First Hawaiian Foundation
- Assets
- $6.0m
- Revenue
- $68.6k
- Investments
- $5.3m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 01/1978
- Data as of
- 12/2022
- EIN
- 23-7437822
Organization Overview
First Hawaiian Foundation is located in Honolulu, HI. The organization was established in 1978. 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. First Hawaiian 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, First Hawaiian Foundation generated $68.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.0%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, First Hawaiian Foundation has awarded 272 individual grants totaling $9,460,280. 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
CHARITABLE GIVING TO EDUC., RELIGIOUS, HEALTH, SOCIAL, CULTURAL & CIVIC ORGS. GRANTS/CONTRIB. WERE MADE TO 74 DONEE ORGS. IN 2022 WITH FUTURE DONATIONS PLEDGED TO 38 ORGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Harrison Chairman And Director | 0 | $0 | |
Cameron W Nekota President And Director | 0 | $0 | |
Alton A Murakami Vice President And Tax Manager | 0 | $0 | |
Joel E Rappoport Vice Pres., Sec. And Director | 0 | $0 | |
Ravi Mallela Treasurer And Director | 0 | $0 | |
Alan H Arizumi Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,004 |
| Interest on Savings | $2,203 |
| Dividends & Interest | $168,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$109,377 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,688 |
| Total Revenue | $68,589 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,335 |
| Contributions, gifts, grants paid | $1,948,692 |
| Total expenses and disbursements | $1,964,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $678,271 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,241 |
| Total assets | $5,959,626 |
| 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, First Hawaiian Foundation has awarded $1,948,692 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
PACIFIC ASIAN CENTER FOR ENTREPRENEURSHIP PURPOSE: TO SUPPORT RESIDENCES FOR INNOVATIVE STUDENT ENTREPRENEURS PROJECT. | $75,000 |
IOLANI SCHOOL PURPOSE: TO SUPPORT CAMPUS EXPANSION (NEW KINDER-1ST GRADE COMMUNITY). | $50,000 |
THE QUEEN'S HEALTH SYSTEMS PURPOSE: TO SUPPORT CONVERSION OF ROOMS TO DEDICATED INFECTIOUS DISEASE PROGRAM UNITS. | $50,000 |
UNIVERSITY OF HAWAII ECONOMIC RESEARCH ORG PURPOSE: TO SUPPORT ECONOMIC RESEARCH RELEVANT TO HAWAII AND THE ASIA-PACIFIC REGION. | $50,000 |
WAIANAE COAST COMPREHENSIVE HEALTH CENTER PURPOSE: TO SUPPORT CAPITAL CAMPAIGN TO EXPAND DENTAL CLINIC. | $50,000 |
HAWAIIAN HUMANE SOCIETY PURPOSE: TO SUPPORT HO'OPILI CAMPUS CAPITAL CAMPAIGN IN WEST OAHU. | $25,000 |