The Hawaii Pacific Foundation Inc

EIN: 272497099 501(c)(3) Science & Technology

Honolulu, HI

Total Revenue
$173,736,286
Total Expenses
$73,667,765
Total Assets
$192,684,702
Net Assets
$159,158,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
HI
Principal Officer
Edwin Vincent
Tax Period
2023-01-01 to 2023-12-31

The Hawaii Pacific Foundation Inc, founded in 2010, is a major nonprofit in the Science & Technology sector that reported $173.7M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $100.1M, a strong 58% operating margin.

Mission

TO EMPOWER HAWAIIAN COMMUNITIES BY SUPPORTING PROGRAMS THAT IMPROVE ACCESS TO OPPORTUNITIES FOR SUCCESS TO THE SOCIO-ECONOMICALLY DISADVANTAGED.

Program Service Accomplishments

Program 1
Expenses: $2,224,500

THE HAWAII PACIFIC FOUNDATION, INC (HPF) IS A NATIVE HAWAIIAN ORGANIZATION (NHO) FOUNDED IN MAY 2010. NHOS ARE NONPROFIT COMMUNITY SERVICE ENTITIES WHICH SUPPORT THE NATIVE HAWAIIAN COMMNITY AS...

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THE HAWAII PACIFIC FOUNDATION, INC (HPF) IS A NATIVE HAWAIIAN ORGANIZATION (NHO) FOUNDED IN MAY 2010. NHOS ARE NONPROFIT COMMUNITY SERVICE ENTITIES WHICH SUPPORT THE NATIVE HAWAIIAN COMMNITY AS DEFINED BY THE SMALL BUSINESS ADMINISTRATION (SBA). DEEPLY ROOTED IN FEDERAL LAW, AN NHOS PURPOSE IT TO PROVIDE SUPPORT FOR THE NATIVE HAWAIIAN COMMUNITY THROUGH ITS MAJORITY OWNERSHIP AND OPERATION OF ONE OR MORE SMALL BUSINESS 8(A) FOR-PROFIT FIRMS. THE NHOS ABILITY TO ACHIEVE ITS CONGRESSIONAL MANDATE IS, THEREFORE, DIRECTLY IMPACTEDD BY THE SUCCESS OF ITS SMALL BUSINESS 8(A) ENTITIES. UNIVERSITY OF HAWAII WEST OAHUIN RESPONSE TO THE SEVERE TEACHER SHORTAGE AND TURNOVER IN DISADVANTAGED SCHOOL DISTRICTS HAS IMPACTED EDUCATION AT ALL LEVELS, THE HOOPULIKO KUMA HOU TEACHER PATHWAY PROGRAM AIMS TO EMPOWER AND STRENGTHEN THE NUMBER OF TEACHERS WHO ARE ROOTED IN THEIR COMMUNITIES AND COMMITTED TO THE STUDENTS IN THE COMMUNITY. HPFS CONTRIBUTION TO THE EDUCATIONAL PATHWAY PROGRAM PROVIDE THE FUNDING TO EDUCATE AND TRAIN STUDENTS FROM WITHIN THESE COMMUNITIES. THE GOAL IS TO RETURN GRADUATES, AS TEACHERS, TO THEIR COMMUNITIES WHERE THEY CAN RELATE TO SPECIFIC EDUCATIONAL NEEDS AND UNDERSTAND CULTURAL DIFFERENCES RESULTING IN HIGHER SUCCESS RATES FOR BOTH TEACHERS AND STUDENTS. SINCE 2020, HPFS GRANTS SUPPORTED TEACHER TRAINING THROUGH PROGRAM ACTIVITIES, STUDENT MENTORING, SUPPORT SERVICES, AND WORK-BASED LEARNING COMPONENTS. HAWAIIAN-PACIFIC STUDIES HUB PASIFIKA IS A NEW PROGRAM STRUCTURED ON THE BELIEF THAT A SINGLE OCEAN CONNECTS THE ISLAND PEOPLES OF HAWAII AND THE PACIFIC. EACH PACIFIC SOCIETY IS UNIQUE IN ITS HISTORIES, LANGUAGES, CULTURES, LITERATURE, ARTS, SOCIAL STRUCTURES, ARCHITECTURE, AND CONTEMPORARY ISSUES. THROUGH THE STUDY OF HAWAIIAN-PACIFIC PEOPLES AND CULTURES BASED ON ANCESTRAL KNOWLEDGE, INNOVATION, AND EMPHASIZING SOLUTION-ORIENTED OUTCOMES, GRADUATES DEVELOP THE CRITICAL THINKING AND CULTURAL AWARENESS SKILLS TO PLACE THEM INTO SUSTAINABLE CAREERS.SINCE 2020, HPFS GRANTS WERE USED TO ESTABLISH A SCHOLARSHIP ENDOWMENT AND EXPAND PROGRAM DEVELOPMENT. IN ADDITION, HPF CONTRIBUTED TO THE UNIVERSITYS EMERGENCY RELIEF FUND IN RESPONSE TO DISRUPTIONS FROM THE COVID-19 PANDEMIC. CLASSES SHIFTED FROM IN-PERSON ATTENDANCE TO ONLINE AND DISTANCE LEARNING, REQUIRING STUDENTS TO RELY ON COMPUTERS WITH INTERNET ACCESS TO CONTINUE THEIR STUDIES. HPFS CONTRIBUTION PROVIDED DISADVANTAGED STUDENTS WITH COMPUTERS TO ALLOW THEM TO CONTINUE THEIR STUDIES UNINTERRUPTED DURING THE PANDEMIC. UNIVERSITY OF HAWAII MANOATHE VISION OF THE THOMPSON SCHOOL OF SOCIAL WORK AND PUBLIC HEALTH IS TO ACHIEVE SOCIAL JUSTICE AND HEALTH EQUITY FOR THE PEOPLE OF HAWAII AND CITIZENS IN A CHANGING WORLD. THEIR UNIQUE FOCUS IS ON RESOLVING PROBLEMS AND BUILDING RESILIENCY IN A CULTURALLY DIVERSE WORLD, WITH SPECIFIC ATTENTION TO NATIVE HAWAIIANS AND INDIGENOUS WISDOM AND PERSPECTIVES. THEY ARE DEDICATED TO PROVIDING AN ACADEMIC EXPERIENCE IN SOCIAL WORK, PUBLIC HEALTH AND GERONTOLOGY. PEOPLE WHO BENEFIT FROM THEIR WORK ARE FAMILY AND NEIGHBORS WHO EXPERIENCE DEVASTATING PROBLEMS OF POVERTY, HOMELESSNESS, DOMESTIC VIOLENCE; DEBILITATING ILLNESSES SUCH AS CANCER, HEART DISEASE, AND DEMENTIA; AND TRAUMATIC NATURAL DISASTERS. THE SCHOOL DISTINGUISHES ITSELF AS THE ONLY HIGHER EDUCATION UNIT IN THE PACIFIC BASIN REGION WITH THREE PROGRAMS ARTICULATING UNDERGRADUATE (BSW) AND GRADUATE EDUCATION (MSW, PH.D.). HPFS 2020 GRANTS SUPPORTED SCHOLARSHIPS, OFF-SITE AND COMMUNITY LEARNING OPPORTUNITIES, STUDENT RECOGNITION EVENTS, AND A SCHOLARSHIP ENDOWMENT FUND.IN ADDITION, HPF CONTRIBUTED TO THE SCHOOL OF SOCIAL WORK STUDENT AID FUND IN RESPONSE TO DISRUPTIONS FROM THE COVID-19 PANDEMIC AND SHIFTS TO ONLINE AND DISTANCE LEARNING.HAWAII NATIONAL GUARDS YOUTH CHALLENGE ACADEMY TRAINS AND MENTORS 16-18 YEAR OLD HIGH SCHOOL DROP-OUTS TO BECOME PRODUCTIVE CITIZENS. THESE TARGETED YOUTH HAVE THE GREATEST RISK FOR SUBSTANCE ABUSE, TEEN PREGNANCY, DELINQUENCY, AND CRIMINAL BEHAVIOR.HPFS 2020 GRANTS SUPPORTED SCHOLARSHIPS AND A BRIDGE PROGRAM FOR VOCATIONAL TRAINING. DEPARTMENT OF DEFENSE (DOD) STARBASE HAWAII IS PART OF A NATIONALLY RECOGNIZED ELEMENTARY SCHOOL STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) PROGRAM SPONSORED BY THE DOD. THE PROGRAM TARGETS 5TH GRADE ELEMENTARY STUDENTS WHO ARE SOCIO-ECONOMICALLY DISADVANTAGED AND POOR ACADEMIC PERFORMERS OR DISABLED. THE 5TH GRADE IS A PIVOTAL LEVEL IN A STUDENTS LEARNING TRAJECTORY. THE PROGRAM EXPOSES YOUTH TO STEM FIELDS THROUGH LECTURES AND HANDS-ON EXPERIMENT-BASED LEARNING ACTIVITIES. IN RECENT YEARS, STARBASE HAWAII HAS EXPANDED AND SPONSORS A VEX ROBOTICS PROGRAM FOR STUDENTS IN GRADES 5-12. BEYOND SCIENCE, THE VEX PROGRAM ENCOURAGES CREATIVITY, TEAMWORK, LEADERSHIP, AND PROBLEM SOLVING AMONG GROUPS. HFPS2020 GRANTS SUPPORTED THE ELEMENTARY STEM PROGRAM AND ROBOTICS TOURNAMENTS. HALAU NOHONA HAWAII IS A CULTURAL SCHOOL LOCATED IN SILVER SPRINGS, MARYLAND. THEIR MISSION IS TO PERPETUATE HAWAIIAN CULTURAL PRACTICES, KNOWLEDGE, AND TRADITIONS AND TO LIVE A LIFE OF HAWAIIAN VALUES TO BUILD A STRONGER HAWAII COMMUNITY IN THE NATIONS CAPITOL REGION.HPFS 2020 GRANTS SUPPORTED TUITION ASSISTANCE AND CULTURAL EVENTS AT THE SCHOOL. NA PUALEI O LIKOLEHUA PREPARES WOMEN, MEN, YOUNG ADULTS, AND CHILDREN TO BECOME PRACTITIONERS AND STEWARDS OF HAWAIIAN CULTURE, PRESERVE AND CARRY ON THE TRADITIONS SURROUNDING HULA AS A LIVING ART AND DANCE FORM, BE LEADERS IN THEIR COMMUNITIES, AND BECOME TEACHERS OF HULA. WITH ALL THE KNOWLEDGE AND TALENT WITHIN THE HALAU (SCHOOL), NO ONE COULD DEVELOP, DESIGN, AND MAINTAIN A WEBSITE TO MEET THEIR NEEDS. THEY NEEDED A MODERN VENUE AND RESOURCEFUL WAY TO PROMOTE THEIR EVENTS, ACTIVITIES, AND EDUCATIONAL WORKS TO ASSIST IN TEACHING AND SHARING CULTURAL KNOWLEDGE ACROSS GENERATIONS, FAMILIES, VISITORS, AND THE COMMUNITIES THEY SERVE.HPFS 2020 GRANTS SUPPORTED THE DESIGN AND IMPLEMENTATION OF A WEBSITE, AS WELL AS ARCHIVAL RESEARCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $173,736,286
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $173,736,286

