Gift Foundation Of Hawaii
- Assets
- $159.0k
- Revenue
- $305.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 09/2004
- Data as of
- 12/2022
- EIN
- 30-0266316
Organization Overview
Gift Foundation Of Hawaii is located in Honolulu, HI. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public 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. Gift Foundation Of Hawaii 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, Gift Foundation Of Hawaii generated $305.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $253.0k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gift Foundation Of Hawaii has awarded 34 individual grants totaling $1,459,500. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE CHARITABLE GIFTS AND GRANTS IN THE STATE OF HAWAII.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR, THE GIFT FOUNDATION OF HAWAII CONDUCTS ONE OR MORE ANNUAL FUNDRAISING EVENTS. THE GIFT FOUNDATION OF HAWAII THEN SELECTS VARIOUS ORGANIZATIONS THAT ARE RECOGNIZED AS TAX EXEMPT UNDER CODE SECTION 501(C)(3) AND DONATES THE MONEY THEY RAISED (EXCEPT FOR A SMALL AMOUNT OF FUNDS EACH YEAR FOR OPERATIONAL EXPENSES) TO THOSE ORGANIZATIONS THE DONEE ORGANIZATIONS FURTHER EDUCATION PURPOSES OR SERVE A CHARITABLE FUNCTION IN HAWAII.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clagstone Ian Director | Trustee | 2 | $0 |
Downing Kirra Director | Trustee | 2 | $0 |
Faustin Haylee Director | Trustee | 2 | $0 |
Fergus Alex Director | Trustee | 2 | $0 |
Fiddler Kawika Secretary | OfficerTrustee | 2 | $0 |
Fieman Ben Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $473,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $21,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $473,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$167,775 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $205,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,712 |
| Advertising and promotion | $329 |
| Office expenses | $0 |
| 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 | $18,133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $253,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,007 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $159,007 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $159,007 |
| Total liabilities and net assets/fund balances | $159,007 |
Grants Awarded
Over the last fiscal year, Gift Foundation Of Hawaii has awarded $205,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALOHA HARVEST PURPOSE: FUND EXPANSION PLATFORM FOR FOOD DISTRIBUTION NETWORK. | $80,000 |
INSTITUTE FOR HUMAN SERVICES PURPOSE: FUND NEW JOB TRAINING PROGRAM. | $55,000 |
UVSC FOUNDATION HAWAII PURPOSE: EXPAND EXISTING PROGRAMS SUPPORTING CANCER PATIENTS. | $70,000 |