Nonprofit · EIN 33-0637812
MEDICI FOUNDATION
Tax-exempt · IRVINE, CA 92618
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $53,850 | $454,971 | -$401,121 | $814,081 | $0 | $814,081 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $27,302
- Program service revenue
- $0
- Investment income
- $26,548
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $398,945
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,156
- Program services (functional)
- $398,945
- Management and general (functional)
- $56,026
Balance sheet and other
- Total assets, start of year
- $1,167,485
- Total assets, end of year
- $814,081
- Total liabilities, end of year
- $0
- Net assets, end of year
- $814,081
- Publicly traded securities
- $479,327
- Gross receipts
- $53,850
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1994
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH TOKITA MD | DIRECTOR, CEO Trustee or director, Officer | 4 | $0 |
| CHUCK FOSDICK | DIRECTOR, CFO Trustee or director, Officer | 2 | $0 |
| KARL TOKITA | DIRECTOR, SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 16100 SAND CANYON AVE STE 130, IRVINE, CA 92618-3722
- In care of
- % KENNETH M TOKITA
- Principal officer (990 for 2025)
- KENNETH TOKITA MD, 16100 SAND CANYON AVE STE 130, IRVINE, CA 92618
- Signed the 990
- KENNETH TOKITA MD, DIRECTOR/CEO
- Phone
- (949) 417-1100
- Return prepared by
- THE LAW OFFICE OF CHRISTOPHER K POLING
Mission
TO PROVIDE FINANCIAL SUPPORT FOR THE CULTURAL ARTS, MEDICAL RESEARCH AND PHILANTHROPIC CAUSES.
Program accomplishments
- GRANTS PRESENTED TO THE BREAST CENTER OF IRVINE THAT OFFERS MAMMOGRAMS AND OTHER SCREENINGS TO REFERRED PATIENTS REGARDLESS OF INSURANCE OR FINANCIAL BARRIERS.Expenses $350,000 · grants $350,000
- OTHER GRANTS IN SUPPORT OF BROADER CANCER RESEARCH.Expenses $48,945 · grants $48,945
- MEDICAL LAB EXPENSES.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-0637812
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $814,081
- Income (IRS master file)
- $53,850
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $139,368 | $535,566 | $1,621,472 | IRS |
| 990 | December 2022 | $136,326 | $1,150,950 | $1,902,945 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about MEDICI FOUNDATION
- What is the EIN of MEDICI FOUNDATION?
- The employer identification number (EIN) of MEDICI FOUNDATION is 33-0637812.
- Is MEDICI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MEDICI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEDICI FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MEDICI FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEDICI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MEDICI FOUNDATION?
- The 990 for the year ended December 31, 2025 names KENNETH TOKITA MD.
- Who are the officers and directors of MEDICI FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MEDICI FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $53,850, expenses of $454,971 and total assets of $814,081 at year end.
Other nonprofits in IRVINE
- ORANGE COUNTY COMMUNITY FOUNDATION EIN 33-0378778 · last filed 990 for 2025
- TIGER WOODS CHARITY EVENT CORP EIN 06-1554474 · last filed 990 for 2025
- OCCF SUPPORTING ORGANIZATION EIN 26-0564840 · last filed 990 for 2025
- ORANGE COUNTYS UNITED WAY EIN 33-0047994 · last filed 990 for 2025
- JEWISH COMMUNITY FOUNDATION OF ORANGE COUNTY EIN 95-3645825 · last filed 990 for 2025
- SLAVE 2 NOTHING FOUNDATION EIN 47-4712082 · last filed 990 for 2024
- IRVINE PUBLIC SCHOOLS FOUNDATION EIN 33-0733191 · last filed 990 for 2025
- IN-N-OUT BURGERS FOUNDATION EIN 33-0654550 · last filed 990 for 2024
All nonprofits in IRVINE · California · Philanthropy, voluntarism and grantmaking foundations