LILIUOKALANI TRUST: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: LILIUOKALANI TRUST (EIN 99-0078890)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202103199349108115
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Investments Corp Stock Schedule
Legal Fees Schedule
Mortgages And Notes Payable Sch
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T16:09:21-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	421539623	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KMH LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1003 BISHOP STREET SUITE 2400	AddressLine1Txt
City	HONOLULU	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96813	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	990078890	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LILIUOKALANI TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LILI	BusinessNameControlTxt
Phone	8082036150	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1100 ALAKEA STREET NO 1100	AddressLine1Txt
City	HONOLULU	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96813	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CLAIRE L ASAM	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8082036150	PhoneNum
Signature	2021-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	CLAIRE	PersonFirstNm
Person Last	ASAM	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DEANNA C AWA	PreparerPersonNm
PTIN	P00647777	PTIN
Phone	8085262255	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,244,045,773	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,186,304	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1,191,181	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,191,181	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$1,191,181	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$2,619,878	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,931,707	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$1,931,707	DividendsAdjNetIncmAmt
Gross Rents Rev And Expnss	$20,485,294	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$20,485,294	GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm	$20,485,294	GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss	$11,154,807	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$19,219,687	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$600,646,814	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$31,002,339	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$0	NetSTCapitalGainAdjNetIncmAmt
Incm Modifications Adj Net Incm	$1,475,000	IncmModificationsAdjNetIncmAmt
Other Income Rev And Expnss	$3,397,759	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$3,415,431	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$3,415,431	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$48,100,103	TotalRevAndExpnssAmt
Total Net Invst Incm	$58,025,952	TotalNetInvstIncmAmt
Total Adj Net Incm	$28,498,613	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$3,302,865	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$1,722,827	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$1,722,827	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$1,580,037	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$13,686,268	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$1,451,775	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$1,451,775	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$12,234,493	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$3,605,750	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$584,130	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm	$584,130	PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$3,019,596	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$342,030	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$233,768	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$233,768	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$149,777	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$139,479	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$139,479	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$3,111,162	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$1,097,644	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$1,097,644	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$1,956,869	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$5,791,997	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,551,726	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$5,551,726	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$298,472	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$4,195,878	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$1,947,134	DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm	$1,947,134	DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss	$615,120	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$150,030	OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm	$150,030	OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl	$459,730	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$107,551	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$44,055	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$44,055	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$80,316	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$44,855	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$7,076	PrintingAndPubNetInvstIncmAmt
Printing And Pub Adj Net Incm	$7,076	PrintingAndPubAdjNetIncmAmt
Printing And Pub Dsbrs Chrtbl	$37,780	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$27,057,912	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$1,944,740	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$2,154,301	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$5,120,224	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$62,000,867	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$14,734,905	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$14,944,466	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$25,076,773	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$117,150	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$117,150	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$62,118,017	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$14,734,905	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$14,944,466	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$25,193,923	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$14,017,914	ExcessRevenueOverExpensesAmt
Net Investment Income	$43,291,047	NetInvestmentIncomeAmt
Adjusted Net Income	$13,554,147	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$118,276	CashBOYAmt
Cash EOY	$154,644	CashEOYAmt
Cash EOYFMV	$154,644	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$6,201,547	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$13,371,483	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$13,371,483	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$1,612,405	AcctRcvblAmt
Acct Rcvbl Allwnc Dbtfl Acct	$318,693	AcctRcvblAllwncDbtflAcctAmt
Acct Rcvbl BOY	$1,348,295	AcctRcvblBOYAmt
Acct Rcvbl EOY	$1,293,712	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$1,293,712	AcctRcvblEOYFMVAmt
Other Nts And Loans Rcvbl	$13,250,000	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$13,000,000	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$13,250,000	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$13,250,000	OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY	$1,015,394	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$1,166,309	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$1,166,309	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$505,811,432	CorporateStockBOYAmt
Corporate Stock EOY	$550,853,860	CorporateStockEOYAmt
Corporate Stock EOYFMV	$559,467,736	CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis	$91,292,800	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$28,245,048	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$58,423,209	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$63,047,752	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$566,360,674	LandBldgInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$91,165,457	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$27,891,223	LandBldgEquipAccumDeprecAmt
Land BOY	$59,911,721	LandBOYAmt
Land EOY	$63,274,234	LandEOYAmt
Land EOYFMV	$69,726,310	LandEOYFMVAmt
Other Assets BOY	$20,875,522	OtherAssetsBOYAmt
Other Assets EOY	$19,254,905	OtherAssetsEOYAmt
Other Assets EOYFMV	$19,254,905	OtherAssetsEOYFMVAmt
Total Assets BOY	$666,705,396	TotalAssetsBOYAmt
Total Assets EOY	$725,666,899	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,244,045,773	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$2,376,804	AccountsPayableBOYAmt
Accounts Payable EOY	$3,428,546	AccountsPayableEOYAmt
Deferred Revenue BOY	$1,457,831	DeferredRevenueBOYAmt
Deferred Revenue EOY	$2,435,120	DeferredRevenueEOYAmt
Mortgages And Notes Payable BOY	$11,546,205	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$13,615,027	MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY	$2,886,367	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$1,553,799	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$18,267,207	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$21,032,492	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$648,438,189	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$704,634,407	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$648,438,189	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$704,634,407	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$666,705,396	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$725,666,899	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$648,438,189	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$14,017,914	ExcessRevenueOverExpensesAmt
Other Increases	$70,214,132	OtherIncreasesAmt
Subtotal	$704,634,407	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$704,634,407	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (217 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
FROM K-1: ACR III FEEDER C, LP	P	$3,167	$3,167	$3,167
FROM K-1: ATLAS CAPITAL RESOURCES III LP	P	$108,601	$108,601	$108,601
FROM K-1: ABERDEEN ENERGY & RESOURCES PARTNERS II, LP	P		-$90	-$90	$90
FROM K-1: ABERDEEN ENERGY & RESOURCES PARTNERS II, LP	P		-$69,410	-$69,410	$69,410
FROM K-1: ABERDEEN ENERGY & RESOURCES PARTNERS II, LP - 1231	P		-$16,635	-$16,635	$16,635
FROM K-1: ABERDEEN ENERGY & RESOURCES PARTNERS III, LP	P		-$325	-$325	$325
FROM K-1: ABERDEEN ENERGY & RESOURCES PARTNERS III, LP	P		-$2,511	-$2,511	$2,511
FROM K-1: ABERDEEN ENERGY & RESOURCES PARTNERS III, LP - 1231	P	$7,235	$7,235	$7,235
FROM K-1: CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES BAIN X	P	$3,410	$3,410	$3,410
FROM K-1: CAMBRIDGE ASSOCIATES LLC	P		-$52	-$52	$52
FROM K-1: CAMBRIDGE ASSOCIATES LLC	P	$31	$31	$31
FROM K-1: CAMBRIDGE ASSOCIATES LLC - 1256	P	$1	$1	$1
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS	P		-$5	-$5	$5
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS	P	$43,174	$43,174	$43,174
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS - 1256	P	$7	$7	$7
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS - 1256	P	$11	$11	$11
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS V, LP	P	$46	$46	$46
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS V, LP	P		-$1,135	-$1,135	$1,135
FROM K-1: COMMONFUND CAPITAL INTERNATIONAL PARTNERS V, LP - 1231	P		-$3,795	-$3,795	$3,795
FROM K-1: COMMONFUND DISTRESSED DRBT PARTNERS II LP	P	$8,885	$8,885	$8,885
FROM K-1: DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P	P	$97,304	$97,304	$97,304
FROM K-1: DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P	P	$18,553	$18,553	$18,553
FROM K-1: DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P - 1231	P	$37	$37	$37
FROM K-1: DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P - 1256	P	$2,062	$2,062	$2,062
FROM K-1: DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P - 1256	P	$3,093	$3,093	$3,093
FROM K-1: DC CAPITAL PARTNERS FUND II, LP - 1231	P	$1,153	$1,153	$1,153
FROM K-1: DODDINGTON EMERGING MARKETS FUND, LLC	P	$1,525	$1,525	$1,525
FROM K-1: DODDINGTON EMERGING MARKETS FUND, LLC	P	$1,921,297	$1,921,297	$1,921,297
FROM K-1: FARALLON CAPITAL INSTITUTIONAL PARTNERS, LP	P		-$15,689	-$15,689	$15,689
FROM K-1: FARALLON CAPITAL INSTITUTIONAL PARTNERS, LP - 1256	P	$31	$31	$31
FROM K-1: FARALLON CAPITAL INSTITUTIONAL PARTNERS, LP - 1256	P	$47	$47	$47
FROM K-1: FELICIS VENTURE VI, LP	P		-$1,229	-$1,229	$1,229
FROM K-1: FELICIS VENTURE VI, LP	P		-$7,230	-$7,230	$7,230
FROM K-1: FINEPOINT CAPITAL PARTNERS II	P	$371,038	$371,038	$371,038
FROM K-1: FINEPOINT CAPITAL PARTNERS II	P	$157,089	$157,089	$157,089
FROM K-1: FINEPOINT CAPITAL PARTNERS II - 1256	P		-$21,748	-$21,748	$21,748
FROM K-1: FINEPOINT CAPITAL PARTNERS II - 1256	P		-$32,622	-$32,622	$32,622
FROM K-1: GQG PARTNERS INTERNATIONAL EQUITY FUND GQG PARTNERS SERIES LLC	P		-$380,915	-$380,915	$380,915
FROM K-1: GQG PARTNERS INTERNATIONAL EQUITY FUND GQG PARTNERS SERIES LLC	P	$679,739	$679,739	$679,739
FROM K-1: HARVEST MLP INCOME FUND II LLC	P		-$16,038	-$16,038	$16,038
FROM K-1: HARVEST MLP INCOME FUND II LLC	P		-$40,681	-$40,681	$40,681
FROM K-1: THE HIGHCLERE INTERNATIONAL INVESTORS	P		-$152,846	-$152,846	$152,846
FROM K-1: THE HIGHCLERE INTERNATIONAL INVESTORS	P		-$464,535	-$464,535	$464,535
FROM K-1: HIGHFIELDS CAPITAL IV LP - 1231	P		-$1,463	-$1,463	$1,463
FROM K-1: HEALTHCARE ROYALTY PARTNERS III, L.P.	P	$315	$315	$315
FROM K-1: HEALTHCARE ROYALTY PARTNERS III, L.P.	P	$315	$315	$315
FROM K-1: ICON VENTURES V, L.P.	P	$13,656	$13,656	$13,656
FROM K-1: LAV BIOSCIENCES FUND V,LP	P	$7,443	$7,443	$7,443
FROM K-1: LAV BIOSCIENCES FUND V,LP	P	$33,818	$33,818	$33,818
FROM K-1: LEGACY VENTURE VI, LLC	P	$5,931	$5,931	$5,931
FROM K-1: LEGACY VENTURE VI, LLC	P	$504,167	$504,167	$504,167
FROM K-1: LEVEL EQUITY GROWTH PARTNERS III, LP	P	$34,319	$34,319	$34,319
FROM K-1: LEVEL EQUITY GROWTH PARTNERS III AIV (B), LP	P	$51,400	$51,400	$51,400
FROM K-1: LONE STAR EUROPE HOLDINGS (U.S.), L.P.	P	$12	$12	$12
FROM K-1: LONE STAR FUND VI (U.S.), L.P.	P	$3,914	$3,914	$3,914
FROM K-1: LONE STAR FUND VII (U.S.), L.P.	P	$1,238	$1,238	$1,238
FROM K-1: LONE STAR FUND VIII (U.S.), L.P.	P	$14,801	$14,801	$14,801
FROM K-1: LONE STAR REAL ESTATE FUND II (U.S.), L.P.	P		-$72,307	-$72,307	$72,307
FROM K-1: LONE STAR REAL ESTATE FUND III (U.S.), L.P.	P		-$10,762	-$10,762	$10,762
FROM K-1: LONE STAR REAL ESTATE FUND IV (U.S.), L.P.	P		-$7,523	-$7,523	$7,523
FROM K-1: LONE STAR US INVESTMENTS, L.P.	P	$5,360	$5,360	$5,360
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS GLOBAL II LP	P		-$9,979	-$9,979	$9,979
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS GLOBAL II LP - 1231	P		-$381	-$381	$381
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS GLOBAL III LP	P		-$32	-$32	$32
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS GLOBAL III LP	P	$3,051	$3,051	$3,051
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS GLOBAL III LP - 1231	P		-$747	-$747	$747
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS IV-A, LP	P		-$23,492	-$23,492	$23,492
FROM K-1: NATURAL GAS PARTNERS IX LP	P	$67	$67	$67
FROM K-1: NATURAL GAS PARTNERS IX LP - 1231	P		-$1,005	-$1,005	$1,005
FROM K-1: NEW ENTERPRISE ASSOCIATES 15 LP	P	$5,442	$5,442	$5,442
FROM K-1: NEW ENTERPRISE ASSOCIATES 15 LP	P	$35,175	$35,175	$35,175
FROM K-1: NEW ENTERPRISE ASSOCIATES 16 LP	P		-$75	-$75	$75
FROM K-1: NEW ENTERPRISE ASSOCIATES 16 LP	P		-$5,448	-$5,448	$5,448
FROM K-1: NORTHGATE GLOBAL EMERGING MARKETS, LP	P	$5	$5	$5
FROM K-1: NORTHGATE GLOBAL EMERGING MARKETS, LP	P	$3,760	$3,760	$3,760
FROM K-1: NORTHGATE IV, LP	P	$54	$54	$54
FROM K-1: NORTHGATE IV, LP	P	$52,648	$52,648	$52,648
FROM K-1: NORTHGATE IV, LP - 1231	P		-$156	-$156	$156
FROM K-1: NORTHGATE PRIVATE EQUITY PARTNERS II(Q) LP	P	$33	$33	$33
FROM K-1: NORTHGATE PRIVATE EQUITY PARTNERS II(Q) LP	P	$4,887	$4,887	$4,887
FROM K-1: NORTHGATE PRIVATE EQUITY PARTNERS II(Q) LP - 1231	P		-$19	-$19	$19
FROM K-1: NORTHGATE PRIVATE EQUITY PARTNERS III LP	P		-$14	-$14	$14
FROM K-1: NORTHGATE PRIVATE EQUITY PARTNERS III LP	P	$126	$126	$126
FROM K-1: NORTHGATE PRIVATE EQUITY PARTNERS III LP - 1231	P		-$197	-$197	$197
FROM K-1: NORTHGATE VENTURE PARTNERS III, LP	P	$168	$168	$168
FROM K-1: NORTHGATE VENTURE PARTNERS III, LP	P	$115,160	$115,160	$115,160
FROM K-1: OWL CREEK OPPORTUNITIES FUND L.P.	P		-$295,731	-$295,731	$295,731
FROM K-1: OWL CREEK OPPORTUNITIES FUND L.P.	P	$824,033	$824,033	$824,033
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND III AIV LP	P		-$611	-$611	$611
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND III AIV LP - 1231	P		-$17	-$17	$17
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND III LP	P		-$24	-$24	$24
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND III LP	P		-$3,655	-$3,655	$3,655
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND III LP - 1231	P		-$1,545	-$1,545	$1,545
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND IV LP	P		-$87	-$87	$87
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND IV LP	P		-$24,583	-$24,583	$24,583
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND IV LP - 1231	P		-$202	-$202	$202
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND V LP	P	$15	$15	$15
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND V LP	P		-$5,247	-$5,247	$5,247
FROM K-1: PARK STREET CAPITAL NATURAL RESOURCE FUND V LP - 1231	P		-$199	-$199	$199
FROM K-1: POLYCHAIN FUND I, LP	P		-$11,899	-$11,899	$11,899
FROM K-1: POLYCHAIN FUND I, LP	P		-$13,447	-$13,447	$13,447
FROM K-1: SANDERS CAPITAL ALL ASSET VALUE FUND, LP	P	$69	$69	$69
FROM K-1: SANDERS CAPITAL ALL ASSET VALUE FUND, LP	P	$1,981,981	$1,981,981	$1,981,981
FROM K-1: SILCHESTER INTERNATIONAL VALUTE EQUITY TRUST	P	$125,171	$125,171	$125,171
FROM K-1: SILCHESTER INTERNATIONAL VALUTE EQUITY TRUST	P	$4,108,487	$4,108,487	$4,108,487
FROM K-1: SOMERSET GLOBAL EMERGING MARKETS FUND LLC	P		-$535	-$535	$535
FROM K-1: SOMERSET GLOBAL EMERGING MARKETS FUND LLC	P		-$13,435	-$13,435	$13,435
FROM K-1: STANDARD CRYPTO FLAGSHIP FUND LP	P		-$1,643	-$1,643	$1,643
FROM K-1: STRATEGIC INVESTORS FUND VIII, L.P.	P	$2,258	$2,258	$2,258
FROM K-1: STRATEGIC INVESTORS FUND VIII, L.P.	P	$64,791	$64,791	$64,791
FROM K-1: STRATEGIC INVESTORS FUND VI, L.P.	P	$887	$887	$887
FROM K-1: STRATEGIC INVESTORS FUND VI, L.P.	P	$144,206	$144,206	$144,206
FROM K-1: THIRD POINT OFFSHORE FUND LTD	P	$40,917	$40,917	$40,917
FROM K-1: U.S. FARMING REALTY TRUST II, LP - 1231	P	$7,337	$7,337	$7,337
FROM K-1: US RESEARCH EQUITY EXTENDED FUND, L.P.	P		-$2,938,439	-$2,938,439	$2,938,439
FROM K-1: US RESEARCH EQUITY EXTENDED FUND, L.P.	P	$1,037,368	$1,037,368	$1,037,368
FROM K-1: US RESEARCH EQUITY EXTENDED FUND, L.P. - 1256	P		-$23,769	-$23,769	$23,769
FROM K-1: US RESEARCH EQUITY EXTENDED FUND, L.P. - 1256	P		-$35,653	-$35,653	$35,653
FROM K-1: WELLINGTON INTERNATIONAL RESEARCH EQUITY FUND	P		-$387,468	-$387,468	$387,468
FROM K-1: WELLINGTON INTERNATIONAL RESEARCH EQUITY FUND	P		-$84,468	-$84,468	$84,468
FROM K-1: WELLINGTON INTERNATIONAL RESEARCH EQUITY FUND - 1256	P		-$15,363	-$15,363	$15,363
FROM K-1: WELLINGTON INTERNATIONAL RESEARCH EQUITY FUND - 1256	P		-$23,045	-$23,045	$23,045
FROM K-1: WELLINGTON TRUST CTF DURABLE COMPANIES PORTFOLIO	P		-$41,343	-$41,343	$41,343
FROM K-1: WELLINGTON TRUST CTF DURABLE COMPANIES PORTFOLIO	P	$50,007	$50,007	$50,007
FROM K-1: WELLINGTON TRUST CTF DURABLE COMPANIES PORTFOLIO - 1256	P	$19	$19	$19
FROM K-1: WELLINGTON TRUST CTF DURABLE COMPANIES PORTFOLIO - 1256	P	$28	$28	$28
FROM K-1: WELLINGTON TRUST CTF ENERGY PORTFOLIO	P		-$1,955,371	-$1,955,371	$1,955,371
FROM K-1: WELLINGTON TRUST CTF ENERGY PORTFOLIO	P		-$928,620	-$928,620	$928,620
FROM K-1: WELLINGTON TRUST CTF ENERGY PORTFOLIO - 1256	P		-$1,006	-$1,006	$1,006
FROM K-1: WELLINGTON TRUST CTF ENERGY PORTFOLIO - 1256	P		-$1,510	-$1,510	$1,510
FROM K-1: WELLINGTON TRUST CTF MICRO CAP EQUITY PORTFOLIO	P	$1,229,537	$1,229,537	$1,229,537
FROM K-1: WELLINGTON TRUST CTF MICRO CAP EQUITY PORTFOLIO	P	$1,519,670	$1,519,670	$1,519,670
FROM K-1: WELLINGTON TRUST CTF MICRO CAP EQUITY PORTFOLIO - 1256	P	$51	$51	$51
FROM K-1: WELLINGTON TRUST CTF MICRO CAP EQUITY PORTFOLIO - 1256	P	$76	$76	$76
FROM K-1: WOODBOURNE CANADIAN PARTNERS II	P	$77,507	$77,507	$77,507
FROM K-1: XFUND 2, LP [CLASS A]	P		-$7,015	-$7,015	$7,015
FROM K-1: XFUND 2, LP [CLASS B]	P		-$275	-$275	$275
FROM K-1: XFUND 2, LP [CLASS B]	P		-$6,170	-$6,170	$6,170
US BANK #12508		$248,898,884	$188,539	$188,539	$248,710,345
US BANK #12508		$35,875,876	$3,838,203	$3,838,203	$32,037,673
US BANK DEFLATION ASSETS			$0	$0
GARDNER RUSSO & GARDNER		$2,842,207	$346,145	$346,145	$2,496,062
GARDNER RUSSO & GARDNER		$8,730,079	$3,229,620	$3,229,620	$5,500,459
ATLAS CAPITAL RESOURCES III LP	P	$252,189	$0	$0	$252,189
COMMONFUND INTL PRIVATE EQUITY PTNRS VII	P	$9,991	$0	$0	$9,991
LEGACY VENTURE VI LLC	P	$32,013	$0	$0	$32,013
ROUND HILL MUSIC ROYALTY FUND II LP	P	$64,485	$0	$0	$64,485
STRATEGIC INVESTORS FUND VI (SVB CAP)	P	$54,060	$0	$0	$54,060
GS VINTAGE VII OFFSHORE SCSP	P	$25,236	$0	$0	$25,236
LONE STAR FUND X (US) LP	P	$72,730	$0	$0	$72,730
COMMONFUND NATURAL RESOURCES V	P	$95	$0	$0	$95
METROPOLITAN REAL ESTATE PARTNERS IV-A	P	$13,062	$0	$0	$13,062
METROPOLITAN REAL ESTATE PTNR GLOBAL III	P	$5,312	$0	$0	$5,312
NORTHGATE VENTURE PARTNERS III	P	$8,016	$0	$0	$8,016
PARK ST CAP NATURAL RESOURCE FUND III	P	$1,125	$0	$0	$1,125
PARK ST CAP NATURAL RESOURCE FUND IV	P	$26,800	$0	$0	$26,800
NORTHGATE GLOBAL EMERGING MARKETS	P	$6,959	$0	$0	$6,959
PARK ST CAP NATURAL RESOURCE FUND V	P	$18,150	$0	$0	$18,150
NORTHGATE PRIVATE EQUITY PARTNERS III	P	$8,678	$0	$0	$8,678
NORTHGATE IV	P	$10,628	$0	$0	$10,628
GS VINTAGE V OFFSHORE LP	P	$8,525	$0	$0	$8,525
DOUGLAS EMMETT PARTNERSHIP X	P	$192,696	$0	$0	$192,696
WOODBOURNE CANADA PARTNERS II	P	$62,645	$0	$0	$62,645
GS VINTAGE VI OFFSHORE LP	P	$17,899	$0	$0	$17,899
LONE STAR REAL ESTATE FUND III (US) LP	P	$42,901	$0	$0	$42,901
PROPHET EQUITY II LP	P	$34,271	$0	$0	$34,271
NEW ENTERPRISE ASSOCIATES 15, LP	P	$1,504	$0	$0	$1,504
LONE STAR REAL ESTATE FUND IV (US) LP	P	$14,859	$0	$0	$14,859
NEW ENTERPRISE ASSOCIATES 16, LP	P	$5,518	$0	$0	$5,518
METRIC CP PRIVATE CAPITAL FUND III SCSP	P	$66,472	$0	$0	$66,472
SYCAMORE PARTNERS III-A LP	P	$115,651	$0	$0	$115,651
ORION EUROPEAN REAL ESTATE FUND V SLP	P	$41,682	$0	$0	$41,682
LONE STAR REAL ESTATE FUND VI	P	$70,684	$0	$0	$70,684
WELLINGTON CTF DURABLE COMPANIES	P	$3,500,000	$924,788	$924,788	$2,575,212
HIGHCLERE INT'L SMALLER CO. FUND	P	$3,500,000	$512,888	$512,888	$2,987,112
KABOUTER INT'L OPPOR. OFFSH. FUND II LTD	P	$5,000,000	$1,612,987	$1,612,987	$3,387,013
DC CAPITAL PARTNERS FUND II LP	P	$36,759	$0	$0	$36,759
EDGBASTON ASIAN EQUITY	P	$2,000,000	$124,933	$124,933	$1,875,067
FARALLON CAP MGT LLC	P	$31,473	$3,220	$3,220	$28,253
THIRD POINT OFFSHORE	P	$1,874,197	$713,501	$713,501	$1,160,696
HITCHWOOD CAPITAL FUND LTD	P	$1,750,000	$1,112,865	$1,112,865	$637,135
SENATOR GLOBAL OPPORT. OFFSHORE FUND II	P	$2,500,000	$582,666	$582,666	$1,917,334
SOMERSET GLOBAL EMERGING MARKETS	P	$6,000,000	$229,683	$229,683	$5,770,317
BRACEBRIDGE BIL, LTD.	P	$1,753,032	$274,691	$274,691	$1,478,341
PFM HEALTHCARE EMERGING GROWTH OFFSHORE	P	$2,500,000	-$608,793	-$608,793	$3,108,793
LAV BIOSCIENCES FUND V, L.P.	P	$8,856	$0	$0	$8,856
WELLINGTON INTERNATIONAL RESEARCH EQUITY	P	$15,000,000	-$488,614	-$488,614	$15,488,614
FVP OVERSEAS	P	$1,022,326	$1,022,326	$1,022,326
HIGHFIELDS CAPITAL IV LP	P	$8,636	$8,636	$8,636
OWL CREEK OPPORTUNITIES FUND LP	P	$1,192,777	$1,192,777	$1,192,777
GAIN ON SALE OF LILIUOKALANI GARDENS	P	$311,000	$300,853	$300,853	$10,147
GAIN ON SALE OF WAIKIKI BANYAN	P	$2,106,500	$1,980,599	$1,980,599	$125,901
GAIN ON SALE OF FOSTER TOWERS	P	$632,800	$613,233	$613,233	$19,567
GAIN ON SALE OF KONA SEA VILLAS APT G4	P	$675,000	$43,179	$43,179	$631,821
GAIN ON SALE OF WAHIAWA	P	$800,000	$6,104	$6,104	$793,896
DISTRIBUTION IN EXCESS OF BASIS CA RESOURCES FUND #35	P	$3,267	$3,267	$3,267
DISTRIBUTION IN EXCESS OF BASIS EDGBASTON ASIAN EQUITY	P	$2	$2	$2
DISTRIBUTION IN EXCESS OF BASIS LONE STAR EUROPE HOLDINGS	P	$2,757	$2,757	$2,757
DISTRIBUTION IN EXCESS OF BASIS THIRD POINT OFFSHORE	P	$2,508,589	$2,508,589	$2,508,589
DISTRIBUTION IN EXCESS OF BASIS WELLINGTON TRUST COMPANY	P	$200,634	$200,634	$200,634
FROM K-1: ELECTRIC CAPITAL FUND I	P	$20,427	$20,427	$20,427
FROM K-1: ELECTRIC CAPITAL FUND I	P	$4,962	$4,962	$4,962
FROM K-1: METROPOLITAN REAL ESTATE PARTNERS IV-A, LP - 1231	P		-$81	-$81	$81
FROM K-1: WELLINGTON TRUST CTF DURABLE COMPANIES PORTFOLIO - SUSPENDED LOSS	P	$41,343	$41,343	$41,343
LOSS (EXPENSES) RELATED TO HALONA	P		-$34,658	-$34,658	$34,658
LOSS ON AC REPAIR FOR KSV	P		-$7,919	-$7,919	$7,919
LOSS ON DISPOSAL OF KP ASSET 5117	P		-$417	-$417	$417
LOSS ON DISPOSAL OF TREE ASSET 4932	P		-$44	-$44	$44
LOSS ON DISPOSAL OF TKIC ASSET	P		-$2,232	-$2,232	$2,232
LOSS ON DISPOSAL OF KIPUKA KONA ASSET 4954	P		-$78	-$78	$78
LOSS ON DISPOSAL OF KIPUKA MAUI ASSET 5020	P		-$42	-$42	$42
LOSS ON DISPOSAL OF WAIANAE ASSETS	P		-$2,367	-$2,367	$2,367
LOSS ON DISPOSAL OF HONOLULU ASSETS	P		-$2,513	-$2,513	$2,513
FROM K-1: COMMONFUND DISTRESSED DRBT PARTNERS II LP - LOSS ON DISPOSAL	P		-$564,971	-$564,971	$564,971
FROM K-1: DOUGLAS EMMETT - LOSS ON DISPOSAL	P		-$129,280	-$129,280	$129,280
FROM K-1: HIGHCLERE INTERNATIONAL - LOSS ON DISPOSAL	P		-$2	-$2	$2
CAPITAL GAINS DIVIDENDS	P	$3,844,183	$3,844,183	$3,844,183

