Dr Alvin & Monica Saake Foundation
Dr Alvin & Monica Saake Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $180K. Net investment income was $242K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+1.6% YoY
Annual Giving
$180K
+50.0% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$26K
+50.0% YoY
Under IRS private-foundation payout rules, Dr Alvin & Monica Saake Foundation reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.
About Dr Alvin & Monica Saake Foundation
Based on IRS filings
Dr Alvin & Monica Saake Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $180K. Net investment income was $242K.
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 | $2,301,799 | $2,265,652 | $2,629,385 |
| Revenue | $291,747 | $-167,011 | $240,954 |
| Expenses | $255,600 | $196,722 | $196,081 |
| Qualifying Distributions | $205,920 | $145,920 | $138,920 |
| Net Investment Income | $242,067 | $41,406 | $183,793 |
| Distributable Amount | $170,168 | $159,755 | $162,283 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Hawaii Foundation ($65,000), University of Hawaii Foundation ($30,000), University of Hawaii Foundation ($28,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | EQUIPMENT ROOM | $28,000 |
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | INTRAMURAL SPORTS PROGRAM | $6,000 |
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | STRENGTH & CONDITIONING ROOM | $22,000 |
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | MEN'S BASKETBALL | $65,000 |
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | DEPT OF KINESIOLOGY | $16,000 |
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | ATHLETIC TRAINING ROOM | $30,000 |
| UNIVERSITY OF HAWAII FOUNDATION HONOLULU, HI | ATHLETIC DEPT | $13,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BART M KOZA | PRESIDENT | 1 | $14,400 |
| KELVIN SHOJI | VICE-PRESIDE | 1 | $14,400 |
| ERIC M OKASAKI | SECRETARY | 1 | $7,200 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dr Alvin & Monica Saake Foundation?
Dr Alvin & Monica Saake Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. It holds $2.3M in total assets as of 2024.
How large is Dr Alvin & Monica Saake Foundation?
As of 2024, Dr Alvin & Monica Saake Foundation holds $2.3M in total assets with $292K in annual revenue. It awarded 7 grants totaling $180K in 2024.
Where does Dr Alvin & Monica Saake Foundation operate?
Dr Alvin & Monica Saake Foundation has awarded grants in Hawaii.
What size grants does Dr Alvin & Monica Saake Foundation award?
In 2024, Dr Alvin & Monica Saake Foundation awarded 7 grants totaling $180K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Dr Alvin & Monica Saake Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Alvin & Monica Saake Foundation reported a distributable amount of $170K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.