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Filing year 2024

Hakone Foundation

Saratoga, California·EIN 77-0054274·3
Total revenue
$1.9M
Total assets
$3.3M
Total expenses
$1.6M
Reported officers
14
Mission

Hakone Foundation is dedicated to preserving the historic legacy and authenticity of Hakone Estates and Gardens for public benefit, and promoting Asian cultural exchange through educational experiences. Originally built in 1915 as a private residence, today Hakone Estates and Gardens is one of the oldest Japanese gardens in the Western Hemisphere and a cherished public park by the local California Bay Area Community. Owned by the City of Saratoga since 1966, Hakone Foundation has independently operated Hakone on behalf of the City since 2000, hosting 40,000-65,000 visitors annually and maintaining . traditional Japanese gardens, a koi pond, several historic buildings and architectural features, a cultural with rotating art exhibits, and 4 traditional Japanese tea ceremony tetami spaces. Hakone Foundation presents numerous educational programs throughout the year to promote its mission of Asian cultural exchange, including Haname (cherry blossom viewing), Toro Nagashi (floating lantern

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Base salaryExecutive compensation
Executive Director
$101k
$107k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Down 25%
from 2023

From $134k in 2023 to $101k in 2024.

$134k
2023
$101k
2024
In today's dollarsEst.
Down 27% in real terms$147k to $107k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Hakone Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.8M
$1.4M
2023
$1.9M
$1.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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