Field	Value	IRS element (for citing)
Capital Gain Net Income	$31,002,339	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$3,688,689	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Exempt Operating Foundations	Yes (X)	ExemptOperatingFoundationsInd
Ruling Letter	1974-07-22	RulingLetterDt
Not Applicable	N/A	NotApplicableCd
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$0	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Tax Due	$0	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	HI	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (1)	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	WWW.ONIPAA.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	LILIUOKALANI TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8082036150	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1100 ALAKEA ST SUITE 1100	AddressLine1Txt
City	HONOLULU	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96813	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
CLAIRE L ASAM
1132 BISHOP STREET SUITE 1890	HONOLULU	HI	96813	TRUSTEE	40.00	$230,870	$65	$0
THOMAS K KAULUKUKUI JR
1132 BISHOP STREET SUITE 1890	HONOLULU	HI	96813	TRUSTEE	7.00	$189,110	$65	$0
PATRICK KSL YIM
1132 BISHOP STREET SUITE 1890	HONOLULU	HI	96813	TRUSTEE	7.00	$189,110	$65	$0
ROBERT OZAKI
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	PRESIDENT & CEO	40.00	$793,361	$29,113	$0
LEEANN SILVA
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	VICE PRESIDENT	40.00	$617,447	$24,080	$0
DAWN HARFLINGER
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	EXECUTIVE VICE PRESIDENT & COO	40.00	$355,432	$23,874	$0
MICHELLE AKINA
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	VICE PRESIDENT, CHIEF PROG	40.00	$302,336	$18,125	$0
MERCEDES LANZA
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	VICE PRESIDENT & CAO	40.00	$260,494	$27,237	$0
JULI TORIGOE
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	VICE PRESIDENT & CFO	40.00	$240,275	$26,786	$0
ALAN ARAKAWA
1100 ALAKEA STREET SUITE 1100	HONOLULU	HI	96813	VICE PRESIDENT	40.00	$124,429	$6,373	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
BARBARA KALIPI
QLT - 1100 ALAKEA ST STE 1100	HONOLULU	HI	96813	SENIOR PROGRAM ADVIS	40.00	$340,454	$14,905	$0
DEAN PANG
QLT - 1100 ALAKEA ST STE 1100	HONOLULU	HI	96813	CHIEF INFORMATION OF	40.00	$275,219	$15,545	$0
IRIS KAUKA
QLT - 1100 ALAKEA ST STE 1100	HONOLULU	HI	96813	QUALITY ASSURANCE DI	40.00	$257,467	$6,409	$0
CHIEMI DAVIS
QLT - 1100 ALAKEA ST STE 1100	HONOLULU	HI	96813	EXECUTIVE DIRECTOR	40.00	$227,981	$25,649	$0
MICHAEL SHIBATA
QLT - 1100 ALAKEA ST STE 1100	HONOLULU	HI	96813	DIRECTOR, REAL ESTAT	40.00	$214,842	$30,223	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	147	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
CAMBRIDGE ASSOCIATES LLC
100 SUMMER STREET SUITE 1300	BOSTON	MA	02110	INVESTMENT ADVISORY SERVICES	$1,250,018
MONARCH INSURANCE SERVICES
677 ALA MOANA BLVD 500	HONOLULU	HI	96813	INSURANCE SERVICES	$988,212
J KADOWACKI INC
518 AHUI ST	HONOLULU	HI	96813	GENERAL CONTRACTING	$909,654
GATESIDE INC
522 AHUI STREET	HONOLULU	HI	96813	GENERAL CONTRACTING	$641,878
MITHUN
1201 ALASKAN WAY SUITE 200	SEATTLE	WA	98101	DESIGN FIRM	$540,999

