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
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
No grants recorded for .
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
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Similar funders by location and focus area
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Truthfc
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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