The Keith and Cecilia Terasaki Family Foundation

Private foundation · Grantmaker Arcadia, CA EIN: 46-1550552

THE KEITH AND CECILIA TERASAKI is a private foundation based in Arcadia, California. Its 2024 filing reports grants to charitable organizations, including universities, arts organizations, health providers, environmental organizations, and community and educational organizations.

Key facts about The Keith and Cecilia Terasaki Family Foundation

In short: The Keith and Cecilia Terasaki Family Foundation gave $739K across 32 grants in 2024 (avg $23K), mostly in California. 7% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
46-1550552
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$738,722
Grants made (2024)
32
Average grant
$23,085
Median grant
$10,000
New grantees (estimate)
7% first-time grantees (2 of 28, 2024)
Total assets
$11,455,354
Primary geography
California (84% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.5M

+1.6% YoY

Annual Giving

$739K

+10.3% YoY

Grant Count

32

-13.5% YoY

Avg Grant Size

$23K

+27.6% YoY

Under IRS private-foundation payout rules, The Keith and Cecilia Terasaki Family Foundation reported a distributable amount of $703K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Keith and Cecilia Terasaki Family Foundation open to new grantees?

7%

first-time grantees, 2024

In 2024, 2 of 28 grantees (7%) were first-time recipients. First grants averaged $5K; repeat grants $28K. How we count

Medians: $5K first-time, $13K repeat.

  • 86% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+16%). Method
  • In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its reported grants show support for a range of organizations and purposes. For example, the Colburn School describes its work as providing performance-centered education and fostering the joy and discipline of the performing arts. The Nature Conservancy says its mission is to conserve the lands and waters on which all life depends, and JWCH Institute describes providing outpatient primary health services in underserved areas and developing health care services and programs.

Other 2024 recipients include National Geographic Society, which says it works to increase and diffuse geographic knowledge through science, exploration, education, and storytelling; and Poston Community Alliance, which says it works to preserve Poston’s legacy by restoring historic structures and developing educational materials. Education recipients also included KIPP SoCal Public Schools, Brentwood School, and Marlborough School.

Grantmaking

In 2024, the foundation reported 32 grants totaling $738,722. The grants ranged from $100 to $158,750, with a median of $10,000. Its largest reported grants included $158,750 to UCLA Development for an endowed chair in the Division of Life Sciences and support for the UCLA Galactic Center Group Fund; $93,963 to the Los Angeles Philharmonic Association for general support; and $67,600 to the Colburn School for campus expansion and events. Other grants included $50,000 each to JWCH Institute, YMCA of Metropolitan Los Angeles, and The Nature Conservancy.

In 2023, it reported 37 grants totaling $669,549; in 2022, it reported 42 grants totaling $757,833.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, 84% of grant dollars went to recipients in California, 7% to Virginia, 4% to Massachusetts, 3% to the District of Columbia, and 1% to Wyoming.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 32 itemized grants.

Cities

Los AngelesWashingtonBeverly HillsBostonCommerceNew YorkSanta MonicaFairfaxArlingtonKamuelaDuarteMontereyOak BrookPalo AltoPowellClaremontLong BeachPleasantonSan FranciscoSeattle

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K31 grants2020 34 grants2021 42 grants2022 37 grants2023 32 grants2024

From 2020 to 2024, annual grant giving ranged from $540K (2020) to $758K (2022). In 2024 it made 32 grants totaling $739K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UCLA Development: $159KUCLA Development$159KLos Angeles Philharmonic Associatio: $94KLos Angeles PhilharmonicAssociatio$94KThe Colburn School: $68KThe Colburn School$68KJWCH Institute Inc: $50KJWCH Institute Inc$50KYMCA of Metropolitan Los Angeles: $50KYMCA of Metropolitan LosAngeles$50KThe Nature Conservancy: $50KThe Nature Conservancy$50KBoston University: $30KBoston University$30KTree People: $25KTree People$25KVista Del Mar Child Family Services: $25KVista Del Mar Child FamilyServices$25KNational Geographic Society: $25KNational Geographic Society$25K

The largest 2024 recipient was UCLA Development ($159K). Together the top 10 received $575K.

Organizations only. It also paid 5 grants to individuals ($32,980), which are not listed by name.