Field	Value	IRS element (for citing)
Contractor Paid Over50k	34	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	THE PROGRAM GOAL OF THE TRUST IS TO SERVE ORPHAN AND DESTITUTE KAMALI'I AND THEIR FAMILIES. THE FOCUS IS ON STRENGTHENING FAMILIES SO THEY CAN RAISE HEALTHY, RESILIENT CHILDREN. THE TRUST ACCOMPLISHES THIS BY CREATING HIGH-IMPACT PROGRAMS AND SERVICES, AND WORKING WITH OTHERS IN THE COMMUNITY TO CHANGE THE SYSTEM THAT KEEPS THE MOST VULNERABLE INDIVIDUALS TRAPPED IN A CYCLE OF LIMITED OPTIONS. THIS WORK IS CARRIED OUT BY A STAFF OF APPROXIMATELY 147 EMPLOYEES THAT INCLUDE SOCIAL WORKERS, ADMINISTRATIVE AND SUPPORT STAFF OPERATING FROM MULTIPLE OFFICES THROUGHOUT THE STATE. IN 2020 THE TRUST PROVIDED DIRECT SERVICES TO 1,526 KAMALI'I, AND REACHED 46 KAMALI'I VIA COMMUNITY ACTIVITIES.AMOUNTS PAID TO ACCOMPLISH CHARITABLE PURPOSES 25,193,923AMOUNTS PAID TO ACQUIRE ASSETS USED FOR CHARITABLE PURPOSE 8,370,538AMOUNTS SET ASIDE FOR CHARITABLE PROJECTS 6,500,000TOTAL AMOUNTS PAID FOR CHARITABLE PURPOSES 40,064,461	Description1Txt
Expenses1	$40,064,461	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	THE TRUST ENTERED INTO AN UNSECURED LOAN AGREEMENT (A FORM OF A PROGRAM RELATED INVESTMENT TO ANOTHER TAX-EXEMPT ORGANIZATION) TO LEND $250,000 TO AN UNRELATED THIRD-PARTY.	Description1Txt
Expenses1	$250,000	Expenses1Amt
Total	$250,000	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$510,701,902	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$3,565,000	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$566,360,675	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,080,627,577	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,080,627,577	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$16,209,414	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,064,418,163	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$53,220,908	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$25,193,923	ExpensesAndContributionsAmt
Program Related Invst Total	$250,000	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$8,370,538	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$6,500,000	SetAsideSuitabilityTestAmt
Qualifying Distributions	$40,314,461	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$40,314,461	AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Private Operating Fndtn Ruling	1974-07-22	PrivateOperatingFndtnRulingDt
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$13,554,147	CurrentYearAmt
Year1	$13,611,658	Year1Amt
Year2	$20,912,645	Year2Amt
Year3	$20,902,338	Year3Amt
Total	$68,980,788	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$11,521,025	CurrentYearAmt
Year1	$11,569,909	Year1Amt
Year2	$17,775,748	Year2Amt
Year3	$17,766,987	Year3Amt
Total	$58,633,670	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$40,314,461	CurrentYearAmt
Year1	$30,388,785	Year1Amt
Year2	$39,489,648	Year2Amt
Year3	$31,030,792	Year3Amt
Total	$141,223,686	TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

