WSB Family Foundation

Private foundation · Grantmaker Albany, NY EIN: 46-1204082

WSB Family Foundation is a private foundation based in Albany, New York. Its 2025 filing reports grants to charitable organizations, with most grant dollars going to recipients in New York.

WSB Family Foundation at a glance

In short: WSB Family Foundation gave $493K across 42 grants in 2025 (avg $12K), mostly in New York. 21% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$493,174
+5.8% vs 2024
Grants made (2025)
42
+2.4% vs 2024
Average grant
$11,742
+3.2% vs 2024
Median grant
$4,500
Total assets
$11,236,993
+3.3% vs 2024
New grantees (estimate)
21% first-time grantees (9 of 42, 2025)
Primary geography
New York (89% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to WSB Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: A Cruden Uhy 4 Tower Pl 7Th Fl, Albany, NY 12203
Phone: (518) 428-1213

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who WSB Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Albany College of Pharmacy & Health: $160KAlbany College of Pharmacy &Health$160KThe Albany Academies: $52KThe Albany Academies$52KRace Track Chaplaincy of America: $29KRace Track Chaplaincy ofAmerica$29KNational Museum of Racing & HOF: $25KNational Museum of Racing &HOF$25KSaratoga Plan: $23KSaratoga Plan$23KSaratoga Performing Arts Center: $21KSaratoga Performing ArtsCenter$21KUniversity of New Hampshire Foundation Inc: $20KUniversity of New HampshireFoundation Inc$20KSaratoga Hospital Foundation: $17KSaratoga Hospital Foundation$17KLifepath: $16KLifepath$16KSt Clement's School: $15KSt Clement's School$15K

The largest 2025 recipient was Albany College of Pharmacy & Health ($160K). Together the top 10 received $377K.

Grant Size Distribution

191 grants across all recorded years

180<$50K3$50–100K7$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 180 grants of 191 (94%).

Geographic Focus

Where this funder awards grants

In 2025, 89% of grant dollars went to recipients in New York, 6% to Florida, and 4% to New Hampshire. The largest listed recipients were concentrated in Albany and Saratoga Springs, New York.

Grant Distribution by State

9states

Share of 2025 grant dollars across all 42 itemized grants.

Cities

AlbanySaratoga SpringsVero BeachBallston SpaSaratoga SpingsSchenectadyElmontFort PierceMemphisMenandsPattersonvilleLake LuzerneLathamNew YorkSan FranciscoNiskayunaTroyJamaicaStillwaterAlexandria

Is WSB Family Foundation open to new grantees?

21%

first-time grantees, 2025

In 2025, 9 of 42 grantees (21%) were first-time recipients. First grants averaged $3K; repeat grants $14K. How we count

Medians: $1K first-time, $6K repeat.

  • 74% of 2025 grantees were also funded in 2024. Method
  • Giving grew 25% from 2022 to 2025. Method
  • In 2025 it paid out 68% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M39 grants2020 32 grants2021 37 grants2022 39 grants2023 41 grants2024 42 grants2025

From 2020 to 2025, annual grant giving ranged from $394K (2022) to $943K (2021). In 2025 it made 42 grants totaling $493K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Albany College of Pharmacy & Health Albany, NYDonation$160,000
The Albany Academies Albany, NYDonation$51,821
Race Track Chaplaincy of America Elmont, NYDonation$28,825
National Museum of Racing & HOF Saratoga Springs, NYDonation$24,750
Saratoga Plan Saratoga Springs, NYDonation$22,550
Saratoga Performing Arts Center Saratoga Springs, NYDonation$21,000
University of New Hampshire Foundation Inc Durham, NHDonation$20,000
Saratoga Hospital Foundation Saratoga Spings, NYDonation$17,000
Lifepath Albany, NYDonation$15,635
St Clement's School Saratoga Springs, NYDonation$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$11,236,993$928,898$577,223$493,17442$493,174$865,104$722,513
2024$10,880,136$529,746$526,601$466,33841$466,338$484,507$677,498
2023$10,876,991$365,628$639,426$588,34939$588,349$323,103$604,336
2022$11,150,789$448,532$447,851$394,24937$394,249$411,839$610,236
2021$11,152,983$1,673,184$1,025,416$942,75632$942,756$1,634,379$658,941
2020$10,502,340$1,159,505$694,514$634,73339—$1,121,988$609,082

