Dr Alvin & Monica Saake Foundation
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.
Dr Alvin & Monica Saake Foundation at a glance
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.
- Annual giving (2025)
- $200,000
- +11.1% vs 2024
- Grants made (2025)
- 9
- +28.6% vs 2024
- Average grant
- $22,222
- -13.6% vs 2024
- Median grant
- $16,000
- Total assets
- $2,227,216
- -3.2% vs 2024
- Primary geography
- Hawaii (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Dr Alvin & Monica Saake Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Hawaii Foundation ($200K across 9 grants).
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 39 grants of 42 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $113K (2022) to $200K (2025). In 2025 it made 9 grants totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Hawaii Foundation Honolulu, HI | Men's Basketball | $65,000 |
| University of Hawaii Foundation Honolulu, HI | Athletic Training Room | $30,000 |
| University of Hawaii Foundation Honolulu, HI | Equipment Room | $28,000 |
| University of Hawaii Foundation Honolulu, HI | Strength & Conditioning Room | $22,000 |
| University of Hawaii Foundation Honolulu, HI | Dept of Kinesiology | $16,000 |
| University of Hawaii Foundation Honolulu, HI | Athletic Dept | $15,000 |
| University of Hawaii Foundation Honolulu, HI | Ticket Office | $13,000 |
| University of Hawaii Foundation Honolulu, HI | Intramural Sports Program | $6,000 |
| University of Hawaii Foundation Honolulu, HI | Letterwinners Club | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,227,216 | $204,860 | $279,443 | $200,000 | 9 | $225,920 | $151,337 | $169,304 |
| 2024 | $2,301,799 | $291,747 | $255,600 | $180,000 | 7 | $205,920 | $242,067 | $170,168 |
| 2023 | $2,265,652 | $-167,011 | $196,722 | $120,000 | 7 | $145,920 | $41,406 | $159,755 |
| 2022 | $2,629,385 | $240,954 | $196,081 | $113,000 | 8 | $138,920 | $183,793 | $162,283 |
| 2021 | $2,584,512 | $234,497 | $241,974 | $154,000 | 11 | $186,400 | $178,923 | $185,245 |
| 2020 | $2,591,989 | $123,764 | $198,496 | $121,000 | 9 | — | $78,668 | $170,390 |
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.
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 10, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
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