Keith And Cecilia Terasaki Family Foundation
- Assets
- $11.7m
- Revenue
- $1.7m
- Investments
- $11.5m
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 02/2013
- Data as of
- 12/2021
- EIN
- 46-1550552
Organization Overview
Keith And Cecilia Terasaki Family Foundation is located in Arcadia, CA. The organization was established in 2013. 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. Keith And Cecilia Terasaki Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Keith And Cecilia Terasaki Family Foundation has awarded 222 individual grants totaling $4,749,621. 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 |
|---|---|---|---|
Keith K Terasaki President | 0 | $0 | |
Cecilia Terasaki Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $209,257 |
| Interest on Savings | $17 |
| Dividends & Interest | $271,730 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,267,303 |
| Capital Gain Net Income | $1,267,303 |
| Net ST Capital Gain | $650,910 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,748,307 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,054 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $85,491 |
| Total operating and administrative expenses | $113,486 |
| Contributions, gifts, grants paid | $634,959 |
| Total expenses and disbursements | $748,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $222,375 |
| 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 | $5,010 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,497,156 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,741,706 |
| 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, Keith And Cecilia Terasaki Family Foundation has awarded $634,959 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
UCLA DEVELOPMENT PURPOSE: ENDOWED CHAIR IN DIVSION OF LIFE SCIENCESSUPPORT INSTITUTE OF THE ENVIRONMENT AND SUSTAINABILITYSUPPORT UCLA GALACTIC CENTER GROUP FUND - PHYSICS & ASTRONOMY | $100,965 |
Los Angeles, CA PURPOSE: BOARD MEMBER CONTRIBUTIONSUPPORT CAMPUS EXPANSION, CELEBRATE COLBURN EVENT AND OTHER EVENTS | $60,000 |
WEILL CORNELL MEDICAL COLLEGE PURPOSE: SUPPORT B-CELL LYMPHOMA LLS PROJECT FUND | $50,000 |
YMCA OF METROPOLITAN LOS ANGELES PURPOSE: GENERAL SUPPORT | $50,000 |
Duarte, CA PURPOSE: SUPPORT RYOTARO NAKAMURA POST-TRANSPLANTATION IMMUNOTHERAPY PROGRAM | $50,000 |
Commerce, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |