Straub Foundation
- Assets
- $26.6m
- Revenue
- $14.6m
- Investments
- $2.6m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 06/1962
- Data as of
- 06/2022
- EIN
- 99-0109350
Organization Overview
Straub Foundation is located in Honolulu, HI. The organization was established in 1962. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Straub 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 06/2022, Straub Foundation generated $14.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 64.3% each year . All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF STRAUB FOUNDATION IS TO CREATE A HEALTHIER HAWAI'I.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Of Director, Chair | OfficerTrustee | 0.1 | $0 |
Name Not Listed Board Of Director | Trustee | 0.1 | $0 |
Name Not Listed Board Of Director | Trustee | 0.1 | $0 |
Name Not Listed Board Of Director | Trustee | 0.1 | $0 |
Name Not Listed Board Of Director | Trustee | 0.1 | $0 |
Name Not Listed Board Of Director | Trustee | 0.1 | $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 | $14,465,837 |
| Noncash contributions included in lines 1a–1f | $281,283 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,465,837 |
| Total Program Service Revenue | $0 |
| Investment income | $87,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,784 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,587,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,139,270 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,317 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,437 |
| Fees for services: Other | $755,344 |
| Advertising and promotion | $14,284 |
| Office expenses | $19,589 |
| Information technology | $23,079 |
| Royalties | $0 |
| Occupancy | $22,581 |
| Travel | $5,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,740 |
| Insurance | $7,716 |
| All other expenses | $6,302 |
| Total functional expenses | $2,163,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,394,112 |
| Savings and temporary cash investments | $220,286 |
| Pledges and grants receivable | $6,178,784 |
| Accounts receivable, net | $401,228 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,849 |
| Investments—publicly traded securities | $1,534,343 |
| Investments—other securities | $2,570,650 |
| Investments—program-related | $3,696,041 |
| Intangible assets | $0 |
| Other assets | $557,570 |
| Total assets | $26,564,863 |
| Accounts payable and accrued expenses | $91,600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $159,176 |
| 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 | $453,883 |
| Total liabilities | $704,659 |
| Net assets without donor restrictions | -$4,722,817 |
| Net assets with donor restrictions | $30,583,021 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,564,863 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Olive View Ucla Education And Research Institute Inc Sylmar, CA | $13,925,204 | $14,010,014 |
Tower Cancer Research Foundation Beverly Hills, CA | $3,927,785 | $2,539,108 |
National Alopecia Areata Foundation San Rafael, CA | $3,489,660 | $3,613,350 |
Hawaii Hospital Education And Research Foundation Honolulu, HI | $2,011,127 | $2,796,667 |
Straub Foundation Honolulu, HI | $26,564,863 | $14,587,144 |
East Bay Institute For Research And Education Inc Rancho Cordova, CA | $1,080,729 | $1,603,332 |
California Institute For Medical Research San Jose, CA | $1,101,764 | $615,358 |
Harvey Bassett Clarke Foundation Palo Alto, CA | $209,987 | $200,500 |
Sherman Oaks Orthopaedic Research Foundation Inc Sherman Oaks, CA | $108,764 | $0 |
Los Angeles Biomedical Research Foundation At Harbor Ucla Medical Torrance, CA | $8,765 | $0 |