Mary Owen Borden Memorial Fund
The Mary Owen Borden Memorial Fund is a private foundation based in Rumson, New Jersey. Established in 1934 by Bertram H. Borden to honor his recently departed wife, the foundation operates as a 501(c)(3) tax-exempt organization with tax-exempt status dating to July 1936.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.0M
+11.9% YoY
Annual Giving
$714K
+11.5% YoY
Grant Count
45
+2.3% YoY
Avg Grant Size
$16K
+9.1% YoY
Mission & Focus Areas
The foundation's special focus is on programs addressing the needs of economically disadvantaged youth and their families in New Jersey's Mercer and Monmouth counties. Priority is given to organizations located and operating in Trenton, Asbury Park, and Long Branch.
Supported areas of interest include:
- Health
- Family planning
- Education
- Counseling
- Child care
- Substance abuse prevention and treatment
- Delinquency prevention
The foundation also supports broader categories including Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with funding extending into New York and Pennsylvania.
Grantmaking
The foundation accepts applications and maintains an open application policy.
Average Grant
of approximately $10,000 to $15,000.
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Geographic Focus
Where this funder awards grants
Primary funding focus: Mercer and Monmouth counties in New Jersey, with particular emphasis on Trenton, Asbury Park, and Long Branch. Secondary funding extends to New York and Pennsylvania.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $10,706,928 to $11,975,932 (as of 2023-2024)
Total Annual Giving: $640,000 to $713,811
Total Revenues: $755,119 (2023)
Total Expenses: $817,159 (2023)
Giving Rate: Approximately 6.0% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,975,932 | $10,706,928 | $10,768,968 |
| Revenue | $2,125,546 | $755,119 | $809,857 |
| Expenses | $906,542 | $817,159 | $989,627 |
| Qualifying Distributions | $788,713 | $712,717 | $839,006 |
| Net Investment Income | $2,020,717 | $653,392 | $674,661 |
| Distributable Amount | $874,870 | $771,742 | $800,156 |
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
229 grants across all recorded years
Open Grants
1 open opportunity from Mary Owen Borden Memorial Fund
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Quincy As McKean — Executive Director (as of November 2024)
The foundation operates with one employee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VINCE MYERS | TRUSTEE | 0.5 | — |
| QUINCY AS MCKEAN III | EXECUTIVE DIRECTOR | 7 | $65,000 |
| JULIE KENNEDY | SECRETARY | 0.5 | — |
| PAUL MCEVILY | TRUSTEE | 0.5 | — |
| ZOE BUNNELL | TRUSTEE | 0.5 | — |
Contact Information
Phone: (732) 741-4645
Website: maryowenbordenfoundation.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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