Nishikawa Family Foundation
- Assets
- $825.9k
- Revenue
- $495.9k
- Investments
- $591.2k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 88-6377833
Organization Overview
Nishikawa Family Foundation is located in Brooklyn, NY. 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. Nishikawa 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 12/2023, Nishikawa Family Foundation generated $495.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $51.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $470,796 |
| Interest on Savings | $13,300 |
| Dividends & Interest | $11,297 |
| 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 | $497 |
| Total Revenue | $495,890 |
| 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 | $0 |
| Total operating and administrative expenses | $1,500 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $51,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $234,719 |
| 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 | $825,890 |
| Accounts payable and accrued expenses | $2,000 |
| 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 | $9,740 |
| Total liabilities | $11,740 |
Grants Awarded
Over the last fiscal year, Nishikawa Family Foundation has awarded $50,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICARES PURPOSE: PROVIDE MEDICINE, MEDICAL SUPPLIES & HEALTH SERVICES TO PEOPLE AFFECTED BY POVERTY OR DISASTER IN OVER 85 COUNTRIES | $5,000 |
BRAIN BEHAVIOR RESEARCH FOUNDATION PURPOSE: FUND INNOVATIVE SCIENTIFIC RESEARCH IN NEUROSCIENCE AND PSYCHIATRY TO FIND CURES FOR MENTAL ILLNESSES | $3,000 |
CHARLES B WANG COMMUNITY HEALTH CEN PURPOSE: PROVIDE HIGH QUALITY AND AFFORDABLE HEALTHCARE TO ALL WITH A FOCUS ON UNDERSERVED ASIAN AMERICANS | $4,000 |
DIRECT RELIEF PURPOSE: IMPROVE THE HEALTH AND LIVES OF PEOPLE AFFECTED BY POVERTY OR EMERGENCY SITUATIONS | $5,000 |
FOUNTAIN HOUSE PURPOSE: CREATE COMMUNITY, INNOVATION & SOCIAL CHANGE FOR PEOPLE IMPACTED BY MENTAL ILLNESS TO LEAD HEALTHY LIVES | $2,000 |
GO2 FOR LUNG CANCER PURPOSE: INCREASE SURVIVAL FOR THOSE AT RISK, DIAGNOSED AND LIVING WITH LUNG CANCER | $3,000 |