Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 08-01-2022 , and ending 07-31-2023
Name of foundation
KOSASA FOUNDATION
FKA THE KOSASA FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)3610 WAIALAE AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI96816
A Employer identification number

99-0313279
B Telephone number (see instructions)

(808) 591-2550
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$155,654,291J 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) 23,155,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 119,898 119,898  
4 Dividends and interest from securities... 3,103,673 3,103,673  
5a Gross rents............ 298,845 298,845  
b Net rental income or (loss) 140,899
6a Net gain or (loss) from sale of assets not on line 10 -2,798,809
b Gross sales price for all assets on line 6a 50,523,791
7 Capital gain net income (from Part IV, line 2)... 0
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
List of Attached Documents:
// Content
-1,236,352 -1,220,471  
12 Total. Add lines 1 through 11........ 22,642,255 2,301,945  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 175,000 0   175,000
14 Other employee salaries and wages...... 24,038 0   24,038
15 Pension plans, employee benefits....... 48,234 0   48,234
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
26,444 0   26,444
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
41,297 28,908   12,389
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
954,685 810,238   144,447
17 Interest............... 206,364 206,364   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
316,909 181,909   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
32,941 32,738  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,810 0   6,810
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
181,796 125,208   56,588
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,014,518 1,385,365   493,950
25 Contributions, gifts, grants paid....... 6,121,204 6,121,204
26 Total expenses and disbursements. Add lines 24 and 25 8,135,722 1,385,365   6,615,154
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,506,533
b Net investment income (if negative, enter -0-) 916,580
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 1,182,237 761,059 761,059
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 10,626,443 Click to see attachment
List of Attached Documents:
// Content
24,140,969 		24,073,589
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
2,765,380 		2,807,903
11 Investments—land, buildings, and equipment: basis right arrow8,688,051
Less: accumulated depreciation (attach schedule) right arrow478,178 4,666,836 Click to see attachment
List of Attached Documents:
// Content
8,209,873 		8,209,873
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 107,893,503 Click to see attachment
List of Attached Documents:
// Content
103,002,192 		119,800,867
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
1,000 		Click to see attachment
List of Attached Documents:
// Content
1,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 124,369,019 138,880,473 155,654,291
Liabilities 17 Accounts payable and accrued expenses..........    
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
4,921
23 Total liabilities (add lines 17 through 22)......... 0 4,921
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,398,570 6,398,570
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 117,970,449 132,476,982
29 Total net assets or fund balances (see instructions)..... 124,369,019 138,875,552
30 Total liabilities and net assets/fund balances (see instructions). 124,369,019 138,880,473
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
124,369,019
2
Enter amount from Part I, line 27a .....................
2
14,506,533
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
138,875,552
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
138,875,552
Form 990-PF (2022)
Form 990-PF (2022)
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 REALIZED GAIN FROM FUTURES CONTRACTS P    
b PUBLICLY TRADED SECURITIES      
c REALIZED GAIN FROM PFIC P    
d REALIZED LOSS FROM K-1S P    
e REALIZED LOSS FROM 1256 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 148,100     148,100
b 50,366,633   50,727,080 -360,447
c 9,058     9,058
d     2,096,427 -2,096,427
e     499,093 -499,093
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       148,100
b       -360,447
c       9,058
d       -2,096,427
e       -499,093
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 -2,798,809
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  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
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 right arrow 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) 1 12,740
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 12,740
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 12,740
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 333,958
b Exempt foreign organizations—tax withheld at source...... 6b 0
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.............. 7 333,958
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 321,218
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow321,218 Refundedright arrow 11 0
Part VI-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 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
 
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.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowHI
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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 (2022)
Form 990-PF (2022)
Page 5
Part VI-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
Yes
 
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 addressright arrowHTTPS://WWW.KOSASAFOUNDATION.ORG/
14
The books are in care ofright arrowANDREA CARR Telephone no.right arrow (808) 436-8975

Located atright arrowPO BOX 30685HONOLULUHI ZIP+4right arrow96820
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2022? .............
1d
 
