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Mary Owen Borden Memorial Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Mary Owen Borden Memorial Foundation

4 Blackpoint Horseshoe

Rumson, NJ United States 07760-1929

Telephone: (732) 741-4645

URL: fdnweb.org/borden

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $14,502,522

Total giving: $801,560

EIN

136137137

BRIDGE Number

3732815898

Background

Incorporated in 1934 in NJ - The Mary Owen Borden Foundation was founded by Bertram H. Borden in June of 1934 to honor his recently departed wife. The Foundation began with five trustees: The Reverend William H. Owen, John C. Borden, Arthur B. Borden, Doris Borden, and William G. Gridley. Bertram Borden served as the Treasurer. Much of the Foundation's early giving was provided to charities in and around Rumson, New Jersey, including Victory Park, Rumson High School, and the Mary Owen Borden wing of the Monmouth Medical Center. In addition, the Foundation provided funds to support the John C. Borden auditorium at the Manhattan School of Music. In recent decades, the Foundation has limited its new funding to New Jersey's Mercer and Monmouth

Purpose and Activities

The foundation's special focus will be on programs in New Jersey's Mercer and Monmouth counties, addressing the needs of economically disadvantaged youth and their families. This will include health, family planning, education, counseling, child care, substance abuse, and delinquency. Other areas of interest include affordable housing, conservation and the environment, and the arts.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships only to graduates of Rumson-Fair Haven New Jersey Regional High School, NJ.

Fields of Interest

Subjects
  • Addiction services
  • Alcoholism
  • Arts and culture
  • Child development
  • Child educational development
  • Child welfare
  • Crime prevention
  • Diseases and conditions
  • Early childhood education
  • Education
  • Environment
  • Family planning
  • Family services
  • Health
  • Homeless services
  • Housing development
  • Housing for the homeless
  • Human services
  • Mental health care
  • Natural resources
  • Women's services
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Females
  • Homeless people
  • Low-income and poor people
Organizations
  • Associations

Financial Data

Year ended 2014-12-31

Assets: $14,502,522 (market value)

Expenditures: $1,019,512

Total giving: $801,560

Qualifying distributions: $861,717