First Hawaiian Foundation
- Assets
- $7.9m
- Revenue
- $1.8m
- Investments
- $5.1m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 01/1978
- Data as of
- 12/2021
- EIN
- 23-7437822
Organization Overview
First Hawaiian Foundation is located in Honolulu, HI. The organization was established in 1978. 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. First Hawaiian 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 12/2021, First Hawaiian Foundation generated $1.8m 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 (10.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, First Hawaiian Foundation has awarded 177 individual grants totaling $7,511,588. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIVING TO EDUC., RELIGIOUS, HEALTH, SOCIAL, CULTURAL & CIVIC ORGS. GRANTS/CONTRIB. WERE MADE TO 61 DONEE ORGS. IN 2021 WITH FUTURE DONATIONS PLEDGED TO 38 ORGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alton A Murakami Vice President And Tax Manager | 0 | $0 | |
Christopher L Dods Director | 0 | $0 | |
Gina O W Anonuevo Director | 0 | $0 | |
Joel E Rappoport Vice Pres., Sec. And Director | 0 | $0 | |
Alan H Arizumi Director | 0 | $0 | |
Ralph M Mesick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,002,004 |
| Interest on Savings | $59 |
| Dividends & Interest | $140,462 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $651,029 |
| Capital Gain Net Income | $651,029 |
| Net ST Capital Gain | $2,392 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,984 |
| Total Revenue | $1,803,538 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,202 |
| Contributions, gifts, grants paid | $1,672,234 |
| Total expenses and disbursements | $1,680,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,744,338 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,188 |
| Total assets | $7,855,064 |
| 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, First Hawaiian Foundation has awarded $3,002,234 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
BLOOD BANK OF HAWAII PURPOSE: TO SUPPORT CAPITAL CAMPAIGN TO CONSTRUCT PERMANENT FACILITY IN KAPOLEI. | $250,000 |
PACIFIC ASIAN CENTER FOR ENTREPRENEURSHIP PURPOSE: TO SUPPORT RESIDENCES FOR INNOVATIVE STUDENT ENTREPRENEURS PROJECT. | $150,000 |
UNIVERSITY OF HAWAII ECONOMIC RESEARCH ORG PURPOSE: TO SUPPORT ECONOMIC RESEARCH RELEVANT TO HAWAII AND THE ASIA-PACIFIC REGION. | $100,000 |
Honolulu, HI PURPOSE: CORPORATE PLEDGE. | $100,000 |
PACIFIC ASIAN CENTER FOR ENTREPRENEURSHIP PURPOSE: TO SUPPORT RESIDENCES FOR INNOVATIVE STUDENT ENTREPRENEURS PROJECT. | $100,000 |
Honolulu, HI PURPOSE: CORPORATE PLEDGE. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |
Kenneth T And Eileen L Norris Foundation Long Beach, CA | $111,335,469 | $18,433,080 |
Ebay Foundation San Jose, CA | $60,566,868 | $33,616,987 |