WSB Family Foundation is a private, non-operating family foundation based in Albany, New York. Established in June 2014, the foundation operates as a 501(c)(3) charitable organization focused on philanthropic grantmaking across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$466K
-20.7% YoY
Grant Count
41
+5.1% YoY
Avg Grant Size
$11K
-24.6% YoY
Mission & Focus Areas
The foundation supports causes in education, philanthropy, voluntarism, and grantmaking, as well as human services. Specific funding interests include education nonprofits, STEM education, science teachers, and arts grants for nonprofits.
Grantmaking
The foundation operates on an invite-only basis and does not accept unsolicited applications.
Grant Range
$1,000 to $160,000
Average Grant
amount: $69
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states, with primary focus areas including:
- New York (particularly Albany and Saratoga Springs)
- California (including San Francisco)
- Florida
- Tennessee
The foundation also funds organizations in Texas, Illinois, and Maryland.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $10,876,991 to $10,880,136
- Annual Revenue: $365,628 (2023)
- Annual Expenses: $639,426 (2023)
- Giving Rate: 4.2% of assets
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
188 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
The foundation is led by the Borisenok family, all of whom serve without compensation:
- Walter S. Borisenok – President (1 hour per week)
- Michelle C. Borisenok – Vice President (1 hour per week)
- Michael A. Borisenok – Secretary (0.5 hours per week)
- Nicole W. Borisenok – Treasurer (0.5 hours per week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTER S BORISENOK | PRESIDENT | 1 | — |
| MICHELLE C BORISENOK | VICE PRESIDE | 1 | — |
| MICHAEL A BORISENOK | SECRETARY | 0.5 | — |
| NICOLE W BORISENOK | TREASURER | 0.5 | — |
Contact Information
- Address: 12 Corp Woods Blvd, Albany, NY 12211
- Phone: 518-462-4556
Subject Areas
Focus areas based on grantmaking activity
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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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