The Borman Family Foundation is a private foundation established in 2000, based in Oakland, Maine. It operates as a family foundation with a focus on supporting educational, youth, and community-based initiatives.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.1M
+5.1% YoY
Annual Giving
$420K
+7.7% YoY
Grant Count
46
+2.2% YoY
Avg Grant Size
$9K
+5.4% YoY
Mission & Focus Areas
The foundation primarily funds:
- Youth programming
- Educational programming
- Youth programs
- Science education and STEM
- Environmental education
- Human services
- Philanthropy and voluntarism
- Wildlife rehabilitation (wild bird rehab center)
- Trail maintenance and outdoor recreation
The foundation's geographic giving extends primarily to Maine, Colorado, and New Jersey.
Grantmaking
The foundation has shown consistent grantmaking activity, with 44-46 grants awarded annually in recent years.
Grant Range
$9,000
Average Grant
$9,000
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Geographic Focus
Where this funder awards grants
Primary funding areas include Maine, Colorado, and New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2025:
- Total assets: $11,092,289
- Total annual giving: $420,000
- Total revenue: $851,487
- Total expenses: $483,515
- Qualifying distributions: $454,644
- Net investment income: $823,657
Financial Trend: Assets have grown from $9,767,566 (2023) to $11,092,289 (2025), representing a 5.1% year-over-year increase in 2025.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,092,289 | $10,555,637 | $9,767,566 |
| Revenue | $851,487 | $133,098 | $710,911 |
| Expenses | $483,515 | $461,991 | $531,637 |
| Qualifying Distributions | $454,644 | $425,073 | $498,240 |
| Net Investment Income | $823,657 | $118,604 | $684,848 |
| Distributable Amount | $515,984 | $480,580 | $428,906 |
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 2025
Grant Size Distribution
215 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel identified:
- Adam Borman (Associate Director)
- Matthew Borman (Associate Director)
- Robert Borman Jr. (Associate Director)
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Adam Borman | Associate Director | 0.5 | $2,000 |
| Matthew Borman | Associate Director | 0.5 | $3,000 |
| Robert Borman Jr | Associate Director | 0.5 | $2,000 |
| Megan Proctor | Associate Director | 0.5 | $3,000 |
| Kate Borman | President | 6.5 | $6,000 |
| Barbara Metzdorff | Vice President | 6 | $10,000 |
| Donald Borman | Treasurer/Secretary | 8 | $6,000 |
Contact Information
- Address: 166 Old Waterville Rd, Oakland, ME 04963-5373
- Phone: 207-465-7638
- EIN: 01-0522171
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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