Endowment / Foundation

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Liatis Foundation

The Liatis Foundation represents the philanthropic arm of the Borick family, whose wealth stems from Superior Industries International, a major manufacturer of...

Liatis Foundation logo

Liatis Foundation

The Liatis Foundation represents the philanthropic arm of the Borick family, whose wealth stems from Superior Industries International, a major manufacturer of aluminum wheels for passenger cars and light trucks. Steven Borick, who served as CEO of the publicly traded company, serves as the foundation's president. The institution historically focused on arts and education, including a notable association with Mills College, where it funded fellowships and awards. In 2020, the Liatis Foundation merged with the Louis L. Borick Foundation, bringing the family's giving vehicles under a more unified structure operating from Houston. The foundation's grantmaking centers on early childhood investment, evidenced by its membership in the LA Partnership for Early Childhood Investment and philanthropic partnership with the GreenLight Fund. While specific grant sizes are not publicly disclosed, the foundation's posture suggests a focus on systemic, community-level interventions rather than capital-intensive institutional gifts. The geographic footprint spans both California — where Superior Industries maintained its long-time Van Nuys headquarters, a property the foundation owns — and Texas, home to its current operations. Governance rests with family directors Robert Borick and Linda Borick Davidson, alongside President Steven Borick, indicating tight family control. The foundation also functions as landlord to Superior Industries through its ownership of the company's former headquarters at 7800 Woodley Avenue in Van Nuys. A separate entity, the Nita Borick Management Trust — named for the family matriarch — adds another layer to the Boricks' wealth architecture. In 2020, the merger of Liatis with the Louis L. Borick Foundation streamlined the family's philanthropic governance, consolidating what were previously parallel giving structures. The foundation's structural differentiator lies in its dual identity as both grantmaker and significant corporate shareholder. This configuration creates an uncommon alignment between the operating business's fortunes and the foundation's philanthropic capacity, linking industrial manufacturing cash flows directly to early childhood and education funding priorities.

General information

Firm type

Endowment / Foundation

Year founded

1993

Location

Region

North America

Country

United States

City

Houston

Corporate office

2707 Kipling St, Houston, TX 77098, United States

Principals

Steven Borick

President

Robert Borick

Director

Linda Borick Davidson

Director

Sector focus

Arts & CultureEducationEarly Childhood

Frequently asked questions

Who runs investment decisions at the Liatis Foundation?

Governance rests with President Steven Borick and family directors Robert Borick and Linda Borick Davidson, indicating direct family oversight. The foundation does not publicly disclose a separate investment committee or outsourced CIO arrangement, suggesting principal-led management consistent with a family foundation of this profile.

Where does the underlying wealth come from?

The foundation's assets derive from the Borick family's ownership of Superior Industries International, a publicly traded manufacturer of aluminum wheels for passenger vehicles. Steven Borick served as CEO of Superior Industries, and the family remains a significant shareholder. The foundation also owns the company's former headquarters property in Van Nuys, California.

How is the Liatis Foundation related to the Louis L. Borick Foundation?

In 2020, the Liatis Foundation merged with the Louis L. Borick Foundation, consolidating two separate family giving vehicles into a single entity. Louis L. Borick was the founder of Superior Industries and the patriarch of the family. The merger unified their philanthropic governance under the Houston-based combined foundation.

What sectors does the Liatis Foundation focus its grantmaking on?

The foundation prioritizes early childhood investment — evidenced by its membership in the LA Partnership for Early Childhood Investment — and education, historically including fellowship and award programs at Mills College. The foundation's partnership with the GreenLight Fund further signals a commitment to community-based social interventions.

Does the foundation hold assets beyond grantmaking endowments?

Yes. The foundation holds a significant equity position in Superior Industries International, the source of the family's wealth, and owns the commercial real estate at 7800 Woodley Avenue in Van Nuys, California — the company's former headquarters. This hybrid asset base links operating-company performance directly to philanthropic capacity.

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