Alan & Ruth Borenstein Medical Scholarship

Private foundation · Grantmaker Chicago, IL EIN: 65-6119242

Alan & Ruth Borenstein Medical Scholarship is a private foundation focused on Education, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 4 grants totaling $120K. Net investment income was $70K.

Alan & Ruth Borenstein Medical Scholarship at a glance

In short: Alan & Ruth Borenstein Medical Scholarship gave $120K across 4 grants in 2025 (avg $30K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$120,000
+20.0% vs 2024
Grants made (2025)
4
+0.0% vs 2024
Average grant
$30,000
+20.0% vs 2024
Median grant
$30,000
Total assets
$1,749,148
-4.6% vs 2024
Primary geography
New York (75% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Alan & Ruth Borenstein Medical Scholarship funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

American Friends of: $30KAmerican Friends of$30KAlbert Einstein College: $30KAlbert Einstein College$30KStanford University: $30KStanford University$30KColumbia University: $30KColumbia University$30K

The largest 2025 recipient was American Friends of ($30K). Together the top 4 received $120K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

New YorkStanford

How Alan & Ruth Borenstein Medical Scholarship gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 166% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K4 grants2019 4 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $85K (2023) to $120K (2025). In 2025 it made 4 grants totaling $120K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
American Friends of New York, NYScholarships$30,000
Albert Einstein College New York, NYScholarships$30,000
Stanford University Stanford, CAScholarships$30,000
Columbia University New York, NYScholarships$30,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,749,148$79,239$164,256$120,0004$153,039$69,564$91,988
2024$1,834,244$97,369$144,725$100,0004$134,758$84,208$91,885
2023$1,881,526$61,824$130,793$85,0004$119,577$51,187$88,465
2022$1,950,847$50,484$173,847$120,0004$155,063$39,913$94,057
2021$2,074,231$345,318$169,112$120,0004$156,411$333,448$104,332
2020$1,898,055$60,803$168,730$120,0004—$49,231$98,650
2019$2,006,010$103,949$167,283$120,0004—$96,515$103,782

Under IRS private-foundation payout rules, Alan & Ruth Borenstein Medical Scholarship reported a distributable amount of $92K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Alan & Ruth Borenstein Medical Scholarship's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Peter Greenberg

    Trustee

    On filings since 2019

    40 hrs/week

    $16K (2019) → $15K (2025)

  • Northern Trust Company

    Trustee

    On filings since 2021

    40 hrs/week

    $21K (2021) → $25K (2025)

Former officers (1)
  • Former: The Northern Trust Company (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Northern Trust Company — Trustee: $25KNorthern Trust CompanyTrustee$25KPeter Greenberg — Trustee: $15KPeter GreenbergTrustee$15K

The highest reported compensation on the 2025 filing was $25K, to Northern Trust Company (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Alan & Ruth Borenstein Medical Scholarship

How much does Alan & Ruth Borenstein Medical Scholarship give each year?

Alan & Ruth Borenstein Medical Scholarship gave $120K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 4 grants.

What is Alan & Ruth Borenstein Medical Scholarship's typical grant size?

Alan & Ruth Borenstein Medical Scholarship's median grant in 2025 was $30,000, and its average grant was $30,000, across 4 grants on its 2025 IRS Form 990-PF.

Where does Alan & Ruth Borenstein Medical Scholarship give grants?

Alan & Ruth Borenstein Medical Scholarship gives mostly in New York: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (25%). The most frequent recipient cities were New York, NY (3 grants).

Does Alan & Ruth Borenstein Medical Scholarship give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Alan & Ruth Borenstein Medical Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (4 grants).

How large is Alan & Ruth Borenstein Medical Scholarship?

Alan & Ruth Borenstein Medical Scholarship reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $153K in qualifying distributions that year, against a required minimum of $92K (roughly 5% of its investment assets).

What is Alan & Ruth Borenstein Medical Scholarship?

Alan & Ruth Borenstein Medical Scholarship is a private foundation focused on Education, based in Chicago, IL. It holds $1.7M in total assets as of 2025.

What is Alan & Ruth Borenstein Medical Scholarship's EIN?

Alan & Ruth Borenstein Medical Scholarship's EIN (Employer Identification Number) is 65-6119242. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)

Live grants for the work Alan & Ruth Borenstein Medical Scholarship funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Alan & Ruth Borenstein Medical Scholarship's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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