Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
HAU'OLI MAU LOA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)701 BISHOP STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI968134814
A Employer identification number

13-3588071
B Telephone number (see instructions)

(808) 545-4212
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$130,657,558J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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 instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 48,019 48,019  
4 Dividends and interest from securities... 1,729,811 1,729,811  
5a Gross rents............ 59,067 59,067  
b Net rental income or (loss) 6,591
6a Net gain or (loss) from sale of assets not on line 10 8,431,085
b Gross sales price for all assets on line 6a 8,586,231
7 Capital gain net income (from Part IV, line 2)... 8,431,085
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)....... Click to see attachment 13,310 13,310  
12 Total. Add lines 1 through 11........ 10,281,292 10,281,292  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 759,332 129,273   759,332
14 Other employee salaries and wages...... 304,312 0   304,312
15 Pension plans, employee benefits....... 170,100 12,284   174,324
16a Legal fees (attach schedule)......... Click to see attachment 2,163 0   2,163
b Accounting fees (attach schedule)....... Click to see attachment 71,557 33,867   71,557
c Other professional fees (attach schedule).... Click to see attachment 819,410 553,504   44,918
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 134,884 96,360   40,735
19 Depreciation (attach schedule) and depletion... Click to see attachment 71,325 7,487  
20 Occupancy.............. 163,988 19,205   183,321
21 Travel, conferences, and meetings....... 49,810 4,089   59,046
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 295,157 492   251,516
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,842,038 856,561   1,891,224
25 Contributions, gifts, grants paid....... 7,623,967 7,789,656
26 Total expenses and disbursements. Add lines 24 and 25 10,466,005 856,561   9,680,880
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -184,713
b Net investment income (if negative, enter -0-) 9,424,731
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 4,126,076 2,282,079 2,282,079
2 Savings and temporary cash investments......... 1,502,520 1,890,012 1,890,012
3 Accounts receivable bullet1,200,000
Less: allowance for doubtful accounts bullet   4,671 1,200,000 1,200,000
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet500,000
Less: allowance for doubtful accounts bullet0 0 500,000 500,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 17,559 21,331 21,331
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,720,511 Click to see attachment1,908,563 1,908,563
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 136,828,746 Click to see attachment122,352,657 122,352,657
14 Land, buildings, and equipment: basis bullet1,270,581
Less: accumulated depreciation (attach schedule) bullet780,871 564,408 Click to see attachment489,710 489,710
15 Other assets (describe bullet) Click to see attachment13,206 Click to see attachment13,206 Click to see attachment13,206
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 145,777,697 130,657,558 130,657,558
Liabilities 17 Accounts payable and accrued expenses.......... 138,710 159,055
18 Grants payable................. 5,941,568 6,279,002
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 bullet) Click to see attachment378,358 Click to see attachment103,559
23 Total liabilities (add lines 17 through 22)......... 6,458,636 6,541,616
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 139,319,061 124,115,942
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
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 instructions)..... 139,319,061 124,115,942
31 Total liabilities and net assets/fund balances (see instructions). 145,777,697 130,657,558
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
139,319,061
2
Enter amount from Part I, line 27a .....................
2
-184,713
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
45,000
4
Add lines 1, 2, and 3 ..........................
4
139,179,348
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
15,063,406
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
124,115,942
Form 990-PF (2018)
Form 990-PF (2018)
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 ACADIAN SUSTAINABLE EMERGING EX-FOSSIL FUEL FUND LLC P    
b GENERATION IM GLOBAL EQUITY FUND LLC P    
c OWNERSHIP CAPITAL GLOBAL (USD) FUND LP P    
d STRATEGIC PRIVATE EQUITY FUND III LP P    
e STRATEGIC PRIVATE EQUITY FUND IV LP P    
STRATEGIC GLOBAL BALANCED INST TRUST I (GBIT) P    
STRATEGIC ESG EQUITY PORTFOLIO      
ACADIAN SUSTAINABLE EMERGING EX-FOSSIL FUEL FUND LLC P    
GENERATION IM GLOBAL EQUITY FUND LLC P    
OWNERSHIP CAPITAL GLOBAL (USD) FUND LP P    
STRATEGIC PRIVATE EQUITY FUND II LLC P    
STRATEGIC PRIVATE EQUITY FUND III LP P    
STRATEGIC PRIVATE EQUITY FUND IV LP P    
STRATEGIC GLOBAL BALANCED INST TRUST I (GBIT) P    
OWNERSHIP CAPITAL GLOBAL (USD) FUND LP P    
STRATEGIC PRIVATE EQUITY FUND II LLC P    
STRATEGIC PRIVATE EQUITY FUND III LP P    
STRATEGIC PRIVATE EQUITY FUND IV LP P    
STRATEGIC PRIVATE EQUITY FUND II LLC P    
STRATEGIC PRIVATE EQUITY FUND IV LP P    
(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       -72,591
b       -14,689
c 68,129     68,129
d       -14,474
e 38,332     38,332
5,299,267     5,299,267
13,791     13,791
      -16,745
      -12,349
192,548     192,548
82,481     82,481
1,070,276     1,070,276
351,064     351,064
1,470,343     1,470,343
      -215
      -17,231
      -3,205
      43
      -1,984
      -1,706
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       -72,591
b       -14,689
c       68,129
d       -14,474
e       38,332
      5,299,267
      13,791
      -16,745
      -12,349
      192,548
      82,481
      1,070,276
      351,064
      1,470,343
      -215
      -17,231
      -3,205
      43
      -1,984
      -1,706
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,431,085
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 instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 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?
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 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))
2017 6,955,944 138,493,440 0.050226
2016 9,853,513 133,548,672 0.073782
2015 6,953,521 141,082,581 0.049287
2014 7,234,740 145,018,160 0.049889
2013 7,979,563 140,580,062 0.056762
2
Total of line 1, column (d) .....................
2
0.279946
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.055989
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
139,577,213
5
Multiply line 4 by line 3......................
5
7,814,789
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
94,247
7
Add lines 5 and 6........................
7
7,909,036
8
Enter qualifying distributions from Part XII, line 4,.............
8
10,180,880
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.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 94,247
hereBulletand 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 94,247
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 94,247
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 122,409
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 122,409
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 28,162
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet28,162 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    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..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    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 .
    8b
    Yes
     
