Arakawa Foundation
- Assets
- $8.7m
- Revenue
- $363.9k
- Investments
- $8.5m
- Employees
- 0
- Location
- Medina, WA
- Founding
- 05/2017
- Data as of
- 12/2023
- EIN
- 47-2462681
Organization Overview
Arakawa Foundation is located in Medina, WA. The organization was established in 2017. 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. Arakawa 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, Arakawa Foundation generated $363.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $547.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Arakawa Foundation has awarded 37 individual grants totaling $3,007,018. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yoko Arakawa President | 0 | $0 | |
Maki Arakawa Vice President | 5 | $0 | |
Minoru Arakawa Secretary | 0 | $0 | |
Masayo Anne Arakawa Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $313,994 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,953 |
| Capital Gain Net Income | $49,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $363,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,814 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,249 |
| Printing and publications | $0 |
| Other expenses | $45,446 |
| Total operating and administrative expenses | $57,609 |
| Contributions, gifts, grants paid | $489,718 |
| Total expenses and disbursements | $547,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $248,281 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $302 |
| Total assets | $8,703,760 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Arakawa Foundation has awarded $489,718 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BELONG PARTNERS PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
COLLEGE SUCCESS FOUNDATION PURPOSE: GENERAL OPERATIONS AND LEADERSHIP 1000 SCHOLARSHIPS | $100,000 |
DENISE LOUIE EDUCATION CENTER PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
EDUCATION FIRST PURPOSE: SCHOLARSHIP AND SCHOLAR SUPPORT | $13,600 |
WING LUKE MUSEUM PURPOSE: YOUTH EDUCATION PROGRAMS | $50,000 |
SCHOOL'S OUT WASHINGTON PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |