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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
MAMORU & AIKO TAKITANI FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 10360
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI96816
A Employer identification number

51-0212114
B Telephone number (see instructions)

(808) 394-8120
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$34,456,773J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 20,530 20,530  
4 Dividends and interest from securities... 489,924 489,924  
5a Gross rents............ 283,494 283,494  
b Net rental income or (loss) 101,022
6a Net gain or (loss) from sale of assets not on line 10 1,280,778
b Gross sales price for all assets on line 6a 4,809,216
7 Capital gain net income (from Part IV, line 2)... 1,280,778
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
877,697 862,772  
12 Total. Add lines 1 through 11........ 2,952,423 2,937,498  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000 0   60,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
25,689 0   25,689
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,515 5,515   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
189,577 68,633   120,944
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
62,223 62,223   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
57,093 57,093  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,068 0   2,068
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
120,872 86,922   33,685
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 523,037 280,386   242,386
25 Contributions, gifts, grants paid....... 1,581,080 1,581,080
26 Total expenses and disbursements. Add lines 24 and 25 2,104,117 280,386   1,823,466
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 848,306
b Net investment income (if negative, enter -0-) 2,657,112
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 1,428,806 127,912 127,912
2 Savings and temporary cash investments......... 9,327,488 2,165,810 2,165,810
3 Accounts receivable right arrow6,618
Less: allowance for doubtful accounts right arrow   6,555 6,618 6,618
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow6,508,190
Less: accumulated depreciation (attach schedule) right arrow274,516 6,264,087 Click to see attachment
List of Attached Documents:
// Content
6,233,674 		6,233,674
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
10,813,919 		11,806,683
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
13,608,794 		Click to see attachment
List of Attached Documents:
// Content
11,966,877 		Click to see attachment
List of Attached Documents:
// Content
14,116,076
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,635,730 31,314,810 34,456,773
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
19,995 		Click to see attachment
List of Attached Documents:
// Content
24,750
23 Total liabilities (add lines 17 through 22)......... 19,995 24,750
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........ 30,615,735 31,290,060
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 30,615,735 31,290,060
30 Total liabilities and net assets/fund balances (see instructions). 30,635,730 31,314,810
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
30,615,735
2
Enter amount from Part I, line 27a .....................
2
848,306
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
31,464,041
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
173,981
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,290,060
Form 990-PF (2024)
Form 990-PF (2024)
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 - FIDELITY 1422 P    
b PUBLICLY TRADED SECURITIES - FIDELITY 1422 P    
c PUBLICLY TRADED SECURITIES - FIDELITY 6535 P    
d PUBLICLY TRADED SECURITIES - FIDELITY 6535 P    
e PUBLICLY TRADED SECURITIES - FIDELITY 6536 P    
PUBLICLY TRADED SECURITIES - FIDELITY 6536 P    
PUBLICLY TRADED SECURITIES - FIDELITY 6537 P    
PUBLICLY TRADED SECURITIES - FIDELITY 6537 P    
PUBLICLY TRADED SECURITIES - FIDELITY 6537 P    
GLOBAL RESEARCH EQUITY EXTENDED FUND LP P    
GLOBAL RESEARCH EQUITY EXTENDED FUND LP P    
DAVIDSON KEMPER INSITUTIONAL PARTNERS LP P    
DAVIDSON KEMPER INSITUTIONAL PARTNERS LP P    
HARDMAN JOHNSTON INTERNATIONAL EQUITY FUND II LP P    
HARDMAN JOHNSTON INTERNATIONAL EQUITY FUND II LP P    
1607 CAPITAL DOMESTIC EQUITY FUND, LP P    
1607 CAPITAL DOMESTIC EQUITY FUND, LP P    
ARROWSTREET CAIPITAL GLOBAL ALL COUNTRY P    
ARROWSTREET CAIPITAL GLOBAL ALL COUNTRY P    
PUBLICLY TRADED SECURITIES - FIDELITY 6536 P    
1607 CAPITAL INTERNATIONAL EQUITY FUND, LP P    
1607 CAPITAL INTERNATIONAL EQUITY FUND, LP P    
CAPITAL GAINS DIVIDENDS 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 106,000   104,134 1,866
b 962,148   805,578 156,570
c 337,999   336,421 1,578
d 720,084   727,019 -6,935
e 454,802   423,278 31,524
974,742   792,606 182,136
68,039   66,286 1,753
239,854   203,551 36,303
2,037     2,037
49,797     49,797
78,236     78,236
1,337     1,337
17,932     17,932
    6,505 -6,505
104,671     104,671
7,071     7,071
78,641     78,641
51,201   48,800 2,401
554,315     554,315
25     25
    6,104 -6,104
    8,156 -8,156
285     285
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       1,866
b       156,570
c       1,578
d       -6,935
e       31,524
      182,136
      1,753
      36,303
      2,037
      49,797
      78,236
      1,337
      17,932
      -6,505
      104,671
      7,071
      78,641
      2,401
      554,315
      25
      -6,104
      -8,156
      285
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 1,280,778
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 36,934
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 36,934
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 36,934
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 44,537
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 44,537
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 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 7,603
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow7,603 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
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 2024 or the taxable year beginning in 2024? 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
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 addressright arrowHTTP://TAKITANIFOUNDATION.ORG
14
The books are in care ofright arrowLAULIMA FAMILIES Telephone no.right arrow (808) 394-8120

Located atright arrowPO BOX 10360HONOLULUHI ZIP+4right arrow96816
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 2024, 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
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
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)
 
No
(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
 
 
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
MICHAEL W PERRY CHAIRMAN & DIRECTOR
8.00 		12,000 0 0
PO BOX 10360
HONOLULU,HI96816
DR C SCOTT WO VICE CHAIRMAN, TREASURER, & DIRECTOR
2.00 		12,000 0 0
PO BOX 10360
HONOLULU,HI96816
JANICE LUKE LOO PRESIDENT & DIRECTOR
6.00 		12,000 0 0
PO BOX 10360
HONOLULU,HI96816
KAREN UNO VICE PRESIDENT, & DIRECTOR
4.00 		12,000 0 0
PO BOX 10360
HONOLULU,HI96816
STUART HO VICE PRESIDENT, SECRETARY, & DIRECTOR
3.00 		12,000 0 0
PO BOX 10360
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 (2024)
Form 990-PF (2024)
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
CAROLYN J LEE CONTRACT SERVICE 63,547
PO BOX 10360
HONOLULU,HI96816
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  
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  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
10,314,977
b
Average of monthly cash balances.......................
1b
2,600,136
c
Fair market value of all other assets (see instructions)................
1c
20,623,959
d
Total (add lines 1a, b, and c).........................
1d
33,539,072
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
33,539,072
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
503,086
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,035,986
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,651,799
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
1,651,799
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
36,934
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
36,934
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,614,865
4
Recoveries of amounts treated as qualifying distributions................
4
1,500
5
Add lines 3 and 4............................
5
1,616,365
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
1,616,365
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
1,823,466
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
1,823,466
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,616,365
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 407,013
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,823,466
a Applied to 2023, but not more than line 2a 407,013
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 2024 distributable amount..... 1,416,453
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		199,912
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MAMORU AND AIKO TAKITANI FOUNDATION
PO BOX 10687
HONOLULU,HI968160687
(808) 228-0209
INFO@TAKITANIFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
ELIGIBLE HIGH SCHOOLS NOMINATE A STUDENT FROM THEIR SCHOOL THAT MEETS THE REQUIREMENTS FOR FINANCIAL NEED AND ACADEMIC EXCELLENCE. SEE WWW.TAKITANIFOUNDATION.ORG FOR MORE INFORMATION
cAny submission deadlines:
ONLINE SCHOLARSHIP APPLICAITON DEADLINE IS IN FEBRUARY. SEE WWW.TAKITANIFOUNDATION.ORG FOR MORE INFO
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FUNDS ARE TO BE USED FOR EDUCATIONAL EXPENSES AS DETERMINED BY THE STUDENT'S COLLEGE OR UNIVERSITY FINANCIAL AID OFFICER
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MAMORU AND AIKO TAKITANI FOUNDATION
PO BOX 10687
HONOLULU,HI968160687
(808) 228-0209
INFO@TAKITANIFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
THE MAMORU AND AIKO TAKITANI FOUNDATION DOES NOT ACCEPT UNSOLICIATED REQUESTS FOR FUNDING. PROPOSALS ARE ACCEPTED BY INVITATION ONLY.
cAny submission deadlines:
INVITED NONPROFITS TO SUBMIT A REQUEST ON 1ST DAY OF FEBRUARY, MAY, AUGUST, OR NOVEMBER.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
RESTRICTIONS ARE LIMITED FOR THE PURPOSES DETAILED IN THE AWARD LETTERS.
Form 990-PF (2024)
Form 990-PF (2024)
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

SAGE ANDREWS

881 COMMONWEALTH AVE 5TH FL
BOSTON,MA02215 		NONE   SCHOLARSHIP 3,000

BRYCE ANZAI

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

DEVAN BUTLER

1 GRAND AVE ADMINISTRATION 131-E
SAN LUIS OBISPO,CA934070201 		NONE   SCHOLARSHIP 3,000

MASON CHOY

5000 N WILLAMETTE BLVD WALDSHIMDT
HALL
PORTLAND,OR972035798 		NONE   SCHOLARSHIP 3,000

MAHINA DAMERON

700 CHILDS WAY JHH 325
LOS ANGELES,CA900890914 		NONE   SCHOLARSHIP 3,000

PU'UWAILA'AHIAMAIKALANI DUARTE

201 PRESIDENTS CIRCLE
SALT LAKE CITY,UT84112 		NONE   SCHOLARSHIP 3,000

JEAZELLE MEI GARLITOS

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

NOELANI GLORIOSO

CLARENCE TC CHING HALL RM 11
HONOLULU,HI96816 		NONE   SCHOLARSHIP 3,000

MAILANI HIGA

901 12TH AVE
SEATTLE,WA98122 		NONE   SCHOLARSHIP 5,000

REYNA HUNKIN

700 CHILDS WAY JHH 325
LOS ANGELES,CA900890914 		NONE   SCHOLARSHIP 5,000

AKIRA IWATA

210 KENT HALL MAIL CODE 9202
NEW YORK,NY10027 		NONE   SCHOLARSHIP 3,000

JOSUNA KINSEY

3700 O ST NW BOX 571252
WASHINGTON,DC20057 		NONE   SCHOLARSHIP 3,000

ALANA LEE

A-41 ASB
PROVO,UT84602 		NONE   SCHOLARSHIP 3,000

MICHELLE LIANG

901 12TH AVE
SEATTLE,WA98122 		NONE   SCHOLARSHIP 3,000

ALEXANDRA LUISDOTTIR PEREZ

1500 SW JEFFERSON WAY
CORVALLIS,OR97339 		NONE   SCHOLARSHIP 3,000

ISABELLA MINAUDO

CLARENCE TC CHING HALL RM 11
HONOLULU,HI96816 		NONE   SCHOLARSHIP 3,000

RUMAYSHA MOMEN

700 CHILDS WAY JHH 325
LOS ANGELES,CA900890914 		NONE   SCHOLARSHIP 3,000

KAILER OGATA

3801 W TEMPLE AVE
PAMONA,CA91768 		NONE   SCHOLARSHIP 5,000

ALEXA PASCUAL

1500 SW JEFFERSON WAY
CORVALLIS,OR97339 		NONE   SCHOLARSHIP 3,000

MAIA PAYNE

700 CHILDS WAY JHH 325
LOS ANGELES,CA900890914 		NONE   SCHOLARSHIP 3,000

ISABELLA RABELO DOS SANTOS

1950 THIRD ST
LA VERNE,CA91750 		NONE   SCHOLARSHIP 3,000

ANGELICA SANTOS

5000 N WILLAMETTE BLVD
PORTLAND,OR972035798 		NONE   SCHOLARSHIP 5,000

SOFIA SAUNDERS

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

MADISON STRAND

5000 N WILLAMETTE BLVD
PORTLAND,OR972035798 		NONE   SCHOLARSHIP 3,000

XIAOSHUN SUN

2500 STUDENT ACTIVITIES BLDG
ANN ARBOR,MI48109 		NONE   SCHOLARSHIP 3,000

GRACE TIMOSHCHICK

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

JOELLE WATANABE

881 COMMONWEALTH AVE 5TH FL
BOSTON,MA02215 		NONE   SCHOLARSHIP 8,000

RACHEL WONG

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 5,000

JASMYN YOSHIKAWA

200 W KAWILI ST
HILO,HI967204091 		NONE   SCHOLARSHIP 5,000

TARA ZAMANI

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

CARLA MAE AGRADE

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

PAIGE HO

ONE UNIVERSITY DR
ORANGE,CA92866 		NONE   SCHOLARSHIP 3,000

LANDON YANAGISAWA

ONE UNIVERSITY DR
ORANGE,CA92866 		NONE   SCHOLARSHIP 1,000

CHRISTINE NGUYEN

2500 CALIFORNIA PLZ
OMAHA,NE68178 		NONE   SCHOLARSHIP 1,500

CAMYLLE MCDONALD

225 NORTH AVE NW
ATLANTA,GA303320460 		NONE   SCHOLARSHIP 1,500

KASEN WONG

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

CHARLES TRAN

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

SAVANNA PENG

STUDENT SERVICES CENTER
NEW YORK,NY10003 		NONE   SCHOLARSHIP 3,000

SYDNEY HIRAYAMA

222-05 56TH AVE
QUEENS,NY11364 		NONE   SCHOLARSHIP 2,000

ANGELINE CHAN

5500 CAMPANILE DR
SAN DIEGO,CA92182 		NONE   SCHOLARSHIP 2,000

KEEANA VILLAMAR

1030 NORTH COLUMBIA AVE
CLAREMONT,CA91711 		NONE   SCHOLARSHIP 2,000

CRYSTAL AUZ

EDUCATION 2 NORTH 13120 EAST 19TH
AVE
AURORA,CO80045 		NONE   SCHOLARSHIP 3,000

JING TING ZHENG

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

EMILY LEI

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 1,500

MIA JOHNSON

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

HOPE KANOA

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

ALEXIA MAKI

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

EMMA JOANNA TILITILE

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

KAMALANI GOO

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 1,000

KAYLEE CORDEIRO

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

CASSIE MATSUMOTO

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

KYLA MUSSO

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

JYXZEL RHODZ BAGAOISAN

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

JOSH OOKA

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

BRENT SHIMODA

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 3,000

RILEY LAU

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 1,000

JULIANA RHEE

223 WATERMAN BUILDING
BURLINGTON,VT05405 		NONE   SCHOLARSHIP 3,000

KYMANI ALANI

1815 WILSON RD
PULLMAN,WA991641068 		NONE   SCHOLARSHIP 3,000

ZION LORAMO

60 WEST OLSEN RD 1375
THOUSAND OAKS,CA91360 		NONE   SCHOLARSHIP 2,000

LOVEY BEEBE

500 UNIVERSITY AVE WEST
MINOT,ND58707 		NONE   SCHOLARSHIP 2,000

ALEXIA VENICE RAMOS

1500 SW JEFFERSON WAY
CORVALLIS,OR97331 		NONE   SCHOLARSHIP 2,000

AIMI DINH

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,500

HIILEI PATOC

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

KOBE LIANG

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

YUCHEN LIN

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

MEI FANG SHI

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

LEIALOHA FOX

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

TANNER GOUVEIA

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

HEKILI KAMALANI

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

ALU HYODO

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

GIANNA SIRACUSA

1815 WILSON RD
PULLMAN,WA991641068 		NONE   SCHOLARSHIP 2,500

JANEL-JOY MARCOS

45-720 KEAAHALA RD
KANEOHE,HI96744 		NONE   SCHOLARSHIP 1,500

RIVER AITKEN

615 S PALATINE HILL RD MSC 56
PORTLAND,OR97219 		NONE   SCHOLARSHIP 3,000

PIERCE ARMSTRONG

30 WEST PERSHING ROAD STE 820
KANSAS CITY,MO64108 		NONE   SCHOLARSHIP 3,000

HANNAH CHENG

24255 PACIFIC COAST HWY
MALIBU,CA90263 		NONE   SCHOLARSHIP 3,000

ETHAN D'AMBROSIO

6024 MCNUTT HALL
HANOVER,NH03755 		NONE   SCHOLARSHIP 3,000

SAMANTHA FUJIMOTO

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 3,000

RISSALYN HARA

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 3,000

ZSYLA HONDA

PO BOX 11590
PHOENIX,AZ85061 		NONE   SCHOLARSHIP 3,000

MAYA KANESHIRO

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 5,000

RUBY KOFRON

14 E CACHE LA POUDRE ST
COLORADO SPRINGS,CO80903 		NONE   SCHOLARSHIP 5,000

AVA LEE

1ST FL WALLER HALL
SALEM,OR97301 		NONE   SCHOLARSHIP 3,000

JOHN MEDEIROS

WALLIS HALL PO BOX 270261
ROCHESTER,NY146270261 		NONE   SCHOLARSHIP 3,000

CALI PONCIANO

4505 S MARYLAND PKWY
LAS VEGAS,NV89154 		NONE   SCHOLARSHIP 5,000

KATE SHOWER

1ST FL WALLER HALL
SALEM,OR97301 		NONE   SCHOLARSHIP 3,000

TRISTA SILVA

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 3,000

ANELA TAONG-AKANA

4505 S MARYLAND PKWY
LAS VEGAS,NV89154 		NONE   SCHOLARSHIP 3,000

CHRISTOPHER UNRUH

4400 MASSACHUSETTS AVE NW
WASHINGTON,DC20016 		NONE   SCHOLARSHIP 3,000

ASHLEE KUBO

PO BOX 11590
PHOENIX,AZ85061 		NONE   SCHOLARSHIP 1,000

PILILA'I KAAI

PO BOX 11590
PHOENIX,AZ85061 		NONE   SCHOLARSHIP 1,000

SOPHIA RILEY

615 S PALATINE HILL RD MSC 56
PORTLAND,OR97219 		NONE   SCHOLARSHIP 1,500

BETHANY BALLESTEROS

615 S PALATINE HILL RD MSC 56
PORTLAND,OR97219 		NONE   SCHOLARSHIP 3,000

CARL BRIAN PADRON

1000 EL CAMINO REAL
ALTHERTON,CA94027 		NONE   SCHOLARSHIP 3,000

NIKKI ZAMANI

111 UNIVERSITY PARKWAY STE 202
OAKLAND,CA94613 		NONE   SCHOLARSHIP 3,000

SHAYE NISHIMURA

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 3,000

TORRANCE SATTA-ELLIS

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 1,500

KALENA PFAELTZER

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 3,000

SOPHIA OTSUKA

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 3,000

REESE RAGUINDIN

2043 COLLEGE WAY
FOREST GROVE,OR97116 		NONE   SCHOLARSHIP 2,000

ALEXANDER HENRIQUES

300 W SEWARD ST
RIPON,WI54971 		NONE   SCHOLARSHIP 3,000

BRYCE JONES

3307 3RD AVE WEST STE 114
SEATTLE,WA98119 		NONE   SCHOLARSHIP 3,000

MARIA ANGST

200 W KAWILI ST
HILO,HI967204091 		NONE   SCHOLARSHIP 3,000

DAVID FREUND

200 W KAWILI ST
HILO,HI967204091 		NONE   SCHOLARSHIP 3,000

SYDNEY GRIFFITHS

4505 S MARYLAND PKWY
LAS VEGAS,NV89154 		NONE   SCHOLARSHIP 3,000

CHRISTOPHER CASUPANG

5998 ALCALA PARK
SAN DIEGO,CA92110 		NONE   SCHOLARSHIP 3,000

RAYNA SHAFTER

5998 ALCALA PARK
SAN DIEGO,CA92110 		NONE   SCHOLARSHIP 1,500

KEPLER NICCORE

955 LA PAZ RD
SANTA BARBARA,CA93108 		NONE   SCHOLARSHIP 1,500

MAIRI TRAVIS

26 E MAIN ST
NORTON,MA02766 		NONE   SCHOLARSHIP 3,000

CLARA KATHMAN

1ST FL WALLER HALL
SALEM,OR97301 		NONE   SCHOLARSHIP 3,000

PJ NITHAN

874 DILLINGHAM BLVD
HONOLULU,HI96817 		NONE   SCHOLARSHIP 2,500

FRANCINE NICOBEZA

874 DILLINGHAM BLVD
HONOLULU,HI96817 		NONE   SCHOLARSHIP 2,000

NEIL PHILLIP CABBAB

4303 DIAMOND HEAD RD ILIMA 102
HONOLULU,HI96816 		NONE   SCHOLARSHIP 2,500

TIARE PSKOWSKI-PHILLIPPO

1 HAWK DR
NEW PALTZ,NY12561 		NONE   SCHOLARSHIP 2,500

KAELEE QUISANO

1664 N VIRGINIA ST
RENO,NV89557 		NONE   SCHOLARSHIP 1,500

ESTELLE DADZIE

2600 CAMPUS RD QLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 5,000

GRACE MARTIN

881 COMMONWEALTH AVE 5TH FL
BOSTON,MA02215 		NONE   SCHOLARSHIP 3,000

EMILY YANG

86 BRATTLE ST
CAMBRIDGE,MA02138 		NONE   SCHOLARSHIP 2,000

KAITLIN KITAGAWA

500 EL CAMINO REAL
BURLINGAME,CA94010 		NONE   SCHOLARSHIP 3,000

KAYLA BUSH

500 EL CAMINO REAL
BURLINGAME,CA94010 		NONE   SCHOLARSHIP 3,000

KAYLEE ANN TANI

500 EL CAMINO REAL
BURLINGAME,CA94010 		NONE   SCHOLARSHIP 3,000

NOAH CHUN

500 EL CAMINO REAL
BURLINGAME,CA94010 		NONE   SCHOLARSHIP 1,500

JACQUELINE COBEEN

8 PROFESSORS SQUARE
  GLASGOWGA 12 8QH
UK 		NONE   SCHOLARSHIP 1,500

JACQUELYN VALIENTE

500 ALA MOANA BLVD STE 5A
HONOLULU,HI96813 		NONE   SCHOLARSHIP 2,500

SKASANG LOUCH

2600 CAMPUS RD
HONOLULU,HI96822 		NONE   SCHOLARSHIP 2,000

NINA JADE BATACAN

5000 MACARTHUR BLVD
OAKLAND,CA94613 		NONE   SCHOLARSHIP 2,000

KAYLA NAKANELUA-LANI

4303 DIAMOND HEAD RD ILIMA 102
HONOLULU,HI96816 		NONE   SCHOLARSHIP 1,000

JOEY LIN

60 WEST OLSEN RD 1375
THOUSAND OAKS,CA91360 		NONE   SCHOLARSHIP 2,000

LIAN FOUSE

700 CHILDS WAY JHH 325
LOS ANGELES,CA900890912 		NONE   SCHOLARSHIP 10,000

ALICIA KAITA

2600 CAMPUS ROAD CLCSS 112
HONOLULU,HI96822 		NONE   SCHOLARSHIP 10,000

TYLER LEE

3400 N CHARLES ST
BALTIMORE,MD21218 		NONE   SCHOLARSHIP 2,000

KAYLEE YADAMA

1500 N WARNER ST 1039
TACOMA,WA984161039 		NONE   SCHOLARSHIP 5,000

CHANCEN LAW

84 BRATTLE ST
CAMBRIDGE,MA02138 		NONE   SCHOLARSHIP 3,000

JENNA KIM

PO BOX 208232
NEW HAVEN,CT065208232 		NONE   SCHOLARSHIP 8,000

JENNY PANGE

20 TRUMAN STREET 100
IRVINE,CA92620 		NONE   SCHOLARSHIP 4,080

AUDREY D'AGRELLA

STUDENT SERVICES BUILDING SUITE 200
BLACKSBURG,VA24061 		NONE   SCHOLARSHIP 3,000

JAKE BANNISTER

5000 N WILLAMETTE BLVD
PORTLAND,OR972035798 		NONE   SCHOLARSHIP 1,000

CIANA-LEI BENCE

246 CHURCH ST
NEW HAVEN,CT06510 		NONE   SCHOLARSHIP 3,000

IAN RAMSON MANZANO GARCES

1-1 JUMONJIBARU BEPPU
  OITA874-8577
JA 		NONE   SCHOLARSHIP 3,000

NANEAIKAUHAAHAA POAHA-KAAI

310 KAAHUMANU AVENUE
KAHULUI,HI967321617 		NONE   SCHOLARSHIP 3,000

A'ALI'I MENTORING

521 ALA MOANA BLVD SUITE M302
HONOLULU,HI96813 		  NONPROFIT ORGANIZATI Q2 GRANT AWARD: SCHOLARSHIPS 12,000

ADVENTIST HEALTH CASTLE

640 ULUKAHIKI STREET
KAILUA,HI96734 		  NONPROFIT ORGANIZATI GRANT: SURGICAL TECHNICIAN TRAINEE PROGRAM 50,000

ADVENTIST HEALTH CASTLE

640 ULUKAHIKI STREET
KAILUA,HI96734 		  NONPROFIT ORGANIZATI UNRESTRICTED FUND. 5,000

CENTER FOR TOMORROW'S LEADERS

677 ALA MOANA BOULEVARD SUITE 1100
HONOLULU,HI96813 		  NONPROFIT ORGANIZATI COLLEGE SCHOLARSHIPS FOR HIGH SCHOOL SENIORS WHO WONE THE VISION LAB PROJECT OF THE YEAR. 20,500

CHAMINADE UNIVERSITY

3140 WAIALAE AVENUE
HONOLULU,HI96816 		  SCHOOL GRANT: SCHOLARSHIP PROGRAM 75,000

CHILDREN'S DISCOVERY CENTER

111 OHE STREET
HONOLULU,HI96813 		  NONPROFIT ORGANIZATI GRANT: 2025 FUNDING 30,000

HAWAI'I INTERNATIONAL FILM FESTIVAL

680 IWILEI ROAD SUITE 100
HONOLULU,HI96813 		  NONPROFIT ORGANIZATI Q2 GRANT AWARD : EDUCATION PROGRAMS FOR YOUTH 5,000

HAWAII RESTAURANT ASSOCIATION EDUCATIONAL

2909 WAIALAE AVENUE 44
HONOLULU,HI96826 		  NONPROFIT ORGANIZATI 2024 GRANT AWARD: HRAEF SCHOLARSHIP PROGRAM 6,000

HAWAI'I WORKFORCE PIPELINE

726 KALOLINA PLACE
KAILUA,HI96734 		  NONPROFIT ORGANIZATI GRANT: HONOLULU WORK-BASED LEARNING INITIATIVE 25,000

IOLANI SCHOOL

563 KAMOKU STREET
HONOLULU,HI96826 		  SCHOOL 2024 GRANT AWARD TO SUPPORT KA'I PROGRAM 100,000

KICK START KARATE

665 KUMIKAHI PLACE
HONOLULU,HI96825 		  NONPROFIT ORGANIZATI SCHOLARSHIPS FOR YOUTH 5,000

LAHAINA HONGWANJI MISSION

1828 E VINEYARD STREET
WAILUKU,HI96793 		  RELIGIOUS ORGANIZATI GIFT IMO MAMORU & AIKO TAKITANI 50,000

OPEN MIND YOGA HAWAII

1050 HUNAKAI ST
HONOLULU,HI96816 		  NONPROFIT ORGANIZATI UNRESTRICTED FUND. 5,000

PACIFIC AND ASIAN AFFAIRS COUNCIL

1601 EAST-WEST ROAD 4TH FLOOR
HONOLULU,HI96848 		  NONPROFIT ORGANIZATI 2024 GRANT: PAAC STUDY TOUR SCHOLARSHIPS & AFTER SCHOOL GLOBAL STUDIES CLASSES 45,000

PACIFIC BUDDHIST ACADEMY

1710 PALI HIGHWAY
HONOLULU,HI96813 		  SCHOOL GRANT IMO AIKO TAKITANI: FIN AID SCHOLARSHIPS 2024-2025 50,000

PUUWAI KILA

709 HONUA ST
HONOLULU,HI96816 		  NONPROFIT ORGANIZATI UNRESTRICTED FUND. 5,000

REHABILITATION HOSPITAL OF THE PACIFIC FO

226 NORTH KUAKINI ST
HONOLULU,HI96817 		  NONPROFIT ORGANIZATI Q2 GRANT AWARD: PRECEPTORSHIP PROGRAM 25,000

ST ANTHONY OF PADUA CHURCH & SCHOOL

1627-B MILL STREET
WAILUKU,HI96793 		  SCHOOL 2024 GRANT: TUITION SUPPORT FOR SACRED HEARTS STUDENTS 75,000

UNIVERSITY OF HAWAII FOUNDATION

1314 SOUTH KING STREET SUITE B
HONOLULU,HI96814 		  SCHOOL GRANT #2 OF 3 RE RISE HOUSING SCHOLARSHIPS 50,000

UNIVERSITY OF HAWAII FOUNDATION

1314 SOUTH KING STREET SUITE B
HONOLULU,HI96814 		  SCHOOL GRANT: UH HILO EQUINE PROGRAM FUND (UHF ACCT #12495404) 5,000

UNIVERSITY OF HAWAI'I FOUNDATION

1314 SOUTH KING STREET SUITE B
HONOLULU,HI96814 		  SCHOOL Q2 GRANT AWARD #1 OF 2 RE MAMORU TAKITANI AGRICULTURE INNOVATION FUND 100,000

UNIVERSITY OF HAWAI'I FOUNDATION

1314 SOUTH KING STREET SUITE B
HONOLULU,HI96814 		  SCHOOL PLEDGE GRANT #6 OF 7 RE: KCC CULINARY INSTITUTE OF THE PACIFIC 350,000

VOLUNTEER ALLY

702 S BERETANIA STREET
HONOLULU,HI96813 		  NONPROFIT ORGANIZATI FIRST INSTALLMENT OF GRANT TO DEVELOP HIGH SCHOOL COMMUNITY SERVICE PROGRAM AND UNDERAGED SERVICE ORGANIZATION MODULE ON VOLUNTEER ALLY WEBSITE. 25,000

YMCA OF HONOLULU

1441 PALI HIGHWAY
HONOLULU,HI96813 		  NONPROFIT ORGANIZATI GRANT: COLLEGE CAMP PROGRAM 50,000

STERLING HITCHCOCK

383 LAFAYETTE ST 1ST FLOOR
NEW YORK,NY10002 		NONE   SCHOLARSHIP 3,000
Total .................................right arrow 3a 1,581,080
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 20,530  
4 Dividends and interest from securities ....     14 489,924  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 101,022  
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 1,280,778  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGLOBAL RESEARCH EQUITY EXTENDED FUND LP 		525990   14 -22,579  
b1607 CAPITAL DOMESTIC EQUITY FUND LP 525990   14 77,251  
c1607 CAPITAL INTERNATIONAL EQUITY FUND LP 525990   14 -4,021  
dARROWSTREET CAPITAL GLOBAL ALL COUNTRY ALPHA EXTENSION FUND (CAYMAN) LIMITED 525990   14 238,501  
eD.E. SHAW ALL COUNTRY GLOBAL ALPHA EXTENSON FUND LLC 525990   14 492,645  
fDAVIDSON KEMPER INSTITUTIONAL PARTNERS LP 525990   14 84,528  
gHARDMAN JOHNSTON INTERNATIONAL EQUITY FUND II LP 525990   14 -3,613  
hINTERNAL REVENUE SERVICE REFUND     01 14,925  
iHAWAII NATIONAL BANK FEE REIMBURSEMENT     01 60  
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,769,951 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,769,951
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 1,780 1,780   0
LEGAL & ACCOUNTING 49 49   0
LEGAL & OTHER PROFESSIONAL FEES 3,686 3,686   0

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

TY 2024 DepreciationSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
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
LAND (1433 PENSACOLA ST) 2017-12-15 2,461,069   L   0 0    
BUILDING (1433 PENSACOLA ST) 2017-12-15 742,217 163,065 SL 27.500000000000 26,990 26,990    
APPLIANCES (1433 PENSACOLA ST) 2018-02-09 496 420 SL 7.000000000000 71 71    
ELECTRIC RANGE (1433 PENSACOLA ST) 2018-08-09 850 656 SL 7.000000000000 121 121    
GAS RANGE (1433 PENSACOLA ST) 2018-08-30 471 357 SL 7.000000000000 67 67    
FREEZER REFRIGERATOR (1433 PENSACOLA ST) 2019-10-03 764 463 SL 7.000000000000 109 109    
GAS WATER HEATER (1433 PENSACOLA ST) 2019-02-19 1,175 812 SL 7.000000000000 168 168    
GAS WATER HEATER (1433 PENSACOLA ST) 2019-02-19 1,175 812 SL 7.000000000000 168 168    
UNIT #1 RENOVATION (1433 PENSACOLA ST) 2019-10-01 24,000 3,674 SL 27.500000000000 873 873    
UNIT #19 RENOVATION (1433 PENSACOLA) 2019-04-04 10,450 1,789 SL 27.500000000000 380 380    
IPAD 2019-12-18 958   200DB 5.000000000000 0 192    
IPAD 2019-12-18 748   200DB 5.000000000000 0 150    
IPAD 2019-12-18 1,298   200DB 5.000000000000 0 260    
IPAD 2019-12-18 1,499   200DB 5.000000000000 0 300    
IPAD 2019-12-18 1,490   200DB 5.000000000000 0 298    
IPAD 2019-12-18 934   200DB 5.000000000000 0 187    
GAS RANGE (1433 PENSACOLA ST) 2020-09-10 727 347 SL 7.000000000000 104 104    
BUILDING IMPROVEMENTS (1433 PENSACOLA ST) 2020-06-18 1,500 195 SL 27.500000000000 55 55    
REFRIGERATOR (1433 PENSACOLA ST) 2020-04-01 1,762 945 SL 7.000000000000 252 252    
UNIT #8 RENOVATION (1433 PENSACOLA ST) 2020-02-27 16,000 2,255 SL 27.500000000000 582 582    
BUILDING IMPROVEMENTS (1433 PENSACOLA ST) 2021-04-01 14,000 1,379 SL 27.500000000000 509 509    
BUILDING (1943 PACIFIC HEIGHTS) 2022-04-13 429,800 27,351 SL 27.500000000000 15,629 15,629    
30 GALLON WATER HEATER (1943 PACIFIC HEIGHTS) 2022-06-30 3,558 762 SL 7.000000000000 508 508    
COIN OP WASHER & DRYER (1943 PACIFIC HEIGHTS) 2022-07-31 2,287 463 SL 7.000000000000 327 327    
RENOVATION (1943 PACIFIC HEIGHTS) 2022-09-30 8,650 394 SL 27.500000000000 315 315    
UNIT #9 RENOVATION (1943 PACIFIC HEIGHTS) 2022-10-31 17,300 734 SL 27.500000000000 629 629    
UNIT #4 RENOVATION (1943 PACIFIC HEIGHTS) 2022-10-31 8,650 367 SL 27.500000000000 315 315    
UNIT #4 REPAIR (1943 PACIFIC HEIGHTS) 2022-11-30 17,300 681 SL 27.500000000000 629 629    
UNIT #7 RENOVATION (1943 PACIFIC HEIGHTS) 2022-12-09 8,750 345 SL 27.500000000000 318 318    
UNIT #1 PLUMBING REPAIRS (1943 PACIFIC HEIGHTS) 2022-12-31 13,256 482 SL 27.500000000000 482 482    
COMMON AREA PLUMBING REPAIR (1943 PACIFIC HEIGHTS) 2022-12-31 19,420 706 SL 27.500000000000 706 706    
LAND (1943 PACIFIC HEIGHTS) 2022-04-13 2,523,951   L   0 0    
NEW REFRIGERATOR (1433 PENSACOLA ST) 2023-10-31 732 17 SL 7.000000000000 105 105    
GAS RANGE (1943 PACIFIC HEIGHTS) 2023-07-31 1,621 96 SL 7.000000000000 232 232    
WATER HEATER (1943 PACIFIC HEIGHTS) 2023-08-31 1,324 63 SL 7.000000000000 189 189    
APPLIANCES (1943 PACIFIC HEIGHTS) 2023-03-31 1,815 194 SL 7.000000000000 259 259    
REFRIGERATOR (1943 PACIFIC HEIGHTS) 2023-08-31 742 35 SL 7.000000000000 106 106    
NEW REFRIGERATOR AND GAS RAGE (1943 PACIFIC HEIGHTS) 2023-10-31 1,631 39 SL 7.000000000000 233 233    
GAS RANGE WITH ANTI-TIP BRACKET (1433 PENSACOLA ST) 2023-11-30 961 11 SL 7.000000000000 137 137    
HAIER REFRIGERATOR (1943 PACIFIC HEIGHTS) 2023-12-31 783   SL 7.000000000000 112 112    
RENOVATION (1943 PACIFIC HEIGHTS) 2023-11-18 47,446 144 SL 27.500000000000 1,725 1,725    
LAND IMPROVEMENT - PAVEMENT REPAIR (1943 PACIFIC HEIGHTS) 2024-08-31 23,000   SL 15.000000000000 511 511    
UNIT #3 RENOVATION (1943 PACIFIC HEIGHTS) 2024-06-06 17,550   SL 27.500000000000 372 372    
30 GALLON WATER HEATER (1943 PACIFIC HEIGHTS) 2024-01-31 1,301   SL 7.000000000000 170 170    
REPLACEMENT & INSTALLATION NEW WATER HEATER (1943 PACIFIC HEIGHTS) 2024-05-31 1,290   SL 7.000000000000 107 107    
30-INCH WIDE TOP FREEZER REFRIGERATOR (1943 PACIFIC HEIGHTS) 2024-05-31 5,402   SL 7.000000000000 450 450    
NEW REFRIGERATOR - DELIVERY & INSTALLATION (1943 PACIFIC HEIGHTS) 2024-11-30 1,397   SL 7.000000000000 17 17    
UNIT #2 RENOVATION (1433 PENSACOLA ST) 2024-10-31 17,800   SL 27.500000000000 108 108    
20' GAS RANGE (1433 PENSACOLA ST) 2024-01-31 1,025   SL 7.000000000000 134 134    
28" WIDE TOP FREEZER FRIDGE (1433 PENSACOLA ST) 2024-03-31 973   SL 7.000000000000 104 104    
NEW REFRIGERATOR DELIVERY (1433 PENSACOLA ST) 2024-04-30 1,165   SL 7.000000000000 111 111    
NEW GAS RANGE DELIVERY (1433 PENSACOLA ST) 2024-04-30 1,199   SL 7.000000000000 114 114    
NEW FRIDGE DELIVERY & INSTALLATION (1433 PENSACOLA ST) 2024-08-31 1,289   SL 7.000000000000 61 61    
NEW FRIDGE DELIVERY & INSTALLATION (1433 PENSACOLA ST) 2024-10-31 1,250   SL 7.000000000000 30 30    
NEW FRIDGE & GAS; DELIVERY & INSTALLATION 2024-10-31 2,404   SL 7.000000000000 57 57    
NEW FRIDGE DELIVERY & INSTALLATION (1433 PENSACOLA ST) 2024-11-30 985   SL 7.000000000000 12 12    
UNIT #10 RENOVATION (1943 PACIFIC HEIGHTS) 2023-08-15 18,300 277 SL 27.500000000000 665 665    
UNIT #2 RENOVATION (1943 PACIFIC HEIGHTS) 2023-09-16 18,300 166 SL 27.500000000000 665 665    

TY 2024 InvestmentsLandSchedule2
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND (1433 PENSACOLA ST) 2,461,069 0 2,461,069 2,461,069
BUILDING (1433 PENSACOLA ST) 742,217 190,055 552,162 552,162
APPLIANCES (1433 PENSACOLA ST) 496 491 5 5
ELECTRIC RANGE (1433 PENSACOLA ST) 850 777 73 73
GAS RANGE (1433 PENSACOLA ST) 471 424 47 47
FREEZER REFRIGERATOR (1433 PENSACOLA ST) 764 572 192 192
GAS WATER HEATER (1433 PENSACOLA ST) 1,175 980 195 195
GAS WATER HEATER (1433 PENSACOLA ST) 1,175 980 195 195
UNIT #1 RENOVATION (1433 PENSACOLA ST) 24,000 4,547 19,453 19,453
UNIT #19 RENOVATION (1433 PENSACOLA) 10,450 2,169 8,281 8,281
IPAD 958 958 0 0
IPAD 748 748 0 0
IPAD 1,298 1,298 0 0
IPAD 1,499 1,499 0 0
IPAD 1,490 1,490 0 0
IPAD 934 934 0 0
GAS RANGE (1433 PENSACOLA ST) 727 451 276 276
BUILDING IMPROVEMENTS (1433 PENSACOLA ST) 1,500 250 1,250 1,250
REFRIGERATOR (1433 PENSACOLA ST) 1,762 1,197 565 565
UNIT #8 RENOVATION (1433 PENSACOLA ST) 16,000 2,837 13,163 13,163
BUILDING IMPROVEMENTS (1433 PENSACOLA ST) 14,000 1,888 12,112 12,112
BUILDING (1943 PACIFIC HEIGHTS) 429,800 42,980 386,820 386,820
30 GALLON WATER HEATER (1943 PACIFIC HEIGHTS) 3,558 1,270 2,288 2,288
COIN OP WASHER & DRYER (1943 PACIFIC HEIGHTS) 2,287 790 1,497 1,497
RENOVATION (1943 PACIFIC HEIGHTS) 8,650 709 7,941 7,941
UNIT #9 RENOVATION (1943 PACIFIC HEIGHTS) 17,300 1,363 15,937 15,937
UNIT #4 RENOVATION (1943 PACIFIC HEIGHTS) 8,650 682 7,968 7,968
UNIT #4 REPAIR (1943 PACIFIC HEIGHTS) 17,300 1,310 15,990 15,990
UNIT #7 RENOVATION (1943 PACIFIC HEIGHTS) 8,750 663 8,087 8,087
UNIT #1 PLUMBING REPAIRS (1943 PACIFIC HEIGHTS) 13,256 964 12,292 12,292
COMMON AREA PLUMBING REPAIR (1943 PACIFIC HEIGHTS) 19,420 1,412 18,008 18,008
LAND (1943 PACIFIC HEIGHTS) 2,523,951 0 2,523,951 2,523,951
NEW REFRIGERATOR (1433 PENSACOLA ST) 732 122 610 610
GAS RANGE (1943 PACIFIC HEIGHTS) 1,621 328 1,293 1,293
WATER HEATER (1943 PACIFIC HEIGHTS) 1,324 252 1,072 1,072
APPLIANCES (1943 PACIFIC HEIGHTS) 1,815 453 1,362 1,362
REFRIGERATOR (1943 PACIFIC HEIGHTS) 742 141 601 601
NEW REFRIGERATOR AND GAS RAGE (1943 PACIFIC HEIGHTS) 1,631 272 1,359 1,359
GAS RANGE WITH ANTI-TIP BRACKET (1433 PENSACOLA ST) 961 148 813 813
HAIER REFRIGERATOR (1943 PACIFIC HEIGHTS) 783 112 671 671
RENOVATION (1943 PACIFIC HEIGHTS) 47,446 1,869 45,577 45,577
LAND IMPROVEMENT - PAVEMENT REPAIR (1943 PACIFIC HEIGHTS) 23,000 511 22,489 22,489
UNIT #3 RENOVATION (1943 PACIFIC HEIGHTS) 17,550 372 17,178 17,178
30 GALLON WATER HEATER (1943 PACIFIC HEIGHTS) 1,301 170 1,131 1,131
REPLACEMENT & INSTALLATION NEW WATER HEATER (1943 PACIFIC HEIGHTS) 1,290 107 1,183 1,183
30-INCH WIDE TOP FREEZER REFRIGERATOR (1943 PACIFIC HEIGHTS) 5,402 450 4,952 4,952
NEW REFRIGERATOR - DELIVERY & INSTALLATION (1943 PACIFIC HEIGHTS) 1,397 17 1,380 1,380
UNIT #2 RENOVATION (1433 PENSACOLA ST) 17,800 108 17,692 17,692
20' GAS RANGE (1433 PENSACOLA ST) 1,025 134 891 891
28" WIDE TOP FREEZER FRIDGE (1433 PENSACOLA ST) 973 104 869 869
NEW REFRIGERATOR DELIVERY (1433 PENSACOLA ST) 1,165 111 1,054 1,054
NEW GAS RANGE DELIVERY (1433 PENSACOLA ST) 1,199 114 1,085 1,085
NEW FRIDGE DELIVERY & INSTALLATION (1433 PENSACOLA ST) 1,289 61 1,228 1,228
NEW FRIDGE DELIVERY & INSTALLATION (1433 PENSACOLA ST) 1,250 30 1,220 1,220
NEW FRIDGE & GAS; DELIVERY & INSTALLATION 2,404 57 2,347 2,347
NEW FRIDGE DELIVERY & INSTALLATION (1433 PENSACOLA ST) 985 12 973 973
UNIT #10 RENOVATION (1943 PACIFIC HEIGHTS) 18,300 942 17,358 17,358
UNIT #2 RENOVATION (1943 PACIFIC HEIGHTS) 18,300 831 17,469 17,469

TY 2024 InvestmentsOtherSchedule2
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FIDELITY #1422 AT COST 1,393,175 1,413,334
FIDELITY #6535 AT COST 5,604,143 5,454,084
FIDELITY #6536 AT COST 3,222,639 4,264,217
FIDLEITY #6537 AT COST 593,962 675,048

TY 2024 LegalFeesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 13,939 0   13,939
PROFESSIONAL SERVICES 11,750 0   11,750


TY 2024 OtherAssetsSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
1607 CAPITAL DOMESTIC EQUITY FD, LP 1,124,335 0 0
1607 CAPITAL INTERNATIONAL EQUITY FUND, LP 661,729 0 0
ARROWSTREET CAPITAL GLOBAL ALL COUNTRY 2,169,046 2,806,814 3,770,349
D.E. SHAW ALL COUNTRY GLOBAL ALPHA EXTENSION FUND LLC 2,074,838 2,565,323 2,567,134
DAVIDSON KEMPNER INSTITUTIONAL PARTNERS L.P. 982,598 1,081,001 1,064,546
GLOBAL RESEARCH EQUITY EXTENDED FUND LP 2,069,081 2,248,989 2,978,157
HARDMAN JOHNSTON INTERNATIONAL EQUITY 1,267,172 0 0
JPAS SEMI LIQ ASSETS A 1,440,000 1,440,000 1,722,673
RECEIVABLE FROM PROPERTY MANAGEMENT (PACIFIC HEIGHTS) - DEPOSIT 4,600 11,800 11,800
RECEIVABLE FROM PROPERTY MANAGEMENT (PENSACOLA) - DEPOSIT 15,395 12,950 12,950
WEATHERLOW OFFSHORE FUND 1,800,000 1,800,000 1,988,467


TY 2024 OtherDecreasesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Description Amount
BOOK/TAX DIFFERENCE 172,481
RECOVERIES OF AMOUNTS TREATED AS QUALIFYING DISTRIBUTIONS 1,500


TY 2024 OtherExpensesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING/MARKETING 11,381 0   11,381
BUSINESS REGISTRATION FEES 44 0   44
TELEPHONE 1,056 0   1,056
DUES & SUBSCRIPTIONS 7,500 0   7,500
INSURANCE 7,429 0   7,429
OFFICE EXPENSE 6,090 0   6,090
BANK SERVICE CHARGES 10 0   10
GIFT EXPENSE 440 0   175
CLEANING & MAINTENANCE 2,549 2,549   0
MANAGEMENT FEES 9,129 9,129   0
REPAIRS 7,764 7,764   0
UTILITIES 10,793 10,793   0
INSURANCE 6,895 6,895   0
CLEANING & MAINTENANCE 5,173 5,173   0
MANAGEMENT FEES 10,741 10,741   0
REPAIRS 16,081 16,081   0
UTILITIES 10,902 10,902   0
INSURANCE 6,895 6,895   0


TY 2024 OtherIncomeSchedule2
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GLOBAL RESEARCH EQUITY EXTENDED FUND LP -22,579 -22,579 -22,579
1607 CAPITAL DOMESTIC EQUITY FUND LP 77,251 77,251 77,251
1607 CAPITAL INTERNATIONAL EQUITY FUND LP -4,021 -4,021 -4,021
ARROWSTREET CAPITAL GLOBAL ALL COUNTRY ALPHA EXTENSION FUND (CAYMAN) LIMITED 238,501 238,501 238,501
D.E. SHAW ALL COUNTRY GLOBAL ALPHA EXTENSON FUND LLC 492,645 492,645 492,645
DAVIDSON KEMPER INSTITUTIONAL PARTNERS LP 84,528 84,528 84,528
HARDMAN JOHNSTON INTERNATIONAL EQUITY FUND II LP -3,613 -3,613 -3,613
INTERNAL REVENUE SERVICE REFUND 14,925   14,925
HAWAII NATIONAL BANK FEE REIMBURSEMENT 60 60 60


TY 2024 OtherLiabilitiesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Description Beginning of Year - Book Value End of Year - Book Value
1433 PENSACOLA STREET SECURITY DEPOSIT 15,395 12,950
1943 PACIFIC HEIGHTS SECURITY DEPOSIT 4,600 11,800


TY 2024 OtherProfessionalFeesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONTRACT SERVICES 97,502 0   97,502
HONORARIUM - SCHOLARSHIP COMMITTEE 2,500 0   2,500
INVESTMENT MANAGEMENT FEES 68,633 68,633   0
MANAGEMENT FEES 20,942 0   20,942


TY 2024 TaxesSchedule
Name:
MAMORU & AIKO TAKITANI FOUNDATION INC
EIN:
51-0212114
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES FROM INVESTMENTS 27,501 27,501   0
GENERAL EXCISE TAX 5,714 5,714   0
REAL PROPERTY TAX 5,001 5,001   0
CONVEYANCE TAX 4,296 4,296   0
GENERAL EXCISE TAX 6,894 6,894   0
REAL PROPERTY TAX 6,895 6,895   0
CONVEYANCE TAX 5,922 5,922   0