First Insurance Company
The First Insurance Company of Hawaii Charitable Foundation is a corporate foundation based in Honolulu, Hawaii. It is the philanthropic arm of First Insurance Company of Hawaii, a property and casualty insurance company founded in 1911. The foundation operates as a 501(c)(3) organization and focuses on charitable giving across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+7.5% YoY
Annual Giving
$444K
-6.3% YoY
Grant Count
79
+23.4% YoY
Avg Grant Size
$6K
-24.1% YoY
Under IRS private-foundation payout rules, First Insurance Company reported a distributable amount of $451K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Arts and culture
- Education
- Human services
- Philanthropy and voluntarism
- Sports and wellness
Grantmaking
The foundation made over $488,000 in donations to local nonprofits in 2024 and announced $111,000 in grants to environmental nonprofits in connection with the company's 111th anniversary celebration.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple states, with primary concentration in:
- Hawaii (primary focus)
- Colorado
- New York
- Texas
- Washington
- Additional funding in other U.S. locations including Seattle and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $9,418,135
- Total revenues: $227,379
- Total expenses: $488,776
As of 2023:
- Total assets: $8,763,864
- Total revenues: $530,505
- Total expenses: $505,932
- Total liabilities: $0
Staffing:
- 0 employees (foundation operates with volunteer board oversight)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,418,135 | $8,763,864 | $7,938,757 |
| Revenue | $227,379 | $530,505 | $342,610 |
| Expenses | $488,776 | $505,932 | $633,586 |
| Qualifying Distributions | $438,778 | $464,369 | $591,754 |
| Net Investment Income | $246,110 | $493,992 | $294,603 |
| Distributable Amount | $450,765 | $403,530 | $416,968 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Heart Association ($30,000), American Heart Association ($20,470), Hawaii Public Radio ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFTER-SCHOOL ALL-STARS HONOLULU, HI | 14TH ANNUAL ALL-STAR AFFAIR | $5,000 |
| ALZHEIMER'S ASSOCIATION HONOLULU, HI | HAWAII ENDALZ PRO-AM GOLF TOURNAMENT | $7,500 |
| ALZHEIMER'S ASSOCIATION HONOLULU, HI | SUPPORT GENERAL FUND | $1,000 |
| AMERICAN CANCER SOCIETY HONOLULU, HI | HONOLULU HOPE GALA | $2,500 |
| AMERICAN HEART ASSOCIATION HONOLULU, HI | SUPPORT GENERAL FUND | $100 |
| AMERICAN HEART ASSOCIATION HONOLULU, HI | SUPPORT GENERAL FUND | $30,000 |
| AMERICAN HEART ASSOCIATION HONOLULU, HI | SUPPORT GENERAL FUND | $5,931 |
| AMERICAN HEART ASSOCIATION HONOLULU, HI | SUPPORT GENERAL FUND | $20,470 |
| AMERICAN RED CROSS HONOLULU, HI | DISASTER RESPONSE | $10,000 |
| AMERICAN RED CROSS HONOLULU, HI | HURRICANES MILTON & HELEN | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of trustees includes:
- Stephen J. Tabussi
- Todd Y. Takayama
- Janis H. Kushimi
- Chris Dods
- Susan Eichor
- Tatsuya Fujimoto
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN J TABUSSI | TRUSTEE | — | — |
| TODD Y TAKAYAMA | TRUSTEE | — | — |
| JANIS H KUSHIMI | TRUSTEE | — | — |
| CHRIS DODS | TRUSTEE | 1 | $1,000 |
| SUSAN EICHOR | TRUSTEE | 1 | $1,000 |
| TATSUYA FUJIMOTO | TRUSTEE | — | — |
| LANCE KAWANO | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
The foundation announced significant charitable contributions in 2024, donating more than $488,000 to local nonprofits. In connection with First Insurance Company of Hawaii's 111th anniversary, the foundation announced $111,000 in grants specifically directed to environmental nonprofits, demonstrating a commitment to environmental causes alongside its traditional funding areas.
First Insurance Company of Hawaii, LTD - First Insurance Celebrates 111thSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does First Insurance Company fund?
The foundation's primary funding areas include: • Arts and culture • Education • Human services • Philanthropy and voluntarism • Sports and wellness
How do I apply for a grant from First Insurance Company?
**Grant Activity:** • Made 127 grants in 2024 • Total giving of $464,369 (based on 2023 data) • Typical grant awards range from $48 to $167,763 **Recent Grants (2024):** • University of Hawaii Foundation: $48,350 (Shidler Business Night) • Malama Learning Center: $25,000 (Ola Na Kini Tree Planting Initiative) • Malama Learning Center: $20,000 (Support General Fund) The foundation made over $488,000 in donations to local nonprofits in 2024 and announced $111,000 in grants to environmental nonpro…
Where does First Insurance Company make grants?
The foundation supports initiatives across multiple states, with primary concentration in: • Hawaii (primary focus) • Colorado • New York • Texas • Washington • Additional funding in other U.S. locations including Seattle and Washington, D.C.
What size grants does First Insurance Company award?
In 2024, First Insurance Company awarded 79 grants totaling $444K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is First Insurance Company required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Insurance Company reported a distributable amount of $451K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Insurance Company's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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