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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
FIRST HAWAIIAN BANK FOUNDATION
 
% FIRST HAWAIIAN BANK
Number and street (or P.O. box number if mail is not delivered to street address)999 BISHOP STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI96813
A Employer identification number

23-7437822
B Telephone number (see instructions)

(808) 525-7777
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$8,598,356
J 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) 2,004
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,943 1,943 1,943
4 Dividends and interest from securities... 177,497 177,415 177,497
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 255,584
b Gross sales price for all assets on line 6a 6,444,770
7 Capital gain net income (from Part IV, line 2)... 255,584
8 Net short-term capital gain......... 58,093
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)....... 6,681   6,681
12 Total. Add lines 1 through 11........ 443,709 434,942 244,214
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 10,367 367 367  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,367 367 367 0
25 Contributions, gifts, grants paid....... 3,621,020 3,621,020
26 Total expenses and disbursements. Add lines 24 and 25 3,631,387 367 367 3,621,020
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,187,678
b Net investment income (if negative, enter -0-) 434,575
c Adjusted net income (if negative, enter -0-)... 243,847
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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.............      
2 Savings and temporary cash investments......... 808,334 736,018 736,018
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 17,212 Click to see attachment50,254 51,281
b Investments—corporate stock (attach schedule)....... 1,196,416 Click to see attachment439,451 682,413
c Investments—corporate bonds (attach schedule)....... 8,848,186 Click to see attachment6,666,858 7,114,263
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment49,492 Click to see attachment14,381 Click to see attachment14,381
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,919,640 7,906,962 8,598,356
Liabilities 17 Accounts payable and accrued expenses.......... 0 175,000
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 bullet) 0  
23 Total liabilities (add lines 17 through 22)......... 0 175,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 10,919,640 7,731,962
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 10,919,640 7,731,962
30 Total liabilities and net assets/fund balances (see instructions). 10,919,640 7,906,962
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
10,919,640
2
Enter amount from Part I, line 27a .....................
2
-3,187,678
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,731,962
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,731,962
Form 990-PF (2020)
Form 990-PF (2020)
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 P    
b PUBLICLY TRADED SECURITIES P    
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 1,754,703   1,696,610 58,093
b 4,688,421   4,492,576 195,845
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       58,093
b       195,845
c
d
e
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 2 255,584
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 58,093
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 6,041
c All other domestic foundations enter 1.39% 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  
3 Add lines 1 and 2........................... 3 6,041
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 6,041
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 9,959
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet9,959 RefundedBullet 11  
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? Click to see attachment....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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.Click to see attachment
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)
    bulletHI
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletN/A
    14
    The books are in care ofbulletFIRST HAWAIIAN BANK Telephone no.bullet (808) 525-7777

    Located atbullet999 BISHOP STREETHONOLULUHI ZIP+4bullet96813
    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 2020, 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
     
     
    ........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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ROBERT S HARRISON CHAIRMAN AND DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    CAMERON W NEKOTA PRESIDENT AND DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    ALTON A MURAKAMI VICE PRESIDENT AND TAX MANAGER
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    JOEL E RAPPOPORT VICE PRES., SEC. AND DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    RAVI MALLELA TREASURER AND DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    WALTER A DODS JR CHAIRMAN EMERITUS AND DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    ALAN H ARIZUMI DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    MITCHELL NISHIMOTO DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    CHRISTOPHER L DODS DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    GINA O W ANONUEVO DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    ANTHONY R GUERRERO JR DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    CORBETT A K KALAMA DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    IRIS Y MATSUMOTO DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    DONALD G HORNER DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    RALPH M MESICK DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    LANCE MIZUMOTO DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    NEILL A CHAR DIRECTOR
    0
    0 0 0
    999 BISHOP STREET
    HONOLULU,HI96813
    SHARON S BROWN DIRECTOR
    0
    0 0 0
    999 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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
     
    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  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    8,433,638
    b
    Average of monthly cash balances.......................
    1b
    957,906
    c
    Fair market value of all other assets (see instructions)................
    1c
    20,655
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,412,199
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    9,412,199
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    141,183
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,271,016
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    463,551
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    463,551
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,041
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,041
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    457,510
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    457,510
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    457,510
    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
    3,621,020
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,621,020
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,621,020
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 457,510
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 943,299
    b From 2016...... 677,050
    c From 2017...... 957,366
    d From 2018...... 1,016,478
    e From 2019...... 980,371
    fTotal of lines 3a through e........ 4,574,564
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,621,020
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 457,510
    e Remaining amount distributed out of corpus 3,163,510
    5 Excess distributions carryover applied to 2020.    
    (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 7,738,074
    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 instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    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) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    943,299
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    6,794,775
    10 Analysis of line 9:
    a Excess from 2016.... 677,050
    b Excess from 2017.... 957,366
    c Excess from 2018.... 1,016,478
    d Excess from 2019.... 980,371
    e Excess from 2020.... 3,163,510
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CAMERON W NEKOTA
    999 BISHOP STREET
    HONOLULU,HI96813
    (808) 525-7777
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMIT A LETTER OF REQUEST DETAILING THE ORGANIZATION'S PURPOSE, TAX-EXEMPT STATUS, AND PROPOSED USE OF FUNDS.
    cAny submission deadlines:
    APPLICATIONS ARE ACCEPTED AT ANY TIME.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THERE ARE NO RESTRICTIONS.
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Iolani School
    563 Kamoku Street
    Honolulu,HI96826
      PC To support campus expansion (new Kinder-1st Grade Community). 50,000
    Waianae Coast Comprehensive Health Center
    86-260 Farrington Hwy
    Waianae,HI96792
      PC To support capital campaign to expand dental clinic. 50,000
    Girl Scouts of Hawaii
    410 Atkinson Dr
    Suite 1E1 Box 3
    Honolulu,HI96814
      PC To support creation of STEM Center for Excellence at Camp Paumalu. 37,500
    St Francis Healthcare Foundation of Hawaii
    2228 Liliha St Suite 205
    Honolulu,HI96817
      PC To support construction of Kupuna Village Quality of Life Center. 31,250
    Aloha Council Boy Scouts of America
    42 Puiwa Rd
    Honolulu,HI96817
      PC To support improvement and modernization of existing Scout Camps. 37,500
    YMCA of Honolulu
    1441 Pali hwy
    Honolulu,HI96813
      PC To support capital campaign to renovate various facilities. 37,500
    Guam Memorial Hospital Volunteer Association
    647 Route 8
    Maite   96910
    GQ
      PC To support the purchase of medical equipment for the Labor and Delivery Unit. 62,200
    Parker School
    65-1224 Lindsey Rd
    Kamuela,HI96743
      PC To support capital campaign for Center for Sports, Science and the Arts, and for required facility upgrades. 30,000
    Aio Foundation
    1000 Bishop St Suite 202
    Honolulu,HI96813
      PC To support construction of facilities for homeless families. 50,000
    Ho'ola Na Pua
    PO Box 22551
    Honolulu,HI96823
      PC To support renovation of treatment facility for children who are victims of sexual exploitation. 25,000
    Lyman Museum
    276 Haili St
    Hilo,HI96720
      PC To support redesign and update of Island Heritage Gallery. 25,000
    North Hawaii Community Hospital
    67-1125 Mamalahoa Hwy
    Kamuela,HI96734
      PC To support construction of new emergency room. 25,000
    Punahou School
    1601 Punahou St
    Honolulu,HI96822
      PC To support construction of Phase 1B of Sidney and Minnie Kosasa Community. 50,000
    Vision to Learn and Project Vision Hawaii
    12100 Wilshire Blvd Suite 1275
    Los Angeles,CA90025
      PC To support programs to provide glasses to children of low-income communities. 50,000
    Kuakini Foundation
    347 North Kuakini St
    Honolulu,HI96817
      PC To support the purchase of emergency generators at the Liliha campus. 40,000
    YWCA Oahu
    1040 Richards St
    Honolulu,HI96813
      PC To support the renovation of the organization's headquarters. 16,667
