Nonprofit · EIN 47-4889657
BORSAND FAMILY FOUNDATION INC
Tax-exempt · BLOOMFLD HLS, MI 48304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $307,300 | $545,051 | -$237,751 | $6,714,669 | $0 | $6,714,669 |
| December 31, 2024 | 990-PF | $1,224,043 | $466,760 | $757,283 | $6,342,499 | $0 | $6,342,499 |
| December 31, 2023 | 990-PF | $247,297 | $503,470 | -$256,173 | $4,903,013 | $0 | $4,903,013 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $118,274
- Interest
- $10,363
- Net gain from sales of assets
- $178,591
- Other income
- $72
Expenses
- Grants and similar amounts paid
- $363,457
- Disbursements for charitable purposes
- $363,457
- Excise tax on investment income
- $1,296
Balance sheet and other
- Total assets, start of year
- $6,342,499
- Total assets, end of year
- $6,714,669
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,714,669
- Qualifying distributions
- $363,457
- Net investment income
- $134,874
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EILEEN P BORSAND 211 LOWELL COURT, BLOOMFIELD HILLS, MI 48304 | PRESIDENT | 0 | $0 |
| GERALD C BORSAND 211 LOWELL COURT, BLOOMFIELD HILLS, MI 48304 | SECRETARY/TR | 0 | $0 |
| LISA CAROLD COHEN 14401 VERNON, OAK PARK, MI 48231 | DIRECTOR | 0 | $0 |
| JONATHAN BORSAND 26302 MEADOWCREST BLVD, HUNTINGTON WOODS, MI 48070 | DIRECTOR | 0 | $0 |
| MARCY LYNN FORTA 25514 GARDNER, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
| REMY ELIZABETH POLTER 25530 COLLEEN, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
| DENISE SUZANNE BORSAND 14270 VERNON STREET, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EILEEN P BORSAND 211 LOWELL COURT, BLOOMFIELD HILLS, MI 48304 | PRESIDENT | 0 | $0 |
| GERALD C BORSAND 211 LOWELL COURT, BLOOMFIELD HILLS, MI 48304 | SECRETARY/TR | 0 | $0 |
| LISA CAROLD COHEN 14401 VERNON, OAK PARK, MI 48231 | DIRECTOR | 0 | $0 |
| JONATHAN BORSAND 26302 MEADOWCREST BLVD, HUNTINGTON WOODS, MI 48070 | DIRECTOR | 0 | $0 |
| MARCY LYNN FORTA 25514 GARDNER, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
| REMY ELIZABETH POLTER 25530 COLLEEN, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
| DENISE SUZANNE BORSAND 14270 VERNON STREET, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EILEEN P BORSAND 211 LOWELL COURT, BLOOMFIELD HILLS, MI 48304 | PRESIDENT | 0 | $0 |
| GERALD C BORSAND 211 LOWELL COURT, BLOOMFIELD HILLS, MI 48304 | SECRETARY/TR | 0 | $0 |
| LISA CAROLD COHEN 14401 VERNON, OAK PARK, MI 48231 | DIRECTOR | 0 | $0 |
| JONATHAN BORSAND 26302 MEADOWCREST BLVD, HUNTINGTON WOODS, MI 48070 | DIRECTOR | 0 | $0 |
| MARCY LYNN FORTA 25514 GARDNER, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
| REMY ELIZABETH POLTER 25530 COLLEEN, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
| DENISE SUZANNE BORSAND 14270 VERNON STREET, OAK PARK, MI 48237 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 211 LOWELL CT, BLOOMFLD HLS, MI 48304-3548
- In care of
- % EILEEN P BORSAND
- Signed the 990-PF
- GERALD C BORSAND, SECRETARY/TREASURER
- Phone
- (248) 981-4304
- Return prepared by
- LOTITO & LAZZARA PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-4889657
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $6,714,669
- Income (IRS master file)
- $735,202
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $307,300 | $545,051 | $6,714,669 | XML |
| 990-PF | December 2024 | $1,224,043 | $466,760 | $6,342,499 | IRS |
| 990-PF | December 2023 | $247,297 | $503,470 | $4,903,013 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4889657).
Questions about BORSAND FAMILY FOUNDATION INC
- What is the EIN of BORSAND FAMILY FOUNDATION INC?
- The employer identification number (EIN) of BORSAND FAMILY FOUNDATION INC is 47-4889657.
- Is BORSAND FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to BORSAND FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BORSAND FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BORSAND FAMILY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BORSAND FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BORSAND FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does BORSAND FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $307,300, expenses of $545,051 and total assets of $6,714,669 at year end.
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