Joseph Shinoda Memorial Scholarship
Joseph Shinoda Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $717K in total assets. In 2024, it awarded 3 grants totaling $112K. Net investment income was $37K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$717K
-10.0% YoY
Annual Giving
$112K
Grant Count
3
Avg Grant Size
$37K
Under IRS private-foundation payout rules, Joseph Shinoda Memorial Scholarship reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Joseph Shinoda Memorial Scholarship
Based on IRS filings
Joseph Shinoda Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $717K in total assets. In 2024, it awarded 3 grants totaling $112K. Net investment income was $37K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $716,901 | $796,927 | $727,355 |
| Revenue | $56,265 | $16,678 | $24,906 |
| Expenses | $162,865 | $28,516 | $26,164 |
| Qualifying Distributions | $117,411 | $2,653 | $847 |
| Net Investment Income | $37,208 | $9,257 | $15,589 |
| Distributable Amount | $40,507 | $36,936 | $37,625 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cal Poly Pomona ($67,000), Cal Poly San Luis Obispo ($30,000), Seed Your Future Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEED YOUR FUTURE INC ALEXANDRIA, VA | IN FURTHERANCE OF SECTION 501 (C)(3) EXEMPT PURPOSE | $15,000 |
| CAL POLY POMONA POMONA, CA | SCHOLARSHIPSIN FURTHERANCE OF SECTION 501 (C)(3) EXEMPT PURPOSE | $67,000 |
| CAL POLY SAN LUIS OBISPO SAN LUIS OBISPO, CA | SCHOLARSHIPSIN FURTHERANCE OF SECTION 501 (C)(3) EXEMPT PURPOSE | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAN VORDALE | PRESIDENT | 1 | — |
| VAL MELLANO | VICE PRESIDENT | 1 | — |
| MICHAEL CONNELLY | SECRETARY | 1 | — |
| JANET KISTER | TREASURER | 1 | — |
| BOB OTSUKA | DIRECTOR | — | — |
| CHERYL GOTO | DIRECTOR | — | — |
| PAUL OLLICE | DIRECTOR | — | — |
| MAURICE SOURMANY | DIRECTOR | — | — |
| JAMES RUSSEL | DIRECTOR | — | — |
| VIRGINIA WALTER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joseph Shinoda Memorial Scholarship?
Joseph Shinoda Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. It holds $717K in total assets as of 2024.
How large is Joseph Shinoda Memorial Scholarship?
As of 2024, Joseph Shinoda Memorial Scholarship holds $717K in total assets with $56K in annual revenue. It awarded 3 grants totaling $112K in 2024.
Where does Joseph Shinoda Memorial Scholarship operate?
Joseph Shinoda Memorial Scholarship has awarded grants in California, Virginia.
What size grants does Joseph Shinoda Memorial Scholarship award?
In 2024, Joseph Shinoda Memorial Scholarship awarded 3 grants totaling $112K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is Joseph Shinoda Memorial Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph Shinoda Memorial Scholarship reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joseph Shinoda Memorial Scholarship's EIN?
Joseph Shinoda Memorial Scholarship's EIN (Employer Identification Number) is 23-7213289. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.