Jay and Carol Borzi Family
Jay and Carol Borzi Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMOSA BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 11 grants totaling $275K. Net investment income was $321K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$442K
+28.8% YoY
Annual Giving
$275K
+64.9% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$25K
+19.9% YoY
Under IRS private-foundation payout rules, Jay and Carol Borzi Family reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Jay and Carol Borzi Family
Based on IRS filings
Jay and Carol Borzi Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMOSA BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 11 grants totaling $275K. Net investment income was $321K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $441,627 | $342,896 | $189,237 |
| Revenue | $714,896 | $580,803 | $712,438 |
| Expenses | $294,857 | $173,235 | $449,408 |
| Qualifying Distributions | $275,000 | $166,750 | $433,352 |
| Net Investment Income | $321,091 | $266,642 | $351,776 |
| Distributable Amount | $23,808 | $14,073 | $16,988 |
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
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bel-air Country Club Education Fund ($100,000), Kcrw Foundation Inc ($50,000), Seal Future Foundation ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS AND GIRLS CLUBS OF AMERICA LONG BEACH, CA | GENERAL | $6,250 |
| CHILDRENS HOSPITAL COLORADO AURORA, CO | GENERAL | $10,000 |
| KCRW FOUNDATION INC SANTA MONICA, CA | GENERAL | $50,000 |
| UCLA FOUNDATION LOS ANGELES, CA | GENERAL | $25,000 |
| MIRACLES FOR KIDS IRVINE, CA | GENERAL | $10,000 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | GENERAL | $5,000 |
| CHILDREN'S HOSPITAL LOS ANGELES LOS ANGELES, CA | GENERAL | $23,750 |
| CITY OF HOPE DUARTE, CA | GENERAL | $10,000 |
| FAMILY VIOLENCE LAW CENTER OAKLAND, CA | GENERAL | $5,000 |
| SEAL FUTURE FOUNDATION NEW YORK, NY | GENERAL | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J BORZI | PRES/TRUSTEE | — | — |
| CAROL BORZI | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jay and Carol Borzi Family?
Jay and Carol Borzi Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMOSA BEACH, CA. It holds $442K in total assets as of 2024.
How large is Jay and Carol Borzi Family?
As of 2024, Jay and Carol Borzi Family holds $442K in total assets with $715K in annual revenue. It awarded 11 grants totaling $275K in 2024.
Where does Jay and Carol Borzi Family operate?
Jay and Carol Borzi Family has awarded grants in California, Colorado, Illinois, Massachusetts, North Carolina, New York, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does Jay and Carol Borzi Family award?
In 2024, Jay and Carol Borzi Family awarded 11 grants totaling $275K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Jay and Carol Borzi Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jay and Carol Borzi Family reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jay and Carol Borzi Family's EIN?
Jay and Carol Borzi Family's EIN (Employer Identification Number) is 20-3977239. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jay and Carol Borzi Family'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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