Borgen Family Foundation

DENVER, CO EIN: 84-1236286

The Borgen Family Foundation is a private foundation established in 1993 and based in Denver, Colorado. It operates as a 501(c)(3) organization with a focus on philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.9M

-3.3% YoY

Annual Giving

$1.4M

+3.0% YoY

Grant Count

49

+36.1% YoY

Avg Grant Size

$29K

-24.4% YoY

Under IRS private-foundation payout rules, Borgen Family Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities center on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Science education and teacher support
  • Community and school gardens
  • Renewable energy

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Colorado
  • New Hampshire
  • District of Columbia

Grant Distribution by State

12states
+4 more states

Cities

AndoverArlingtonAvonBoulderBrevardCordilleraDeerfeildDenverEagleEdwardsEnglewoodEugeneGainesvilleGlenwood SpringsGranbyGrand LakeGypsumHanoverHolladyLakewood

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $17,850,148
  • Total giving: $1,444,850
  • Total revenues: $1,087,688
  • Total expenses: $1,686,579
  • Investment income and dividends: $924,096

As of 2023:

  • Total assets: $33,000,000 (approximate)
  • Total distributions: $1,400,000 (approximate)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$17,850,148$18,461,992$17,185,367
Revenue$1,087,688$5,683,856$4,976,635
Expenses$1,686,579$1,682,954$1,469,184
Qualifying Distributions$1,448,660$1,403,583$1,302,083
Net Investment Income$881,643$2,557,635$2,670,329
Distributable Amount$1,757,208$1,406,318$1,404,740

Giving Over Time

Total grant dollars and number of grants per year

$0$361K$722K$1M$1M39 grants202038 grants202137 grants202236 grants202349 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Vail Health Foundation$300KEagle Valley Land Trust$152KSki and Snowboard Club V…$134KDenver Botanic Gardens$125KWalking Mountains Scienc…$67KThe Cycle Effect$55KVail Valley Foundation$54KSchool District of Eleva…$52KCOLORADO MOUNTAIN COLLEGE$50KStudents Shoulder to Sho…$47K

Grant Size Distribution

199 grants across all recorded years

155<$50K27$50–100K12$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vail Health Foundation ($300,000), Eagle Valley Land Trust ($152,000), Ski and Snowboard Club Vail ($133,500).

RecipientPurposeAmount
AMERICAN RIVERS WASHINGTON, DCCHARITY$25,000
COLORADO MOUNTAIN COLLEGE GLENWOOD SPRINGS, COCHARITY$50,000
Colorado Snowsports Museum VAIL, COCHARITY$5,000
Colorado Succeeds Denver, COCHARITY$15,000
COMMUNITY BUILDERS GLENWOOD SPRINGS, COCHARITY$15,000
Betty Ford Alpine Gardens Vail, COCharity$40,000
Brass Foundation Hollady, UTCharity$2,500
Colorado Headwaters Land Trust Granby, COCharity$250
Colorado Open Lands Lakewood, COCharity$5,000
Trustees of Dartmouth College Hanover, NHCharity$1,500

Leadership & Key People

Leadership team and compensation from IRS filings

Bjorn K. Borgen — President (listed as supporter of the foundation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BJORN K BORGENPRESIDENT

Contact Information

Address: 3033 E 1st Ave Ste 415, Denver, CO 80206-5604

Telephone: 303-394-7902

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Borgen Family Foundation fund?

The foundation's giving priorities center on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science education and teacher support • Community and school gardens • Renewable energy

How do I apply for a grant from Borgen Family Foundation?

**Grant Characteristics:** • Typical award range: $250,000–$300,000 • Median grant amount: $15,000 • Maximum grant observed: $300,000 • Annual grant count: 36–37 grants **Recent Grant Activity (2024):** • Vail Health Foundation: $300,000 • Eagle Valley Land Trust: $152,000 • Ski and Snowboard Club Vail: $133,500 • Total grants distributed: $1,444,850 (2024)

Where does Borgen Family Foundation make grants?

The foundation primarily funds organizations in: • Colorado • New Hampshire • District of Columbia

What size grants does Borgen Family Foundation award?

In 2024, Borgen Family Foundation awarded 49 grants totaling $1.4M — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Borgen Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Borgen Family Foundation reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Borgen Family Foundation's EIN?

Borgen Family Foundation's EIN (Employer Identification Number) is 84-1236286. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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