Public Schools Of Hawaii Foundation
- Assets
- $4.0m
- Revenue
- $335.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 88-0243449
Organization Overview
Public Schools Of Hawaii Foundation is located in Honolulu, HI. The organization was established in 1987. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Schools Of Hawaii 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 12/2021, Public Schools Of Hawaii Foundation generated $335.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 67.6% each year . All expenses for the organization totaled $251.9k during the year ending 12/2021. While expenses have increased by 3.3% 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 2016, Public Schools Of Hawaii Foundation has awarded 53 individual grants totaling $1,019,077. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING THE QUALITY OF PUBLIC EDUCATION IN HAWAII BY INNOVATION FROM WITHIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF VARIOUS PROGRAMS AND AWARDS FOR THE IMPROVEMENT OF PUBLIC EDUCATION.
GOOD IDEA GRANT PROGRAM - ENHANCE INNOVATION IN THE CLASSROOM AND CHALLENGE TEACHERS TO THINK CREATIVELY AND BOLDLY. MINI-GRANTS PROVIDE THE NEEDED FINANCIAL RESOURCES NOT AVAILABLE THROUGH USUAL GOVERNMENT CHANNELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Nishimura Executive Vp/secretary | Officer | 3 | $0 |
Nolan Kawano Executive VP | Officer | 1 | $0 |
Julia Pae Okinaka Executive VP | Officer | 3 | $0 |
Sharon Shiroma Brown Vice President | Officer | 2 | $0 |
Ian Kitajima Executive VP | Officer | 2 | $0 |
Ken Hiraki President | Officer | 3 | $0 |
Financial Statements
| 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 | $89,023 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,023 |
| Total Program Service Revenue | $1,122 |
| Investment income | $186,002 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,463 |
| Net Income from Fundraising Events | $10,906 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $335,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,518 |
| Grants and other assistance to domestic individuals. | $110,910 |
| 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 | $21,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,161 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $678 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,271 |
| All other expenses | $0 |
| Total functional expenses | $251,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498,997 |
| Savings and temporary cash investments | $314,249 |
| 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 | $3,145,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,958,622 |
| 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 | $3,958,622 |
| Total liabilities and net assets/fund balances | $3,958,622 |
Grants Awarded
Over the last fiscal year, Public Schools Of Hawaii Foundation has awarded $84,983 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Honolulu, HI PURPOSE: ALTINO TRAINING - CODING PLATFORM WHICH AIMS TO BRING EDUCATION REFORM TO ALL K-12 SCHOOLS IN HAWAII. | $25,000 |
HONOLULU STAR ADVERTISER PURPOSE: NEWSPAPERS IN EDUCATION | $21,503 |
Honolulu, HI PURPOSE: MICRO-INTERNSHIP PROGRAM | $12,500 |
Honolulu, HI PURPOSE: SCIENCE LAB EQUIPMENT | $11,130 |
Honolulu, HI PURPOSE: ENVIRONMENTAL EDUCATION PROJECT | $8,500 |
GROVE FARM COMPANY INC PURPOSE: EDUCATIONAL MODULES PROGRAM | $6,350 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Public Schools Of Hawaii Foundation has recieved totaling $18,514.
| Awarding Organization | Amount |
|---|---|
Nmf Foundation Honolulu, HI PURPOSE: CHARITABLE - GENERAL | $7,500 |
First Insurance Company Of Hawaii Charitable Foundation Honolulu, HI PURPOSE: SUPPORT GENERAL FUND | $5,000 |
Harold K L Castle Foundation Kailua, HI PURPOSE: FOR A UNSOLICITED GRANT OF $1,000 PER YEAR IN LIEU OF PURCHASING SEATS OR A TABLE AT THE ANNUAL KULIA I KA NU'U (STRIVE FOR THE HIGHEST) AWARDS BANQUET [4360; PC] | $5,000 |
J Watumull Fund Honolulu, HI PURPOSE: GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harvard-Westlake School Studio City, CA | $519,427,126 | $134,983,009 |
The Harker School San Jose, CA | $301,623,113 | $112,065,304 |
Taipei American School Foundation Los Angeles, CA | $200,440,067 | $84,912,591 |
Roessler-Chadwick Foundation Palos Verdes Peninsula, CA | $148,653,684 | $85,001,982 |
Antelope Valley Learning Academy Inc Valencia, CA | $39,011,789 | $89,911,071 |
Iolani School Honolulu, HI | $388,589,856 | $96,713,611 |
Valley Christian Schools San Jose, CA | $114,034,879 | $67,792,442 |
Crossroads School For Arts And Sciences Santa Monica, CA | $228,466,642 | $71,695,660 |
Brentwood School Los Angeles, CA | $181,845,528 | $61,517,128 |
Viewpoint Educational Foundation Calabasas, CA | $147,164,644 | $51,317,532 |
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |
La Jolla Country Day School La Jolla, CA | $114,865,046 | $46,001,052 |