Medici Foundation a California Public Benefit Corporation
To provide financial support for the cultural arts, medical research and philanthropic causes.
Medici Foundation a California Public Benefit Corporation at a glance
In short: Medici Foundation a California Public Benefit Corporation gave $399K across 2 grants in 2025 (avg $199K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $398,945
- -30.4% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $199,473
- +4.4% vs 2024
- Median grant
- $199,473
- Total assets
- $814,081
- -30.3% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Medici Foundation a California Public Benefit Corporation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Breast Center of Irvine Inc ($350K). Together the top 2 received $399K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $251K (2019) to $573K (2024). In 2025 it made 2 grants totaling $399K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Breast Center of Irvine Inc Irvine, CA | Grants to help fund bcoi mammograms and other cancer screenings to patients without insurance and/or suffering financial hardships | $350,000 |
| KSK Medical LLC Irvine, CA | Grants to Fund Cancer Research. | $48,945 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $814,081 | $53,850 | $454,971 | $398,945 | 2 | $26,548 |
| 2024 | $1,167,485 | $75,063 | $643,071 | $573,375 | 3 | $40,463 |
| 2023 | $1,621,472 | $139,368 | $535,566 | $394,989 | Total only | $48,253 |
| 2022 | $1,902,945 | $136,326 | $1,150,950 | $493,501 | Total only | $92,876 |
| 2021 | $2,917,569 | $323,857 | $620,684 | $518,104 | Total only | $65,514 |
| 2020 | $3,214,396 | $355,186 | $604,058 | $423,000 | Total only | $75,655 |
| 2019 | $3,463,269 | $284,888 | $438,103 | $250,700 | Total only | $103,281 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Medici Foundation a California Public Benefit Corporation
Based on IRS filings
Medici Foundation a California Public Benefit Corporation is a public charity, based in Irvine, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $814K in total assets. In 2025, it awarded 2 grants totaling $399K. Net investment income was $27K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Medici Foundation a California Public Benefit Corporation is led by Kenneth Tokita MD, Director & CEO since 2023 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kenneth Tokita MD
Director & CEO
Director & President → Director & CEO, 2023
On filings since 2019
4 hrs/week
No compensation reported
Chuck Fosdick
Director & CFO
Director → Director & CFO, 2023
On filings since 2019
2 hrs/week
No compensation reported
Karl Tokita
Director & Secretary
On filings since 2023
2 hrs/week
No compensation reported
Former officers (3)
- Former: Jack Vance (2019–2022) — Director
- Former: Anthony Dabbene (2020) — Director, Vice President & Sect'y
- Former: Tony Dabbene (2019) — Director, Vice President & Sect'y
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Medici Foundation a California Public Benefit Corporation
How much does Medici Foundation a California Public Benefit Corporation give each year?
Medici Foundation a California Public Benefit Corporation gave $399K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $573K across 3 grants.
How large is Medici Foundation a California Public Benefit Corporation?
Medici Foundation a California Public Benefit Corporation reported $814K in total assets on its 2025 IRS Form 990. Its revenue that year was $54K.
Where does Medici Foundation a California Public Benefit Corporation operate?
Medici Foundation a California Public Benefit Corporation has awarded grants in California.
What is Medici Foundation a California Public Benefit Corporation's EIN?
Medici Foundation a California Public Benefit Corporation's EIN (Employer Identification Number) is 33-0637812. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS July 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 21, 2026)
- IRS filings on file for fiscal years 2019–2025
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