Borden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 31 grants totaling $158K. Net investment income was $405K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+7.8% YoY
Annual Giving
$158K
-1.3% YoY
Grant Count
31
+24.0% YoY
Avg Grant Size
$5K
-20.4% YoY
Under IRS private-foundation payout rules, Borden Foundation reported a distributable amount of $189K for 2024 — the minimum it must pay out in qualifying distributions.
About Borden Foundation
Based on IRS filings
Borden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 31 grants totaling $158K. Net investment income was $405K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,372,582 | $2,200,256 | $2,076,439 |
| Revenue | $338,622 | $286,267 | $1,485,686 |
| Expenses | $166,296 | $162,450 | $81,883 |
| Qualifying Distributions | $160,613 | $162,050 | $80,321 |
| Net Investment Income | $404,868 | $225,334 | $56,499 |
| Distributable Amount | $189,350 | $158,289 | $89,698 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
174 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Stephen's Episcpoal Church ($25,000), Boys and Girls Clubs ($20,000), United Way-wayne County ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY RALEIGH, NC | PROGRAM SUPPORT | $2,500 |
| AMERICAN RED CROSS WASHINGTON, DC | PROGRAM SUPPORT | $7,500 |
| ARTS COUNCIL OF WAYNE COUNTY GOLDSBORO, NC | PROGRAM SUPPORT | $12,500 |
| BOY SCOUTS OF AMERICA - TUSCARORA GOLDSBORO, NC | PROGRAM SUPPORT | $2,450 |
| BOYS AND GIRLS CLUBS RALEIGH, NC | PROGRAM SUPPORT | $20,000 |
| BOYS AND GIRLS CLUBS GOLDSBORO, NC | PROGRAM SUPPORT | $5,000 |
| CAROLINA PUBLIC HUMANITIES CHAPEL HILL, NC | PROGRAM SUPPORT | $2,500 |
| CHILDREN'S CANCER PTRS - CAROLINAS SPARTANBURG, SC | PROGRAM SUPPORT | $4,000 |
| CHRIST EPISCOPAL CHURCH WINCHESTER, VA | PROGRAM SUPPORT | $2,000 |
| COMMUNITIES SUPPRTING SCHOOLS GOLDSBORO, NC | PROGRAM SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W LEE BORDEN | PRESIDENT/TR | 10 | — |
| MARTIN W BORDEN | VICE PRESIDE | 1 | — |
| MARTHA B ROBERSON | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Borden Foundation?
Borden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. It holds $2.4M in total assets as of 2024.
How large is Borden Foundation?
As of 2024, Borden Foundation holds $2.4M in total assets with $339K in annual revenue. It awarded 31 grants totaling $158K in 2024.
Where does Borden Foundation operate?
Borden Foundation has awarded grants in District of Columbia, Florida, Georgia, Illinois, Michigan, North Carolina, New York, Pennsylvania, South Carolina, South Dakota, Tennessee, Virginia.
What size grants does Borden Foundation award?
In 2024, Borden Foundation awarded 31 grants totaling $158K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Borden Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Borden Foundation reported a distributable amount of $189K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Borden Foundation's EIN?
Borden Foundation's EIN (Employer Identification Number) is 60-0000581. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Borden Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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