Shihara Family Foundation
- Assets
- $8.8m
- Revenue
- $240.3k
- Investments
- $8.0m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 12/2018
- Data as of
- 12/2022
- EIN
- 82-3797062
Organization Overview
Shihara Family Foundation is located in Bellevue, WA. The organization was established in 2018. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shihara Family 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 12/2022, Shihara Family Foundation generated $240.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $630.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Shihara Family Foundation has awarded 34 individual grants totaling $3,747,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Shihara President | 0 | $0 | |
Kathy Young Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $221,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,115 |
| Capital Gain Net Income | $19,115 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $240,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,582 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,589 |
| Total operating and administrative expenses | $145,011 |
| Contributions, gifts, grants paid | $485,000 |
| Total expenses and disbursements | $630,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $834,326 |
| 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 | $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 | $0 |
| Total assets | $8,801,227 |
| 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 | $5,540 |
| Total liabilities | $5,540 |
Grants Awarded
Over the last fiscal year, Shihara Family Foundation has awarded $1,295,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MERIT AMERICA PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $100,000 |
MANAGEMENT LEADERSHIP FOR TOMORROW (MLT) PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $100,000 |
GENERATION USA PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $100,000 |
'IOLANI SCHOOL PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $85,000 |
YEAR UP PUGET SOUND PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $100,000 |
MERIT AMERICA PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $100,000 |