Shiraki Memorial Foundation
Shiraki Memorial Foundation is a private foundation based in Honolulu, Hawaii. Its 2024 filing describes direct support for Hawaii students at Baptist theological seminaries and financial support for retreats, camps, youth activities, and ministry work intended to spread the Gospel.
Shiraki Memorial Foundation at a glance
In short: Shiraki Memorial Foundation gave $263K across 18 grants in 2024 (avg $15K), mostly in Hawaii. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $263,306
- -1.3% vs 2023
- Grants made (2024)
- 18
- +28.6% vs 2023
- Average grant
- $14,628
- -23.2% vs 2023
- Median grant
- $13,500
- Total assets
- $3,141,258
- -1.1% vs 2023
- New grantees (estimate)
- 60% first-time grantees (9 of 15, 2024; small sample)
- Primary geography
- Hawaii (76% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Shiraki Memorial Foundation
- How to Apply
-
The foundation does not restrict giving to preselected organizations. The filing says to contact Gregory Wong and provide an indication of the purpose of the organization or individual seeking support. Scholarships are limited to Hawaii residents attending an individual recipient seminaries or schools who are also members of an individual recipient churches.
- Review Cycle
- None stated.
- Deadline
- None stated.
- Contact
Application contact: Gregory Wong
Mailing address: 4348 Waialae Ave Ste 592, Honolulu, HI 96816
Phone: (808) 222-4848
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Shiraki Memorial Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The First Lap ($40K). Together the top 10 received $203K.
Organizations only. It also paid 4 individual scholarships ($41,979), which are not listed by name.
Grant Size Distribution
65 grants across all recorded years
The most common grant size was under $50K: 60 grants of 65 (92%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went primarily to recipients in Hawaii (76%), with grants also reported for California (8%), Texas (6%), Missouri (6%), and Kentucky (2%). Its stated scholarship restrictions specify Hawaii residency.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
Cities
Is Shiraki Memorial Foundation open to new grantees?
60%
first-time grantees, 2024
In 2024, 9 of 15 grantees (60%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $14K; repeat grants $23K. How we count
Medians: $10K first-time, $20K repeat.
- 27% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+12%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $96K (2020) to $270K (2022). In 2024 it made 18 grants totaling $263K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The First Lap Waipahu, HI | Support of Charitable Purpose | $40,000 |
| Various Christian Ministries Honolulu, HI | Support of Charitable Purpose | $34,259 |
| Gateway Baptist Seminary Ontario, CA | Scholarship for Seminary Students | $21,563 |
| Harvest Family Life Wahiawa, HI | Support of Charitable Purpose | $20,000 |
| Hawaii Baptist Academy Honolulu, HI | Support of Charitable Purpose | $20,000 |
| Waipio Community Baptist Church Waipahu, HI | Support of Charitable Purpose | $20,000 |
| 4 individual scholarships Recipients not named | — | $41,979 |
| Baptist Collegiate Ministries O'Ahu Honolulu, HI | Support of Charitable Purpose | $15,000 |
| Fellowship Baptist Church Kaneohe, HI | Support of Charitable Purpose | $12,000 |
| Life Christian Church Honolulu, HI | Support of Charitable Purpose | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,141,258 | $368,324 | $436,299 | $263,306 | 18 | $263,306 | $205,689 | $277,875 |
| 2023 | $3,174,664 | $325,588 | $411,132 | $266,684 | 14 | $266,684 | $190,310 | $257,917 |
| 2022 | $3,260,209 | $331,096 | $406,471 | $269,944 | 12 | — | $65,208 | $267,569 |
| 2021 | $3,335,588 | $446,657 | $370,649 | $235,264 | 15 | — | $174,583 | $272,243 |
| 2020 | $3,259,580 | $282,788 | $227,783 | $96,303 | 6 | — | $5,784 | $250,922 |
Under IRS private-foundation payout rules, Shiraki Memorial Foundation reported a distributable amount of $278K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated activities include financial aid for Hawaii students at Baptist theological seminaries and support for retreats, camps, youth activities, and ministry work. Its 2024 grants included support for churches and other Christian ministries, as well as scholarships for seminary students.
Grantmaking
In filing year 2024, the foundation reported 18 grants totaling $263,306. Grant amounts ranged from $1,200 to $40,000, with a median of $13,500. Among the largest listed grants were $40,000 to The First Lap; $34,259 to Various Christian Ministries; $21,563 to an individual recipient Seminary for seminary-student scholarships; and $20,000 each to Harvest Family Life, Hawaii Baptist Academy, and Waipio Community Baptist Church.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Clyde Kakiuchi as president; Susan Arashiro and Roy Mizushima as vice presidents; Gail Gierhart as secretary; and Gregory Wong as treasurer.
Shiraki Memorial Foundation is led by Clyde Kakiuchi, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Clyde Kakiuchi
President
On filings since 2020
3 hrs/week
No compensation reported
Gail Gierhart
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Roy Mizushima
Vice President
On filings since 2020
3 hrs/week
No compensation reported
Susan Arashiro
Vice President
On filings since 2022
3 hrs/week
No compensation reported
Gregory Wong
Treasurer
On filings since 2023
3 hrs/week
No compensation reported
Former officers (1)
- Former: Danette Kong (2020–2021) — Vice President
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 Shiraki Memorial Foundation
How much does Shiraki Memorial Foundation give each year?
Shiraki Memorial Foundation gave $263K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $267K across 14 grants.
What is Shiraki Memorial Foundation's typical grant size?
Shiraki Memorial Foundation's median grant in 2024 was $13,500, and its average grant was $14,628, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Shiraki Memorial Foundation that year got $14K on average.
Where does Shiraki Memorial Foundation give grants?
Shiraki Memorial Foundation gives mostly in Hawaii: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (8%) and Texas (6%). The most frequent recipient cities were Honolulu, HI (6 grants), Waipahu, HI (2 grants) and Kaneohe, HI (2 grants).
Who are Shiraki Memorial Foundation's largest grantees?
Shiraki Memorial Foundation's largest 2024 grantees include The First Lap ($40,000), Various Christian Ministries ($34,259) and Gateway Baptist Seminary ($21,563), according to its 2024 IRS Form 990-PF. It also paid 4 individual scholarships ($41,979), which are not listed by name. Together they received 36% of its itemized 2024 grant dollars.
How large is Shiraki Memorial Foundation?
Shiraki Memorial Foundation reported $3.1M in total assets on its 2024 IRS Form 990-PF. It paid out $263K in qualifying distributions that year, against a required minimum of $278K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Shiraki Memorial Foundation fund?
The foundation’s stated activities include financial aid for Hawaii students at Baptist theological seminaries and support for retreats, camps, youth activities, and ministry work. See mission & focus areas ↑
How do I apply for a grant from Shiraki Memorial Foundation?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Shiraki Memorial Foundation's EIN?
Shiraki Memorial Foundation's EIN (Employer Identification Number) is 94-3274547. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Shiraki Memorial 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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