Kenneth And Diane Matsuura Foundation
- Assets
- $2.7m
- Revenue
- $170.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-4584711
Organization Overview
Kenneth And Diane Matsuura Foundation is located in Honolulu, HI. The organization was established in 2009. 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. Kenneth And Diane Matsuura 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 12/2021, Kenneth And Diane Matsuura Foundation generated $170.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.0%) each year. All expenses for the organization totaled $305.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kenneth And Diane Matsuura Foundation has awarded 386 individual grants totaling $1,037,353. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF VARIOUS 501(C)(3) ORGANIZATION.S FOR 2021, FIFTY EIGHT ORGANIZATIONS WERE SUPPORTED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Matsuura President | 1 | $0 | |
Keven Matsuura Treasurer | 1 | $0 | |
Leigh Anne Colbert Secretary | 1 | $0 | |
Diane Matsuura Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,785 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,917 |
| Net Rental Income | $4,260 |
| Net Gain on Sale of Assets | $31,834 |
| Capital Gain Net Income | $31,834 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,444 |
| Depreciation | $19,693 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,577 |
| Total operating and administrative expenses | $74,726 |
| Contributions, gifts, grants paid | $230,280 |
| Total expenses and disbursements | $305,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $632,738 |
| Savings and temporary cash investments | $111,825 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,400 |
| Net Investments - land, buildings, equipment | $465,256 |
| Investments—mortgage loans | $0 |
| Investments—other | $841,449 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,719,093 |
| Accounts payable and accrued expenses | $0 |
| 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 | $28,500 |
| Total liabilities | $28,500 |
Grants Awarded
Over the last fiscal year, Kenneth And Diane Matsuura Foundation has awarded $230,280 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
WE ARE OCEANIA PURPOSE: PHILANTHROPIC PURPOSES | $50,000 |
HARRIS UNITED METHODIST CHURCH PURPOSE: PHILANTHROPIC PURPOSES | $38,079 |
Eugene, OR PURPOSE: PHILANTHROPIC PURPOSES | $20,726 |
UNIVERSITY OF HAWAII FOUNDATION PURPOSE: PHILANTHROPIC PURPOSES | $18,000 |
KOKUA KALIHI VALLEY PURPOSE: PHILANTHROPIC PURPOSES | $12,000 |
DIAMOND HEAD THEATER PURPOSE: PHILANTHROPIC PURPOSES | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kenneth And Diane Matsuura Foundation has recieved totaling $3,400.
| Awarding Organization | Amount |
|---|---|
Hoea The Foundation Honolulu, HI PURPOSE: SUPPORT | $3,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |
Reed Family Giving Palo Alto, CA | $0 | $1,785,630 |