Bornsen Family Foundation Nfp

SCOTTSDALE, AZ EIN: 27-0714029

Bornsen Family Foundation Nfp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $15K. Net investment income was $25K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$15K

-54.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$15K

-54.5% YoY

Under IRS private-foundation payout rules, Bornsen Family Foundation Nfp reported a distributable amount of $25K for 2023 — the minimum it must pay out in qualifying distributions.

About Bornsen Family Foundation Nfp

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $125K (100%)

States

Illinois

Cities

Urbana

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$717,968	$908,352
Revenue	$30,874	$-6,118	$53,625
Expenses	$35,396	$46,984	$53,983
Qualifying Distributions	$29,643	$39,496	$45,655
Net Investment Income	$25,121	$10,644	$45,297
Distributable Amount	$25,225	$38,434	$43,958

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include University of Illinois Foundation ($15,000).

Recipient	Purpose	Amount
University of Illinois Foundation Urbana, IL	Educational Scholarships for the College of Veterinary Medicine	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
Brian J Hofmann	President CEO	5	—
Carol J Hogfelt	Secretary	2	—
Chrisotpher M Fill	Vice President	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bornsen Family Foundation Nfp?

Bornsen Family Foundation Nfp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. It holds — in total assets as of 2023.

Where does Bornsen Family Foundation Nfp operate?

Bornsen Family Foundation Nfp has awarded grants in Illinois.

What size grants does Bornsen Family Foundation Nfp award?

In 2023, Bornsen Family Foundation Nfp awarded 1 grants totaling $15K — an average of about $15K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, Bornsen Family Foundation Nfp reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.