David C Ai Charitable Trust
"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."
David C Ai Charitable Trust at a glance
In short: David C Ai Charitable Trust gave $901K across 3 grants in 2025 (avg $300K), mostly in Hawaii. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $900,500
- -7.6% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $300,167
- +54.0% vs 2024
- Median grant
- $158,000
- Total assets
- $17,393,035
- +10.5% vs 2024
- Primary geography
- Hawaii (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who David C Ai Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was YMCA ($675K). Together the top 3 received $901K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 7 grants of 16 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How David C Ai Charitable Trust gives
- Giving grew 1117% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $74K (2022) to $975K (2024). In 2025 it made 3 grants totaling $901K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA Honolulu, HI | Teen Fitness Programs | $675,000 |
| Iolani School Honolulu, HI | Education | $158,000 |
| 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. | $67,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $17,393,035 | $854,305 | $1,012,591 | $900,500 | 3 | $698,305 |
| 2024 | $15,740,860 | $797,026 | $1,082,780 | $974,500 | 5 | $752,788 |
| 2023 | $15,046,086 | $5,774,205 | $945,925 | $569,750 | 4 | $5,546,381 |
| 2022 | $9,123,580 | $96,996 | $316,582 | $74,000 | 2 | $22,509 |
| 2021 | $4,205,692 | $440,420 | $149,740 | $113,045 | 2 | $63,551 |
| 2020 | $3,849,318 | $161,391 | $132,592 | $110,000 | 3 | $55,778 |
About David C Ai Charitable Trust
Based on IRS filings
David C Ai Charitable Trust is a public charity, based in Honolulu, HI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $17.4M in total assets. In 2025, it awarded 3 grants totaling $901K. Net investment income was $698K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
David C Ai Charitable Trust's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol Ai May
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jim Yates
Trustee
On filings since 2020
1 hr/week
No compensation reported
Steven C. Ai
Trustee
On filings since 2020
1 hr/week
No compensation reported
Val Iwashita
Trustee
On filings since 2020
1 hr/week
No compensation reported
Diana Baba
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about David C Ai Charitable Trust
How much does David C Ai Charitable Trust give each year?
David C Ai Charitable Trust gave $901K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $975K across 5 grants.
What is David C Ai Charitable Trust's typical grant size?
David C Ai Charitable Trust's median grant in 2025 was $158,000, and its average grant was $300,167, across 3 grants on its 2025 IRS Form 990.
Where does David C Ai Charitable Trust give grants?
David C Ai Charitable Trust gives mostly in Hawaii: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Honolulu, HI (3 grants).
Does David C Ai Charitable Trust give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on David C Ai Charitable Trust's 2025 IRS Form 990 were described as general or operating support.
How large is David C Ai Charitable Trust?
David C Ai Charitable Trust reported $17.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $854K.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 23, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 28, 2026)
- IRS filings on file for fiscal years 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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