Field	Value	IRS element (for citing)
Current Year	$117,500	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$117,500	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$40,196,961	CurrentYearAmt
Year1	$30,388,785	Year1Amt
Year2	$39,489,648	Year2Amt
Year3	$31,030,792	Year3Amt
Total	$141,106,186	TotalAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$35,480,605	CurrentYearAmt
Year1	$22,877,447	Year1Amt
Year2	$25,331,317	Year2Amt
Year3	$24,818,232	Year3Amt
Total	$108,507,601	TotalAmt

Total Support TotalSupportGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Public Support Type PublicSupportType

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Largest Support From EO LargestSupportFromEOGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
HAWAII FOODBANK INC
2611 KILIHAU STREET	HONOLULU	HI	96819	NONE	PC	MATCHING DONATIONS TO FIGHT HUNGER FOR COVID RELIEF	$15,000
MAUI FOOD BANK INC
760 KOLU ST	WAILUKU	HI	96793	NONE	PC	MATCHING DONATIONS TO FIGHT HUNGER FOR COVID RELIEF	$15,000
HAWAII FOODBANK INC - KAUAI BRANCH
4241 HANAHAO PLACE STE 101	LIHUE	HI	96766	NONE	PC	MATCHING DONATIONS TO FIGHT HUNGER FOR COVID RELIEF	$30,000
THE FOOD BASKET INC
40 HOLOMUA STREET	HILO	HI	96720	NONE	PC	MATCHING DONATIONS TO FIGHT HUNGER FOR COVID RELIEF	$40,000
LHES FOUNDATION
PO BOX 630633	LANAI CITY	HI	96731	NONE	PC	EDUCATE STUDENTS ABOUT FACEMASKS, NECESSARY TO PROTECT AGAINST COVID 19	$1,000
HAWAII PONOI FOUNDATION
415-C ULUNIU ST	KAILUA	HI	96734	NONE	PC	SPONSOR HAWAIIAN HISTORY MONTH. TO EDUCATE GENERAL PUBLIC AND CELEBRATE HISTORY OF QUEEN LILI'UOKALANI AND HAWAIIAN HISTORY IN GENERAL	$5,000
ADULT FRIENDS FOR YOUTH
3375 KOAPAKA STREET B290	HONOLULU	HI	96819	NONE	PC	SPONSOR GRANTEE'S ANNUAL FUNDRAISER TO RAISE SUPPLEMENTAL FUNDS TO PROVIDE SERVICES FOR AT-RISK YOUTH	$3,000
ROTARY CLUB OF DOWNTOWN HONOLULU
PO BOX 1077	HONOLULU	HI	96813	NONE	501(C)(4)	SUPPORT GRANTEE'S FUNDRAISER FOR CENTRAL MIDDLE SCHOOL IN HONOLULU, HI	$1,000
HAWAII ALLIANCE FOR ARTS EDUCATION
PO BOX 3948	HONOLULU	HI	96812	NONE	PC	SUPPORT GRANTEE'S FUNDRAISER FOR GENERAL OPERATIONS	$600
LUNALILO HOME
501 KAKAULUOHI ST	HONOLULU	HI	96825	NONE	POF	SUPPORT GRANTEE'S ANNUAL FUNDRAISER TO BENEFIT RESIDENTS	$3,000
WAIKIKI COMMUNITY CENTER
310 PAOAKALANI AVE	HONOLULU	HI	96815	NONE	PC	SUPPORT GRANTEE'S ANNUAL FUNDRAISER TO BENEFIT WAIKIKI COMMUNITY CENTER'S GENERAL OPERATIONS	$3,000
TAU DANCE THEATER
PO BOX 1878	HONOLULU	HI	96805	NONE	PC	SUPPORT GRANTEE'S BLACK & WHITE ADVERTISEMENT REGARDING INDIGENUITY PROGRAM	$550

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$117,150	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,191,181	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,619,878	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$11,154,807	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$19,219,687	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
OTHER INCOME - INVESTMENT INCOME	14	$3,330,395
OTHER INCOME - LATE FEES	16	$67,364

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$37,583,312	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$37,583,312	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARY ALLINES GLOVER TRUST	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	4752 ALIOMANI RD	AddressLine1Txt
City	ANAHOLA	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96703	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$1,185,000	TotalContributionsAmt
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	RESIDENTIAL REAL ESTATE, ANALOHA, HAWAII, 96703	NoncashPropertyDesc
Fair Market Value	$1,185,000	FairMarketValueAmt
Received	2020-12-31	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$139,479	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$139,479	DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (4 entries)

