Bank of Hawaii Charitable Fdn

Private foundation · Grantmaker Honolulu, HI EIN: 99-0210467

Bank of Hawaii Charitable Fdn is a private foundation based in Honolulu, Hawaii. Its 2024 filing reports 40 grants totaling $1,378,285, with 95% of grant dollars going to recipients in Hawaii.

Key facts about Bank of Hawaii Charitable Fdn

In short: Bank of Hawaii Charitable Fdn gave $1.4M across 40 grants in 2024 (avg $34K), mostly in Hawaii. 28% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
99-0210467
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,378,285
Grants made (2024)
40
Average grant
$34,457
Median grant
$25,000
New grantees (estimate)
28% first-time grantees (11 of 40, 2024)
Total assets
$1,699,412
Primary geography
Hawaii (95% of itemized 2024 grant dollars)
How to apply
Grant requests may be submitted at any time. Full details ↓
Deadline
Grant requests may be submitted at any time.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-39.4% YoY

Annual Giving

$1.4M

-15.1% YoY

Grant Count

40

-33.3% YoY

Avg Grant Size

$34K

+27.4% YoY

Under IRS private-foundation payout rules, Bank of Hawaii Charitable Fdn reported a distributable amount of $332K for 2024 — the minimum it must pay out in qualifying distributions.

Is Bank of Hawaii Charitable Fdn open to new grantees?

28%

first-time grantees, 2024

In 2024, 11 of 40 grantees (28%) were first-time recipients. First grants averaged $25K; repeat grants $38K. How we count

Medians: $13K first-time, $25K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 469% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for Bank of Hawaii Charitable Fdn is provided. The Bank of Hawaii Foundation’s program descriptions identify community development—including financial literacy, asset building, and economic development—education, human services, and arts integration as areas of interest.

The grantees’ own mission statements illustrate the range of organizations supported. Aloha United Way says it advances health, education, and financial stability by bringing together community resources. Hawaii Community Lending says it works to increase access to capital for Native Hawaiians residing in Hawaii. Dynamic Community Solutions describes its work as communal living solutions that address homelessness. Other 2024 recipients include organizations whose stated missions involve art, higher education, blood services, and community health care.

Grantmaking

In 2024, the foundation awarded 40 grants totaling $1,378,285. Grants ranged from $1,000 to $297,500, with a median of $25,000.

Review Cycle

Grant requests may be submitted at any time.

Open Grants

3 open opportunities from Bank of Hawaii Charitable Fdn

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Geographic Focus

Where this funder awards grants

The 2024 filing reports that 95% of grant dollars went to recipients in Hawaii. It also lists shares for Virginia, California, an unspecified state (“?”), and the Northern Mariana Islands (“MP”) at 1% each.

Grant Distribution by State

11states

Share of 2024 grant dollars across all 40 itemized grants.

Cities

HonoluluWailukuLihueKapoleiKaneoheKahuluiWaianaeEwa BeachHiloKailuaKailuakonaKaunakakaiDallasKeaauNew YorkSaipanWahiawaAieaHaleiwaKilauea

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M186 grants2020 64 grants2021 326 grants2022 60 grants2023 40 grants2024

From 2020 to 2024, annual grant giving ranged from $1.2M (2021) to $5.0M (2020). In 2024 it made 40 grants totaling $1.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Aloha United Way: $298KAloha United Way$298KHawaii Community Lending: $100KHawaii Community Lending$100KDynamic Community Solutions: $100KDynamic Community Solutions$100KBank of Hawaii Foundation: $78KBank of Hawaii Foundation$78KPBS Hawaii: $75KPBS Hawaii$75KHawaii Executive Collaborative: $50KHawaii Executive Collaborative$50KBlood Bank of Hawaii: $50KBlood Bank of Hawaii$50KHonolulu Museum of Art: $50KHonolulu Museum of Art$50KUniversity of Hawaii Foundation: $50KUniversity of HawaiiFoundation$50KGirl Scouts of Hawaii: $33KGirl Scouts of Hawaii$33K

The largest 2024 recipient was Aloha United Way ($298K). Together the top 10 received $883K.

Grant Size Distribution

676 grants across all recorded years

633<$50K27$50–100K14$100–250K1$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 633 grants of 676 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Aloha United Way Honolulu, HIUnrestricted Gift$297,500
Hawaii Community Lending Hilo, HILahaina Homeowner Recovery$100,000
Dynamic Community Solutions Waianae, HIUnrestricted Gift$100,000
Bank of Hawaii Foundation Honolulu, HIUnrestricted Gift$77,785
PBS Hawaii Honolulu, HIUnrestricted Gift$75,000
Hawaii Executive Collaborative Honolulu, HIUnrestricted Gift$50,000
Blood Bank of Hawaii Honolulu, HINew Blood Center$50,000
Honolulu Museum of Art Honolulu, HIUnrestricted Gift$50,000
University of Hawaii Foundation Honolulu, HIUnrestricted Gift$50,000
Girl Scouts of Hawaii Honolulu, HIUnrestricted Gift$33,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $1,699,412 $465,380 $1,570,957 $1,378,285
2023 $2,804,989 $491,242 $1,718,248 $1,622,983
2022 $4,017,245 $278,188 $2,270,636 $2,216,262
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,699,412$2,804,989$4,017,245
Revenue$465,380$491,242$278,188
Expenses$1,570,957$1,718,248$2,270,636
Qualifying Distributions$1,557,251$1,700,429$2,258,932
Net Investment Income$299,902$349,129$266,259
Distributable Amount$331,874$366,759$760,778

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Peter S. Ho as chairman and director; Lono Kealoha as president; Dean Y. Shigemura as treasurer; Katherine S. Lamb as secretary; and Allison Deliz as assistant secretary. Directors listed are S. Haunani Apoliona, Mark A. Burak, John C. Erickson, Joshua D. Feldman, and Michelle E. Hulst.

