Charles & Mitch Ota Foundation
- Assets
- $15.4m
- Revenue
- $909.8k
- Investments
- $10.2m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-3255584
Organization Overview
Charles & Mitch Ota Foundation is located in Honolulu, HI. 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. Charles & Mitch Ota 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 12/2021, Charles & Mitch Ota Foundation generated $909.8k in total revenue.
Since 2020, Charles & Mitch Ota Foundation has awarded 31 individual grants totaling $1,756,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie T Okamura Vp, Director | 0 | $0 | |
Ryan Odanaka President | 1 | $0 | |
Doreen L Mizuki Secretary & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $404 |
| Dividends & Interest | $272,185 |
| Net Rental Income | $409,279 |
| Net Gain on Sale of Assets | $169,368 |
| Capital Gain Net Income | $169,368 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,458 |
| Total Revenue | $909,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,400 |
| Other expenses | $68,244 |
| Total operating and administrative expenses | $239,596 |
| Contributions, gifts, grants paid | $903,000 |
| Total expenses and disbursements | $1,142,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,350 |
| Savings and temporary cash investments | $375,169 |
| 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 | $4,790,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,217,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,430,518 |
| 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, Charles & Mitch Ota Foundation has awarded $903,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Honolulu, HI PURPOSE: TO CHARLES AND MITCH OTA FOUNDATION FUND | $285,000 |
Honolulu, HI PURPOSE: $85,000 TO CHARLES & MITCH OTA FOUNDATION FUND, $100,000 TO STRONGER TOGETHER SCHOLARSHIP FUND | $185,000 |
Honolulu, HI PURPOSE: CHARLES & MITCH OTA FOUNDATION FUND | $130,000 |
Honolulu, HI PURPOSE: CHARLES & MITCH OTA FOUNDATION FUND | $40,000 |
Wailuku, HI PURPOSE: $20,000 TO KING KEKAULIKE HIGH AND $10,000 TO LOKELANI INTERMEDIATE AVID PROGRAMS,10% ADMIN FEE | $33,000 |
Kahului, HI PURPOSE: AVID PROGRAMS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |
Kenneth T And Eileen L Norris Foundation Long Beach, CA | $111,335,469 | $18,433,080 |
Ebay Foundation San Jose, CA | $60,566,868 | $33,616,987 |