2023-05-12T09:32:29-05:00 2022-06-30 135565207 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 990 2021-07-01 990085260 UNIVERSITY OF HAWAII FOUNDATION UNIV 8083767800 1314 SOUTH KING STREET SUITE B HONOLULU HI 96814 KARA SHIBATA CONTROLLER/ASST TREASURER 8083767800 2023-05-11 1 KARA SHIBATA 999009999 CANDACE C CHING P01698370 8085402800 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOHN HAN 1314 SOUTH KING STREET SUITE B HONOLULU HI 96814 305408077 0 X WWW.UHFOUNDATION.ORG X 1955 HI TO UNITE DONORS' PASSIONS WITH THE UNIVERSITY OF HAWAI'I'S (UH) ASPIRATIONS BY RAISING PHILANTHROPIC SUPPORT AND MANAGING INVESTMENTS TO BENEFIT UH, THE PEOPLE OF HAWAI'I AND OUR FUTURE GENERATIONS. 20 20 190 20 -872414 0 70935977 140729663 0 0 33658554 37664917 3837344 4290629 108431875 182685209 14953119 14485071 0 0 9326204 10288271 0 0 8230216 32967490 39528359 57246813 64301701 51185062 118383508 719332132 828996748 37725891 119175374 681606241 709821374 X SEE SCHEDULE O 0 0 14430406 12615293 0 STUDENT AID AND SERVICES - UHF RAISES AND DISTRIBUTES MONEY FOR STUDENT AID, SCHOLARSHIPS, FELLOWSHIPS, GRANTS AND AWARDS TO HELP STUDENTS FULFILL THEIR ACADEMIC POTENTIAL AND ENSURE OUR STATE HAS THE SKILLED PROFESSIONALS IT NEEDS TO FLOURISH.THESE INCLUDE MERIT-BASED SCHOLARSHIPS, NEED-BASED SCHOLARSHIPS, STUDY ABROAD OPPORTUNITIES AND PROGRAMS THAT HELP BUILD INTERNATIONAL BRIDGES AND CULTURAL VERSATILITY. FELLOWSHIPS HELP UH ATTRACT AND RETAIN OUTSTANDING STUDENTS WHOSE RESEARCH AND CONTRIBUTIONS TO OUR WORLD ARE KEY TO A VIBRANT FUTURE. 11766701 1069725 0 SPECIAL PROGRAMS - DONOR DESIGNATED ACCOUNTS SUPPORT A RANGE OF ACADEMIC AND NON-ACADEMIC INITIATIVES/PROGRAMS. THESE INCLUDE VISITING DISTINGUISHED LECTURERS AND PROFESSORSHIPS, COMPUTER LAB SUPPORT, FACILITIES FUNDS, INTRAMURAL SPORTS, OUTREACH PROGRAMS THAT SUPPORT LIFELONG LEARNING AND COMMUNITY EDUCATION, HEALTH FAIRS, WORKSHOPS, BAND AND MENTORSHIP PROGRAMS. THROUGH FUNDRAISING AND ACCOUNT MANAGEMENT, UHF IS A PARTNER IN CAPITAL IMPROVEMENT PROJECTS TO BRING STATE-OF-THE-ART FACILITIES, TECHNOLOGY AND EQUIPMENT TO CAMPUSES STATEWIDE. QUALITY FACILITIES AND RESOURCES NURTURE HEALTHY LEARNING AND PRODUCTIVE COLLABORATION. FROM BUSINESS EDUCATION TO ADVANCED CULINARY TRAINING, DONORS ARE HELPING UH DELIVER WORLD-CLASS OPPORTUNITIES AND FACILITIES TO HAWAII STUDENTS. DONOR FUNDS MAKE IT POSSIBLE FOR OUR PUBLIC UNIVERSITY TO BRING DISTINGUISHED VISITING LECTURERS AND RESEARCHERS TO OUR CAMPUSES. EXAMPLES INCLUDE BRINGING SOME OF THE WORLD'S MOST HIGHLY REGARDED CANCER RESEARCHERS TO WORK COLLABORATIVELY IN OUR RESEARCH LABORATORIES WITH UH SCIENTISTS. WHILE THEY ARE HERE, THE PROMINENT RESEARCHERS, INCLUDING NOBEL LAUREATES, DELIVER A MAJOR LECTURE AT THE UNIVERSITY OF HAWAII CANCER CENTER. PRIVATE SUPPORT FUNDS THIS EXTRAORDINARY OPPORTUNITY FOR UH FACULTY, STUDENTS AND STAFF, TO MEET AND INTERACT WITH SOME OF THE MOST PROMINENT SCIENTISTS WHOSE WORK HAS SAVED MANY LIVES AND ESTABLISH RESEARCH COLLABORATIONS WITH THEM. OTHER DISTINGUISHED LECTURE SERIES SUPPORT HAWAII'S DIALOGUE WITH THE REST OF THE WORLD IN AREAS INCLUDING LOCAL ENTREPRENEURSHIP, INTERNATIONAL WOMEN'S LEADERSHIP, GLOBAL TECHNOLOGY, THE INTEGRATION OF SCIENCE AND CULTURE, AND INDIGENOUS LANGUAGE/CULTURAL ISSUES. 6802168 17451 0 THE UNIVERSITY OF HAWAI'I FOUNDATION (UHF) HELPS ADVANCE WORLD-CLASS RESEARCH AND INNOVATION THROUGH STRATEGIC PHILANTHROPIC INVESTMENTS. PRIVATE SUPPORT PLAYS A CRITICAL ROLE IN ENABLING UH RESEARCHERS TO TACKLE OUR WORLD'S CHALLENGES AND IMPROVE OUR QUALITY OF LIFE. WITH ITS UNIQUE GEOGRAPHIC LOCATION IN THE MIDDLE OF THE PACIFIC OCEAN, THE RICH ETHNIC DIVERSITY AND ENVIRONMENTAL ATTRIBUTES, UH HAS BECOME A GLOBALLY RECOGNIZED LEADER FOR ITS PIONEERING RESEARCH IN FIELDS SUCH AS OCEANOGRAPHY, VOLCANOLOGY, ASTRONOMY, PACIFIC ISLANDS AND ASIAN AREA STUDIES, TROPICAL AGRICULTURE, CANCER AND GENETICS. UH'S HIGHLY RANKED ACTIVE RESEARCH PROGRAMS SERVE AS A MAGNET FOR LEADING RESEARCHERS, BUILDING UH CENTERS OF EXCELLENCE IN AREAS INCLUDING MICROBIOMES, ENDANGERED AND RARE PLANT CONSERVATION AND CLIMATE CHANGE. 15316113 782602 0 OTHER PROGRAM SERVICES 15316113 782602 0 48315388 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 476 0 1 190 1 1 1 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 HI X X X KARA SHIBATA 8083767800 1314 SOUTH KING STREET SUITE B HONOLULU HI 96814 STANDFORD S CARR VICE CHAIR 0.50 0.00 X X 0 0 0 TED PETTIT TREASURER 0.50 0.00 X X 0 0 0 LORI TERANISHI SECRETARY 0.50 0.00 X X 0 0 0 RICHARD F WACKER CHAIRMAN 0.50 0.00 X X 0 0 0 C SCOTT WO VICE CHAIR 0.50 0.00 X X 0 0 0 PETER FUKUNAGA TRUSTEE 0.50 0.00 X 0 0 0 PETER GROSSMAN TRUSTEE 0.50 0.00 X 0 0 0 MICHAEL K HIRAI TRUSTEE 0.50 0.00 X 0 0 0 LOUISE KY ING TRUSTEE 0.50 0.00 X 0 0 0 JAMES P LALLY TRUSTEE 0.50 0.00 X 0 0 0 JAMES HQ LEE TRUSTEE 0.50 0.00 X 0 0 0 ROSITA G LEONG TRUSTEE 0.50 0.00 X 0 0 0 ERIC K MARTINSON TRUSTEE 0.50 0.00 X 0 0 0 KEN MILLER TRUSTEE 0.50 0.00 X 0 0 0 JACKSON NAKASONE TRUSTEE 0.50 