IdentifierIdentifierTxt	Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
ACCUMULATED DEPRECIATION	FORM 990-PF, PART II, LINE 11	BEGINNING A/D - LAND - INVESTMENT 0 BEGINNING A/D - BUILDING & LAND IMPROVEMENTS - INVESTMENT 26,469,010 BEGINNING A/D - CIP - INVESTMENT 0 ----------- BEGINNING A/D - INVESTMENT ASSETS 26,469,010 =========== ENDING A/D - LAND - INVESTMENT 0 ENDING A/D - BUILDING & LAND IMPROVEMENTS - INVESTMENT 28,245,048 ENDING A/D - CIP - INVESTMENT 0 ---------- ENDING A/D - INVESTMENT ASSETS 28,245,048 ==========
ACCUMULATED DEPRECIATION	FORM 990-PF, PART II, LINE 14	BEGINNING A/D - FF&E - EXEMPT 4,452,451 BEGINNING A/D - LAND - EXEMPT 553,321 BEGINNING A/D - BLDG & IMP - EXEMPT 21,947,245 ---------- BEGINNING A/D - EXEMPT ASSETS 26,953,017 ========== ENDING A/D - FF&E - EXEMPT 3,851,372 ENDING A/D - LAND - EXEMPT 570,222 ENDING A/D - BLDG & IMP - EXEMPT 23,469,629 ---------- ENDING A/D - EXEMPT ASSETS 27,891,223 ==========
ELECTION(S) UNDER SECTION 987	FORM 990-PF	FOR THE TAX YEAR ENDING DECEMBER 31, 2020, THE TAXPAYER ELECTS UNDER PROPOSED REGULATION SECTION 1.987-1(B)(1)(II) TO NOT APPLY THE PROPOSED SECTION 987 REGULATIONS FOR PURPOSES OF TAKING INTO ACCOUNT CERTAIN ITEMS OF GAIN OR LOSS IF THE INDIVIDUAL OR CORPORATION OWNS, DIRECTLY OR INDIRECTLY, LESS THAN 5% OF EITHER THE TOTAL CAPITAL OR THE TOTAL PROFITS INTERET IN THE FOREIGN PARTNERSHIP.
OTHER INCOME	FORM 990-PF, PART I, LINE 11(B) & 11(C)	OTHER INCOME - PART I, LINE 11(A) 3,397,759 LESS: LEASE PREMIUMS FOR TAX NOT RECOGNIZED FOR BOOK (46,526) LESS: OTHER INVESTMENT INCOME FOR BOOK NOT TAX (3,289,902) PLUS: PASSTHROUGH INCOME FROM SCH. K-1S ACR III FEEDER C, LP 9,175ACREW CAPITAL FUND, LP 2,486ATLAS CAPITAL RESOURCES III LP 814ABERDEEN ENERGY & RESOURCES PARTNERS II (21,388)ABERDEEN ENERGY & RESOURCES PARTNERS III (18,455) BLACKSAND CAPITAL OPPORTUNITY FUND I, L.P. (5,382)BLACKSAND CAPITAL OPPORTUNITY FUND II, L.P. (13,122)BRAZIL OPPORTUNITY GROWTH PARTNERS III A, LP (721)CA RESOURCES FUND (U.S. TAX EXEMPT) L.P. - SERIES BAIN X #35 2CA RESOURCES FUND (U.S. TAX EXEMPT) L.P. - SERIES BAIN X #36 119CAMBRIDGE ASSOCIATES LLC 196,087CENTERGATE CAPITAL PARTNERS I, LP (3,971)COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII, LP 9,057COMMONFUND CAPITAL NATURAL RESOURCES V, L.P. (1,926) DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P. 80,005DC CAPITAL PARTNERS FUND II, LP 6,183DODDINGTON EMERGING MARKETS FUND, LLC 252,514DOUGLAS EMMETT PARTNERSHIP X, LP 1,332ELECTRIC CAPITAL VENTURE FUND I 15,477ENCAP ENERGY CAPITAL FUND XI-C, LP 24,199FARALLON CAPITAL INSTITUTIONAL PARTNERS, LP (255)FELICIS VENTURES VI (740)FELICIS VENTURES VII, LP 411FINEPOINT CAPITAL PARTNERS II 267,942FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP (292)GQG PARTNERS INTERNATIONAL EQUITY FUND 250,798GS VINTAGE VII AIV OFFSHORE SCSP 1,432HARVEST MLP INCOME FUND II 84,983H.I.G. GROWTH BUYOUTS & QUITY FUND III, LP (5,981)HIGHCLERE INTERNATIONAL INVESTORS 6,647HIGHFIELDS CAPITAL IV LP (74,721)HEALTHCARE ROYALTY PARTNERS III, LP 9,199ICON VENTURES 285JACKSON SQURE VENTURES III, LP (25) K4 PRIVATE INVESTORS, LP (1,476)KPS SPECIAL SITUATIONS FUND V (A), LP 536LAV BIOSCIENCES FUND V, L.P. 1,266LEGACY VENTURE (5,993) LEVEL EQUITY GROWTH PARTNERS III, LP (2,210)LEVEL EQUITY GROWTH PARTNERS III AIV (B), LP (16)LEVEL EQUITY GROWTH PARTNERS IV, LP (4,403)LONE STAR EUROPE HOLDINGS (U.S.), LP (2,261)LONE STAR FUND VI (U.S.), LP 30,516 LONE STAR FUND VII (U.S.), L.P. (594) LONE STAR FUND VIII (U.S.), L.P. (758)LONE STAR FUND X (US), L.P (4,585)LONE STAR FUND XI, L.P. (2,923)LONE STAR REAL ESTATE FUND II (U.S.), L.P. 446LONE STAR REAL ESTATE FUND III (U.S.), L.P. (5,363)LONE STAR REAL ESTATE FUND IV (U.S.), L.P. 9,146LONE STAR REAL ESTATE FUND VI, LP 65,737LONE STAR US INVESTMENTS, LP 42,238LSF X U.S. HOLDINGS, LP 508LSF XI BRAZIL HOLDINGS I, LP 1,528MADISON INTERNATIONAL REAL ESTATE LIQUIDITY FUND V (381)MCP PRIVATE CAPITAL (FEEDER) FUND II 41,857METROPOLITAN REAL ESTATE PARTNERS GLOBAL II LP (1,154)METROPOLITAN REAL ESTATE PARTNERS GLOBAL III LP (1,455) METROPOLITAN REAL ESTATE PARTNERS IV-A LP (697) NATURAL GAS PARTNERS IX, L.P. (1,865)NEW ENTERPRISE ASSOCIATES 15 (1,040)NEW ENTERPRISE ASSOCIATES 16 (1,257) NORTHGATE GLOBAL EMERGING MARKETS LP 84 NORTHGATE IV, L.P. (2,071) NORTHGATE PRIVATE EQUITY PARTNERS II (Q) LP (380)NORTHGATE PRIVATE EQUITY PARTNERS III LP 390NORTHGATE VENTURE PARTNERS III, L.P. (366)OLYMPUS GROWTH FUND VII PARALLEL LP 15,627OWL CREEK MGM FUND, LP (2)OWL CREEK MGM FUND, LP - 10.2019 (76)OWL CREEK OPPORTUNITIES FUND LP 6,387PARK STREET CAPITAL NATURAL RESOURCE FUND III AIV LP (40) PARK STREET CAPITAL NATURAL RESOURCE FUND III LP (717)PARK STREET CAPITAL NATURAL RESOURCE FUND IV LP (3,122) PARK STREET CAPITAL NATURAL RESOURCE FUND V LP 7,085POLYCHAIN FUND I, LP 36,300PROPHET EQUITY II (19,076) RESOURCE CAPITAL FUND VII LP (516)ROUND HILL MUSIC ROYALTY FUND LP (25,485)ROUND HILL MUSIC ROYALTY FUND II, LP (26,303)SANDERS CAPITAL ALL ASSET VALUE FUND, L.P. - SERIES 1 230,544SILCHESTER INTERNATIONAL VALUE EQUITY TRUST 1,147,002SILVER LAKE PARTNERS VI, LP (510)SOMERSET GEM FUND LLC 41,128STANDARD CRYPTO FLAGSHIP FUND LP 1,144STRATEGIC INVESTORS FUND VIII, LP (137)SVB STRATEGIC INVESTORS FUND VI, LP 9,326 U.S. FARMING REALTY TRUST II, LP 672US RESEARCH EQUITY EXTENDED FUND, LP 246,599WELLINGTON INTERNATIONAL RESEARCH EQUITY FUND 21,732WELLINGTON TRUST CTF DURABLE COMPANIES PORTFOLIO 18,950WELLINGTON TRUST CTF ENERGY PORTFOLIO 327,638WELLINGTON TRUST CTF MICRO CAP EQUITY PORTFOLIO 106,906 WOODBOURNE CANADIAN PARTNERS II (21,944)XFUND 2, LP [CLASS A] (603)XFUND 2, LP [CLASS B] (1,060) PUBLICLY TRADED PARTNERSHIP ACTIVITY (4) PASSIVE OTHER INCOME (LOSS) 10,680 PRIOR YEAR PASSIVE LOSS RELEASED - FINAL YEAR (42,264)TOTAL OTHER INCOME TO LINE 11(B) & 11(C) 3,415,431

