Easter Island Foundation
- Assets
- $199.0k
- Revenue
- $165.8k
- Investments
- $35.0k
- Employees
- 0
- Location
- Los Osos, CA
- Founding
- 06/1978
- Data as of
- 12/2021
- EIN
- 95-3220730
Organization Overview
Easter Island Foundation is located in Los Osos, CA. The organization was established in 1978. 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. Easter Island 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, Easter Island Foundation generated $165.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $78.3k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 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.
Since 2015, Easter Island Foundation has awarded 92 individual grants totaling $185,060. 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
PROVIDED 20 SCHOLARSHIPS FOR THE ADVANCED EDUCATION OF PERSONS OF EASTER ISLAND (RAPANUI) ANCESTRY
PROVIDED DONATIONS TO TOKI MUSIC SCHOOL FOR CLASSES INCLUDING PIANO, VIOLIN, CELLO, ORCHESTRA, UKULELE, AS WELL AS TRADITIONAL ANCESTRAL SONG. TOKI TEACHES RAPANUI CHILDREN ABOUT THE SOCIAL, CULTURAL, AND ENVIRONMENTAL HERITAGE OF RAPU NUI THROUGH ITS MUSIC AND ART PROGRAMS OF EASTER ISLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rose President | 3 | $0 | |
Marla Wold Vice Preside | 1 | $0 | |
Kathi Merritt Secretary | 2 | $0 | |
Rachel Lee Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $164,057 |
| Interest on Savings | $3 |
| Dividends & Interest | $374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104 |
| Capital Gain Net Income | $104 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,280 |
| Total Revenue | $165,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $15,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,894 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,683 |
| Other expenses | $8,627 |
| Total operating and administrative expenses | $33,071 |
| Contributions, gifts, grants paid | $45,200 |
| Total expenses and disbursements | $78,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,368 |
| Savings and temporary cash investments | $125,794 |
| 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 | $1,802 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,011 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $198,975 |
| 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, Easter Island Foundation has awarded $45,200 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
TOKI RAPA NUI SCHOOL OF MUSIC ART PURPOSE: TO HELP PROVIDE TRADITIONAL MUSIC CL | $5,200 |
RODRIGO ARAKI ROJAS PURPOSE: TO HELP DEFRAY HIGHER EDUCATION COST | $2,000 |
ESTEFANIA MATAURI-URI COFRE PAKARAT PURPOSE: TO HELP DEFRAY HIGHER EDUCATION COST | $2,000 |
CAMILA VAI TIARE QUEZADA TUKI PURPOSE: TO HELP DEFRAY HIGHER EDUCATION COST | $2,000 |
EMILIA PALMA TUKI PURPOSE: TO HELP DEFRAY HIGHER EDUCATION COST | $2,000 |
MAHANI BELEN ANTONIA SALINAS ATAN PURPOSE: TO HELP DEFRAY HIGHER EDUCATION COST | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Easter Island Foundation has recieved totaling $115,000.
| Awarding Organization | Amount |
|---|---|
David And Amy Fulton Foundation Seattle, WA PURPOSE: GENERAL OPPERATING SUPPORT | $100,000 |
Wold Foundation Casper, WY PURPOSE: PROJECT - EIF SCHOLARSHIP PROGRAM FOR EDUCATIONAL PROGRAMS FOR YOUTH | $10,000 |
Cross Ridge Foundation Inc New York, NY PURPOSE: GENERAL PURPOSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |