"THE TRUSTEE SHALL DISTRIBUTE ALL OF THE NET INCOME OF THE CHARITABLE TRUST EACH YEAR AND MAY DISTRIBUTE SO MUCH OR ALL OF THE PRINCIPAL OF THE CHARITBALE TRUST AS IT DEEMS NECESSARY FOR THE CHARITABLE TRUST'S PURPOSES, CONSISTENT WITH THE LONG TERM NEEDS OF THE BENEFICIARIES." "PAYMENT SHALL BE MADE, FIRST, TO THE NUUANU YMCA, HONOLULU, HAWAII, TO FUND ITS TEEN FITNESS PROGRAM...". "ANY NET INCOME REMAINING AND ANY PRINCIPAL DISTRIBUTIONS THE TRUSTEE MAY DEEM NECESSARY SHALL BE DISTRIBUTED TO SUCH ONE OR MORE CHARITABLE ORGINIZATIONS LISTED ON EXHIBIT III ... IN SUCH AMOUNTS, AS THE TRUSTEE SHALL DETERMINE."
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.7M
+4.6% YoY
Annual Giving
$975K
+71.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$195K
+36.8% YoY
About David C Ai Charitable Trust
Based on IRS filings
David C Ai Charitable Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.7M in total assets. In 2024, it awarded 5 grants totaling $975K. Net investment income was $753K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,740,860 | $15,046,086 | $9,123,580 |
| Revenue | $797,026 | $5,774,205 | $96,996 |
| Expenses | $1,082,780 | $945,925 | $316,582 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $752,788 | $5,546,381 | $22,509 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Iolani School ($533,000), Ymca ($375,000), Palama Settlement ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IOLANI SCHOOL HONOLULU, HI | EDUCATION | $533,000 |
| YMCA HONOLULU, HI | TEEN FITNESS PROGRAMS | $375,000 |
| GOODWILL INDUSTRIES OF HONOLULU HONOLULU, HI | HELP PEOPLE WITH EMPLOYMENT BARRIERS TO REACH THEIR FULL POTENTIAL AND BECOME SELF-SUFFICIENT. | $15,000 |
| PALAMA SETTLEMENT HONOLULU, HI | PARTNER WITH THOSE WHO HAVE THE GREATEST NEEDS IN OUR COMMUNITY, EMPOWERING THEM TO ENHANCE THEIR WELL-BEING THROUGH EDUCATION, HEALTH AND RECREATION. | $45,000 |
| PALOLO CHINESE HOME HONOLULU, HI | TO PROVIDE CARE AND SUPPORT FOR SENIORS AND THEIR FAMILIES | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL AI MAY | TRUSTEE | 1 | — |
| STEVEN C AI | TRUSTEE | 1 | — |
| VAL IWASHITA | TRUSTEE | 1 | — |
| JIM YATES | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David C Ai Charitable Trust?
David C Ai Charitable Trust is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. It holds $15.7M in total assets as of 2024.
How large is David C Ai Charitable Trust?
As of 2024, David C Ai Charitable Trust holds $15.7M in total assets with $797K in annual revenue. It awarded 5 grants totaling $975K in 2024.
Where does David C Ai Charitable Trust operate?
David C Ai Charitable Trust has awarded grants in Hawaii.
What size grants does David C Ai Charitable Trust award?
In 2024, David C Ai Charitable Trust awarded 5 grants totaling $975K — an average of about $195K per grant, based on its IRS Form 990 filings.
What is David C Ai Charitable Trust's EIN?
David C Ai Charitable Trust's EIN (Employer Identification Number) is 99-6078252. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in David C Ai Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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