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Filing year 2024

The Borman Family Foundation

Oakland, Maine·EIN 01-0522171·NTEE T99 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$851k
Total assets
$11.1M
Total expenses
$0
Reported officers
7

Executive compensation

Form 990-PF · Schedule J · 7 reported individuals · Filing year 2024

Vice President
vice president
$10k
$11k
Treasurer/secretary
unclassified
$6k
$6k
President
unclassified
$6k
$6k
Associate Director
unclassified
$3k
$3k
Associate Director
unclassified
$3k
$3k
Associate Director
unclassified
$2k
$2k
Associate Director
unclassified
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Held roughly steady
over 2 years

From $10k in 2022 to $10k in 2024.

$10k
2022
$10k
2023
$10k
2024
In today's dollarsEst.
Down 6% in real terms$12k to $11k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

The Borman Family Foundation reported revenue and expenses across 3 filing years.

RevenueExpenses
$711k
2022
$133k
2023
$851k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn

Comparable philanthropy, voluntarism & grantmaking organizations nationwide pay their highest-earning executive a median of $16,634.

25th percentile
$6k
Median
$16,634
75th percentile
$48k
90th percentile
$116k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 7,831 organizations across 7,831 filings (2021 – 2023).

See full Philanthropy, Voluntarism & Grantmaking compensation data
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