Kuakini Foundation
- Assets
- $15.2m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 3
- Location
- Honolulu, HI
- Founding
- 11/1985
- Data as of
- 06/2021
- EIN
- 99-0225067
Organization Overview
Kuakini Foundation is located in Honolulu, HI. The organization was established in 1985. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Kuakini Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kuakini 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 06/2021, Kuakini Foundation generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $11.8m during the year ending 06/2021. While expenses have increased by 2.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF KUAKINI FOUNDATION IS TO IMPROVE THE HEALTH STATUS OF THE COMMUNITY BY: PROVIDING COMPREHENSIVE HEALTH CARE SERVICES AND PROGRAMS AT REASONABLE COST; CONTINUOUSLY IMPROVING THE QUALITY OF HEALTH CARE SERVICES AND PROGRAMS; ENCOURAGING CLINICAL RESEARCH; SUPPORTING TRAINING AND EDUCATIONAL PROGRAMS FOR HEALTH CARE PERSONNEL; AND OFFERINGCOMMUNITY SERVICE PROGRAMS. KUAKINI FOUNDATION IS RESPONSIBLE FOR DEVELOPING A BROADER BASE OF COMMUNITY FINANCIAL SUPPORT THROUGH FUNDRAISING ACTIVITIES INCLUDING ANNUAL FUND DRIVES, SPECIAL DONOR EVENTS, MULTI-YEAR FUNDRAISING CAMPAIGNS, ENDOWMENT PROGRAMS, AND CHARITABLE PLANNED GIVING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KUAKINI FOUNDATION IS RESPONSIBLE FOR DEVELOPING A BROADER BASE OF COMMUNITY FINANCIAL SUPPORT THROUGH FUNDRAISING ACTIVITIES INCLUDING ANNUAL FUND DRIVES, SPECIAL DONOR EVENTS, MULTI-YEAR FUNDRAISING CAMPAIGNS, ENDOWMENT PROGRAMS, AND CHARITABLE PLANNED GIVING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Shimamoto Chairperson | OfficerTrustee | 0.25 | $0 |
Leslie Hidaka Secretary/treasurer | OfficerTrustee | 0.15 | $0 |
Gary Kajiwara President & CEO | OfficerTrustee | 4 | $0 |
Karen Kuraoka Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $36,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,296,546 |
| Noncash contributions included in lines 1a–1f | $100,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,332,546 |
| Total Program Service Revenue | $0 |
| Investment income | $46,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $464,411 |
| Net Gain/Loss on Asset Sales | $3,052,216 |
| Net Income from Fundraising Events | $1,091 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,896,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,047,966 |
| 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 | $203,116 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,613 |
| Payroll taxes | $14,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,199 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,094 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,565 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $303,308 |
| Insurance | $1,294 |
| All other expenses | $0 |
| Total functional expenses | $11,815,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,018,761 |
| Pledges and grants receivable | $81,796 |
| Accounts receivable, net | $0 |
| 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 | $4,290 |
| Net Land, buildings, and equipment | $1,462,507 |
| Investments—publicly traded securities | $9,155,584 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $446,912 |
| Total assets | $15,169,850 |
| Accounts payable and accrued expenses | $76,681 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $9,149,154 |
| Total liabilities | $9,225,835 |
| Net assets without donor restrictions | $4,014,525 |
| Net assets with donor restrictions | $1,929,490 |
| 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 | $15,169,850 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kuakini Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Marshall And Yuko Hung Foundation Honolulu, HI PURPOSE: CHARITABLE | $10,000 |
Marshall And Yuko Hung Foundation Honolulu, HI PURPOSE: CHARITABLE | $10,000 |
Harry Chow & Nee Chang Chock Wong Foundation Honolulu, HI PURPOSE: GENERAL PURPOSE | $5,000 |
Endowment Analysis
| Beg. Balance | $196,904 |
| Ending Balance | $196,904 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoag Hospital Foundation Newport Beach, CA | $584,715,727 | $185,764,932 |
California Pacific Medical Center Foundation Sacramento, CA | $485,240,778 | $61,000,436 |
Childrens Health Council Inc Palo Alto, CA | $96,571,005 | $43,949,984 |
Providence Health & Services Foundation Burbank, CA | $162,436,419 | $70,514,754 |
Santa Barbara Cottage Hospital Foundation Santa Barbara, CA | $242,184,554 | $25,746,926 |
Collis P & Howard Huntington Memorial Hospital Trust Pasadena, CA | $514,343,312 | $111,327,591 |
Childrens Hospital & Research Center Foundation Oakland, CA | $371,253,333 | $25,107,510 |
Helix Electric Health And Welfare Insurance Trust San Diego, CA | $2,039,604 | $20,413,301 |
Providers Insurance Corporation Honolulu, HI | $85,184,970 | $19,689,138 |
Southern Calif Glaziers H&w Tr Fund Covina, CA | $29,114,155 | $20,946,347 |
Abc California Health Trust San Diego, CA | $8,208,446 | $18,293,053 |
Montage Health Foundation Monterey, CA | $246,774,163 | $32,937,422 |