The Borbonus Family Foundation Inc is a private foundation focused on Education, based in BOISE, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.7M in total assets. In 2024, it awarded 18 grants totaling $1.1M. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.7M
-0.3% YoY
Annual Giving
$1.1M
+8.8% YoY
Grant Count
18
-10.0% YoY
Avg Grant Size
$63K
+20.9% YoY
Under IRS private-foundation payout rules, The Borbonus Family Foundation Inc reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About The Borbonus Family Foundation Inc
Based on IRS filings
The Borbonus Family Foundation Inc is a private foundation focused on Education, based in BOISE, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.7M in total assets. In 2024, it awarded 18 grants totaling $1.1M. Net investment income was $1.1M.
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 | $22,747,374 | $22,804,894 | $22,942,038 |
| Revenue | $1,354,992 | $992,288 | $655,966 |
| Expenses | $1,400,207 | $1,128,792 | $1,142,903 |
| Qualifying Distributions | $1,149,461 | $1,049,106 | $1,124,300 |
| Net Investment Income | $1,112,735 | $909,776 | $610,899 |
| Distributable Amount | $1,157,691 | $1,120,561 | $1,155,730 |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Idaho Veterans Assistance League ($220,790), American Classical School of Idaho ($155,000), Wyakin Foundation ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CLASSICAL SCHOOL OF IDAHO FRUITLAND, ID | EDUCATION AND VETERAN SUPPORT | $155,000 |
| BOISE PUBLIC SCHOOLS FOUNDATION BOISE, ID | GENERAL SUPPORT-YOUTH GOLF PROGRAMS | $35,000 |
| BOISE STATE UNIVERSITY BOISE, ID | MEN/WOMEN ATHLETICS | $60,000 |
| FIRST TEE OF IDAHO BOISE, ID | GENERAL SUPPORT-YOUTH GOLF | $100,000 |
| GEM STATE BLINDED VETS REG ASSOC BOISE, ID | GENERAL SUPPORT-VETERANS PROGRAMS | $15,000 |
| IDAHO'S COMBAT WOUNDED VETERANS INC BOISE, ID | GENERAL SUPPORT-VETERANS PROGRAMS | $40,000 |
| IVAL BRAVEHEARTS EMMETT, ID | GEN SUPPORT-VETERANS PROGRAMS | $1,500 |
| MISS IDAHO ORGANIZATION BOISE, ID | GENERAL SUPPORT | $10,000 |
| VETERANS ENTERPRISE ALLIANCE BOISE, ID | GENERAL SUPPORT-VETERANS PROGRAMS | $25,000 |
| WISHES GOLF INC KUNA, ID | GENERAL SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CORDELL CHIGBROW | TREASURER | 2 | — |
| GERHARD BORBONUS | PRESIDENT | 2 | — |
| ROYCE CHIGBROW | DIRECTOR | 2 | — |
| CAREY MCNEAL | VICE PRESIDENT | 2 | — |
| RON SALI | DIRECTOR | 2 | — |
| HAYWARD SAWYER | DIRECTOR | 2 | — |
| STEPHEN LAMBERT | SECRETARY | 2 | — |
| VERONIQUE BORBONUS | DIRECTOR | 2 | — |
| ALEXA BORBONUS | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Borbonus Family Foundation Inc?
The Borbonus Family Foundation Inc is a private foundation focused on Education, based in BOISE, ID. It holds $22.7M in total assets as of 2024.
How large is The Borbonus Family Foundation Inc?
As of 2024, The Borbonus Family Foundation Inc holds $22.7M in total assets with $1.4M in annual revenue. It awarded 18 grants totaling $1.1M in 2024.
Where does The Borbonus Family Foundation Inc operate?
The Borbonus Family Foundation Inc has awarded grants in California, Delaware, Idaho, Virginia.
What size grants does The Borbonus Family Foundation Inc award?
In 2024, The Borbonus Family Foundation Inc awarded 18 grants totaling $1.1M — an average of about $63K per grant, based on its IRS Form 990 filings.
How much is The Borbonus Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Borbonus Family Foundation Inc reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Borbonus Family Foundation Inc's EIN?
The Borbonus Family Foundation Inc's EIN (Employer Identification Number) is 26-0152973. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Borbonus Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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