Ohuokalani Charitable Foundation
- Assets
- $4.8m
- Revenue
- $3.5m
- Investments
- $1.3m
- Employees
- 0
- Location
- Aiea, HI
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 99-0345409
Organization Overview
Ohuokalani Charitable Foundation is located in Aiea, HI. The organization was established in 2002. 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. Ohuokalani Charitable 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, Ohuokalani Charitable Foundation generated $3.5m in total revenue. All expenses for the organization totaled $87.6k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 8 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, Ohuokalani Charitable Foundation has awarded 39 individual grants totaling $432,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDING FOR THE CONTINUANCE/RE-ESTABLISHMENT OF HAWAIIAN ENDEMIC/INDIGENOUS FLORA/FAUNA AND THE PRESERVATION/RESTORATION OF HAWAIIAN CULTURAL AND ARCHEOLOGICAL SITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Akina President/director | 12 | $0 | |
Shelly Akina Treasurer/director | 1 | $0 | |
Shana Karras Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,475,000 |
| Interest on Savings | $132 |
| Dividends & Interest | $32,147 |
| Net Rental Income | $1,600 |
| Net Gain on Sale of Assets | -$1,587 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,507,292 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $6,602 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,836 |
| Printing and publications | $0 |
| Other expenses | $1,778 |
| Total operating and administrative expenses | $37,562 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $87,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $199,833 |
| 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 | $874,198 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,394,200 |
| Other assets | $0 |
| Total assets | $4,814,456 |
| 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, Ohuokalani Charitable Foundation has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BISHOP MUSEUM PURPOSE: TO SUPPORT PROGRAMS FOR THE PRESERVATION AND PROMOTION OF THE ABORIGINAL HAWAIIAN CULTURE AS IT WAS FROM 1820-1920 | $15,000 |
HAWAII LAND TRUST PURPOSE: TO SUPPORT CONSERVATION OF HAWAI'I LAND, FAUNA AND FLORA. WE APPRECIATE THE GREAT WORK HILT IS DOING IN CONSERVATION ACROSS THE ISLANDS | $10,000 |
HONOLULU MUSEUM OF ART PURPOSE: TO SUPPORT PROGRAMS FOR THE PRESERVATION AND PROMOTION OF THE ABORIGINAL HAWAIIAN CULTURE AS IT WAS FROM 1820-1920 | $15,000 |
PUNAHOU SCHOOL PURPOSE: TO SUPPORT PROGRAMS FOR IKE HAWAI'I | $5,000 |
WAIMANALO HEALTH CENTER PURPOSE: SUPPORT GENERAL OPERATIONS AND THE DR. CHARMAN J. AKINA MEMORIAL SCHOLARSHIP | $5,000 |