Funder DirectoryMARVIN & BETTY BORMAN FOUNDATION
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Private foundation (trust)EIN 411506784Est. 1985-07

MARVIN & BETTY BORMAN FOUNDATION

DEEPHAVEN, MN 55391

Total Assets

$12.4M

FY 2024

Annual Giving

$484K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$69K

FY 2024

Grant Range

$30K–$141K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$1.4M

Total Expenses

$644K

Qualifying Distributions

$494K

Distributable Amount

$583K

Min. Investment Return

$602K

Undistributed Income

$381K

Payout rate 85%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.85%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $30K through median $40K to maximum $141K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $808K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

32 grants

TEMPLE ISRAEL MINNEAPOLIS
$505K
3 grants
ST THOMAS UNIVERSITY
$450K
2 grants
PLANNED PARENTHOOD LEAGUE OF MASSACHUSETTS INC
$287K
3 grants
PLANNED PARENTHOOD NORTHERN CALIFORNIA
$286K
3 grants
PLANNED PARENTHOOD NORTH CENTRAL STATES
$190K
2 grants
ANTIDEFAMATION LEAGUE FOUNDATION
$141K
1 grant
MINNEAPOLIS JEWISH FEDERATION
$84K
3 grants
BIONIC PROJECT INC
$70K
2 grants

Grant Size Distribution

32 grants

<$10K
5
grants
$10–50K
14
grants
$50–250K
13
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

Minnesota
$1.4M
59% of total
Massachusetts
$447K
19% of total
California
$385K
16% of total
New York
$141K
6% of total

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