    Canada-France-Hawaii Telescope Corporation
    65-1238 Mamalahoa Hwy
    Kamuela,HI96743
      PC To support scholars program for young astronomers. 25,000
    Goodwill Industries of Hawaii
    2610 Kilihau St
    Honolulu,HI96819
      PC To support renovation and expansion of Career and Learning Center. 25,000
    Island School
    3-1875 Kaumualii Hwy
    Lihue,HI96766
      PC To support capital campaign to construct classroom building. 25,000
    Ka Lima O Maui
    J Walter Cameron Center
    95 Mahalani St Suite 19B
    Wailuku,HI96793
      PC To support capital campaign to construct new building for training adults with disabilities. 25,000
    St Andrew's School
    224 Queen Emma Square
    Honolulu,HI96813
      PC To support renovation of the gymnasium. 25,000
    Hawaii High School Automotive Academy
    University of Hawaii Foundation
    1314 South King St Suite B
    Honolulu,HI96814
      PC To support program for high school students interested in automotive industry. 7,500
    Hawaii Community Foundation
    827 Fort Street Mall
    Honolulu,HI96813
      PC To support Stronger Together Hawaii Scholarship Fund. 1,000,000
    Blood Bank of Hawaii
    2043 Dillingham Blvd
    Honolulu,HI96819
      PC To support services provided to communities impacted by COVID-19. 250,000
    The Queen's Health Systems
    1301 Punchbowl St
    Honolulu,HI96813
      PC To support conversion of rooms to dedicated infectious disease program units. 50,000
    Child and Family Services
    91-1841 Ft Weaver Rd
    Ewa Beach,HI96706
      PC To support services provided to communities impacted by COVID-19. 200,000
    Empty Vessel Ministry Foundation
    PO Box 10003 PMB4
    Saipan   96950
    CQ
      PC To support services provided to communities impacted by COVID-19. 25,000
    Feeding Hawaii Together
    2522 Rose St
    Honolulu,HI96819
      PC To support services provided to communities impacted by COVID-19. 25,000
    Henry Kapono Foundation
    130 Lunalilo Home Rd
    Honolulu,HI96825
      PC To support services provided to communities impacted by COVID-19. 10,000
    Karidat Social Services
    PO Box 501058 CK
    Saipan   96950
    CQ
      PC To support services provided to communities impacted by COVID-19. 25,000
    Kauai Strong Fund
    Hawaii Community Foundation
    827 Fort Street Mall
    Honolulu,HI96813
      PC To support services provided to communities impacted by COVID-19. 25,000
    Maui County Farm Bureau
    PO Box 148
    Kula,HI96790
      PC To support services provided to communities impacted by COVID-19. 15,000
    Salvation Army Guam
    PO Box 23038
    GMF   96921
    GQ
      PC To support services provided to communities impacted by COVID-19. 50,000
    Todu Guam Foundation
    125 Tun Jesus Crisostomo St 104
    Tamuning   96913
    GQ
      PC To support services provided to communities impacted by COVID-19. 50,000
    Economic Research Org at the University of Hawaii
    University of Hawaii Foundation
    1314 South King St Suite B
    Honolulu,HI96814
      PC To support economic research relevant to Hawaii and the Asia-Pacific region. 41,666
    Aloha Harvest
    3599 Waialae Ave 23
    Honolulu,HI96816
      PC To support services provided to communities impacted by COVID-19. 100,000
    Aloha United Way
    200 North Vineyard Blvd Suite 700
    Honolulu,HI96817
      PC Corporate pledge. 100,000
    Diamond Head Theatre
    520 Makapuu Ave
    Honolulu,HI96816
      PC To support capital campaign for new arts center. 25,000
    Hawaii Foodbank
    2611 Kilihau St
    Honolulu,HI96819
      PC To support services provided to communities impacted by COVID-19. 100,000
    Kokua Kalihi Valley Comprehensive Family Services
    2239 N School St
    Honolulu,HI96819
      PC To support capital campaign for studio, cultural arts center and education space. 25,000
    Pali Momi Foundation
    55 Merchant St Suite 2600
    Honolulu,HI96813
      PC To support Phase III of the James T. Kakuda Cancer Center. 50,000
    Mid-Pacific Institute
    2445 Kaala St
    Honolulu,HI96822
      PC To support Kupu Hou Academy workshop for public and charter school teachers. 25,000
    The Mediation Center of the Pacific Inc
    The Kukui Center
    245 N Kukui St 206
    Honolulu,HI96817
      PC To support the purchase of permanent facilities for dispute resolution primarily for low-income individuals. 25,000
    Hawaii Children's Discovery Center
    Kakaako Waterfront Park
    111 Ohe St
    Honolulu,HI96813
      PC To support upgrading exhibits and IT infrastructure. 25,000
    Hawaii Meals on Wheels
    2728 Huapala St 209
    Honolulu,HI96822
      PC To support services provided to communities impacted by COVID-19. 50,000
    Hawaii Island United Way
    688 Kinoole St 201
    Hilo,HI96721
      PC Corporate pledge. 35,000
    Iolani School
    563 Kamoku St
    Honolulu,HI96826
      PC To support the financial aid program for the 2020-2021 school year. 25,325
    Big Brothers Big Sisters of Hawaii
    2119 N King St 202
    Honolulu,HI96819
      PC To support COVID response campaign to expand services through technology and other means to support at-risk children and family members. 25,000
    Kauai Independent Food Bank
    3285 Waapa Rd
    Lihue,HI96766
      PC To support services provided to communities impacted by COVID-19. 25,000
    Lanakila Pacific