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
GLORIA GAINSLEY DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
PAUL J KOSASA PRES/TREAS/DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
SUSAN M KOSASA VP/SECY/DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
THOMAS S KOSASA DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
TRACY IDE INDEPENDENT DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
RIKI MORIMOTO INDEPENDENT DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
CHRISTINE VAN BERGEIJK EXECUTIVE DIRECTOR
40.00 		188,337 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
LINDSAY KOSASA DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
IAN KOSASA DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
LISA GAINSLEY DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
CHRISTIAN GAINSLEY DIRECTOR
0.00 		0 0 0
C/O 3610 WAIALAE AVE
HONOLULU,HI96816
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
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
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 ADVISING 361,003
1001 NINETEENTH STREET NORTH 17TH
FLOOR
ARLINGTON,VA22209
DENNIS SUGINO DBA KANSA ADVISORY LLC INVESTMENT ADVISING 125,000
19432 FOXDALE CIRCLE
HUNTINGTON BEACH,CA92648
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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 N/A 0
2  
3  
4  
Part VIII-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 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
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
44,253,056
b
Average of monthly cash balances.......................
1b
1,071,276
c
Fair market value of all other assets (see instructions)................
1c
96,590,361
d
Total (add lines 1a, b, and c).........................
1d
141,914,693
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
141,914,693
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,128,720
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
139,785,973
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,989,299
Part X
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 IX, line 6..................
1
6,989,299
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,740
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,740
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,976,559
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,976,559
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 XII, line 1 ...
7
6,976,559
Part XI
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
6,615,154
b
Program-related investments—total from Part VIII-B..................
1b
0
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 XII, line 4. .......
4
6,615,154
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 6,976,559
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 6,115,841
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 6,615,154
a Applied to 2021, but not more than line 2a 6,115,841
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 2022 distributable amount..... 499,313
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 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 0
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		6,477,246
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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
PAUL KOSASA-THE KOSASA FOUNDATION
3610 WAIALAE AVENUE
HONOLULU,HI96816
(808) 591-2550
bThe form in which applications should be submitted and information and materials they should include:
LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FOR CHARITABLE, EDUCATIONAL, LITERARY, SCIENTIFIC AND RELIGIOUS PURPOSES EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS UNDER IRC SECTION 501(C)(3) OF 1986, OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAW. PROHIBITED USE OF FUNDS. GRANTEE AGREES THAT IT WILL NOT USE THE GRANT FUNDS TO ANY EXTENT: (A) TO CARRY OUT PROPAGANDA, OR OTHERWISE ATTEMPT TO INFLUENCE LEGISLATION, EXCEPT AS MAY BE PERMITTED BY AN ORGANIZATION QUALIFIED UNDER CODE SECTION 501(C)(3); (B) TO INFLUENCE THE OUTCOME OF ANY SPECIFIC ELECTION OR TO CARRY ON, DIRECTLY OR INDIRECTLY, ANY VOTER REGISTRATION DRIVE; (C) FOR ANY PURPOSE OTHER THAN A CHARITABLE, EDUCATIONAL OR RELIGIOUS PURPOSE WITHIN THE MEANING OF CODE SECTION 501(C)(3); OR (D) TO MAKE ANY GRANT OR OTHER GRATUITOUS DISTRIBUTION TO ANY OTHER ORGANIZATION.
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
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

808 CLEANUPS

PO BOX 240341
HONOLULU,HI96724 		N/A PC OPERATING SUPPORT FOR ENVIRONMENTAL CLEAN UP ORGANIZATION 25,000

ADULT FRIENDS FOR YOUTH

3375 KOAPAKA ST STE B290
HONOLULU,HI96819 		N/A PC PROGRAM SUPPORT FOR AT-RISK YOUTH IN URBAN HONOLULU 100,000

ALOHA HARVEST

3599 WAIALAE AVENUE SUITE 23
HONOLULU,HI96816 		N/A PC SUPPORT PROGRAM TO REDUCE WASTED FOOD AND CREATE A LOW BARRIER TO ACCESSING FOOD IN NEIGHBORHOOD SETTINGS. 30,000

ALOHA INTERNATIONAL PIANO FESTIVAL

1325 AUPAPAOHE ST
KAILUA,HI96734 		N/A PC SUPPORT FOR 2023 RESIDENCY FOR STUDENTS ATTENDING FESTIVAL 5,000

ALOHA MEDICAL MISSION

200 N VINEYARD BLVD B120
HONOLULU,HI96817 		N/A PC SUPPORT FOR FREE DENTAL CLINIC FOR UNINSURED PEOPLE 100,000

AMERICAN DIABETES ASSOCIATION

1670 MAKALOA STREET 204-235
HONOLULU,HI96814 		N/A PC RESIDENTIAL SUMMER CAMP FOR CHILDREN WITH DIABETES 20,000

AMERICAN RED CROSS

4155 DIAMOND HEAD ROAD
HONOLULU,HI96816 		N/A PC GENERAL SUPPORT 10,000

ASSISTANCE DOGS OF HAWAII

PO BOX 1803
MAKAWAO,HI96768 		N/A PC SUPPORT FOR THERAPEUTIC DOGS IN HOSPITALS 10,000

BOYS & GIRLS CLUB OF MAUI

100 KANALOA AVE
KAHULUI,HI96732 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

CHAMBER MUSIC HAWAII

PO BOX 61939
HONOLULU,HI96839 		N/A PC SUPPORT FOR THE 2023-24 MUSIC SEASON 20,000

CHAMINADE UNIVERSITY OF HONOLULU

3140 WAIALAE AVENU
HONOLULU,HI96816 		N/A PC EMERGING SCHOLARS PROGRAM FOR LOW-INCOME KAUAI STUDENTS 25,000

DYNAMIC COMMUNITY SOLUTIONS

85-908 WAIANAE VALLEY ROAD
WAIANAE,HI96792 		N/A PC CAPITAL GRANT FOR BUILDING PERMANENT HOUSING FOR WAI`ANAE BOAT HARBOR HOMELESS VILLAGE 1,000,000

