The Borba Families Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 87-4032169

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

2states

Share of all 10 itemized 2024 grant dollars.

Cities

Long BeachLos AngelesSanta AnaArtesiaSeal BeachTehachapiBeverly HillsDowneyDuarteEl CajonOrangeOrwellPasadenaTorranceTulareTurlockWhittier

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants202110 grants202211 grants202310 grants2024

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

Olive Crest: $10KOlive Crest$10KLong Beach Rescue Mission: $6KLong Beach Rescue Mission$6KOur Lady of Fatima School: $5KOur Lady of Fatima School$5KGrace Community Church of Seal Beach: $3KGrace Community Church of SealBeach$3KSpirit of Father Mata - Continuing the Legacy of M: $1KSpirit of Father Mata -Continuing the Legacy of M$1KVelo Allegro Cycling Club: $1KVelo Allegro Cycling Club$1KRoman Archbishop of Los Angeles a Corporation Sole: $600Roman Archbishop of LosAngeles a Corporation Sole$600Marleys Mutts Dog Rescue: $500Marleys Mutts Dog Rescue$500Providence Trinitycare Hospice Foundation: $500Providence Trinitycare HospiceFoundation$500Wilson High: $300Wilson High$300

The largest 2024 recipient was Olive Crest ($10K). Together the top 10 received $28K.

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 31 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Olive Crest Santa Ana, CAGeneral & Unrestricted$10,000
Long Beach Rescue Mission Long Beach, CAGeneral & Unrestricted$6,000
Our Lady of Fatima School Artesia, CANew 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, CAGeneral & Unrestricted$3,000
Spirit of Father Mata - Continuing the Legacy of M Turlock, CAGeneral & Unrestricted$1,250
Velo Allegro Cycling Club Long Beach, CABikes for Kids$1,000
Roman Archbishop of Los Angeles a Corporation Sole Los Angeles, CAGeneral & Unrestricted$600
Marleys Mutts Dog Rescue Tehachapi, CAGeneral & Unrestricted$500
Providence Trinitycare Hospice Foundation Torrance, CAGeneral & Unrestricted$500
Wilson High Long Beach, CAGrad Night Fund$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021202220232024
Metric202420232022
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

  1. 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.

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