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.
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
199 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RIVERS WASHINGTON, DC | CHARITY | $25,000 |
| COLORADO MOUNTAIN COLLEGE GLENWOOD SPRINGS, CO | CHARITY | $50,000 |
| Colorado Snowsports Museum VAIL, CO | CHARITY | $5,000 |
| Colorado Succeeds Denver, CO | CHARITY | $15,000 |
| COMMUNITY BUILDERS GLENWOOD SPRINGS, CO | CHARITY | $15,000 |
| Betty Ford Alpine Gardens Vail, CO | Charity | $40,000 |
| Brass Foundation Hollady, UT | Charity | $2,500 |
| Colorado Headwaters Land Trust Granby, CO | Charity | $250 |
| Colorado Open Lands Lakewood, CO | Charity | $5,000 |
| Trustees of Dartmouth College Hanover, NH | Charity | $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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BJORN K BORGEN | PRESIDENT | — | — |
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.
Explore Open Grants
Browse active grant opportunities in Borgen Family Foundation's focus areas in our free grants database
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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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