0.00 X 0 0 0 DIANE PALOMA TRUSTEE 0.50 0.00 X 0 0 0 JAMES J PAPPAS TRUSTEE 0.50 0.00 X 0 0 0 SEAN SUGAI TRUSTEE 0.50 0.00 X 0 0 0 GINNY TIU TRUSTEE 0.50 0.00 X 0 0 0 HANK WUH TRUSTEE 0.50 0.00 X 0 0 0 TIM DOLAN PRESIDENT/CEO 40.00 0.00 X 520551 0 71038 JOHN HAN VP FOR ADMINISTRATION/CFO 40.00 0.00 X 230056 0 55950 CHRISTINE KOO ASST TREASURER/ASSOCIATE VP 40.00 0.00 X 153425 0 50927 KARA SHIBATA ASST TREASURER/CONTROLLER 40.00 0.00 X 99346 0 30750 AMANDA KELLY ASST SECRETARY 40.00 0.00 X 92308 0 15967 JUNG SONG SR. ASSOCIATE VP - STRATEGIC 40.00 0.00 X 179865 0 35667 KARLA ZARATE-RAMIREZ ASSOCIATE VP - MAJOR GIFTS 40.00 0.00 X 165455 0 36385 ALLISON OHANIAN SR EXEC DIR OF EST/GIFT PLANNING 40.00 0.00 X 158511 0 23852 LYNNE WOODDELL DIRECTOR OF DEVELOPMENT 40.00 0.00 X 147117 0 50487 KRISTI BATES EXEC DIRECTOR OF DEVELOPMENT 40.00 0.00 X 135754 0 50602 JULIE INOUYE EXECUTIVE DIRECTOR OF DEVELOPMENT 40.00 0.00 X 134172 0 33052 BRENDA SMITH SENIOR EXEC DIRECTOR OF DONOR 40.00 0.00 X 134052 0 34984 KATHLEEN HOGARTY EXEC DIRECTOR OF DEVELOPMENT 40.00 0.00 X 125784 0 27165 2276396 0 516826 19 0 1 0 CAMBRIDGE ASSOCIATES LLC PO BOX 412015 BOSTON MA 02241 INVESTMENT SERVICES 795497 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 ACCOUNTING SERVICES 232869 PILINA FIRST PO BOX 5344 KANEOHE HI 96744 CONSULTING SERVICES 174865 KOBAYASHI SUGITA & GODA LLP 999 BISHOP STREET 2600 HONOLULU HI 96813 LEGAL SERVICES 150436 4 487036 791293 1611600 137839734 13384982 140729663 8311892 -881370 9193262 63870 63870 47199 37710 9489 9489 8956 533 150304335 1351924 120202663 2100571 30101672 -748647 29353025 29353025 710742 791293 381924 328818 328818 SERVICE CONTRACTS - UH 900099 3558224 3558224 BORROWER'S FEES 900099 275000 275000 SPECIAL EVENTS 900099 39027 39027 16201 16201 3888452 182685209 3888452 -872414 38939508 12592877 12592877 1879594 1879594 12600 12600 1965786 753959 1211827 6388182 14366 2152179 4221637 542393 168194 374199 839859 99 301618 538142 552051 111 185780 366160 68503 57097 11406 235908 235908 15000 15000 1615886 1615886 3068245 2728655 134101 205489 989890 771226 41752 176912 1986694 1765601 97356 123737 774125 161150 216769 396206 528344 98983 253543 175818 1038514 928891 76659 32964 1011423 887186 49458 74779 170251 941 133395 35915 357552 14560 248437 94555 UH AGREEMENTS 16532999 16532999 REPAIRS/CONST - EQUIP/F 5140287 4201726 907911 30650 BAD DEBTS 4517556 4469493 48063 DONOR DEVELOPMENT COSTS 813939 772611 19127 22201 663243 466719 58905 137619 64301701 