Muto Family Charitable Foundation Inc is located in Lahaina, HI. 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. Muto Family Charitable Foundation Inc 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, Muto Family Charitable Foundation Inc generated $23.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.4%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS TO EDUCATE CHILDREN AND YOUNG ADULTS AND FOSTER THE HABITS THAT ENHANCE THE FINANCIAL AND EMOTIONAL WELL BEING OF SOCIETY AND THE ENVIRONMENT. TO ACHIEVE SUCH PURPOSE, THE FOUNDATION WILL MAKE GRANTS TO OTHER 501(C)(3) QUALIFIED ORGANIZATIONS IN ACCORDANCE TO SECTION 4944, 4945 OF THE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin P Muto Director | 0 | $0 | |
James E Muto Director | 0 | $0 | |
Nathaniel J Muto Director | 0 | $0 | |
Alexander D Muto Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $22,000 |
Interest on Savings | $0 |
Dividends & Interest | $870 |
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 | $486 |
Total Revenue | $23,356 |
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 | $190 |
Total operating and administrative expenses | $190 |
Contributions, gifts, grants paid | $11,000 |
Total expenses and disbursements | $11,190 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,204 |
Savings and temporary cash investments | $171,865 |
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 | $174,069 |
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 |
Over the last fiscal year, Muto Family Charitable Foundation Inc has awarded $11,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
ANNA GRAGAS PURPOSE: SCHOLARSHIP | $4,000 |
NADIA TAKAYAMA PURPOSE: SCHOLARSHIP | $2,000 |
CAMMIE HAWKINS PURPOSE: SCHOLARSHIP | $2,000 |
JULIAN RIMM PURPOSE: SCHOLARSHIP | $2,000 |
VICTORIA TEOH PURPOSE: SCHOLARSHIP | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |
Every Org San Francisco, CA | $5,202,463 | $8,801,096 |