Ama Olukai Foundation
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 37-1771001
Organization Overview
Ama Olukai Foundation is located in Honolulu, HI. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ama Olukai 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 12/2023, Ama Olukai Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $380.6k during the year ending 12/2023. While expenses have increased by 18.7% per year over the past 9 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 2015, Ama Olukai Foundation has awarded 105 individual grants totaling $1,131,177. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMA OLUKAI FOUNDATION CREATED A FOUNDATION VILLAGE AT THEEVENT TO HONOR BENEFICIARIES FOR THEIR OUTSTANDINGCONTRIBUTIONS TOWARDS CULTURAL PRESERVATION IN HAWAII AND TOFURTHER EDUCATE THE PUBLIC ABOUT HAWAIIAN CULTURE ANDCOMMUNITY. EVENTS INCLUDE EDUCATIONAL EVENTS RELATING TO THEART OF CELESTIAL NAVIGATION AND THE HOKULE'A VOYAGE, AND THEIMPORTANCE OF PRESERVING HAWAIIAN CULTURAL HERITAGE IN THEHONOKAWAI VALLEY OF MAUI. THE FOUNDATION ALSO PARTICIPATESIN GIVEBACK DAY TO PROMOTE EDUCATION AND AWARENESS OF HAWAIIAN TRADITIONS AS A SIGN OF RESPECT, THROUGH EVENTS SUCH AS THE TARO PATCH AND WETLANDS RESTORATIONS. IN TAX YEAR 2021, DUE TO THE COVID-19 EPIDEMIC THE EVENT WAS POSTPONED TO A FUTURE DATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James C Hormel Board Director/president | 1 | $0 | |
James Harris Board Director/treasurer | 1 | $0 | |
Kerry Konrady Board Director/secretary | 1 | $0 | |
Dan Mcinerny Executive Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,520,187 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,520,187 |
| 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 | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,731 |
| Printing and publications | $0 |
| Other expenses | $20,079 |
| Total operating and administrative expenses | $23,810 |
| Contributions, gifts, grants paid | $356,827 |
| Total expenses and disbursements | $380,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,150,265 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $1,150,265 |
| Accounts payable and accrued expenses | $3,535 |
| 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 | $31,338 |
| Total liabilities | $34,873 |
Grants Awarded
Over the last fiscal year, Ama Olukai Foundation has awarded $356,827 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAIIAN LIFEGUARD ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
HOOLA MUSIC AND CULTURAL ARTS PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
HUI ALOHA AINA MOMONA PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
UNIVERSITY OF HAWAII FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |
HULI HAWAII INC PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
MAUI NUI MAKAI NETWORK PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |