OVERVIEW: The Terry K. Watanabe Charitable Trust primarily funds grantmaking related to LGBT causes, and AIDS services. It also earmarks funds for other causes like human services and health.
IP TAKE: The foundation lacks transparency and does not maintain a website restricting information available about its grantmaking strategies or interests.
PROFILE: Established in 2001, the Terry K. Watanabe Charitable Trust was founded by businessman Terry Watanabe, who steered his family’s Omaha-based party-favor import business. The foundation maintains a low public profile. It also does not operate a website or employ a paid staff. According to tax filings, the Terry K. Watanabe Charitable Trust primarily funds grantmaking related to LGBT causes, and AIDS services. It also earmarks funds for other causes like human services and health.
Watanabe supports groups like GLAAD and the Gay Men's Health Crisis in New York City, home to the Terry K. Watanabe Volunteer and Work Center, which “trains and supports thousands of volunteers and interns in the fight against AIDS. The Center also assists never-, under-, or un-employed clients transition into work.” In 2001, he made a $1 million gift to GLAAD, the largest gift at the time by an individual donor in the
Grants range from $50 to around $207,000. In a recent fiscal year, the foundation gave away approximately $209,000. Past grantees include Nebraska AIDS Project, Children’s Hospital Los Angeles, and what’s now known as the The Los Angeles Reinvestment Foundation, whose mission is to “feed as many hungry families, senior citizens, handicap and veterans throughout the year.”
The foundation does not accept unsolicited grant applications or requests for funding.
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Terry K. Watanabe Charitable Trust
9380 Marino Cir Apt 208
Naples, FL 34114