First Insurance Company
FIRST INSURANCE COMPANY is a private foundation based in Honolulu, Hawaii. It made 88 grants totaling $540,780 in 2025, supporting organizations that include Hawai‘i-based education, health, community-service, environmental-education, and public-media grantees.
Key facts about First Insurance Company
In short: First Insurance Company gave $541K across 88 grants in 2025 (avg $6K), mostly in Hawaii. 26% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 99-0339536
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $540,780
- Grants made (2025)
- 88
- Average grant
- $6,145
- Median grant
- $5,000
- New grantees (estimate)
- 26% first-time grantees (18 of 70, 2025)
- Total assets
- $10,650,267
- Primary geography
- Hawaii (97% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- Yes
- How to apply
- The foundation accepts unsolicited requests. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.7M
+13.1% YoY
Annual Giving
$541K
+21.8% YoY
Grant Count
88
+11.4% YoY
Avg Grant Size
$6K
+9.3% YoY
Under IRS private-foundation payout rules, First Insurance Company reported a distributable amount of $474K for 2025 — the minimum it must pay out in qualifying distributions.
Is First Insurance Company open to new grantees?
26%
first-time grantees, 2025
In 2025, 18 of 70 grantees (26%) were first-time recipients. First grants averaged $4K; repeat grants $9K. How we count
Medians: $3K first-time, $5K repeat.
- 56% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations and activities. For example, the University of Hawaii Foundation received grants for Shidler College of Business Business Night Awards, an early-phase trials center and program campaign fund, and UHERO. Malama Learning Center received support for an Ola Na Kini Native Hawaiian tree-planting initiative; the center describes its mission as inspiring communities to care for Hawai‘i through conservation, culture, sustainability, and education.
Other 2025 grantees include the American Heart Association, which describes its mission as working toward longer, healthier lives; Hawaii Public Radio, whose mission includes informing, inspiring, and connecting the people of Hawai‘i; and Aloha United Way, which says it advances health, education, and financial stability in the community.
Grantmaking
In 2025, FIRST INSURANCE COMPANY awarded 88 grants totaling $540,780. Grant amounts ranged from $100 to $47,450, with a median of $5,000. Its largest listed grant was $47,450 to the University of Hawaii Foundation for Shidler College of Business Business Night Awards. Other notable grants included $30,000 to the American Heart Association for its general fund, $25,000 each to the American Red Cross for its general fund and to Malama Learning Center for its tree-planting initiative, and $20,000 to Hawaii Public Radio for its general fund.
Review Cycle
None.
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Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in Hawai‘i. The remaining reported shares went to Virginia and New York (1% each), with 0% each reported for Colorado and Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 88 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $444K (2024) to $657K (2021). In 2025 it made 88 grants totaling $541K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Hawaii Foundation ($125K across 5 grants). Together the top 10 received $291K.
Grant Size Distribution
399 grants across all recorded years
The most common grant size was under $50K: 395 grants of 399 (99%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Hawaii Foundation Honolulu, HI | Shidler College of Business Business Night Awards | $47,450 |
| American Heart Association Honolulu, HI | Support General Fund | $30,000 |
| American Red Cross Honolulu, HI | Support General Fund | $25,000 |
| Malama Learning Center Kapolei, HI | Ola NA Kini Native Hawaiian Tree Planting Initiative | $25,000 |
| University of Hawaii Foundation Honolulu, HI | Uhcc early phase trials center and program campaign fund | $25,000 |
| University of Hawaii Foundation Honolulu, HI | Uhcc early phase trials center and program campaign fund | $25,000 |
| Hawaii Public Radio Honolulu, HI | Support General Fund | $20,000 |
| University of Hawaii Foundation Honolulu, HI | UHERO | $20,000 |
| Aloha United Way Honolulu, HI | Support General Fund | $16,464 |
| Alzheimer's Association Honolulu, HI | Support General Fund | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants | Grant total |
|---|---|---|
| 2025 | 88 | $540,780 |
| 2024 | 79 | $443,978 |
| 2023 | 64 | $473,862 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,650,267 | $9,418,135 | $8,763,864 |
| Revenue | $780,448 | $227,379 | $530,505 |
| Expenses | $584,460 | $488,776 | $505,932 |
| Qualifying Distributions | $540,780 | $438,778 | $464,369 |
| Net Investment Income | $242,340 | $246,110 | $493,992 |
| Distributable Amount | $474,226 | $450,765 | $403,530 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Todd Y Takayama, Janis H Kushimi, Chris Dods, Susan Eichor, and Lance Kawano as trustees.
First Insurance Company's 2025 filing lists 5 officers; 2 of 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Chris Dods
Trustee
On filings since 2023
1 hr/week
$2K (2023) → $2K (2025)
Susan Eichor
Trustee
On filings since 2023
1 hr/week
$2K (2023) → $2K (2025)
Todd Y. Takayama
Trustee
On filings since 2020
No compensation reported
Janis H. Kushimi
Trustee
On filings since 2022
No compensation reported
Lance Kawano
Trustee
On filings since 2024
No compensation reported
Former officers (7)
- Former: Stephen J. Tabussi (2020–2024) — Trustee
- Former: Tatsuya Fujimoto (2023–2024) — Trustee
- Former: Faye W. Kurren (2020–2022) — Trustee
- Former: Jeffrey N. Watanabe (2020–2022) — Trustee
- Former: Makoto Yoda (2021–2022) — Trustee
- Former: Jeffrey A. Shonka (2020–2021) — Trustee
- Former: Marie H. Weite (2020) — Trustee
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 $2K, to Chris Dods (Trustee). 2 officers or directors reported compensation on that filing.
Contact
Application contact: Todd Takayama
Mailing address: 1100 Ward Avenue, Honolulu, HI 96814
Phone: (808) 527-7777
Website: https://philippinesfirstinsurance.com.ph
Frequently asked questions about First Insurance Company
How much does First Insurance Company give each year?
First Insurance Company gave $541K across 88 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $444K across 79 grants.
What is First Insurance Company's typical grant size?
First Insurance Company's median grant in 2025 was $5,000, and its average grant was $6,145, across 88 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from First Insurance Company that year got $4K on average.
Where does First Insurance Company give grants?
First Insurance Company gives mostly in Hawaii: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Honolulu, HI (71 grants) and Kahului, HI (2 grants).
Does First Insurance Company give general operating support?
Yes: 61% of First Insurance Company's 2025 grants with a stated purpose (54 of 88) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are First Insurance Company's largest grantees?
First Insurance Company's largest 2025 grantees include University of Hawaii Foundation ($124,950 across 5 grants), American Heart Association ($35,706 across 4 grants) and American Red Cross ($27,525 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is First Insurance Company?
First Insurance Company reported $10.7M in total assets on its 2025 IRS Form 990-PF. It paid out $541K in qualifying distributions that year, against a required minimum of $474K (roughly 5% of its investment assets).
What does First Insurance Company fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations and activities. See mission & focus areas ↑
How do I apply for a grant from First Insurance Company?
The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is First Insurance Company's EIN?
First Insurance Company's EIN (Employer Identification Number) is 99-0339536. IRS Form 990 filing data is available on this page for 2020–2025.
Does First Insurance Company accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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