Ro Foundation
- Assets
- $293.1k
- Revenue
- $26.6k
- Investments
- $70.6k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- Data as of
- 12/2023
- EIN
- 84-2881695
Organization Overview
Ro Foundation is located in Honolulu, HI. 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. Ro 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, Ro Foundation generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.4%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelvin Ro Prestreasdirector | 1 | $0 | |
Jan Ro Vpsecdirector | 1 | $0 | |
Michael China Director | 1 | $0 | |
Bryan Luke Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $22 |
| Dividends & Interest | $150 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,402 |
| Capital Gain Net Income | $21,402 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,585 |
| Total operating and administrative expenses | $18,057 |
| Contributions, gifts, grants paid | $33,508 |
| Total expenses and disbursements | $51,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,316 |
| Savings and temporary cash investments | $28 |
| 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 | $135 |
| Total assets | $293,071 |
| 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, Ro Foundation has awarded $33,508 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WAHEA FOUNDATION PURPOSE: PRESERVE ASPECTS OF HAWAIIAN CULTURE | $11,000 |
FRIENDS OF WAIPAHU HIGH SCHOOL PURPOSE: EDUCATION SUPPORT | $15,000 |
KE ALII PAUAHI FOUNDATION PURPOSE: SEEK COMMUNITY PARTNERSHIPS | $5,000 |
HIGFFL PURPOSE: PROVIDE A SAFE SPACE FOR LGBTQ | $2,508 |