Mary Owen Borden Memorial Fund
The Mary Owen Borden Memorial Fund is a private foundation based in Rumson, New Jersey. Established in 1934, it focuses on supporting disadvantaged youth in Mercer and Monmouth counties, with grants directed primarily to charities located in those counties.
Mary Owen Borden Memorial Fund at a glance
In short: Mary Owen Borden Memorial Fund gave $714K across 45 grants in 2024 (avg $16K), mostly in New Jersey. 11% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $713,811
- +11.5% vs 2023
- Grants made (2024)
- 45
- +2.3% vs 2023
- Average grant
- $15,862
- +9.1% vs 2023
- Median grant
- $15,000
- Total assets
- $11,975,932
- +11.9% vs 2023
- New grantees (estimate)
- 11% first-time grantees (5 of 45, 2024)
- Primary geography
- New Jersey (92% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mary Owen Borden Memorial Fund
- How to Apply
-
The foundation does not restrict giving to preselected organizations. Contact Quincy As McKean III for additional information and application materials. Grants are primarily limited to charities located in Monmouth and Mercer counties of New Jersey.
- Next open deadline
- March 15, 2027 (Mary Owen Borden Foundation Grant)
- Contact
Application contact: Quincy As Mckean Iii
Mailing address: 4 Blackpoint Horseshoe, Rumson, NJ 07760
Phone: (732) 741-4645
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Mary Owen Borden Memorial Fund
Who Mary Owen Borden Memorial Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Monmouth Medical Center ($65K). Together the top 10 received $260K.
Grant Size Distribution
234 grants across all recorded years
The most common grant size was under $50K: 232 grants of 234 (99%).
Geographic Focus
Where this funder awards grants
The foundation’s filing says grants are primarily limited to charities located in Monmouth and Mercer counties. In 2024, 92% of grant dollars went to recipients in New Jersey, 4% to New York, and 4% to Pennsylvania.
Grant Distribution by State
Share of 2024 grant dollars across all 45 itemized grants.
Cities
Is Mary Owen Borden Memorial Fund open to new grantees?
11%
first-time grantees, 2024
In 2024, 5 of 45 grantees (11%) were first-time recipients. First grants averaged $14K; repeat grants $16K. How we count
Medians: $15K first-time, $15K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving grew 25% from 2021 to 2024. Method
- In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $569K (2021) to $816K (2020). In 2024 it made 45 grants totaling $714K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monmouth Medical Center Long Branch, NJ | For Operations | $65,111 |
| YMCA YWCA Princeton Princeton, NJ | For Operations | $45,000 |
| Boys and Girls Club of Mercer Trenton, NJ | For Operations | $30,000 |
| Planned Parenthood Central NJ Shrewsbury, NJ | For Operations | $30,000 |
| 180 Turning Lives Around Hazlet, NJ | For Operations | $15,000 |
| American Red Cross Princeton, NJ | For Operations | $15,000 |
| Arm in Arm Trenton, NJ | For Operations | $15,000 |
| Arts Council of Princeton Princeton, NJ | For Operations | $15,000 |
| Aslan Youth Ministries Red Bank, NJ | For Operations | $15,000 |
| Big Brothers Big Sisters Asbury Asbury Park, NJ | For Operations | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,975,932 | $2,125,546 | $906,542 | $713,811 | 45 | $788,713 | $2,020,717 | $874,870 |
| 2023 | $10,706,928 | $755,119 | $817,159 | $639,993 | 44 | $712,717 | $653,392 | $771,742 |
| 2022 | $10,768,968 | $809,857 | $989,627 | $762,646 | 49 | $839,006 | $674,661 | $800,156 |
| 2021 | $10,948,738 | $1,482,970 | $763,757 | $568,977 | 41 | $643,964 | $1,357,090 | $891,003 |
| 2020 | $10,229,525 | $659,895 | $1,001,425 | $815,654 | 55 | — | $552,813 | $754,836 |
Under IRS private-foundation payout rules, Mary Owen Borden Memorial Fund reported a distributable amount of $875K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated focus is supporting disadvantaged youth in New Jersey’s Mercer and Monmouth counties. Its 2024 grants also illustrate a range of recipient activities. For example, Hope Academy Charter School describes its mission as educating competent, compassionate, community-minded citizens. Parker Family Health Center says it provides free care to uninsured or low-income Monmouth County residents, while the Arts Council of Princeton describes its mission as building community through the arts. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In filing year 2024, the fund made 45 grants totaling $713,811. Grant amounts ranged from $1,500 to $65,111, with a median of $15,000. The largest grant listed was $65,111 to Monmouth Medical Center for operations. Other large grants included $45,000 to YMCA YWCA Princeton and $30,000 each to Boys and Girls Club of Mercer and Planned Parenthood Central NJ, all for operations.
