Mitsubishi Corporation Foundation For The Americas
- Assets
- $625.9k
- Revenue
- $538.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1992
- Data as of
- 12/2023
- EIN
- 13-3676166
Organization Overview
Mitsubishi Corporation Foundation For The Americas is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mitsubishi Corporation Foundation For The Americas 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, Mitsubishi Corporation Foundation For The Americas generated $538.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $623.6k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mitsubishi Corporation Foundation For The Americas has awarded 130 individual grants totaling $9,390,620. 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 MISSION OF THE MITSUBISHI CORPORATION FOUNDATION FOR THE AMERICAS (MCFA) IS TO PROMOTE ENVIRONMENTAL CAUSES THROUGHOUT THE AMERICAS IN THE BROADEST SENSE, WHICH ENCOMPASSES BOTH THE PHYSICAL AND SOCIAL ENVIRONMENTS IN WHICH WE LIVE. IN FURTHERANCE OF OUR MISSION WE SUPPORT A WIDE RANGE OF PROJECTS IN THE FOLLOWING FOUR CATEGORIES: BIODIVERSITY CONSERVATION, SUSTAINABLE DEVELOPMENT, ENVIRONMENTAL JUSTICE, AND ENVIRONMENTAL EDUCATION. IN 2023, GRANTS WERE AWARDED TO SUPPORT THE MISSION OF SIX EXEMPT ORGANIZATIONS THAT WORK WITH ENVIRONMENTAL CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hidenori Takaoka President And Chairman (thru Apr 2023) | 1 | $0 | |
Tetsuo Kawate President And Chairman (from Apr 2023) | 1 | $0 | |
Joseph Reganato Executive Director And Secretary | 3 | $0 | |
Eiji Ohigashi Treasurer | 1 | $0 | |
Diane Knox Director | 1 | $0 | |
Tadashi Omatoi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $530,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,379 |
| Total Revenue | $538,379 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,904 |
| Printing and publications | $0 |
| Other expenses | $7,659 |
| Total operating and administrative expenses | $22,863 |
| Contributions, gifts, grants paid | $600,742 |
| Total expenses and disbursements | $623,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,385 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $351,499 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $625,884 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $500,000 |
| 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 | $500,000 |
Grants Awarded
Over the last fiscal year, Mitsubishi Corporation Foundation For The Americas has awarded $860,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
EARTH RANGERS USA FOUNDATION PURPOSE: TO EMPOWER KIDS TO BECOME ENVIRONMENTAL LEADERS AT HOME, IN SCHOOL, AND IN THEIR COMMUNITIES IN CANADA AND THE UNITED STATES. | $55,000 |
EQUITABLE ORIGIN INC PURPOSE: TO SAFEGUARD BIODIVERSITY BY STRENGTHENING INDIGENOUS RIGHTS IN PERU, MEXICO, AND THROUGHOUT LATIN AMERICA. | $100,000 |
LATIN AMERICAN LEADERSHIP FOUNDATION PURPOSE: TO SUPPORT THE DEVELOPMENT OF A NEW GENERATION OF SUSTAINABILITY CONSCIOUS LEADERS IN LATIN AMERICA. | $55,000 |
NATURESERVE PURPOSE: TO RAISE AWARENESS OF THE BIODIVERSITY CRISES IN THE U.S. THROUGH COMMUNICATION AND ONLINE ENGAGEMENT. | $50,000 |
SOLIDARIDAD NORTH AMERICA PURPOSE: TO INTRODUCE REGENERATIVE AGRICULTURAL PRACTICES IN MEXICO AND SUPPORT FARMERS IN GAINING ACCESS TO VOLUNTARY CARBON MARKETS. | $50,000 |
YELLOWSTONE TO YUKON PURPOSE: SUPPORT FOR INDIGENOUS-LED LAND CONSERVATION TO HELP RESTORE A THRIVING CARIBOU POPULATION IN THE CANADIAN ROCKIES. | $50,000 |