2024-05-14T08:41:19-05:00 2023-06-30 135565207 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 990 2022-07-01 990085260 UNIVERSITY OF HAWAII FOUNDATION UNIV 8089568700 1810 UNIVERSITY AVENUE SUITE 300 HONOLULU HI 96822 KARA SHIBATA CONTROLLER/ASST TREASURER 8089568700 2024-05-13 1 KARA SHIBATA 999009999 0 CORI SADANAGA P01598167 8085402800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JOHN HAN 1810 UNIVERSITY AVENUE SUITE 300 HONOLULU HI 96822 405937262 0 X WWW.UHFOUNDATION.ORG X 1955 HI TO UNITE DONORS' PASSIONS WITH THE UNIVERSITY OF HAWAI'I'S (UH) ASPIRATIONS BY RAISING PHILANTHROPHIC SUPPORT AND MANAGING INVESTMENTS TO BENEFIT UH, THE PEOPLE OF HAWAII'S AND OUR FUTURE GENERATIONS. 18 18 184 18 -1072226 0 140729663 74286376 0 0 37664917 44091574 4290629 4703592 182685209 123081542 14485071 17234491 0 0 10288271 11235385 0 0 8719028 39528359 40014576 64301701 68484452 118383508 54597090 828996748 893522101 119175374 130456196 709821374 763065905 X TO UNITE DONORS' PASSIONS WITH THE UNIVERSITY OF HAWAI'I'S (UH) ASPIRATIONS BY RAISING PHILANTHROPIC SUPPORT AND MANAGING INVESTMENTS TO BENEFIT UH, THE PEOPLE OF HAWAI'I AND OUR FUTURE GENERATIONS. 0 0 15308036 14770797 0 STUDENT AID AND SERVICES - UHF RAISES AND DISTRIBUTES MONEY FOR STUDENT AID, SCHOLARSHIPS, FELLOWSHIPS, GRANTS AND AWARDS TO HELP STUDENTS FULFILL THEIR ACADEMIC POTENTIAL AND ENSURE OUR STATE HAS THE SKILLED PROFESSIONALS IT NEEDS TO FLOURISH.THESE INCLUDE MERIT-BASED SCHOLARSHIPS, NEED-BASED SCHOLARSHIPS, STUDY ABROAD OPPORTUNITIES AND PROGRAMS THAT HELP BUILD INTERNATIONAL BRIDGES AND CULTURAL VERSATILITY. FELLOWSHIPS HELP UH ATTRACT AND RETAIN OUTSTANDING STUDENTS WHOSE RESEARCH AND CONTRIBUTIONS TO OUR WORLD ARE KEY TO A VIBRANT FUTURE. 11643238 36240 0 RESEARCH - THE UNIVERSITY OF HAWAI'I FOUNDATION (UHF) HELPS ADVANCE WORLD-CLASS RESEARCH AND INNOVATION THROUGH STRATEGIC PHILANTHROPIC INVESTMENTS. PRIVATE SUPPORT PLAYS A CRITICAL ROLE IN ENABLING UH RESEARCHERS TO TACKLE OUR WORLD'S CHALLENGES AND IMPROVE OUR QUALITY OF LIFE. WITH ITS UNIQUE GEOGRAPHIC LOCATION IN THE MIDDLE OF THE PACIFIC OCEAN, THE RICH ETHNIC DIVERSITY AND ENVIRONMENTAL ATTRIBUTES, UH HAS BECOME A GLOBALLY RECOGNIZED LEADER FOR ITS PIONEERING RESEARCH IN FIELDS SUCH AS OCEANOGRAPHY, VOLCANOLOGY, ASTRONOMY, PACIFIC ISLANDS AND ASIAN AREA STUDIES, TROPICAL AGRICULTURE, CANCER AND GENETICS. UH?S HIGHLY RANKED ACTIVE RESEARCH PROGRAMS SERVE AS A MAGNET FOR LEADING RESEARCHERS, BUILDING UH CENTERS OF EXCELLENCE IN AREAS INCLUDING MICROBIOMES, ENDANGERED AND RARE PLANT CONSERVATION AND CLIMATE CHANGE. 8782681 1536973 0 SPECIAL PROGRAMS - DONOR DESIGNATED ACCOUNTS SUPPORT A RANGE OF ACADEMIC AND NON-ACADEMIC INITIATIVES/PROGRAMS. THESE INCLUDE VISITING DISTINGUISHED LECTURERS AND PROFESSORSHIPS, COMPUTER LAB SUPPORT, FACILITIES FUNDS, INTRAMURAL SPORTS, OUTREACH PROGRAMS THAT SUPPORT LIFELONG LEARNING AND COMMUNITY EDUCATION, HEALTH FAIRS, WORKSHOPS, BAND AND MENTORSHIP PROGRAMS. THROUGH FUNDRAISING AND ACCOUNT MANAGEMENT, UHF IS A PARTNER IN CAPITAL IMPROVEMENT PROJECTS TO BRING STATE-OF-THE-ART FACILITIES, TECHNOLOGY AND EQUIPMENT TO CAMPUSES STATEWIDE. QUALITY FACILITIES AND RESOURCES NURTURE HEALTHY LEARNING AND PRODUCTIVE COLLABORATION. FROM BUSINESS EDUCATION TO ADVANCED CULINARY TRAINING, DONORS ARE HELPING UH DELIVER WORLD-CLASS OPPORTUNITIES AND FACILITIES TO HAWAI'I STUDENTS. DONOR FUNDS MAKE IT POSSIBLE FOR OUR PUBLIC UNIVERSITY TO BRING DISTINGUISHED VISITING LECTURERS AND RESEARCHERS TO OUR CAMPUSES. EXAMPLES INCLUDE BRINGING SOME OF THE WORLD'S MOST HIGHLY REGARDED CANCER RESEARCHERS TO WORK COLLABORATIVELY IN OUR RESEARCH LABORATORIES WITH UH SCIENTISTS. WHILE THEY ARE HERE, THE PROMINENT RESEARCHERS, INCLUDING NOBEL LAUREATES, DELIVER A MAJOR LECTURE AT THE UNIVERSITY OF HAWAI'I CANCER CENTER. PRIVATE SUPPORT FUNDS THIS EXTRAORDINARY OPPORTUNITY FOR UH FACULTY, STUDENTS AND STAFF, TO MEET AND INTERACT WITH SOME OF THE MOST PROMINENT SCIENTISTS WHOSE WORK HAS SAVED MANY LIVES AND ESTABLISH RESEARCH COLLABORATIONS WITH THEM. OTHER DISTINGUISHED LECTURE SERIES SUPPORT HAWAI'I DIALOGUE WITH THE REST OF THE WORLD IN AREAS INCLUDING LOCAL ENTREPRENEURSHIP, INTERNATIONAL WOMEN'S LEADERSHIP, GLOBAL TECHNOLOGY, THE INTEGRATION OF SCIENCE AND CULTURE, AND INDIGENOUS LANGUAGE/CULTURAL ISSUES. 16667060 890481 0 OTHER PROGRAM SERVICES 16667060 890481 0 52401015 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 756 0 1 184 1 1 1 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 HI X X X KARA SHIBATA 8089568700 1810 UNIVERSITY AVENUE SUITE 300 HONOLULU HI 96822 C SCOTT WO CHAIRMAN 0.50 X X 0 0 0 STANDFORD S CARR VICE CHAIR 0.50 X X 0 0 0 TED PETTIT VICE CHAIR & TREASURER 0.50 X X 0 0 0 LORI TERANISHI SECRETARY 0.50 X X 0 0 0 PETER FUKUNAGA TRUSTEE 0.50 X 0 0 0 PETER GROSSMAN TRUSTEE 0.50 X 0 0 0 MICHAEL K HIRAI TRUSTEE 0.50 X 0 0 0 LOUISE KY ING TRUSTEE 0.50 X 0 0 0 JAMES P LALLY TRUSTEE 0.50 X 0 0 0 JAMES H Q LEE TRUSTEE 0.50 X 0 0 0 ROSITA G LEONG TRUSTEE 0.50 X 0 0 0 ERIC K MARTINSON TRUSTEE 0.50 X 0 0 0 KEN MILLER TRUSTEE 0.50 X 0 0 0 JACKSON NAKASONE TRUSTEE 0.50 X 0 0 0 SEAN SUGAI TRUSTEE 0.50 X 0 0 0 JASON TAYLOR TRUSTEE 0.50 X 0 0 0 GINNY TIU TRUSTEE 0.50 X 0 0 0 HANK WUH TRUSTEE 0.50 X 0 0 0 TIM DOLAN PRESIDENT/CEO 40.00 X 549991 0 87582 JOHN HAN COO/CFO 40.00 X 271487 0 55987 AMANDA KELLY ASST SECRETARY 40.00 X 87017 0 17183 CHRISTINE KOO ASST TREASURER/ASSOCIATE VP 40.00 X 179521 0 55541 KARA SHIBATA ASST TREASURER/CONTROLLER 40.00 X 114275 0 33619 JULIE INOUYE EXEC DIRECTOR OF DEVELOPMENT 40.00 X 166016 0 31681 KARLA ZARATE-RAMIREZ ASSOCIATE VP - MAJOR GIFTS 40.00 X 203346 0 42220 ALLISON OHANIAN SENIOR EXECUTIVE DIRECTOR OF E 40.00 X 185151 0 33111 MARGOT SCHRIRE ASSOC VP OF COMMUNICATIONS AND 40.00 X 146071 0 56777 KRISTI BATES EXEC DIRECTOR OF DEVELOPMENT 40.00 X 142607 0 41524 JUDY NAGAI SENIOR EXECUTIVE DIRECTOR OF C 40.00 X 136539 0 24004 MEREDITH YORO EXEC DIRECTOR OF DEVELOPMENT 40.00 X 132354 0 45235 MAILE AU SENIOR EXECUTIVE DIRECTOR OF A 40.00 X 137367 0 27351 2451742 0 551815 20 0 1 0 CAMBRIDGE ASSOCIATES LLC PO BOX 412015 BOSTON MA 02241 INVESTMENT SERVICES 746072 SAILDRONE INC 1050 W TOWER AVE ALAMEDA CA 94501 RESEARCH SERVICES 374572 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 ACCOUNTING SERVICES 247701 3 505204 1731218 72049954 4939087 74286376 6304359 -1104576 7408935 32455 32455 76696 57649 19047 19047 7350 11697 319174954 393131 281428870 352000 37746084 41131 37787215 37787215 2061185 1731218 1017201 1043984 1043984 SERVICE CONTRACTS - UH 900099 3525235 3525235 SPECIAL EVENTS 900099 25194 25194 ADVERTISING 541800 25000 25000 32677 32677 3608106 123081542 3583106 -1072226 46284286 15287009 15287009 1947482 1947482 2194322 843873 1350449 7003621 2007 2554759 4446855 578271 205481 372790 867059 339565 527494 592112 215105 377007 84138 6911 76182 1045 292070 292070 26000 26000 1520576 1520576 3481231 3246463 105609 129159 686074 466829 41571 177674 2590224 2379853 79791 130580 1010612 220568 226626 563418 586719 143095 230695 212929 2349361 2170733 121614 57014 1727571 1541370 77276 108925 193354 431 156755 36168 261292 4019 149809 107464 UH AGREEMENTS 16689435 16689435 REPAIRS/CONST - EQUIP/F 5740773 5737847 1341 1585 DONOR DEVELOPMENT COSTS 1819818 1774858 15135 29825 BAD DEBTS 216046 128189 87857 739282 627916 22719 88647 68484452 52401015 7364409 8719028 52507049 28847891 0 0 77288600 78973441 101 22206 0 0 0 0 308133 78914 0 0 257042 535419 81443707 2245506 30278746 79198201 226705855 233326774 400689048 437824230 0 0 0 0 40962174 34715025 828996748 893522101 8045938 21049477 0 0 0 0 79687260 79609349 0 0 0 0 0 0 0 0 31442176 29797370 119175374 130456196 X 2945202 6497158 706876172 756568747 709821374 763065905 828996748 893522101 X 54597090 -2344535 91976 900000 X 0 1 X 1 0 X 53711306 63320456 70935977 140729663 74286376 402983778 265816 78719 82376 97670 103567 628148 53977122 63399175 71018353 140827333 74389943 403611926 64895874 338716052 5566478 6298215 6672268 6071799 6460675 31069435 1070382 765956 162188 710742 2061185 4770453 439451814 19721006 0.77080 0.75190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2018 AMOUNT: $ 1,070,382. 2019 AMOUNT: $ 765,956. 2020 AMOUNT: $ 162,188. 2021 AMOUNT: $ 710,742. 2022 AMOUNT: $ 2,061,185. PART-II LINE-10 OTHER INCOME CONSISTS OF FUNDRAISING EVENTS AND FEES, HONORARIA/SERVICES, ROYALTIES AND OTHER MISCELLANEOUS INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 26000 26000 0 SCHEDULE C PART II-B, LINE 1I COMPENSATION PAID TO LOBBYIST FOR LEGISLATIVE AND/OR ADMINISTRATIVE ACTION IN THE FOLLOWING AREAS: CONSUMER PROTECTION & COMMERCE, EDUCATION, GOVERNMENT OPERATION & FINANCE, HAWAIIAN AFFAIRS, HEALTH, HUMAN SERVICES, AND SCIENCE, TECHNOLOGY & ECONOMIC DEVELOPMENT. 450105602 24427087 34313763 17483404 491363048 483639756 28054683 -47260861 14327976 450105602 341690144 19724165 135117678 12892231 483639756 326993437 33132523 -6053358 12382458 341690144 321039892 12539154 4945653 11531262 326993437 0.31777 0.68223 1 0 2006330 2006330 7619656 365770 7253886 69491 67243 2248 1776023 1748072 27951 69972207 64421 69907786 79198201 DOMESTIC EQUITY 65750097 F INTERNATIONAL EQUITY 108459190 F HEDGE FUNDS 172281275 F PRIVATE EQUITY SECURITIES 63244404 F NATURAL RESOURCE/REAL ESTATE 28089264 F 437824230 AMOUNTS HELD FOR OTHERS 3386287 BOND PAYABLE 13256262 PAYROLL TAXES & BENEFITS 1011932 OTHER LIABILITIES 603654 SPLIT-INTEREST AGREEMENTS 11539235 29797370 X 121322690 -2344535 195542 1890717 -258276 121580966 1500576 1500576 123081542 68078159 103566 990717 1094283 66983876 1500576 1500576 68484452 PART V, LINE 4: THE ENDOWMENT SUPPORTS UNIVERSITY OF HAWAII STUDENTS, PROGRAMS AND RESEARCH. FUNDS SUPPORT SCHOLARSHIPS AND STUDENT AWARDS, FELLOWSHIPS, FACULTY AND LECTURESHIPS. ENDOWMENTS ALSO FUND FACILITY IMPROVEMENTS, INNOVATIVE RESEARCH AND A WEALTH OF PROGRAMS THAT ENRICH OUR STUDENTS' EDUCATIONAL EXPERIENCE. THE ENDOWMENTS ALSO PROVIDE VALUE TO OUR BROADER COMMUNITY BY SUPPORTING THE ARTS, LIBRARIES, ATHLETICS, AND A RANGE OF LIFELONG LEARNING OPPORTUNITIES. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE OF HAWAII INCOME TAXES. HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE BASIC FINANCIAL STATEMENTS TAKEN AS A WHOLE. PART XI, LINE 2D - OTHER ADJUSTMENTS: AHO PAYOUT BALANCE RECLASS -84,133. FUNDRAISING EXPENSES 1,017,201. RENTAL EXPENSES 57,649. REALIZED GAIN/(LOSS) ADJUSTMENT AHO 900,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: AHO PAYOUT BALANCE RECLASS -84,133. FUNRAISING EXPENSES 1,017,201. RENTAL EXPENSES 57,649. 0 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 54512402 0 0 0 0 0 0 54512402 0 54512402 1 0 1 1 1 0 PART III ACCOUNTING METHOD: FUNDRAISER 380183 308315 71868 17143 FUNDRAISER 370775 283815 86960 92524 48 2154068 1133853 1020215 732502 2905026 1725983 1179043 842169 842169 336874 1 UNIVERSITY OF HAWAII 2500 CAMPUS RD HONOLULU HI 96822 996000354 14824909 0 BOOK VALUE UNIVERSITY SUPPORT, RESEARCH, SCHOLARSHIP, AND AWARDS. ADULT FRIENDS FOR YOUTH 3375 KOAPAKA ST B290 HONOLULU HI 96819 990254581 25000 0 BOOK VALUE GRANT TO IMPLEMENT AND ADAPT STRATEGIES, TOOLS, AND METRICS THAT BUILD AND STRENGTHEN STUDENTS' NETWORKS AHIKI ACRES LLC 3562 WAIALAE AVE STE 301 HONOLULU HI 96816 842560713 25000 0 BOOK VALUE MATCHING GRANT TO SUPPORT SMALL FARMERS TO START OR EXPAND FARMING OPERATIONS BIG TREE FARM LLC 67-190 KANOULU ST WAIALUA HI 96791 872801656 25000 0 BOOK VALUE MATCHING GRANT TO SUPPORT SMALL FARMERS TO START OR EXPAND FARMING OPERATIONS CENTER FOR TOMORROW'S LEADERS 677 ALA MOANA BLVD SUITE 1100 HONOLULU HI 96813 463490591 25000 0 BOOK VALUE GRANT TO IMPLEMENT AND ADAPT STRATEGIES, TOOLS, AND METRICS THAT BUILD AND STRENGTHEN STUDENTS' NETWORKS GOALL LLC 739 HAUSTEN ST APT 504 HONOLULU HI 96826 922238394 15500 0 BOOK VALUE ENTREPRENEURSHIP AND STARTUP AWARDS HAWAII WORKFORCE PIPELINE INC 726 KALOLINA PLACE KAILUA HI 96734 851664697 25000 0 BOOK VALUE GRANT TO IMPLEMENT AND ADAPT STRATEGIES, TOOLS, AND METRICS THAT BUILD AND STRENGTHEN STUDENTS' NETWORKS KUPU 677 ALA MOANA BLVD SUITE 1200 HONOLULU HI 96813 510652665 25000 0 BOOK VALUE GRANT TO IMPLEMENT AND ADAPT STRATEGIES, TOOLS, AND METRICS THAT BUILD AND STRENGTHEN STUDENTS' NETWORKS OLD KOLOA REGENERATIVE FARM 2999 ROSIE BUKOSKI CTR UNIT 204 KOLOA HI 96756 075760274 25000 0 BOOK VALUE MATCHING GRANT TO SUPPORT SMALL FARMERS TO START OR EXPAND FARMING OPERATIONS STATE OF HAWAII DEPT OF EDUCATION 1390 MILLER ST HONOLULU HI 96813 990266482 13300 0 BOOK VALUE AWARD PAYMENT FOR CASH FOR COLLEGE 808 CHALLENGE WHICH HAS A GOAL OF INCREASING THE FAFSA COMPLETION RATES AMONG HIGH SCHOOL SENIORS ACROSS THE STATE. STATE OF HAWAII DEPT OF EDUCATION 1390 MILLER ST HONOLULU HI 96813 990266482 258300 0 BOOK VALUE GRANT TO SUPPORT HIDOE SCHOOLS AND STUDENTS TO STRENGTHEN THE EDUCATION PIPELINE AND ASSIST WITH POSTSECONDARY EDUCATION. 0 10 SCHOLARSHIPS & GRANTS, INCL. STIPENDS & TRVL AWRDS 1167 1947482 BOOK VALUE PART I, LINE 2: UHF HAS POLICIES IN PLACE FOR PROVIDING GRANT FUNDS TO STUDENTS IN THE FORM OF SCHOLARSHIPS, TRAVEL GRANTS AND AWARDS. GENERALLY, SCHOLARSHIP AND FELLOWSHIP PAYMENTS SPECIFICALLY INTENDED TO COVER ITEMS RELATED TO COST OF ATTENDANCE ARE PROCESSED THROUGH THE UH'S SYSTEM. UHF WILL PAY SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS DIRECTLY IN RELATION TO TRAVEL, MATERIALS AND/OR RESEARCH. ALL PAYMENT REQUESTS MUST COMPLY WITH UHF'S ACCOUNT ADMINISTRATION POLICY IN ORDER TO BE PROCESSED. X 1 1 X X 0 0 0 0 0 0 0 0 0 TIM DOLAN PRESIDENT/CEO 449187 0 100000 0 804 0 65400 0 22182 0 