EBB & FLOW ARTS

PO BOX 1081
KULA,HI96790 		N/A PC SUPPORT FOR 2023-24 SEASON OF COMTEMPORARY MUSIC AND ART PERFORMANCES 6,000

EPIC OHANA INC

1130 N NIMITZ HWY C210
HONOLULU,HI96817 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

FRIENDS OF THE FUTURE

PO BOX 2655
KAMUELA,HI96743 		N/A PC OPERATING SUPPORT FOR TUTU'S HOUSE PROGRAMMING 30,000

FRIENDS OF WAIPAHU HIGH SCHOOL

POBOX 971363
WAIPAHU,HI96797 		N/A PC CAPITAL GRANT FOR BUILDING OUT COMMUNITY HEALTH CENTER ON WHS CAMPUS 15,000

GOODWILL INDUSTRIES OF HAWAII INC

2610 KILIHAU STREET
HONOLULU,HI96821 		N/A PC CAPITAL CAMPAIGN FOR PURCHASE OF ELECTRIC CARGO TRUCK 100,000

HANA ARTS INC

PO BOX 686
HANA,HI96713 		N/A PC K-12 ARTS PROGRAMMING 20,000

HAWAII ENVIRONMENTAL RESTORATION

PO BOX 1028
PAHOA,HI96778 		N/A PC GENERAL OPERATING SUPPORT FOR REFORESTATION OF KEAU`OHANA FOREST RESERVE 20,000

HAWAII FOODBANK

2611 KILIHAU STREET
HONOLULU,HI96819 		N/A PC GENERAL OPERATIONS OF THE HAWAII FOODBANK LOCATED IN KALIHI SERVICING OAHU AND KAUAI 100,000

HAWAII FOODBASKET

40 HOLOMUA STREET
HILO,HI96720 		N/A PC GENERAL OPERATION OF THE HAWAII FOODBASKET LOCATED IN HILO AND KONA 75,000

HAWAII INTERNATIONAL FILM FESTIVAL

680 IWILEI ROAD SUITE 100
HONOLULU,HI96817 		N/A PC SUPPORT FOR 2023 FILM FESTIVAL 20,000

HAWAII LITERACY

245 N KUKUI ST STE 202
HONOLULU,HI96817 		N/A PC SUPPORT FOR BOOKMOBILE PROGRAM TO PUBLIC HOUSING SITES 25,000

HAWAII PACIFIC UNIVERSITY

ONE ALOHA TOWER DRIVE UNIVERSITY
ADVANCEMENT
HONOLULU,HI96813 		N/A PC WRAP AROUNDS SUPPORTS FOR HO`OKO RISING SCHOLARS 50,000

HAWAII PERFORMING ARTS COMPANY LTD

2833 EAST MANOA ROAD
HONOLULU,HI96822 		N/A PC SUPPORT FOR 2023-24 SEASON OF PERFORMANCES 10,000

HAWAII PUBLIC RADIO

738 KAHEKA ST
HONOLULU,HI96814 		N/A PC GENERAL OPERATIONS SUPPORT 25,000

HAWAII SYMPHONY ORCHESTRA

3610 WAIALAE AVE
HONOLULU,HI96816 		N/A PC LOAN FORGIVENESS 171,347

HAWAII SYMPHONY ORCHESTRA

3610 WAIALAE AVE
HONOLULU,HI96816 		N/A PC 2023-2024 SEASON SUPPORT 50,000

HAWAII YOUTH SYMPHONY ASSOCIATION

1350 S KING STREET SUITE 201
HONOLULU,HI96814 		N/A PC SUPPORT FOR MUSIC EDUCATION FOR YOUTH 35,000

HAWAII CORD BLOOD BANK

1319 PUNAHOU STREET
HONOLULU,HI96826 		N/A PC GENERAL OPERATIONS SUPPORT 100,000

HAWAIIAN ISLANDS LAND TRUST

126 QUEEN ST STE 306
HONOLULU,HI96813 		N/A PC GENERAL OPERATIONS SUPPORT 20,000

HELPING HANDS HAWAII

2100 N NIMITZ HWY
HONOLULU,HI96819 		N/A PC GENERAL OPERATING SUPPORT FOR PROGRAMS SERVING DISADVANTAGED 50,000

HOOLA NA PUA

PO BOX 22551
HONOLULU,HI96823 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

HOA AINA O MAKAHA

84-225 ALA NAAUAO PLACE
WAIANAE,HI96792 		N/A PC SUPPORT FOR COMMUNITY GARDEN AND LEARNING CENTER 25,000

HONOLULU CIVIL BEAT INC

PO BOX 10857
HONOLULU,HI96814 		N/A PC GENERAL OPERATIONS SUPPORT 20,000

HONOLULU MUSEUM OF ART

900 S BERETANIA ST
HONOLULU,HI96814 		N/A PC SUPPORT FOR 3 COMMUNITY AND DOE OUTREACH PROGRAMS 50,000

HUI MALAMA O KE KAI FOUNDATION

41-477 HHMANU ST
WAIMANALO,HI96795 		N/A PC GENERAL OPERATIONS SUPPORT FOR AFTER-SCHOOL PROGRAMS 15,000

HUI NO'EAU VISUAL ARTS CENTER

2841 BALDWIN AVE
MAKAWAO,HI96768 		N/A PC ARTS EDUCATION PROGRAMS FOR YOUTH 20,000

IMUA FAMILY SERVICES

161 S WAKEA AVE
KAHULUI,HI96732 		N/A PC CAPITAL CAMPAIGN - IMUA DISCOVERY GARDEN 100,000

ISLAND SCHOOL

3-1875 KAUMUALII HWY
LIHUE,HI96766 		N/A PC CAPITAL CAMPAIGN - NEW CLASSROOM BUILDING PROJECT 50,000

JAPAN AMERICA SOCIETY OF HAWAII

1600 KAPIOLANI BLVD SUITE 204
HONOLULU,HI96814 		N/A PC JAPAN WIZARDS ACADEMIC TEAM COMPETITION 5,000

KAHILU THEATRE FOUNDATION

67-1186 LINDSEY ROAD
KAMUELA,HI96743 		N/A PC SUPPORT FOR 2023-24 ARTS SEASON 25,000

KEALAKAI CENTER FOR PACIFIC STRINGS

150 HMKUA DRIVE PMB 831
KAILUA,HI96734 		N/A PC SUPPORT FOR PRESERVATION OF HAWAIIAN MUSIC & INSTRUMENTS 25,000

KOKUA KALIHI VALLEY

2239 N SCHOOL ST
HONOLULU,HI96819 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

KOLOA EARLY SCHOOL

5421 KOLOA RD
KOLOA,HI96792 		N/A PC CAPITAL IMPROVEMENTS TO PAVILLION OF CHILDCARE CENTER IN KOLOA 350,000

KRISTI YAMAGUCHI ALWAYS DREAM FOUNDATION

1150 SOUTH KING ST SUITE 608
HONOLULU,HI96814 		N/A PC READIING PROGRAM FOR LOW-INCOME COMMUNITIES 40,000

KUAKINI MEDICAL CENTER

347 N KUAKINI ST
HONOLULU,HI96817 		N/A PC GENERAL SUPPORT 500,000

KUPU

677 ALA MOANA BLVD STE 1200
HONOLULU,HI96813 		N/A PC PROGRAM SUPPORT FOR AT-RISK YOUTH SERVICES AND WORKFORCE TRAINING 100,000

LAWAKUA CHARITABLE FUND

737 BISHOP ST STE 1875
HONOLULU,HI96813 		N/A PC KAJUKENBO TRAINING TO UNDERPRIVILEDGED KIDS 25,000

MAKE-A-WISH FOUNDATION OF HAWAII INC

900 FORT STREET MALL SUITE 1200
HONOLULU,HI96813 		N/A PC SUPPORTING WISHES FOR TERMINALLY ILL CHILDREN 15,000

MALAAI

PO BOX 543
KAMUELA,HI96743 		N/A PC SUPPORT FOR SCHOOL GARDEN PROGRAM 15,000

MARYKNOLL SCHOOL

1526 ALEXANDER STREET
HONOLULU,HI96822 		N/A PC RENOVATE AND IMPROVE BATCHELOT HALL AND TRANSFORM IT INTO A PERFORMING ARTS CENTER. 100,000

MAUI FOODBANK

760 KOLU STREET
WAILUKU,HI96793 		N/A PC GENERAL OPERATIONS OF THE HAWAII FOODBANK LOCATED IN WAILUKU SERVICING MAUI, LANAI AND MOLOKAI 75,000