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
EQUITY SECURITIES	$182,858,260	$182,858,260
OTHER	$367,995,600	$376,609,476

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$342,030	LegalFeesAmt
Net Investment Income	$233,768	NetInvestmentIncomeAmt
Adjusted Net Income	$233,768	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$149,777	DisbursementsCharitablePrpsAmt

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Note Payable NotePayableGrp (6 entries)

Insider RelationshipInsiderRelationshipTxt	Loan OriginalLoanOriginalAmt	Balance DueBalanceDueAmt	NoteNoteDt	Loan MaturityLoanMaturityDt	Repayment TermsRepaymentTermsTxt	InterestInterestRt	Security Provided BorrowerSecurityProvidedBorrowerTxt	Loan PurposeLoanPurposeTxt
BANK OF HAWAII
NONE	$1,300,000	$791,450	2004-09	2022-07	$5,178.00 MONTHLY PAYMENTS	2.500000000000	FIXED INCOME SECURITY INVESTMENT	FINANCE PURCHASE OF AND IMPROVEMENTS TO OFFICE SPACE AT 1100 ALAKEA ST.
BANK OF HAWAII
NONE	$1,350,000	$968,111	2008-02	2023-11	$6,455 MONTHLY PAYMENTS	2.500000000000	FIXED INCOME SECURITY INVESTMENT	FINANCE PURCHASE OF AND IMPROVEMENTS TO WILI PA LOOP PROJECT
BANK OF HAWAII
NONE	$5,000,000	$3,739,969	2012-06	2022-07	$24,314.00 MONTHLY PAYMENTS	2.500000000000	FIXED INCOME SECURITY INVESTMENT	PAY DOWN REVOLVING CREDIT LINE & REIMBURSE BORROWER FOR WAIANAE EXPENDITURES
BANK OF HAWAII
NONE	$5,500,000	$4,910,704	2015-12	2025-12	$24,544.00 MONTHLY PAYMENTS	2.500000000000	FIXED INCOME SECURITY INVESTMENT	FINANCE PURCHASE OF LEIHANO PROJECT
BANK OF HAWAII
NONE	$768,000	$723,161	2018-03	2048-03	$3,779.00 MONTHLY PAYMENTS	3.000000000000	FIXED INCOME SECURITY INVESTMENT	FINANCE PURCHASE OF CAPITOL PLACE CONDOMINIUM
BANK OF HAWAII
NONE	$2,512,500	$2,481,632	2020-04	2030-05	$12,112.00 MONTHLY PAYMENTS	3.000000000000	FIXED INCOME SECURITY INVESTMENT	FINANCE PURCHASE OF LEIHANO LOT 16

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
STRAIGHT-LINE RENT RECEIVABLE	$18,165,720	$18,442,163	$18,442,163
INVESTMENT RECEIVABLE	$2,709,802	$812,742	$812,742

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FINANCIAL ASSISTANCE	$744,444	$0	$0	$736,380
PARTNERSHIPS AND COLLABORATIONS	$535,087	$0	$0	$526,695
REPAIRS & MAINTENANCE	$908,910	$139,197	$139,197	$788,247
SUPPLIES	$236,627	$49,695	$49,695	$184,460
UTILITIES	$382,752	$42,661	$42,661	$339,787
INFORMATION TECHNOLOGY	$753,171	$213,232	$213,232	$523,915
TELEPHONE	$454,391	$33,536	$33,536	$428,248
INSURANCE	$1,108,855	$241,830	$241,830	$867,025
EQUIPMENT RENTAL	$266,708	$42,771	$42,771	$223,858
EDUCATION	$86,586	$23,709	$23,709	$61,877
DUES	$36,687	$14,153	$14,153	$22,535
REAL ESTATE GENERAL	$629,658	$629,658	$629,658	$13,284
REAL ESTATE MANAGEMENT FEES	$120,695	$120,695	$120,695	$521
LEASING COMMISSION	$39,877	$39,877	$39,877	$0
BAD DEBT EXPENSE	$91,878	$91,878	$91,878	$0
UNRELATED BUSINESS INCOME	$352,536	$0	$209,561	$0
LOSS ON IMPAIRMENT OF PROPERTY & EQUIPMENT	$19,646,662	$0	$0	$0
OTHER EXPENSES	$662,388	$261,848	$261,848	$403,392

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME - INVESTMENT INCOME	$3,330,395	$3,330,395
OTHER INCOME - LATE FEES	$67,364	$67,364

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
NET UNREALIZED GAIN/(LOSS) ON INVESTMENTS	$70,189,247
FASB STATEMENT 158 ADJUSTMENT	$24,885

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
ACCRUED VACATION	$1,425,675	$80,705
ACCRUED POSTRETIREMENT BENEFITS	$1,460,692	$1,473,094

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT SERVICES	$152,329	$152,329	$152,329	$0
OTHER PROFESSIONAL FEES	$2,958,833	$945,315	$945,315	$1,956,869

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
REAL PROPERTY TAX	$4,398,039	$4,157,768	$4,157,768	$298,472
HAWAII GENERAL EXCISE TAX	$1,282,910	$1,282,910	$1,282,910	$0
INCOME & FOREIGN TAX	$111,048	$111,048	$111,048	$0