Robert & Diana Borman Family
Robert & Diana Borman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 19 grants totaling $275K. Net investment income was $130K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+10.5% YoY
Annual Giving
$275K
-16.4% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$14K
-16.4% YoY
Under IRS private-foundation payout rules, Robert & Diana Borman Family reported a distributable amount of $351K for 2024 — the minimum it must pay out in qualifying distributions.
About Robert & Diana Borman Family
Based on IRS filings
Robert & Diana Borman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 19 grants totaling $275K. Net investment income was $130K.
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 | $7,567,948 | $6,846,533 | $5,977,162 |
| Revenue | $206,103 | $432,908 | $242,361 |
| Expenses | $392,166 | $429,860 | $402,136 |
| Qualifying Distributions | $305,673 | $358,550 | $329,590 |
| Net Investment Income | $130,024 | $365,142 | $171,315 |
| Distributable Amount | $351,138 | $310,905 | $315,667 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catawba Riverkeeper Foundation ($30,000), Darien YMCA ($26,054), ACT of Connecticut ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABC House - Darien Darien, CT | Tutor programs | $18,000 |
| ABC House - Glastonbury Glastonbury, CT | Field trips: art museums and theatres | $10,000 |
| ACT of Connecticut Ridgefield, CT | Technical Apprentice programs | $20,000 |
| ALS Therapy Development Institute Watertown, MA | Research | $20,000 |
| Catawba Riverkeeper Foundation McAdenville, NC | Internship programs | $30,000 |
| Connecticut Children's Foundation Hartford, CT | NICU Expansion, child life programs | $20,000 |
| Connecticut Foodshare Wallington, CT | Food distribution efforts | $10,000 |
| Darien Arts Center Darien, CT | Dance studio renovation | $8,000 |
| Darien Foundation Darien, CT | Student broadcasting | $15,000 |
| Darien Nature Center Darien, CT | Memorial Walkway | $1,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kate E Borman | Trustee | 0.5 | $12,000 |
| Adam K Borman | Trustee | 0.1 | $10,000 |
| Robert G Borman | Trustee | 0.1 | $10,000 |
| Diana L Borman | Trustee | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Robert & Diana Borman Family?
Robert & Diana Borman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, CT. It holds $7.6M in total assets as of 2024.
How large is Robert & Diana Borman Family?
As of 2024, Robert & Diana Borman Family holds $7.6M in total assets with $206K in annual revenue. It awarded 19 grants totaling $275K in 2024.
Where does Robert & Diana Borman Family operate?
Robert & Diana Borman Family has awarded grants in Connecticut, Massachusetts, Maine, North Carolina, New York, Pennsylvania.
What size grants does Robert & Diana Borman Family award?
In 2024, Robert & Diana Borman Family awarded 19 grants totaling $275K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Robert & Diana Borman Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert & Diana Borman Family reported a distributable amount of $351K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert & Diana Borman Family's EIN?
Robert & Diana Borman Family's EIN (Employer Identification Number) is 26-1419554. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Robert & Diana Borman 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.