637573 0 47450 0 JOHN HAN COO/CFO 246057 0 25000 0 430 0 39763 0 16224 0 327474 0 39643 0 KARLA ZARATE-RAMIREZ ASSOCIATE VP - MAJOR GIFTS 203346 0 0 0 0 0 28930 0 13290 0 245566 0 22918 0 CHRISTINE KOO ASST TREASURER/ASSOCIATE VP 179334 0 0 0 187 0 41414 0 14127 0 235062 0 36473 0 ALLISON OHANIAN SENIOR EXECUTIVE DIRECTOR OF E 185151 0 0 0 0 0 20905 0 12206 0 218262 0 11543 0 MARGOT SCHRIRE ASSOC VP OF COMMUNICATIONS AND 146071 0 0 0 0 0 42836 0 13941 0 202848 0 0 0 JULIE INOUYE EXEC DIRECTOR OF DEVELOPMENT 166016 0 0 0 0 0 18483 0 13198 0 197697 0 19863 0 KRISTI BATES EXEC DIRECTOR OF DEVELOPMENT 142607 0 0 0 0 0 30794 0 10730 0 184131 0 39593 0 MEREDITH YORO EXEC DIRECTOR OF DEVELOPMENT 132192 0 0 0 162 0 33719 0 11516 0 177589 0 0 0 MAILE AU SENIOR EXECUTIVE DIRECTOR OF A 137180 0 0 0 187 0 14370 0 12981 0 164718 0 0 0 JUDY NAGAI SENIOR EXECUTIVE DIRECTOR OF C 111539 0 25000 0 0 0 16744 0 7260 0 160543 0 0 0 PART I, LINE 1A PRIVATE BUSINESS CLUB MEMBERSHIP IS PROVIDED TO THE PRESIDENT AND CERTAIN STAFF FOR BUSINESS USE. PART I, LINE 5 AN INCENTIVE PROGRAM IS IN PLACE FOR KEY INDIVIDUALS. IT IS BASED ON QUANTITIVE AND QUALITATIVE FACTORS. ONE OF SEVERAL QUANTITATIVE FACTORS IS FUNDS RAISED. PART I, LINE 6 AN INCENTIVE PROGRAM IS IN PLACE FOR KEY INDIVIDUALS. IT IS BASED ON QUANTITIVE AND QUALITATIVE FACTORS. ONE OF SEVERAL QUANTITATIVE FACTORS IS FUNDS RAISED AND NET OPERATING RESULTS. A PUBLIC FINANCE AUTHORITY 273866124 74439YEA5 2021-11-30 77705000 CONSTRUCTION OF NEW STUDENT HOUSING 0 0 0 A 82434390 3301950 5663930 644120 936955 53276159 18611277 2023 0 0 0 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 3 SCHEDULE K, PART II, LINE 3 IS DIFFERENT FROM COLUMN (E) DUE TO PROCEEDS BEING HIGHER THAN ISSUE PRICE DUE TO BOND PREMIUM SCHEDULE K, PART II, LINE 5 SCHEDULE K, PART II, LINE 5 DOESN'T MATCH FORM 8038 SINCE AMOUNTS FOR CAPITALIZED INTEREST PAID WAS NOT KNOWN AT THE TIME FORM 8038 WAS FILED SCHEDULE K, PART II, LINE 7 SCHEDULE K, PART II, LINE 7 DOESN'T MATCH FORM 8038 SINCE ACTUAL COSTS OF ISSUANCE WAS LESS THAN ESTIMATED ON FORM 8038 SCHEDULE K, PART II, LINE 9 SCHEDULE K, PART II, LINE 9 DOESN'T MATCH FORM 8038 SINCE AMOUNTS FOR WORKING CAPITAL EXPENDITURES WAS NOT KNOWN AT THE TIME FORM 8038 WAS FILED SCHEDULE K, PART II, LINE 10 SCHEDULE K, PART II, LINE 10 DOESN'T MATCH FORM 8038 SINCE AMOUNTS FOR CAPITAL EXPENDITURES WAS NOT KNOWN AT THE TIME FORM 8038 WAS FILED X 1 3000 FMV X 350 FMV X 3370 FMV X 4 48371 FMV X 58 2573804 FMV X 7 2109572 FMV X 3 8930 FMV X 4 3381 FMV X FURNITURE 2 140800 FMV X TOOLS AND EQUIPMENT 16 42184 FMV X TICKETS 2 2850 FMV X GIFT CARDS 3 2475 FMV 1 0 1 1 PART I, LINE 32B: UHF USED KOKUA IN KIND, MERRILL LYNCH AND CHARLES SCHWAB TO PROCESS AND SELL NON-CASH CONTRIBUTIONS. FORM 990, PART III, LINE 1 THE UNIVERSITY OF HAWAI'I FOUNDATION (UHF) WAS ESTABLISHED IN 1955 TO ENCOURAGE PRIVATE SUPPORT FOR UH. TODAY IT IS THE CENTRAL FUNDRAISING ORGANIZATION FOR THE UH SYSTEM, PROVIDING PROFESSIONAL FUNDRAISING AND ALUMNI ENGAGEMENT SERVICES TO ALL 10 UH CAMPUSES. TO DATE, THE NONPROFIT UHF HAS RAISED MORE THAN $1 BILLION TO SUPPORT UH. THE FUNDS RAISED ARE CRITICAL FOR SUPPORTING THE EDUCATIONAL MISSION OF UH, ONE OF THE LARGEST DRIVERS OF HAWAI'I'S ECONOMY. THIS PRIVATE SUPPORT FUNDS SCHOLARSHIPS TO BUILD HAWAI'I'S FUTURE WORKFORCE, HELPS ATTRACT TOP FACULTY TALENT, AND FUELS WORLD-CLASS RESEARCH AND FACILITIES. UHF HAS A NUMBER OF SPECIALISTS ON STAFF TO PROVIDE COMPREHENSIVE FUNDRAISING AND ALUMNI ENGAGEMENT SERVICES. EXPERTISE AREAS INCLUDE MAJOR GIFTS, CORPORATE AND FOUNDATION GIVING, ANNUAL GIVING, DONOR STEWARDSHIP, CHARITABLE TAX AND ESTATE AND GIFT PLANNING. UHF ALSO MANAGES AN ENDOWMENT OF MORE THAN $495 MILLION THAT DISTRIBUTES MORE THAN $15 MILLION IN AID TO STUDENTS ACROSS 10 UH SYSTEM CAMPUSES EACH YEAR. GENEROUS GIFTS FROM DONORS AND A DISCIPLINED FOCUS ON INVESTMENT STRATEGIES AND OPPORTUNITIES HELP THE ENDOWMENT GROW OVER THE LONG TERM, PROVIDING SUPPORT FOR UNIVERSITY OF HAWAI'I PROGRAMS AND PRIORITIES INTO THE FUTURE. THE TEAM ALSO MANAGES INVESTMENTS RELATED TO PLANNED GIVING, INCLUDING CHARITABLE GIFT ANNUITIES AND CHARITABLE REMAINDER TRUSTS. THE FISCAL SERVICES UHF PROVIDES INCLUDE PROCESSING, ADMINISTERING AND MANAGING FUNDS FROM GIFTS FOR THE BENEFIT OF UH UNITS AND CAMPUSES. THE TEAM ALSO ESTABLISHES NEW ACCOUNTS AND MAINTAINS MORE THAN 7,000 SEPARATE DONOR ACCOUNTS FOR UH. THE ALUMNI ENGAGEMENT TEAM IS FOCUSED ON PROVIDING LIFELONG VALUE TO OUR 330,000 + ALUMNI, WHILE ALSO ADVANCING THE UNIVERSITY'S PRIORITIES INCLUDING GROWING STUDENT ENROLLMENT AND SUPPORTING STUDENT RETENTION. BY PARTNERING CLOSELY WITH UH CAMPUS LEADERSHIP, SCHOOLS AND DEPARTMENTS, AND LOCAL AND REGIONAL ALUMNI GROUPS, THE TEAM DEVELOPS MEANINGFUL PROGRAMS THAT SUPPORT THE UH ALUMNI COMMUNITY, BUILD PRIDE, NURTURE LIFE-LONG LEARNING AND STRENGTHEN AND SUSTAIN RELATIONSHIPS. FORM 990, PART VI, SECTION A, LINE 2 OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES HAVE FAMILY OR BUSINESS RELATIONSHIPS WITH ANOTHER DUE TO THE NATURE OF BUSINESS IN HAWAII. RELATIONSHIPS WERE IDENTIFIED AS PART OF AN ANNUAL QUESTIONNAIRE AND TRANSACTIONS OCCURRED IN THE ORDINARY COURSE OF BUSINESS ON TERMS OFFERED TO THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY KPMG LLP AND REVIEWED BY UHF'S CONTROLLER, CFO AND SENIOR EXECUTIVE DIRECTOR OF COMMUNICATIONS BEFORE PRESENTATION OF A FINAL DRAFT TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. UPON APPROVAL, THE FINAL RETURN IS FILED AND SIGNED OFF ELECTRONICALLY BY THE CFO. THE FORM 990 IS AVAILABLE ON WWW.GUIDESTAR.ORG AND ON UHF'S WEBSITE, AS WELL AS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C UHF HAS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES AND A SEPARATE FORM FOR TRUSTEES. IN ACCORDANCE WITH BOTH POLICIES, ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO COMPLETE AND CERTIFY AN "ANNUAL CONFLICT OF INTEREST FORM" AT THE BEGINNING OF THE FISCAL YEAR. THE INFORMATION COMPILED BY THE CFO AND CONTROLLER. ANY POTENTIAL CONFLICTS WITH REGARD TO TRUSTEES ARE BROUGHT TO THE ATTENTION OF THE VP OF ADMINISTRATION/CFO AND PRESIDENT, AND BROUGHT TO THE BOARD OF TRUSTEE'S AUDIT COMMITTEE TO APPROVE OR DISAPPROVE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, UHF BENCHMARKS THE SALARIES OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER, CFO, AND VP/COO AT OTHER INSTITUTIONALLY RELATED FOUNDATIONS NATIONWIDE, AS WELL AS NONPROFITS WITHIN THE STATE OF HAWAII. THIS IS DONE THROUGH RESEARCH OF 990S AND THROUGH SALARY SURVEYS OF VARIOUS PROFESSIONAL ORGANIZATIONS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES USES THIS DATA IN CONJUNCTION WITH AN ASSESSMENT OF INDIVIDUAL JOB PERFORMANCE TO DETERMINE THE APPROPRIATE COMPENSATION ADJUSTMENTS FOR THE PRESIDENT/CEO AND VICE PRESIDENTS OF THE ORGANIZATION. THE DOCUMENTATION OF THESE DECISIONS IS PROVIDED TO AND FILED WITH THE HUMAN RESOURCES DEPARTMENT. LAST COMPENSATION STUDY/REVIEW WAS SEPTEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 UHF HAS A PUBLIC INFORMATION POLICY. THIS POLICY SETS OUT THE PRACTICES OF UHF REGARDING DISCLOSURE OF INFORMATION AND DESCRIBES THE EXTENT AND NATURE OF THOSE MATERIALS WHICH WILL BE MADE AVAILABLE TO THE PUBLIC. UHF PROVIDES ACCESS TO THE FOLLOWING DOCUMENTS ON ITS WEBSITE. FORM 990 TAX RETURN FOR THE PREVIOUS THREE YEARS, IRS TAX DETERMINATION LETTER, ARTICLES OF INCORPORATION, ANNUAL REPORT. THE FORM 990 TAX RETURN MAY ALSO BE VIEWED ON GUIDESTAR. ALSO AVAILABLE ON THE WEBSITE IS A LISTING OF UHF'S BOARD OF TRUSTEES AND UHF STAFF. THE CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS OUTLINED IN THE PUBLIC INFORMATION POLICY THAT ARE NOT ON THE WEBSITE ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: REALIZED GAIN/(LOSS) ADJUSTMENT AHO 900,000. UHF ATHERTON STUDENT HOUSING LLC 1810 UNIVERSITY AVENUE SUITE 300 HONOLULU HI 96822 REAL ESTATE HI 842938 8167770 UHFOUNDATION UHF RISE STUDENT HOUSING LLC 1810 UNIVERSITY AVENUE SUITE 300 HONOLULU HI 96822 REAL ESTATE HI 29346 115508799 UHFOUNDATION CHARITABLE REMAINDER TRUST (43) TRUST HI UHF 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0