Neil & Mary Kosasa Foundation

Foundation · Grantmaker Honolulu, HI EIN: 71-0908953

Neil & Mary Kosasa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Honolulu, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $630K in total assets. Net investment income was $22K.

Key facts about Neil & Mary Kosasa Foundation

EIN
71-0908953
Latest 990 filing
Form 990-PF, 2024
Total assets
$630,132

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$630K

+5.0% YoY

Revenue

$37K

+168.1% YoY

Net Investment Income

$22K

+126.5% YoY

Expenses

$7K

-94.2% YoY

Under IRS private-foundation payout rules, Neil & Mary Kosasa Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

How Neil & Mary Kosasa Foundation gives

  • Giving held roughly steady from 2020 to 2023 (−4%). Method
  • In 2023 it paid out 351% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

HonoluluKaneoheKailua

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K4 grants20200 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021202220232024
Metric202420232022
Total Assets$630,132$600,400$708,396
Revenue$36,789$13,724$143,423
Expenses$7,061$121,720$20,294
Qualifying Distributions—$115,000$13,000
Net Investment Income$21,843$9,644$16,129
Distributable Amount$33,684$32,733$29,190

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Neil & Mary Kosasa Foundation is led by Isaac M Kosasa, President & Vice President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Isaac M Kosasa

    President & Vice President

    On filings since 2020

    No compensation reported

  • Eiko Kosasa

    Treasurer & Director

    On filings since 2020

    No compensation reported

  • Karen E Kosasa

    Secretary & Director

    On filings since 2020

    No compensation reported

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 Neil & Mary Kosasa Foundation

How large is Neil & Mary Kosasa Foundation?

Neil & Mary Kosasa Foundation reported $630K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $37K.

What is Neil & Mary Kosasa Foundation?

Neil & Mary Kosasa Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Honolulu, HI. It holds $630K in total assets as of 2024.

Where does Neil & Mary Kosasa Foundation operate?

Neil & Mary Kosasa Foundation has awarded grants in Hawaii.

How much is Neil & Mary Kosasa Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Neil & Mary Kosasa Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Neil & Mary Kosasa Foundation's EIN?

Neil & Mary Kosasa Foundation's EIN (Employer Identification Number) is 71-0908953. IRS Form 990 filing data is available on this page for 2020–2024.

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

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