Hakone Foundation

Hakone Foundation

Saratoga, CA 95070
Tax ID77-0054274

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About this organization

Revenue

$1,323,077

Expenses

$1,200,451

Website

hakone.com

Mission

Maintain and enhance Hakone Estate and Gardens for the enjoyment and benefit of the public, to preserve its Japanese authenticity for future generations, to promote a deeper understanding of Asian cultures, and to serve as a global forum for art, music, culture and ideas.

About

One of the National Trust for Historic Preservation's premier sites and 100 years old, Hakone is one of the oldest Japanese estate, retreat and gardens in the western hemisphere. Hakone has also been on the national register of historic places since 2013. The garden is 18 acres nestled on the verdant hills of Saratoga overlooking Silicon Valley. This timeless oasis of peace provides the perfect venue for weddings, birthdays, baby showers, family celebrations, and memorial services. Additionally, Hakone has become a favorite location for company retreats, off-site business meetings, corporate conferences and seminars. The garden carries on the Japanese spirit by hosting annual events such as Shichi-Go-San, Dai-Chakai, Lunar Festival, Matsuri Festival, and Centennial Gala. During the 2018 fiscal year, Hakone admitted 31,779 visitors, provided tours to 809 guests, and hosted 146 events. Membership as of the 2018 fiscal year-end totaled 1,562.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “Maintain and enhance hakone estate and gardens for the enjoyment and benefit of the public, to preserve its japanese authenticity for future generations, to promote a deeper understanding of asian cultures, and to serve as a global forum for art, music, culture and ideas.”.

Their activities were defined as: “To maintain and enhance hakone estate and gardens.”.

  • As per legal requirements, the non-profit's state of operation is reported as CA.
  • The non-profit's address in 2020 as per the filing is PO BOX 2324, SARATOGA, CA, 95070.
  • The form of the non-profit organization shows 25 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $122,626.
  • The organization has 13 independent voting members.
  • The organization was formed in 2002.
  • The organization pays $675,097 in salary, compensation, and benefits to its employees.
  • The organization pays $80,322 in fundraising expenses.

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