American Honda Foundation
- Assets
- $60.4m
- Revenue
- $6.7m
- Investments
- $58.2m
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 08/1984
- Data as of
- 03/2022
- EIN
- 95-3924667
Organization Overview
American Honda Foundation is located in Torrance, CA. The organization was established in 1984. 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. American Honda 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 03/2022, American Honda Foundation generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $2.0m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, American Honda Foundation has awarded 234 individual grants totaling $13,397,662. 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 |
|---|---|---|---|
Rich Richardson President | 1 | $0 | |
Paul Dentinger Secretary/treasurer | 1 | $0 | |
Jennifer Thomas Vice President | 1 | $0 | |
Nathaly Ciprian Board Member | 1 | $0 | |
Susan Dulik Board Member | 1 | $0 | |
Terence Flolu Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Merrill Lynch | 3/30/22 | $321,939 |
Invesco Real Estate | 3/30/22 | $56,048 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,106,640 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,021,784 |
| Capital Gain Net Income | $1,021,784 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $250,663 |
| Total Revenue | $6,679,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $129,500 |
| Pension plans, employee benefits | $28,188 |
| Interest | $0 |
| Taxes | $38,536 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,210 |
| Total operating and administrative expenses | $586,421 |
| Contributions, gifts, grants paid | $1,463,082 |
| Total expenses and disbursements | $2,049,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,070,491 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $48,595 |
| 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 | $58,235,586 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $60,354,672 |
| Accounts payable and accrued expenses | $43,705 |
| Grants payable | $25,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $149,953 |
| Total liabilities | $218,658 |
Grants Awarded
Over the last fiscal year, American Honda Foundation has awarded $1,463,082 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: THIS IS ONE OF EIGHT NONPROFIT ORGANIZATIONS PROACTIVELY SOUGHT TO WORK COLLABORATIVELY TO ESTABLISH A STEM/STEAM CRADLE-TO-COLLEGE AND CAREER PIPELINE FOR YOUNG MEN OF COLOR IN LOS ANGELES COUNTY. PARTNERS PULL FROM EXISTING PARTNERSHIPS, BEST PRACTICES AND OTHER RESOURCES TO NOT ONLY MEET THE EDUCATIONAL NEEDS OF YOUNG MEN OF COLOR, BUT ALSO THEIR ECONOMIC AND SOCIAL-EMOTIONAL NEEDS, NURTURING THE WHOLE CHILD, WHILE LEADING THEM DOWN A MUCH NEEDED STEM/STEAM PIPELINE. THIS MARKS YEAR FIVE OF THIS LONG-TERM INITIATIVE. | $125,000 |