    1809 Bachelot St
    Honolulu,HI96817
      PC To support Meals on Wheels program to provide emergency care packages. 25,000
    Lawakua Charitable Fund
    737 Bishop St Suite 1875
    Honolulu,HI96813
      PC To support private school scholarship program. 25,000
    Maui Food Bank
    760 Kolu St
    Wailuku,HI96793
      PC To support services provided to communities impacted by COVID-19. 25,000
    Rehab Foundation
    226 North Kuakini St
    Honolulu,HI96817
      PC To support services provided to communities impacted by COVID-19. 25,000
    Susannah Wesley Community Center
    1117 Kaili St
    Honolulu,HI96819
      PC To support the completion of asbestos abatement in community multi-purpose room. 25,000
    Sutter Health Kahi Mohala
    91-2301 Old Fort Weaver Rd
    Ewa Beach,HI96706
      PC To support services provided to communities impacted by COVID-19. 25,000
    Teach for America
    500 Ala Moana Blvd Suite 3-580
    Honolulu,HI96813
      PC To support Teacher Pre-Service Training Summer Institute program. 25,000
    The Food Basket-Hawaii Island Foodbank
    40 Holomua St
    Hilo,HI96720
      PC To support services provided to communities impacted by COVID-19. 25,000
    Maui United Way
    95 Mahalani St Suite 24
    Wailuku,HI96793
      PC Corporate pledge. 22,500
    Hanalani Schools
    94-294 Anania Dr
    Mililani,HI96789
      PC To support Playground Enhancement project. 20,000
    Hawaii Pacific University
    1 Aloha Tower Dr
    Honolulu,HI96813
      PC To support Holomua Commitment for financial aid. 20,000
    Helping Hands Hawaii
    2100 N Nimitz Hwy
    Honolulu,HI96819
      PC To support donation warehouse and distribution center. 20,000
    Kauai United Way
    4374 Kukui Grove St Suite 201
    Lihue,HI96766
      PC Corporate pledge. 20,000
    Navian Hawaii
    860 Iwilei Rd
    Honolulu,HI96817
      PC To support new electronic medical records system. 20,000
    The Institute for Human Services Inc
    546 Kaaahi St
    honolulu,HI96817
      PC To support the purchase of laptop computers for case managers. 18,062
    Waioli Corporation
    PO Box 1631
    Lihue,HI96766
      PC To support construction of facilities to preserve historical records. 16,000
    Kauai North Shore Food Pantry
    PO Box 1172
    Kilauea,HI96754
      PC To support programs serving the homeless, underfed individuals/families and the elderly. 15,000
    Kauai Planning & Action Alliance
    2959 Umi St Suite 201
    Lihue,HI96766
      PC To support Kauai Resilience Project and Kekaha Early Literacy Project. 15,000
    Hawaii Children's Action Network
    850 Richards St Suite 201
    Honolulu,HI96813
      PC To support financial relief to families for child care costs. 10,000
    Ku'ikahi Mediation Center
    101 Aupuni St Suite PH 1014 B-2
    Hilo,HI96720
      PC To support Rapid Response Landlord Tenant Mediation Program. 10,000
    La Pietra Hawaii School for Girls
    2933 Poni Moi Road
    Honolulu,HI96815
      PC To support tuition aid program. 10,000
    Never Quit Dreaming
    92-100 Palahia Pl
    Kapolei,HI96707
      PC To support equipment purchase for special needs children by Wax Academy. 10,000
    North Hawaii Hospice
    65-1328 Kawaihae Rd
    Kamuela,HI96743
      PC To support community awareness campaign regarding Medical Aid in Dying law. 10,000
    Friends of the Future
    64-1032 Mamalahoa Hwy 304
    Kamuela,HI96743
      PC To support Tutu's House Connects project purchase of new AV equipment. 6,850
    American Red Cross of Hawaii
    4155 Diamond Head Rd
    Honolulu,HI96816
      PC To support Home Fire Campaign. 5,000
    Coast Guard Foundation
    394 Taugwonk Rd
    Stonington,CT06378
      PC To support Youth Enrichment Program to help Coast Guard families. 5,000
    Kauai SPCA
    PO Box 1018
    Kilauea,HI96754
      PC To support Pet Food Relief Program. 5,000
    Life's Bridges Hawaii Inc
    PO Box 1964
    Lihue,HI96766
      PC To support Kauai Leaders Against Suicide Program. 5,000
    Small World Preschool
    PO Box 636
    Kamuela,HI96743
      PC To support the purchase of commercial sanitation and disinfecting equipment. 3,000
    Friendly Isle United Way
    molokai Community Service Council
    PO Box 2047
    Kaunakakai,HI96748
      PC Corporate pledge. 2,500
    Total .................................bullet 3a 3,621,020
    bApproved for future payment
    The Queen's Health Systems
    1301 Punchbowl St
    Honolulu,HI96813
      PC To support conversion of rooms to dedicated infectious disease program units. 150,000
    Economic Research Org at the University of Hawaii
    University of Hawaii Foundation
    1314 South King St Suite B
    Honolulu,HI96814
      PC To support economic research relevant to Hawaii and the Asia-Pacific region. 83,334
    Diamond Head Theatre
    520 Makapuu Ave
    Honolulu,HI96816
      PC To support capital campaign for new arts center. 75,000
    Kokua Kalihi Valley Comprehensive Family Services
    2239 N School St
    Honolulu,HI96819
      PC To support capital campaign for studio, cultural arts center and education space. 75,000
    Pali Momi Foundation
    55 Merchant St Suite 2600
    Honolulu,HI96813
      PC To support Phase III of the James T. Kakuda Cancer Center. 50,000
    Mid-Pacific Institute
    2445 Kaala St
    Honolulu,HI96822
