2025-05-15T11:21:42-05:00 2024-06-30 PwC US Tax LLP 655 NEW YORK AVE STE 1100 WASHINGTON DC 20001 990 2023-07-01 943263044 KE ALI'I PAUAHI FOUNDATION % LOUIS K ANDERSON KEAL 8085343966 567 S KING STREET SUITE 160 HONOLULU HI 96813 TEDMUND PONO MA'A EXECUTIVE DIR/VP 8085343966 2025-05-08 true TRAVIS L PATTON P00369623 2024141000 2025-04-30 2023 2025-03-06 01:10:19Z PAUAHI FOUNDATION TEDMUND PONO MA'A 567 S KING STREET SUITE 160 HONOLULU HI 96813 6432088 false X WWW.PAUAHI.ORG X 1995 HI SEE PART III, LINE 1 6 4 0 755 0 0 2069698 2414040 0 0 667002 1488967 12736 -13703 2749436 3889304 1353881 2246113 0 0 0 0 0 0 67759 -382151 111835 971730 2357948 1777706 1531356 41201477 47139668 98296 399052 41103181 46740616 THE MISSION OF PAUAHI FOUNDATION IS TO SUPPORT THE MISSION OF KAMEHAMEHA SCHOOLS BY SEEKING AND DEVELOPING NEW AND DIVERSE SOURCES OF INCOME TO SUPPORT THE EVER-INCREASING EDUCATIONAL NEEDS AND GOALS OF PEOPLE OF HAWAIIAN ANCESTRY. false false 2246113 2246113 0 PAUAHI FOUNDATION RAISED $2,414,040 DURING THE FISCAL YEAR ENDED JUNE 30, 2024 AND DISBURSED 369 GRANTS AND SCHOLARSHIPS TOTALING $2,246,113. 2246113 true true false false false true false false false true false false false false true true true true false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true X 0 0 0 false false false false false true true false false false false false false X 6 4 true false false false false false false true false false false true true true true true true false false false HI X LOUIS K ANDERSON 8085343966 567 S KING STREET SUITE 160 HONOLULU HI 96813 X L JACK WONG DIRECTOR 1.0 50.0 X 0 1349584 157033 LOUIS K ANDERSON SECRETARY/TREASURER 1.0 51.0 X 0 256037 48623 TEDMUND PONO MA'A EXECUTIVE DIRECTOR/VP 2.0 48.0 X 0 174341 42610 ELLIOT MILLS DIRECTOR 1.0 11.0 X 0 199859 0 ROBERT NOBRIGA DIRECTOR 1.0 11.0 X 0 196138 0 CRYSTAL ROSE DIRECTOR 1.0 11.0 X 0 177414 0 JENNIFER GOODYEAR-KA'OPUA DIRECTOR 1.0 11.0 X 0 177414 0 MICHELLE KA'UHANE DIRECTOR 1.0 11.0 X 0 91865 0 LANCE WILHELM FORMER DIRECTOR 0.0 0.0 X 0 78049 0 0 2700701 248266 0 true true false 0 145830 395260 1872950 183981 2414040 0 1067691 1067691 0 0 0 0 0 2747840 2326564 421276 421276 421276 202517 145830 216220 -13703 -13703 0 0 0 0 0 0 0 3889304 1475264 1277449 1277449 968664 968664 0 0 0 0 0 0 0 0 0 0 0 0 0 20781 20781 0 0 23295 23295 0 0 0 0 0 0 0 0 0 0 OTHER BUSINESS EXPENSES 67759 67759 2357948 2246113 44076 67759 1036067 1267101 0 6502 21333 35790 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39850952 45532378 0 0 0 0 0 0 293125 297897 41201477 47139668 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 98296 399052 98296 399052 X 6232807 7180206 34870374 39560410 41103181 46740616 41201477 47139668 X 1531356 4100579 5500 X false true X true false X X 1 KAMEHAMEHA SCHOOLS 990073480 2 true 2246113 0 1 2246113 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74 332196 321492 14548204 true true 33734403 953897 4505925 775478 38418747 30211321 553320 3184637 214875 33734403 33710689 850496 -4016657 333207 30211321 23210910 5649296 5408822 558339 33710689 22350117 2038767 -709601 468373 23210910 0.03000 0.97000 false false 0 DUE TO KAMEHAMEHA SCHOOLS 399052 399052 X 8590822 4100579 400000 5500 4506079 4084743 20781 -216220 -195439 3889304 2953387 400000 216220 616220 2337167 20781 20781 2357948 PART V, LINES 2A AND 2B ENDOWMENT PRESENTATION AND PERCENTAGES: THE PERCENTAGE SHOWN AS BOARD DESIGNATED OR QUASI-ENDOWMENT REPRESENTS ENDOWMENT NET ASSETS WITHOUT DONOR RESTRICTIONS. THE PERCENTAGE SHOWN AS PERMANENT ENDOWMENT REPRESENTS ENDOWMENT NET ASSETS WITH DONOR RESTRICTIONS INCLUDING THOSE WITH TEMPORARY RESTRICTIONS. THIS IS CONSISTENT WITH THE PRESENTATION OF NET ASSETS ON THE AUDITED FINANCIAL STATEMENTS. PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS: PAUAHI FOUNDATION USES ITS ENDOWMENT FUNDS FOR PURPOSES OF AWARDING SCHOLARSHIPS AND FINANCIAL AID. PART X, LINE 2 FOOTNOTE REGARDING UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740): THE FOUNDATION EVALUATES UNCERTAIN TAX POSITIONS UTILIZING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECONGITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AT JUNE 30, 2024 AND 2023, MANAGEMENT BELIEVES THERE WERE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. AT JUNE 30, 2024 AND 2023, THERE WERE NO SIGNIFICANT PENDING FEDERAL OR STATE INCOME TAX AUDITS. THE FEDERAL STATUTE OF LIMITATIONS REMAINS OPEN FOR THE FOUNDATION FOR THE YEARS ENDED JUNE 30, 2021 THROUGH 2024. PART XI, LINE 2D OTHER AMOUNT INCLUDED ON LINE 1 BUT NOT ON RETURN: CHANGE IN BENEFICIAL INTEREST IN CRT 5,500 PART XI, LINE 4B OTHER AMOUNT INCLUDED ON RETURN BUT NOT ON BOOKS: FUNDRAISING EXPENSES INCLUDED WITH REVENUE IN PART VIII (216,220) PART XII, LINE 2D OTHER EXPENSES INCLUDED ON BOOKS BUT NOT RETURN: FUNDRAISING EXPENSES INCLUDED WITH REVENUE IN PART VIII 216,220 ALUMNI REUNION 134184 0 134184 0 0 20889 87682 17883 9905 NANEA GOLF 109795 82595 27200 0 0 0 18030 0 7276 4 104368 63235 41133 0 0 32031 12000 2261 8263 348347 145830 202517 0 0 52920 117712 20144 25444 216220 -13703 true KAMEHAMEHA SCHOOLS 567 S KING ST STE 200 HONOLULU HI 96813 990073480 501(C)(3) 1277449 N/A N/A EDUCATIONAL SUPPORT 1 SCHOLARSHIPS - POST HIGH SCHOOL 342 893919 SCHOLARSHIPS - GRADES K-12 3 2200 INDIRECT SUPPORT - TEACHERS 24 75507 FORM 990, SCHEDULE I, PART I, LINE 2 PAUAHI FOUNDATION GRANTS TO ORGANIZATIONS: DONATIONS TO KAMEHAMEHA SCHOOLS (KS) PROGRAMS ARE PROCESSED THROUGH PAUAHI FOUNDATION. PAUAHI FOUNDATION TRANSFERS FUNDS TO KS. KS PROGRAMS REMIT THE MONEY FOR CHARTER SCHOOL SUPPORT, DIGITAL EQUITY FOR HAWAIIAN SCHOOLS AND COMMUNITIES, AND STEM EDUCATOR SUPPORT. PAUAHI FOUNDATION GRANTS TO INDIVIDUALS: THE PAUAHI FOUNDATION ENSURES THAT ITS SCHOLARSHIPS TO STUDENTS ATTENDING POST-HIGH U.S. EDUCATIONAL INSTITUTIONS ARE USED PROPERLY BY ISSUING AWARD CHECKS WITH THE NAME OF THE INSTITUTION AS THE PAYEE. ENCLOSED WITH THE CHECKS ARE THE NAME(S) OF THE STUDENT(S) FOR WHOM THE CHECK SHOULD BE CREDITED FOR, THEIR DATE OF BIRTH, CHECK NUMBER, AND AMOUNT. IN ADDITION, THE PAUAHI FOUNDATION SENDS THE AWARD CHECK TO THE EDUCATIONAL INSTITUTION TO AVOID ANY MISUSE. HOWEVER, THERE IS ONE SCHOLARSHIP FUND IN WHICH THE AWARDS ARE MADE DIRECTLY TO THE STUDENTS, IN WHICH CASE THE PAUAHI FOUNDATION ADVISES THE RECIPIENTS IN A WRITTEN LETTER THAT THE FUNDS ARE TO BE USED FOR THEIR EDUCATIONAL EXPENSES. WITH RESPECT TO SCHOLARSHIPS TO STUDENTS IN GRADES KINDERGARTEN TO 12, AWARDS ARE MADE DIRECTLY TO THE INSTITUTIONS IN THE NAME OF THE STUDENTS AND CAN BE APPLIED ONLY TO THE STUDENTS' ACCOUNTS AT THE INSTITUTION. INDIRECT SUPPORT TO KAMEHAMEHA SCHOOLS' TEACHERS IS FOR THE SOLE PURPOSE OF SUPPORTING PROFESSIONAL DEVELOPMENT ACTIVITIES. INTERESTED KAMEHAMEHA SCHOOLS' TEACHERS, LIBRARIANS OR COUNSELORS MUST SUBMIT AN APPLICATION DETAILING HOW THE GRANT WILL BE USED. PAUAHI FOUNDATION MONITORS PROPER USAGE OF FUNDS BY REQUIRING SUBMISSION OF RECEIPTS AND RETURN OF ANY UNUSED FUNDS. ALTERNATIVELY, PAYMENT IS MADE DIRECTLY TO VENDORS IN CASES WHERE OUTSIDE VENDORS ARE ACQUIRED TO MAKE PRESENTATIONS TO KS GROUPS THROUGH THE CHARLES AND BEATRICE PARRENT FELLOWSHIP AND DISTINGUISHED SCHOLAR FUND. false true false false false false false false false L JACK WONG DIRECTOR 0 748895 0 576000 0 24689 0 129520 0 27513 0 1506617 0 0 LOUIS K ANDERSON SECRETARY/TREASURER 0 255449 0 0 0 588 0 26368 0 22255 0 304660 0 0 TEDMUND PONO MA'A EXECUTIVE DIRECTOR/VP 0 172712 0 0 0 1629 0 17931 0 24679 0 216951 0 0 ELLIOT MILLS DIRECTOR 0 199859 0 0 0 0 0 0 0 0 0 199859 0 0 ROBERT NOBRIGA DIRECTOR 0 196138 0 0 0 0 0 0 0 0 0 196138 0 0 CRYSTAL ROSE DIRECTOR 0 177414 0 0 0 0 0 0 0 0 0 177414 0 0 JENNIFER GOODYEAR-KA'OPUA DIRECTOR 0 177414 0 0 0 0 0 0 0 0 0 177414 0 0 LANCE WILHELM FORMER DIRECTOR 0 78049 0 0 0 0 0 0 0 0 0 78049 0 0 FORM 990, SCHEDULE J, PART I, LINE 3 THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF KAMEHAMEHA SCHOOLS (A RELATED ORGANIZATION) AND HIS COMPENSATION IS ADMINISTERED THROUGH KAMEHAMEHA SCHOOLS. KAMEHAMEHA SCHOOLS USES COMPENSATION STUDIES TO ESTABLISH THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, SCHEDULE J, PART I, LINE 4B L. "JACK" WONG RECEIVED A CONTRIBUTION OF $77,020 TO HIS SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FROM A RELATED ORGANIZATION, KAMEHAMEHA SCHOOLS, IN CALENDAR YEAR 2023. THIS AMOUNT IS INCLUDED IN COLUMN C OF SCHEDULE J, PART II. X 3 1949 BOOK VALUE X 108 BOOK VALUE X 4116 BOOK VALUE X 4 119263 FAIR MARKET VALUE X 6 1230 BOOK VALUE X GOLF PASSES 7 6008 BOOK VALUE X RESORT STAYS 16 30728 BOOK VALUE X TICKETS 3 1810 BOOK VALUE X GIFT CARDS 19 4595 BOOK VALUE X OTHER 21 14174 BOOK VALUE 0 false true false PART 1, COLUMN (B) AS PER SPECIFIED IN THE INSTRUCTIONS, THE NUMBER OF SECURITIES CONTRIBUTIONS IS BASED ON THE NUMBER OF SEPARATE GIFTS (RATHER THAN NUMBER OF SHARES RECEIVED). PART V, LINE 2A, PART VII AND PART IX, LINES 5 AND 7 KAMEHAMEHA SCHOOLS, THE TAX-EXEMPT PARENT OF PAUAHI FOUNDATION, EMPLOYS THE INDIVIDUALS PERFORMING THE FUNCTIONS OF PAUAHI FOUNDATION AND ISSUES THE FORMS W-2 TO THESE INDIVIDUALS. PART VI, LINE 2 BISHOP HOLDINGS CORPORATION: JENNIFER GOODYEAR KA'OPUA, ROBERT NOBRIGA, CRYSTAL ROSE, ELLIOT MILLS, MICHELLE KA'UHANE & LOUIS K. ANDERSON (BUSINESS RELATIONSHIP) - BISHOP HOLDINGS CORPORATION IS A SUBSIDIARY OF PARENT ORGANIZATION KAMEHAMEHA SCHOOLS. KAMEHAMEHA INVESTMENT CORPORATION: JENNIFER GOODYEAR KA'OPUA, ROBERT NOBRIGA, CRYSTAL ROSE, ELLIOT MILLS, MICHELLE KA'UHANE, & LOUIS K. ANDERSON (BUSINESS RELATIONSHIP) - KAMEHAMEHA INVESTMENT CORPORATION IS A 2ND TIER SUBSIDIARY OF KAMEHAMEHA SCHOOLS. PAUAHI MANAGEMENT CORPORATION: JENNIFER GOODYEAR KA'OPUA, ROBERT NOBRIGA, CRYSTAL ROSE, ELLIOT MILLS, MICHELLE KA'UHANE & LOUIS K. ANDERSON (BUSINESS RELATIONSHIP) - PAUAHI MANAGEMENT CORPORATION IS A 2ND TIER SUBSIDIARY OF KAMEHAMEHA SCHOOLS. PART VI, LINE 8B PAUAHI FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. PART VI, LINE 11B THE 5-STEP PROCESS PRIOR TO THE RETURN BEING FILED CONSISTS OF THE FOLLOWING: (1) THE RETURN IS DRAFTED BY THE THIRD PARTY TAX RETURN PREPARER AND THEN REVIEWED BY STAFF FROM THE KAMEHAMEHA SCHOOLS TAX DEPARTMENT AND CONTROLLERS DIVISION; (2) THE RETURN IS REVIEWED BY THE VICE PRESIDENT OF LEGAL, THE VICE PRESIDENT OF FINANCE AND CHIEF FINANCIAL OFFICER, AND THE COMMUNICATIONS DIVISION AT KAMEHAMEHA SCHOOLS; (3) THE RETURN IS PROVIDED TO THE EXECUTIVE DIRECTOR AT PAUAHI FOUNDATION FOR REVIEW; (4) A MEETING IS ARRANGED WITH THE EXECUTIVE DIRECTOR, REPRESENTATIVES FROM THE KAMEHAMEHA SCHOOLS TAX DEPARTMENT, AND THE THIRD PARTY TAX RETURN PREPARER TO REVIEW THE RETURN IN MORE DETAIL WITH THE EXECUTIVE DIRECTOR; (5) THE TAX DEPARTMENT, THE TAX RETURN PREPARER AND THE EXECUTIVE DIRECTOR REVIEW THE RETURN IN DETAIL WITH THE BOARD OF DIRECTORS. PART VI, LINE 12C COMPLIANCE IS ACCOMPLISHED AS FOLLOWS: ALL ACTION REQUIRING THE EXECUTIVE DIRECTOR'S OR BOARD'S APPROVAL MUST BE SUBMITTED VIA AN INTERNAL FORM REQUEST FOR ACTION ('RFA'), THAT INCLUDES A SECTION ON CONFLICT OF INTEREST REVIEW, WHICH IS TO BE CONDUCTED AND SIGNED BY THE LEGAL DEPARTMENT. EACH YEAR, THE LEGAL GROUP SENDS A REQUEST TO THE BOARD MEMBERS AND OFFICERS TO COMPLETE AN ANNUAL DISCLOSURE FORM IN WHICH THEY DISCLOSE THEIR FAMILY MEMBERS AND ORGANIZATIONS IN WHICH THEY ARE SHAREHOLDERS (OTHER THAN PUBLICLY TRADED COMPANIES) OR WHERE THEY SERVE AS AN OFFICER OR DIRECTOR. INDIVIDUALS ARE REQUIRED TO REPORT ANY CHANGES TO THEIR ANNUAL DISCLOSURE DURING THE YEAR TO LEGAL. THE LEGAL GROUP THEN MAINTAINS A DATABASE OF THE DISCLOSURES AND IS RESPONSIBLE FOR CONDUCTING A CONFLICT CHECK TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ACTUAL OR APPEARANCES OF CONFLICTS OF INTEREST ARE DETERMINED BY THE BOARD MEMBERS OR THE EXECUTIVE DIRECTOR DEPENDING ON THE LEVEL AT WHICH THE CONFLICT OCCURS. A CONFLICTED BOARD MEMBER OR OFFICER MUST RECUSE HIM OR HERSELF FROM PARTICIPATION IN THE MATTER. TERMS OF CONFLICTED TRANSACTIONS ARE COMPLETELY AND OBJECTIVELY REVIEWED FOR FAIRNESS AND REASONABLENESS BY NON-CONFLICTED MEMBERS. PART VI, LINE 15A & 15B KAMEHAMEHA SCHOOLS (A RELATED ORGANIZATION) ADMINISTERS COMPENSATION FOR ALL PAUAHI FOUNDATION KEY EMPLOYEES AND OFFICERS, INCLUDING THE EXECUTIVE DIRECTOR. PART VI, LINE 19 PAUAHI FOUNDATION'S GOVERNING DOCUMENT, THE ARTICLES OF INCORPORATION, IS PUBLICLY AVAILABLE AT THE STATE GOVERNMENT. THE BYLAWS ARE AVAILABLE UPON REQUEST. PAUAHI FOUNDATION'S FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL ACCOUNTS OF THE TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS, WHICH ARE SUBMITTED ANNUALLY TO THE PROBATE COURT IN HONOLULU, HAWAII. IT IS PUBLICLY AVAILABLE AND CAN ALSO BE PROVIDED UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: CHANGE IN BENEFICIAL INTEREST IN CRT 5,500 KAMEHAMEHA SCHOOLS 567 S KING ST STE 200 HONOLULU HI 96813 990073480 EDUCATION HI 501(c)(3) 2 NA false CHARLES REED BISHOP TRUST PO BOX 3466 HONOLULU HI 96801 996005262 SUPPORT ORG. HI 501(C)(3) 12 D III-O KS false SINO FINANCE GROUP PO BOX 3466 HONOLULU HI 96801 990324938 INTL BUS IN C DE NA KAYNE KS CRDT FD LP 1800 AVE OF THE STARS LA CA 90067 352507517 INVESTMENTS DE NA CRESCENTKS PTNRSHP 11100 SANTA MONICA BLVD STE 2000 LOS ANGELES CA 90025 464668874 INVESTMENTS DE NA KURAMO AFRC OPP FD 500 5TH AVE NY NY 10110 452495612 INVESTMENTS DE NA ORION MINE FIN I-A 1211 AVENUE OF THE AMERICAS STE 30 NEW YORK NY 10036 465243062 INVESTMENTS DE NA KSBCS FUND LP 1209 ORANGE ST C/O TRUST CO WILMINGTON DE 19801 882425768 INVESTMENTS DE NA CSKS OPPS FUND LP 575 LEXINGTON AVE NEW YORK NY 10022 824067070 INVESTMENTS DE NA KSOH FUND LLC 2003 WESTERN AVE SUITE 340 SEATTLE WA 98121 834182235 INVESTMENTS DE NA MANULELE HOLDINGS PO BOX 227 KUNIA HI 96759 453768132 INVESTMENTS HI NA BISHOP HOLDINGS CORPORATION 567 S KING ST 150 HONOLULU HI 96813 990335777 HOLDING COMPA HI NA C CORP PAUAHI MANAGEMENT CORPORATION 567 S KING ST 150 HONOLULU HI 96813 990335778 PROPERTY MGMT HI NA C CORP KAMEHAMEHA INVESTMENT CORPORATION 567 S KING ST 150 HONOLULU HI 96813 990115292 RE DEV/INVEST HI NA C CORP KBH INC 567 S KING ST 150 HONOLULU HI 96813 990334862 RE ASSET MGMT HI NA C CORP KEAUHOU COMMUNITY SERVICES INC 567 S KING ST 150 HONOLULU HI 96813 990291186 WASTEWATER TR HI NA C CORP KAUPULEHU FOUNDATION 567 S KING ST 200 HONOLULU HI 96813 462780038 LAND MANAGEME HI NA C CORP KAIAULU'O KAKA'AKO OWNERS ASSOC INC PO BOX 3466 HONOLULU HI 96801 472928115 OWNER ASSOCIA HI NA C CORP KS ALCENTRA EUROPE SARL 51 AVENUE JOHN F KENNEDY LUXEMBOURG LU LU-1855 INVESTMENTS LU NA C CORP KAMVUS FUND BLK 6 INT FIN SVCS CTR DUBLIN EI 1 INVESTMENTS EI NA C CORP false true true false false false false false false false false false true true true false false false false