Hawaii Veterans Memorial Fund

Organization Overview

Hawaii Veterans Memorial Fund is located in Honolulu, HI. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Hawaii Veterans Memorial Fund 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, Hawaii Veterans Memorial Fund generated $210.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $198.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

DESCRIPTION OF ORGANIZATION MISSION: THE PURPOSE OF HAWAII VETERANS MEMORIAL FUND IS TO HELP RELIEVE THE STATE OF HAWAII FROM ITS OBLIGATION TO EDUCATE THOSE OF ITS RESIDENTS DESIRING TO OBTAIN A HIGHER EDUCATION BY PROVIDING UNDERGRADUATE SCHOLARSHIPS TO HAWAII RESIDENTS ATTENDING COLLEGE AT A SCHOOL WITHIN THE UNIVERSITY OF HAWAII SYSTEM OR GRADUATE SCHOLARSHIPS TO HAWAII RESIDENTS ATTENDING ANY GRADUATE SCHOOL WITHIN THE UNITED STATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS SCHOLARSHIPS TO WORTHY YOUNG MEN AND WOMEN FROM HAWAII IN OBTAINING HIGHER EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Arthur Goto
Vice President & Trustee
$0
Moses Haia
President & Trustee
$0
Lori Ideta
Trustee
$0
Carlos A Santana
Trustee
$0
Lee Putnam
Trustee
$0
Judy K Oliveira
Secretary & Trustee
$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$72
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$72
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $127,579
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $82,336
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $209,987

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