      PC To support Kupu Hou Academy workshop for public and charter school teachers. 50,000
    The Mediation Center of the Pacific Inc
    The Kukui Center
    245 N Kukui St 206
    Honolulu,HI96817
      PC To support the purchase of permanent facilities for dispute resolution primarily for low-income individuals. 50,000
    Hawaii Children's Discovery Center
    Kakaako Waterfront Park
    111 Ohe St
    Honolulu,HI96813
      PC To support upgrading exhibits and IT infrastructure. 25,000
    Child and Family Services
    91-1841 Ft Weaver Rd
    Ewa Beach,HI96706
      PC To support Stronger Families Fund. 75,000
    Hawaii HomeOwnership Center
    1259 Aala Street 201
    Honolulu,HI96817
      PC To support Home Stability for Hawaii project. 75,000
    Aloha United Way
    200 North Vineyard Blvd Suite 700
    Honolulu,HI96817
      PC Corporate pledge. 100,000
    Hawaii Island United Way
    688 Kinoole St 201
    Hilo,HI96721
      PC Corporate pledge. 35,000
    Maui United Way
    95 Mahalani St Suite 24
    Wailuku,HI96793
      PC Corporate pledge. 22,500
    Kauai United Way
    4374 Kukui Grove St Suite 201
    Lihue,HI96766
      PC Corporate pledge. 20,000
    Friendly Isle United Way
    Molokai Community Service Council
    PO Box 2047
    Kaunakakai,HI96748
      PC Corporate pledge. 2,500
    Total .................................bullet 3b 888,334
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 1,943  
    4 Dividends and interest from securities....     14 177,415 82
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 255,584  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS OTHER INCOME
        01 6,681  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   441,623 82
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    441,705
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 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
    Iolani School563 Kamoku Street
    Honolulu,HI96826
      PC To support campus expansion (new Kinder-1st Grade Community). 50,000
    Waianae Coast Comprehensive Health Center86-260 Farrington Hwy
    Waianae,HI96792
      PC To support capital campaign to expand dental clinic. 50,000
    Girl Scouts of Hawaii410 Atkinson Dr
    Suite 1E1 Box 3
    Honolulu,HI96814
      PC To support creation of STEM Center for Excellence at Camp Paumalu. 37,500
    St Francis Healthcare Foundation of Hawaii2228 Liliha St Suite 205
    Honolulu,HI96817
      PC To support construction of Kupuna Village Quality of Life Center. 31,250
    Aloha Council Boy Scouts of America42 Puiwa Rd
    Honolulu,HI96817
      PC To support improvement and modernization of existing Scout Camps. 37,500
    YMCA of Honolulu1441 Pali hwy
    Honolulu,HI96813
      PC To support capital campaign to renovate various facilities. 37,500
    Guam Memorial Hospital Volunteer Association647 Route 8
    Maite   96910
    GQ
      PC To support the purchase of medical equipment for the Labor and Delivery Unit. 62,200
    Parker School65-1224 Lindsey Rd
    Kamuela,HI96743
      PC To support capital campaign for Center for Sports, Science and the Arts, and for required facility upgrades. 30,000
    Aio Foundation1000 Bishop St Suite 202
    Honolulu,HI96813
      PC To support construction of facilities for homeless families. 50,000
    Ho'ola Na PuaPO Box 22551
    Honolulu,HI96823
      PC To support renovation of treatment facility for children who are victims of sexual exploitation. 25,000
    Lyman Museum276 Haili St
    Hilo,HI96720
      PC To support redesign and update of Island Heritage Gallery. 25,000
    North Hawaii Community Hospital67-1125 Mamalahoa Hwy
    Kamuela,HI96734
      PC To support construction of new emergency room. 25,000
    Punahou School1601 Punahou St
    Honolulu,HI96822
      PC To support construction of Phase 1B of Sidney and Minnie Kosasa Community. 50,000
    Vision to Learn and Project Vision Hawaii12100 Wilshire Blvd Suite 1275
    Los Angeles,CA90025
      PC To support programs to provide glasses to children of low-income communities. 50,000
    Kuakini Foundation347 North Kuakini St
    Honolulu,HI96817
      PC To support the purchase of emergency generators at the Liliha campus. 40,000
    YWCA Oahu1040 Richards St
    Honolulu,HI96813
      PC To support the renovation of the organization's headquarters. 16,667
    Canada-France-Hawaii Telescope Corporation65-1238 Mamalahoa Hwy
    Kamuela,HI96743
      PC To support scholars program for young astronomers. 25,000
    Goodwill Industries of Hawaii2610 Kilihau St
    Honolulu,HI96819
      PC To support renovation and expansion of Career and Learning Center. 25,000
    Island School3-1875 Kaumualii Hwy
    Lihue,HI96766
      PC To support capital campaign to construct classroom building. 25,000
    Ka Lima O MauiJ Walter Cameron Center
    95 Mahalani St Suite 19B
    Wailuku,HI96793
      PC To support capital campaign to construct new building for training adults with disabilities. 25,000
    St Andrew's School224 Queen Emma Square
    Honolulu,HI96813
      PC To support renovation of the gymnasium. 25,000
    Hawaii High School Automotive AcademyUniversity of Hawaii Foundation
    1314 South King St Suite B
    Honolulu,HI96814
      PC To support program for high school students interested in automotive industry. 7,500
    Hawaii Community Foundation827 Fort Street Mall