48315388 7756097 8230216 8890927 52507049 0 0 45337875 77288600 0 0 0 0 0 0 264550 308133 0 0 259152 257143 32422793 2144047 10147166 30278746 170739261 226705855 441398555 400689048 0 0 0 0 42294646 40962174 719332132 828996748 8660082 8045938 0 0 0 0 0 79687260 0 0 0 0 0 0 0 0 29065809 31442176 37725891 119175374 X 12377779 2945202 669228462 706876172 681606241 709821374 719332132 828996748 118383508 -90920210 751835 0 X 0 1 X 1 0 X 55282041 53711306 63320456 70935977 140729663 383979443 387684 265816 78719 82376 97670 912265 55669725 53977122 63399175 71018353 140827333 384891708 70305786 314585922 5207604 5566478 6298215 6672268 6071799 29816364 30145 30145 954908 1070382 765956 162188 710742 3664176 418402393 21084069 0.75190 0.64880 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2017 AMOUNT: $ 954,908. 2018 AMOUNT: $ 1,070,382. 2019 AMOUNT: $ 765,956. 2020 AMOUNT: $ 162,188. 2021 AMOUNT: $ 710,742. PART-II LINE-10 OTHER INCOME CONSISTS OF FUNDRAISING EVENTS AND FEES, HONORARIA/SERVICES, ROYALTIES AND OTHER MISCELLANEOUS INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 1 15000 15000 0 SCHEDULE C PART II-B, LINE 1I COMPENSATION PAID TO LOBBYIST FOR LEGISLATIVE AND/OR ADMINISTRATIVE ACTION IN THE FOLLOWING AREAS: CONSUMER PROTECTION & COMMERCE, EDUCATION, GOVERNMENT OPERATION & FINANCE, HAWAIIAN AFFAIRS, HEALTH, AND SCIENCE, TECHNOLOGY & ECONOMIC DEVELOPMENT. 483639756 28054683 -47260861 14327976 450105602 341690144 19724165 135117678 12892231 483639756 326993437 33132523 -6053358 12382458 341690144 321039892 12539154 4945653 11531262 326993437 294688609 18917155 18379605 10945477 321039892 0.28961 0.71039 1 0 2006330 2006330 7619656 309153 7310503 69491 64996 4495 1776023 1705477 70546 20951293 64421 20886872 30278746 DOMESTIC EQUITY 38958630 F INTERNATIONAL EQUITY 87384412 F HEDGE FUNDS 175908524 F PRIVATE EQUITY SECURITIES 67157771 F NAT RESOURCES/REAL ESTATE 31279711 F 400689048 AMOUNTS HELD FOR OTHERS 4933144 BONDS PAYABLE 13188907 PAYROLL TAXES & BENEFITS 701698 OTHER LIABILITIES 848867 SPLIT-INTEREST AGREEMENTS 11769560 31442176 X 91992299 -90920210 849505 993681 -89077024 181069323 1615886 1615886 182685209 63777166 97670 993681 1091351 62685815 1615886 1615886 64301701 PART V, LINE 4: THE ENDOWMENT SUPPORTS UNIVERSITY OF HAWAII STUDENTS, PROGRAMS AND RESEARCH. FUNDS SUPPORT SCHOLARSHIPS AND STUDENT AWARDS, FELLOWSHIPS, FACULTY AND LECTURESHIPS. ENDOWMENTS ALSO FUND FACILITY IMPROVEMENTS, INNOVATIVE RESEARCH AND A WEALTH OF PROGRAMS THAT ENRICH OUR STUDENTS' EDUCATIONAL EXPERIENCE. THE ENDOWMENTS ALSO PROVIDE VALUE TO OUR BROADER COMMUNITY BY SUPPORTING THE ARTS, LIBRARIES, ATHLETICS, AND A RANGE OF LIFELONG LEARNING OPPORTUNITIES. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE OF HAWAII INCOME TAXES. HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE BASIC FINANCIAL STATEMENTS TAKEN AS A WHOLE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS AHO PAYOUT BALANCE -71,948. FUNDRAISING EXPENSES 381,924. RENTAL EXPENSES 37,710. GAIN/LOSS DISPOSITION FA 645,995. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 381,924. RENTAL EXPENSES 37,710. RECLASS AHO PAYOUT BALANCE -71,948. GAIN/LOSS DISPOSITION FA 645,995. 0 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 68012000 0 0 0 0 0 0 68012000 0 68012000 EUROPE (INCLUDING ICELAND AND GREENLAND) PAYMENT FOR STUDY ABROAD TRIP TO IRELAND 12600 WIRETRANSFER 0 1 1 0 1 1 1 0 PART III ACCOUNTING METHOD: PART-II LINE-1 CALCULATION OF GRANT TOTALS ARE BASED ON ACTUAL WIRE PAYMENTS MADE DURING THE FISCAL YEAR. FUNDRAISER 298713 218229 80484 36789 FUNDRAISER 215500 182503 32997 62766 28 931131 385341 545790 214956 1445344 786073 659271 314511 314511 344760 1 UNIVERSITY OF HAWAII 2500 CAMPUS RD HONOLULU HI 96822 996000354 12592877 0 UNIVERSITY SUPPORT, RESEARCH, SCHOLARSHIP 0 1 SCHOLARSHIPS AND GRANTS, INCLUDING STIPENDS AND 727 1879594 PART I, LINE 2: UHF HAS POLICIES IN PLACE FOR PROVIDING GRANT FUNDS TO STUDENTS IN THE FORM OF SCHOLARSHIPS, TRAVEL GRANTS AND AWARDS. GENERALLY, SCHOLARSHIP AND FELLOWSHIP PAYMENTS SPECIFICALLY INTENDED TO COVER ITEMS RELATED TO COST OF ATTENDANCE ARE PROCESSED THROUGH THE UH'S SYSTEM. UHF WILL PAY SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS DIRECTLY IN RELATION TO TRAVEL, MATERIALS AND/OR RESEARCH. ALL PAYMENT REQUESTS MUST COMPLY WITH UHF'S ACCOUNT ADMINISTRATION POLICY IN ORDER TO BE PROCESSED. X 1 1 X X 0 0 0 0 0 0 0 0 0 TIM DOLAN PRESIDENT/CEO 429747 0 90000 0 804 0 47450 0 23588 0 591589 0 42365 0 JOHN HAN VP FOR ADMINISTRATION/CFO 210276 0 19500 0 280 0 39643 0 16307 0 286006 0 26153 0 JUNG SONG SR. ASSOCIATE VP - STRATEGIC 179595 0 0 0 270 0 22378 0 13289 0 215532 0 19851 0 CHRISTINE KOO ASST TREASURER/ASSOCIATE VP 153245 0 0 0 180 0 36473 0 14454 0 204352 0 34570 0 KARLA ZARATE-RAMIREZ ASSOCIATE VP - MAJOR GIFTS 165455 0 0 0 0 0 22918 0 13467 0 201840 0 19060 0 LYNNE WOODDELL DIRECTOR OF DEVELOPMENT 146343 0 0 0 774 0 36499 0 13988 0 197604 0 26993 0 KRISTI BATES EXEC DIRECTOR OF DEVELOPMENT 