The Borden Fund Inc

GOLDSBORO, NC EIN: 56-6045689

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.6M

+4.1% YoY

Annual Giving

$133K

-18.7% YoY

Grant Count

39

+0.0% YoY

Avg Grant Size

$3K

-18.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$69K$139K$208K$278K20202021202220232024
Metric202420232022
Total Assets$1,582,433$1,520,092$1,483,418
Revenue$252,582$251,029$14,925
Expenses$190,241$214,355$160,924
Qualifying Distributions$165,075$196,005$140,851
Net Investment Income$227,416$232,679$33,639
Distributable Amount$180,132$158,656$165,297

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$123K$164K43 grants202044 grants202144 grants202239 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST STEPHEN'S EPISCOPAL C…$27KARTS COUNCIL OF WAYNE CO…$13KUNITED WAY-WAYNE COUNTY$10KAMERICAN RED CROSS$8KWAYNE CMMTY COLLEGE FOUND$7KST MARY'S SCHOOL$6KTHE SALVATION ARMY$5KUNIVERSITY OF MOUNT OLIVE$5KWAYNE COUNTY BOYS & GIRL…$5KWAYNE OPPORTUNITY CENTER$5K

Grant Size Distribution

209 grants across all recorded years

208<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Borden Fund Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

W LEE BORDENPRES/TREAS$30K

From 2024 filing

NameTitleHoursCompensation
W LEE BORDENPRES/TREAS10$30,000
ROBERT H BORDENVICE PRES1
MARTHA B ROBERSONSECRETARY1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

11states
+3 more states

Cities

AsheboroAshevilleAtlantaChapel HillCharlottsvilleChattanoogaDavidsonDurhamFarmingtonFremontGoldsboroGreensboroKansas CityMerrifieldMount OliveNashvilleNew YorkRaleighResearch Triangle ParkRichmond

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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