President | 0 | $0 | |
Elizabeth H Borns Director | 0 | $0 | |
Emily S Borns-Behr Director | 0 | $0 | |
Stephanie D Borns-Weil Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,125 |
| Dividends & Interest | $4,109 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,811 |
| Capital Gain Net Income | $60,811 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,000 |
| Total operating and administrative expenses | $1,000 |
| Contributions, gifts, grants paid | $287,700 |
| Total expenses and disbursements | $288,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $213,356 |
| 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 | $213,356 |
| 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 | $800 |
| Total liabilities | $800 |
Grants Awarded
Over the last fiscal year, Borns Family Foundation Inc has awarded $287,700 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY FOUNDATION PURPOSE: FUNDING FOR THE JEWISH STUDIES PROGRAM | $67,200 |
EMERGENCY FUND FOR TORTURE VICTIMS PURPOSE: EMERGENCY ASSISTANCE FOR TORTURE VICTIMS | $3,000 |
DEBBIE ALLEN DANCE ACADEMY PURPOSE: CONTRIBUTION TO "IMPRESSIONS" GALA | $6,000 |
STAND WITH US PURPOSE: SUPPOR ISRAEL AROUND THE WORLD THROUGH EDUCATION | $25,000 |
HILLEL AT INDIANA UNIVERSITY PURPOSE: GENERAL SUPPORT | $105,000 |
JEWISH FEDERATION OF THE DESERT PURPOSE: PROMOTE JEWISH WELFARE LOCALLY, OVERSEAS, AND IN ISRAEL | $10,000 |