    9
    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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    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 instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.HAUOLIMAULOA.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (808) 545-4212

    Located atbullet701 BISHOP STREETHONOLULUHI ZIP+4bullet968134814
    15
    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
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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
    No
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    b
    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 instructions ........
    1b
     
    No
    ........bullet
    c
    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 2018?.............
    1c
     
    No
    2
    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)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    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 instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 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 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    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 instructions ......
    5b
     
     
    .........bullet
    c
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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 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
    HANS BERTRAM-NOTHNAGEL PRESIDENT & DIRECTOR
    7.00     		119,130 0 0
    C/O DEBEVOISE PLIMPTON LLP 919
    THIRD AVENUE
    NEW YORK,NY10022
    WAYNE M PITLUCK VICE PRESIDENT & DIRECTOR
    5.50     		122,513 0 0
    701 BISHOP STREET
    HONOLULU,HI96813
    JAMES KOSHIBA DIRECTOR
    5.50     		106,806 0 0
    701 BISHOP STREET
    HONOLULU,HI96813
    JANIS A REISCHMANN SECRETARY & EXEC DIRECTOR
    40.00     		323,718 51,957 0
    701 BISHOP STREET
    HONOLULU,NY96813
    ANELA SHIMIZU ASST SECRETARY
    40.00     		109,632 37,860 0
    701 BISHOP STREET
    HONOLULU,HI96813
    KYLEE P MAR DIRECTOR
    5.50     		106,806 0 0
    701 BISHOP STREET
    HONOLULU,HI96813
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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
    BRANT H CHILLINGWORTH SENIOR PROGRAM OFFIC
    40.00     		136,164 37,458 0
    701 BISHOP STREET
    HONOLULU,HI96813
    KEAHI E MAKAIMOKU PROGRAM ASSOCIATE
    40.00     		95,800 30,776 0
    701 BISHOP STREET
    HONOLULU,HI96813
    OLIVIA M ARANA ADMIN
    40.00     		60,300 25,651 0
    701 BISHOP STREET
    HONOLULU,HI96813
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    STRATEGIC INVESTMENT GROUP INVESTMENT ADVISOR 511,671
    1001 NINETEENTH ST NORTH
    ARLINGTON,VA22209
    BALL BAKER LEAKE LLP AUDIT AND TAX 93,532
    122 EAST 42 STREET
    NEW YORK,NY10168
    GODEKE CONSULTING INVESTMENT CONSULTANT 60,000
    351 WEST 4 STREET
    NEW YORK,NY10014
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 NONE 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 HAWAII COMMUNITY REINVESTMENT CORP TO SUPPORT ITS COMMUNITY LENDING PROGRAM WHICH IS DESIGNED TO MAKE LOANS TO HAWAII SMALL BUSINESSES, NONPROFIT AND COMMUNITY ORGANIZATIONS THAT WOULD OTHERWISE BE UNABLE TO SECURE FINANCING AT AN EQUITABLE RATE OF INTEREST. 500,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet500,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    135,580,384
    b
    Average of monthly cash balances.......................
    1b
    6,122,370
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    141,702,754
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    141,702,754