MAUI HUI MALAMA

375 MAHALANI ST
WAILUKU,HI96793 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

MENTAL HEALTH AMERICA OF HAWAII

1136 UNION MALL STE 208
HONOLULU,HI96813 		N/A PC PROGRAM SUPPORT FOR MENTAL HEALTH TRAININGS FOR YOUTH 100,000

MID-PACIFIC INSTITUTE

2445 KAALA ST
HONOLULU,HI96822 		N/A PC CAPITAL CAMPAIGN - TRANSFORMING DINING HALL 75,000

MOKUAIKAUA CHURCH

75-5713 ALII DR
KAILUAKONA,HI96740 		N/A PC CAPITAL IMPROVEMENTS AND RENOVATIONS TO HISTORIC MOKU`AIKAUA CHURCH 50,000

NISEI VETERANS LEGACY CENTER INC

2454 S BERETANIA ST 302
HOLOLULU,HI96826 		N/A PC GENERAL OPERATING SUPPORT FOR ONGOING PROGRAMS 20,000

NORTH KOHALA COMMUNITY RESOURCE CENTER

PO BOX 519
HAWI,HI96719 		N/A PC SUPPORT FOR ENVIRONMENT DAY CAMP FOR YOUTH 10,000

NUUANU CONGREGATIONAL CHURCH

2651 PALI HIGHWAY
HONOLULU,HI96817 		N/A PC GENERAL SUPPORT 5,000

PACIFIC AND ASIAN AFFAIRS COUNCIL

1601 EAST-WEST ROAD 4F
HONOLULU,HI96846 		N/A PC HIGH SCHOOL GLOBAL EDUCATION CLUBS 20,000

PALAMA SETTLEMENT

810 N VINEYARD BOULEVARD
HONOLULU,HI96817 		N/A PC BLACKFIELD SCHOLARSHIP FUND 15,000

PARTNERS IN DEVELOPMENT FOUNDATION

2040 BACHELOT ST
HONOLULU,HI96817 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

PATCH

560 N NIMITZ HWY SUITE 218
HONOLULU,HI96817 		N/A PC GENERAL OPERATING SUPPORT FOR EARLY CHILDHOOD PROGRAMS AND ECE WORKFORCE DEVELOPEMNT 100,000

PBS HAWAII

315 SAND ISLAND ACCESS ROAD
HONOLULU,HI96819 		N/A PC HIKI NO PROGRAM 100,000

PURPLE MAIA FOUNDATION

98-820 MOANALUA RD 15-547
AIEA,HI96701 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 100,000

REALIZE IMPACT

271 WINSLOW WAY E 11548
BAINBRIDGE ISLAND,WA98110 		N/A PC SUPPORT FOR FARM LINK PROGRAM 300,000

REHAB FOUNDATION

226 NORTH KUAKINI STREET
HONOLULU,HI96817 		N/A PC ANIMAL ASSISTED THERAPY PROGRAM 50,000

RE-USE HAWAII

200 KEAWE ST
HONOLULU,HI96813 		N/A PC OPERATING SUPPORT FOR THE CREATION OF TWO NEW POSITIONS TO STRENGTHEN LEADERSHIP CAPACITY 30,000

SACRED HEARTS ACADEMY

3253 WAIALAE AVE
HONOLULU,HI96816 		N/A PC CAPITAL CAMPAIGN - RENOVATIONS OF CAMPUS FACILITIES 50,000

STORYBOOK THEATRE OF HAWAII

3814 HANAPEPE ROAD PO BOX 820
HANAPEPE,HI96716 		N/A PC EDUCATIONAL MARINE ECO TOUR FOR ELEMENTARY SCHOOLS 6,000

TEACH FOR AMERICA

500 ALA MOANA BLVD SUITE 3-580
HONOLULU,HI96813 		N/A PC GENERAL OPERATIONS 50,000

THE KOHALA CENTER

65-1291 KAWAIHAE RD STE A
WAIMEA,HI96743 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 50,000

THE MEDIATION CENTER OF THE PACIFIC INC

1301 YOUNG STREET
HONOLULU,HI96814 		N/A PC GENERAL OPERATIONS 50,000

THE NATURE CONSERVANCY

923 NUUANUA AVENUE
HONOLULU,HI96817 		N/A PC TO SUPPORT CLIMATE SOLUTIONS FUND FOR ALL ISLANDS 88,000

THE SALVATION ARMY

2950 MANOA ROAD
HONOLULU,HI96822 		N/A PC SECURITY IMPROVEMENTS FOR HILO SITE 20,000

THE TRUST FOR PUBLIC LANDS

1164 BISHOP STREET 1512
HONOLULU,HI96813 		N/A PC SUPPORT FOR PROTECTION PROGRAM IN MAUNAWILI VALLEY 25,000

TREES FOR HONOLULU'S FUTURE

PO BOX 12051
HONOLULU,HI96828 		N/A PC RESTRICTED FUNDS TO RESEARCH URBAN CANOPY 25,000

UNIVERSITY OF HAWAII FOUNDATION

PO BOX 11270
HONOLULU,HI968280270 		N/A PC INSTITUTE OF SUSTAINABILITY & RESILIENCE 125,000

VISITOR ALOHA SOCIETY OF HAWAII

WAIKIKI SHOPPING PLAZA 2250
KALAKAUA AVE SUITE 403-3
HONOLULU,HI96815 		N/A PC SUPPORT FOR ADDITIONAL STAFF CAPACITY 20,000

WAIANAE COMMUNITY REDEVELOPMENT CORP

86-148 PUHAWAI RD
WAIANAE,HI96792 		N/A PC PROGRAMMING FOR AT-RISK YOUTH 99,857

WAIKIKI HEALTH

277 OHUA AVENUE
HONOLULU,HI96815 		N/A PC OUTREACH PROGRAM FOR HOMELESS YOUTH 10,000

YMCA OF HONOLULU

1441 PALI HIGHWAY
HONOLULU,HI96813 		N/A PC COLLEGE CAMP FOR 75 OAHU HIGH SCHOOL STUDENTS 105,000
Total .................................right arrow 3a 6,121,204
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-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 ........... 		    14 119,898  
4 Dividends and interest from securities ....     14 3,103,673  
5 Net rental income or (loss) from real estate:
aDebt-financed property......     16 140,899  
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 1,501  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -2,798,809  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 PORTFOLIO INCOME NET ACTIVTY 		900099 -15,580 14 -1,222,273  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -15,580 -655,111 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-670,691
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2022)
Form 990-PF (2022)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
KOSASA FOUNDATION
FKA THE KOSASA FOUNDATION
Employer identification number

