Michael Toshio Cure for Cancer Foundatio
Michael Toshio Cure for Cancer Foundatio is a private foundation focused on Medical Research, based in Burlingame, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.1M in total assets. In 2024, it awarded 1 grant totaling $200K. Net investment income was $880K.
Michael Toshio Cure for Cancer Foundatio at a glance
In short: Michael Toshio Cure for Cancer Foundatio gave $200K across 1 grant in 2024 (avg $200K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $200,000
- -60.8% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $200,000
- -21.6% vs 2023
- Median grant
- $200,000
- Total assets
- $14,139,353
- +8.1% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Michael Toshio Cure for Cancer Foundatio funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Leland Stanford Jr University ($200K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Michael Toshio Cure for Cancer Foundatio gives
- In 2024 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $150K (2022) to $510K (2023). In 2024 it made 1 grant totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Leland Stanford Jr University Stanford, CA | General Support | $200,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $14,139,353 | $1,125,029 | $739,493 | $200,000 | 1 | $494,665 | $880,201 | $693,950 |
| 2023 | $13,076,830 | $780,313 | $1,088,332 | $510,333 | 2 | $757,646 | $122,937 | $649,659 |
| 2022 | $11,939,746 | $5,597,722 | $682,573 | $150,000 | 2 | $440,895 | $104,081 | $598,262 |
| 2021 | $7,485,645 | $7,458,863 | $37,120 | — | — | — | $40,795 | $330,622 |
Under IRS private-foundation payout rules, Michael Toshio Cure for Cancer Foundatio reported a distributable amount of $694K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Michael Toshio Cure for Cancer Foundatio is led by Hisatomo Fukutomo, CEO & CFO on every filing since 2022; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Hisatomo Fukutomo
CEO & CFO
On filings since 2022
40 hrs/week
$210K (2022) → $210K (2024)
Garry K Cohen
Secretary
Director & Secretary → Secretary, 2022
On filings since 2020
5 hrs/week
$36K (2022) → $66K (2024)
Former officers (1)
- Former: Hisatomo Fukumoto (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $210K, to Hisatomo Fukutomo (CEO, CFO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Michael Toshio Cure for Cancer Foundatio
How much does Michael Toshio Cure for Cancer Foundatio give each year?
Michael Toshio Cure for Cancer Foundatio gave $200K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $510K across 2 grants.
How large is Michael Toshio Cure for Cancer Foundatio?
Michael Toshio Cure for Cancer Foundatio reported $14.1M in total assets on its 2024 IRS Form 990-PF. It paid out $495K in qualifying distributions that year, against a required minimum of $694K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Michael Toshio Cure for Cancer Foundatio?
Michael Toshio Cure for Cancer Foundatio is a private foundation focused on Medical Research, based in Burlingame, CA. It holds $14.1M in total assets as of 2024.
Where does Michael Toshio Cure for Cancer Foundatio operate?
Michael Toshio Cure for Cancer Foundatio has awarded grants in California, North Carolina.
What is Michael Toshio Cure for Cancer Foundatio's EIN?
Michael Toshio Cure for Cancer Foundatio's EIN (Employer Identification Number) is 85-1395547. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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