Borrego Foundation

The Borrego Foundation is a grantmaking institution that significantly contributes to left-of-center organizations which share a focus on supporting abortion and environmentalism. 1 Borrego President Mary E. Rubin is a member of the board of directors for the left-leaning Center for Reproductive Rights, a pro-abortion-rights advocacy group. 2

Read More

At-A-Glance

Type: Non-profit, 501(c)(3), Private Foundation
Issue Areas: Abortion Policy
Formation:

1990s

Founder:

Stephen Lieber

President:

Mary E. Rubin

Vice President:

Samuel Lieber

Location: Larchmont, NY View on map
Tax ID: 13-3980920
Most Recent Filing: 2024
Budget (2024): Assets: $52,194,423 Revenue: $2,195,813 Expenses: $4,282,284

Contents

    The foundation has invested substantial funds into a variety of pro-abortion advocacy organizations, including Planned Parenthood and the National Partnership for Women and Families. 1 The group also provides financial support to other left-of-center organizations.

    Funding

    While Borrego makes large contributions in support of abortion advocacy, it also donates to several other left-leaning causes. One large recipient of funding is the left-of-center think-tank Center on Budget and Policy Priorities, which received $75,000 from Borrego in 2016. 3

    Borrego has also bankrolled the International Rescue Committee (IRC)1 that directs its efforts towards driving political pressure and on the ground assistance to humanitarian crises, particularly refugees and displaced persons. Currently, the IRC is promoting awareness of the tensions at the United States border with Mexico and highlighting the urgent needs of those seeking asylum. 4

    Borrego also funds environmentalist and animal rights causes like Woods Hole Oceanographic Institution, World Wildlife Fund, and Conservation International. 5

    Leadership

    The Borrego Foundation was established in the late 1990s by the Lieber family, led by Stephen Lieber, an investor who was described by Fortune as the “king of balanced funds.” 6 The Lieber family also founded the Essel Foundation in the mid-1960s which has primarily focused on mental health causes due the family’s personal experiences with mental disorders. 7

    Stephen’s son Samuel Lieber is recorded as the vice-president, secretary, and treasurer of Borrego. Samuel is also the main funding source for Borrego, contributing many hundreds of thousands of dollars to the foundation. 8 In addition to his work with Borrego, Samuel is the founder and president of Alpine Woods Capital Investors9 that manages over $4.2 billion regulatory assets. 10

    Samuel Lieber is a Democratic political donor, having given to the 2008 presidential campaign of then-Senator Barack Obama. 11

    Mary E. Rubin is president of the Borrego Foundation and guides investing towards left-of-center organizations that primarily focus on feminist causes. In addition to the aforementioned pro-abortion donations, she has also directed financial support towards the Institute for Women’s Policy Research. 12 This institute’s interests lie entirely on women’s issues including wage gap inequality and employment discrimination. 13

    Rubin’s background includes a term as board chair of the left-leaning Nature Conservancy and eight years on the board of directors for Planned Parenthood Hudson Peconic (PPHP). She held multiple roles at PPHP including the chairmanship of fundraising and investment advisory. 14 In 2018, the New York Times reported that the PPHC-operated clinic in White Plains, New York15 had allegedly discriminated against a pregnant employee. 16

    Mary Rubin has made personal political contributions to the campaigns of President Barack Obama and Senator Elizabeth Warren (D-MA). 17

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $52,194,423 $2,195,813 $4,282,284 View
    2023 $47,871,997 $8,522,352 $3,993,945 View
    2022 $49,871,968 $2,266,216 $2,537,461 View
    2021 $55,739,046 $2,189,586 $2,967,394 View
    2020 $50,525,634 $9,042,416 $3,262,857 View

    Prior year filings: 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $1,000
    • Number of Grants: 1
    • Number of Funders: 1

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $13,302,883
    • Number of Grants: 51
    • Number of Recipients: 35

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $3,000,0002024 Center for Reproductive RightsGENERAL USE
    $1,999,7842022 City Harvest, Inc.GENERAL
    $1,500,0002023 Center for Reproductive RightsGENERAL USE OF DONEE
    $1,500,0002023 City Harvest, Inc.GENERAL USE OF DONEE
    $998,2672021 City Harvestgeneral
    $500,0002024 Brain & Behavior Research Foundation (formerly NARSAD)GENERAL USE
    $101,8002020 Brain and Behavior Research Foundationgeneral
    $100,0322021 Brain and Behavior Research Foundationgeneral
    $100,0002022 BRAIN AND BEHAVIOR RESEARCH FOUNDATIONgeneral
    $100,0002021 Center for Reproductive RightsGENERAL
    $50,0002021 Friends of Larchmont Parks IncGENERAL
    $30,0002024 Larchmont Temple IncGENERAL USE
    $30,0002023 Larchmont Temple IncGENERAL USE OF DONEE

    Contact InfluenceWatch to report errors, suggest edits, or provide tips for additional profiles.

    Contact Us

    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. BIG Online: US Foundation Summary. Accessed May 20, 2019. http://www.bigdatabase.com/Big-DB/USFoundation-profiles/BORREGO FOUNDATION-133980920.HTML.
    2. “Mary E. Rubin.” Mary E. Rubin, Co-Founder at Lieber Institute for Brain Development – Relationship Science. Accessed May 20, 2019. https://relationshipscience.com/person/mary-e-rubin-81827751.
    3. Borrego Foundation, Return of a Private Foundation (Form 990-PF), 2016, Contribution Attachment
    4. “International Rescue Committee (IRC).” International Rescue Committee (IRC). Accessed May 20, 2019. https://www.rescue.org/.
    5. BIG Online: US Foundation Summary. Accessed May 20, 2019. http://www.bigdatabase.com/Big-DB/USFoundation-profiles/BORREGO FOUNDATION-133980920.HTML .
    6. Quoted in “Focused and Strategic: How a Family Tapped Wall Street Wealth for Impact on Mental Health.” American Nonprofit Academy. July 23, 2018. Accessed May 20, 2019. https://americannonprofitacademy.com/focused-and-strategic-how-a-family-tapped-wall-street-wealth-for-impact-on-mental-health/.
    7. “Focused and Strategic: How a Family Tapped Wall Street Wealth for Impact on Mental Health.” American Nonprofit Academy. July 23, 2018. Accessed May 20, 2019. https://americannonprofitacademy.com/focused-and-strategic-how-a-family-tapped-wall-street-wealth-for-impact-on-mental-health/
    8. IRS. Form 990. 2014. http://990s.foundationcenter.org/990pf_pdf_archive/133/133980920/133980920_201412_990PF.pdf
    9. Adeniji, Ade. “Samuel A. Lieber.” Inside Philanthropy. July 17, 2018. Accessed May 20, 2019. https://www.insidephilanthropy.com/wall-street-donors/samuel-leiber.
    10. Technologies, Symmetric Information. “Samuel A. Lieber of ALPINE WOODS CAPITAL.” Samuel A. Lieber of Alpine Woods Capital Investors Llc – Profile. Accessed May 20, 2019. http://www.symmetric.io/hedge-fund-employee/SAMUEL-A-LIEBER-EEF0.
    11. “Larchmont, New York (NY) Political Contributions by Individuals.” Larchmont, New York (NY) Political Contributions by Individuals – Donations to Congress, Local, or National Races, Republican or Democrat and Other Candidates. Accessed May 20, 2019. http://www.city-data.com/elec2/08/elec-LARCHMONT-NY-08-part2.html.
    12. “FLORENCE HOWE.” FLORENCE HOWE – Florence in Words. Accessed May 20, 2019. http://www.florencehowe.com/blog/posts/29419.
    13. “Our History & Impact.” Institute for Women’s Policy Research. Accessed May 20, 2019. https://iwpr.org/about/our-history-impact/.
    14. “Mary E. Rubin.” Center for Reproductive Rights. June 11, 2014. Accessed May 20, 2019. https://www.reproductiverights.org/profile/mary-e-rubin.
    15. Kitroeff, Natalie, and Jessica Silver-greenberg. “Planned Parenthood Is Accused of Mistreating Pregnant Employees.” The New York Times. December 20, 2018. Accessed May 20, 2019. https://www.nytimes.com/2018/12/20/business/planned-parenthood-pregnant-employee-discrimination-women.html.
    16. Freiburger, Calvin. “Bombshell NY Times Report Says Planned Parenthood Discriminates against Pregnant Employees.” LifeSiteNews. December 21, 2018. Accessed May 20, 2019. https://www.lifesitenews.com/news/breaking-pregnant-employees-accuse-planned-parenthood-of-mistreatment.
    17. “Larchmont, New York (NY) Political Contributions by Individuals.” Larchmont, New York (NY) Political Contributions by Individuals – Donations to Congress, Local, or National Races, Republican or Democrat and Other Candidates. Accessed May 20, 2019. http://www.city-data.com/elec2/12/elec-LARCHMONT-NY-12-part1.html.