Orokawa Foundation Inc
- Assets
- $0.0
- Revenue
- $8.3m
- Investments
- $73.8m
- Employees
- 0
- Location
- Towson, MD
- Founding
- 01/2005
- Data as of
- 06/2020
- EIN
- 20-1850543
Organization Overview
Orokawa Foundation Inc is located in Towson, MD. The organization was established in 2005. 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. Orokawa Foundation Inc 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 06/2020, Orokawa Foundation Inc generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $5.0m during the year ending 06/2020. While expenses have increased by 11.5% per year over the past 3 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 2020, Orokawa Foundation Inc has awarded 202 individual grants totaling $18,793,100. 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 |
|---|---|---|---|
Bruce Cleland President & Treasurer | 1 | $0 | |
Isobel Cleland Vice President & Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Df Dent & Co Inc | 6/29/21 | $72,283 |
Wms Partners Llc | 6/29/21 | $107,267 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,513 |
| Dividends & Interest | $470,435 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,611,849 |
| Total Revenue | $8,297,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $20,838 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $257,087 |
| Contributions, gifts, grants paid | $4,742,700 |
| Total expenses and disbursements | $4,999,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $51,230,929 |
| Other assets | $26,044 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Orokawa Foundation Inc has awarded $4,565,000 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: ENDOWMENT FUND | $1,150,000 |
PAUL'S PLACE OUTREACH CENTER INC PURPOSE: ENDOWMENT FUND | $350,000 |
YMCA OF CENTRAL MD PURPOSE: ENDOWMENT FUND | $350,000 |
Annapolis, MD PURPOSE: ENDOWMENT FUND | $300,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: LEUKEMIA & LYMPHOMA RESEARCH | $285,000 |
HABITAT FOR HUMANITY PURPOSE: ENDOWMENT FUND | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |