Ululani Foundation
- Assets
- $3.5m
- Revenue
- $9.2k
- Investments
- $3.5m
- Employees
- 0
- Location
- Kailuakona, HI
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-3283739
Organization Overview
Ululani Foundation is located in Kailuakona, HI. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ululani 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 12/2022, Ululani Foundation generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $219.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ululani Foundation has awarded 102 individual grants totaling $1,749,336. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MONETARY GRANTS TO ORGANIZATIONS THAT ARE EXEMPT UNDER IRC SEC. 501(C)(3)
TO PROVIDE RESOURCES TO SUPPORT THE ACTIVITIES OF ORGANIZATIONS THAT ARE EXEMPT UNDER IRC 501(C)(3)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen E Heiman Pres/sec/dir | 15 | $0 | |
Diane S Heiman Vp/treas/dir | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $172,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$163,200 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,215 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $9,270 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,185 |
| Total operating and administrative expenses | $55,280 |
| Contributions, gifts, grants paid | $163,716 |
| Total expenses and disbursements | $218,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,123 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,526,849 |
| Net Land, buildings, and equipment | $6,802 |
| Other assets | $0 |
| Total assets | $3,535,774 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ululani Foundation has awarded $163,716 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
42ND STREET MOON PURPOSE: FUNDING FOR SUPPORT OF FINE ARTS | $11,500 |
HAWAII OPERA THEATRE PURPOSE: FUNDING FOR SUPPORT OF FINE ARTS | $10,000 |
OPERA PARALLELE PURPOSE: FUNDING FOR SUPPORT OF FINE ARTS | $25,000 |
PACIFIC SINGERS & ACTORS WORKSHOP PURPOSE: FUNDING FOR SUPPORT OF FINE ARTS | $21,200 |
SAN FRANCISCO OPERA PURPOSE: FUNDING FOR SUPPORT OF FINE ARTS | $10,000 |
THE FOOD BASKET HAWAII ISLANDS FOOD BANK PURPOSE: FUNDING FOR HUNGER RELIEF PROGRAMS | $15,000 |