Expense Breakdown

Grants Paid $2,224,500
Salaries & Benefits $58,754,372
Fundraising Expenses $0
Program Expenses $2,224,500
Other Expenses $12,688,893
TOTAL EXPENSES $73,667,765

Year-over-Year Comparison

2023 2022 Change
Revenue $173,736,286 $187,924,560 -0.1%
Expenses $73,667,765 $176,848,547 -0.6%
Net Income $100,068,521 $11,076,013 +8.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
1
Employees
405
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$11,326,823
Total Directors
6
$11,326,823
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edwin Vincent Chairman 5.00
Officer Director
$0 $0 $6,377,921
Thomas Ongies Secretary 1.00
Officer Director
$0 $0 $2,955,985
Jory Scoville Treasurer 20.00
Officer Director
$0 $0 $1,920,000
Jeanine Defries Secretary 1.00
Officer Director
$0 $0 $72,917
Walter Kaneaukua Trustee 1.00
Director
$0 $0 $0
Christopher Kachouroff Vice President 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $173,736,286 $73,667,765 $192,684,702 $100,068,521
2022 $187,924,560 $176,848,547 $67,686,479 $11,076,013
2021 $133,621,478 $125,016,085 $23,800,262 $8,605,393
2020 $101,143,177 $86,703,520 $33,765,441 $14,439,657
2018 $1,257,593 $335,009 $1,230,716 $922,584
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