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,125,541
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    139,577,213
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,978,861
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,978,861
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    94,247
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    94,247
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,884,614
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,884,614
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,884,614
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    9,680,880
    b
    Program-related investments—total from Part IX-B..................
    1b
    500,000
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    10,180,880
    5
    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 instructions.................
    5
    94,247
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    10,086,633
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 6,884,614
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016...... 2,253,322
    e From 2017...... 217,769
    fTotal of lines 3a through e........ 2,471,091
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 10,180,880
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 6,884,614
    e Remaining amount distributed out of corpus 3,296,266
    5 Excess distributions carryover applied to 2018. 0 0
    (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 5,767,357
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		5,767,357
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 2,253,322
    d Excess from 2017.... 217,769
    e Excess from 2018.... 3,296,266
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see 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 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    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 ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    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) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see 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).)
    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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address 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 (2018)
    Form 990-PF (2018)
    Page 11
    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)
    aPaid during the year
    ALOHA HARVEST INC
    3599 WAIALAE AVENUE SUITE 23
    HONOLULU,HI96816     		N/A NON-PROFIT FIRST GENERATION: OPERATING SUPPORT 240,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FL
    NEW YORK,NY10001     		N/A NON-PROFIT HUMANITARIAN RELIEF: EMERGENCY RELIEF FUND 330,000
    FRIENDS OF THE FUTURE (HEEA)
    64-1032 MAMALAHOA HIGHWAY
    KAMUELA,HI96743     		N/A NON-PROFIT GENERAL OPERATING SUPPORT FOR HAWAII ENVIRONMENTAL EDUCATION ALLIANCE 185,000
    GLOBAL GREEN GRANTS FUND
    2840 WILDERNESS PLACE
    BOULDER,CO80301     		N/A NON-PROFIT ENVIRONMENT: FOR GRASSROOTS ENVIRONMENTAL EFFORTS IN THE GLOBAL SOUTH 175,000
    HALE KIPA INC
    615 PIIKOI STREET
    HONOLULU,HI96814     		N/A NON-PROFIT FIRST GENERATION: OPERATING SUPPORT 419,716
    HANO
    1020 S BERETANIA STREET
    HONOLULU,HI96814     		N/A NON-PROFIT FIELD BUILDING: OPERATING SUPPORT TO BE AN EFFECTIVE VOICE FOR NONPROFIT SECTOR 75,000
    HAWAI'I COMMUNITY FOUNDATION
    827 FORT STREET MALL
    HONOLULU,HI96813     		N/A NON-PROFIT ENVIRONMENT: SUPPORT THE ENVIRONMENTAL FUNDERS GROUP 35,000
    HAWAI'I COMMUNITY REINVESTMENT CORPORATION
    3465 WAIALAE AVENUE STE 303
