Church Expansion and Capital Fund

HONOLULU, HI EIN: 99-0260298

Church Expansion and Capital Fund is a private foundation, based in HONOLULU, HI. IRS filing data is available for 2021. As of 2021, the organization holds $2K in total assets. In 2021, it awarded 1 grants totaling $455K. Net investment income was $67.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$2K

Annual Giving

$455K

Grant Count

Avg Grant Size

$455K

Under IRS private-foundation payout rules, Church Expansion and Capital Fund reported a distributable amount of $14K for 2021 — the minimum it must pay out in qualifying distributions.

About Church Expansion and Capital Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Hawaii $455K (100%)

States

Hawaii

Cities

Honolulu

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021
Total Assets	$2,025
Revenue	$67
Expenses	$454,873
Qualifying Distributions	$454,686
Net Investment Income	$67
Distributable Amount	$14,101

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Hawaii Assisted Housing Inc ($454,686).

Recipient	Purpose	Amount
HAWAII ASSISTED HOUSING INC HONOLULU, HI	CONTRIBUTION	$454,686

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
MARK Y WATASE	PRESIDENT/DIRECTOR	1	—
REV KENNETH K ASHITOMI	SECRETARY/DIRECTOR	1	—
DENNIS T OSHIRO	TREASURER/DIRECTOR	1	—
CARLTON A SHIRAKI	VICE PRESIDENT/DIRECTOR	1	—

Frequently Asked Questions

How large is Church Expansion and Capital Fund?

As of 2021, Church Expansion and Capital Fund holds $2K in total assets with $67 in annual revenue. It awarded 1 grants totaling $455K in 2021.

Where does Church Expansion and Capital Fund operate?

Church Expansion and Capital Fund has awarded grants in Hawaii.

What size grants does Church Expansion and Capital Fund award?

In 2021, Church Expansion and Capital Fund awarded 1 grants totaling $455K — an average of about $455K per grant, based on its IRS Form 990 filings.

How much is Church Expansion and Capital Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Church Expansion and Capital Fund reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.