Grant Size Distribution

176 grants across all recorded years

148<$50K22$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 148 grants of 176 (84%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UCLA Development Los Angeles, CAEndowed chair in divsion of life sciencessupport ucla galactic center group fund$158,750
Los Angeles Philharmonic Associatio Los Angeles, CAGeneral Support$93,963
The Colburn School Los Angeles, CABoard member contributionsupport campus expansion, celebrate colburn event and other events$67,600
JWCH Institute Inc Commerce, CAGeneral Support$50,000
YMCA of Metropolitan Los Angeles Los Angeles, CASupport yes to more ymca camp whittle capital campaign$50,000
The Nature Conservancy Arlington, VAGeneral Support$50,000
Boston University Boston, MASupport Terasaki Family Scholarship Fund$30,000
Tree People Beverly Hills, CAGeneral Support$25,000
Vista Del Mar Child Family Services Los Angeles, CASupport Adoption Resource Centersupport Fundraiser$25,000
National Geographic Society Washington, DCSupport National Geographic Society Priorities$25,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2024 $738,722 32
2023 $669,549 37
2022 $757,833 42
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$11,455,354$11,269,526$11,106,656
Revenue$1,029,979$936,446$266,367
Expenses$844,151$773,576$864,658
Qualifying Distributions$748,859$682,373$770,605
Net Investment Income$934,937$845,393$149,781
Distributable Amount$703,451$648,211$683,076

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 17, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Keith K. Terasaki as President, Cecilia Terasaki as Secretary, and Paul K. Terasaki as President.

The Keith and Cecilia Terasaki Family Foundation is led by Keith K. Terasaki, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Keith K. Terasaki

    President

    On filings since 2020

    No compensation reported

  • Paul K. Terasaki

    President

    New on the 2024 filing

    No compensation reported

  • Cecilia Terasaki

    Secretary

    On filings since 2020

    No compensation reported

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.

Contact

Mailing address: 201 South 1St Avenue, Arcadia, CA 91006
Phone: (626) 359-7448

Frequently asked questions about The Keith and Cecilia Terasaki Family Foundation

How much does The Keith and Cecilia Terasaki Family Foundation give each year?

The Keith and Cecilia Terasaki Family Foundation gave $739K across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $670K across 37 grants.

What is The Keith and Cecilia Terasaki Family Foundation's typical grant size?

The Keith and Cecilia Terasaki Family Foundation's median grant in 2024 was $10,000, and its average grant was $23,085, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Keith and Cecilia Terasaki Family Foundation that year got $5K on average.

Where does The Keith and Cecilia Terasaki Family Foundation give grants?

The Keith and Cecilia Terasaki Family Foundation gives mostly in California: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Virginia (7%). The most frequent recipient cities were Los Angeles, CA (18 grants) and Washington, DC (2 grants).

Does The Keith and Cecilia Terasaki Family Foundation give general operating support?

Yes: 72% of The Keith and Cecilia Terasaki Family Foundation's 2024 grants with a stated purpose (23 of 32) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Keith and Cecilia Terasaki Family Foundation's largest grantees?

The Keith and Cecilia Terasaki Family Foundation's largest 2024 grantees include UCLA Development ($158,750), Los Angeles Philharmonic Associatio ($93,963) and The Colburn School ($67,600), according to its 2024 IRS Form 990-PF. It also paid 5 grants to individuals ($32,980), which are not listed by name. Together they received 43% of its itemized 2024 grant dollars.

How large is The Keith and Cecilia Terasaki Family Foundation?

The Keith and Cecilia Terasaki Family Foundation reported $11.5M in total assets on its 2024 IRS Form 990-PF. It paid out $749K in qualifying distributions that year, against a required minimum of $703K (roughly 5% of its investment assets).

What does The Keith and Cecilia Terasaki Family Foundation fund?

No mission statement for the foundation is provided. Its reported grants show support for a range of organizations and purposes. For example, the Colburn School describes its work as providing performance-centered education and fostering the joy and discipline of the performing arts. See mission & focus areas ↑

How do I apply for a grant from The Keith and Cecilia Terasaki Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Keith and Cecilia Terasaki Family Foundation's EIN?

The Keith and Cecilia Terasaki Family Foundation's EIN (Employer Identification Number) is 46-1550552. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Keith and Cecilia Terasaki Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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