Higashi Fam Foundation Tr 122890
- Assets
- $158.0k
- Revenue
- $15.8k
- Investments
- $133.0k
- Employees
- 0
- Location
- Monterey Park, CA
- Founding
- 06/1991
- Data as of
- 12/2021
- EIN
- 95-6918730
Organization Overview
Higashi Fam Foundation Tr 122890 is located in Monterey Park, CA. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Higashi Fam Foundation Tr 122890 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, Higashi Fam Foundation Tr 122890 generated $15.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $25.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $12,299 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,797 |
| Total Revenue | $15,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,230 |
| Contributions, gifts, grants paid | $23,150 |
| Total expenses and disbursements | $25,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,078 |
| 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 | $132,968 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $158,046 |
| 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 | $15,747 |
| Total liabilities | $15,747 |
Grants Awarded
Over the last fiscal year, Higashi Fam Foundation Tr 122890 has awarded $23,150 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
GURRS AND PURRS PURPOSE: SUPPORT ANIMAL ADOPTION | $6,000 |
SALVATION ARMY PURPOSE: PROVIDE SHELTER AND FOOD FOR INDIGENT | $4,000 |
Ypsilanti, MI PURPOSE: PROVIDE SUPPORT FOR NEEDY FAMILIES | $4,000 |
BOYS AND GIRLS CLUB OF WEST SAN GAB PURPOSE: PROVIDE ACTIVITIES AND MENTORING FOR YOUTH | $2,000 |
INTERNATIONAL CHILDCARE MINISTRY PURPOSE: PROVIDE CHILD CARE | $2,000 |
Nashville, TN PURPOSE: PROVIDE RELIGIOUSLITERATURE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |