NEW YORK, NY

Ono Pharma Foundation

Quick Facts

EIN: 815299703
Location: NEW YORK, NY
Phone: (609) 219-1010
Category: Philanthropy & Grantmaking
Total Assets: $14.8M
Annual Income: $9.5M
IRS Ruling Year: 2017
Organization Type: Non-Operating Foundation
Principal Officer: % Tetsuya Suglyama
Tax Deductibility: Contributions are deductible

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About This Foundation

Ono Pharma Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is % Tetsuya Suglyama. It holds total assets of $14.8M. Annual income is reported at $9.5M. THE PURPOSE OF THE ONO PHARMA BREAKTHROUGH SCIENCE INITIATIVE AWARDS PROGRAM IS TO SUPPORT SCIENTIST PRINCIPAL INVESTIGATORS WITH CREATIVE IDEAS IN SELECTED SCIENTIFIC RESEARCH FIELDS WITH THE MISSION OF SEEKING DISCOVERIES/SOLUTIONS AND DEVELOPMENT OF HIGH IMPACT SCIENCE. According to available records, Ono Pharma Foundation has made 83 grants totaling $21.6M, with a median grant of $345K. Annual giving has decreased from $5M in 2021 to $3.5M in 2024. Grantmaking activity was highest in 2023 with $8.3M distributed across 32 grants. Individual grants have ranged from $173K to $345K, with an average award of $260K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Illinois, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.

Application Information

Deadline

LETTER OF INTEREST DUE ON FEB 20, 2020. REQUEST FOR PROPOSAL DUE ON APRIL 23, 2020.

Restrictions

BRIEF REPORTS WILL BE REQUIRED EVERY SIX MONTHS AFTER THE GRANTING OF THE AWARD. THESE REPORTS WILL BE A MEANS FOR ASSURING THAT THE RESEARCH FOLLOWS THE APPROVED PROPOSAL IN CONTENT AND TIMEFRAME. A FINAL STUDY REPORT WILL BE DUE TWO MONTHS AFTER PROJECT COMPLETION.

Programs & Activities

Expenses: $5.3M

Frequently Asked Questions

What does Ono Pharma Foundation fund?

THE PURPOSE OF THE ONO PHARMA BREAKTHROUGH SCIENCE INITIATIVE AWARDS PROGRAM IS TO SUPPORT SCIENTIST PRINCIPAL INVESTIGATORS WITH CREATIVE IDEAS IN SELECTED SCIENTIFIC RESEARCH FIELDS WITH THE MISSION OF SEEKING DISCOVERIES/SOLUTIONS AND DEVELOPMENT OF HIGH IMPACT SCIENCE. Based on available records, the foundation has funded 83 grants. Its grantmaking reaches organizations primarily in CA, MA, IL.

How much does Ono Pharma Foundation give in grants?

Ono Pharma Foundation has distributed a total of $21.6M across 83 grants. The median grant size is $345K, with an average of $260K. Individual grants have ranged from $173K to $345K.

How do I apply for a grant from Ono Pharma Foundation?

The application deadline is LETTER OF INTEREST DUE ON FEB 20, 2020. REQUEST FOR PROPOSAL DUE ON APRIL 23, 2020.. BRIEF REPORTS WILL BE REQUIRED EVERY SIX MONTHS AFTER THE GRANTING OF THE AWARD. THESE REPORTS WILL BE A MEANS FOR ASSURING THAT THE RESEARCH FOLLOWS THE APPROVED PROPOSAL IN CONTENT AND TIMEFRAME. A FINAL STUDY REPORT WILL BE DUE TWO MONTHS AFTER PROJECT COMPLETION.

Where is Ono Pharma Foundation located?

Ono Pharma Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Masaya Kokubo	SECRETARY	$0	$0	$0
Tetsuya Sugiyama	DIRECTOR	$0	$0	$0
Hiroshi Ochiai	PRESIDENT	$0	$0	$0
Toru Maruyama	TREASURER	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2024	990PF	View
2023	990PF	View
2022	990PF	View
2021	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$3.5M

2023+6%

Total Assets

$8.8M

2023-29%

Fair Market Value

$8.8M

2023

Net Worth

$4.3M

2023

Grants Paid

$3.1M

2023

Contributions

$221K

2023

Net Investment Income

2023

Distribution Amount

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Financial Details (2023)

Total Revenue: $221K
Total Expenses: $3.5M
Exempt Purpose Expenses: $3.9M
Required Distribution: $0
Undistributed Income: $0
Grants Approved (Future): $4.4M
Total Liabilities: $4.5M

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$21.6M

Average Grant

$260K

Median Grant

$345K

Unique Recipients

Most Common Grant

$345K

Grant Disbursements by Year

Grant Range

Min$173K

Max$345K

Median: $345K

Smallest grantLargest grant

Openness to New Grantees (2024)

of 2024 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

CA$12.4M (47)

MA$6.4M (25)

IL$2.1M (8)

CT$518K (2)

MI$173K (1)

Past Grantees

Recipient	Location	Amount	Year
Harvard University Dr Jerad MasonTHE ONO PHARMA BREAKTHROUGH SCIENCE INTITIATIVE AWARDS PROGRAM	Cambridge, MA	$345K	2024
Morthwestern University Dr Xiaoyu ZhangTHE ONO PHARMA BREAKTHROUGH SCIENCE INTITIATIVE AWARDS PROGRAM	Evanston, IL	$345K	2024
Stanford University Dr Bianxiao CuiTHE ONO PHARMA BREAKTHROUGH SCIENCE INTITIATIVE AWARDS PROGRAM	Stanford, CA	$345K	2024
Broad Institute Of Harvard & Mit Dr Xiao WangTHE ONO PHARMA BREAKTHROUGH SCIENCE INTITIATIVE AWARDS PROGRAM	Cambridge, MA	$345K	2024
Salk Institute For Biological Studies Dr Alan SaghatelianTHE ONO PHARMA BREAKTHROUGH SCIENCE INTITIATIVE AWARDS PROGRAM