The Ifuku Family Foundation

HONOLULU, HI EIN: 99-0335904

The Ifuku Family Foundation is a private foundation focused on Education, based in HONOLULU, HI. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $2.2M. Net investment income was $34K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2.2M

Grant Count

Avg Grant Size

$361K

Under IRS private-foundation payout rules, The Ifuku Family Foundation reported a distributable amount of $83K for 2020 — the minimum it must pay out in qualifying distributions.

About The Ifuku Family Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Hawaii $2.2M (100%)

States

Hawaii

Cities

Honolulu

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$59,116
Expenses	$2,191,918
Qualifying Distributions	—
Net Investment Income	$34,014
Distributable Amount	$82,536

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2020

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Hawaii Community Foundation ($2,143,041), Hawaii Public Radio ($5,000), Hawaii Food Bank ($5,000).

Recipient	Purpose	Amount
HAWAII COMMUNITY FOUNDATION HONOLULU, HI	THE FOUNDATION'S TRUSTEES DESIRED TO TRANSITION THE FOUNDATION'S ADMINISTRATION, MANAGEMENT AND OPERATIONS TO AN ORGANIZATION THAT WOULD CONTINUE WITH THE FOUNDERS PRIMARY CHARITABLE PURPOSE OF THE FOUNDATION. HAWAII COMMUNITY FOUNDATION (HCF). HCF IS A STEWARD OF MORE THAN 950 FUNDS, CREATED BY DONORS WHO DESIRE TO TRANSFORM LIVES AND IMPROVE COMMUNITIES. HCF WORKS WITH DONORS TO TAILOR A PROGRAM WHICH IS DONOR SPECIFIC. FOR MORE THAN 100 YEARS HCF HAS WORKED WITH DONORS TO MAKE A DIFFERENCE IN THE COMMUNITY.	$2,143,041
FERN ELEMENTARY SCHOOL HONOLULU, HI	PROVIDED 50% SALARY FOR BAND TEACHER TO CREATE A NEW BAND PROGRAM; HELPED TO RESTORE DONATED INSTRUMENTS.	$3,000
HAWAII PUBLIC RADIO HONOLULU, HI	SUPPORT PROGRAMMING AND OPERATIONS OF THE STATION	$5,000
HAWAII FOOD BANK HONOLULU, HI	SUPPORT COVID FOOD RELIEF PROGRAM	$5,000
THE RESILIENCE FUND HONOLULU, HI	SUPPORT COVID RELIEF PROGRAMS	$5,000
HAWAII SALVATION ARMY HONOLULU, HI	SUPPORT COVID FOOD RELIEF PROGRAM	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
SHERIE GUSUKUMA	PRESIDENT	10	—
SEIKI IFUKU	VICE-PRESIDENT/SECRETARY	2	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is The Ifuku Family Foundation?

The Ifuku Family Foundation is a nonprofit organization focused on Education, based in HONOLULU, HI. It holds — in total assets as of 2020.

Where does The Ifuku Family Foundation operate?

The Ifuku Family Foundation has awarded grants in Hawaii.

What size grants does The Ifuku Family Foundation award?

In 2020, The Ifuku Family Foundation awarded 6 grants totaling $2.2M — an average of about $361K per grant, based on its IRS Form 990 filings.

How much is The Ifuku Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, The Ifuku Family Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.