Liliuokalani Trust
- Assets
- $730.0m
- Revenue
- $42.0m
- Investments
- $534.0m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/1952
- Data as of
- 12/2022
- EIN
- 99-0078890
Organization Overview
Liliuokalani Trust is located in Honolulu, HI. The organization was established in 1952. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Liliuokalani Trust 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, Liliuokalani Trust generated $42.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $45.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Liliuokalani Trust has awarded 67 individual grants totaling $1,675,611. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
THE PROGRAM GOAL OF THE TRUST IS TO SERVE ORPHAN AND DESTITUTE KAMALI'I (YOUTH)AND THEIR FAMILIES. THE FOCUS IS ON STRENGTHENING FAMILIES SO THEY CAN RAISE HEALTHY, RESILIENT CHILDREN. THE TRUST ACCOMPLISHES THIS BY CREATING HIGH-IMPACT PROGRAMS AND SERVICES, AND WORKING WITH OTHERS IN THE COMMUNITY TO CHANGE THE SYSTEM THAT KEEPS THE MOST VULNERABLE INDIVIDUALS TRAPPED IN A CYCLE OF LIMITED OPTIONS. THIS WORK IS CARRIED OUT BY A STAFF OF APPROXIMATELY 166 EMPLOYEES THAT INCLUDE SOCIAL WORKERS, ADMINISTRATIVE AND SUPPORT STAFF OPERATING FROM MULTIPLE OFFICES THROUGHOUT THE STATE. IN 2022 THE TRUST PROVIDED DIRECT SERVICES TO 1,603 KAMALI'I (YOUTH).AMOUNTS PAID TO ACCOMPLISH CHARITABLE PURPOSES 21,462,379AMOUNTS PAID TO ACQUIRE ASSETS USED FOR CHARITABLE PURPOSE 5,164,705AMOUNTS SET ASIDE FOR CHARITABLE PURPOSES 27,000,000TOTAL AMOUNTS PAID FOR CHARITABLE PURPOSES 53,627,084
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas K Kaulukukui Jr Trustee | 7 | $184,490 | |
Robert Ozaki Trustee | 7 | $214,788 | |
Claire L Asam Trustee | 40 | $202,137 | |
Dawn Harflinger President & CEO | 40 | $476,697 | |
Mercedes Lanza Vice President & Cao | 40 | $246,412 | |
Juli Torigoe Vice President & CFO | 40 | $246,832 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flansburgh Architects | 12/30/22 | $2,642,066 |
Kiewit | 12/30/22 | $2,524,516 |
Gateside Inc | 12/30/22 | $2,188,149 |
Cambridge Associates Llc | 12/30/22 | $1,731,146 |
Monarch Insurance Services | 12/30/22 | $1,634,369 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,290 |
| Interest on Savings | $2,500 |
| Dividends & Interest | $1,975,916 |
| Net Rental Income | $9,367,211 |
| Net Gain on Sale of Assets | $11,764,514 |
| Capital Gain Net Income | $20,169,571 |
| Net ST Capital Gain | $0 |
| Income Modifications | $2,065,195 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,695,301 |
| Total Revenue | $41,966,244 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,957,195 |
| Other employee salaries and wages | $11,993,134 |
| Pension plans, employee benefits | $3,002,801 |
| Interest | $0 |
| Taxes | $6,310,448 |
| Depreciation | $4,514,459 |
| Occupancy | $595,892 |
| Travel, conferences, and meetings | $330,950 |
| Printing and publications | $19,100 |
| Other expenses | $11,200,711 |
| Total operating and administrative expenses | $45,612,437 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $45,640,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $563,419 |
| Savings and temporary cash investments | $22,719,296 |
| Net Accounts receivable | $1,799,214 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $124,430 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,018,091 |
| Net Investments - land, buildings, equipment | $60,957,365 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $75,227,596 |
| Other assets | $32,593,222 |
| Total assets | $729,962,948 |
| Accounts payable and accrued expenses | $6,801,218 |
| Grants payable | $0 |
| Deferred revenue | $1,774,623 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $28,584,099 |
| Other liabilities | $3,285,398 |
| Total liabilities | $40,445,338 |
Grants Awarded
Over the last fiscal year, Liliuokalani Trust has awarded $28,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ADULT FRIENDS FOR YOUTH PURPOSE: SPONSOR GRANTEE'S ANNUAL FUNDRAISER TO RAISE SUPPLEMENTAL FUNDS TO PROVIDE SERVICES FOR AT-RISK YOUTH | $3,000 |
BOYS AND GIRLS CLUB OF HAWAII PURPOSE: DONATION TO SUPPORT ANNUAL WALK IN THE COUNTRY FUNDRAISER EVENT & TO SUPPORT GENERAL ORGANIZATION ACTIVITIES | $7,000 |
HAWAII ALLIANCE OF NONPROFIT PURPOSE: SPONSOR ANNUAL HANOCON TO SUPPORT NETWORKING OF HAWAII'S NONPROFITS. | $1,500 |
HAWAII PONOI FOUNDATION PURPOSE: SPONSOR HAWAIIAN HISTORY MONTH. TO EDUCATE GENERAL PUBLIC AND CELEBRATE HISTORY OF QUEEN LILI'UOKALANI AND HAWAIIAN HISTORY IN GENERAL | $5,000 |
PARTNERS IN DEVELOPMENT PURPOSE: SPONSOR ULU HANA: PEWA AWARDS-LT EMPLOYEE WAS INCLUDED AS AN HONOREE | $2,500 |
UNIVERSITY OF HAWAII PURPOSE: SPONSOR GRANTEE'S FUNDRAISER FOR UNIVERSITY OF HAWAII COLLEGE OF ENGINEERING | $3,000 |