Dr Alvin & Monica Saake Foundation

Private foundation · Grantmaker Honolulu, HI EIN: 73-1671840

Dr Alvin & Monica Saake Foundation is a private foundation, based in Honolulu, HI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 9 grants totaling $200K. Net investment income was $151K.

Key facts about Dr Alvin & Monica Saake Foundation

In short: Dr Alvin & Monica Saake Foundation gave $200K across 9 grants in 2025 (avg $22K), mostly in Hawaii. Source: 2025 IRS Form 990-PF.

EIN
73-1671840
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$200,000
Grants made (2025)
9
Average grant
$22,222
Median grant
$16,000
Total assets
$2,227,216
Primary geography
Hawaii (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

-3.2% YoY

Annual Giving

$200K

+11.1% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$22K

-13.6% YoY

Under IRS private-foundation payout rules, Dr Alvin & Monica Saake Foundation reported a distributable amount of $169K for 2025 — the minimum it must pay out in qualifying distributions.

How Dr Alvin & Monica Saake Foundation gives

  • Giving grew 77% from 2022 to 2025. Method
  • In 2025 it paid out 133% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 9 itemized grants.

States

Cities

Honolulu

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K9 grants2020 11 grants2021 8 grants2022 7 grants2023 7 grants2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $113K (2022) to $200K (2025). In 2025 it made 9 grants totaling $200K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of Hawaii Foundation: $200K across 9 grantsUniversity of HawaiiFoundation$200K · 9 grants

The largest 2025 recipient was University of Hawaii Foundation ($200K across 9 grants).

Grant Size Distribution

42 grants across all recorded years

39<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 42 (93%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Hawaii Foundation Honolulu, HIMen's Basketball$65,000
University of Hawaii Foundation Honolulu, HIAthletic Training Room$30,000
University of Hawaii Foundation Honolulu, HIEquipment Room$28,000
University of Hawaii Foundation Honolulu, HIStrength & Conditioning Room$22,000
University of Hawaii Foundation Honolulu, HIDept of Kinesiology$16,000
University of Hawaii Foundation Honolulu, HIAthletic Dept$15,000
University of Hawaii Foundation Honolulu, HITicket Office$13,000
University of Hawaii Foundation Honolulu, HIIntramural Sports Program$6,000
University of Hawaii Foundation Honolulu, HILetterwinners Club$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,227,216$2,301,799$2,265,652
Revenue$204,860$291,747$-167,011
Expenses$279,443$255,600$196,722
Qualifying Distributions$225,920$205,920$145,920
Net Investment Income$151,337$242,067$41,406
Distributable Amount$169,304$170,168$159,755

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 3, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 18, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 10, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)

Leadership & Key People

Officers and directors from IRS filings

Dr Alvin & Monica Saake Foundation is led by Bart M. Koza, President since 2024 (on filings since 2020); all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Bart M. Koza

    President

    Vice President → President, 2024

    On filings since 2020

    1 hr/week

    $14K (2020) → $14K (2025)

  • Kelvin Shoji

    Vice President

    Secretary → Vice President, 2024

    On filings since 2020

    1 hr/week

    $14K (2020) → $14K (2025)

  • Eric M. Okasaki

    Secretary

    On filings since 2024

    1 hr/week

    $7K (2024) → $14K (2025)

Former officers (1)
  • Former: Arthur Y. Shida (2020–2023) — President

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.

Compensation Overview

From 2025 IRS filing

Bart M Koza — President: $14KBart M KozaPresident$14KKelvin Shoji — Vice-Preside: $14KKelvin ShojiVice-Preside$14KEric M Okasaki — Secretary: $14KEric M OkasakiSecretary$14K

The highest reported compensation on the 2025 filing was $14K, to Bart M Koza (President). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Dr Alvin & Monica Saake Foundation

How much does Dr Alvin & Monica Saake Foundation give each year?

Dr Alvin & Monica Saake Foundation gave $200K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $180K across 7 grants.

What is Dr Alvin & Monica Saake Foundation's typical grant size?

Dr Alvin & Monica Saake Foundation's median grant in 2025 was $16,000, and its average grant was $22,222, across 9 grants on its 2025 IRS Form 990-PF.

Where does Dr Alvin & Monica Saake Foundation give grants?

Dr Alvin & Monica Saake Foundation gives mostly in Hawaii: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Honolulu, HI (9 grants).

Does Dr Alvin & Monica Saake Foundation give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Dr Alvin & Monica Saake Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Dr Alvin & Monica Saake Foundation?

Dr Alvin & Monica Saake Foundation reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $226K in qualifying distributions that year, against a required minimum of $169K (roughly 5% of its investment assets).

What is Dr Alvin & Monica Saake Foundation's EIN?

Dr Alvin & Monica Saake Foundation's EIN (Employer Identification Number) is 73-1671840. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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