Hasumi International Research Foundation
- Assets
- $179.5k
- Revenue
- $276.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 84-3024601
Organization Overview
Hasumi International Research Foundation is located in Washington, DC. 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. Hasumi International Research 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, Hasumi International Research Foundation generated $276.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $295.6k during the year ending 12/2022. While expenses have increased by 18.7% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
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 |
|---|---|---|---|
Kenichiro Hasumi MD President / Director | 5 | $0 | |
Sarah K Sappenfield Secretary / Treasurer / Director | 40 | $126,000 | |
Jun Hasumi MD Director | 1 | $0 | |
Sanae Kora Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $276,769 |
| 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 | $0 |
| Total Revenue | $276,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $126,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,546 |
| Interest | $0 |
| Taxes | $10,416 |
| Depreciation | $2,929 |
| Occupancy | $36,388 |
| Travel, conferences, and meetings | $5,693 |
| Printing and publications | $0 |
| Other expenses | $12,309 |
| Total operating and administrative expenses | $215,635 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $295,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,997 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $14,639 |
| 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 | $303 |
| Other assets | $29,542 |
| Total assets | $179,481 |
| Accounts payable and accrued expenses | $17,261 |
| 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 | $17,261 |
Grants Awarded
Over the last fiscal year, Hasumi International Research Foundation has awarded $80,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THOMAS JEFFERSON UNIVERSITY PURPOSE: RESEARCH | $50,000 |
THOMAS JEFFERSON UNIVERSITY PURPOSE: RESEARCH | $30,000 |