KAHIAU FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: KAHIAU FOUNDATION (EIN 05-0629872)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-12
IRS object ID: 202433179349102998
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-12T16:42:03-08:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	852706528	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WBM Inc	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	91-3575 Kauluakoko St Unit 3001	AddressLine1Txt
City	Ewa Beach	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96706	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	050629872	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE KAHIAU FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	KAHI	BusinessNameControlTxt
Phone	8089236324	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2969 KALAKAUA AVENUE 1101	AddressLine1Txt
City	HONOLULU	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96815	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALLENE WONG	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-11-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Wilfred E Bucher CPA	PreparerPersonNm
PTIN	P01200484	PTIN
Phone	8085284146	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,120,721	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Net Invst Incm	$11,582	InterestOnSavNetInvstIncmAmt
Dividends Net Invst Incm	$69,105	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$170,740	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$617,038	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,806	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$587	NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss	$170,740	TotalRevAndExpnssAmt
Total Net Invst Incm	$82,493	TotalNetInvstIncmAmt
Total Adj Net Incm	$587	TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss	$371	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$371	OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$371	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$371	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$210,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$210,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$210,371	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$371	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$210,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$39,631	ExcessRevenueOverExpensesAmt
Net Investment Income	$82,122	NetInvestmentIncomeAmt
Adjusted Net Income	$587	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$160,205	CashBOYAmt
Cash EOY	$167,880	CashEOYAmt
Cash EOYFMV	$167,880	CashEOYFMVAmt
US Government Obligations BOY	$66,607	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$4,467	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$4,467	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$2,218,881	CorporateStockBOYAmt
Corporate Stock EOY	$2,034,979	CorporateStockEOYAmt
Corporate Stock EOYFMV	$2,448,784	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$300,854	CorporateBondsBOYAmt
Corporate Bonds EOY	$499,590	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$499,590	CorporateBondsEOYFMVAmt
Total Assets BOY	$2,746,547	TotalAssetsBOYAmt
Total Assets EOY	$2,706,916	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,120,721	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$2,746,547	RetainedEarningBOYAmt
Retained Earning EOY	$2,706,916	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,746,547	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,706,916	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,746,547	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,706,916	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,746,547	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$39,631	ExcessRevenueOverExpensesAmt
Subtotal	$2,706,916	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$2,706,916	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,806	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$587	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,141	InvestmentIncomeExciseTaxAmt
Subtotal	$1,141	SubtotalAmt
Tax Based On Investment Income	$1,141	TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce	$1,460	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$1,460	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$63	EsPenaltyAmt
Overpayment	$256	OverpaymentAmt
Applied To ES Tax	$0	AppliedToESTaxAmt
Refund	$256	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Org Report Or Register State	HI	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8089236324	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2969 KALAKAUA AVENUE SUITE 1101	AddressLine1Txt
City	HONOLULU	CityNm
State Abbreviation	HI	StateAbbreviationCd
ZIP	96815	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
ALLENE WONG
2969 KALAKAUA AVENUE STE 1101	HONOLULU	HI	96815	Chairman	5.00	$0
COLLEEN WONG
2969 KALAKAUA AVENUE STE 1101	HONOLULU	HI	96815	Secretary	2.00	$0
MORGAN BERNSTEIN
2969 KALAKAUA AVENUE STE 1101	HONOLULU	HI	96815	Director	1.00	$0
ZACHARY KAU
2969 KALAKAUA AVENUE STE 1101	HONOLULU	HI	96815	Director	1.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,334,444	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$167,880	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,502,324	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$3,502,324	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$52,535	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,449,789	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$172,489	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$172,489	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,141	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,141	TotalTaxAmt
Distributable Before Adj	$171,348	DistributableBeforeAdjAmt
Distributable Before Ded	$171,348	DistributableBeforeDedAmt
Distributable As Adjusted	$171,348	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$210,000	ExpensesAndContributionsAmt
Qualifying Distributions	$210,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$171,348	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$37,923	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$72,843	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$220,000	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$330,766	TotalExcessDistributionCyovAmt
Qualifying Distributions	$210,000	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$171,348	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$38,652	RemainingDistriFromCorpusAmt
Total Corpus	$369,418	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$369,418	ExcessDistriCyovToNextYrAmt
Excess From Year3	$37,923	ExcessFromYear3Amt
Excess From Year2	$72,843	ExcessFromYear2Amt
Excess From Year1	$220,000	ExcessFromYear1Amt
Excess From Current Year	$38,652	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ALLENE WONG	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
EQUALITY NOW
125 MAIDEN LANE 9TH FLOOR SUITE B	NEW YORK	NY	10038	NONE	PC	TO SUPPORT ACHIEVING LEGAL & SYSTEMATIC CHANGE THAT ADDRESSES VIOLENCE & DISCRIMINATION	$100,000
FRIENDS OF HAUNAMA BAY
PO BOX 25761	HONOLULU	HI	96825	NONE	PC	CONSERVATION OF COASTAL AND MARINE ENVIRONMENTS, EMPHASIZING STEWARDSHIP OF THE NATURAL RESOURCES OF HAUNAMA BAY NATURE PRESERVE	$100,000
NA LEI HULU I KA WEKIU
153 BRADFORD ST	SAN FRANCISCO	CA	94110	NONE	PC	COMMITTED TO THE PRESERVATION AND EDUCATION OF THE HAWAIIAN CULTURE THROUGH HULA.	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$210,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$170,740	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$170,740	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$170,740	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADR FEES #4220	$29	$29	$0	$0
ADR FEES #4221	$127	$127	$0	$0
ADR FEES #4226	$215	$215	$0	$0

KAHIAU FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

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