135754 0 0 0 0 0 39593 0 11009 0 186356 0 30663 0 ALLISON OHANIAN SR EXEC DIR OF EST/GIFT PLANNING 158511 0 0 0 0 0 11543 0 12309 0 182363 0 0 0 BRENDA SMITH SENIOR EXEC DIRECTOR OF DONOR 133638 0 0 0 414 0 23064 0 11920 0 169036 0 12439 0 JULIE INOUYE EXECUTIVE DIRECTOR OF DEVELOPMENT 134172 0 0 0 0 0 19863 0 13189 0 167224 0 0 0 KATHLEEN HOGARTY EXEC DIRECTOR OF DEVELOPMENT 125456 0 0 0 328 0 17114 0 10051 0 152949 0 0 0 PART I, LINE 1A PRIVATE BUSINESS CLUB MEMBERSHIP IS PROVIDED TO THE PRESIDENT AND CERTAIN STAFF FOR BUSINESS USE. PART I, LINE 5 AN INCENTIVE PROGRAM IS IN PLACE FOR KEY INDIVIDUALS. IT IS BASED ON QUANTITIVE AND QUALITATIVE FACTORS. ONE OF SEVERAL QUANTITATIVE FACTORS IS FUNDS RAISED. PART I, LINE 6 AN INCENTIVE PROGRAM IS IN PLACE FOR KEY INDIVIDUALS. IT IS BASED ON QUANTITIVE AND QUALITATIVE FACTORS. ONE OF SEVERAL QUANTITATIVE FACTORS IS FUNDS RAISED AND NET OPERATING RESULTS. A PUBLIC FINANCE AUTHORITY 273866124 74439YEA5 2021-11-30 77705000 CONSTRUCTION OF NEW STUDENT HOUSING 0 0 0 A 80356745 3301950 284335 644120 936955 17897314 57292071 2023 0 0 0 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 3 SCHEDULE K, PART II, LINE 3 IS DIFFERENT FROM COLUMN (E) DUE TO PROCEEDS BEING HIGHER THAN ISSUE PRICE DUE TO BOND PREMIUM SCHEDULE K, PART II, LINE 5 SCHEDULE K, PART II, LINE 5 DOESN'T MATCH FORM 8038 SINCE AMOUNTS FOR CAPITALIZED INTEREST PAID WAS NOT KNOWN AT THE TIME FORM 8038 WAS FILED SCHEDULE K, PART II, LINE 7 SCHEDULE K, PART II, LINE 7 DOESN'T MATCH FORM 8038 SINCE ACTUAL COSTS OF ISSUANCE WAS LESS THAN ESTIMATED ON FORM 8038 SCHEDULE K, PART II, LINE 9 SCHEDULE K, PART II, LINE 9 DOESN'T MATCH FORM 8038 SINCE AMOUNTS FOR WORKING CAPITAL EXPENDITURES WAS NOT KNOWN AT THE TIME FORM 8038 WAS FILED SCHEDULE K, PART II, LINE 10 SCHEDULE K, PART II, LINE 10 DOESN'T MATCH FORM 8038 SINCE AMOUNTS FOR CAPITAL EXPENDITURES WAS NOT KNOWN AT THE TIME FORM 8038 WAS FILED X 12346 FMV X 5 219928 FMV X 133 5492775 FMV X 13 7102825 FMV X 3 516779 FMV X 1 16255 FMV X 2 365 FMV X 3 13710 FMV X 1 10000 FMV 4 0 1 1 PART I, LINE 32B: UHF USED KOKUA IN KIND, MERRILL LYNCH AND CHARLES SCHWAB TO PROCESS AND SELL NON-CASH CONTRIBUTIONS. FORM 990, PART III, LINE 1 THE UNIVERSITY OF HAWAI'I FOUNDATION (UHF) WAS ESTABLISHED IN 1955 TO ENCOURAGE PRIVATE SUPPORT FOR UH. TODAY IT IS THE CENTRAL FUNDRAISING ORGANIZATION FOR THE UH SYSTEM, PROVIDING PROFESSIONAL FUNDRAISING AND ALUMNI ENGAGEMENT SERVICES TO ALL 10 UH CAMPUSES. TO DATE, THE NONPROFIT UHF HAS RAISED MORE THAN $1 BILLION TO SUPPORT UH. THE FUNDS RAISED ARE CRITICAL FOR SUPPORTING THE EDUCATIONAL MISSION OF UH, ONE OF THE LARGEST DRIVERS OF HAWAI'I'S ECONOMY. THIS PRIVATE SUPPORT FUNDS SCHOLARSHIPS TO BUILD HAWAI'I'S FUTURE WORKFORCE, HELPS ATTRACT TOP FACULTY TALENT, AND FUELS WORLD-CLASS RESEARCH AND FACILITIES. UHF HAS A NUMBER OF SPECIALISTS ON STAFF TO PROVIDE COMPREHENSIVE FUNDRAISING AND ALUMNI ENGAGEMENT SERVICES. EXPERTISE AREAS INCLUDE MAJOR GIFTS, CORPORATE AND FOUNDATION GIVING, ANNUAL GIVING, DONOR STEWARDSHIP, CHARITABLE TAX AND ESTATE AND GIFT PLANNING. UHF ALSO MANAGES AN ENDOWMENT OF MORE THAN $462 MILLION THAT DISTRIBUTES MORE THAN $14 MILLION IN AID TO STUDENTS ACROSS 10 UH SYSTEM CAMPUSES EACH YEAR. GENEROUS GIFTS FROM DONORS AND A DISCIPLINED FOCUS ON INVESTMENT STRATEGIES AND OPPORTUNITIES HELP THE ENDOWMENT GROW OVER THE LONG TERM, PROVIDING SUPPORT FOR UNIVERSITY OF HAWAI'I PROGRAMS AND PRIORITIES INTO THE FUTURE. THE TEAM ALSO MANAGES INVESTMENTS RELATED TO PLANNED GIVING, INCLUDING CHARITABLE GIFT ANNUITIES AND CHARITABLE REMAINDER TRUSTS. THE FISCAL SERVICES UHF PROVIDES INCLUDE PROCESSING, ADMINISTERING AND MANAGING FUNDS FROM GIFTS FOR THE BENEFIT OF UH UNITS AND CAMPUSES. THE TEAM ALSO ESTABLISHES NEW ACCOUNTS AND MAINTAINS MORE THAN 7,000 SEPARATE DONOR ACCOUNTS FOR UH. THE ALUMNI ENGAGEMENT TEAM IS FOCUSED ON PROVIDING LIFELONG VALUE TO OUR 310,000 + ALUMNI, WHILE ALSO ADVANCING THE UNIVERSITY'S PRIORITIES INCLUDING GROWING STUDENT ENROLLMENT AND SUPPORTING STUDENT RETENTION. BY PARTNERING CLOSELY WITH UH CAMPUS LEADERSHIP, SCHOOLS AND DEPARTMENTS, AND LOCAL AND REGIONAL ALUMNI GROUPS, THE TEAM DEVELOPS MEANINGFUL PROGRAMS THAT SUPPORT THE UH ALUMNI COMMUNITY, BUILD PRIDE, NURTURE LIFE-LONG LEARNING AND STRENGTHEN AND SUSTAIN RELATIONSHIPS. FORM 990, PART VI, SECTION A, LINE 2 OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES HAVE FAMILY OR BUSINESS RELATIONSHIPS WITH ANOTHER DUE TO THE NATURE OF BUSINESS IN HAWAII. RELATIONSHIPS WERE IDENTIFIED AS PART OF AN ANNUAL QUESTIONNAIRE AND TRANSACTIONS OCCURRED IN THE ORDINARY COURSE OF BUSINESS ON TERMS OFFERED TO THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY KPMG LLP AND REVIEWED BY UHF'S CONTROLLER, CFO AND ASSOCIATE VP OF COMMUNICATIONS AND EXTERNAL RELATIONS BEFORE PRESENTATION OF A FINAL DRAFT TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. UPON APPROVAL, THE FINAL RETURN IS FILED AND SIGNED OFF ELECTRONICALLY BY THE CFO. THE FORM 990 IS