The Oki Foundation
- Assets
- $678.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 11/1988
- Data as of
- 12/2022
- EIN
- 91-1394156
Organization Overview
The Oki Foundation is located in Bellevue, WA. The organization was established in 1988. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Oki 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, Oki Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $523.7k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Oki Foundation has awarded 156 individual grants totaling $3,474,372. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie D Oki President/treasurer | 10 | $0 | |
Scott B Oki Vp/secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $997,953 |
| Interest on Savings | $140 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,744 |
| Capital Gain Net Income | $1,007,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,011,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,365 |
| Depreciation | $1,326 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,323 |
| Total operating and administrative expenses | $20,603 |
| Contributions, gifts, grants paid | $503,100 |
| Total expenses and disbursements | $523,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,707 |
| Savings and temporary cash investments | $575,242 |
| 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 | $2,398 |
| Other assets | $0 |
| Total assets | $678,347 |
| Accounts payable and accrued expenses | $14,365 |
| 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 | $14,365 |
Grants Awarded
Over the last fiscal year, The Oki Foundation has awarded $503,100 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
FREDERICK DOUGLASS PROJECT FOR JUSTICE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
FRED HUTCH OBITERIDE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
LAKESIDE SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
RECOVERY CAFE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
SHUNPIKE PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |