University Of Hawaii Foundation is located in Honolulu, HI. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, University Of Hawaii Foundation employed 193 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University 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 06/2020, University Of Hawaii Foundation generated $76.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $61.3m during the year ending 06/2020. While expenses have increased by 1.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE DONORS' PASSIONS WITH THE UH ASPIRATIONS BY RAISING PHILANTHROPHIC SUPPORT AND MANAGING INVESTMENTS TO BENEFIT UH, THE PEOPLE OF HAWAII, & FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT AID AND SERVICES - UHF RAISES AND DISTRIBUTES MONEY FOR STUDENT AID, SCHOLARSHIPS, FELLOWSHIPS, GRANTS AND AWARDS TO HELP STUDENTS FULFILL THEIR ACADEMIC POTENTIAL AND ENSURE OUR STATE HAS THE SKILLED PROFESSIONALS IT NEEDS TO FLOURISH.THESE INCLUDE MERIT-BASED SCHOLARSHIPS, NEED-BASED SCHOLARSHIPS, STUDY ABROAD OPPORTUNITIES AND PROGRAMS THAT HELP BUILD INTERNATIONAL BRIDGES AND CULTURAL VERSATILITY. FELLOWSHIPS HELP UH ATTRACT AND RETAIN OUTSTANDING STUDENTS WHOSE RESEARCH AND CONTRIBUTIONS TO OUR WORLD ARE KEY TO A VIBRANT FUTURE.
CAPITAL PROJECTS - DONORS ENRICH OUR STUDENTS' EDUCATIONAL EXPERIENCES BY MAKING GIFTS TO SUPPORT STATE-OF-THE-ART FACILITIES SUCH AS MODERNIZED CLASSROOMS AND LABS, SPECIALIZED EQUIPMENT, AND ATHLETIC FACILITIES. GIFTS INCLUDE REAL AND PERSONAL PROPERTY FOR THE UNIVERSITY'S USE, GIFTS TO PURCHASE BUILDINGS, OTHER FACILITIES, EQUIPMENT AND LAND, OR DONATIONS TO SUPPORT THE CONSTRUCTION OF NEW BUILDINGS, MAJOR RENOVATIONS OR MAINTAINING CAMPUS FACILITIES.
SPECIAL PROGRAMS - DONOR DESIGNATED ACCOUNTS SUPPORT A RANGE OF ACADEMIC AND NON-ACADEMIC INITIATIVES/PROGRAMS. THESE INCLUDE VISITING DISTINGUISHED LECTURERS AND PROFESSORSHIPS, COMPUTER LAB SUPPORT, FACILITIES FUNDS, INTRAMURAL SPORTS, OUTREACH PROGRAMS THAT SUPPORT LIFELONG LEARNING AND COMMUNITY EDUCATION, HEALTH FAIRS, WORKSHOPS, BAND AND MENTORSHIP PROGRAMS. THROUGH FUNDRAISING AND ACCOUNT MANAGEMENT, UHF IS A PARTNER IN CAPITAL IMPROVEMENT PROJECTS TO BRING STATE-OF-THE-ART FACILITIES, TECHNOLOGY AND EQUIPMENT TO CAMPUSES STATEWIDE. QUALITY FACILITIES AND RESOURCES NURTURE HEALTHY LEARNING AND PRODUCTIVE COLLABORATION. FROM BUSINESS EDUCATION TO ADVANCED CULINARY TRAINING, DONORS ARE HELPING UH DELIVER WORLD-CLASS OPPORTUNITIES AND FACILITIES TO HAWAII STUDENTS. DONOR FUNDS MAKE IT POSSIBLE FOR OUR PUBLIC UNIVERSITY TO BRING DISTINGUISHED VISITING LECTURERS AND RESEARCHERS TO OUR CAMPUSES. EXAMPLES INCLUDE BRINGING SOME OF THE WORLD'S MOST HIGHLY REGARDED CANCER RESEARCHERS TO WORK COLLABORATIVELY IN OUR RESEARCH LABORATORIES WITH UH SCIENTISTS. WHILE THEY ARE HERE, THE PROMINENT RESEARCHERS, INCLUDING NOBEL LAUREATES, DELIVER A MAJOR LECTURE AT THE UNIVERSITY OF HAWAII CANCER CENTER. PRIVATE SUPPORT FUNDS THIS EXTRAORDINARY OPPORTUNITY FOR UH FACULTY, STUDENTS AND STAFF, TO MEET AND INTERACT WITH SOME OF THE MOST PROMINENT SCIENTISTS WHOSE WORK HAS SAVED MANY LIVES AND ESTABLISH RESEARCH COLLABORATIONS WITH THEM. OTHER DISTINGUISHED LECTURE SERIES SUPPORT HAWAII'S DIALOGUE WITH THE REST OF THE WORLD IN AREAS INCLUDING LOCAL ENTREPRENEURSHIP, INTERNATIONAL WOMEN'S LEADERSHIP, GLOBAL TECHNOLOGY, THE INTEGRATION OF SCIENCE AND CULTURE, AND INDIGENOUS LANGUAGE/CULTURAL ISSUES.
