Willard Borchers Family Charitable Foundation

HASTINGS, NE EIN: 02-0641115

Willard Borchers Family Charitable Foundation is a private foundation focused on Education, based in HASTINGS, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $836K in total assets. In 2024, it awarded 2 grants totaling $44K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$836K

-3.3% YoY

Annual Giving

$44K

+63.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$22K

+63.0% YoY

Under IRS private-foundation payout rules, Willard Borchers Family Charitable Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Willard Borchers Family Charitable Foundation

Based on IRS filings

Willard Borchers Family Charitable Foundation is a private foundation focused on Education, based in HASTINGS, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $836K in total assets. In 2024, it awarded 2 grants totaling $44K. Net investment income was $15K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

HastingsLincoln

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35K$71K$106K$142K20202021202220232024
Metric202420232022
Total Assets$836,120$864,638$869,124
Revenue$31,981$23,053$70,747
Expenses$60,500$27,538$56,622
Qualifying Distributions$60,500$27,538$56,351
Net Investment Income$15,481$13,708$40,396
Distributable Amount$42,071$50,663$50,883

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$22K$33K$44K1 grants20201 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Central Nebraska Communi…$38KUniversity oF Nebraska -…$6K

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Central Nebraska Community College ($38,000), University oF Nebraska - Lincooln ($6,000).

RecipientPurposeAmount
University oF Nebraska - Lincooln Lincoln, NEFunding Schloraships$6,000
Central Nebraska Community College Hastings, NEFunding Scholarships$38,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Willard Borchers Family Charitable Foundation?

Willard Borchers Family Charitable Foundation is a private foundation focused on Education, based in HASTINGS, NE. It holds $836K in total assets as of 2024.

How large is Willard Borchers Family Charitable Foundation?

As of 2024, Willard Borchers Family Charitable Foundation holds $836K in total assets with $32K in annual revenue. It awarded 2 grants totaling $44K in 2024.

Where does Willard Borchers Family Charitable Foundation operate?

Willard Borchers Family Charitable Foundation has awarded grants in Nebraska.

What size grants does Willard Borchers Family Charitable Foundation award?

In 2024, Willard Borchers Family Charitable Foundation awarded 2 grants totaling $44K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Willard Borchers Family Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Willard Borchers Family Charitable Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Willard Borchers Family Charitable Foundation's EIN?

Willard Borchers Family Charitable Foundation's EIN (Employer Identification Number) is 02-0641115. IRS Form 990 filing data is available on this page for 2020–2024.

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

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