CHILDREN YOUTH AND FAMILY COLLABORATIVE(CYFC) PURPOSE: THIS IS ONE OF EIGHT NONPROFIT ORGANIZATIONS PROACTIVELY SOUGHT TO WORK COLLABORATIVELY TO ESTABLISH A STEM/STEAM CRADLE-TO-COLLEGE AND CAREER PIPELINE FOR YOUNG MEN OF COLOR IN LOS ANGELES COUNTY. PARTNERS PULL FROM EXISTING PARTNERSHIPS, BEST PRACTICES AND OTHER RESOURCES TO NOT ONLY MEET THE EDUCATIONAL NEEDS OF YOUNG MEN OF COLOR, BUT ALSO THEIR ECONOMIC AND SOCIALEMOTIONAL NEEDS, NURTURING THE WHOLE CHILD, WHILE LEADING THEM DOWN A MUCH NEEDED STEM/STEAM PIPELINE. THIS MARKS YEAR FIVE OF THIS LONG-TERM INITIATIVE. | $120,000 |
UNCF PURPOSE: THIS IS ONE OF EIGHT NONPROFIT ORGANIZATIONS PROACTIVELY SOUGHT TO WORK COLLABORATIVELY TO ESTABLISH A STEM/STEAM CRADLE-TO-COLLEGE AND CAREER PIPELINE FOR YOUNG MEN OF COLOR IN LOS ANGELES COUNTY. PARTNERS PULL FROM EXISTING PARTNERSHIPS, BEST PRACTICES AND OTHER RESOURCES TO NOT ONLY MEET THE EDUCATIONAL NEEDS OF YOUNG MEN OF COLOR, BUT ALSO THEIR ECONOMIC AND SOCIALEMOTIONAL NEEDS, NURTURING THE WHOLE CHILD, WHILE LEADING THEM DOWN A MUCH NEEDED STEM/STEAM PIPELINE. THIS MARKS YEAR FIVE OF THIS LONG-TERM INITIATIVE. | $100,000 |
Los Angeles, CA PURPOSE: THIS IS ONE OF EIGHT NONPROFIT ORGANIZATIONS PROACTIVELY SOUGHT TO WORK COLLABORATIVELY TO ESTABLISH A STEM/STEAM CRADLE-TO-COLLEGE AND CAREER PIPELINE FOR YOUNG MEN OF COLOR IN LOS ANGELES COUNTY. PARTNERS PULL FROM EXISTING PARTNERSHIPS, BEST PRACTICES AND OTHER RESOURCES TO NOT ONLY MEET THE EDUCATIONAL NEEDS OF YOUNG MEN OF COLOR, BUT ALSO THEIR ECONOMIC AND SOCIALEMOTIONAL NEEDS, NURTURING THE WHOLE CHILD, WHILE LEADING THEM DOWN A MUCH NEEDED STEM/STEAM PIPELINE. THIS MARKS YEAR FIVE OF THIS LONG-TERM INITIATIVE. | $85,000 |
LONG BEACH EDUCATION FOUNDATION CO LONG BEACH MATH COLLABORATIVE PURPOSE: THIS IS ONE OF EIGHT NONPROFIT ORGANIZATIONS PROACTIVELY SOUGHT TO WORK COLLABORATIVELY TO ESTABLISH A STEM/STEAM CRADLE-TO-COLLEGE AND CAREER PIPELINE FOR YOUNG MEN OF COLOR IN LOS ANGELES COUNTY. PARTNERS PULL FROM EXISTING PARTNERSHIPS, BEST PRACTICES AND OTHER RESOURCES TO NOT ONLY MEET THE EDUCATIONAL NEEDS OF YOUNG MEN OF COLOR, BUT ALSO THEIR ECONOMIC AND SOCIALEMOTIONAL NEEDS, NURTURING THE WHOLE CHILD, WHILE LEADING THEM DOWN A MUCH NEEDED STEM/STEAM PIPELINE. THIS MARKS YEAR FIVE OF THIS LONG-TERM INITIATIVE. | $85,000 |
NEW VILLAGE GIRLS ACADEMY PURPOSE: AT NEW VILLAGE GIRLS ACADEMY YOUNG WOMEN, AGES 14-21 WHO HAVE DROPPED OUT OF TRADITIONAL HIGH SCHOOL ARE GIVEN A SECOND CHANCE. UPON ENROLLMENT, STUDENTS DEVELOP INDIVIDUAL LEARNING PLANS TO MEET COLLEGE ACCEPTANCE REQUIREMENTS AND EXPLORE POTENTIAL CAREERS DRIVEN BY THEIR INTERESTS. THE ACADEMYS COMPREHENSIVE SCIENCE PROGRAM INCLUDES FOUR KEY COMPONENTS: 1) WEEKLY BIOLOGY OR CHEMISTRY CLASSES AT THE CALIFORNIA SCIENCE CENTER; 2) ENVIRONMENTAL SCIENCE CLASSES FOCUSED ON CLIMATE CHANGE, WATER CONSERVATION, FOOD PRESERVATION, ETC.; 3) AN ONSITE MAKERSPACE WHERE GIRLS EMPLOY DESIGN THINKING SKILLS, PROBLEM SOLVE AND COLLABORATE TO BUILD AND CREATE: AND 4) STEM INTERNSHIPS HELPING THEM GAIN 21ST CENTURY SKILLS AND A VISION OF POSSIBLE CAREER PATHS THROUGH REAL-WORLD WORK EXPERIENCES AND GUIDANCE FROM THEIR PROFESSIONAL MENTORS. | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |