Orokawa Foundation Inc
- Assets
- $0.0
- Revenue
- $6.9m
- Investments
- $101.1m
- Employees
- 0
- Location
- Towson, MD
- Founding
- 01/2005
- Data as of
- 06/2021
- EIN
- 20-1850543
Organization Overview
Orokawa Foundation Inc is located in Towson, MD. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Orokawa Foundation Inc 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 06/2021, Orokawa Foundation Inc generated $6.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Orokawa Foundation Inc has awarded 150 individual grants totaling $14,662,400. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Cleland Vice President | 1 | $96,000 | |
Isobel Cleland President & Secretary | 1 | $0 | |
Jeffrey L Hill Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wms Partners Llc | 6/29/22 | $131,563 |
Df Dent & Co Inc | 6/29/22 | $84,631 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,607 |
| Dividends & Interest | $588,573 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,121,208 |
| Total Revenue | $6,855,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $1,025 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $412,378 |
| Contributions, gifts, grants paid | $4,565,000 |
| Total expenses and disbursements | $4,977,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $64,564,924 |
| Other assets | $9,214 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Orokawa Foundation Inc has awarded $5,354,700 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: ENDOWMENT FUND | $50,000 |
ASSOCIATED CATHOLIC CHARITIES INC PURPOSE: ENDOWMENT FUND | $100,000 |
ATHLETES SERVING ATHLETES PURPOSE: ENDOWMENT FUND | $25,000 |
AVALON FOUNDATION PURPOSE: ENDOWMENT FUND | $10,000 |
BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST INC PURPOSE: ENDOWMENT FUND | $40,000 |
B'MORE CLUBHOUSE PURPOSE: ENDOWMENT FUND | $30,000 |