Bank of Hawaii Charitable Foundation is a corporate foundation headquartered in Honolulu, Hawaii. Established in 2014, it operates as a 501(c)(3) organization dedicated to enhancing communities through impactful philanthropic programs. The Foundation is affiliated with Bank of Hawaii, which has been serving and investing in Hawaii's families, businesses, and communities since 1925.
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.
Mission & Focus Areas
The Bank of Hawaii Foundation is committed to supporting initiatives that strengthen low and moderate-income communities. Primary funding areas include:
- Community development
- Education
- Human services
- Arts integration
- Financial literacy
- Environmental conservation
The Foundation emphasizes sustainable community growth and effective management, preferring to partner with established nonprofits that demonstrate strong fiscal responsibility and operational history.
Grantmaking
Applicant organizations must be 501(c)(3) tax-exempt charities with a demonstrated track record of successful management and fiscal responsibility.
Grant Range
$125 to $297,500
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Geographic Focus
Where this funder awards grants
The Foundation primarily funds organizations in Hawaii, with documented grants also extending to the Northern Mariana Islands and Virginia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data
- Total assets: $1,699,412
- Total revenues: $465,380
- Total expenses: $1,570,957
- Number of employees: 0
Program Funding The Foundation's primary program area is investment income to fund grants.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
240 grants across all recorded years
Open Grants
3 open opportunities from Bank of Hawaii Charitable Fdn
Bank of Hawaii Foundation - Major Capital Grant
BANK OF HAWAII CHARITABLE FDN
Amount
Varies
Deadline
Rolling / Open
Bank of Hawaii Foundation - Program Grant
BANK OF HAWAII CHARITABLE FDN
Amount
Varies
Deadline
Rolling / Open
Frederic Duclos Barstow Foundation for American Samoans Grant
BANK OF HAWAII CHARITABLE FDN
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aloha United Way ($297,500), Hawaii Community Lending ($100,000), Dynamic Community Solutions ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WAIANAE COAST COMPREHENSIVE HEALTH Waianae, HI | UNRESTRICTED GIFT | $25,000 |
| HAWAII FOOD BANK HONOLULU, HI | UNRESTRICTED GIFT | $12,500 |
| STATE OF HAWAII HONOLULU, HI | UNRESTRICTED GIFT | $5,000 |
| MENTAL HEALTH AMERICA INC ALEXANDRIA, VA | UNRESTRICTED GIFT | $20,000 |
| TEACH FOR AMERICA HONOLULU, HI | UNRESTRICTED GIFT | $25,000 |
| KAUAI PLANNING & ACTION ALLIANCE LIHUE, HI | UNRESTRICTED GIFT | $15,000 |
| SALVATION ARMY HAWAIIAN AND HONOLULU, HI | UNRESTRICTED GIFT | $10,000 |
| AMERICAN RED CROSS GUAM | UNRESTRICTED GIFT | $10,000 |
| PALI MOMI FOUNDATION HONOLULU, HI | UNRESTRICTED GIFT | $25,000 |
| AMERICAN RED CROSS OF HAWAII HONOLULU, HI | UNRESTRICTED GIFT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Peter S. Ho – Chairman & Director
- Lono Kealoha – President
- Dean Y Shigemura – Treasurer
- Katherine S Lamb – Secretary
- Allison Deliz – Assistant Secretary
- S Haunani Apoliona – Director
- Mark A Burak – Director
- John C Erickson – Director
- Joshua D Feldman – Director
- Michelle E Hulst – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER S HO | CHAIRMAN & DIRECTOR | — | — |
| LONO KEALOHA | PRESIDENT | 22 | — |
| DEAN Y SHIGEMURA | TREASURER | — | — |
| KATHERINE S LAMB | SECRETARY | — | — |
| ALLISON DELIZ | ASSISTANT SECRETARY | — | — |
| S HAUNANI APOLIONA | DIRECTOR | — | — |
| MARK A BURAK | DIRECTOR | — | — |
| JOHN C ERICKSON | DIRECTOR | — | — |
| JOSHUA D FELDMAN | DIRECTOR | — | — |
| MICHELLE E HULST | DIRECTOR | — | — |
| KENT T LUCIEN | DIRECTOR | — | — |
| ALICIA E MOY | DIRECTOR | — | — |
| VICTOR K NICOLS | DIRECTOR | — | — |
| BARBARA J TANABE | DIRECTOR | — | — |
| DANA M TOKIOKA | DIRECTOR | — | — |
| RAYMOND P VARA JR | DIRECTOR | — | — |
| ROBERT W WO | DIRECTOR | — | — |
| JAMES C POLK | VICE PRESIDENT | — | — |
| ELLIOT K MILLS | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
**2024 Lahaina Support**
The Bank of Hawaii Foundation donated $100,000 to support residents affected by the Lahaina situation, coinciding with the opening of the newest Bank of Hawaii branch in Lahaina.
Bank of Hawai\u2018i opens newest branch in Lahaina, and its foundation\**Employee Giving Campaigns**
Bank of Hawaii employees have demonstrated strong commitment to community philanthropy through annual giving campaigns:
BOH Employees Raise $557,577 for Aloha United Way - Bank of HawaiiMost recent campaign raised $623,000 for local nonprofits
Bank of Hawaii Employees Raise $623,000 for Local Nonprofits as Live KokuaPrevious campaigns raised $585,489 and $557,577 for Aloha United Way
Bank of Hawai\u2018i employees raise $585,489 for Aloha United Way - Marianas\The Live Kokua Giving Campaign celebrated its 15-year milestone
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Bank of Hawaii Charitable Fdn fund?
The Bank of Hawaii Foundation is committed to supporting initiatives that strengthen low and moderate-income communities. Primary funding areas include: • Community development • Education • Human services • Arts integration • Financial literacy • Environmental conservation The Foundation emphasizes sustainable community growth and effective management, preferring to partner with established nonprofits that demonstrate strong fiscal responsibility and operational history.
How do I apply for a grant from Bank of Hawaii Charitable Fdn?
**Grant Activity (2024)** • Total annual grants: $2,040,400 • Number of grants awarded: 30+ grants documented • Grant range: $125 to $297,500 • Median grant amount: $10,000 • Giving rate: 49.8% **Recent Grant Examples (2024)** • Aloha United Way: $297,500 (unrestricted gift) • Dynamic Community Solutions: $100,000 (unrestricted gift) • Hawaii Community Lending: $100,000 (Lahaina Homeowner Recovery) **Grant Programs** • Aloha for Community: Average $887 per grant to 203 recipients • Unrestricted…
Where does Bank of Hawaii Charitable Fdn make grants?
The Foundation primarily funds organizations in Hawaii, with documented grants also extending to the Northern Mariana Islands and Virginia.
What size grants does Bank of Hawaii Charitable Fdn award?
In 2024, Bank of Hawaii Charitable Fdn awarded 40 grants totaling $1.4M — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Bank of Hawaii Charitable Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bank of Hawaii Charitable Fdn reported a distributable amount of $332K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Bank of Hawaii Charitable Fdn's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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