Waimakua Foundation

LIHUE, HI EIN: 99-0195093

The Waimakua Foundation is a private foundation established in 1980 and based in Lihue, Hawaii. The foundation operates with a volunteer leadership team and focuses on philanthropic giving primarily within the state of Hawaii.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+6.8% YoY

Annual Giving

$135K

+0.0% YoY

Grant Count

22

+0.0% YoY

Avg Grant Size

$6K

+0.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking priorities include support for general operations, the Waialeale project, children's education, and capital campaigns. Primary funding areas encompass Philanthropy, Voluntarism & Grantmaking, Human Services, and Arts, Culture & Humanities.

Grantmaking

The foundation made 22 grants in 2024 totaling $135,000. Grant sizes typically range from $500 to $31,000, with a median grant of approximately $2,000.

Grant Range

s typically range from $500 to $31,000, with a median grant of approximately $2,000.

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Geographic Focus

Where this funder awards grants

The foundation funds organizations across multiple Hawaiian cities and counties, including Anahola, Eleele, Hanalei, Honolulu, Kalaheo, Kapaa, Kekaha, Lihue, and Waimea, with a primary focus on Hawaii-based organizations.

Grant Distribution by State

1states

States

Cities

AnaholaEleeleHanaleiHonoluluKalaheoKapaaKekahaLihueWaimea

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024)

  • Total Assets: $2,158,448
  • Total Revenues: $303,998
  • Total Expenses: $166,462
  • Investment Income and Dividends: $67,651

Expense Ratio

The foundation maintains a 94.8% expense ratio, indicating that the majority of revenue is directed toward programs and grants.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$84K$167K$251K$334K20202021202220232024
Metric202420232022
Total Assets$2,158,448$2,020,912$2,012,100
Revenue$303,998$170,210$290,340
Expenses$166,462$161,398$160,658
Qualifying Distributions$135,000$135,000$134,000
Net Investment Income$273,536$148,512$267,527
Distributable Amount$142,134$125,946$127,203

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$78K$117K$156K19 grants202021 grants202122 grants202222 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NATIONAL TROPICAL BOTANI…$30KKAUAI MUSEUM ASSOCIATION…$22KISLAND SCHOOL$20KNATIONAL TROPICAL BOTANI…$20KKAUAI MUSEUM ASSOCIATION…$10KHUI O LAKA$5KKAUAI COMMUNITY COLLEGE$5KYWCA$5KGARDEN ISLAND RESOURCE C…$2KKAUAI INDEPENDANT FOOD B…$2K

Grant Size Distribution

106 grants across all recorded years

105<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's volunteer leadership team includes:

  • Katherine Richardson – President
  • Wendy Wichman – Secretary
  • Richard Goodale – Treasurer
  • Jonathan Wichman – Assistant Treasurer

All leadership members serve on a voluntary basis without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATHERINE RICHARDSONPRESIDENT
WENDY WICHMANSECRETARY
RICHARD GOODALETREASURER
JONATHAN WICHMANASST TREASURER

Contact Information

Address: 2970 Haleko Rd Ste 201, Lihue, HI 96766-1380

Telephone: 808-955-4279

EIN: 99-0195093

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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