Tsutayo Icioka & Satsuki Nakao Charitable Foundation
- Assets
- $8.1m
- Revenue
- $225.0k
- Investments
- $7.7m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 12/2001
- Data as of
- 06/2023
- EIN
- 95-4845625
Organization Overview
Tsutayo Icioka & Satsuki Nakao Charitable Foundation is located in Pasadena, CA. The organization was established in 2001. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Tsutayo Icioka & Satsuki Nakao Charitable 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 06/2023, Tsutayo Icioka & Satsuki Nakao Charitable Foundation generated $225.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $564.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tsutayo Icioka & Satsuki Nakao Charitable Foundation has awarded 144 individual grants totaling $3,258,950. 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 |
|---|---|---|---|
Max Krech Trustee | 0.75 | $9,000 | |
Jane Krech Trustee | 2.5 | $31,200 | |
Douglas Krech Trustee | 2.5 | $31,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $939 |
| Dividends & Interest | $356,631 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$132,615 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $224,955 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $71,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,834 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,122 |
| Total operating and administrative expenses | $126,156 |
| Contributions, gifts, grants paid | $438,000 |
| Total expenses and disbursements | $564,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271 |
| Savings and temporary cash investments | $461,134 |
| 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 | $1,602,714 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,128,661 |
| 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, Tsutayo Icioka & Satsuki Nakao Charitable Foundation has awarded $438,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
USC SCHOOL OF MEDICINE PURPOSE: GENERAL PURPOSE | $143,000 |
CHANDLER SCHOOL PURPOSE: GENERAL PURPOSE | $5,000 |
USC SCHOOL OF PHARMACY PURPOSE: GENERAL PURPOSE | $75,000 |
FLINTRIDGE PREPARATORY SCHOOL PURPOSE: GENERAL PURPOSE | $5,000 |
FIVE ACRES PURPOSE: GENERAL PURPOSE | $7,500 |
UNION STATION PASADENA PURPOSE: GENERAL PURPOSE | $20,000 |