Other 2024 recipients received $15,000 each, including Hope Academy Charter School, Isles Inc., Monmouth Conservation Foundation, Parker Family Health Center, and Arts Council of Princeton. The fund’s grant program lists an award range of $10,000–$15,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Quincy As McKean III as executive director; Vince Myers, Paul McEvily, and Zoe Bunnell as trustees; and Julie Kennedy as secretary.
Mary Owen Borden Memorial Fund is led by Quincy As McKean III, Executive Director on every filing since 2020; 1 of 5 officers listed in 2024 is compensated.
Officers on the 2024 filing
Quincy As McKean III
Executive Director
On filings since 2020
7 hrs/week
$65K (2020) → $65K (2024)
Paul McEvily
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Vince Myers
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Zoe Bunnell
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Julie Kennedy
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Linda B. McKean (2020–2021) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $65K, to Quincy as McKean III (Executive Director).
Frequently asked questions about Mary Owen Borden Memorial Fund
How much does Mary Owen Borden Memorial Fund give each year?
Mary Owen Borden Memorial Fund gave $714K across 45 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $640K across 44 grants.
What is Mary Owen Borden Memorial Fund's typical grant size?
Mary Owen Borden Memorial Fund's median grant in 2024 was $15,000, and its average grant was $15,862, across 45 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Mary Owen Borden Memorial Fund that year got $14K on average.
Where does Mary Owen Borden Memorial Fund give grants?
Mary Owen Borden Memorial Fund gives mostly in New Jersey: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Trenton, NJ (9 grants), Princeton, NJ (5 grants), Asbury Park, NJ (5 grants) and Red Bank, NJ (3 grants).
Does Mary Owen Borden Memorial Fund give general operating support?
Not in 2024: none of the 45 grants with a stated purpose on Mary Owen Borden Memorial Fund's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Operations" (45 grants).
Who are Mary Owen Borden Memorial Fund's largest grantees?
Mary Owen Borden Memorial Fund's largest 2024 grantees include Monmouth Medical Center ($65,111), YMCA YWCA Princeton ($45,000) and Boys and Girls Club of Mercer ($30,000), according to its 2024 IRS Form 990-PF. Together they received 20% of its itemized 2024 grant dollars.
How large is Mary Owen Borden Memorial Fund?
Mary Owen Borden Memorial Fund reported $12.0M in total assets on its 2024 IRS Form 990-PF. It paid out $789K in qualifying distributions that year, against a required minimum of $875K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Mary Owen Borden Memorial Fund fund?
The foundation’s stated focus is supporting disadvantaged youth in New Jersey’s Mercer and Monmouth counties. Its 2024 grants also illustrate a range of recipient activities. See mission & focus areas ↑
How do I apply for a grant from Mary Owen Borden Memorial Fund?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mary Owen Borden Memorial Fund's EIN?
Mary Owen Borden Memorial Fund's EIN (Employer Identification Number) is 13-6137137. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Mary Owen Borden Memorial Fund funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/mary-owen-borden-memorial-fund-morg_4282e0bf1fbf4e7ea2480e57e4675928
BibTeX
@misc{grantable_136137137_2026,
author = {{Grantable}},
title = {{Mary Owen Borden Memorial Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mary-owen-borden-memorial-fund-morg_4282e0bf1fbf4e7ea2480e57e4675928},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mary Owen Borden Memorial Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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