    Honolulu,HI96813
      PC To support Stronger Together Hawaii Scholarship Fund. 1,000,000
    Blood Bank of Hawaii2043 Dillingham Blvd
    Honolulu,HI96819
      PC To support services provided to communities impacted by COVID-19. 250,000
    The Queen's Health Systems1301 Punchbowl St
    Honolulu,HI96813
      PC To support conversion of rooms to dedicated infectious disease program units. 50,000
    Child and Family Services91-1841 Ft Weaver Rd
    Ewa Beach,HI96706
      PC To support services provided to communities impacted by COVID-19. 200,000
    Empty Vessel Ministry FoundationPO Box 10003 PMB4
    Saipan   96950
    CQ
      PC To support services provided to communities impacted by COVID-19. 25,000
    Feeding Hawaii Together2522 Rose St
    Honolulu,HI96819
      PC To support services provided to communities impacted by COVID-19. 25,000
    Henry Kapono Foundation130 Lunalilo Home Rd
    Honolulu,HI96825
      PC To support services provided to communities impacted by COVID-19. 10,000
    Karidat Social ServicesPO Box 501058 CK
    Saipan   96950
    CQ
      PC To support services provided to communities impacted by COVID-19. 25,000
    Kauai Strong FundHawaii Community Foundation
    827 Fort Street Mall
    Honolulu,HI96813
      PC To support services provided to communities impacted by COVID-19. 25,000
    Maui County Farm BureauPO Box 148
    Kula,HI96790
      PC To support services provided to communities impacted by COVID-19. 15,000
    Salvation Army GuamPO Box 23038
    GMF   96921
    GQ
      PC To support services provided to communities impacted by COVID-19. 50,000
    Todu Guam Foundation125 Tun Jesus Crisostomo St 104
    Tamuning   96913
    GQ
      PC To support services provided to communities impacted by COVID-19. 50,000
    Economic Research Org at the University of HawaiiUniversity of Hawaii Foundation
    1314 South King St Suite B
    Honolulu,HI96814
      PC To support economic research relevant to Hawaii and the Asia-Pacific region. 41,666
    Aloha Harvest3599 Waialae Ave 23
    Honolulu,HI96816
      PC To support services provided to communities impacted by COVID-19. 100,000
    Aloha United Way200 North Vineyard Blvd Suite 700
    Honolulu,HI96817
      PC Corporate pledge. 100,000
    Diamond Head Theatre520 Makapuu Ave
    Honolulu,HI96816
      PC To support capital campaign for new arts center. 25,000
    Hawaii Foodbank2611 Kilihau St
    Honolulu,HI96819
      PC To support services provided to communities impacted by COVID-19. 100,000
    Kokua Kalihi Valley Comprehensive Family Services2239 N School St
    Honolulu,HI96819
      PC To support capital campaign for studio, cultural arts center and education space. 25,000
    Pali Momi Foundation55 Merchant St Suite 2600
    Honolulu,HI96813
      PC To support Phase III of the James T. Kakuda Cancer Center. 50,000
    Mid-Pacific Institute2445 Kaala St
    Honolulu,HI96822
      PC To support Kupu Hou Academy workshop for public and charter school teachers. 25,000
    The Mediation Center of the Pacific IncThe Kukui Center
    245 N Kukui St 206
    Honolulu,HI96817
      PC To support the purchase of permanent facilities for dispute resolution primarily for low-income individuals. 25,000
    Hawaii Children's Discovery CenterKakaako Waterfront Park
    111 Ohe St
    Honolulu,HI96813
      PC To support upgrading exhibits and IT infrastructure. 25,000
    Hawaii Meals on Wheels2728 Huapala St 209
    Honolulu,HI96822
      PC To support services provided to communities impacted by COVID-19. 50,000
    Hawaii Island United Way688 Kinoole St 201
    Hilo,HI96721
      PC Corporate pledge. 35,000
    Iolani School563 Kamoku St
    Honolulu,HI96826
      PC To support the financial aid program for the 2020-2021 school year. 25,325
    Big Brothers Big Sisters of Hawaii2119 N King St 202
    Honolulu,HI96819
      PC To support COVID response campaign to expand services through technology and other means to support at-risk children and family members. 25,000
    Kauai Independent Food Bank3285 Waapa Rd
    Lihue,HI96766
      PC To support services provided to communities impacted by COVID-19. 25,000
    Lanakila Pacific1809 Bachelot St
    Honolulu,HI96817
      PC To support Meals on Wheels program to provide emergency care packages. 25,000
    Lawakua Charitable Fund737 Bishop St Suite 1875
    Honolulu,HI96813
      PC To support private school scholarship program. 25,000
    Maui Food Bank760 Kolu St
    Wailuku,HI96793
      PC To support services provided to communities impacted by COVID-19. 25,000
    Rehab Foundation226 North Kuakini St
    Honolulu,HI96817
      PC To support services provided to communities impacted by COVID-19. 25,000
    Susannah Wesley Community Center1117 Kaili St
    Honolulu,HI96819
      PC To support the completion of asbestos abatement in community multi-purpose room. 25,000
    Sutter Health Kahi Mohala91-2301 Old Fort Weaver Rd
    Ewa Beach,HI96706
      PC To support services provided to communities impacted by COVID-19. 25,000
    Teach for America500 Ala Moana Blvd Suite 3-580
    Honolulu,HI96813
      PC To support Teacher Pre-Service Training Summer Institute program. 25,000
    The Food Basket-Hawaii Island Foodbank40 Holomua St
    Hilo,HI96720
      PC To support services provided to communities impacted by COVID-19. 25,000
