TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
LUNALILO HOME

Number and street (or P.O. box number if mail is not delivered to street address)501 KEKAULUOHI STREET Room/suite

City or town, state, and ZIP code
HONOLULU, HI96825

A Employer identification number

99-0075244

B Telephone number (see page 10 of the instructions)

(808) 394-1464

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$12,899,658J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	521,888
2	Check
3	Interest on savings and temporary cash investments	549		549	549
4	Dividends and interest from securities......	259,569		259,569	259,569
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		171,178
b	Gross sales price for all assets on line 6a 6,408,000
7	Capital gain net income (from Part IV, line 2)...			171,178
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		1,788,327		1,788,327
12	Total. Add lines 1 through 11........	2,741,511		431,296	2,048,445
13	Compensation of officers, directors, trustees, etc.	117,000			117,000
14	Other employee salaries and wages......	1,297,291			1,297,291	1,297,291
15	Pension plans, employee benefits.......	182,469			182,469	182,469
16a	Legal fees (attach schedule).........		27,915		27,915	27,915
b	Accounting fees (attach schedule).......		23,114		23,114	23,114
c	Other professional fees (attach schedule)....		40,853	40,853
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		122,253		122,253	122,253
19	Depreciation (attach schedule) and depletion...		126,687		126,687
20	Occupancy..............	104,058			104,058	104,058
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		317,891		317,891	317,891
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,359,531		40,853	2,318,678	2,074,991
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	2,359,531		40,853	2,318,678	2,074,991
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	381,980
b	Net investment income (if negative, enter -0-)			390,443
c	Adjusted net income (if negative, enter -0-)...

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2010)

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	37,224	4,811	4,811
	2	Savings and temporary cash investments..........	810,325	872,838	872,838
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........	61,582	74,086	74,086
	10a	Investments—U.S. and state government obligations (attach schedule)	1,498,580	1,487,090	1,487,090
	b	Investments—corporate stock (attach schedule)........	3,142,935	2,931,837	2,931,837
	c	Investments—corporate bonds (attach schedule)........	962,741	1,334,452	1,334,452
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,996,058	2,706,504	2,706,504
	14	Land, buildings, and equipment: basis 5,167,638
		Less: accumulated depreciation (attach schedule) 1,682,835	3,564,318	3,484,803	3,484,803
	15	Other assets (describe )	8,270	3,237	3,237
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	12,082,033	12,899,658	12,899,658
	17	Accounts payable and accrued expenses..........	117,262	157,402
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........	117,262	157,402
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	11,964,771	12,407,167
	25	Temporarily restricted................		335,089
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	11,964,771	12,742,256
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	12,082,033	12,899,658

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	11,964,771
2	Enter amount from Part I, line 27a......................	2	381,980
3	Other increases not included in line 2 (itemize)	3	395,505
4	Add lines 1, 2, and 3..........................	4	12,742,256
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	12,742,256

Form 990-PF (2010)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,408,000	0	6,236,822	171,178
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69				(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69		(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a	0	0	0	171,178
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	171,178
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009
2008
2007
2006
2005

2	Total of line 1, column (d) ......................	2
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7	0
8	Enter qualifying distributions from Part XII, line 4..............	8	0
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2010)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: 1988-03-14(attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	N/A
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	0
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?.............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV...........................

Yes

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

www.lunalilo.org

The books are in care of bullet

NALEI AKINA Telephone no. bullet

(808) 394-1464

Located at bullet

501 KEKAULUOHI STREETHONOLULUHI ZIP+4 bullet

96825

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2010?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2010, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2010?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2010.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2010)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
STANLEY HONG	TRUSTEE 10.00	35,800	0	0
C/O 510 KEKAULUOHI STREET HONOLULU,HI96821	TRUSTEE 10.00	35,800	0	0
HARVEY MCINERNY	TRUSTEE-CHAIR 20.00	45,400	0	0
C/O 510 KEKAULUOHI STREET HONOLULU,HI96825	TRUSTEE-CHAIR 20.00	45,400	0	0
KAMANI KUALAAU	TRUSTEE-SEC 10.00	35,800	0	0
C/O 510 KEKAULUOHI STREET HONOLULU,HI96825	TRUSTEE-SEC 10.00	35,800	0	0
JAMES K ASAM	EXEC DIRECTOR 40.00	100,000	7,296	0
C/O 510 KEKAULUOHI STREET HONOLULU,HI96825	EXEC DIRECTOR 40.00	100,000	7,296	0

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	LUNALILO HOME PROVIDES ROOM AND BOARD, DIETARY SVC, LAUNDRY &LINEN, RECREATIONAL THERAPY, TRANSPORTATION & LIMITED MEDICALAND NURSING CARE CONSISTENT WITH EXEMPT PURPOSE. 38 RESIDENTS.	1,739,620
2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3........................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

7,920,709

Average of monthly cash balances.......................

842,238

Fair market value of all other assets (see page 24 of the instructions)............

3,595,837

Total (add lines 1a, b, and c).........................

12,358,784

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) ..............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d..........................

12,358,784

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ............................

185,382

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

12,173,402

Minimum investment return. Enter 5% of line 5...................

608,670

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2010 from Part VI, line 5......

Income tax for 2010. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4.............................

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1.................................

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

2,074,991

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes................................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

2,074,991

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

Adjusted qualifying distributions. Subtract line 5 from line 4...............

2,074,991

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7			0
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	2,179,927
b From 2006.......	2,053,898
c From 2007.......	1,925,273
d From 2008.......	2,006,336
e From 2009.......	1,978,189
fTotal of lines 3a through e.........		10,143,623
4Qualifying distributions for 2010 from Part
XII, line 4: $ 2,074,991
a Applied to 2009, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...
d Applied to 2010 distributable amount.....
e Remaining amount distributed out of corpus		2,074,991
5 Excess distributions carryover applied to 2010.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		12,218,614
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............		2,179,927
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		10,038,687
10 Analysis of line 9:
a Excess from 2006....	2,053,898
b Excess from 2007....	1,925,273
c Excess from 2008....	2,006,336
d Excess from 2009....	1,978,189
e Excess from 2010....	2,074,991

Form 990-PF (2010)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2010, enter the date of the ruling....... bullet

1988-03-14

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2010	(b) 2009	(c) 2008	(d) 2007	(e) Total
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	2,074,991	1,978,189	2,006,336	1,925,273	7,984,789
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	2,074,991	1,978,189	2,006,336	1,925,273	7,984,789
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...	405,780	377,968	404,823	450,064	1,638,635
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2010)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total .................................. 3b

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See page 28 of the instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
aPROGRAM SERVICE FEES					1,768,259
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	549
4 Dividends and interest from securities....			14	259,569
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	171,178
9 Net income or (loss) from special events:			1	5,433
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aMISCELLANEOUS INCOME			1	14,635
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				451,364	1,768,259

13Total. Add line 12, columns (b), (d), and (e)...................

132,219,623

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)
1(a)	OPERATION OF NURSING HOME CONSISTENT WITH EXEMPT PURPOSE.

Form 990-PF (2010)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash....................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements............................

1b(4)

(5) Loans or loan guarantees..............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2010

Name of organization

LUNALILO HOME

Employer identification number

99-0075244

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ, that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, aggregate contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not aggregate to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization LUNALILO HOME
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part I
Part I	Contributors (see Instructions)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
1	OFFICE OF HAWAIIAN AFFAIRS 711 KAPIOLANI BOULEVARD SUITE 500 HONOLULU, HI 968135249	$200,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
2	QUEEN LILI'UOKALANI TRUST 1100 ALAKEA STREET HONOLULU, HI 96813	$150,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
3	KAMEHAMEHA SCHOOLS 567 SOUTH KING STREET HONOLULU, HI 96813	$50,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
4	OLI 'OLI PRODUCTIONS PO BOX 10558 HONOLULU, HI 96816	$10,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
5	SUZANNE MACFARLANE AVINA C/O 501 KEKAULUOHI STREET HONOLULU, HI 96825	$10,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
6	ROBIN DONNA AKINA C/O 501 KEKAULUOHI STREET HONOLULU, HI 96825	$8,800	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization LUNALILO HOME
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part II
Part II	Noncash Property (see Instructions)
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Page 1 of 1 of Part III

Name of organization
LUNALILO HOME

Employer identification number

99-0075244

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2010 AccountingFeesSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ALLEN M. ARAKAKI, CPA INC ACCOUNTING	13,166		13,166	13,166
SONODA & ISARA, LLP AUDITING	9,948		9,948	9,948

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2010 DepreciationSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
LUNALILO HOME	1927-01-01	148,065	148,065	SL	55.00
COTTAGE RENOVATION	2003-01-01	40,011	10,185	SL	27.50	1,455
COTTAGE BLINDS	2003-04-30	1,202	1,202	SL	7.00
MASONRY SERVICES	1982-01-01	5,775	5,775	SL	10.00
MAIN BUILDING IMPROVEMENTS	1982-03-01	14,050	14,050	SL	10.00
PAINTING	1982-04-01	3,540	3,540	SL	3.00
FIRE SPRINKLER SYSTEM	1990-10-01	87,452	87,452	SL	10.00
BUILDING IMPROVEMENTS	2001-09-01	4,147,287	864,018	SL	40.00	103,682
D&D INDUSTRIES	1990-07-01	2,464	2,464	SL	5.00
TRACTOR	1990-10-01	2,288	2,288	SL	5.00
ICE MAKER	1990-10-01	1,224	1,224	SL	5.00
COMPUTER	1991-01-01	3,430	3,430	SL	5.00
ALU LIKE - KOPP (FREEZER)	1991-10-01	1,665	1,665	SL	5.00
MAINTEC, INC. (COMPUTER)	1991-11-01	3,427	3,427	SL	5.00
ELEC BUS MACH (COPIER)	1991-11-01	2,058	2,058	SL	5.00
SEARS (CELLULAR)	1992-03-01	395	395	SL	5.00
ELEC BUS MACH (COPIER)	1992-06-01	1,664	1,664	SL	5.00
BOISE CASCADE (FILE CABINET)	1992-07-01	1,165	1,165	SL	5.00
CART	1992-11-01	1,594	1,594	SL	5.00
REFRIGERATOR	1992-12-01	716	716	SL	5.00
RANGE	1993-08-01	4,044	4,044	SL	5.00
4" BACKFLOW PRECENTOR	1995-05-01	1,600	1,600	SL	5.00
GENERATOR-OLYMPIAN CD050	1995-05-09	21,198	21,198	SL	5.00
GENERATOR-INSTALLATION	1995-05-01	12,817	12,817	SL	5.00
STORAGE CONTAINER	1997-03-20	7,344	7,344	SL	5.00
MICRON COMPUTER(2)/PRINTER(1)-ARAKAKI	1998-12-16	4,175	4,175	SL	5.00
HP 1100SE PRINTER	1999-12-21	417	417	SL	5.00
AMSCO KITCHEN EQUIPMENT	2001-09-01	80,169	80,169	SL	5.00
NORSTAR PLUS TELEPHONE SYSTEM	2001-09-01	3,548	3,548	SL	5.00
DANIEL DESIGN BLINDS,BEDSPREADS	2001-09-01	35,952	35,952	SL	5.00
GTE TELEPHONE SYSTEM	2001-09-01	9,078	9,078	SL	5.00
CARGO FURNITURE	2001-09-01	85,990	85,990	SL	5.00
LAWNMOWER	2002-03-19	3,750	3,750	SL	5.00
(2) 2003 CHEV VAN 7PASS/15PASS VAN VENTURA/EXPRESS	2004-02-01	48,062	48,062	SL	5.00
DELL COMPUTERS/INSTALLATIONS	2004-04-13	7,507	7,507	SL	5.00
LA-Z-BOY FURNITURE - 4 RECLINERS FOR ADC	2004-11-09	1,925	1,421	SL	7.00	275
SLEEPLAND - ROLLAWAY BED	2004-11-24	311	226	SL	7.00	44
GAS BLOWER, HEDGETRIMMER	2004-11-29	267	194	SL	7.00	38
FISHER - VARIOUS EQPT/FURNITURE	2004-01-01	5,046	4,326	SL	7.00	720
FISHER HAWAII - CONFERENCE TABLE	2004-12-08	433	315	SL	7.00	62
FISHER HAWAII - CHAIRS	2004-12-08	334	243	SL	7.00	48
FISHER - ADC FURNITURE	2004-12-08	1,249	907	SL	7.00	178
FISHER - BOOKCASE/STORAGE CABINET	2004-12-10	386	280	SL	7.00	55
FISHER - PRINTER STAND/TV CART	2004-12-20	431	308	SL	7.00	62
VERIZONE - 4-LINE PHONE	2004-12-21	607	607	SL	5.00
FISHER - LATERAL FILE CABINET	2004-12-27	404	289	SL	7.00	58
(3) LUNALILO PORTRAITS	2004-12-29	280	200	SL	7.00	40
BOH - COMPUTERWORKS	2004-12-31	14,137	14,137	SL	5.00
PICTURES PLUS - (3) CUSTOM FRAMES	2005-01-21	778	547	SL	7.00	111
WICKERWORKS - SUN ROOM FURNISHINGS	2005-02-24	2,108	1,455	SL	7.00	301
COSTCO - SAFE/SAFE SUPPLIES	2005-02-25	519	358	SL	7.00	74
DELL 942 PRINTER	2005-03-11	207	200	SL	5.00	7
STORAGE RACK	2005-03-31	1,502	1,019	SL	7.00	215
CICO ENT - WAX MACHINE	2005-03-31	1,615	1,096	SL	7.00	231
TAKEMOTO ELECTRIC - STEAMER CIRCUIT	2005-04-06	1,529	1,037	SL	7.00	218
OFFICE FURNITURE	2005-04-21	214	142	SL	7.00	31
FISHER - OFFICE FURNITURE	2005-08-02	2,835	1,788	SL	7.00	405
WALKIN REFRIGERATOR AND FREEZER	2005-05-27	30,000	19,643	SL	7.00	4,286
RCA - 52" WIDESCREEN REAR PROJ HDTV	2006-10-02	884	405	SL	7.00	126
ROBERT'S REFRIG - REPLACE FREEZER	2006-10-12	3,297	1,511	SL	7.00	471
CSMC - 6 LA-Z-BOY RECLINA-ROCKERS	2006-10-23	5,714	2,619	SL	7.00	816
CONVECTION OVEN - GAS, SINGLE DECK	2007-11-28	2,717	809	SL	7.00	388
LAZBOY RECLINER ROCKER (2)	2007-12-10	6,011	1,789	SL	7.00	859
Additions/Alterations/ADA Ramp 501 Kekauluohi	2007-12-31	208,702	10,435	SL	40.00	5,218
TRI-G22010 FREEZER/2DR/DELIVERY	2008-08-21	3,980	758	SL	7.00	569
REFRIGERATOR FOR SNACK BAR	2008-11-20	416	90	SL	5.00	83
WATER FOUNTAIN	2009-03-12	610	73	SL	7.00	87
COSTCO - TV FOR OHANA ROOM	2009-03-20	1,099	165	SL	5.00	220
AIR CONDITIONER UNIT FOR DISPENSARY	2009-09-01	1,700	113	SL	5.00	340
08 TOYOTA SIENNA VAN (PINE)	2009-01-07	23,103	4,621	SL	5.00	4,621
OFFICE AIR CONDITIONER - SEA BREEZE	2010-04-27	2,200		SL	5.00	293

