Maui Economic Development Board Inc Medb
Maui Economic Development Board Inc MEDB is a public charity based in Kihei, Hawaii. Founded in 1982, it works with businesses, government, educators, and community leaders to support a robust and balanced economy benefiting Maui County.
Maui Economic Development Board Inc Medb at a glance
In short: Maui Economic Development Board Inc Medb gave $580K across 38 grants in 2025 (avg $15K), mostly in Hawaii. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $580,220
- -90.1% vs 2024
- Grants made (2025)
- 38
- -90.7% vs 2024
- Average grant
- $15,269
- +7.3% vs 2024
- Median grant
- $15,000
- Total assets
- $15,326,384
- +17.1% vs 2024
- Primary geography
- Hawaii (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Maui Economic Development Board Inc Medb
- Contact
Mailing address: 1305 N Holopono Street Ste 1, Kihei, HI 96753
Phone: (808) 875-2300
Website: https://medb.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Maui Economic Development Board Inc Medb
Who Maui Economic Development Board Inc Medb funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Absolute Charters Inc ($20K). Together the top 10 received $200K.
Grant Size Distribution
448 grants across all recorded years
The most common grant size was under $50K: 448 grants of 448 (100%).
Geographic Focus
Where this funder awards grants
MEDB’s website says its programs reach Maui, Molokai, and Lanai, as well as beyond. The Ke Alahele Education Fund is directed to Maui County. In 2025, 97% of grant dollars went to recipients in Hawaii and 3% to recipients in California.
Grant Distribution by State
Share of 2025 grant dollars across all 38 itemized grants.
Cities
How Maui Economic Development Board Inc Medb gives
- 21% of 2025 grantees were also funded in 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2025). 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 2023 to 2025, annual grant giving ranged from $12K (2023) to $5.8M (2024). In 2025 it made 38 grants totaling $580K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Absolute Charters Inc Lahaina, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Aloha Sunshine Tours LLC Honolulu, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| B&K Builders General Contracting LLC Lahaina, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Captain Jacks LLC Kihei, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Haliimaile Pineapple Company Limited Makawao, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Joseph K & Company LLC Honolulu, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Maui Adventure Cruises Inc Kula, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Sea Link of Hawaii Inc Lahaina, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Seabern Yachts Inc Lahaina, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
| Seafoam Inc Lahaina, HI | 2023 Maui Wildfire Recovry (Maui Business Bridge Grants) | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $15,326,384 | $9,107,509 | $8,025,809 | $580,220 | 38 | $-6,425 |
| 2024 | $13,085,003 | $13,315,928 | $12,964,989 | $5,834,581 | 410 | $-47,808 |
| 2023 | $12,120,139 | $6,751,092 | $5,668,592 | $12,000 | Total only | $10,477 |
| 2022 | $11,013,718 | $4,443,692 | $4,454,057 | — | — | $19,544 |
| 2021 | $10,649,362 | $7,742,311 | $7,749,603 | — | — | $4,473 |
| 2020 | $10,381,731 | $4,021,695 | $3,906,848 | — | — | $2,176 |
| 2019 | $10,789,062 | $4,285,831 | $4,218,793 | — | — | $11,326 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
MEDB states its mission is to lead and inspire innovation in business, education, and the community. Its website describes three pillars: supporting new and established businesses in sectors that help diversify the economy; developing residents’ workforce skills while working toward economic equity; and bringing diverse groups together to collaborate and advance the community.
MEDB’s 2025 grants included Maui wildfire recovery business bridge grants. Its Ke Alahele Education Fund guidelines describe support for local educators, individuals, parent groups, and other organizations seeking to enhance student learning or professional development, with emphasis on STEM education. The guidelines identify possible activities such as student or educator internships, project-based learning, sustainability projects, apprenticeships, educator training, and STEM supplies or equipment. In its filing, MEDB describes grantees as completing an application to verify need and eligibility, signing an agreement defining grant terms, and providing invoices and proof of payment for validation before reimbursement.
Grantmaking
In filing year 2025, MEDB reported 38 grants totaling $580,220. Grant amounts ranged from $5,356 to $20,000, with a median of $15,000. The listed largest grants included $20,000 each to Absolute Charters Inc, Aloha Sunshine Tours LLC, B&K Builders General Contracting LLC, Captain Jacks LLC, Haliimaile Pineapple Company Limited, Joseph K & Company LLC, Maui Adventure Cruises Inc, Sea Link of Hawaii Inc, Seabern Yachts Inc, Seafoam Inc, Shop Bikini Bird Corp, and Three Paisanos. Each was identified as a 2023 Maui wildfire recovery grant through the Maui Business Bridge Grants.
The Ke Alahele Education Fund guidelines say awards average $3,000 per qualified applicant. They describe proposals as strongest when they define a focused project, outcomes and measures of success, appropriate partners, and a concise, reasonable budget; projects should advance STEM education and align with Focus Maui Nui strategies. MEDB’s filing describes an application, a grant agreement, and invoices and proof of payment as part of its grant process.
The Daniel K. Inouye Innovation Award is for Maui County middle and high school student projects applying STEM solutions to community needs. Its listed deadline of August 5, 2026, has passed. The award description lists cash for winning students’ college education and support for the student’s alma mater STEMworks lab.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Leslie Wilkins as president and CEO; Tiare Martin as board chair; Curtis Tom as vice chair; Deanna Garcia as secretary; and Robert Kawahara as treasurer. Directors listed are Dwayne Betsill, Ryan Churchill, Jerry Cornell, Ned Davis, and Rosie Davis.
