2024-09-09T10:30:06-05:00 2023-12-31 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2023-01-01 030493008 MACHINE TOOL TECHNOLOGIES RESEARCH FOUNDATION MACH 4157755788 1100 SACRAMENTO STREET 1004 SAN FRANCISCO CA 94108 KAZUO YAMAZAKI PRESIDENT 4157755788 2024-09-06 1 0 AMANDA H WILLIAMS P01281212 9166466464 2024-09-06 2023 2024-08-08 14:25:15Z KAZUO YAMAZAKI 1100 SACRAMENTO STREET 1004 SAN FRANCISCO CA 94108 4118617 0 X WWW.MTTRF.ORG X 2002 CA TO PROVIDE SCHOLARSHIP FUNDS AND EQUIPMENT USAGE TO UNIVERSITY FACULTY MEMBERS, STUDENTS AND POST GRADUATE RESEARCHERS TO STUDY AND PERFORM RESEARCH IN THE FIELD RELATED TO MACHINE TOOL SYSTEMS. 3 1 2 1 0 0 180000 166000 0 0 -68244 108010 0 0 111756 274010 31440 132337 0 0 225226 237284 0 0 0 833834 504064 1090500 873685 -978744 -599675 7329477 6714178 115156 55876 7214321 6658302 X TO PROMOTE THE HIGHEST QUALITY TECHNOLOGIES IN THE FIELD OF MACHINE TOOLS AND RELATED INDUSTRIES BY ENCOURAGING THE EXCELLENT SCHOLARS, EDUCATORS AND STUDENTS TO JOIN AND WORK IN THE FIELD. 0 0 655142 132337 PROVIDE SCHOLARSHIP FUNDS AND EQUIPMENT USAGE TO STUDENTS, POST GRADUATE RESEARCHERS AND PROFESSORS TO STUDY AND PERFORM RESEARCH IN THE FIELDS RELATED TO MACHINE TOOL SYSTEMS. EXPANSION OF MISSION AND PROGRAM SERVICES:OUR MISSION IS TO ACHIEVE HIGHEST QUALITY TECHNOLOGY IN THE FIELD OF MACHINE TOOL AND ITS RELATED INDUSTRIES. TO ACHIEVE THIS, MACHINE TOOL TECHNOLOGY FOUNDATION WILL DO THE FOLLOWING:1)TO PROVIDE SCHOLARSHIP FUNDS TO THE STUDENTS AND POST GRADUATE RESEARCHERS TO STUDY AND PERFORM RESEARCH IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.2)TO DONATE FUNDS TO THE EDUCATIONAL INSTITUTIONS TO PROMOTE EDUCATION AND RESEARCH ACTIVITIES IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.3)TO PROVIDE THE FREE LOAN OF EQUIPMENT AND SOFTWARE TO EDUCATORS, STUDENTS, PROFESSIONAL RESEARCHERS AND TECHNICAL SPECIALISTS TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.4)TO CONDUCT A SURVEY OF MACHINE TOOL TECHNOLOGIES AND PUBLISH THE RESULTS.5)TO PROVIDE FUNDS TO EDUCATOR, STUDENTS, PROFESSIONAL RESEARCHERS AND TECHNICAL SPECIALISTS TO PREPARE PROMOTIONAL MATERIALS TO ENCOURAGE RESEARCH AND EDUCATIONAL ACTIVITIES IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.6)TO PROVIDE FUNDS TO EDUCATORS, STUDENTS, PROFESSIONAL RESEARCHERS AND TECHNICAL SPECIALISTS TO CONDUCT A SURVEY OF THE CURRENT EDUCATIONAL AND RESEARCH ACTIVITIES OF EDUCATIONAL INSTITUTIONS, RESEARCH INSTITUTES, AND NON-PROFIT ORGANIZATIONS IN THE FIELDS RELATED TO MACHINE TOOL SYSTEMS. THE SURVEY SHALL ALSO IDENTIFY THE EDUCATIONAL AND ENGINEERING HUMAN RESOURCE NEEDS OF THE MACHINE TOOL SYSTEMS INDUSTRIES. THE PURPOSE OF THE SURVEY IS TO IDENTIFY THE CURRENT STATUS OF EDUCATIONAL AND RESEARCH PROGRAMS OF EDUCATIONAL INSTITUTIONS, RESEARCH INSTITUTES, AND NON-PROFIT ORGANIZATIONS IN THE AREA OF MACHINE TOOL SYSTEMS AND COMPARE THESE PROGRAMS WITH THE EDUCATIONAL NEEDS IN MACHINE TOOL RELATED INDUSTRIES.7)TO PAY THE PROFESSIONAL ASSOCIATION FEES FOR MERITORIOUS STUDENTS, PROFESSIONAL RESEARCHERS AND EDUCATORS WORKING IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.8)TO PROVIDE FUNDS AND ADMINISTRATIVE SERVICES TO FACILITATE CONFERENCES AND MEETINGS FOR STUDENTS, EDUCATOR, PROFESSIONAL RESEARCHERS, AND TECHNOLOGY SPECIALISTS IN THE FIELD OF MACHINE TOOL TECHNOLOGIES.9)TO FINANCE TRAVEL AND REGISTRATION FEES SO THAT EDUCATORS, MERITORIOUS STUDENTS, AND PROFESSIONAL RESEARCHERS MAY ATTEND PROFESSIONAL CONFERENCES, MEETINGS, AND SEMINARS IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.10)TO FINANCE TRAVEL EXPENSES SO THAT MERITORIOUS STUDENTS, PROFESSIONAL RESEARCHES AND EDUCATORS MAY VISIT EDUCATIONAL AND RESEARCH INSTITUTES, PUBLIC ORGANIZATIONS AND INDUSTRIES TO EXCHANGE TECHNOLOGICAL KNOWLEDGE OR STUDY THE EMERGING TECHNOLOGIES IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.11)TO PROVIDE FUNDS TO EDUCATORS, PROFESSIONAL RESEARCHES, MERITORIOUS STUDENTS, AND ENGINEERING SPECIALISTS TO PUBLISH THEIR KNOWLEDGE IN FIELDS RELATED TO MACHINE TOOL SYSTEMS.12)TO HOLD CONFERENCES ON RESEARCH DEVELOPMENTS IN THE FIELD OF MACHINE TOOL SYSTEMS TECHNOLOGIES.13)TO COMMUNICATE WITH EDUCATORS, ENGINEERS AND SPECIALISTS IN FIELDS RELATED TO MACHINE TOOL TECHNOLOGIES TO SPREAD UNDERSTANDING ABOUT THE LATEST INFORMATION AND ENCOURAGE COLLABORATION AMONG THE EXPERTS.VISIONMACHINE TOOL TECHNOLOGIES FOUNDATION IS ENVISIONED AS A DIVERSIFIED FOUNDATION WHICH VALUES SERVICE THROUGH FIELDS OF ACADEMIA AS WELL AS INDUSTRY.TO GROW INTERNATIONALLY WELL KNOWN FOUNDATION, WE STRIVE TO MAINTAIN FOUNDATION WITH DIGNITY AND HIGHEST ETHICAL STANDARDS. MACHINE TOOL TECHNOLOGIES FOUNDATION IS ENVISIONED AS A DIVERSIFIED FOUNDATION WHICH VALUES SERVICE THROUGH FIELDS OF ACADEMIA AS WELL AS INDUSTRY.TO GROW INTERNATIONALLY WELL KNOWN FOUNDATION, WE STRIVE TO MAINTAIN FOUNDATION WITH DIGNITY AND HIGHEST ETHICAL STANDARDS. 655142 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X YUKIKO YAMAZAWA YAMAZAKI CFO 4159020908 1100 SACRAMENTO STREET 1004 SAN FRANCISCO CA 94108 KAZUO YAMAZAKI PRESIDENT 24.00 X X 144000 0 0 MASAHIKO MORI DIRECTOR 1.00 X 0 0 0 NATSUO OKADA DIRECTOR 1.00 X 12000 0 0 YUKIKO YAMAZAWA CFO 24.00 X 65000 0 0 221000 0 0 1 0 0 0 0 166000 166000 108010 108010 3844607 3844607 0 274010 0 0 108010 132337 132337 221000 104500 116500 16284 8142 8142 1013 1013 18700 18700 946 946 2700 109 2591 62297 58791 3506 42409 42409 272030 259870 12160 11342 5671 5671 HOA DUES 56974 28487 28487 PROPERTY TAXES 29095 14510 14585 DUES & SUBSCRIPTIONS 4706 4706 LICENSES & FEES 1852 316 1536 873685 655142 218543 0 113943 168288 4424280 4132258 250 321 31453 31453 6304861 3992324 2635283 2312537 124268 69321 7329477 6714178 7429 1752 107727 54124 115156 55876 X 2205126 1807565 5009195 4850737 7214321 6658302 7329477 6714178 -599675 43656 0 X X 0 1 X 1 0 X 1119905 470000 860000 180000 166000 2795905 1119905 470000 860000 180000 166000 2795905 2492819 303086 65619 23066 7190 18968 108010 222853 3018758 17000 0.10040 0.10040 X PART II, LINE 17A - 10% FACTS AND CIRCUMSTANCES TEST - 2023 ATTRACTION OF SUPPORT: ALTHOUGH MACHINE TOOL TECHNOLOGIES RESEARCH (MTTRF) DOES NOT ACTIVELY SOLICIT CONTRIBUTIONS OR GRANTS FROM THE GENERAL PUBLIC, IT DOES NOT REFUSE ANY SUCH AMOUNTS. THE ORGANIZATION'S ACTIVITIES ARE DESIGNED TO ATTRACT SUPPORT FROM THOSE WHO MAINTAIN STUDIES AND RESEARCH IN THE MACHINE TOOL TECHNOLOGY FIELD. SOURCES OF SUPPORT: THE ACTIVITIES OF MTTRF ARE LIMITED TO UNIVERSITIES AND PUBLIC RESEARCH ORGANIZATIONS. THAT BEING SAID, THE UNIVERSITIES AND INSTITUTIONS ARE NOT LIMITED TO THE UNITED STATES, RATHER UNIVERSITIES WORLDWIDE ARE CANDIDATES FOR AND RECEIVE BENEFIT FROM EQUIPMENT LOANED TO THEM FOR RESEARCH. THE PRINCIPAL DONORS TO MTTRF ARE INDIVIDUALS, CORPORATIONS AND EDUCATION INSTITUTIONS HAVING AN INTEREST IN DEVELOPING INNOVATIONS THROUGH RESEARCH IN THE FIELD OF MACHINE TOOL TECHNOLOGY. REPRESENTATIVE GOVERNING BODY: A) THE BOARD OF DIRECTORS CONSISTS OF MEMBERS WITH A SPECIFIC INTEREST IN MACHINE TOOL RESEARCH AND TECHNOLOGY, TWO WITH DOCTORATE OF ENGINEERING DEGREES. B) THE BOARD OF DIRECTORS DOES NOT CONSIST OF PUBLIC OFFICIALS OR THEIR REPRESENTATIVES. NOR ARE THEY COMMUNITY LEADERS OR PERSONS ELECTED BY A BROAD-BASED MEMBERSHIP. THE BOARD DOES CONSIST OF MEMBERS WHO ARE EXPERTS IN MACHINE TOOL TECHNOLOGY. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES; PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES: A) MTTRF LENDS EQUIPMENT INTENDED FOR RESEARCH PURPOSES, TO CERTAIN PROFESSORS AT VARIOUS UNIVERSITIES LOCATED THROUGHOUT THE WORLD. THE STUDENT BODY OF THE UNIVERSITIES INTERESTED IN MACHINE TOOL TECHNOLOGY BENEFIT FROM THIS ENDEAVOR. ADDITIONALLY, THE RESULTS OF THE RESEARCH ARE PRESENTED TO MTTRF AND THEN MADE AVAILABLE TO THE GENERAL PUBLIC IN THE FORM OF ANNUAL REPORTS AS WELL AS TECHNICAL PROCEEDINGS. B) THE RESEARCH DERIVED FROM THE ORGANIZATION HAS AN INDIRECT BENEFIT TO THE GENERAL PUBLIC AS EXPLAINED IN (A) ABOVE. C) RESEARCH INTO TECHNOLOGICAL IMPROVEMENTS IN THE FIELD OF MACHINE TOOL TECHNOLOGY IS CONDUCTED YEAR ROUND AT VARIOUS UNIVERSITIES WORLDWIDE. ADDITIONAL FACTORS: MTTRF IS NOT A MEMBERSHIP ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1379769 1379769 1021238 223236 798002 3887901 3756096 131805 15953 12992 2961 2312537 CURRENT PORTION OF OPERATING LEASE LIABILITY 54124 54124 X 317666 43656 43656 274010 0 274010 873685 0 873685 0 873685 PART X, LINE 2: THE ORGANIZATION HAS APPLIED THE ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. 1 JAPAN 2 0 ADVANCED MANUFACTURING TECHNOLOGIES RESEARCH AND DEVELOPMENT. 132337 2 0 0 0 2 0 132337 0 132337 JAPAN GRANT FOR RESEARCH PROGRAM IN AREA OF MACHINE TOOL TECHNOLOGIES TO BE USED FOR RESEARCH EXPENSES RELATED TO JOINT RESEARCH ACTIVITY. 31621 50716 DONATION OF MACHINE TO USE IN MACHINE TOOL TECHNOLOGY LEARNING. BOOK, FMV JAPAN GRANT FOR RESEARCH PROGRAM IN AREA OF MACHINE TOOL TECHNOLOGIES TO BE USED FOR RESEARCH EXPENSES RELATED TO JOINT RESEARCH ACTIVITY. 50000 0 FMV 1 1 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 YUKIKO YAMAZAWA YAMAZAKI(CFO OF MTTRF) IS THE SPOUSE TO KAZUO YAMAZAKI(PRESIDENT OF MTTRF). FORM 990, PART VI, SECTION A, LINE 7A ALL OF THE BOARD OF DIRECTORS HAVE THE RIGHT TO ELECT ONE MORE BOARD OF DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE CEO BEFORE SIGNING AND SUBMITTING. FORM 990, PART VI, SECTION B, LINE 12C THE CEO WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICT OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 BASED ON THE COMPARABILITY SUBMITTED, BOARD OF DIRECTORS APPROVE. THIS PROCESS WAS LAST DONE IN 2022. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESSES FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.