Kapi'olani Health Foundation

EIN: 990246364 501(c)(3) Health Care

HONOLULU, HI

Total Revenue
$20,623,385
Total Expenses
$4,833,319
Total Assets
$165,341,129
Net Assets
$163,855,943
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
HI
Phone
8085357100
Tax Period
2024-07-01 to 2025-06-30

Kapi'olani Health Foundation, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $20.6M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15.8M, a strong 77% operating margin.

Mission

THE MISSION OF KAPI'OLANI HEALTH FOUNDATION IS TO CREATE A HEALTHIER HAWAI'I.

Program Service Accomplishments

Program 1
Expenses: $3,342,875 Revenue: $0

THE MISSION OF KAPI'OLANI HEALTH FOUNDATION (THE FOUNDATION) IS TO CREATE A HEALTHIER HAWAI'I THROUGH SUPPORT OF KAPI'OLANI MEDICAL CENTER FOR WOMEN & CHILDREN (KAPI'OLANI). KAPI'OLANI IS A...

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THE MISSION OF KAPI'OLANI HEALTH FOUNDATION (THE FOUNDATION) IS TO CREATE A HEALTHIER HAWAI'I THROUGH SUPPORT OF KAPI'OLANI MEDICAL CENTER FOR WOMEN & CHILDREN (KAPI'OLANI). KAPI'OLANI IS A NOT-FOR-PROFIT MEDICAL CENTER LOCATED IN HONOLULU THAT IS DEDICATED TO THE HEALTH AND WELL-BEING OF ALL HAWAI'I RESIDENTS ALONG WITH WOMEN AND CHILDREN IN NEED OF SPECIALTY CARE ACROSS THE PACIFIC REGION. KAPI'OLANI IS HAWAI'I'S ONLY FULL-SERVICE MATERNITY, NEWBORN AND PEDIATRIC SPECIALTY HOSPITAL. KAPI'OLANI IS PART OF HAWAI'I PACIFIC HEALTH, ONE OF THE STATE'S LARGEST HEALTH CARE SYSTEMS. AS A NOT-FOR-PROFIT MEDICAL CENTER, KAPI'OLANI RELIES ON PHILANTHROPIC SUPPORT FROM THE COMMUNITY TO FULFILL ITS MISSION AND CARE FOR ITS PATIENTS, REGARDLESS OF THEIR ABILITY TO PAY. CONTRIBUTIONS, BOTH UNRESTRICTED AND DESIGNATED, HELP THE MEDICAL CENTER PROVIDE EXCEPTIONAL MEDICAL CARE IN HAWAI'I. GENEROUS DONATIONS ASSIST, BUT ARE NOT LIMITED TO, THESE AREAS: PATIENT AND SPECIALITY CARE, CAPITAL IMPROVEMENTS, EDUCATION AND RESEARCH, COMMUNITY HEALTH AND UNCOMPENSATED CARE. SERVICES INCLUDE: PATIENT AND SPECIALITY CARE CANCER AND INFUSION CENTER FOR WOMEN & CHILDREN KAPI'OLANI IS PURSUING A FUNDRAISING CAMPAIGN TO BUILD A NEW CANCER CENTER FOR WOMEN AND CHILDREN. THE CENTER WILL BE LOCATED IN THE FORMER EMERGENCY DEPARTMENT SPACE AT THE HOSPITAL. THE NEW CENTER WILL BE MORE THAN 25,000 SQUARE FEET. WITH A LARGER DEDICATED SPACE KAPI'OLANI WILL BE ABLE TO EXPAND PATIENT CARE SERVICES BY OFFERING A CHEMO-INFUSION PHARMACY, SINGLE FLOOR ACCESS TO AN OUTPATIENT INFUSION CENTER, SEPARATE ENTRANCES AND WAITING SPACES FOR ADULTS AND CHILDREN, AN OUTDOOR HEALING GARDEN AND ACCESS TO CUTTING-EDGE TREATMENTS AND THERAPIES. THE PROPOSED CENTER AND SPECIALTY SERVICES WILL FURTHER ENHANCE ONCOLOGY CARE AT KAPI'OLANI FOR BOTH WOMEN AND CHILDREN ACROSS THE ENTIRE STATE AND PACIFIC REGION. COMMUNITY HEALTH AND UNCOMPENSATED CARE CHILD LIFE SERVICES KAPI'OLANI'S CHILD LIFE PROGRAM WAS ESTABLISHED TO HELP PEDIATRIC PATIENTS AND THEIR FAMILIES COPE WITH HOSPITALIZATION AND TREATMENT. DONATIONS SUPPORT THE FINANCIAL NEEDS OF THE CHILD LIFE PROGRAM INCLUDING THE SALARIES OF CHILD LIFE SPECIALISTS/THERAPISTS; THE BRAIN STATION PROGRAM THAT RELIES ON SUPPLIES FOR CLASSROOM ACTIVITIES; INTEGRATED SERVICES INCLUDING AROMATHERPY AND HEALING TOUCH AND ADDITIONAL RESOURCES FOR PATIENTS AND FAMILIES. PATIENT ASSISTANCE FUND: THE PURPOSE OF THE PATIENT ASSISTANCE FUND IS TO ASSIST MEDICAL CENTER PATIENTS AND/OR THEIR SUPPORT SYSTEM RECEIVING SERVICES, INCLUDING THE EMERGENCY DEPARTMENT AND OUTPATIENT SERVICES AT THIS FACILITY. THE MANAGEMENT AND DISBURSEMENT OF THE PATIENT ASSISTANCE FUND OR FAMILY FUND IS LEFT TO THE DISCRETION OF THIS FACILITY TO MEET SPECIFIC PATIENT CARE NEEDS. THE FUNDS MAY BE USED FOR PATIENTS AND/OR THEIR SUPPORT SYSTEM THAT HAVE FINANCIAL BARRIERS AND NEED CONTINUED MEDICAL OR PSYCHOSOCIAL SUPPORT OR TO FACILITATE DISCHARGE. NEARLY HALF OF KAPI'OLANI'S PATIENTS COME FROM UNINSURED OR UNDERINSURED FAMILIES. IN OUR COMMITMENT TO SERVE OUR COMMUNITY, NO PATIENT IS TURNED AWAY FROM RECEIVING CARE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,184,199
Program Service Revenue $0
Investment Income $4,674,118
Other Revenue $-234,932
TOTAL REVENUE $20,623,385