    HONOLULU,HI96816     		N/A NON-PROFIT $50,000 IS AN OPERATING GRANT,$500,000 IS LOAN CAPITAL OF A PROGRAM RELATED INVESTMENT. 550,000
    HAWAI'I CONSERVATION ALLIANCE FOUNDATION
    677 ALA MOANA BLVD SUITE 320
    HONOLULU,HI96813     		N/A NON-PROFIT ENVIRONMENT: VARIOUS GRANTS 268,100
    HAWAI'I ISLAND COMMUNITY DEVELOPMENT CORP
    100 PAUAHI STREET STE 204
    HILO,HI96720     		N/A NON-PROFIT HOUSING PROJECT 550,000
    HAWAI'I NATURE CENTER INC
    2131 MAKIKI HEIGHTS DRIVE
    HONOLULU,HI96822     		N/A NON-PROFIT FIRST GENERATION: ENABLE LOW-INCOME STUDENTS TO PARTICIPATE IN PROGRAMS 250,000
    HO'ALA SCHOOL
    1067 CALIFORNIA AVE A
    WAHIAWA,HI96786     		N/A NON-PROFIT FIRST GENERATION: TUITION SCHOLARSHIPS 60,000
    HO'OKUA'AINA
    916C AULOA ROAD
    KAILUA,HI96734     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: MENTORSHIP PROGRAM SUPPORT 125,000
    KAHUA PA'A MUA
    PO BOX 630
    WAIANAE,HI96792     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: MENTORSHIP PROGRAM SUPPORT 85,000
    KAKO'O'OIWI
    46-005 KAWA STREET
    KANEOHE,HI96744     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: HULIAMAHI EDUCATION ALLIANCE 189,765
    KANEHUNAMOKU VOYAGING ACADEMY
    47-705 KAMEHAMEHA HWY
    KANEOHE,HI96744     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: STRATEGIC PLANNING & OPERATING SUPPORT 179,735
    KUPU
    4211 WAIALAE AVE STE 1020
    HONOLULU,HI96816     		N/A NON-PROFIT ENVIRONMENT: CONSERVATION LEADERSHIP & ENVIRONMENTAL EDUCATION PROGRAMS 361,215
    MA'O ORGANIC FARMS
    86-148 PUHAWAI ROAD
    WAIANAE,HI96792     		N/A NON-PROFIT HOPE FOR KIDS: CAPACITY BUILDING & LAND PURCHASE 1,299,969
    MALA'AI CULINARY GARDEN OF WAIMEA MIDDLE SCHOOL
    PO BOX 543
    KAMUELA,HI96743     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA:'AINA BASED EDUCAITON PROGRAM 88,000
    OAHU ECONOMIC DEVELOPMENT BOARD
    760 KOLU STREET
    WAILUKU,HI96793     		N/A NON-PROFIT ENVIRONMENT: SUPPORT FOR HAWAII GREEN GROWTH INITIATIVE 25,000
    PAEPAE O HE'EIA
    PO BOX 6355
    KANEOHE,HI96744     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: HULIAMAHI EDUCATION ALLIANCE 138,509
    PAPAHANA KUAOLA
    PO BOX 6484
    KANEOHE,HI96744     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: HULIAMAHI EDUCATION ALLIANCE 202,112
    RISE-KEAUKAHA ONE YOUTH DEVELOPMENT
    101 AUPUNI ST 124
    HILO,HI96720     		N/A NON-PROFIT HOPE FOR KIDS 'ELUA: AFTER SCHOOL PROGRAM 80,000
    SAVE THE CHILDREN
    54 WILTON ROAD
    WESTPORT,CT06880     		N/A NON-PROFIT HUMANITARIAN RELIEF: COORDINATED EFFORTS FOR DISASTER RESPONSE & RISK REDUCTION & GENERAL OPERATING 466,666
    STATE OF HAWAI'I DEPARTMENT OF EDUCATION (KOKEE)
    1390 MILLER STREET
    HONOLULU,HI96813     		N/A NON-PROFIT EDUCATION 141,000
    STATE OF HAWAI'I DEPARTMENT OF EDUCATION (OHE)
    1390 MILLER STREET
    HONOLULU,HI96813     		N/A NON-PROFIT ENVIRONMENTAL 50,000
    STORYBOOK THEATRE OF HAWAI'I
    3814 HANNAPEPE ROAD PO BOX 820
    HANAPEPE,HI96716     		N/A NON-PROFIT FIRST GENERATION: OPERATING SUPPORT 30,000
    THE NATURE CONSERVANCY
    923 NUUANU AVENUE
    HONOLULU,HI96817     		N/A NON-PROFIT ENVIRONMENT: MARINE FELLOWSHIP PROGRAM SUPPORT 81,000
    THREE MOUNTAIN ALLIANCE FOUNDATION
    PO BOX 52
    VOLCANOES PARK,HI96718     		N/A NON-PROFIT ENVIRONMENT: 'IMI-PON0-STUDENT ENRICHMENT PROGRAM 37,311
    TRI-ISLE RESOURCE CONSERVATION & DEVELOPMENT COUNCIL
    244 PAPA PLACE
    HONOLULU,HI96817     		N/A NON-PROFIT RETURN OF GRANT FUNDS -714
    UNIVERSITY OF HAWAI'I FOUNDATION
    2444 DOLE STREET
    HONOLULU,HI96817     		N/A NON-PROFIT ENVIRONMENT: VARIOUS PROJECTS 1,072,272
    Total .................................bullet 3a 7,789,656
    bApproved for future payment
    ALOHA HARVEST INC
    3599 WAIALAE AVENUE SUITE 23
    HONOLULU,HI96816     		N/A NON-PROFIT FIRST GENERATION: OPERATING SUPPORT 225,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FL
    NEW YORK,NY10001     		N/A NON-PROFIT HUMANITARIAN & EMERGENCY RELIEF FUND 990,000
    FRIENDS OF THE FUTURE (HEEA)
    64-1032 MAMALAHOA HIGHWAY
    KAMUELA,HI96813     		N/A NON-PROFIT GENERAL OPERATING SUPPORT FOR HAWAII ENVIRONMENTAL EDUCATION ALLIANCE 115,000
    GLOBAL GREEN GRANTS FUND
    2840 WILDERNESS PLACE
    BOULDER,CO80301     		N/A NON-PROFIT ENVIRONMENT: CONSERVATION LEADERSHIP & ENVIRONMENTAL INTERNSHIP PROGRAM 350,000
    HANO
    1020 S BERETANIA STREET
    HONOLULU,HI96814     		N/A NON-PROFIT FIELD BUILDING: OPERATING SUPPORT TO BE AN EFFECTIVE VOICE FOR NONPROFIT SECTOR 225,000
    HAWAI'I COMMUNITY FOUNDATION
    1020 S BERETANIA STREET
    HONOLULU,HI96814     		N/A NON-PROFIT ENVIRONMENTAL 70,000
    HAWAI'I COMMUNITY REINVESTMENT CORPORATION
    3465 WAIALAE AVENUE STE 303
    HONOLULU,HI96816     		N/A NON-PROFIT OPERATING 100,000
    HAWAI'I CONSERVATION ALLIANCE FOUNDATION
    677 ALA MOANA BLVD SUITE 320
    HONOLULU,HI96813     		N/A NON-PROFIT ENVIRONMENT: SUPPORT FOR LAUKAHI HAWAII PLANT CONSERVATION NETWORK 125,100
    HAWAI'I ISLAND COMMUNITY DEVELOPMENT CORP
    1428 S KING STREET
    HONOLULU,HI96814     		N/A NON-PROFIT SELF-HELP HOUSING PROJECT FOR LOW INCOME FAMILIES 1,530,000
    HAWAI'I NATURE CENTER INC
    2131 MAKIKI HEIGHTS DRIVE
    HONOLULU,HI96822     		N/A NON-PROFIT OPERATING 250,000
    HO'ALA SCHOOL
    1067 CALIFORNIA AVE A
    WAHIAWA,HI96786     		N/A NON-PROFIT EDUCATION 80,000
    KAKO'O'OIWI
    46-005 KAWA STREET
    KANEOHE,HI96744     		N/A NON-PROFIT MARINE FELLOWSHIP GRANTMARINE FELLOWSHIP GRANT 44,000
    SAVE THE CHILDREN
    54 WILTON ROAD
    WILTON,HI06880     		N/A NON-PROFIT HUMANITARIAN RELIEF: DISASTER RESPONSE & RISK REDUCTION & GENERAL OPERATING 466,666
    STATE OF HAWAI'I DEPARTMENT OF EDUCATION (KOKEE)
    1390 MILLER STREET
    HONOLULU,HI96813     		N/A NON-PROFIT ENVIRONMENTAL 50,000
    STORYBOOK THEATRE OF HAWAI'I
    3814 HANNAPEPE ROAD PO BOX 820
    HANAPEPE,HI96716     		N/A NON-PROFIT OPERATING 30,000
    THE NATURE CONSERVANCY
    923 NUUANU AVENUE
    HONOLULU,HI96817     		N/A NON-PROFIT MARINE FELLOWSHIP GRANT 81,000
    THREE MOUNTAIN ALLIANCE FOUNDATION
    PO BOX 630
    VOLCANOES PARK,HI96718     		N/A NON-PROFIT ENVIRONMENTAL 80,000
    UNIVERSITY OF HAWAI'I FOUNDATION
    2444 DOLE STREET
    HONOLULU,HI96817     		N/A NON-PROFIT ENVIRONMENT: VARIOUS GRANTS 1,565,123
    Total .................................bullet 3b 6,376,889
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    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 instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 48,019  
    4 Dividends and interest from securities....     14 1,729,811  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     16 6,591  
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 13,310  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 8,431,085  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 10,228,816 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,228,816
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    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) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BALL BAKER LEAKE LLP 62,355 31,177   62,355
    AKAMINE OYADOMARI & KOSAKI CPAS INC 9,202 2,690   9,202