99-0313279
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
KOSASA FOUNDATION
FKA THE KOSASA FOUNDATION 		Employer identification number
99-0313279
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ESTATE OF MINNIE KOSASA
 
766 POHUKAINA STREET
 
HONOLULU, HI96813

$ 10,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
ESTATE OF MINNIE KOSASA
 
766 POHUKAINA STREET
 
HONOLULU, HI96813

$ 10,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
ESTATE OF MINNIE KOSASA
 
766 POHUKAINA STREET
 
HONOLULU, HI96813

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
SUSAN KOSASA
 
766 POHUKAINA STREET
 
HONOLULU, HI96813

$ 1,252,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
SUSAN KOSASA
 
766 POHUKAINA STREET
 
HONOLULU, HI96813

$ 1,878,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
KOSASA FOUNDATION
FKA THE KOSASA FOUNDATION 		Employer identification number

99-0313279
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 PROPERTY - 1220 CENTER STREET $ 1,252,000 2023-01-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 PROPERTY - 3610 WAIALAE AVE $ 1,878,000 2023-01-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
KOSASA FOUNDATION
FKA THE KOSASA FOUNDATION 		Employer identification number

99-0313279
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 41,297 28,908   12,389

TY 2022 AllOthProgRltdInvestmentsSch
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category Amount
NONE 0

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

TY 2022 DepreciationSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
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
APPLIANCE - 1333 10TH AVE 2015-01-01 639 312 200DB 5.000000000000 0 0    
APPLIANCE - WATER HEATER - 1416-1420 10TH AVE 2015-07-01 1,120 548 200DB 5.000000000000 0 0    
APPLIANCE - 1339-C 10TH AVE-REFRIGERATOR 2016-09-29 503 251 200DB 5.000000000000 0 0    
APPLIANCE - 1333 10TH AVE-REFRIGERATOR 2016-01-25 696 348 200DB 5.000000000000 0 0    
APPLIANCE - 1424 10TH AVE-REFRIGERATOR 2016-07-12 644 322 200DB 5.000000000000 0 0    
RENOVATIONS - 1416-1420 10TH AVE 2016-05-03 7,592 1,714 SL 27.500000000000 276 276    
RENOVATIONS - 3468 HARDESTY 2016-07-13 9,729 2,139 SL 27.500000000000 354 354    
APPLIANCE - 3477 HARDESTY-OVEN 2016-01-11 522 261 200DB 5.000000000000 0 0    
ROOFING - 1333 10TH AVE 2017-07-17 3,084 564 SL 27.500000000000 112 112    
APPLIANCE - 3471 HARDESTRY 2014-01-01 523 261 200DB 5.000000000000 0 0    
APPLIANCE - WATER HEATER -1339 10TH AVE 2017-09-15 1,099 523 200DB 5.000000000000 26 26    
APPLIANCE - 1420 10TH AVE 2014-08-01 523 261 200DB 5.000000000000 0 0    
APPLIANCE - 1333 10TH AVE 2014-08-01 523 261 200DB 5.000000000000 0 0    
APPLIANCE - 1333 10TH AVE 2014-01-01 523 261 200DB 5.000000000000 0 0    