OTHER PROGRAM SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Dolan President/ceo | Officer | 40 | $472,822 |
John Han Vp/coo | Officer | 40 | $175,234 |
Jung Song Sr. Associate VP - Strategic | Officer | 40 | $171,159 |
Jason Ono Asst Treasurer (thru 02/21) | Officer | 40 | $169,266 |
Karla Zarate-Ramirez Associate VP - Major Gifts | Officer | 40 | $154,206 |
Lynne Wooddell Director Of Development | 40 | $139,070 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cambridge Associates Llc Investment Services | 6/29/21 | $602,617 |
Kpmg Llp Accounting Services | 6/29/21 | $242,152 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $63,320,456 |
Investment income | $6,620,250 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $43,820 |
Net Rental Income | $282,663 |
Net Gain/Loss on Asset Sales | $2,432,832 |
Net Income from Fundraising Events | $112,021 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $76,733,850 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $4,686,945 |
Grants and other assistance to Foreign Orgs/Individuals | $435,622 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,290,029 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,768,225 |
Pension plan accruals and contributions | $752,434 |
Other employee benefits | $756,490 |
Payroll taxes | $544,879 |
Fees for services: Management | $0 |
Fees for services: Legal | $102,346 |
Fees for services: Accounting | $206,455 |
Fees for services: Lobbying | $12,500 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,225,652 |
Fees for services: Other | $2,549,119 |
Advertising and promotion | $1,248,425 |
Office expenses | $1,956,002 |
Information technology | $263,477 |
Royalties | $0 |
Occupancy | $718,901 |
Travel | $1,964,767 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,332,791 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $192,951 |
Insurance | $152,193 |
All other expenses | $0 |
Total functional expenses | $61,348,887 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,607,235 |
Savings and temporary cash investments | $420,624 |
Pledges and grants receivable | $26,555,010 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $219,955 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $228,455 |
Investments—publicly traded securities | $139,598,789 |
Investments—other securities | $317,670,494 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,914,495 |
Total assets | $548,406,506 |
Accounts payable and accrued expenses | $5,617,692 |
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 | $27,272,238 |
Total liabilities | $32,889,930 |
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 |
Total liabilities and net assets/fund balances | $515,516,576 |
Over the last fiscal year, we have identified 1 grants that University Of Hawaii Foundation has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Hiram Leong Fong And Ellyn Lo Fong Wailuku, HI PURPOSE: EDUCAT | $1,000 |
Beg. Balance | $341,690,144 |
Earnings | $135,117,678 |
Admin Expense | $12,892,231 |
Net Contributions | $19,724,165 |
Ending Balance | $483,639,756 |
Organization Name | Assets | Revenue |
---|---|---|
University Enterprises Inc Sacramento, CA | $150,298,368 | $99,291,560 |
University Of California Irvine Foundation Irvine, CA | $884,006,067 | $143,548,070 |
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |