2013-05-14T18:34:05-05:00 2012-06-30 861065772 DELOITTE TAX LLP 1132 BISHOP STREET SUITE 1200 HONOLULU HI 96813 990 2011-07-01 990073480 TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP TRUS 8085236200 PO BOX 3466 HONOLULU HI 96801 DEE JAY MAILER 8085236200 2013-04-08 0 GREGG K FURUYA P00290855 8085430700 2011 2016-02-24 21:20:13Z KAMEHAMEHA SCHOOLS DEE JAY MAILER 567 SOUTH KING STREET HONOLULU HI 96813 4659005465 0 X WWW.KSBE.EDU X 1887 HI KAMEHAMEHA SCHOOLS' MISSION IS TO FULFILL PAUAHI'S DESIRE TO CREATE EDUCATIONAL OPPORTUNITIES IN PERPETUITY TO IMPROVE THE CAPABILITY AND WELL-BEING OF PEOPLE OF HAWAIIAN ANCESTRY. 5 1 3619 2000 6498749 3050178 10000 0 28516135 29715812 390274910 296062823 105241145 118319876 524042190 444098511 62735827 63385646 0 0 163346847 174551433 0 0 0 138171863 149622818 364254537 387559897 159787653 56538614 7277105989 7199282096 429325895 521255251 6847780094 6678026845 X KAMEHAMEHA SCHOOLS' MISSION IS TO FULFILL PAUAHI'S DESIRE TO CREATE EDUCATIONAL OPPORTUNITIES IN PERPETUITY TO IMPROVE THE CAPABILITY AND WELL-BEING OF PEOPLE OF HAWAIIAN ANCESTRY. 0 0 280274794 63385646 29715812 KAMEHAMEHA SCHOOLS WAS ESTABLISHED UNDER THE WILL AND CODICILS OF BERNICE PAUAHI BISHOP IN 1887 AND IS NOW ONE OF THE LARGEST SCHOOLS IN THE UNITED STATES SERVING GRADES KINDERGARTEN THROUGH 12 AND 31 PRESCHOOLS. FOR OVER ONE HUNDRED AND TWENTY-FIVE YEARS, KAMEHAMEHA SCHOOLS HAS CONTINUOUSLY PROVIDED QUALITY EDUCATION, GIVING PREFERENCE TO STUDENTS OF HAWAIIAN ANCESTRY TO THE EXTENT PERMITTED BY LAW (SEE SCHEDULE O FOR ADDITIONAL INFORMATION ON PROGRAM SERVICE ACCOMPLISHMENTS).AS OF JUNE 30, 2012, THE OVERALL FAIR VALUE OF KAMEHAMEHA SCHOOLS' ENDOWMENT WAS APPROXIMATELY $9.2 BILLION. THE FAIR VALUE EXCLUDES NON-INVESTMENT RELATED ASSETS, SUCH AS EDUCATIONAL, ADMINISTRATIVE, AND AGRICULTURAL AND CONSERVATION ASSETS AND IS USED FOR TRUST SPENDING PURPOSES.FOR THE FISCAL YEAR ENDED JUNE 30, 2012, KAMEHAMEHA SCHOOLS SPENT APPROXIMATELY $263 MILLION ON EDUCATIONAL PROGRAMS AND EDUCATIONAL SUPPORT, WITH $111 MILLION SPENT ON COMMUNITY-FOCUSED PROGRAMS AND $145 MILLION SPENT ON CAMPUS-BASED PROGRAMS. THESE FINANCIAL RESOURCES ENABLED KAMEHAMEHA SCHOOLS TO EXTEND ITS EDUCATIONAL REACH TO MORE HAWAIIANS THROUGH ITS EDUCATION STRATEGIC PLAN, ADOPTED IN 2005 AND BASED ON THE KAMEHAMEHA SCHOOLS STRATEGIC PLAN 2000-2015. FISCAL YEAR 2012 WAS THE SEVENTH YEAR OF THE 10-YEAR EDUCATION STRATEGIC PLAN, AND THE NUMBER OF CHILDREN AND FAMILIES IMPACTED BY KAMEHAMEHA'S CAMPUS AND COMMUNITY PROGRAMS INCREASED BY ABOUT ONE PERCENT, FROM APPROXIMATELY 46,900 LEARNERS TO MORE THAN 47,400 LEARNERS. NEARLY 13,500 PARENTS AND CAREGIVERS WERE PROVIDED TRAINING AND SUPPORT FOR FAMILIES AND CAREGIVERS OF CHILDREN IN THE PRENATAL-TO-POST HIGH COMMUNITY.PRENATAL TO 8 YEARS OF AGE:KAMEHAMEHA SCHOOLS SERVED MORE THAN 16,000 KEIKI AGES 0-8 AND THEIR PARENTS AND CAREGIVERS THROUGH ITS KS CENTER-BASED PRESCHOOLS, PRESCHOOL SCHOLARSHIPS, LITERACY INSTRUCTION AND VARIOUS EDUCATIONAL COLLABORATIONS. THAT NUMBER INCLUDED MORE THAN 1,500 STUDENTS AT 31 KS PRESCHOOL SITES ACROSS THE STATE AND NEARLY 4,000 STUDENTS SERVED THROUGH COMMUNITY COLLABORATIONS. OVER 2,500 PAUAHI KEIKI SCHOLARSHIPS WERE AWARDED TOTALING ALMOST $15 MILLION.GRADES 4 THROUGH POST-HIGH:KAMEHAMEHA SCHOOLS SERVED MORE THAN 9,000 LEARNERS THROUGH ITS EXTENSION EDUCATION AND DISTANCE LEARNING PROGRAMS SUCH AS THE EXPLORATIONS SERIES, KAMEHAMEHA SCHOLARS, 'IKE PONO AND CAREER & POST-HIGH COUNSELING. MORE THAN 2,050 POST-HIGH SCHOLARSHIPS WERE AWARDED TOTALING $14.3 MILLION AND MORE THAN 4,000 STUDENTS WERE SUPPORTED WITH $8 MILLION IN PER-PUPIL FUNDING AND SUPPORT TO 17 OF THE DEPARTMENT OF EDUCATION'S 31 PUBLIC CHARTER SCHOOLS. MORE THAN 1,700 NON-CAMPUS LEARNERS WERE ENROLLED IN CAMPUS-BASED SUMMER PROGRAMS.CAMPUS PROGRAMS:KAMEHAMEHA SCHOOLS EDUCATED MORE THAN 5,380 LEARNERS, INCLUDING GRADUATING ALMOST 690 SENIORS, AT CAMPUS PROGRAMS ON HAWAI'I, ON MAUI AND AT KAPALAMA. ORPHAN AND INDIGENT CHILDREN COMPRISED APPROXIMATELY 31 PERCENT OF STUDENTS INVITED TO CAMPUS PROGRAMS AND 26 PERCENT OF STUDENTS ENROLLED DURING FISCAL YEAR 2012.FOR MORE, INCLUDING A COPY OF KAMEHAMEHA SCHOOLS' AUDITED "CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES" FOR FISCAL YEAR 2012, PLEASE VISIT HTTP://WWW.KSBE.EDU/INDEX.PHP?TOPIC=ANNUALREPORTS. 280274794 1 0 0 1 0 1 0 1 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 X 844 0 3619 1 1 1 1 BR CI EZ EG GR IN ID JA MU PL KS TW TU 0 0 0 0 0 0 0 0 X 5 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X DEBORAH ERSKINE CONTROLLER 8085236200 567 SOUTH KING STREET SUITE 160 HONOLULU HI 968133036 X MICAH KANE 20.00 X 127504 0 0 J DOUGLAS ING 20.00 X 144004 0 0 DIANE PLOTTS - SEE SCH O 20.00 X 126004 0 0 JANEEN-ANN OLDS 20.00 X 108837 0 0 CORBETT KALAMA 20.00 X 147379 0 0 LANCE WILHELM - SEE SCH O 20.00 X 0 0 0 DEE JAY MAILER 50.00 X 602069 0 51119 KIRK BELSBY - SEE SCH O 50.00 X 752575 0 43623 ANN BOTTICELLI - SEE SCH O 50.00 X 138550 0 27452 COLLEEN WONG 50.00 X 259492 0 64332 D ROD CHAMBERLAIN 50.00 X 275036 0 52073 CHRISTOPHER PATING 50.00 X 414539 0 39202 SYLVIA HUSSEY 50.00 X 207789 0 50963 ERIC MARLER - SEE SCH O 50.00 X 275177 0 28610 BENJAMIN SALAZAR - SEE SCH O 50.00 X 154888 0 22632 ELIZABETH HOKADA - SEE SCH O 50.00 X 436782 0 112859 MARSHA BOLSON-SEE SCH O 50.00 X 152056 0 37824 MICHAEL CHUN - SEE SCH O 50.00 X 247881 0 61922 STANLEY FORTUNA JR - SEE SCH O 50.00 X 234755 0 47869 LEE ANN DELIMA 50.00 X 199139 0 41143 DARREL HOKE - SEE SCH O 50.00 X 227982 0 29825 BURTON YUEN - SEE SCH O 50.00 X 251676 0 44586 CHRISTIAN MILLAN 50.00 X 236257 0 23376 PAUL QUINTILIANI 50.00 X 376754 0 47497 SUSAN TODANI 50.00 X 226632 0 56356 PAUL KAY 50.00 X 246185 0 27195 M'LISS MOORE 50.00 X 249401 0 44589 C NAINOA THOMPSON 20.00 X 18667 0 0 6838010 0 955047 110 1 1 0 NORDIC PCL CORPORATION 1099 ALAKEA ST STE 1560 HONOLULU HI 96813 CONSTRUCTION SERVICES 38285693 LYLE HAMASAKI CONSTRUCTION 2130 BANNISTER PL HONOLULU HI 96819 CONSTRUCTION SERVICES 2439162 SECURITAS SECURITY SERVICES USA INC 1000 BISHOP ST STE 608 HONOLULU HI 96813 SECURITY GUARD SERVICES 2067011 ITC WATER MANAGEMENT INC PO BOX 458 HALEIWA HI 96712 WATER MANAGEMENT SERVICES 1993466 HAWAIIAN BUILDING MAINTENANCE 1001 BISHOP ST STE 955 HONOLULU HI 96813 JANITORIAL SERVICES 1887206 222 TUITION 611600 14510865 14510865 FOOD SERVICES 611600 7319890 7319890 STUDENT FEES 611600 6772071 6772071 CAMPUS OPERATION RECOV 611600 448093 448093 STUDENT STORE 611600 324849 324849 340044 282082 278 57684 29715812 63064147 4178419 58885728 74 74 247452545 136530040 110922505 110922505 110922505 4260533584 50556207 4077135406 955709 183398178 49600498 232998676 232998676 645234 285799 359435 359435 NET PREMIUMS EARNED 524126 2805388 2763056 42332 PARKING REVENUE 812930 1833961 1833961 ADVERTISING REVENUE 541800 213199 213199 2185314 1954754 230560 7037862 444098511 34375660 6498749 403224102 20421611 20421611 42964035 42964035 7086061 3889344 3196717 122978689 96611945 26366744 14769957 11412775 3357182 20090623 15524064 4566559 9626103 7438109 2187994 84170 84170 4009300 4009300 235460 235460 68544 68544 21115347 21115347 25932265 9338593 16593672 382527 1794 380733 11697238 7340338 4356900 11500521 928555 10571966 12133384 10948737 1184647 4224372 3375222 849150 1198866 780852 418014 7143697 7143697 561629 799643 -238014 27589828 25808921 1780907 71817 1452224 -1380407 REPAIRS & ALTERATIONS 6827795 6533595 294200 STUDENT EXPENSES 4907180 2606350 2300830 FOOD SERVICE 3572912 3572735 177 6365966 1381655 4984311 387559897 280274794 107285103 0 23167 25767 31960591 56285241 4346316 3571347 108620836 110130170 1456007874 548090335 868385989 907917539 2108834955 1711542101 4042325476 4325283021 112608659 84526910 7277105989 7199282096 61958998 62377636 23850730 22187151 206624762 272354046 136891405 164336418 429325895 521255251 X 6847780094 6678026845 6847780094 6678026845 7277105989 7199282096 X 56538614 -226291863 X 0 1 1 X 0 X 32 85743 85775 280189019 280274794 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 187825 111953 134460 85775 520013 250000 250000 250000 250000 1000000 1500000 282 4369 122 32 4805 3 34500 2123054 1 1 