Nakashima Foundation For Peace
- Assets
- $2.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New Hope, PA
- Founding
- 03/1986
- Data as of
- 12/2021
- EIN
- 23-2366695
Organization Overview
Nakashima Foundation For Peace is located in New Hope, PA. The organization was established in 1986. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nakashima Foundation For Peace 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, Nakashima Foundation For Peace generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $116.8k during the year ending 12/2021. While expenses have increased by 32.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PEACE ON EACH OF THE SEVEN CONTINENTS OF THE WORLD. TO MAINTAIN THE ARCHITECTURE AND THE COLLECTION OF FURNITURE GEORGE NAKASHIMA DESIGNED AND BUILT. TO STUDY, UPHOLD, AND PERPETUATE THE GREAT SPIRITUAL TRADITIONS HE EMBRACED AND INTEGRATED INTO HIS WORK. TO BUILD ALTARS OF PEACE AND SEND THEM TO ALL PARTS OF THE WORLD AS ECUMENICAL SEEDS OF PEACE PLANTED FOR ALL HUMANKIND
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURS & LECTURES FOR THE PROMOTION OF PEACE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mira Nakashima Yarnall President | OfficerTrustee | 10 | $0 |
John Lutz Treasurer | OfficerTrustee | 10 | $0 |
Jonathan Yarnall Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $982,017 |
| Noncash contributions included in lines 1a–1f | $877,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $982,017 |
| Total Program Service Revenue | $8,185 |
| Investment income | $16,551 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,130 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,683 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,030,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,710 |
| Fees for services: Accounting | $215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,439 |
| Fees for services: Other | $0 |
| Advertising and promotion | $214 |
| Office expenses | $4,155 |
| Information technology | $1,794 |
| Royalties | $0 |
| Occupancy | $12,904 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,141 |
| Insurance | $0 |
| All other expenses | $6,415 |
| Total functional expenses | $116,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,109 |
| Savings and temporary cash investments | $176,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,040,446 |
| Investments—publicly traded securities | $1,092,620 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,600 |
| Total assets | $2,696,897 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,696,897 |
| Total liabilities and net assets/fund balances | $2,696,897 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nakashima Foundation For Peace has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Peace Institute Inc New York, NY | $10,311,911 | $10,765,492 |
Universal Peace Federation Tarrytown, NY | $3,501,266 | $8,868,892 |
Global Peace Foundation Lanham, MD | $3,602,473 | $13,061,043 |
Seeds Of Peace Inc New York, NY | $4,343,630 | $6,184,557 |
Nippon Kaiji Kyokai Fort Lee, NJ | $8,856,357 | $7,011,325 |
Concordia Summit Inc New York, NY | $1,272,481 | $3,044,818 |
Article 19 Inc New York, NY | $1,868,031 | $4,319,144 |
The Threshold Foundation Brewster, NY | $5,149,159 | $2,369,206 |
Global Capital Of World Peace Romney, WV | $15,234,242 | $742,027 |
T Ruah New York, NY | $1,426,817 | $2,567,813 |
Friends Of Givat Haviva Inc New York, NY | $1,485,431 | $2,799,978 |
Abraham Fund Initiatives New York, NY | $1,092,046 | $1,351,881 |