EIN 22-2548639

Panasonic Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1985
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Panasonic Foundation is a corporate foundation that donates to many causes, such as the New Jersey Superintendents Network Newark Trust for Education Students 2 Science Hispanic Heritage First Robotics Jersey Cares D. The foundation is located in Newark, NJ and donated $785,000 last year.
Total revenues
$2,112,596
2023
Total expenses
$1,658,814
2023
Total assets
$8,831,155
2023
Num. employees
0
2023

Grants made by Panasonic Foundation

GranteeGrant descriptionAmount
STEM Next Opportunity FundSupporting the Stem Next Opp. Fund's Million Girls Moonshot Initiative and Workforce Dev. Program$250,000
Foundation for Impact on Literacy and LearningPanasonic Student Eco Citizenship Program$109,350
National Institute of Aerospace (NIAA)Nia, Nasa, Panasonic Stem Education Engagement To Promote Access To Stem in K-12$100,000
...and 9 more grants made

Personnel at Panasonic Foundation

NameTitle
Megan MyungwonChairwoman and Chief Executive Officer

Financials for Panasonic Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$536,760
Investment income and dividends$1,414,135
Net rental income$0
Net gain from sale of non-inventory assets$161,701
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,112,596

Form 990s for Panasonic Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-15990PFView PDF
2019-122022-01-31990PFView PDF
...and 8 more Form 990s

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The Ariel FoundationMount Vernon, OH$5,874,067
Baker Hughes FoundationHouston, TX$4,718,728
The Affinity Plus Federal Credit Union FSaint Paul, MN$772,452
Connexus Energy FoundationRamsey, MN$584,498
Reynolds and Reynolds Company FoundationKettering, OH$1,372,410
Bank of New Hampshire Charitable FoundationLaconia, NH$1,153,917
Flextronics FoundationSan Jose, CA$1,420,918
Data update history
May 9, 2025
Updated personnel
Identified 1 new personnel
January 7, 2025
Posted financials
Added Form 990PF for fiscal year 2023
December 28, 2023
Updated personnel
Identified 1 new personnel
December 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCorporate foundationsCharities
Issues
Hispanic
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2 Riverfront Plaza
Newark, NJ 07102
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
na.panasonic.com/social-impact 
Phone
(201) 392-6077
IRS details
EIN
22-2548639
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1985
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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