450000 X X X X 0 91061507 91061507 1236418879 507606310 728812569 61562884 40484025 21078859 66964604 66964604 907917539 HEDGE FUNDS 2644471000 F PRIVATE EQUITY FUNDS 1060647000 F COMMINGLED FUNDS 580747000 F OTHER 39418021 F 4325283021 ACCRUED POST RETIREMENT 41471389 ACCRUED PENSION LIABILITY 109464015 DEFERRED COMPENSATION PLAN 4760014 AMOUNTS PAYABLE FOR SECURITIES PURCHASED 8641000 164336418 PART III, LINE 4: THE KAMEHAMEHA SCHOOLS ART COLLECTION INCLUDES OVER 500 ART PIECES THAT HAVE BEEN PURCHASED, COMMISSIONED OR ACQUIRED THROUGH DONATIONS. THE PIECES RANGE FROM HISTORICAL TO CONTEMPORARY AND ENCOMPASS A BROAD SPECTRUM OF MEDIA INCLUDING SCULPTURE, DRAWING, PAINTING, PRINTING AND PHOTOGRAPHY. THE ART COLLECTION IS MANAGED BY THE KAMEHAMEHA SCHOOLS 'IKE HAWAI'I ART CONSORTIUM, A CAREFULLY SELECTED GROUP COMPOSED OF FACULTY AND STAFF MEMBERS FROM THROUGHOUT THE ORGANIZATION. THE PRIMARY FOCUS OF THE CONSORTIUM IS TO IDENTIFY WAYS TO SHARE THE KS ART COLLECTION FOR EDUCATIONAL PURPOSES AND TO CARE FOR THE COLLECTION. THE CONSORTIUM ALSO OVERSEES THE ACQUISITION OF NEW ART PIECES THROUGH DONATION OR ACQUISITION. KAMEHAMEHA SCHOOLS HAS IDENTIFIED THE FOLLOWING AS THE ROLE OF ART WITHIN THE INSTITUTION: TO INSPIRE AND EDUCATE TO FOSTER AN APPRECIATION AND RESPECT FOR ARTISTIC EXPRESSION TO EMBODY THE ESSENCE OF NATIVE HAWAIIAN LANGUAGE, CULTURE, HISTORY, TRADITIONS AND VALUES THE VAST COLLECTION SERVES AS A VALUABLE EDUCATIONAL RESOURCE FOR TEACHERS AND THEIR STUDENTS. PART X: LINE 2 FIN 48 (ASC 740) FOOTNOTE: THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS UTILIZING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AT JUNE 30, 2012, MANAGEMENT BELIEVES THERE WERE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS PUBLISHED ANNUALLY IN A NEWSPAPER PUBLISHED IN THE STATE OF HAWAII THAT HAS GENERAL CIRCULATION IN THE STATE. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS N/A 3983000 EAST ASIA AND THE PACIFIC INVESTMENTS N/A 704841000 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS N/A 1177854000 MIDDLE EAST AND NORTH AFRICA INVESTMENTS N/A 17274000 NORTH AMERICA INVESTMENTS N/A 1207738000 RUSSIA & THE NEWLY INDEPENDENT STATES INVESTMENTS N/A 3884000 SOUTH AMERICA INVESTMENTS N/A 84736000 SOUTH ASIA INVESTMENTS N/A 259818000 SUB-SAHARAN AFRICA INVESTMENTS N/A 48861000 0 0 0 0 0 0 3460128000 48861000 3508989000 1 0 1 1 1 0 STUDENT FUNDRAISING 645234 645234 300 943 3220 35425 245911 645234 645234 300 943 3220 35425 245911 285799 359435 1 HO'OKAKO'O CORPORATION PO BOX 37755 HONOLULU HI 96837 760717301 501(C)(3) 2871550 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS AHA PUNANA LEO INC 96 PUUHONU PL HILO HI 96720 990226111 501(C)(3) 2150600 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KANU O KA 'AINA LEARN OHANA PO BOX 6511 KAMUELA HI 96743 990352665 501(C)(3) 1799525 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS ALU LIKE 458 KEAWE ST HONOLULU HI 96813 510151095 501(C)(3) 1319926 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS FRIENDS OF THE LEEWARD COAST 92-1480 ALIINUI DR KAPOLEI HI 96707 200090779 501(C)(3) 1100500 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HAWAII DEPARTMENT OF EDUCATION PO BOX 2360 HONOLULU HI 96804 501(C)(3) 1073257 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS UNIVERSITY OF HAWAII 2500 CAMPUS RD HONOLULU HI 96822 501(C)(3) 1023758 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS PTRS IN DVLPMNT FOUNDATION 2040 BACHELOT ST HONOLULU HI 96817 943271325 501(C)(3) 803025 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS INST FOR NATIVE PACIFIC EDUC 1001 KAMOKILA BLVD STE 226 KAPOLEI HI 96707 990315193 501(C)(3) 734100 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KAKOO KA UMEKE INC 400 HUALANI ST STE 194 HILO HI 96720 432029008 501(C)(3) 667225 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS UNIVERSITY OF HAWAII AT HILO 200 W KAWILI ST HILO HI 96720 501(C)(3) 480220 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS MAKANA O LILOA FOUNDATION 401 WAIAKAMILO RD UNIT 1A HONOLULU HI 96817 050580950 501(C)(3) 474500 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS WAIPA FOUNDATION PO BOX 1516 HANALEI HI 96714 990313224 501(C)(3) 449903 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS BIG BROTHERS BIG SISTERS 418 KUWILI ST SUITE 106 HONOLULU HI 96817 990109970 501(C)(3) 430000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS PAEPAE O HEEIA PO BOX 6355 KANEOHE HI 96744 710903791 501(C)(3) 422000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HO'OULU LAHUI PO BOX 2177 PAHOA HI 96778 990323345 501(C)(3) 380625 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS PAPAHANA KUAOLA 41-888 KAKAINA ST WAIMANALO HI 96795 202565007 501(C)(3) 377017 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KUPU 3569 HARDING AVE STE C HONOLULU HI 96816 510652665 501(C)(3) 344971 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KAI LOA INC 45-037 KANEOHE BAY DR KANEOHE HI 96744 201632545 501(C)(3) 335750 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS SUPPTG THE LANGUAGE OF KAUAI PO BOX 245 LIHUE HI 96766 204088998 501(C)(3) 295225 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HAEYC HAWAII CHAPTER HONOLULU 1806 KING ST STE 30 HONOLULU HI 96826 237425746 501(C)(3) 261630 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KANU I KA PONO INC PO BOX 12 ANAHOLA HI 96703 990347359 501(C)(3) 256625 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KA HULI O HALOA PO BOX 1159 KANEOHE HI 96744 753115246 501(C)(3) 223600 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS GOOD BEGINNINGS ALLIANCE 33 S KING ST STE 200 HONOLULU HI 96813 943257650 501(C)(3) 213800 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS AFTER SCHOOL ALL STARS 4747 KILAUEA AVE HONOLULU HI 96816 274604870 501(C)(3) 210000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS MANA MAOLI 1110 UNIVERSITY AVE HONOLULU HI 96826 311783481 501(C)(3) 193665 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KAANA INC PO BOX 610 KEKAHA HI 96752 990349254 501(C)(3) 177825 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KA'ALA FARM INC PO BOX 630 WAIANAE HI 96792 990242181 501(C)(3) 176000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS EDITH KANAKA'OLE FOUNDATION 1500 KALANIANAOLE AVE HILO HI 96720 990294540 501(C)(3) 153825 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS MOLOKAI COMMUNITY SVC COUNCIL PO BOX 2047 KAUNAKAKAI HI 96748 237426312 501(C)(3) 142000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS ULU MAU PUANUI INC PO BOX 685 KAMUELA HI 96743 272218803 501(C)(3) 112500 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS THE KOHALA CENTER PO BOX 437462 KAMUELA HI 96743 990354676 501(C)(3) 110000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS STANFORD WOODS INSTITUTE 473 VIA ORTEGA STANFORD CA 94305 941156365 501(C)(3) 105000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS TEACH FOR AMERICA INC 315 WEST 35TH ST NEW YORK NY 10018 133541913 501(C)(3) 100000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HI ASSOCIATION OF INDEPENDENT SCHOOLS 1585 KAPIOLANI BLVD STE 1212 HONOLULU HI 96814 237067376 501(C)(3) 75000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS MALAMA LOKO EA 65-041 HUKILAU LP WAIALUA HI 96791 271307663 501(C)(3) 73000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HUI MALAMA I KE KAI 41-1537 KALANIANAOLE HWY STE 201B WAIMANALO HI 96795 990356784 501(C)(3) 52000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS THE DOLLYWOOD FOUNDATION 1020 DOLLYWOOD LN PIGEON FORGE TN 37863 621348105 501(C)(3) 42842 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS MA KA HANA KA IKE BLDG PROGRAM PO BOX 968 HANA HI 96713 020556883 501(C)(3) 40000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS UNIVERSITY OF HI MAUI COMM COLLEGE 310 WEST KAAHUMANU AVE KAHULUI HI 96732 501(C)(3) 35918 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS QUEEN LILIUOKALANI CHILDREN 1300 HALONA ST HONOLULU HI 96817 990078890 501(C)(3) 32000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS NA KAMALEI PO BOX 900 HAUULA HI 96717 990337808 501(C)(3) 26739 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS KEY PROJECT 47-200 WAIHEE RD KANEOHE HI 96744 990118209 501(C)(3) 24000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS ULUHA'O O HUALALAI PO BOX 130 HOLUALOA HI 96725 462014974 19965 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS NA KOA FOUNDATION 77-6559 SEA VIEW CIR KAILUA KONA HI 96740 270856575 501(C)(3) 14000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HAWAII PACIFIC UNIVERSITY 1164 BISHOP STREET HONOLULU HI 96813 990113930 501(C)(3) 10000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HOA AINA O MAKAHA 84-766 LAHAINA STREET WAIANAE HI 96792 990292820 501(C)(3) 6000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS 46 1 SCHOLARSHIPS- PRESCHOOL 2572 10343276 N/A N/A SCHOLARSHIPS- KINDERGARTEN 489 2277637 N/A N/A SCHOLARSHIPS- POST-HIGH 2051 11231482 N/A N/A SCHOLARSHIPS- POST-BACCALAUREATE 114 1206000 N/A N/A FINANCIAL AID- KS STUDENTS IN PK-12 4896 17905639 N/A N/A GRANTS TO ORGANIZATIONS: THE GRANTS ARE MADE THROUGH A WRITTEN AGREEMENT WITH AT LEAST ANNUAL REPORTING REQUIREMENTS (PROGRAMMATIC AND FINANCIAL) BY THE ORGANIZATION WHO RECEIVES THE GRANT. IN ADDITION, KS CONDUCTS ON-SITE VISITS AND QUARTERLY CHECK-INS TO HELP ENSURE THE OBJECTIVES OF THE GRANT ARE ACHIEVED AND ADDRESS ANY CHALLENGES / ISSUES ON A TIMELY BASIS. GRANTS TO INDIVIDUALS: (I) WITH RESPECT TO SCHOLARHIPS: SCHOLARSHIP AWARDS ARE MADE THROUGH CHECKS OR FUNDS TRANSFER IN THE NAME OF THE INDIVIDUAL AND THE RECIPIENTS' SCHOOLS AND SENT TO THE SCHOOLS. FUNDS NOT USED ARE RETURNED TO KS. THE POST-HIGH SCHOLARSHIP RECIPIENTS ARE ALSO ASSIGNED A COUNSELOR WHO MAINTAINS REGULAR CONTACT WITH THE RECIPIENT AND PROVIDES ANY ASSISTANCE AND GUIDANCE TO HELP THEM MATRICULATE. THE POST HIGH COUNSELOR MONITORS ACADEMIC PROGRESS AND TRACKS THE STUDENT'S PROGRESS TOWARDS GRADUATION. COUNSELORS HELP STUDENTS WITH THE SCHOLARSHIP RE-APPLICATION PROCESS. (II) WITH RESPECT TO FINANCIAL AID: FINANCIAL AID FOR TUITION, MEALS AND FEES IS PROVIDED TO STUDENTS WITH A DEMONSTRATED FINANCIAL NEED WHO ACTUALLY ENROLL AND ATTEND KS SCHOOLS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DEE JAY MAILER 500293 0 100000 0 1776 0 37112 0 14007 0 653188 0 0 0 KIRK BELSBY - SEE SCH O 455413 0 294624 0 2538 0 25952 0 17671 0 796198 0 50310 0 ANN BOTTICELLI - SEE SCH O 140718 0 0 0 -2168 0 16063 0 11389 0 166002 0 0 0 COLLEEN WONG 257849 0 0 0 1643 0 45198 0 19134 0 323824 0 0 0 D ROD CHAMBERLAIN 273260 0 0 0 1776 0 35516 0 16557 0 327109 0 0 0 CHRISTOPHER PATING 358968 0 54600 0 971 0 19801 0 19401 0 453741 0 0 0 SYLVIA HUSSEY 206812 0 0 0 977 0 29156 0 21807 0 258752 0 0 0 ERIC MARLER - SEE SCH O 273630 0 0 0 1547 0 7027 0 21583 0 303787 0 0 0 BENJAMIN SALAZAR - SEE SCH O 154157 0 0 0 731 0 10941 0 11691 0 177520 0 0 0 ELIZABETH HOKADA - SEE SCH O 316148 0 118069 0 2565 0 97652 0 15207 0 549641 0 18600 0 MARSHA BOLSON-SEE SCH O 148430 0 0 0 3626 0 32717 0 5107 0 189880 0 0 0 MICHAEL CHUN - SEE SCH O 245301 0 0 0 2580 0 58119 0 3803 0 309803 0 0 0 STANLEY FORTUNA JR - SEE SCH O 199273 0 0 0 35482 0 34574 0 13295 0 282624 0 0 0 LEE ANN DELIMA 197852 0 0 0 1287 0 26422 0 14721 0 240282 0 0 0 DARREL HOKE - SEE SCH O 204512 0 20810 0 2660 0 22514 0 7311 0 257807 0 0 0 BURTON YUEN - SEE SCH O 194729 0 56431 0 516 0 30013 0 14573 0 296262 0 0 0 CHRISTIAN MILLAN 196321 0 38092 0 1844 0 18301 0 5075 0 259633 0 0 0 PAUL QUINTILIANI 277547 0 97844 0 1363 0 23827 0 23670 0 424251 0 0 0 SUSAN TODANI 193099 0 31493 0 2040 0 36278 0 20078 0 282988 0 0 0 PAUL KAY 198406 0 39770 0 8009 0 11601 0 15594 0 273380 0 0 0 M'LISS MOORE 191727 0 54157 0 3517 0 41069 0 3520 0 293990 0 0 0 C NAINOA THOMPSON 18667 0 0 0 0 0 0 0 0 0 18667 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: NON-TAXABLE ON-CAMPUS HOUSING WAS PROVIDED TO KEY EMPLOYEE DR. MICHAEL CHUN. THIS HOUSING WAS PROVIDED AS A CONDITION OF EMPLOYMENT TO SUPERVISE AND INTERACT WITH STUDENTS AND, BECAUSE THE CAMPUS HAS BOARDING STUDENTS, TO BE AVAILABLE AT ALL TIMES TO MANAGE AND RESOLVE ISSUES ARISING FROM BOARDERS. HEADMASTER CHUN IS PROVIDED FREE HOUSING LOCATED WITHIN THE KAPALAMA CAMPUS. A