"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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Hamakua Institute
NINOLE, HI
Assets
—
Grants
0
Total Given
—
Kanaka Aupuni a Niihau Aloha
KEKAHA, HI
Assets
$1.9M
Grants
1
Total Given
$150K
Wailea Community Association
WAILEA, HI
Assets
$4.1M
Grants
3
Total Given
$138K
Skipping Stone Foundation
HONOLULU, HI
Assets
—
Grants
5
Total Given
$418K
Charles R Bishop Trust
HONOLULU, HI
Assets
$16.1M
Grants
2
Total Given
$471K
Hawaii Youth Services Network
HONOLULU, HI
Assets
$637K
Grants
4
Total Given
$189K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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