Under IRS private-foundation payout rules, WSB Family Foundation reported a distributable amount of $723K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grantees illustrate the range of organizations it supports. Race Track Chaplaincy of America says it provides social service, recreational, educational, and children’s enrichment programs. Saratoga Plan says it works to preserve the rural character, natural habitats, and scenic beauty of the Saratoga County region. Therapeutic Horses of Saratoga says it rescues and retrains retired racehorses for therapeutic programming. Other grantees include the University of New Hampshire Foundation, which coordinates private support for the university, and LifePath, which helps older adults live safely and independently at home.

Grantmaking

In 2025, the foundation awarded 42 grants totaling $493,174. Grants ranged from $250 to $160,000, with a median of $4,500. Its largest 2025 grants included $160,000 to Albany College of Pharmacy & Health, $51,821 to The Albany Academies, $28,825 to Race Track Chaplaincy of America, $24,750 to the National Museum of Racing & Hall of Fame, and $22,550 to Saratoga Plan.

Other notable grants included $21,000 to Saratoga Performing Arts Center, $20,000 to the University of New Hampshire Foundation, $17,000 to Saratoga Hospital Foundation, $15,635 to LifePath, $15,000 to St. Clement’s School, $10,517 to Therapeutic Horses of Saratoga, and $10,000 to Alzheimer & Parkinson Association.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Walter S. Borisenok as president, Michelle C. Borisenok as vice president, Michael A. Borisenok as secretary, and Nicole W. Borisenok as treasurer.

WSB Family Foundation is led by Walter S. Borisenok, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Walter S. Borisenok

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael A. Borisenok

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michelle C. Borisenok

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nicole W. Borisenok

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about WSB Family Foundation

How much does WSB Family Foundation give each year?

WSB Family Foundation gave $493K across 42 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $466K across 41 grants.

What is WSB Family Foundation's typical grant size?

WSB Family Foundation's median grant in 2025 was $4,500, and its average grant was $11,742, across 42 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from WSB Family Foundation that year got $3K on average.

Where does WSB Family Foundation give grants?

WSB Family Foundation gives mostly in New York: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (6%). The most frequent recipient cities were Saratoga Springs, NY (15 grants), Albany, NY (9 grants), Vero Beach, FL (2 grants) and Saratoga Spings, NY (2 grants).

Does WSB Family Foundation give general operating support?

Not in 2025: none of the 42 grants with a stated purpose on WSB Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (42 grants).

Who are WSB Family Foundation's largest grantees?

WSB Family Foundation's largest 2025 grantees include Albany College of Pharmacy & Health ($160,000), The Albany Academies ($51,821) and Race Track Chaplaincy of America ($28,825), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.

How large is WSB Family Foundation?

WSB Family Foundation reported $11.2M in total assets on its 2025 IRS Form 990-PF. It paid out $493K in qualifying distributions that year, against a required minimum of $723K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does WSB Family Foundation fund?

No mission statement for the foundation is provided. Its 2025 grantees illustrate the range of organizations it supports. Race Track Chaplaincy of America says it provides social service, recreational, educational, and children’s enrichment programs. See mission & focus areas ↑

How do I apply for a grant from WSB Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is WSB Family Foundation's EIN?

WSB Family Foundation's EIN (Employer Identification Number) is 46-1204082. IRS Form 990 filing data is available on this page for 2020–2025.

Does WSB Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). WSB Family Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/wsb-family-foundation-morg_6df836c79f1a408e8c0b4d9d0d6b1182

BibTeX
@misc{grantable_461204082_2026,
  author       = {{Grantable}},
  title        = {{WSB Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/wsb-family-foundation-morg_6df836c79f1a408e8c0b4d9d0d6b1182},
  note         = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from WSB Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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