    Maui United Way95 Mahalani St Suite 24
    Wailuku,HI96793
      PC Corporate pledge. 22,500
    Hanalani Schools94-294 Anania Dr
    Mililani,HI96789
      PC To support Playground Enhancement project. 20,000
    Hawaii Pacific University1 Aloha Tower Dr
    Honolulu,HI96813
      PC To support Holomua Commitment for financial aid. 20,000
    Helping Hands Hawaii2100 N Nimitz Hwy
    Honolulu,HI96819
      PC To support donation warehouse and distribution center. 20,000
    Kauai United Way4374 Kukui Grove St Suite 201
    Lihue,HI96766
      PC Corporate pledge. 20,000
    Navian Hawaii860 Iwilei Rd
    Honolulu,HI96817
      PC To support new electronic medical records system. 20,000
    The Institute for Human Services Inc546 Kaaahi St
    honolulu,HI96817
      PC To support the purchase of laptop computers for case managers. 18,062
    Waioli CorporationPO Box 1631
    Lihue,HI96766
      PC To support construction of facilities to preserve historical records. 16,000
    Kauai North Shore Food PantryPO Box 1172
    Kilauea,HI96754
      PC To support programs serving the homeless, underfed individuals/families and the elderly. 15,000
    Kauai Planning & Action Alliance2959 Umi St Suite 201
    Lihue,HI96766
      PC To support Kauai Resilience Project and Kekaha Early Literacy Project. 15,000
    Hawaii Children's Action Network850 Richards St Suite 201
    Honolulu,HI96813
      PC To support financial relief to families for child care costs. 10,000
    Ku'ikahi Mediation Center101 Aupuni St Suite PH 1014 B-2
    Hilo,HI96720
      PC To support Rapid Response Landlord Tenant Mediation Program. 10,000
    La Pietra Hawaii School for Girls2933 Poni Moi Road
    Honolulu,HI96815
      PC To support tuition aid program. 10,000
    Never Quit Dreaming92-100 Palahia Pl
    Kapolei,HI96707
      PC To support equipment purchase for special needs children by Wax Academy. 10,000
    North Hawaii Hospice65-1328 Kawaihae Rd
    Kamuela,HI96743
      PC To support community awareness campaign regarding Medical Aid in Dying law. 10,000
    Friends of the Future64-1032 Mamalahoa Hwy 304
    Kamuela,HI96743
      PC To support Tutu's House Connects project purchase of new AV equipment. 6,850
    American Red Cross of Hawaii4155 Diamond Head Rd
    Honolulu,HI96816
      PC To support Home Fire Campaign. 5,000
    Coast Guard Foundation394 Taugwonk Rd
    Stonington,CT06378
      PC To support Youth Enrichment Program to help Coast Guard families. 5,000
    Kauai SPCAPO Box 1018
    Kilauea,HI96754
      PC To support Pet Food Relief Program. 5,000
    Life's Bridges Hawaii IncPO Box 1964
    Lihue,HI96766
      PC To support Kauai Leaders Against Suicide Program. 5,000
    Small World PreschoolPO Box 636
    Kamuela,HI96743
      PC To support the purchase of commercial sanitation and disinfecting equipment. 3,000
    Friendly Isle United Waymolokai Community Service Council
    PO Box 2047
    Kaunakakai,HI96748
      PC Corporate pledge. 2,500
    Total ...............................bullet 3a 3,621,020
    bApproved for future payment
    The Queen's Health Systems1301 Punchbowl St
    Honolulu,HI96813
      PC To support conversion of rooms to dedicated infectious disease program units. 150,000
    Economic Research Org at the University of HawaiiUniversity of Hawaii Foundation
    1314 South King St Suite B
    Honolulu,HI96814
      PC To support economic research relevant to Hawaii and the Asia-Pacific region. 83,334
    Diamond Head Theatre520 Makapuu Ave
    Honolulu,HI96816
      PC To support capital campaign for new arts center. 75,000
    Kokua Kalihi Valley Comprehensive Family Services2239 N School St
    Honolulu,HI96819
      PC To support capital campaign for studio, cultural arts center and education space. 75,000
    Pali Momi Foundation55 Merchant St Suite 2600
    Honolulu,HI96813
      PC To support Phase III of the James T. Kakuda Cancer Center. 50,000
    Mid-Pacific Institute2445 Kaala St
    Honolulu,HI96822
      PC To support Kupu Hou Academy workshop for public and charter school teachers. 50,000
    The Mediation Center of the Pacific IncThe Kukui Center
    245 N Kukui St 206
    Honolulu,HI96817
      PC To support the purchase of permanent facilities for dispute resolution primarily for low-income individuals. 50,000
    Hawaii Children's Discovery CenterKakaako Waterfront Park
    111 Ohe St
    Honolulu,HI96813
      PC To support upgrading exhibits and IT infrastructure. 25,000
    Child and Family Services91-1841 Ft Weaver Rd
    Ewa Beach,HI96706
      PC To support Stronger Families Fund. 75,000
    Hawaii HomeOwnership Center1259 Aala Street 201
    Honolulu,HI96817
      PC To support Home Stability for Hawaii project. 75,000
    Aloha United Way200 North Vineyard Blvd Suite 700
    Honolulu,HI96817
      PC Corporate pledge. 100,000
    Hawaii Island United Way688 Kinoole St 201
    Hilo,HI96721
      PC Corporate pledge. 35,000
    Maui United Way95 Mahalani St Suite 24
    Wailuku,HI96793
      PC Corporate pledge. 22,500
    Kauai United Way4374 Kukui Grove St Suite 201
    Lihue,HI96766
      PC Corporate pledge. 20,000
    Friendly Isle United WayMolokai Community Service Council
    PO Box 2047
    Kaunakakai,HI96748
      PC Corporate pledge. 2,500
    Total ................................bullet 3b 888,334

