Nakasone Family Foundation

SALT LAKE CITY, UT EIN: 75-3014409

Nakasone Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 22 grants totaling $102K. Net investment income was $196K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+4.6% YoY

Annual Giving

$102K

-9.4% YoY

Grant Count

22

+0.0% YoY

Avg Grant Size

$5K

-9.4% YoY

Under IRS private-foundation payout rules, Nakasone Family Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

About Nakasone Family Foundation

Based on IRS filings

Nakasone Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 22 grants totaling $102K. Net investment income was $196K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

BrunswickCarmelCaryChicagoClaremontGoletaGranvilleHanoverIndianapolisIthacaLos AngelesNashwaukPasadenaRidgewoodSalt Lake CitySan RafaelSanta BarbaraTucson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56K$112K$168K$224K20202021202220232024
Metric202420232022
Total Assets$1,525,739$1,458,791$1,521,128
Revenue$203,406$97,628$59,903
Expenses$136,458$159,965$148,813
Qualifying Distributions$128,687$152,521$139,598
Net Investment Income$196,135$89,917$50,688
Distributable Amount$113,174$105,784$106,329

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$65K$97K$129K17 grants202021 grants202120 grants202222 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CLAREMONT MCKENNA COLLEGE$60KV FOUNDATION FOR CANCER …$8KSANTA BARBARA FOUNDATION$5KCOTTAGE HOSPITAL FOUNDAT…$5KMAYFIELD JUNIOR SCHOOL$3KMAYFIELD SENIOR SCHOOL$3KJAPANESE AMERICAN MUSEUM$2KDIRECT RELIEF INTERNATIO…$2KFORGETME NOT FOUNDATION$2KBEN FRANKLIN MIDDLE SCHOOL$2K

Grant Size Distribution

102 grants across all recorded years

98<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Claremont Mckenna College ($60,250), V Foundation for Cancer Research ($7,500), Santa Barbara Foundation ($5,000).

RecipientPurposeAmount
V FOUNDATION FOR CANCER RESEARCH CARY, NCSUPPORT$7,500
CLAREMONT MCKENNA COLLEGE CLAREMONT, CASUPPORT$60,250
GUIDE DOGS FOR THE BLIND SAN RAFAEL, CASUPPORT$1,000
BOWDOIN COLLEGE BRUNSWICK, MESUPPORT$1,000
CORNELL LAW SCHOOL ANNUAL ITHACA, NYSUPPORT$500
SANTA BARBARA FOUNDATION SANTA BARBARA, CASUPPORT$5,000
JAPANESE AMERICAN MUSEUM LOS ANGELES, CASUPPORT$2,000
AMOS TUCK SCHOOL DARTMOUTH HANOVER, NHSUPPORT$1,000
DIRECT RELIEF INTERNATIONAL SANTA BARBARA, CASUPPORT$2,000
CANCER CENTER OF SANTA BARBARA SANTA BARBARA, CASUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

REED W TOPHAMSECRETARY$21K

From 2024 filing

NameTitleHoursCompensation
ROBERT C NAKASONEPRES/DIRECT
MARY LYNN NAKASONEVP/DIRECTOR
ANNA N TOPHAMTREASURER/DI
ROBERT T NAKASONEDIRECTOR
SARAH N NAKASONEDIRECTOR
THOMAS A NAKASONEDIRECTOR
REED W TOPHAMSECRETARY2$21,462

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Nakasone Family Foundation?

Nakasone Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. It holds $1.5M in total assets as of 2024.

How large is Nakasone Family Foundation?

As of 2024, Nakasone Family Foundation holds $1.5M in total assets with $203K in annual revenue. It awarded 22 grants totaling $102K in 2024.

Where does Nakasone Family Foundation operate?

Nakasone Family Foundation has awarded grants in Arizona, California, Illinois, Indiana, Maine, Minnesota, North Carolina, New Hampshire, New Jersey, New York, Ohio, Utah.

What size grants does Nakasone Family Foundation award?

In 2024, Nakasone Family Foundation awarded 22 grants totaling $102K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Nakasone Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nakasone Family Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nakasone Family Foundation's EIN?

Nakasone Family Foundation's EIN (Employer Identification Number) is 75-3014409. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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