Mario P & Bianca C Borini Foundation Inc
- Assets
- $4.4m
- Revenue
- $213.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/1996
- Data as of
- 05/2022
- EIN
- 88-0343561
Organization Overview
Mario P & Bianca C Borini Foundation Inc is located in Las Vegas, NV. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Mario P & Bianca C Borini 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 05/2022, Mario P & Bianca C Borini Foundation Inc generated $213.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $294.6k during the year ending 05/2022. While expenses have increased by 22.0% 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, Mario P & Bianca C Borini Foundation Inc has awarded 93 individual grants totaling $896,175. 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 |
|---|---|---|---|
Joseph C Borini President/trustee | 3 | $0 | |
Joanne S Borini Secretary/treasurer/truste | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $212,975 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,150 |
| Total operating and administrative expenses | $5,051 |
| Contributions, gifts, grants paid | $289,500 |
| Total expenses and disbursements | $294,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,756 |
| 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 | $4,436,740 |
| 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, Mario P & Bianca C Borini Foundation Inc has awarded $289,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO SUPPORT EDUCATION AND RESEARCH | $110,000 |
HARVARD COLLEGE FUND PURPOSE: TO RAISE FUNDS FOR THE FACULTY OF ARTS AND SCIENCES, WHICH INCLUDES HARVARD COLLEGE, THE GRAUDATE SCHOOL OF ARTS AND SCIENCES AND THE HARVARD JOHN A. PAULSON SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND TO RECOGNIZE GIFTS MADE BY ALUMNAE TO RADCLIFFE COLLEGE, NOW THE RADCLIFFE INSTITUTE FOR ADVANCED STUDY | $50,000 |
FORDHAM LAW SCHOOL PURPOSE: TO SUPPORT EDUCATION | $50,000 |
HORACE MANN ANNUAL FUND PURPOSE: EDUCATION OF CHILDREN | $20,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $13,000 |
Las Vegas, NV PURPOSE: TO COLLABORATE WITH SCHOOLS AND COMMUNITY ORGANIZATIONS TO MAXIMIZE RESOURCES AND ALLOW STUDENTS TO FOCUS IN ACHIEVING GRADUATION. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Loma Linda - Inland Empire Consortium For Healthcare Educatio Loma Linda, CA | $13,392,456 | $70,891,145 |
The Larry Ellison Foundation Walnut Creek, CA | $37,551,478 | $41,100,114 |
The@bob And Margie Petersen Foundation Pasadena, CA | $667,659 | $2,230,866 |
H N And Frances C Berger Foundation Palm Desert, CA | $0 | $33,542,888 |
Nike Foundation Beaverton, OR | $18,150,265 | $37,684,992 |
Playworks Education Energized Oakland, CA | $24,126,538 | $37,991,341 |
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |