Albert T & Wallace T Teruya Foundation
- Assets
- $769.4k
- Revenue
- $141.0k
- Investments
- $766.7k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 02/1968
- Data as of
- 12/2021
- EIN
- 99-6014692
Organization Overview
Albert T & Wallace T Teruya Foundation is located in Honolulu, HI. The organization was established in 1968. 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. Albert T & Wallace T Teruya 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 12/2021, Albert T & Wallace T Teruya Foundation generated $141.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $329.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albert T & Wallace T Teruya Foundation has awarded 46 individual grants totaling $4,497,000. 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 |
|---|---|---|---|
John Love Trustee | 1 | $200 | |
Raymond T Teruya Pres./exec Committee Chair | 1 | $200 | |
Natalie Teruya Trustee | 1 | $200 | |
Rosemarie J Love Trustee | 1 | $200 | |
Roy T Uyehara Treasurer/trustee | 1 | $200 | |
Wayne T Teruya Trustee | 1 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $154,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$12,993 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $141,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,600 |
| 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 | $471 |
| Total operating and administrative expenses | $11,495 |
| Contributions, gifts, grants paid | $318,000 |
| Total expenses and disbursements | $329,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,039 |
| Savings and temporary cash investments | $1,607 |
| 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 | $769,395 |
| 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 |
Grants Awarded
Over the last fiscal year, Albert T & Wallace T Teruya Foundation has awarded $791,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Honolulu, HI PURPOSE: ADVANCEMENT OF THE KCC CULINARY ARTS PROGRAM | $393,000 |
Honolulu, HI PURPOSE: ADVANCEMENT OF THE KCC CULINARY ARTS PROGRAM | $107,000 |
Honolulu, HI PURPOSE: HIGH SCHOOL EXPANSION PROJECT | $96,000 |
CHAMINADE UNIVERSITY PURPOSE: MULTIPURPOSE CONFERENCE ROOM | $80,000 |
REHAB FOUNDATION PURPOSE: RENOVATION EXPANSION PROJECTS | $75,000 |
CHAMINADE UNIVERSITY PURPOSE: MULTIPURPOSE CONFERENCE ROOM | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |