Emiko Terasaki Foundation
- Assets
- $2.7m
- Revenue
- $117.6k
- Investments
- $2.6m
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2754891
Organization Overview
Emiko Terasaki Foundation is located in Arcadia, CA. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Emiko Terasaki 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, Emiko Terasaki Foundation generated $117.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $291.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Emiko Terasaki Foundation has awarded 31 individual grants totaling $1,065,635. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $397 |
| Dividends & Interest | $106,560 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,638 |
| Capital Gain Net Income | $10,638 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,595 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,983 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,065 |
| Total operating and administrative expenses | $63,119 |
| Contributions, gifts, grants paid | $227,910 |
| Total expenses and disbursements | $291,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,020 |
| Savings and temporary cash investments | $96,616 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2,960 |
| 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 | $333,701 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $592 |
| Total assets | $2,684,774 |
| 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, Emiko Terasaki Foundation has awarded $227,910 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY PARTNERS PURPOSE: SUPPORT LIBROS SCHMIBROS PROGRAM | $30,870 |
JAZZ AT LINCOLN CENTER PURPOSE: SUPPORT 2022 SPRING GALA | $98,700 |
FILM AT LINCOLN CENTER PURPOSE: GENERAL SUPPORT | $23,525 |
THE METROPOLITAN OPERA PURPOSE: GENERAL SUPPORT | $35,000 |
NEW YORK CITY BALLET PURPOSE: SUPPORT ANNUAL OPERATIONS FUND | $24,815 |
WBGOORG PURPOSE: GENERAL SUPPORT | $15,000 |