HOUSING ALLOWANCE WAS PROVIDED TO KEY EMPLOYEE DR. STANLEY FORTUNA JR. THE ENTIRE AMOUNT OF SUCH HOUSING ALLOWANCE WAS INCLUDED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE ORGANIZATION PAYS CLUB DUES ON BEHALF OF KS OFFICER KIRK BELSBY. THE ENTIRE AMOUNT OF SUCH DUES WAS NONTAXABLE. FIRST HAWAIIAN BANK SEE PART V 63225 SEE PART V 0 FIRST HAWAIIAN BANK SEE PART V 49396 SEE PART V 0 FIRST HAWAIIAN BANK SEE PART V 63225 SEE PART V 0 FIRST HAWAIIAN BANK SEE PART V 49396 SEE PART V 0 A AND B PROPERTIES SEE PART V 1892514 SEE PART V 0 KIEWIT BUILDING GROUP SEE PART V 749498 SEE PART V 0 HAWAII ELECTRIC INDUSTRIES SEE PART V 818281 SEE PART V 0 BANK OF HAWAII SEE PART V 479191 SEE PART V 0 ALEXANDER AND BALDWIN SEE PART V 1892514 SEE PART V 0 BANK OF HAWAII SEE PART V 23315 SEE PART V 0 FIRST HAWAIIAN BANK CORBETT KALAMA IS AN OFFICER OF THE ENTITY AND TRUSTEE OF THE ORGANIZATION 63225 LINE OF CREDIT AND FEES 0 FIRST HAWAIIAN BANK CORBETT KALAMA IS AN OFFICER OF THE ENTITY AND TRUSTEE OF THE ORGANIZATION 49396 LEASE RENT 0 FIRST HAWAIIAN BANK DEE JAY MAILER IS A DIRECTOR OF THE ENTITY AND OFFICER OF THE ORGANIZATION 63225 LINE OF CREDIT AND FEES 0 FIRST HAWAIIAN BANK DEE JAY MAILER IS A DIRECTOR OF THE ENTITY AND OFFICER OF THE ORGANIZATION 49396 LEASE RENT 0 A AND B PROPERTIES JANEEN OLDS' SPOUSE IS AN OFFICER OF ENTITY & JANEEN OLDS IS AN ORG TRUSTEE 1892514 LEASE RENT 0 KIEWIT BUILDING GROUP LANCE WILHELM IS AN OFFICER OF THE ENTITY AND A TRUSTEE OF THE ORGANIZATION 749498 INDEPENDENT CONTRACTOR ARRANGEMENT 0 HAWAII ELECTRIC INDUSTRIES MICAH KANE IS A DIRECTOR OF THE ENTITY AND A TRUSTEE OF THE ORGANIZATION 818281 LEASE RENT 0 BANK OF HAWAII MICHAEL CHUN IS A DIRECTOR OF THE ENTITY AND KEY EMPLOYEE OF THE ORG. 479191 LEASE RENT 0 ALEXANDER AND BALDWIN MICHAEL CHUN IS A DIRECTOR OF THE ENTITY AND KEY EMPLOYEE OF THE ORG. 1892514 LEASE RENT 0 BANK OF HAWAII MICHAEL CHUN IS A DIRECTOR OF THE ENTITY AND KEY EMPLOYEE OF THE ORG. 23315 ANALYSIS FEES 0 BANK OF HAWAII MICHAEL CHUN IS A DIRECTOR OF THE ENTITY AND KEY EMPLOYEE OF THE ORG. 9840 MERCHANT SERVICE FEES 0 FORM 990, PART VI FOR PURPOSES OF DETERMINING INDEPENDENCE WITH RESPECT TO THE FORM 990 EACH MEMBER OF THE GOVERNING BODY MUST SATISFY A THREE-PART TEST. ONE SUCH PART PROVIDES THAT THE MEMBER WAS NOT INVOLVED IN A TRANSACTION WITH THE ORGANIZATION EITHER DIRECTLY OR INDIRECTLY THROUGH AN AFFILIATION WITH ANOTHER ORGANIZATION. FOUR (4) MEMBERS OF KAMEHAMEHA SCHOOLS' GOVERNING BODY WERE INVOLVED, INDIRECTLY, IN TRANSACTIONS WITH THE ORGANIZATION SOLELY THROUGH EITHER THEIR OR THEIR FAMILY MEMBER'S AFFILIATION WITH ANOTHER ORGANIZATION AS AN OFFICER OF THAT OTHER ORGANIZATION. THESE MEMBERS ARE THEREFORE NOT CONSIDERED INDEPENDENT FOR PURPOSES OF THIS SPECIFIC TEST. IT IS SIGNIFICANT TO NOTE THAT, IN ACCORDANCE WITH KS' CONFLICT OF INTEREST POLICY, THESE FOUR MEMBERS OF KS' GOVERNING BODY WERE PRECLUDED FROM PARTICIPATING (IN BOTH DISCUSSIONS AND DELIBERATIONS) IN THE APPROVAL PROCESS INVOLVING TRANSACTIONS BETWEEN KS AND THE ENTITIES IN WHICH THEY OR THEIR FAMILY MEMBERS WERE SERVING AS A DIRECTOR, TRUSTEE, OR AN OFFICER. THE TRUSTEES ARE SELECTED BY THE PROBATE COURT, WHICH APPOINTS MEMBERS OF A SCREENING COMMITTEE UNDER THE COURT'S CONTROL TO RECEIVE APPLICATIONS FOR A TRUSTEE VACANCY, SCREEN SUCH APPLICANTS AND RECOMMEND APPROPRIATE INDIVIDUALS TO THE COURT FOR THE COURT'S FINAL SELECTION. FORM 990, PART VI, SECTION A, LINE 2 BISHOP HOLDINGS CORP - CORBETT KALAMA, DEE JAY MAILER, MICAH KANE (TERM EXPIRED 5/31/12), JANEEN OLDS (BUSINESS RELATIONSHIP - BISHOP HOLDINGS IS A SUBSIDIARY OF PARENT ORGANIZATION KAMEHAMEHA SCHOOLS AND THESE INDIVIDUALS SERVE WITH OTHERS ON THE BOARD WHICH CONSIST OF SEVEN MEMBERS) FIRST HAWAIIAN BANK - CORBETT KALAMA AND DEE JAY MAILER (BUSINESS RELATIONSHIP - CORBETT KALAMA IS AN EXECUTIVE AT FIRST HAWAIIAN BANK AND DEE JAY MAILER IS A MEMBER OF THE BOARD) KAMEHAMEHA INVESTMENT CORP - CORBETT KALAMA, DEE JAY MAILER, MICAH KANE (TERM EXPIRED 5/31/12), JANEEN OLDS (BUSINESS RELATIONSHIP - KAMEHAMEHA INVESTMENT CORPORATION IS A 2ND TIER