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2010 GainLossSaleOtherAssetsSch

Name:

LUNALILO HOME

EIN: 99-0075244

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
PUBLICLY TRADED SECURITIES		Purchased		PUBLICLY TRADED	6,408,000			6,236,822	171,178

- TIN:

TY 2010 InvestmentsCorpBondsSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS	1,334,452	1,334,452

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	2,931,837	2,931,837

- TIN:

TY 2010 InvestmentsGovtObligationsSch

Name:

LUNALILO HOME

EIN: 99-0075244

US Government Securities - End of Year Book Value:

1,431,979

US Government Securities - End of Year Fair Market Value:

1,431,979

State & Local Government Securities - End of Year Book Value:

55,111

State & Local Government Securities - End of Year Fair Market Value:

55,111

- TIN:

TY 2010 InvestmentsOtherSchedule2

Name:

LUNALILO HOME

EIN: 99-0075244

Category/ Item	Book Value	End of Year Fair Market Value
ACCRUED INTEREST & DIVIDEND REC	36,948	36,948
MUTUAL FUNDS - EQUITY	1,986,030	1,986,030
MUTUAL FUNDS - FIXED INCOME	683,526	683,526

- TIN:

TY 2010 LandEtcSchedule2

Name:

LUNALILO HOME

EIN: 99-0075244

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
AUTOMOBILE	71,165	57,303	13,862
BUILDING & IMPROVEMENTS	4,656,082	1,255,075	3,401,007
FURNITURE & EQUIPMENT	395,421	370,457	24,964
CONSTRUCTION IN PROGRESS	44,970		44,970

- TIN:

TY 2010 LegalFeesSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PITLUCK KIDO STONE & AIPA LEGAL CONSULTATION	15,377		15,377	15,377
BENJAMIN MATSUBARA MASTER FEE	12,538		12,538	12,538

- TIN:

TY 2010 OtherAssetsSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CLIENT TRUST ACCOUNT	8,270	3,237	3,237
CLIENT TRUST ACCOUNT	8,270	3,237	3,237
CLIENT TRUST ACCOUNT	8,270	3,237	3,237

- TIN:

TY 2010 OtherAssetsSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CLIENT TRUST ACCOUNT	8,270	3,237	3,237
CLIENT TRUST ACCOUNT	8,270	3,237	3,237
CLIENT TRUST ACCOUNT	8,270	3,237	3,237

- TIN:

TY 2010 OtherAssetsSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CLIENT TRUST ACCOUNT	8,270	3,237	3,237
CLIENT TRUST ACCOUNT	8,270	3,237	3,237
CLIENT TRUST ACCOUNT	8,270	3,237	3,237

- TIN:

TY 2010 OtherExpensesSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
CONTRACT SERVICES	45,321	45,321	45,321
DUES & SUBSCRIPTIONS	1,981	1,981	1,981
EQUIPMENT RENTAL	7,138	7,138	7,138
FOOD SUPPLIES	85,685	85,685	85,685
INSURANCE	95,607	95,607	95,607
MISCELLANEOUS	9,346	9,346	9,346
REPAIR & MAINTENANCE	27,680	27,680	27,680
SUPPLIES	45,133	45,133	45,133

- TIN:

TY 2010 OtherIncomeSchedule2

Name:

LUNALILO HOME

EIN: 99-0075244

Description	Revenue And Expenses Per Books	Adjusted Net Income
MISCELLANEOUS INCOME	14,635	14,635
SPECIAL EVENT	5,433	5,433
PROGRAM SERVICE FEES	1,768,259	1,768,259

- TIN:

TY 2010 OtherIncreasesSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Description	Amount
UNREALIZED GAIN ON INVESTMENT	395,505

- TIN:

TY 2010 OtherProfessionalFeesSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK OF HAWAII INVESTMENT CONSULTATION	40,853	40,853

- TIN:

TY 2010 TaxesSchedule

Name:

LUNALILO HOME

EIN: 99-0075244

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	122,253		122,253	122,253