The Toshizo Watanabe Foundation

Private foundation · Grantmaker Los Angeles, CA EIN: 26-3057058

The Toshizo Watanabe Foundation is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.2M in total assets. In 2024, it awarded 1 grant totaling $500K. Net investment income was $561K.

Key facts about The Toshizo Watanabe Foundation

In short: The Toshizo Watanabe Foundation gave $500K across 1 grant in 2024 (avg $500K), mostly in District of Columbia. Source: 2024 IRS Form 990-PF.

EIN
26-3057058
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$500,000
Grants made (2024)
1
Average grant
$500,000
Median grant
$500,000
Total assets
$12,171,731
Primary geography
District of Columbia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.2M

+4.7% YoY

Annual Giving

$500K

-56.5% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$500K

+30.4% YoY

Under IRS private-foundation payout rules, The Toshizo Watanabe Foundation reported a distributable amount of $581K for 2024 — the minimum it must pay out in qualifying distributions.

How The Toshizo Watanabe Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 86% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

WashingtonLos AngelesSan MarinoHoughtonSanta Clara

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M2 grants2020 1 grant2021 2 grants2022 3 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $38K (2020) to $1.1M (2023). In 2024 it made 1 grant totaling $500K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

US Japan Council: $500KUS Japan Council$500K

The largest 2024 recipient was US Japan Council ($500K).

Grant Size Distribution

9 grants across all recorded years

2<$50K2$50–100K1$100–250K$250–500K3$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 3 grants of 9 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
US Japan Council Washington, DCEducation$500,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$12,171,731$11,629,339$11,686,278
Revenue$645,092$409,213$381,366
Expenses$648,972$1,280,297$689,022
Qualifying Distributions$500,000$1,150,000$575,000
Net Investment Income$560,766$321,761$333,353
Distributable Amount$580,712$580,756$616,760

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Toshizo Watanabe Foundation is led by Toshizo Watanabe, President on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Toshizo Watanabe

    President

    On filings since 2020

    No compensation reported

  • Eri Watanabe

    Secretary

    On filings since 2020

    8 hrs/week

    $6K (2020) → $24K (2024)

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

Eri Watanabe — Secretary: $24KEri WatanabeSecretary$24K

The highest reported compensation on the 2024 filing was $24K, to Eri Watanabe (Secretary).

Frequently asked questions about The Toshizo Watanabe Foundation

How much does The Toshizo Watanabe Foundation give each year?

The Toshizo Watanabe Foundation gave $500K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 3 grants.

How large is The Toshizo Watanabe Foundation?

The Toshizo Watanabe Foundation reported $12.2M in total assets on its 2024 IRS Form 990-PF. It paid out $500K in qualifying distributions that year, against a required minimum of $581K (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.

Where does The Toshizo Watanabe Foundation operate?

The Toshizo Watanabe Foundation has awarded grants in California, District of Columbia, Michigan.

What is The Toshizo Watanabe Foundation's EIN?

The Toshizo Watanabe Foundation's EIN (Employer Identification Number) is 26-3057058. 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.

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