Makahakama Foundation
- Assets
- $19.4m
- Revenue
- $155.9k
- Investments
- $16.8m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-0992719
Organization Overview
Makahakama Foundation is located in Palo Alto, CA.
For the year ending 12/2023, Makahakama Foundation generated $155.9k in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2023.
Since 2022, Makahakama Foundation has awarded 31 individual grants totaling $721,500. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce A Chung Director, President | 20 | $0 | |
Rene A Lacerte Director, Treasurer, Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30,186 |
| Dividends & Interest | $100,045 |
| 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 | $25,705 |
| Total Revenue | $155,936 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $185,000 |
| Pension plans, employee benefits | $8,310 |
| Interest | $0 |
| Taxes | $36,365 |
| Depreciation | $0 |
| Occupancy | $85,279 |
| Travel, conferences, and meetings | $14,859 |
| Printing and publications | $20 |
| Other expenses | $26,602 |
| Total operating and administrative expenses | $414,324 |
| Contributions, gifts, grants paid | $636,500 |
| Total expenses and disbursements | $1,050,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,442 |
| Savings and temporary cash investments | $2,374,690 |
| 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 | $7,951 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $97,752 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $160,186 |
| Total assets | $19,412,971 |
| Accounts payable and accrued expenses | $23,490 |
| 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 | $464,201 |
| Total liabilities | $487,691 |
Grants Awarded
Over the last fiscal year, Makahakama Foundation has awarded $636,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AYUDANDO LATINOS A SONAR PURPOSE: UNRESTRICTED | $30,000 |
BIG SUR LAND TRUST PURPOSE: UNRESTRICTED | $2,500 |
BOYS & GIRLS CLUBS OF THE PENINSULA PURPOSE: UNRESTRICTED | $5,000 |
CHOPSTICKS ALLEY ART PURPOSE: UNRESTRICTED | $2,000 |
CLIMATE RESILIENT COMMUNITIES PURPOSE: UNRESTRICTED | $5,000 |
ELEMENTAL EXCELERATOR INC PURPOSE: TO SUPPORT THE SCALE UP FUND GRANT PROGRAM | $10,000 |