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

    TY 2020 DepreciationSchedule
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BARCLAYS PLC 30 DEC 2021 850,000 936,105
    BARCLAYS PLC ZERO 15 JUL 21 450,000 509,850
    CITIGROUP GLBL/US 19 AUG 21 770,000 870,485
    GS FIN CORP ZERO 13 JUL 21 350,000 396,725
    GS FIN CORP ZERO 14 SEP 21 375,000 425,063
    UBS AG ZERO 16 JUN 21 350,000 386,470
    UBS AG ZERO 27 MAY 21 150,000 168,360
    WELLS FARGO ZERO 24 JUN 21 150,000 165,930
    BARCLAYS PLC 5.3% 29 APR 21 125,000 125,375
    BARCLAYS PLC 6.75% 19 AUG 21 250,000 253,875
    CITI GLBL/US 5.05% 22 JAN 21 125,000 123,600
    CITI GLBL/US 6.6% 05 OCT 21 175,000 176,470
    CITI GLBL/US 7.6% 14 SEP 21 75,000 76,245
    CITI GLBL/US 8.9% 13 MAY 21 125,000 126,863
    CREDIT SUISSE AG 6% 18 NOV 21 75,000 75,548
    GS FIN CORP 5.7% 175,000 174,353
    JP MORGAN 5.6% 08 MAR 21 125,000 125,813
    MORGAN STANLEY 6.05% 25 OCT 21 125,000 125,163
    MORGAN STANLEY 6.65% 09 NOV 21 50,000 50,695
    MORGAN STANLEY 6% 23 DEC 21 75,000 75,098
    USB AG 5.1% 05 JAN 21 200,000 198,840
    UBS AG 5% 23 FEB 21 125,000 124,525
    ABBOTT LAB 2.95% 15 MAR 25 21,927 21,944
    ABBVIE INC 3.6% 14 MAY 25 21,906 22,282
    AIR LEASE CORP 3.75% 01 FEB 22 20,416 20,533
    ALTRIA GRP INC 3.8% 14 FEB 24 20,670 21,840
    AIG 2.5% 30 JUN 25 21,101 21,500
    AMGEN INC 2.25% 19 AUG 23 19,960 21,008
    ANHEUSER-BUSCH 4.15% 23 JAN 25 22,096 22,774
    ANTHEM INC 3.3% 15 JAN 23 21,172 21,155
    APPLE INC 2.75% 13 JAN 25 21,273 21,699
    AT&T INC 3.95% 15 JAN 25 22,488 22,491
    BANK OF AMER 3.875% 01 AUG 25 28,689 28,495
    BANK OF NY MEL 1.6% 24 APR 25 26,018 26,137
    BARCLAYS PLC 3.684% 10 JAN 23 35,936 36,072
    BP CAP MKTS 2.75% 10 MAY 23 19,941 21,095
    BROADCOM CORP 3% 15 JAN 22 20,241 20,460
    CAPITAL ONE FIN 3.2% 05 FEB 25 21,083 21,823
    CAPITAL ONE FIN 3.2% 30 JAN 23 20,217 21,072
    CHUBB INA HLDG 3.35% 15 MAY 24 20,701 21,834
    CIGNA CORP 3.75% 15 JUL 23 21,672 21,621
    CISCO SYS 2.2% 20 SEP 23 19,866 20,938
    CITIGROUP INC 2.7% 27 OCT 22 20,546 20,800
    COMCAST CORP 3.6% 01 MAR 24 20,399 22,004
    CSX CORP 3.35% 01 NOV 25 22,410 22,375
    CVS HLTH CORP 3.875% 20 JUL 25 22,585 22,650
    DEUTSCHE BK/NY 4.25% 14 OCT 21 25,538 25,636
    DEUTSCHE BK NY 5% 14 FEB 22 26,288 26,138
    DOLLAR GEN COR 3.25% 15 APR 23 20,461 21,162
    DOW CHEM CO 3.5% 01 OCT 24 20,932 21,908
    DUPONT 2.169% 01 MAY 23 40,672 40,530
    EQUIFAX INC 3.6% 15 AUG 21 20,315 20,373
    FIF THD BANC 3.65% 25 JAN 24 27,235 27,266
    GM FIN CO 3.2% 06 JUL 21 30,246 30,323
    GM FIN CO 3.55% 08 JUL 22 20,817 20,859
    GS GRP 3.625% 20 FEB 24 21,829 21,766
    GS GRP 3.75% 22 MAY 25 22,257 22,455
    INTERCON EXCH INC 4% 15 OCT 23 21,938 21,919
    JP MORGAN 3.9% 15 JUL 25 22,754 22,721
    KEYCORP 4.15% 29 OCT 25 23,128 23,214
    LLOYDS BANK 6.375% 21 JAN 21 3,012 3,008
    LOCKHEED MARTIN 2.9% 01 MAR 25 21,319 21,814
    MACY'S RETAIL 3.45% 15 JAN 21 27,071 26,865
    MASTERCARD 3.375% 01 APR 24 20,799 21,915
    MCDONALD'S 3.375% 26 MAY 25 22,037 22,211
    MICROSOFT 3.125% 03 NOV 25 22,409 22,359
    MORGAN STAN 3.125% 23 JAN 23 21,134 21,107
    OMNICOM GR INC 3.65% 01 NOV 24 20,881 22,077
    ORACLE CORP 2.95% 15 NOV 24 21,230 21,759
    PEPSICO INC 3.6% 01 MAR 24 20,950 21,825
    PHILIP MORRIS 3.25% 10 NOV 24 20,711 22,026
    REGIONS FIN 3.8% 14 AUG 23 21,725 21,696
    ROPER TECH 2.8% 15 DEC 21 20,413 20,425
    ROPER TECH 3.65% 15 SEP 23 20,816 21,701
    ROYAL BK OF CAN 3.7% 05 OCT 23 21,895 21,806
    STARBUCKS CORP 3.8% 15 AUG 25 22,744 22,761
    SYSCO CORP 3.55% 15 MAR 25 26,219 27,836
    TOYOTA MT CRED 3.05% 08 JAN 21 17,020 17,004
    VERIZON COM 4.15% 15 MAR 24 20,794 22,131
    WELLS FARGO 3.5% 08 MAR 22 20,015 20,735
    WELLTOWER INC 3.625% 15 MAR 24 25,916 27,247
    AIRCASTLE LTD 5.5% 15 FEB 22 17,802 17,705
    CREDIT SUISSE 3.625% 09 SEP 24 21,579 22,192
    DEUTSCHE BANK 3.15% 22 JAN 21 19,904 20,022
    SCHLUMBERGER 3.65% 01 DEC 23 20,740 21,713

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES CORE S&P 500 ETF 177,151 319,832
    ISHARES CORE S&P MID-CAP ETF 32,917 51,252
    ISHARES CORE S&P SMALL-CAP ETF 14,528 22,424
    ISHARES S&P 500 VALUE ETF 8,889 17,027
    ISHARES CORE MSCI EAFE ETF 67,166 87,744
    BLACKROCK GLOBAL ALLOC FUND 19,453 21,573
    MORGAN STANLEY INST FUND INC 46,373 66,562
    SPDR MSCI EAFE STRATFACT ETF 17,666 21,869
    JPMORGAN HEDGED EQUITY FUND 27,377 27,770
    ARTISAN DEVELOPING WORLD FUND 27,931 46,360

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    US Government Securities - End of Year Book Value:

    20,254
    US Government Securities - End of Year Fair Market Value:

    20,644
    State & Local Government Securities - End of Year Book Value:


    30,000
    State & Local Government Securities - End of Year Fair Market Value:


    30,637


    TY 2020 OtherAssetsSchedule
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME RECEIVABLE   14,381 14,381


    TY 2020 OtherIncomeSchedule2
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS OTHER INCOME 6,681   6,681


    TY 2020 TaxesSchedule
    Name:
    FIRST HAWAIIAN BANK FOUNDATION
    EIN:
    23-7437822
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 10,000      
    FOREIGN TAX WITHHELD 367 367 367