Panasonic Foundation Inc
Panasonic Foundation Inc is a private foundation based in Newark, New Jersey. It supports equitable access to STEM education and careers, with an emphasis on students from underserved communities.
Panasonic Foundation Inc at a glance
In short: Panasonic Foundation Inc gave $491K across 5 grants in 2024 (avg $98K), top state Virginia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $490,952
- -56.3% vs 2023
- Grants made (2024)
- 5
- -70.6% vs 2023
- Average grant
- $98,190
- +48.5% vs 2023
- Median grant
- $55,000
- Total assets
- $9,352,809
- +5.9% vs 2023
- Primary geography
- Virginia (46% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Panasonic Foundation Inc
- How to Apply
-
Contact Alejandra Ceja, Executive Director. The filing lists no application form or materials, deadlines, or award restrictions, and states that the foundation does not restrict giving to preselected organizations.
- Contact
Application contact: Alejandra Ceja Executive Director
Mailing address: Two Riverfront Plaza, Newark, NJ 07102
Phone: (201) 392-6077
Website: https://na.panasonic.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Panasonic Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was National Institute of Aerospace ($227K). Together the top 5 received $491K.
Grant Size Distribution
54 grants across all recorded years
The most common grant size was in the $50–100K range: 20 grants of 54 (37%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went to recipients in Virginia (46%), New York (22%), California (11%), Nevada (11%), and New Jersey (9%).
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How Panasonic Foundation Inc gives
- Giving fell 48% from 2021 to 2024. Method
- In 2024 it paid out 227% of its IRS minimum distribution (the 5% rule). 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 2020 to 2024, annual grant giving ranged from $491K (2024) to $1.1M (2023). In 2024 it made 5 grants totaling $491K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Institute of Aerospace Hampton, VA | Nia, nasa, panasonic stem education engagement to promote access to stem in k-12 | $226,602 |
| Foundation for Impact on Literacy and Learning Huntington, NY | Panasonic Student Eco Citizenship Program | $109,350 |
| First California San Diego, CA | First Program Support in Los Angeles, California | $55,000 |
| First Nevada Las Vegas, NV | First lego league challenge, first tech challenge team, personnel support: training/workshops | $55,000 |
| Youthbuild Newark Inc Newark, NJ | Payment for support for the early childhood literacy in the city | $45,000 |
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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 | $9,352,809 | $1,470,053 | $1,031,248 | $490,952 | 5 | $1,002,172 | $714,895 | $441,425 |
| 2023 | $8,831,155 | $2,112,596 | $1,658,814 | $1,124,350 | 17 | $1,614,857 | $1,547,879 | $424,477 |
| 2022 | $8,948,759 | $1,127,779 | $1,290,177 | $759,358 | 8 | $1,248,023 | $463,439 | $484,484 |
| 2021 | $10,805,232 | $1,755,661 | $1,566,289 | $950,000 | 12 | $1,456,666 | $1,123,254 | $538,300 |
| 2020 | $10,807,883 | $1,125,993 | $1,659,171 | $960,510 | 12 | — | $409,844 | $493,646 |
Under IRS private-foundation payout rules, Panasonic Foundation Inc reported a distributable amount of $441K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to foster innovation and inclusion through early, equitable access to STEM education and careers. Its stated priorities include resources and professional development for under-resourced schools and educators, mentorship and exposure to STEM careers, diverse industry role models, and creative problem-solving.
Its 2024 grants included support for STEM education programs, a student eco-citizenship program, FIRST programs, and early-childhood literacy. The National Institute of Aerospace, which received the largest grant, describes its mission as supporting the charitable, educational, and research purposes of the National Institute of Aerospace Associates. YouthBuild Newark, another 2024 grantee, describes its mission as harnessing the intelligence and positive energy of low-income young people to rebuild their community and their lives.
Grantmaking
In 2024, the foundation reported five grants totaling $490,952. Grant amounts ranged from $45,000 to $226,602, with a median of $55,000.
The largest awards were $226,602 to the National Institute of Aerospace for a NASA and Panasonic STEM education engagement to promote K–12 STEM access, and $109,350 to the Foundation for Impact on Literacy and Learning for the Panasonic Student Eco Citizenship Program. Other grants included $55,000 to FIRST California for program support in Los Angeles, $55,000 to FIRST Nevada for FIRST LEGO League Challenge and FIRST Tech Challenge support, and $45,000 to YouthBuild Newark for early-childhood literacy support in Newark.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jessica Hodkinson as Director, Board Chair, and Secretary; Kenji Shimonishi as Treasurer; Gordon Kyvik as Assistant Treasurer; and Afiya M Jordan as Assistant Secretary. Directors listed are Scott R Kirchner, Allan Swan, Jeffrey Werner, and Andres A Alonso.
Panasonic Foundation Inc is led by Jessica Hodkinson, Director, Board Chair & Secretary since 2023 (on filings since 2021); 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Jessica Hodkinson
Director, Board Chair & Secretary
Director & Secretary → Director, Board Chair & Secretary, 2023
On filings since 2021
1 hr/week
No compensation reported
Andres A. Alonso
Director
On filings since 2020
1 hr/week
$8K (2020) → $0 (2024)
Jeffrey Werner
Director
On filings since 2020
1 hr/week
No compensation reported
Allan Swan
Director
On filings since 2022
1 hr/week
No compensation reported
Scott R. Kirchner
Director
On filings since 2022
1 hr/week
No compensation reported
Gordon Kyvik
Assistant Treasurer
On filings since 2020
1 hr/week
$14K (2020) → $15K (2024)
Kenji Shimonishi
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Afiya M. Jordan
Assistant Secretary
On filings since 2021
1 hr/week
No compensation reported
Former officers (8)
- Former: Juan Otero (2020–2023) — Director
- Former: Linda Woodruff (2022–2023) — Director & Board Chair- Term
- Former: Ainissa G. Ramirez (2020–2022) — Director
- Former: Myungwon Lee (2020–2022) — Director & Chairman
- Former: Patricia Gandera (2020–2022) — Director
- Former: Stephen Weingarten (2020–2021) — Secretary
- Former: Michael Riccio (2020) — Treasurer
- Former: Milton Chen (2020) — Director & Chairman
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 $15K, to Gordon Kyvik (Assistant Treasurer).
Frequently asked questions about Panasonic Foundation Inc
How much does Panasonic Foundation Inc give each year?
Panasonic Foundation Inc gave $491K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 17 grants.
What is Panasonic Foundation Inc's typical grant size?
Panasonic Foundation Inc's median grant in 2024 was $55,000, and its average grant was $98,190, across 5 grants on its 2024 IRS Form 990-PF.
Where does Panasonic Foundation Inc give grants?
Panasonic Foundation Inc's top state is Virginia, with 46% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (22%) and California (11%).
Does Panasonic Foundation Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Panasonic Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Panasonic Foundation Inc's largest grantees?
Panasonic Foundation Inc's largest 2024 grantees include National Institute of Aerospace ($226,602), Foundation for Impact on Literacy and Learning ($109,350) and First California ($55,000), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is Panasonic Foundation Inc?
Panasonic Foundation Inc reported $9.4M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $441K (roughly 5% of its investment assets).
What does Panasonic Foundation Inc fund?
The foundation’s mission is to foster innovation and inclusion through early, equitable access to STEM education and careers. See mission & focus areas ↑
How do I apply for a grant from Panasonic Foundation Inc?
Contact Alejandra Ceja, Executive Director. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Panasonic Foundation Inc's EIN?
Panasonic Foundation Inc's EIN (Employer Identification Number) is 22-2548639. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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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Cite this profile
Grantable. (2026). Panasonic Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/panasonic-foundation-inc-morg_3abb2e5947c8477b9e86ce2c951b9aa1
BibTeX
@misc{grantable_222548639_2026,
author = {{Grantable}},
title = {{Panasonic Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/panasonic-foundation-inc-morg_3abb2e5947c8477b9e86ce2c951b9aa1},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Panasonic Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Panasonic Foundation Inc down — hundreds of funders to go?