Tsuha Foundation
- Assets
- $5.8m
- Revenue
- $697.8k
- Investments
- $5.7m
- Employees
- 0
- Location
- Escondido, CA
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 46-1547854
Organization Overview
Tsuha Foundation is located in Escondido, CA. The organization was established in 2015. 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. Tsuha 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 12/2022, Tsuha Foundation generated $697.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tsuha Foundation has awarded 64 individual grants totaling $3,917,960. 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 |
|---|---|---|---|
Wallace Tsuha Director, President | 1 | $0 | |
Jennifer Pelling Director, Secretary | 1 | $0 | |
Christopher Tsuha Director | 1 | $0 | |
David Pelling Director, Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $180,252 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $517,487 |
| Capital Gain Net Income | $517,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41 |
| Total Revenue | $697,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6,319 |
| Taxes | $1,510 |
| Depreciation | $0 |
| Occupancy | $9,600 |
| Travel, conferences, and meetings | $8,419 |
| Printing and publications | $0 |
| Other expenses | $43,419 |
| Total operating and administrative expenses | $142,554 |
| Contributions, gifts, grants paid | $2,644,010 |
| Total expenses and disbursements | $2,786,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,004 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,832,614 |
| 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, Tsuha Foundation has awarded $2,644,010 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION PURPOSE: TO SUPPORT CALIFORNIA POLYTECHNIC STATE UNIVERSITY. | $10,000 |
INTERFAITH COMMUNITY SERVICES INC PURPOSE: TO ASSIST LOCAL PEOPLE WITH FOOD, HOUSING, EMPLOYMENT, TREATMENT AND OTHER EMERGENCY RESOURCES. | $50,000 |
PUNAHOU SCHOOL PURPOSE: TO SUPPORT THE ACADEMICS OF YOUTH AT THE SCHOOL. | $45,000 |
WORKSHOPS FOR WARRIORS PURPOSE: TO PROVIDE FUNDS FOR QUALITY TRAINING, ACCREDITED STEM EDUCATIONAL PROGRAMS, AND OPPORTUNITIES TO EARN CREDENTIALS. | $20,000 |
ACE FOUNDATION PURPOSE: TO SUPPORT ASIAN AMERICAN AND PACIFIC ISLANDER BUSINESSES AND COMMUNITIES. | $25,000 |
ANGEL CITY ALLIANCE PURPOSE: TO SUPPORT INDIVIDUALS WITH PHYSICAL DISABILITIES OR VISUAL IMPAIRMENTS THROUGH SPORTS. | $25,000 |