RENOVATIONS - 3468 HARDESTY 2013-06-01 2,590 858 SL 27.500000000000 94 94    
RENOVATIONS - 1416 10TH AVE 2013-06-01 800 265 SL 27.500000000000 29 29    
ROOFING - HARDESTY 2013-08-01 12,740 4,148 SL 27.500000000000 463 463    
APPLIANCE - 1333 10TH AVE 2013-06-01 555 277 200DB 5.000000000000 0 0    
ROOFING - HARDESTY 2013-08-01 8,100 2,642 SL 27.500000000000 295 295    
ROOFING - 1420 10TH AVE 2013-04-01 15,240 5,148 SL 27.500000000000 554 554    
ROOFING - 1333 10TH AVE 2013-07-01 21,080 6,928 SL 27.500000000000 767 767    
SK - RANGE/OVEN - 1416 10TH AVE 2008-03-01 711 355 200DB 5.000000000000 0 0    
SK - WATER HEATER - 1333 10TH AVE 2008-02-01 753 376 200DB 5.000000000000 0 0    
SK - CONSTRUCTION - 1416 10TH AVE 2008-06-01 7,547 3,871 SL 27.500000000000 274 274    
SK - CONSTRUCTION - 1416 10TH AVE 2008-05-01 7,837 4,049 SL 27.500000000000 285 285    
SK - CONSTRUCTION - 3468 HARDESTY 2008-11-01 3,613 1,796 SL 27.500000000000 131 131    
SK - PRINTER 2007-06-30 314 314 200DB 5.000000000000 0 0    
SK - APPLIANCES - 3471 & 3477 HARDESTY 2007-06-30 672 672 200DB 5.000000000000 0 0    
SK - FLOORING 2007-06-30 1,571 1,571 200DB 5.000000000000 0 0    
SK - APPLIANCES - 10TH AVE 2007-06-30 1,303 1,303 200DB 5.000000000000 0 0    
SK - LAND 2006-11-17 2,818,547   L   0 0    
SK - BUILDING 2006-11-17 916,840 379,137 SL 39.000000000000 23,509 23,509    
SK - APPLIANCES - 10TH AVE 3468 & 3471 HARDESTY 2009-06-30 4,897 2,448 200DB 5.000000000000 0 0    
SEC. 754 LAND - MINNIE KOSASA TRUST 2018-03-23 836,184   L   0 0    
SEC. 754 LAND - ESTATE TRUST 2018-03-23 390,725   L   0 0    
APPLIANCE 2012-06-30 512 255 200DB 5.000000000000 0 0    
ROOFING - HARDESTY 2012-06-30 540 202 SL 27.500000000000 20 20    
FLOORING - HARDESTY 2011-09-01 650   200DB 5.000000000000 0 0    
ROOFING - HARDESTY 2011-02-01 1,100 458 SL 27.500000000000 40 40    
ROOFING - 1420 10TH AVE 2011-02-01 1,316 550 SL 27.500000000000 48 48    
APPLIANCE - WATER HEATER - 1333 10TH AVE 2011-05-01 308   200DB 5.000000000000 0 0    
PAINTING - 1333 10TH AVE 2011-08-01 2,700 1,074 SL 27.500000000000 98 98    
ROOFING - 1333 10TH AVE 2011-02-01 2,000 836 SL 27.500000000000 73 73    
APPLIANCE - WATER HEATER -1416 10TH AVE 2017-09-15 1,173 559 200DB 5.000000000000 27 27    
CONCRETE SLAB - 3468 HARDESTY 2019-01-01 7,016 903 SL 27.500000000000 255 255    
PAINTING 2010-06-30 5,676 2,498 SL 27.500000000000 206 206    
APPLIANCE 2010-06-30 1,444 722 200DB 5.000000000000 0 0    
RENOVATIONS 2010-06-30 7,299 3,214 SL 27.500000000000 265 265    
1220 CENTER STREET (PARKING LOT) 2023-01-31 1,252,000   L   0 0    
3610 WAIALAE AVE (LAND) 2023-01-31 1,578,000   L   0 0    
3610 WAIALAE AVE (BUILDING) 2023-01-31 300,000   SL 39.000000000000 4,167 4,167    
3610 WAIALAE AVE (RENOVATIONS) 2023-07-01 345,978   SL 39.000000000000 370 370    

