Palama Scholarship Foundation Inc is a nonprofit organization focused on Education, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $116K in total assets. In 2024, it awarded 12 grants totaling $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$116K
-11.4% YoY
Annual Giving
$51K
-4.4% YoY
Grant Count
12
-14.3% YoY
Avg Grant Size
$4K
+11.5% YoY
About Palama Scholarship Foundation Inc
Based on IRS filings
Palama Scholarship Foundation Inc is a nonprofit organization focused on Education, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $116K in total assets. In 2024, it awarded 12 grants totaling $51K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $116,416 | $131,419 | $148,973 |
| Revenue | $36,000 | $36,000 | $36,000 |
| Expenses | $51,003 | $53,554 | $49,972 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dana Kang ($5,000), Brain Park ($5,000), Engene Lee ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DANA KANG HONOLULU, HI | SCHOLARSHIP | $5,000 |
| BRAIN PARK HONOLULU, HI | SCHOLARSHIP | $5,000 |
| ENGENE LEE HONOLULU, HI | SCHOLARSHIP | $5,000 |
| JENNIFER MYUNG HUI KIM HONOLULU, HI | SCHOLARSHIP | $500 |
| SOPHIA HURD HONOLULU, HI | SCHOLARSHIP | $5,000 |
| ETHAN RA HONOLULU, HI | SCHOLARSHIP | $5,000 |
| SEAN MYUNG HONOLULU, HI | SCHOLARSHIP | $5,000 |
| ERIN SONG HONOLULU, HI | SCHOLARSHIP | $5,000 |
| SNGHYUK LEE HONOLULU, HI | SCHOLARSHIP | $5,000 |
| TYLER LEE HONOLULU, HI | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HYO KYU LIM | PRESIDENT | 4 | — |
| HAE JOO LIM | VICE PRESIDENT | 4 | — |
| THOMAS KIM | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Palama Scholarship Foundation Inc?
Palama Scholarship Foundation Inc is a nonprofit organization focused on Education, based in HONOLULU, HI. It holds $116K in total assets as of 2024.
How large is Palama Scholarship Foundation Inc?
As of 2024, Palama Scholarship Foundation Inc holds $116K in total assets with $36K in annual revenue. It awarded 12 grants totaling $51K in 2024.
Where does Palama Scholarship Foundation Inc operate?
Palama Scholarship Foundation Inc has awarded grants in Hawaii.
What size grants does Palama Scholarship Foundation Inc award?
In 2024, Palama Scholarship Foundation Inc awarded 12 grants totaling $51K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is Palama Scholarship Foundation Inc's EIN?
Palama Scholarship Foundation Inc's EIN (Employer Identification Number) is 99-0344016. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Palama Scholarship Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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