SUBIDIARY OF KAMEHAMEHA SCHOOLS AND THESE INDIVIDUALS SERVE WITH OTHERS ON THE BOARD WHICH CONSIST OF SEVEN MEMBERS) PAUAHI MANAGEMENT CORP - CORBETT KALAMA, DEE JAY MAILER, MICAH KANE (TERM EXPIRED 5/31/12), JANEEN OLDS (BUSINESS RELATIONSHIP - PAUAHI MANAGEMENT CORPORATION IS A 2ND TIER SUBSIDIARY OF KAMEHAMEHA SCHOOLS AND THESE INDIVIDUALS SERVE WITH OTHERS ON THE BOARD WHICH CONSIST OF SEVEN MEMBERS) FORM 990, PART VI, SECTION B, LINE 11 THE 5-STEP REVIEW PROCESS PRIOR TO THE RETURN BEING FILED CONSISTS OF THE FOLLOWING: (1) THE RETURN IS DRAFTED BY THE TAX DEPARTMENT AND THEN REVIEWED BY STAFF FROM THE CONTROLLERS' DIVISION, THE ENDOWMENT GROUP, AND THE THIRD PARTY TAX RETURN PREPARER; (2) THE RETURN IS REVIEWED BY THE VICE PRESIDENT OF LEGAL AND THE VICE PRESIDENT OF FINANCE; (3) THE RETURN IS PROVIDED TO THE CEO FOR REVIEW; (4) A MEETING IS ARRANGED WITH THE CEO, REPRESENTATIVES FROM THE TAX DEPARTMENT AND THE THIRD PARTY TAX RETURN PREPARER TO REVIEW THE RETURN IN MORE DETAIL WITH THE CEO; (5) THE TAX DEPARTMENT, THE TAX RETURN PREPARER, AND THE CEO REVIEW THE RETURN IN DETAIL WITH THE TRUSTEES, WHO GIVE FINAL APPROVAL TO FILE THE RETURN FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS ACCOMPLISHED AS FOLLOWS: ACTION REQUIRING APPROVAL BY THE CEO OR TRUSTEES MUST BE SUBMITTED VIA AN INTERNAL FORM, REQUEST FOR ACTION ("RFA"), THAT INCLUDES A SECTION ON CONFLICT OF INTEREST REVIEW, WHICH IS CONDUCTED BY THE LEGAL DEPARTMENT AND ANY CONFLICTS ARE DISCLOSED ON THE RFA. A PERSON WITH A CONFLICT MAY NOT PARTICIPATE IN THE DECISION OR INVOLVEMENT IN THE MATTER. IN ORDER TO DO A CONFLICT CHECK, EACH YEAR THE LEGAL GROUP SENDS OUT A REQUEST TO THE TRUSTEES AND MEMBERS OF EXECUTIVE MANAGEMENT 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 FOR USE IN DETERMINING WHETHER AN INDIVIDUAL HAS A CONFLICT IN A DECISION BEFORE HIM OR HER. FOR DECISIONS DELEGATED TO VICE PRESIDENTS OR STAFF BELOW A VICE PRESIDENT, THE RFA REQUIRES DISCLOSURE OF THIRD PARTIES INVOLVED IN THE MATTER TO BE APPROVED AND THE REQUESTOR MUST THEN CONDUCT A CONFLICT CHECK AND NOTE WHETHER THERE IS ANY CONFLICT. THOSE WHO HAVE A CONFLICT MAY NOT APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS APPROVED EACH YEAR BY THE BOARD OF TRUSTEES, WHO ARE ALL INDEPENDENT PERSONS. AS PART OF THE APPROVAL PROCESS, THE HUMAN RESOURCE DIVISION OF KS PREPARES AN INTERNAL DOCUMENT (A REQUEST FOR APPROVAL, THE "RFA") FOR THE TRUSTEES' APPROVAL. THE RFA INCLUDES A CURRENT COMPENSATION REPORT WITH BENCHMARKS AND COMPARABILITY DATA PREPARED BY AN INDEPENDENT EXPERT, UNLESS THE REQUESTED COMPENSATION IS WITHIN THE COMPARABILITY INFORMATION PROVIDED BY THE EXPERT FROM THE PREVIOUS YEAR. THE RFA ALSO INCLUDES JUSTIFICATION FOR THE RECOMMENDED COMPENSATION. THE TRUSTEES THEN REVIEW THE RFA, DELIBERATE AND MAKE A DECISION. THE MINUTES OF THE TRUSTEES' MEETING AND DECISION ARE RETAINED. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED IN THE SAME MANNER AS ABOVE FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: EACH YEAR THE TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS MUST SUBMIT THEIR ACCOUNT FOR THE YEAR TO THE PROBATE COURT IN HONOLULU, HAWAII FOR APPROVAL. AS PART OF THAT PROCESS, THE GOVERNING DOCUMENT (THE WILL AND CODICILS) AND THE AUDITED FINANCIAL STATEMENTS ARE PUBLICLY AVAILABLE AND CAN ALSO BE PROVIDED UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. SUPPLEMENT TO FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B (OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES & HIGHEST COMPENSATED EMPLOYEES): THE ACTUAL NUMBER OF HOURS PER WEEK DEVOTED TO POSITION RANGES FROM 40 TO 60 HOURS FOR OFFICERS AND DIRECTORS AND 20 TO 40 HOURS FOR TRUSTEES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS -159,262,167. EQUITY IN EARNINGS OF SUBS -8,242,127. CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -58,787,569. TOTAL TO FORM 990, PART XI, LINE 5: -226,291,863. FORM 990, PART IV, LINE 12 AND PART XII, LINE 2D THE INDEPENDENTLY AUDITED FINANCIAL STATEMENTS OF KAMEHAMEHA SCHOOLS ARE CONSOLIDATED WITH THOSE OF ITS WHOLLY-OWNED