TY 2022 GeneralExplanationAttachment
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Identifier Return Reference Explanation
SECTION 512(B)(13) CONTROLLED ENTITY 990-PF, PART VII-A, LINE 11 INCLUDED SCHEDULE OF CONTROLLED ENTITIES ATTACHMENT AS NOTED IN IRS INSTRUCTIONS FOR FORM 990-PF, PART VII-A, LINE 11.NAME OF CONTROLLED ENTITY:SIDKO OHANA PROPERTIES, LLCADDRESS:766 POHUKAINA STREETHONOLULU, HI 96813EMPLOYER ID NUMBER:27-1328421EXCESS BUSINESS HOLDING:NO

TY 2022 InvestmentsCorpBondsSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Name of Bond End of Year Book Value End of Year Fair Market Value
INVESTMENTS CORPORATE BONDS 2,765,380 2,807,903

TY 2022 InvestmentsGovtObligationsSch
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
US Government Securities - End of Year Book Value:

24,140,969
US Government Securities - End of Year Fair Market Value:

24,073,589
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2022 InvestmentsLandSchedule2
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
APPLIANCE - 1333 10TH AVE 639 632 7  
APPLIANCE - WATER HEATER - 1416-1420 10TH AVE 1,120 1,108 12  
APPLIANCE - 1339-C 10TH AVE-REFRIGERATOR 503 503 0  
APPLIANCE - 1333 10TH AVE-REFRIGERATOR 696 696 0  
APPLIANCE - 1424 10TH AVE-REFRIGERATOR 644 644 0  
RENOVATIONS - 1416-1420 10TH AVE 7,592 1,990 5,602  
RENOVATIONS - 3468 HARDESTY 9,729 2,493 7,236  
APPLIANCE - 3477 HARDESTY-OVEN 522 522 0  
ROOFING - 1333 10TH AVE 3,084 676 2,408  
APPLIANCE - 3471 HARDESTRY 523 523 0  
APPLIANCE - WATER HEATER -1339 10TH AVE 1,099 1,099 0  
APPLIANCE - 1420 10TH AVE 523 523 0  
APPLIANCE - 1333 10TH AVE 523 523 0  
APPLIANCE - 1333 10TH AVE 523 523 0  
RENOVATIONS - 3468 HARDESTY 2,590 952 1,638  
RENOVATIONS - 1416 10TH AVE 800 294 506  
ROOFING - HARDESTY 12,740 4,611 8,129  
APPLIANCE - 1333 10TH AVE 555 555 0  
ROOFING - HARDESTY 8,100 2,937 5,163  
ROOFING - 1420 10TH AVE 15,240 5,702 9,538  
ROOFING - 1333 10TH AVE 21,080 7,695 13,385  
SK - RANGE/OVEN - 1416 10TH AVE 711 711 0  
SK - WATER HEATER - 1333 10TH AVE 753 753 0  
SK - CONSTRUCTION - 1416 10TH AVE 7,547 4,145 3,402  
SK - CONSTRUCTION - 1416 10TH AVE 7,837 4,334 3,503  
SK - CONSTRUCTION - 3468 HARDESTY 3,613 1,927 1,686  
SK - PRINTER 314 314 0  
SK - APPLIANCES - 3471 & 3477 HARDESTY 672 672 0  
SK - FLOORING 1,571 1,571 0  
SK - APPLIANCES - 10TH AVE 1,303 1,303 0  
SK - LAND 2,818,547 0 2,818,547  
SK - BUILDING 916,840 402,646 514,194  
SK - APPLIANCES - 10TH AVE 3468 & 3471 HARDESTY 4,897 4,897 0  
SEC. 754 LAND - MINNIE KOSASA TRUST 836,184 0 836,184  
SEC. 754 LAND - ESTATE TRUST 390,725 0 390,725  
APPLIANCE 512 511 1  
ROOFING - HARDESTY 540 222 318  
FLOORING - HARDESTY 650 650 0  
ROOFING - HARDESTY 1,100 498 602  
ROOFING - 1420 10TH AVE 1,316 598 718  
APPLIANCE - WATER HEATER - 1333 10TH AVE 308 308 0  
PAINTING - 1333 10TH AVE 2,700 1,172 1,528  
ROOFING - 1333 10TH AVE 2,000 909 1,091  
APPLIANCE - WATER HEATER -1416 10TH AVE 1,173 1,173 0  
CONCRETE SLAB - 3468 HARDESTY 7,016 1,158 5,858  
PAINTING 5,676 2,704 2,972  
APPLIANCE 1,444 1,444 0  
RENOVATIONS 7,299 3,479 3,820  
1220 CENTER STREET (PARKING LOT) 1,252,000 0 1,252,000  
3610 WAIALAE AVE (LAND) 1,578,000 0 1,578,000  
3610 WAIALAE AVE (BUILDING) 300,000 4,167 295,833  
3610 WAIALAE AVE (RENOVATIONS) 345,978 370 345,608  

TY 2022 InvestmentsOtherSchedule2
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BHMS FUNDS AT COST 22,644,570 24,481,056
HILDENE OPPORTUNITIES OFFSHORE FUND AT COST 699,115 825,655
STRATEGIC INVESTMENT GROUP FUNDS AT COST 73,437,836 85,912,258
BAYVIEW MSR OPPORTUNITY OFFSHORE LP AT COST 848,000 924,116
LENDING VIII LLC AT COST 338,953 349,092
ARCM FEEDER FUND IV LTD AT COST 682,500 743,552
STRATEGIC BUYOUT FD LP AT COST 643,227 594,182
KKR GLOBAL CRED OPP AT COST 1,400,000 1,400,000
LEGACY VENTURE INVESTMENTS (VII, IX, X & XI) AT COST 2,307,991 4,570,956

TY 2022 LegalFeesSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 26,444 0   26,444


TY 2022 OtherAssetsSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT   1,000 1,000


TY 2022 OtherExpensesSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 23,695 0   23,695
INSURANCE 32,893 0   32,893
CLEANING & MAINTENANCE 12,394 12,394   0
PEST CONTROL 1,301 1,301   0
MANAGEMENT FEES 24,299 24,299   0
REPAIRS 19,534 19,534   0
RENTAL GENERAL EXCISE TAX 14,022 14,022   0
UTILITIES 17,378 17,378   0
REAL PROPERTY INSURANCE 17,381 17,381   0
REAL PROPERTY TAX 18,899 18,899   0


TY 2022 OtherIncomeSchedule2
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 1,501 1,501 1,501
INVESTMENT INCOME FROM PFIC 0 0 0
K-1 PORTFOLIO INCOME NET ACTIVTY -1,237,853 -1,221,972 0


TY 2022 OtherLiabilitiesSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Description Beginning of Year - Book Value End of Year - Book Value
OTHER PAYABLES 0 4,921


TY 2022 OtherProfessionalFeesSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 547,198 547,198   0
CONSULTING FEES 144,447 0   144,447
K-1: PORTFOLIO DEDUCTIONS 263,040 263,040   0


TY 2022 TaxesSchedule
Name:
KOSASA FOUNDATION
 
FKA THE KOSASA FOUNDATION
EIN:
99-0313279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 135,000 0   0
FOREIGN TAX 181,909 181,909   0