NonprofitsMachine Tool Technologies Research Foundation

Education

Machine Tool Technologies Research Foundation

SAN FRANCISCO, CA

Total revenue

$355K

Total expenses

$755K

Net assets

$6.3M

Grants received

EIN

030493008

Tax year

2024

Mission

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.

Programs

1 program

Expansion of mission and program services:our mission is to achieve the 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 educators, 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, educators, 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 researchers 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 researchers, 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.

Financials

FY 2024

Revenue

Contributions & grants$173K
Program service revenue
Investment income$182K
Other revenue
Total revenue$355K

Expenses

Grants paid$245K
Salaries & benefits$237K
Fundraising
Other expenses$273K
Total expenses$755K
Total assets$6.4M
Net assets$6.3M

People

4 listed

NameRoleCompensation

KAZUO YAMAZAKI

PRESIDENT

Board

$144K

24 hrs/wk

YUKIKO YAMAZAWA

CFO

Board

$65K

24 hrs/wk

NATSUO OKADA

DIRECTOR

Board

$12K

1 hrs/wk

MASAHIKO MORI

DIRECTOR

Board

1 hrs/wk

Details

EIN030493008
NTEE codeB82
Subsection03
Ruling date2003-05
Formed2002
Employees2
Volunteers1
MACHINE TOOL TECHNOLOGIES RESEARCH FOUNDATION — Mission, Financials & Grants Received | Grantivo