Finance Factors Foundation
Finance Factors Foundation is a private foundation based in Honolulu, Hawaii. It supports charitable organizations, with its 2024 grants going to recipients in Hawaii and covering purposes including education, health and human services, and community and civic affairs.
Finance Factors Foundation at a glance
In short: Finance Factors Foundation gave $94K across 35 grants in 2024 (avg $3K), mostly in Hawaii. 37% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $93,956
- -4.5% vs 2023
- Grants made (2024)
- 35
- -2.8% vs 2023
- Average grant
- $2,684
- -1.8% vs 2023
- Median grant
- $1,500
- Total assets
- $1,579,190
- +3.4% vs 2023
- New grantees (estimate)
- 37% first-time grantees (13 of 35, 2024)
- Primary geography
- Hawaii (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Finance Factors Foundation
- How to Apply
-
The foundation does not restrict giving to preselected organizations. Applicants must submit written information about their organization and its purpose for review by the board of directors. The filing lists no restrictions on awards.
- Contact
Application contact: Kristi Maynard
Mailing address: 1164 Bishop Street Suite 1089, Honolulu, HI 96813
Phone: (808) 548-3393
Email: kristim@financefactors.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Finance Factors Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Ahahui Koa Anenue ($20K). Together the top 10 received $66K.
Grant Size Distribution
189 grants across all recorded years
The most common grant size was under $50K: 189 grants of 189 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2024 went to recipients in Hawaii.
Grant Distribution by State
Share of 2024 grant dollars across all 35 itemized grants.
States
Cities
Is Finance Factors Foundation open to new grantees?
37%
first-time grantees, 2024
In 2024, 13 of 35 grantees (37%) were first-time recipients. First grants averaged $3K; repeat grants $3K. How we count
Medians: $750 first-time, $2K repeat.
- 37% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $80K (2020) to $112K (2022). In 2024 it made 35 grants totaling $94K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ahahui Koa Anenue Honolulu, HI | Education | $20,000 |
| Assets School Honolulu, HI | Health & Human Services | $10,000 |
| American Judicature Society Honolulu, HI | Community & Civic Affairs | $6,500 |
| The Gift Foudnation of Hawaii Honolulu, HI | Community & Civic Affairs | $6,000 |
| Girl Scouts of Hawaii Honolulu, HI | Community & Civic Affairs | $5,000 |
| Shidler Alumni Association Honolulu, HI | Education | $5,000 |
| Honolulu Theatre for Youth Honolulu, HI | Community & Civic Affairs | $3,700 |
| Junior Achievement of Hawaii Honolulu, HI | Community & Civic Affairs | $3,500 |
| Hawaii Women's Legal Foundation Honolulu, HI | Community & Civic Affairs | $3,000 |
| The Legal Clinic Honolulu, HI | Community & Civic Affairs | $3,000 |
Ready to take the next step with Finance Factors Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,579,190 | $189,950 | $135,876 | $93,956 | 35 | $95,694 | $108,487 | $109,853 |
| 2023 | $1,527,632 | $266,718 | $153,798 | $98,363 | 36 | $137,657 | $203,464 | $96,354 |
| 2022 | $1,415,472 | $97,807 | $167,650 | $111,550 | 40 | $111,550 | $32,302 | $116,294 |
| 2021 | $1,485,315 | $194,263 | $135,389 | $94,550 | 38 | $94,550 | $132,737 | $105,687 |
| 2020 | $1,426,441 | $95,867 | $103,375 | $79,561 | 40 | — | $83,534 | $89,261 |
Under IRS private-foundation payout rules, Finance Factors Foundation reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants list purposes including education, health and human services, and community and civic affairs. The grantees’ own descriptions show support for varied work: Assets School says it provides learning programs for K–12 students who are gifted, dyslexic, or have learning disabilities; Girl Scouts of Hawaii says it helps girls develop their potential through group experiences; and Honolulu Theatre for Youth says it produces theatre and drama education programs for young people, families, and educators.
Other 2024 grantees describe work in areas including work-readiness and financial literacy (Junior Achievement of Hawaii), women’s legal rights (Hawaii Women’s Legal Foundation), immigration legal services for low-income immigrants and migrants (The Legal Clinic), and homeownership education and coaching (Hawaii Homeownership Center).
Grantmaking
In filing year 2024, the foundation awarded 35 grants totaling $93,956. Grants ranged from $20 to $20,000, with a median of $1,500. Its largest listed awards were $20,000 to Ahahui Koa Anenue for education; $10,000 to Assets School for health and human services; $6,500 to American Judicature Society for community and civic affairs; $6,000 to The Gift Foundation of Hawaii for community and civic affairs; and $5,000 each to Girl Scouts of Hawaii for community and civic affairs and Shidler Alumni Association for education.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Russell J. Lau as president and director; Jeffrey D. Lau and Jennifer J. Lau as vice presidents and directors; Jeffrey J. Alfano as treasurer; Alana Peacott-Ricardos as secretary; and Pearl Fong, Jennifer Chapman, Dale Fong, and Vicki Lau as directors.
Finance Factors Foundation is led by Russell J. Lau, President & Director on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Russell J. Lau
President & Director
On filings since 2020
0.3 hrs/week
No compensation reported
Dale Fong
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Jeffrey D. Lau
V.p. & Director
On filings since 2020
0.2 hrs/week
No compensation reported
Jennifer Chapman
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Pearl Fong
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Vicki Lau
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Jennifer J. Lau
V.p. & Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Alana Peacott-Ricardos
Secretary
New on the 2024 filing
0.2 hrs/week
No compensation reported
Jeffrey J. Alfano
Treasurer
New on the 2024 filing
0.4 hrs/week
No compensation reported
Former officers (3)
- Former: Alana Peacott Ricardos (2020–2023) — Secretary
- Former: Natasha Lee (2020–2023) — Treasurer
- Former: Kristi Maynard (2023) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 Finance Factors Foundation
How much does Finance Factors Foundation give each year?
Finance Factors Foundation gave $94K across 35 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $98K across 36 grants.
What is Finance Factors Foundation's typical grant size?
Finance Factors Foundation's median grant in 2024 was $1,500, and its average grant was $2,684, across 35 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Finance Factors Foundation that year got $3K on average.
Where does Finance Factors Foundation give grants?
Finance Factors Foundation gives mostly in Hawaii: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Honolulu, HI (33 grants).
Does Finance Factors Foundation give general operating support?
Not in 2024: none of the 35 grants with a stated purpose on Finance Factors Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community & Civic Affairs" (24 grants), "Health & Human Services" (6 grants) and "Education" (5 grants).
Who are Finance Factors Foundation's largest grantees?
Finance Factors Foundation's largest 2024 grantees include Ahahui Koa Anenue ($20,000), Assets School ($10,000) and American Judicature Society ($6,500), according to its 2024 IRS Form 990-PF. Together they received 39% of its itemized 2024 grant dollars.
How large is Finance Factors Foundation?
Finance Factors Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $96K in qualifying distributions that year, against a required minimum of $110K (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 does Finance Factors Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants list purposes including education, health and human services, and community and civic affairs. See mission & focus areas ↑
How do I apply for a grant from Finance Factors Foundation?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Finance Factors Foundation's EIN?
Finance Factors Foundation's EIN (Employer Identification Number) is 31-1642776. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Finance Factors Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Finance Factors Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/finance-factors-foundation-morg_d323e8e25cac4906a2fea0560f48537e
BibTeX
@misc{grantable_311642776_2026,
author = {{Grantable}},
title = {{Finance Factors Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/finance-factors-foundation-morg_d323e8e25cac4906a2fea0560f48537e},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Finance Factors Foundation'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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