Kasumisou Foundation
- Assets
- $71.3k
- Revenue
- $137.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 94-3314146
Organization Overview
Kasumisou Foundation is located in Menlo Park, CA. The organization was established in 1999. 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. Kasumisou 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, Kasumisou Foundation generated $137.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $116.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR AIDS PATIENTS FAMILY SUPPORT PROGRAM (FSP) PROVIDES HOUSING, FOOD SUPPORT AND SCHOOL EXPENSES TO DESTITUTE CAMBODIAN WOMEN - AND THEIR DEPENDENT CHILDREN - SUFFERING FROM MID TO LATE STAGES OF AIDS. SPECIFICALLY, THE FSP PROGRAM PROVIDES THE FOLLOWING TYPES OF SUPPORT.- BASIC HOUSING OR RENT SUPPORT- A MONTHLY FOOD ALLOWANCE- SUPPORT FOR SCHOOL EXPENSES FOR DEPENDENT CHILDREN OF PRIMARY/SECONDARY SCHOOL AGE- BASIC MEDICINES AND TRANSPORTATION TO MEDICAL CHECKUPS OR FOR HOSPITALIZATION- REGULAR HOME VISITS, COUNSELING AND EMOTIONAL SUPPORT- SUPPORT FOR FUNERAL EXPENSESIN 2022 THE FSP SUPPORTED APPROXIMATE 18 AIDS AFFLICTED WOMEN AND THEIR DEPENDENT CHILDREN, SOME OF WHOM ARE THEMSELVES ALSO AFFLICTED WITH AIDS. HAVING, IN RECENT YEARS, TRANSITIONED MANY OF OUR PATIENTS OUT OF THE PROGRAM AND TOWARD LIVES OF INDEPENDENCE, WE REMAIN COMMITTED TO SUPPORTING THE MOST DESTITUTE AND DISADVANTAGED WOMEN INCLUDING THOSE WHO ARE OLD OR STRICKEN BY ILLNESS OR CARING FOR DISABLED CHILDREN AND
THE CHAMPEY ACADEMY OF ARTS (CAA) IS OUR SCHOOL TEACHING TRADITIONAL CAMBODIAN ARTS TO CHILDREN IN CENTRAL PHNOM PENH.AT THE CAA WE PROVIDE A RIGOROUS PROGRAM OF DAILY TRAINING IN TRADITIONAL DANCE, MUSIC, DRAWING AND PAINTING FOR CHILDREN IN CENTRAL PHNOM PENH, INCLUDING SOME ORPHANED OR ABANDONED CHILDREN OR THOSE FROM DISADVANTAGED, DYSFUNCTIONAL, ABUSIVE OR NEGLECTFUL FAMILY ENVIRONMENTS. HAVING FIRST OPENED ITS DOORS IN JANUARY 2013, THE SCHOOL SERVES APPROXIMATELY 70 TO 85 YOUNG PEOPLE PER DAY.
FATIMA SELF HELP CENTRE FOR WOMEN AND GIRLS: WE HAVE HAD A NEARLY TWENTY YEAR RELATIONSHIP WITH THE FATIMA CENTRE BUT, IN RECENT YEARS, WE HAD SUPPORTED THEM SOLELY THROUGH PURCHASE OF THE GOODS PRODUCED IN THEIR SEWING PROGRAM FOR DISADVANTAGED WOMEN. HOWEVER, BEGINNING IN 2020 AND CONTINUING THROUGH 2021 AND 2022 THE IMPACT OF THE COVID PANDEMIC CAUSED THE CENTRE TO EXPERIENCE PERIODIC SERIOUS CASH FLOW DIFFICULTIES. IN RESPONSE, WE GAVE VERY MODEST SUPPORT TO HELP A FEW OF THE WOMEN THERE WHO WERE STRUGGLING TO MEET EVEN THE MOST BASIC NEEDS OF THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark J Rosasco President | 35 | $0 | |
Victor P Rosasco Vice Pres | 1 | $0 | |
Barbara S Rosasco Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $136,986 |
| Interest on Savings | $13 |
| 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 | $136,999 |
| 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 | $116,374 |
| Total operating and administrative expenses | $116,374 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $116,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,314 |
| 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 | $71,314 |
| 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 |