Hoiwai Fund is located in Honolulu, HI. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoiwai Fund 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, Hoiwai Fund generated $464.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.7% each year . All expenses for the organization totaled $337.5k during the year ending 12/2023. While expenses have increased by 57.5% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVES AS A CONVENER, TRAINER, RESOURCE CENTER, SERVICE PROVIDER AND ADVOCATE FOR PHILANTHROPIC ISSUES OF INTEREST TO HAWAII DONORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDER HUI FISCAL SPONSORSHIP - PROVIDE PROGRAMS AND SERVICES FOR HUI MEMBERS AND THE BROADER PHILANTHROPIC AND NONPROFIT SECTORS. PARTICIPANTS INCLUDE PRIVATE, FAMILY, COMMUNITY AND PUBLIC FOUNDATIONS, QUASI-GOVERNMENT ORGANIZATIONS AND CORPORATE GIVING PROGRAMS.
CREATE AND ESTABLISH A PHILANTHROPIC INTERMEDIARY. DEVELOPED PROGRAMING INCLUDES COHORT SUPPORTED PEER LEARNING, VARIOUS ISSUE-SPECIFIC FUNDER TABLES AND A CAPACITY BUILDING LEARNING COMMUNITY.
PROJECT THESIS FISCAL SPONSORSHIP - WOMEN'S LEARNING CIRCLE COMMITTED TO INCREASING THE DEDICATED FINANCIAL AND INTELLECTUAL CAPITAL INVESTED IN WOMEN-LEADERSHIP IN HAWAII THROUGH TRAINING AND LEARNING SEMINARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Co-Founder | Trustee | 5 | $3,141 |
Ashley Lukens Co-Founder | Trustee | 5 | $0 |
Cheryl Ka'uhane Lupenui Board Chair | Officer | 1 | $0 |
Matt Dekneef Board Secretary | Officer | 0.5 | $0 |
Claire Sullivan Board Member | Officer | 0.5 | $0 |
Anne Swayne Board Member | Officer | 0.5 | $0 |
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 | $424,350 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $424,350 |
Total Program Service Revenue | $1,586 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $464,923 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
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. | $3,141 |
Compensation of current officers, directors, key employees. | $3,141 |
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 | $229,738 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,709 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,295 |
Office expenses | $331 |
Information technology | $1,306 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,011 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,761 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,027 |
All other expenses | $0 |
Total functional expenses | $337,471 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $246,847 |
Savings and temporary cash investments | $51,917 |
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 | $298,764 |
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 | $298,764 |
Total liabilities and net assets/fund balances | $298,764 |
Over the last fiscal year, Hoiwai Fund has awarded $30,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
HUI O WA'A KAULUA PURPOSE: The purpose of this grant is to further Grantee's charitable purposes by providing Grantee with unrestricted use at the grantee's discretion. Grantee shall have sole discretion in determining what person(s) may benefit from the project. | $20,000 |
HALAU KEALAOKAMAILE PURPOSE: The purpose of this grant is to further Grantee's charitable purposes by providing Grantee with unrestricted use at the grantee's discretion. Grantee shall have sole discretion in determining what person(s) may benefit from the project. | $10,000 |