AVAILABLE ON GUIDESTAR AND ON UHF'S WEBSITE, AS WELL AS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C UHF HAS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES AND A SEPARATE FORM FOR TRUSTEES. IN ACCORDANCE WITH BOTH POLICIES, ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO COMPLETE AND CERTIFY AN "ANNUAL CONFLICT OF INTEREST FORM" AT THE BEGINNING OF THE FISCAL YEAR. THE INFORMATION COMPILED BY THE CFO AND CONTROLLER. ANY POTENTIAL CONFLICTS WITH REGARD TO TRUSTEES ARE BROUGHT TO THE ATTENTION OF THE VP OF ADMINISTRATION/CFO AND PRESIDENT, AND BROUGHT TO THE BOARD OF TRUSTEE'S AUDIT COMMITTEE TO APPROVE OR DISAPPROVE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, UHF BENCHMARKS THE SALARIES OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER, VP OF ADMINISTRATION/CFO AT OTHER INSTITUTIONALLY RELATED FOUNDATIONS NATIONWIDE, AS WELL AS NONPROFITS WITHIN THE STATE OF HAWAII. THIS IS DONE THROUGH RESEARCH OF 990S AND THROUGH SALARY SURVEYS OF VARIOUS PROFESSIONAL ORGANIZATIONS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES USES THIS DATA IN CONJUNCTION WITH AN ASSESSMENT OF INDIVIDUAL JOB PERFORMANCE TO DETERMINE THE APPROPRIATE COMPENSATION ADJUSTMENTS FOR THE PRESIDENT/CEO AND VICE PRESIDENTS OF THE ORGANIZATION. THE DOCUMENTATION OF THESE DECISIONS IS PROVIDED TO AND FILED WITH THE HUMAN RESOURCES DEPARTMENT. LAST COMPENSATION STUDY/REVIEW WAS SEPTEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 UHF HAS A PUBLIC INFORMATION POLICY. THIS POLICY SETS OUT THE PRACTICES OF UHF REGARDING DISCLOSURE OF INFORMATION AND DESCRIBES THE EXTENT AND NATURE OF THOSE MATERIALS WHICH WILL BE MADE AVAILABLE TO THE PUBLIC. UHF PROVIDES ACCESS TO THE FOLLOWING DOCUMENTS ON ITS WEBSITE. FORM 990 TAX RETURN FOR THE PREVIOUS THREE YEARS, IRS TAX DETERMINATION LETTER, ARTICLES OF INCORPORATION, ANNUAL REPORT. THE FORM 990 TAX RETURN MAY ALSO BE VIEWED ON GUIDESTAR. ALSO AVAILABLE ON THE WEBSITE IS A LISTING OF UHF'S BOARD OF TRUSTEES AND UHF STAFF. THE CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS OUTLINED IN THE PUBLIC INFORMATION POLICY THAT ARE NOT ON THE WEBSITE ARE AVAILABLE UPON REQUEST. UHF ATHERTON STUDENT HOUSING LLC 1314 SOUTH KING STREET SUITE B HONOLULU HI 96814 REAL ESTATE HI 65789 9207552 UHFOUNDATION UHF RISE STUDENT HOUSING LLC 1314 SOUTH KING STREET SUITE B HONOLULU HI 96814 REAL ESTATE HI 247696 95661597 UHFOUNDATION CHARITABLE REMAINDER TRUST (45) TRUST HI UHF 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0