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

    TY 2018 DepreciationSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    EQUIPMENT 2008-12-15 8,945 8,945 SL 5.000000000000 0 0    
    FURNITURE & FIXTURE 2008-11-21 1,274 1,274 SL 7.000000000000 0 0    
    EQUIPMENT 2009-09-02 1,623 1,623 SL 5.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS 2010-06-01 1,093,444 542,633 SL 15.000000000000 74,664 0    
    FURNITURE & FIXTURE 2010-06-15 93,377 93,377 SL 7.000000000000 0 0    
    EQUIPMENT 2010-06-15 24,980 24,980 SL 5.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS 2011-07-01 6,873 2,912 SL 15.000000000000 458 0    
    EQUIPMENT 2011-12-29 2,247 2,245 SL 5.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS 2012-02-15 7,932 7,292 SL 15.000000000000 529 0    
    OFFICE FURNITURE 2012-03-09 20,687 19,030 SL 7.000000000000 1,376 0    
    FURNITURE & FIXTURE 2013-04-17 4,920 3,339 SL 7.000000000000 703 0    
    COMPUTER 2014-04-03 2,824 2,118 SL 5.000000000000 565 0    
    LAPTOP 2017-11-28 3,291   SL 5.000000000000 0 0    
    COMPUTER 2015-07-02 1,801   SL 5.000000000000 180 0    
    COPIER AND PRINTER 2018-04-05 2,314   SL 5.000000000000 347 0    
    COMPUTER 2009-09-02 1,388 1,388 SL 5.000000000000 0 0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SESG ENVIR SOCIAL PORTFOLIO 1,908,563 1,908,563

    TY 2018 InvestmentsOtherSchedule2
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STRATEGIC PRIVATE EQUITY FD II LLC FMV 1,107,312 1,107,312
    GLOBAL BALANCED INST TRUST I FMV 99,813,475 99,813,475
    STRATEGIC PRIVATE EQUITY FD III LP FMV 5,453,466 5,453,466
    STRATEGIC PRIVATE EQUITY FD IV, LP FMV 8,891,058 8,891,058
    OWNERSHIP CAPITAL GLOBAL EQUITY FMV 3,068,298 3,068,298
    ACADIAN EQ EX-FOSSIL FUEL FUND LLC FMV 879,481 879,481
    GENERATION IM GLOBAL EQUITY FND LLC FMV 2,965,554 2,965,554
    STRATEGIC PRIVATE EQUITY FD V LLC FMV 174,013 174,013

    TY 2018 LandEtcSchedule2
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & FIXTURE 1,274 1,274 0  
    LEASEHOLD IMPROVEMENTS 1,093,444 617,297 476,147  
    FURNITURE & FIXTURE 93,377 93,377 0  
    EQUIPMENT 24,980 24,980 0  
    LEASEHOLD IMPROVEMENTS 6,873 3,370 3,503  
    EQUIPMENT 2,247 2,245 2  
    LEASEHOLD IMPROVEMENTS 7,932 7,821 111  
    OFFICE FURNITURE 20,687 20,406 281  
    FURNITURE & FIXTURE 4,920 4,042 878  
    COMPUTER SOFTWARE 3,229 3,229 0  
    COMPUTER 2,824 2,683 141  
    LAPTOP 3,291 3,291 0  
    COMPUTER 1,801 180 1,621  
    COPIER AND PRINTER 2,314 347 1,967  
    COMPUTER 1,388 1,388 0  


    TY 2018 LegalFeesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CADES SCHUTTE LLP 2,163 0   2,163


    TY 2018 OtherAssetsSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 13,206 13,206 13,206


    TY 2018 OtherDecreasesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description Amount
    UNREALIZED LOSS 15,063,406


    TY 2018 OtherExpensesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM EXPENSES 205,695 0   202,322
    OFFICE SUPPLIES 4,684 492   5,920
    DUES,MEMBERSHIPS, SUBSCRIPTIONS 0 0   20,835
    INSURANCE 0 0   12,657
    ADMINISTRATIVE EXPENSES 65,587 0   9,166
    POSTAGE AND DELIVERY 548 0   616
    REPAIRS & MAINTENANCE 18,643 0   0


    TY 2018 OtherIncomeSchedule2
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    STRATEGIC PRIVATE EQUITY FUND III LP 8,727 8,727 8,727
    ACADIAN FUEL FUND LLC -1,840 -1,840 -1,840
    STRATEGIC GLOBAL BALANCED INSTITUTIONAL TRUST I -276,874 -276,874 -276,874
    STRATEGIC PRIVATE EQUITY FUND II LP 67,108 67,108 67,108
    STRATEGIC PRIVATE EQUITY FUND III LP -102,648 -102,648 -102,648
    STRATEGIC PRIVATE EQUITY FUND IV LP -97,293 -97,293 -97,293
    OWNERSHIP CAPITAL GLOBAL FD LP -107,372 -107,372 -107,372
    STRATEGIC PRIVATE EQUITY FUND V LP -9,189 -9,189 -9,189
    MADOFF VICTIM FUND RECOVERY 614,546 614,546 614,546
    GENERATION IM GLOBAL EQUITY FUND LLC -90,225 -90,225 -90,225
    MISCELLANEOUS INCOME 8,370 8,370 8,370


    TY 2018 OtherIncreasesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description Amount
    FEDERAL EXCISE TAXES 45,000


    TY 2018 OtherLiabilitiesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED RENT BENEFIT 58,309 53,559
    DEFERRED EXCISE TAX PAYABLE 190,000 50,000
    PENSION PLAN PAYABLE 2,033 0
    FEDERAL EXCISE TAX PAYABLE 128,016 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 39,605 30,000   44,918
    CUSTODY & INVESTMENT MGMT FEES 779,805 523,504   0


    TY 2018 TaxesSchedule
    Name:
    HAU'OLI MAU LOA FOUNDATION
    EIN:
    13-3588071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 40,735 2,826   40,735
    DELAWARE & HAWAII FRANCHISE TAX 615 0   0
    FOREIGN TAXES 93,534 93,534   0