Maui Economic Development Board Inc Medb is led by Leslie Wilkins, President & CEO on every filing since 2019; 2 of 27 officers listed in 2025 are compensated.
Officers on the 2025 filing
Leslie Wilkins
President & CEO
On filings since 2019
40 hrs/week
$113K (2019) → $148K (2025)
Tiare Martin
Board Chair
Vice Chair → Chair, 2023
Chair → Board Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Carol Reimann
Director
On filings since 2019
0.3 hrs/week
No compensation reported
David Lassner
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Dwayne Betsill
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Eric Matsuda
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Jerry Cornell
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Lisa Paulson
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Mike Maberry
Director
Secretary → Director, 2025
On filings since 2019
0.3 hrs/week
No compensation reported
Ned Davis
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Rick Volner Jr.
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Ryan Churchill
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Saedene Ota
Director
Vice Chair → Chair, 2022
Chair → Director, 2023
On filings since 2019
0.3 hrs/week
No compensation reported
J. Scott Meidell
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Elli Pascua
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Rosie Davis
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Ryan Fukushima
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Lisa Frankford Formerly Thompson
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Maile Wong
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Ronald Chris Martin
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Michelle Cocca
Chief Financial Officer
On filings since 2024
40 hrs/week
$97K (2024) → $120K (2025)
Curtis Tom
Vice Chair
Director → Vice Chair, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Deanna Garcia
Secretary
Director → Secretary, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Grant Chun
Former Director
Chair → Director, 2022
Director → Former Director, 2025
On filings since 2019
0.3 hrs/week
No compensation reported
Pamela Tumpap
Former Director
Director → Former Director, 2025
On filings since 2019
0.3 hrs/week
No compensation reported
Robert Kawahara
Treasurer
Director → Treasurer, 2022
On filings since 2019
1 hr/week
No compensation reported
Lisa Tomihama
Former Director
Director → Former Director, 2025
On filings since 2023
0.3 hrs/week
No compensation reported
Former officers (23)
- Former: Pam Tumpap (2023–2024) — Director
- Former: Roz Rosalyn Baker (2023–2024) — Director
- Former: Michael Maberry (2024) — Director
- Former: Barbara Haliniak (2019–2022) — Director
- Former: Dean Duque (2019–2022) — Director
- Former: Michael Victorino (2019–2022) — Ex-Officio
- Former: William Russell (2019–2022) — Director
- Former: Joann Inamasu (2021–2022) — Director
- Former: Rosalyn Baker (2021–2022) — Director
- Former: Keani Rawlins (2022) — Ex-Officio
- Former: Pat Matsumoto (2022) — Director
- Former: Keani Rawlins-Fernandez (2019–2021) — Ex-Officio
- Former: Sharon Suzuki (2019–2021) — Director
- Former: Tom Leuteneker (2019–2021) — Director
- Former: Jeanne Unemori Skog (2019–2020) — Director
- Former: Kyle Sakamoto (2019–2020) — Director
- Former: Lynn McCrory (2019–2020) — Director
- Former: Scott Meidell (2019–2020) — Director
- Former: The Hon Rosalyn Baker (2019–2020) — Director
- Former: Tom Reed (2019–2020) — Director
- Former: Wesley Lo (2019–2020) — Director
- Former: Kari Luna Nunokawa (2020) — Vice President
- Former: Kay Fukumoto (2020) — Director
Data from IRS Form 990 filings, 2019–2025. "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 $148K, to Leslie Wilkins (President and CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Maui Economic Development Board Inc Medb
How much does Maui Economic Development Board Inc Medb give each year?
Maui Economic Development Board Inc Medb gave $580K across 38 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5.8M across 410 grants.
What is Maui Economic Development Board Inc Medb's typical grant size?
Maui Economic Development Board Inc Medb's median grant in 2025 was $15,000, and its average grant was $15,269, across 38 grants on its 2025 IRS Form 990.
Where does Maui Economic Development Board Inc Medb give grants?
Maui Economic Development Board Inc Medb gives mostly in Hawaii: 97% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Lahaina, HI (21 grants), Honolulu, HI (5 grants), Kihei, HI (4 grants) and Wailuku, HI (2 grants).
Does Maui Economic Development Board Inc Medb give general operating support?
Not in 2025: none of the 38 grants with a stated purpose on Maui Economic Development Board Inc Medb's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "2023 Maui Wildfire Recovry (Maui Business Bridge Grants)" (38 grants).
Who are Maui Economic Development Board Inc Medb's largest grantees?
Maui Economic Development Board Inc Medb's largest 2025 grantees include Absolute Charters Inc ($20,000), Aloha Sunshine Tours LLC ($20,000) and B&K Builders General Contracting LLC ($20,000), according to its 2025 IRS Form 990. Together they received 10% of its itemized 2025 grant dollars.
How large is Maui Economic Development Board Inc Medb?
Maui Economic Development Board Inc Medb reported $15.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.1M.
What does Maui Economic Development Board Inc Medb fund?
MEDB states its mission is to lead and inspire innovation in business, education, and the community. See mission & focus areas ↑
How do I apply for a grant from Maui Economic Development Board Inc Medb?
Maui Economic Development Board Inc Medb has no public application process in the sources Grantable reviewed. Check medb.org for current guidelines, or contact the foundation directly before submitting a request.
What is Maui Economic Development Board Inc Medb's EIN?
Maui Economic Development Board Inc Medb's EIN (Employer Identification Number) is 99-0226377. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS March 11, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- IRS filings on file for fiscal years 2020–2024
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