Ululani Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KAILUA KONA, HI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 7 grants totaling $125K. Net investment income was $440K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
Annual Giving
$125K
Grant Count
7
Avg Grant Size
$18K
Under IRS private-foundation payout rules, Ululani Foundation reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.
About Ululani Foundation
Based on IRS filings
Ululani Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KAILUA KONA, HI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 7 grants totaling $125K. Net investment income was $440K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,556,510 | $3,535,774 | $3,750,873 |
| Revenue | $456,097 | $9,215 | $53,094 |
| Expenses | $179,444 | $218,996 | $244,484 |
| Qualifying Distributions | $139,452 | $178,527 | $206,510 |
| Net Investment Income | $439,624 | $156,025 | $45,733 |
| Distributable Amount | $176,022 | $173,500 | $193,095 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Opera Parallele ($45,000), The Sf Playhouse ($22,930), Music of Remembrance ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CONSERVATORY THEATER SAN FRANCISCO, CA | FUNDING FOR SUPPORT OF FINE ARTS | $5,000 |
| HAWAII ISLAND HUMAN SOCIETY HOLUALOA, HI | FUNDING FOR PROGAMS AND ACTIVITIES | $12,000 |
| MUSIC OF REMEMBRANCE SEATTLE, WA | FUNDING FOR SUPPORT OF FINE ARTS | $15,000 |
| OPERA PARALLELE SAN FRANCISCO, CA | FUNDING FOR SUPPORT OF FINE ARTS | $45,000 |
| THE FOOD BASKET HAWAII ISLANDS FOOD BANK KAILUAKONA, HI | FUNDING FOR HUNGER RELIEF PROGRAMS | $15,000 |
| THE SF PLAYHOUSE SAN FRANCISCO, CA | FUNDING FOR SUPPORT OF FINE ARTS | $22,930 |
| CARLISLE FLOYD CENTENNIAL GREENVILLE, SC | FUNDING FOR SUPPORT OF FINE ARTS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN E HEIMAN | PRES/SEC/DIR | 15 | — |
| DIANE S HEIMAN | VP/TREAS/DIR | 15 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ululani Foundation?
Ululani Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KAILUA KONA, HI. It holds $3.6M in total assets as of 2024.
How large is Ululani Foundation?
As of 2024, Ululani Foundation holds $3.6M in total assets with $456K in annual revenue. It awarded 7 grants totaling $125K in 2024.
Where does Ululani Foundation operate?
Ululani Foundation has awarded grants in California, Hawaii, Nevada, Pennsylvania, South Carolina, Washington.
What size grants does Ululani Foundation award?
In 2024, Ululani Foundation awarded 7 grants totaling $125K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Ululani Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ululani Foundation reported a distributable amount of $176K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ululani Foundation's EIN?
Ululani Foundation's EIN (Employer Identification Number) is 20-3283739. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Ululani Foundation'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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