Hawaii Medical Foundation
- Assets
- $246.9k
- Revenue
- $2.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/1970
- Data as of
- 06/2021
- EIN
- 23-7063698
Organization Overview
Hawaii Medical Foundation is located in Honolulu, HI. The organization was established in 1970. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Medical 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 06/2021, Hawaii Medical Foundation generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (47.2%) each year. All expenses for the organization totaled $14.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HAWAII MEDICAL FOUNDATION IS PARTICULARLY FOCUSED ON PHYSICIAN EDUCATION, SUCH AS CONTINUING MEDICAL EDUCATION FOR PRACTICING PHYSICIANS, AND THE EDUCATION OF MEDICAL STUDENTS, RESIDENTS AND FELLOWS IN TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A STETHOSCOPE IS PURCHASED FOR EACH GRADUATE OF THE JOHN A BURNS SCHOOL OF MEDICINE.
GERIATRICS FUND - A PROGRAM THAT IS FOCUSED ON THE EDUCATIONAL PROGRAM NEEDS OF MEDICAL TRAINEES IN GERIATRIC MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Nichols Executive Administrator | Officer | 15 | $5,400 |
Myron Shirasu MD President | OfficerTrustee | 0.5 | $0 |
Alvin Fuse MD Vice-President | OfficerTrustee | 0.5 | $0 |
Patricia Blanchette MD Secretary | OfficerTrustee | 0.5 | $0 |
Robert Kagawa MD Treasurer | OfficerTrustee | 0.5 | $0 |
Hingson Chun MD Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $0 |
| Investment income | $62 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,122 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,623 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $395 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,619 |
| Savings and temporary cash investments | $104,090 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $158 |
| Total assets | $246,867 |
| Accounts payable and accrued expenses | $1,568 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,568 |
| Net assets without donor restrictions | $42,207 |
| Net assets with donor restrictions | $203,092 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $246,867 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hawaii Medical Foundation has recieved totaling $137,204.
| Awarding Organization | Amount |
|---|---|
The Physicians Foundation Inc Austin, TX PURPOSE: TO SUPPORT A STATEWIDE PHYSICIAN LEADERSHIP ACADEMY. | $137,204 |
Endowment Analysis
| Beg. Balance | $203,186 |
| Other Expense | $94 |
| Ending Balance | $203,092 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Translational Research In Oncology Us Inc Los Angeles, CA | $23,537,777 | $8,265,596 |
Pediatric Cancer Research Foundation Irvine, CA | $3,627,407 | $2,821,956 |
Cancer Prevention Institute of California (CPIC) Foster City, CA | $0 | $44,595 |
Vanguard Cancer Foundation Long Beach, CA | $1,374,337 | $177,388 |
Prostate Cancer Research Institute Culver City, CA | $2,240,081 | $999,786 |
Keatons Child Cancer Alliance Roseville, CA | $375,909 | $787,785 |
Ethos Discovery San Diego, CA | $1,024,175 | $920,855 |
Sino-American Cancer Foundation Arcadia, CA | $0 | $1,131,529 |
Grassrootshealth Encinitas, CA | $16,808 | $760,113 |
Hers Breast Cancer Foundation Fremont, CA | $618,137 | $748,037 |
Gerson Institute San Diego, CA | $613,731 | $560,501 |
Latinas Contra Cancer San Jose, CA | $442,985 | $463,081 |