The Borba Families Foundation
The Borba Families Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $678K in total assets. In 2024, it awarded 10 grants totaling $28K. Net investment income was $17K.
Key facts about The Borba Families Foundation
In short: The Borba Families Foundation gave $28K across 10 grants in 2024 (avg $3K), mostly in California. 40% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 87-4032169
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $28,150
- Grants made (2024)
- 10
- Average grant
- $2,815
- Median grant
- $1,125
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2024)
- Total assets
- $677,769
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$678K
+32.1% YoY
Annual Giving
$28K
-36.5% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$3K
-30.1% YoY
Under IRS private-foundation payout rules, The Borba Families Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Borba Families Foundation open to new grantees?
40%
first-time grantees, 2024
In 2024, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $875 first-time, $2K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 139% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $23K (2022) to $44K (2023). In 2024 it made 10 grants totaling $28K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Olive Crest ($10K). Together the top 10 received $28K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 31 grants of 31 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Olive Crest Santa Ana, CA | General & Unrestricted | $10,000 |
| Long Beach Rescue Mission Long Beach, CA | General & Unrestricted | $6,000 |
| Our Lady of Fatima School Artesia, CA | New desks for the classrooms, so that future generations of OLF students can learn with better equipment | $5,000 |
| Grace Community Church of Seal Beach Seal Beach, CA | General & Unrestricted | $3,000 |
| Spirit of Father Mata - Continuing the Legacy of M Turlock, CA | General & Unrestricted | $1,250 |
| Velo Allegro Cycling Club Long Beach, CA | Bikes for Kids | $1,000 |
| Roman Archbishop of Los Angeles a Corporation Sole Los Angeles, CA | General & Unrestricted | $600 |
| Marleys Mutts Dog Rescue Tehachapi, CA | General & Unrestricted | $500 |
| Providence Trinitycare Hospice Foundation Torrance, CA | General & Unrestricted | $500 |
| Wilson High Long Beach, CA | Grad Night Fund | $300 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $677,769 | $512,993 | $415,903 |
| Revenue | $211,247 | $151,999 | $315,946 |
| Expenses | $46,471 | $54,909 | $35,777 |
| Qualifying Distributions | $39,619 | $52,972 | $34,995 |
| Net Investment Income | $16,878 | $5,534 | $4,955 |
| Distributable Amount | $28,524 | $20,029 | $6,134 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Borba Families Foundation is led by Valquirio Borba, Director & President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Valquirio Borba
Director & President
On filings since 2021
1 hr/week
No compensation reported
Michael Borba
Director & Treasurer
Director, Treasurer & Secretary → Director & Treasurer, 2024
On filings since 2021
1 hr/week
No compensation reported
Julie Yasuda Borba
Secretary
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Borba Families Foundation
How much does The Borba Families Foundation give each year?
The Borba Families Foundation gave $28K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $44K across 11 grants.
What is The Borba Families Foundation's typical grant size?
The Borba Families Foundation's median grant in 2024 was $1,125, and its average grant was $2,815, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Borba Families Foundation that year got $2K on average.
Where does The Borba Families Foundation give grants?
The Borba Families Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Long Beach, CA (3 grants).
Does The Borba Families Foundation give general operating support?
Yes: 70% of The Borba Families Foundation's 2024 grants with a stated purpose (7 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Borba Families Foundation's largest grantees?
The Borba Families Foundation's largest 2024 grantees include Olive Crest ($10,000), Long Beach Rescue Mission ($6,000) and Our Lady of Fatima School ($5,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is The Borba Families Foundation?
The Borba Families Foundation reported $678K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).
What is The Borba Families Foundation's EIN?
The Borba Families Foundation's EIN (Employer Identification Number) is 87-4032169. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Borba Families Foundation by hand.
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