Bank Of Hawaii Foundation
- Assets
- $2.8m
- Revenue
- $491.2k
- Investments
- $328.1k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 99-0210467
Organization Overview
Bank Of Hawaii Foundation is located in Honolulu, HI. The organization was established in 2014. 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. Bank 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 12/2023, Bank Of Hawaii Foundation generated $491.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (54.4%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bank Of Hawaii Foundation has awarded 657 individual grants totaling $11,205,690. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter S Ho Chairman & Director | 0 | $0 | |
Lono Kealoha President | 22 | $0 | |
Dean Y Shigemura Treasurer | 0 | $0 | |
Katherine S Lamb Secretary | 0 | $0 | |
Allison Deliz Assistant Secretary | 0 | $0 | |
S Haunani Apoliona Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $132,774 |
| Interest on Savings | $0 |
| Dividends & Interest | $358,119 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $334 |
| Capital Gain Net Income | $334 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15 |
| Total Revenue | $491,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,480 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,395 |
| Total operating and administrative expenses | $95,265 |
| Contributions, gifts, grants paid | $1,622,983 |
| Total expenses and disbursements | $1,718,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,128 |
| Savings and temporary cash investments | $2,361,768 |
| 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 | $328,093 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,804,989 |
| 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, Bank Of Hawaii Foundation has awarded $1,622,983 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
USS MISSOURI MEMORIAL ASSOCIATION PURPOSE: UNRESTRICTED GIFT | $25,000 |
MENTAL HEALTH AMERICA INC PURPOSE: UNRESTRICTED GIFT | $20,000 |
TEACH FOR AMERICA PURPOSE: UNRESTRICTED GIFT | $25,000 |
KAUAI PLANNING & ACTION ALLIANCE PURPOSE: UNRESTRICTED GIFT | $25,000 |
SALVATION ARMY HAWAIIAN AND PURPOSE: UNRESTRICTED GIFT | $10,000 |
AMERICAN HEART ASSOCIATION PURPOSE: UNRESTRICTED GIFT | $50,000 |