Borra Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA GRANDE, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 3 grants totaling $1.0M. Net investment income was $471K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+0.1% YoY
Annual Giving
$1.0M
+5.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$333K
-29.8% YoY
Under IRS private-foundation payout rules, Borra Family Foundation reported a distributable amount of $153K for 2024 — the minimum it must pay out in qualifying distributions.
About Borra Family Foundation
Based on IRS filings
Borra Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA GRANDE, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 3 grants totaling $1.0M. Net investment income was $471K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,200,614 | $3,196,389 | $3,679,886 |
| Revenue | $897,665 | $228,066 | $-51,189 |
| Expenses | $1,016,551 | $967,049 | $1,170,116 |
| Qualifying Distributions | $1,000,000 | $950,000 | $1,150,000 |
| Net Investment Income | $471,202 | $64,947 | $50,901 |
| Distributable Amount | $153,454 | $165,734 | $218,153 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mclaren Northern Michigan Foundation ($400,000), Rhodes State College Foundation ($400,000), North Central Michigan College Foundation ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MCLAREN NORTHERN MICHIGAN FOUNDATION PETOSKEY, MI | GENERAL | $400,000 |
| RHODES STATE COLLEGE FOUNDATION LIMA, OH | HEALTH SCIENCES SCHOLARSHIPS | $400,000 |
| NORTH CENTRAL MICHIGAN COLLEGE FOUNDATION PETOSKEY, MI | GENERAL | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RENEE A BORRA | PRESIDENT | 2 | — |
| PIER C BORRA | VICE PRESIDENT | 2 | — |
| PIER C BORRA JR | TRUSTEE | 1 | — |
| KATHE BORRA | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Borra Family Foundation?
Borra Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA GRANDE, FL. It holds $3.2M in total assets as of 2024.
How large is Borra Family Foundation?
As of 2024, Borra Family Foundation holds $3.2M in total assets with $898K in annual revenue. It awarded 3 grants totaling $1.0M in 2024.
Where does Borra Family Foundation operate?
Borra Family Foundation has awarded grants in Illinois, Michigan, Ohio.
What size grants does Borra Family Foundation award?
In 2024, Borra Family Foundation awarded 3 grants totaling $1.0M — an average of about $333K per grant, based on its IRS Form 990 filings.
How much is Borra Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Borra Family Foundation reported a distributable amount of $153K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Borra Family Foundation's EIN?
Borra Family Foundation's EIN (Employer Identification Number) is 31-1533388. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Borra Family 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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