Edna L Covalt Charitable Trust

Private foundation · Grantmaker Honolulu, HI EIN: 32-6577986

Edna L Covalt Charitable Trust is a private foundation, based in Honolulu, HI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 3 grants totaling $75K. Net investment income was $50K.

Edna L Covalt Charitable Trust at a glance

In short: Edna L Covalt Charitable Trust gave $75K across 3 grants in 2025 (avg $25K), mostly in Hawaii. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$75,000
+0.0% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$25,000
+0.0% vs 2024
Median grant
$25,000
Total assets
$1,731,226
+13.3% 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 October 2026.

Who Edna L Covalt Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Hawaii Foodbank: $30KHawaii Foodbank$30KHawaii Meals on Wheels: $25KHawaii Meals on Wheels$25KKauai Foodbank: $20KKauai Foodbank$20K

The largest 2025 recipient was Hawaii Foodbank ($30K). Together the top 3 received $75K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

HonoluluHiloLihueWaianae

How Edna L Covalt Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (−1%). Method
  • In 2025 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$20K$40K$60K$80K0 grants2021 2 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2022 to 2025, annual grant giving ranged from $75K (2024) to $76K (2023). In 2025 it made 3 grants totaling $75K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hawaii Foodbank Lihue, HIFood 4 Keiki School Pantry$30,000
Hawaii Meals on Wheels Honolulu, HIMedically Tailored Meals$25,000
Kauai Foodbank Lihue, HIKupuna Program & Expansion$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,731,226$309,110$105,663$75,0003$86,490$49,863$103,758
2024$1,527,779$49,642$101,177$75,0003$85,287$33,077$86,838
2023$1,579,316$23,939$103,639$76,0003$86,615$20,180$81,965
2022$1,659,012$106,004$105,316$76,0002$88,345$89,032$93,014
2021$1,658,325$1,656,673$23,461———$45,438$86,634

Under IRS private-foundation payout rules, Edna L Covalt Charitable Trust reported a distributable amount of $104K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Edna L Covalt Charitable Trust's only listed officer is Bank Of Hawaii, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of Hawaii

    Trustee

    On filings since 2021

    1 hr/week

    $21K (2021) → $20K (2025)

Data from IRS Form 990 filings, 2021–2025. "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

Bank of Hawaii — Trustee: $20KBank of HawaiiTrustee$20K

The highest reported compensation on the 2025 filing was $20K, to Bank of Hawaii (Trustee).

Frequently asked questions about Edna L Covalt Charitable Trust

How much does Edna L Covalt Charitable Trust give each year?

Edna L Covalt Charitable Trust gave $75K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $75K across 3 grants.

What is Edna L Covalt Charitable Trust's typical grant size?

Edna L Covalt Charitable Trust's median grant in 2025 was $25,000, and its average grant was $25,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Edna L Covalt Charitable Trust give grants?

Edna L Covalt Charitable Trust 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 Lihue, HI (2 grants).

Does Edna L Covalt Charitable Trust give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Edna L Covalt Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.

How large is Edna L Covalt Charitable Trust?

Edna L Covalt Charitable Trust reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $104K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Edna L Covalt Charitable Trust's EIN?

Edna L Covalt Charitable Trust's EIN (Employer Identification Number) is 32-6577986. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2022)
  2. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Edna L Covalt Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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