Hau Oli Mau Loa Foundation
- Assets
- $164.6m
- Revenue
- $25.4m
- Investments
- $157.3m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/1991
- Data as of
- 12/2021
- EIN
- 13-3588071
Organization Overview
Hau Oli Mau Loa Foundation is located in Honolulu, HI. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hau Oli Mau Loa Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hau Oli Mau Loa Foundation generated $25.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $5.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hau Oli Mau Loa Foundation has awarded 315 individual grants totaling $91,548,834. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janis A Reischmann Secretary & Exec Director | 40 | $319,633 | |
Brant H Chillingworth Senior Program Offic | 40 | $157,234 | |
Anela Shimizu Asst Secretary | 40 | $118,796 | |
Keahi E Makaimoku Program Associate | 40 | $112,409 | |
James Koshiba President & Director | 5.5 | $96,300 | |
Kylee P Mar Director | 5.5 | $96,300 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Investment Group | 12/30/21 | $559,273 |
University Of Hawaii | 12/30/21 | $46,621 |
Ball Baker Leake Llp | 12/30/21 | $90,517 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,046 |
| Dividends & Interest | $1,715,387 |
| Net Rental Income | -$3,356 |
| Net Gain on Sale of Assets | $18,861,274 |
| Capital Gain Net Income | $18,861,274 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,786,032 |
| Total Revenue | $25,425,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $331,953 |
| Other employee salaries and wages | $685,081 |
| Pension plans, employee benefits | $169,179 |
| Interest | $0 |
| Taxes | $408,422 |
| Depreciation | $69,399 |
| Occupancy | $178,209 |
| Travel, conferences, and meetings | $6,757 |
| Printing and publications | $0 |
| Other expenses | $186,658 |
| Total operating and administrative expenses | $2,926,781 |
| Contributions, gifts, grants paid | $2,938,326 |
| Total expenses and disbursements | $5,865,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,499,175 |
| Savings and temporary cash investments | $1,140 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $40,968 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $153,364,600 |
| Net Land, buildings, and equipment | $271,704 |
| Other assets | $13,206 |
| Total assets | $164,592,924 |
| Accounts payable and accrued expenses | $145,517 |
| Grants payable | $1,788,051 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $726,505 |
| Total liabilities | $2,660,073 |
Grants Awarded
Over the last fiscal year, Hau Oli Mau Loa Foundation has awarded $5,390,230 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF HAWAI'I FOUNDATION PURPOSE: VARIOUS INVASIVE SPECIES AND ENVIRONMENTAL PROJECTS | $1,184,736 |
SAVE THE CHILDREN PURPOSE: HUMANITARIAN RELIEF:SUPPORT RESPONSE TO CHILDREN AFFECTED BY CLIMATE-RELATED DISASTERS, GENERAL OPERATING SUPPORT | $581,156 |
HALE KIPA INC PURPOSE: FIRST GENERATION: GENERAL OPERATING AND PROGRAM SUPPORT FOR UNDERSERVED YOUTH | $425,051 |
Honolulu, HI PURPOSE: ENVIRONMENT: SUPPORT FOR CONSERVATION LEADERSHIP DEVELOPMENT & ENVIRONMENTAL EDUCATION | $380,001 |
Hilo, HI PURPOSE: TO CONSTRUCT AFFORDABLE SELF-HELP HOMES FOR QUALIFIED LOW INCOME FAMILIES | $374,767 |
DOCTORS WITHOUT BORDERS PURPOSE: HUMANITARIAN RELIEF: EMERGENCY RELIEF | $330,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |
Kenneth T And Eileen L Norris Foundation Long Beach, CA | $111,335,469 | $18,433,080 |
Ebay Foundation San Jose, CA | $60,566,868 | $33,616,987 |