Bank of Hawaii Charitable Fdn is led by Lono Kealoha, President on every filing since 2023; none of the 19 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lono Kealoha

    President

    On filings since 2023

    22 hrs/week

    No compensation reported

  • Peter S. Ho

    Chairman & Director

    Chairman → Chairman & Director, 2021

    On filings since 2020

    No compensation reported

  • Alicia E. Moy

    Director

    On filings since 2020

    No compensation reported

  • Barbara J. Tanabe

    Director

    On filings since 2020

    No compensation reported

  • Dana M. Tokioka

    Director

    On filings since 2020

    No compensation reported

  • John C. Erickson

    Director

    On filings since 2020

    No compensation reported

  • Joshua D. Feldman

    Director

    On filings since 2020

    No compensation reported

  • Kent T. Lucien

    Director

    On filings since 2020

    No compensation reported

  • Mark A. Burak

    Director

    On filings since 2020

    No compensation reported

  • Michelle E. Hulst

    Director

    On filings since 2020

    No compensation reported

  • Raymond P. Vara Jr.

    Director

    On filings since 2020

    No compensation reported

  • Robert W. Wo

    Director

    On filings since 2020

    No compensation reported

  • S. Haunani Apoliona

    Director

    On filings since 2020

    No compensation reported

  • Victor K. Nicols

    Director

    On filings since 2020

    No compensation reported

  • Elliot K. Mills

    Director

    On filings since 2022

    No compensation reported

  • Dean Y. Shigemura

    Treasurer

    On filings since 2020

    No compensation reported

  • Katherine S. Lamb

    Secretary

    On filings since 2021

    No compensation reported

  • Allison Deliz

    Assistant Secretary

    On filings since 2022

    No compensation reported

  • James C. Polk

    Vice President

    On filings since 2022

    No compensation reported

Former officers (8)
  • Former: Momilani I. Akimseu (2021–2022) — President
  • Former: Sharlene K. Bliss (2020–2021) — Assistant Secretary
  • Former: Mary G. F. Bitterman (2021) — Director Emeritus
  • Former: Robert A. Huret (2021) — Director Emeritus
  • Former: Ivana M. Akimseu (2020) — President
  • Former: Stafford J. Kiguchi (2020) — Vice President
  • Former: Terry T. Sasamura (2020) — Secretary
  • Former: Wayne Y. Hamano (2020) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Bank Of Hawaii Charitable Foundati
Mailing address: PO Box 3170 Dept 715, Honolulu, HI 96802-3170
Phone: (808) 694-4525
Email: caroltom@boh.com

Frequently asked questions about Bank of Hawaii Charitable Fdn

How much does Bank of Hawaii Charitable Fdn give each year?

Bank of Hawaii Charitable Fdn gave $1.4M across 40 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 60 grants.

What is Bank of Hawaii Charitable Fdn's typical grant size?

Bank of Hawaii Charitable Fdn's median grant in 2024 was $25,000, and its average grant was $34,457, across 40 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bank of Hawaii Charitable Fdn that year got $25K on average.

Where does Bank of Hawaii Charitable Fdn give grants?

Bank of Hawaii Charitable Fdn gives mostly in Hawaii: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Honolulu, HI (25 grants), Waianae, HI (2 grants), Wailuku, HI (2 grants) and Saipan, MP (2 grants).

Does Bank of Hawaii Charitable Fdn give general operating support?

Yes: 95% of Bank of Hawaii Charitable Fdn's 2024 grants with a stated purpose (38 of 40) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Bank of Hawaii Charitable Fdn's largest grantees?

Bank of Hawaii Charitable Fdn's largest 2024 grantees include Aloha United Way ($297,500), Hawaii Community Lending ($100,000) and Dynamic Community Solutions ($100,000), according to its 2024 IRS Form 990-PF. Together they received 36% of its itemized 2024 grant dollars.

How large is Bank of Hawaii Charitable Fdn?

Bank of Hawaii Charitable Fdn reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $332K (roughly 5% of its investment assets).

What does Bank of Hawaii Charitable Fdn fund?

No mission statement for Bank of Hawaii Charitable Fdn is provided. The Bank of Hawaii Foundation’s program descriptions identify community development—including financial literacy, asset building, and economic development—education, human services, and arts integration as areas of interest. See mission & focus areas ↑

How do I apply for a grant from Bank of Hawaii Charitable Fdn?

Grant requests may be submitted at any time. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Bank of Hawaii Charitable Fdn's EIN?

Bank of Hawaii Charitable Fdn's EIN (Employer Identification Number) is 99-0210467. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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