Kenichi And Takayo Nakase Family Foundation
- Assets
- $1.4m
- Revenue
- $400.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Westminster, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-0738051
Organization Overview
Kenichi And Takayo Nakase Family Foundation is located in Westminster, CA. The organization was established in 2016. 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. Kenichi And Takayo Nakase 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.
For the year ending 12/2021, Kenichi And Takayo Nakase Family Foundation generated $400.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.8% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST CHINESE BAPTIST CHURCH
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $400,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44 |
| Total operating and administrative expenses | $1,272 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $22,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,432,421 |
| 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 | $1,432,421 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $9 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9 |
Grants Awarded
Over the last fiscal year, Kenichi And Takayo Nakase Family Foundation has awarded $21,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
OCO CLUB PURPOSE: GIFT | $10,000 |
NANKA WAKAYAMA KENJIKAI PURPOSE: GIFT | $2,000 |
LITTLE TOKYO SVC CTR TERASAKI BUDKN PURPOSE: GIFT | $1,000 |
JAPANESE AMER NATL MUSEUM PURPOSE: GIFT | $1,000 |
LITTLE TOKYO SVC CTR PURPOSE: GIFT | $1,000 |
KEIRO PURPOSE: GIFT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |