Waimakua Foundation
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
106 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHERINE RICHARDSON | PRESIDENT | — | — |
| WENDY WICHMAN | SECRETARY | — | — |
| RICHARD GOODALE | TREASURER | — | — |
| JONATHAN WICHMAN | ASST TREASURER | — | — |
Contact Information
Address: 2970 Haleko Rd Ste 201, Lihue, HI 96766-1380
Telephone: 808-955-4279
EIN: 99-0195093
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Similar funders by location and focus area
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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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