SUBSIDIARIES (E.G. BISHOP HOLDINGS CORPORATION, ETC.) AND THEREFORE NOT ISSUED ON A SEPARATE BASIS. FORM 990, PART VII, SECTION A, COMPENSATION DIANE PLOTTS' TERM AS TRUSTEE ENDED EFFECTIVE DECEMBER 31, 2011. LANCE WILHELM WAS APPOINTED AS TRUSTEE EFFECTIVE JANUARY 1, 2012. KIRK BELSBY RESIGNED AS VP - ENDOWMENT AND ELIZABETH HOKADA BECAME THE INTERIM VP - ENDOWMENT ON DECEMBER 15, 2011. BURTON YUEN BECAME THE INTERIM SENIOR DIRECTOR OF FINANCIAL ASSETS WHEN ELIZABETH HOKADA ASSUMED HER NEW ROLE AS INTERIM VP - ENDOWMENT. ERIC MARLER RESIGNED AS VP - CHIEF FINANCIAL OFFICER ON MARCH 2, 2012. BENJAMIN SALAZAR BECAME INTERIM VP - CHIEF FINANCIAL OFFICER ON MARCH 5, 2012. ANN BOTTICELLI RESIGNED AS VP - COMMUNITY RELATIONS AND COMMUNICATIONS ON SEPTEMBER 30, 2011. MARSHA BOLSON BECAME THE INTERIM VP - COMMUNITY RELATIONS AND COMMUNICATIONS ON SEPTEMBER 30, 2011, AND BECAME THE OFFICIAL VP - COMMUNITY RELATIONS AND COMMUNICATIONS ON FEBRUARY 23, 2012. DR. MICHAEL CHUN AND DR. STAN FORTUNA RETIRED AS HEAD OF SCHOOL FOR THE KAPALAMA CAMPUS AND HAWAII CAMPUS, RESPECTIVELY, ON JUNE 30, 2012. EFFECTIVE JULY 1, 2012, EARL KIM BECAME THE NEW HEAD OF SCHOOL - KAPALAMA CAMPUS. EFFECTIVE JUNE 1, 2012, DR. HOLOUA STENDER BECAME THE NEW HEAD OF SCHOOL - HAWAII CAMPUS. DARREL HOKE TEMPORARILY LEFT INTERNAL AUDIT EFFECTIVE JULY 1, 2011 UNTIL JUNE 30, 2012 FOR A SPECIAL ASSIGNMENT IN THE STRATEGIC PLANNING & IMPLEMENTATION GROUP. P&C INSURANCE COMPANY LLC PO BOX 3466 HONOLULU HI 96801 990315757 INSURANCE HI 1558200 17099271 KAMEHAMEHA SCHOOLS KE ALI'I PAUAHI FOUNDATION PO BOX 3466 HONOLULU HI 96801 943263044 FUNDRAISING,SCHOLARSHIP & DEVELOPMENT HI 5O1(C)(3) 11,TYPE I KAMEHAMEHA SCHOOLS 1 CHARLES R BISHOP TRUST PO BOX 3466 HONOLULU HI 96801 996005262 SUPPORT OTHER CHARITABLE ORGANIZATIONS HI 5O1(C)(3) 11,TYPE III-O N/A 0 SINO FINANACE GROUP PO BOX 3466 HONOLULU HI 96801 990324938 INTERNATIONAL BUSINESS INVESTMENT DE KAMEHAMEHA SCHOOLS INVESTMENT 14 5341769 0 0 0.90480 SOUTHERN NEVADA INCOME PROPERTIES PO BOX 3466 HONOLULU HI 96801 330324029 REAL ESTATE ACQUISITION & LEASING CA KAMEHAMEHA SCHOOLS INVESTMENT 1333801 39000225 0 0 0.91430 BISHOP FINANCIAL LTD N/A PO BOX 3466 HONOLULU HI 96801 HOLDING COMPANY CJ KAMEHAMEHA SCHOOLS UNRELATED 2764678 0 0 0.99990 ERWIN SQUARE PO BOX 3466 HONOLULU HI 96801 561574914 REAL ESTATE ACQ, DEVELOPMENT & SALES NC MONTROSE ERWIN SQ INVESTMENT 0 0 0.89070 ERWIN SQUARE OFFICE TOWER PO BOX 3466 HONOLULU HI 96801 561574916 REAL ESTATE ACQ, DEVELOPMENT & SALES NC MONTROSE ERWIN SQ INVESTMENT 0 0 0.89070 MONTROSE ERWIN SQ PO BOX 3466 HONOLULU HI 96801 561574915 REAL ESTATE INVESTMENT NC KAMEHAMEHA SCHOOLS INVESTMENT 1648568 1116690 0 0 0.89970 WESTPORT REALTY ADVISORS PO BOX 3466 HONOLULU HI 96801 650821359 FACILITIES MANAGEMENT FL KAMEHAMEHA SCHOOLS UNRELATED 8411 142016 0 0 0.69180 BISHOP HOLDINGS CORPORATION 78-6740 MAKOLEA STREET KAILUAKONA HI 96740 990335777 HOLDING COMPANY HI KAMEHAMEHA SCHOOLS C -6392827 51698890 1.00000 KONIA INC 78-6740 MAKOLEA STREET KAILUAKONA HI 96740 990309615 INVESTMENT DE KAMEHAMEHA SCHOOLS C -327 124096 1.00000 PAUAHI MANAGEMENT CORPORATION PO BOX 3466 HONOLULU HI 96801 990335778 PROPERTY MANAGEMENT HI BISHOP HOLDINGS CORPORATION C KAMEHAMEHA INVESTMENT CORPORATION 78-6831 ALII DRIVE SUITE 235 KAILUAKONA HI 96740 990115292 REAL ESTATE DEVELOPMENT HI BISHOP HOLDINGS CORPORATION C KBH INC PO BOX 3466 HONOLULU HI 96801 990334862 REAL ESTATE ASSET MANAGEMENT HI PAUAHI MANAGEMENT CORPORATION C KEAUHOU COMMUNITY SERVICE INC PO BOX 5685 KAILUAKONA HI 96745 990291186 WASTEWATER TREATMENT HI KAMEHAMEHA INVESTMENT CORPORATION C 1 1 0 1 0 0 0 0 0 0 1 1 1 1 0 1 0 1 PAUAHI MANAGEMENT CORPORATION A 493963 BOOK VALUE KE ALI'I PAUAHI FOUNDATION B 800651 BOOK VALUE SINO FINANCE GROUP D 112261 BOOK VALUE KE ALI'I PAUAHI FOUNDATION K 208125 COST KAMEHAMEHA INVESTMENT CORPORATION L 292092 COST KEAUHOU COMMUNITY SERVICES INC L 171516 COST KE ALI'I PAUAHI FOUNDATION O 62843 COST KBH INC P 130474 COST SOUTHERN NEVADA INCOME PARTNERS R 2747566 BOOK VALUE MONTROSE ERWIN SQUARE INVESTORS R 5104156 BOOK VALUE