Neil & Mary Kosasa Foundation

Private foundation · Grantmaker Honolulu, HI EIN: 71-0908953

Neil & Mary Kosasa Foundation is a private foundation, 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.

Neil & Mary Kosasa Foundation at a glance

Total assets
$630,132
+5.0% vs 2023
Revenue (2024)
$36,789
+168.1% vs 2023
Net investment income (2024)
$21,843
+126.5% vs 2023
Expenses (2024)
$7,061
-94.2% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Neil & Mary Kosasa Foundation funds

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 6 (83%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

HonoluluKaneoheKailua

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K4 grants2020 0 grants2021 1 grant2022 1 grant2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $13K (2022) to $120K (2020). In 2023 it made 1 grant totaling $115K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Hawaii Honolulu, HISupport college education$115,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$630,132$36,789$7,061———$21,843$33,684
2023$600,400$13,724$121,720$115,0001$115,000$9,644$32,733
2022$708,396$143,423$20,294$13,0001$13,000$16,129$29,190
2021$585,270$78,247$7,390———$60,857$30,109
2020$514,406$147,818$124,872$120,0004—$37,946$27,153

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.

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.

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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Neil & Mary Kosasa 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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