Expense Breakdown

Grants Paid $2,373,398
Salaries & Benefits $0
Fundraising Expenses $597,230
Program Expenses $3,342,875
Other Expenses $2,459,921
TOTAL EXPENSES $4,833,319

Year-over-Year Comparison

2024 2023 Change
Revenue $20,623,385 $12,824,633 +0.6%
Expenses $4,833,319 $14,341,073 -0.7%
Net Income $15,790,066 $-1,516,440 -11.4%
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
19
Independent Members
18
Employees
N/A
Volunteers
22

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
8
$4,340,608
Total Directors
23
$5,445,826
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Nicolai Board of Director, Vice Chair 0.2
Officer Director
$0 $0 $0
Karen T Polivka Board of Director, Chair 0.2
Officer Director
$0 $0 $0
Paul Marx Board of Director, Chair (part year) 0.2
Officer Director
$0 $0 $0
Amber Thibaut Board of Director (part year) 0.2
Director
$0 $0 $0
Charles Mitsui Board of Director 0.2
Director
$0 $0 $0
Chynna Stone Board of Director 0.2
Director
$0 $0 $0
Emalia Pietsch Hogan Board of Director 0.2
Director
$0 $0 $0
Howard Lee Board of Director 0.2
Director
$0 $0 $0
Katherine Bennett Board of Director 0.2
Director
$0 $0 $0
Kathy Carr Board of Director 0.2
Director
$0 $0 $0
Kelly Sueda Board of Director 0.2
Director
$0 $0 $0
Linda Woo Board of Director 0.2
Director
$0 $0 $0
Marilyn Katzman Board of Director 0.2
Director
$0 $0 $0
Matthew Emerson Board of Director 0.2
Director
$0 $0 $0
Michelle Bartell Board of Director (part year) 0.2
Director
$0 $0 $0
Nedra Manson Board of Director 0.2
Director
$0 $0 $0
Paige Pahlmeyer Board of Director 0.2
Director
$0 $0 $0
Raymond P Vara Jr Board of Director 0.2
Director
$0 $2,402,439 $5,445,826
Ruth Mills Board of Director 0.2
Director
$0 $0 $0
Shelley Cramer Board of Director 0.2
Director
$0 $0 $0
Shelley Wilson Board of Director (part year) 0.2
Director
$0 $0 $0
Sherry Niethammer Board of Director 0.2
Director
$0 $0 $0
Thomas Kosasa MD Board of Director 0.2
Director
$0 $0 $0
Carrie Ann Tsutsui Assistant Treasurer 0.3
Officer
$0 $88,491 $414,074
Charles R Ching Secretary 0.1
Officer
$0 $397,894 $1,220,638
David Okabe Treasurer 0.2
Officer
$0 $568,803 $1,874,387
Dawn Dunbar President 10.4
Officer
$0 $133,114 $592,692
Jessica Lewis Assistant Secretary 0.5
Officer
$0 $47,962 $238,817
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
2025 $20,623,385 $4,833,319 $165,341,129 $15,790,066
2024 $12,824,633 $14,341,073 $146,090,402 $-1,516,440
2023 $12,439,806 $5,095,890 $126,363,496 $7,343,916
2022 $12,070,299 $5,096,605 $111,752,402 $6,973,694
2021 $9,321,860 $4,282,683 $117,427,566 $5,039,177
2020 $6,755,490 $7,388,171 $92,196,378 $-632,681
2020 $6,755,490 $7,388,171 $92,196,378 $-632,681
2019 $8,245,711 $4,973,324 $90,409,866 $3,272,387
2018 $8,596,926 $5,039,318 $84,935,314 $3,557,608
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