EIN 95-4692410

Terasaki Nibei Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1999
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Terasaki Nibei Foundation is a private foundation located in Los Angeles, CA that primarily funds sponsorship, membership, and general support. Its purpose is to promote social intercourse and fellowship among Japanese and Japanese American doctors and professors. Last year, it made three grants, including one to the Little Tokyo Service Center.
Also known as...
Nibei Foundation
Total revenues
$134,522
2023
Total expenses
$1,161,461
2023
Total assets
$4,133,045
2023
Num. employees
0
2023

Program areas at Terasaki Nibei Foundation

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.
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.
Class fees revenue are fees collected from students attending the lecture series events at the cultural center.
Meetings fees revenue are fees collected from members of the nichibei doctors club for attending monthly meetings.

Grants made by Terasaki Nibei Foundation

GranteeGrant descriptionAmount
Japanese Institute of SawtelleGeneral Support$1,000,000
Japanese American National MuseumSponsorship of Annual Gala$50,000
Ucla FoundationSupport of Japanese Studies Program$25,000
...and 3 more grants made

Personnel at Terasaki Nibei Foundation

NameTitleCompensation
Stewart HanChief Financial Officer$0
Keith K TerasakiPresident$0
Steven HardyPast Chief Financial Officer$0

Financials for Terasaki Nibei Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$121,535
Net rental income$0
Net gain from sale of non-inventory assets$12,987
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$134,522

Form 990s for Terasaki Nibei Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-10990PFView PDF
2022-122023-10-15990PFView PDF
2021-122022-11-12990PFView PDF
2020-122021-11-05990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s

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Data update history
December 5, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 31, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 3 new personnel
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
201 S 1st Ave
Arcadia, CA 91006
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
nibei.terasaki.org/ 
Phone
(626) 359-7448
IRS details
EIN
95-4692410
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
112472
FTB Entity ID
2111231
AB 488 data last updated ("as-of") date
2024-11-06
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