Hideo Sasaki Foundation
- Assets
- $644.3k
- Revenue
- $319.7k
- Investments
- $443.1k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 04-3534908
Organization Overview
Hideo Sasaki Foundation is located in Boston, MA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hideo Sasaki Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hideo Sasaki Foundation generated $319.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $358.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hideo Sasaki Foundation has awarded 68 individual grants totaling $313,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MADE GRANTS AND AWARDS TO THIRTY-TWO DIFFERENT ORGANIZATIONS AND PERSONS TO BE USED FOR VARIOUS EDUCATIONAL SERVICES IN THE AREA OF DESIGN, GRANTS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cinkala Treasurer | 1 | $0 | |
Mary Anne Ocampo Chair | 2 | $0 | |
Meredith Mccarthy Secretary | 1 | $0 | |
Elaine Minjy Limmer Vice Chair | 1 | $0 | |
Tao Zhang Trustee | 1 | $0 | |
Chris Sgarzi Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $293,908 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,995 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,755 |
| Capital Gain Net Income | $14,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $319,658 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $145,359 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,382 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,384 |
| Printing and publications | $0 |
| Other expenses | $63,616 |
| Total operating and administrative expenses | $261,737 |
| Contributions, gifts, grants paid | $96,750 |
| Total expenses and disbursements | $358,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,568 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $7,016 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,606 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $443,117 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $644,307 |
| Accounts payable and accrued expenses | $6,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,500 |
Grants Awarded
Over the last fiscal year, Hideo Sasaki Foundation has awarded $96,750 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHINATOWN NEIGHBORHOOD CENTER INC PURPOSE: DESIGN | $2,500 |
CENTER FOR INDEPENDENT DOCUMENTARY PURPOSE: DESIGN | $10,000 |
CHARLES RIVER CONSERVANCY INC PURPOSE: DESIGN | $2,500 |
CLIMABLE INC PURPOSE: DESIGN | $10,000 |
GREENROOTS PURPOSE: DESIGN | $1,250 |
GROUNDWORK SOMERVILLE PURPOSE: DESIGN | $10,000 |