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Albert T & Wallace T Teruya Foundation is a private corporation based in HONOLULU, HI. The foundation received its IRS ruling in 1968. It holds total assets of $666K. Annual income is reported at $338K. Total assets have decreased from $2M in 2011 to $666K in 2024. The foundation is governed by 8 officers and trustees. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Hawaii. According to available records, Albert T & Wallace T Teruya Foundation has made 14 grants totaling $1.5M, with a median grant of $84K. Annual giving has grown from $243K in 2020 to $910K in 2022. Individual grants have ranged from $40K to $315K, with an average award of $105K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Hawaii. Contributions to this foundation are tax-deductible.
Smallest Grant
$40K
Median Grant
$86K
Average Grant
$80K
Largest Grant
$107K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Albert T & Wallace T Teruya Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in HI.
Albert T & Wallace T Teruya Foundation has distributed a total of $1.5M across 14 grants. The median grant size is $84K, with an average of $105K. Individual grants have ranged from $40K to $315K.
The application deadline is APPLICATIONS FOR GRANTS MAY BE SUBMITTED AT ANY TIME. THE TRUSTEES OF THE FOUNDATION MEET ANNUALLY.. No restrictions or limitations other than copies of the irs letters advising the organization that it is exempt under section 501(c) and determination of its non-profit status must be received.
Albert T & Wallace T Teruya Foundation is headquartered in HONOLULU, HI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Love | TRUSTEE | $400 | $0 | $400 |
| Rosemarie J Love | TRUSTEE | $400 | $0 | $400 |
| Dexter T Teruya | TRUSTEE | $400 | $0 | $400 |
| Wayne T Teruya | PRES./EXEC COMM. CHAIR/TRUSTEE | $400 | $0 | $400 |
| Roy T Uyehara | SECRETARY/TRUSTEE | $400 | $0 | $400 |
| Natalie Teruya | TRUSTEE | $400 | $0 | $400 |
| Ethel M Teruya | TRUSTEE | $200 | $0 | $200 |
| Christy Izuka | VICE PRESIDENT/TREASURER | $200 | $0 | $200 |
Total Giving
N/A
Total Assets
$666K
Fair Market Value
N/A
Net Worth
$666K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$1.5M
Average Grant
$105K
Median Grant
$84K
Unique Recipients
6
Most Common Grant
$40K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mid-Pacific InstituteBINGHAM HALL RECONSTRUCTION PROJECT | Honolulu, HI | $315K | 2022 |
| University Of Hawaii FoundationADVANCEMENT OF THE KCC CULINARY ARTS PROGRAM | Honolulu, HI | $100K | 2022 |
| Chaminade UniversityMULTIPURPOSE CONFERENCE ROOM | Honolulu, HI | $40K | 2022 |
| Hawaii Baptist AcademyHIGH SCHOOL EXPANSION PROJECT | Honolulu, HI | $96K | 2021 |
| Rehab FoundationRENOVATION EXPANSION PROJECTS | Honolulu, HI | $75K | 2021 |
| Feeding Hawaii TogetherREFRIGERATED TRUCK | Honolulu, HI | $70K | 2020 |