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Also known as: FKA NIBEI FOUNDATION
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The Terasaki Nibei Foundation is a private corporation based in ARCADIA, CA. The foundation received its IRS ruling in 1999. The principal officer is Veronica Gozal. It holds total assets of $4.3M. Annual income is reported at $1.1M. Total assets have grown from $67K in 2011 to $4.3M in 2024. The foundation is governed by 5 officers and trustees. Meetings were held to promote social intercourse and fellowship among japanese and japanese american doctors and professors. Some of the japanese doctors are in america temporarily to continue their post-doctoral training. Lectures on various general topics of interest were given, study group of different topics of research, and tours of hospitals in the los angeles area. Socialization programs were conducted for recently arrived doctors and their families from japan to help them adjust to life in the united states. Education about american life and culture was provided through activities. Due to the pandemic fewer meetings were held. There were a few virtual events. For the year, there were 141 participants and on average 28 people attended the monthly meetings and events. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in California, District of Columbia and Washington. According to available records, The Terasaki Nibei Foundation has made 27 grants totaling $2M, with a median grant of $31K. Annual giving has grown from $286K in 2020 to $1.1M in 2023. Individual grants have ranged from $5K to $1M, with an average award of $74K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in California and District of Columbia and Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$50K
Average Grant
$51K
Largest Grant
$100K
Based on 6 grants from the most recent 990-PF filing.
Meetings were held to promote social intercourse and fellowship among japanese and japanese american doctors and professors. Some of the japanese doctors are in america temporarily to continue their post-doctoral training. Lectures on various general topics of interest were given, study group of different topics of research, and tours of hospitals in the los angeles area. Socialization programs were conducted for recently arrived doctors and their families from japan to help them adjust to life in the united states. Education about american life and culture was provided through activities. Due to the pandemic fewer meetings were held. There were a few virtual events. For the year, there were 141 participants and on average 28 people attended the monthly meetings and events.
Expenses: $62K
Various classes and programs conducted to further the advancement of japanese-american cultural relations. Starting in 2013, the foundation established a lecture event series, "nibei powerful networking meeting lecture series". These events promote networking within the japanese-american community by offering various lectures and meetings related to japanese american culture. This year due to the pandemic shutdown the japan study club hosted only virtual events, held contests via the website with 39 participants and published monthly newsletters to 645 subscribers.
Expenses: $3K
Meetings were held to promote social intercourse and fellowship among japanese and japanese american doctors and professors. Some of the japanese doctors are in america temporarily to continue their post-doctoral training. Lectures on various general topics of interest were given, study group of different topics of research, and tours of hospitals in the los angeles area. Socialization programs were conducted for recently arrived doctors and their families from japan to help them adjust to life in the united states. Education about american life and culture was provided through activities. Due to the pandemic fewer meetings were held. There were a few virtual events. For the year, there were 141 participants and on average 28 people attended the monthly meetings and events. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in CA, DC, WA.
The Terasaki Nibei Foundation has distributed a total of $2M across 27 grants. The median grant size is $31K, with an average of $74K. Individual grants have ranged from $5K to $1M.
The Terasaki Nibei Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Terasaki Nibei Foundation is headquartered in ARCADIA, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Naoko Terasaki | Director | $0 | $0 | N/A |
| Cecilia Terasaki | Director | $0 | $0 | N/A |
| Keith K Terasaki | President | $0 | $0 | N/A |
| Paul K Terasaki | Secretary | $0 | $0 | N/A |
| Stewart Han | CFO | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.3M
Fair Market Value
N/A
Net Worth
$4.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
27
Total Giving
$2M
Average Grant
$74K
Median Grant
$31K
Unique Recipients
13
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Japanese Institute Of SawtelleGENERAL SUPPORT | Los Angeles, CA | $1M | 2023 |
| Japanese American National MuseumSPONSORSHIP OF ANNUAL GALA | Los Angeles, CA | $50K | 2023 |
| Ucla FoundationSUPPORT OF JAPANESE STUDIES PROGRAM | Los Angeles, CA | $25K | 2023 |
| Smithsonian InstitutionSUPPORT FOR JAPANESE AMERICAN HISTORY ENDOWMENT | Washington, DC | $10K | 2023 |
| Kizuna Little Tokyo IncGENERAL SUPPORT | Los Angeles, CA | $10K | 2023 |
| Takamaro KajinoPROGRAM STIPEND | Los Angeles, CA | $5K | 2023 |
| Go For Broke National Education CtrANNUAL GALA SPONSORSHIP | Los Angeles, CA | $5K | 2023 |
| Claire ButtlesPROGRAM STIPEND | Los Angeles, CA | $5K | 2023 |
| Selena CaoPROGRAM STIPEND | West Covina, CA | $5K | 2023 |
| Us Japan CouncilGENERAL SUPPORT | Washington, DC | $100K | 2022 |
| Japanese American Cultural CommunitSPONSORSHIP OF ANNUAL GALA DINNER | Los Angeles, CA | $100K | 2022 |
| DenshoGENERAL SUPPORT | Seattle, WA | $100K | 2021 |
| Little Tokyo Service CenterSPONSORSHIP | Los Angeles, CA | $25K | 2021 |