2020-11-05T20:10:44-06:00 2019-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2019-01-01 237441972 HISTORIC HAWAI'I FOUNDATION HIST 8085232900 PO BOX 1658 HONOLULU HI 968061658 KIERSTEN FAULKNER EXECUTIVE DIRECTOR 8085232900 2020-11-05 1 MELANIE A KING P00220997 8085311040 67.53.223.34 2020-11-05 16:10:36 HS P 90D17378D355309A87D655311BCD3658B9A7649F 90D17378D355309A87D655311BCD3658B9A7649F 2019 2021-01-29 14:40:06Z KIERSTEN FAULKNER PO BOX 1658 HONOLULU HI 968061658 1788443 0 X WWW.HISTORICHAWAII.ORG X 1974 HI TO ENCOURAGE THE PRESERVATION OF HISTORIC BUILDINGS AND SITES IN HAWAI'I. 27 27 4 121 0 0 936726 1074932 82088 103890 27995 29965 -92471 -80029 954338 1128758 190000 240000 0 0 311243 348902 0 0 40374 239187 248451 740430 837353 213908 291405 1325774 1701018 43746 41193 1282028 1659825 X TO PRESERVE AND ENCOURAGE THE PRESERVATION OF HISTORIC BUILDINGS, OBJECTS, AND SITES RELATING TO THE HISTORY OF HAWAII; TO PROMOTE AN AWARENESS OF AND RESPECT FOR ALL THAT IS HISTORICALLY SIGNIFICANT AND ARCHITECTURALLY DISTINCTIVE IN OUR STATE; AND THROUGH THESE EFFORTS, TO KEEP ALIVE AND INTACT FOR THE ENRICHMENT OF PRESENT AND FUTURE GENERATIONS THE INHERENT BEAUTY OF THE HAWAIIAN ISLANDS AND THE UNIQUE HISTORIC ROLE OF THE ISLANDS IN THE DEVELOPMENT OF THE PACIFIC BASIN. 1 0 442086 240000 70334 PRESERVATION PROJECTS AND TECHNICAL ASSISTANCE: FIELD SERVICES FOR ON-SITE PRESERVATION ASSISTANCE, INCLUDING INFORMATION ABOUT STANDARDS AND GUIDELINES, BEST PRACTICES, AND PROFESSIONAL AND FUNDING RESOURCES; REVIEW OF DEVELOPMENT PROPOSALS TO RECOMMEND MEASURES TO AVOID, MINIMIZE AND MITIGATE ADVERSE EFFECTS TO HISTORIC PROPERTIES; INTEGRATING PRESERVATION INTO SIGNIFICANT URBAN PLANNING AND RURAL DEVELOPMENT LONG-RANGE PLANS. PROGRAM SERVICES INCLUDED GRANT ADMINISTRATION FOR SEVEN PRESERVATION GRANTS TO OTHERS, RESPONDING TO 563 INQUIRIES AT 225 HISTORIC SITES STATEWIDE, ANNUAL MONITORING OF THREE PRESERVATION EASEMENTS, AND SERVING ON ADVISORY GROUPS. THESE PROGRAM SERVICES INCLUDE THE ADDITION OF A NEW PROGRAM IN 2019 TO SUPPORT THE PRESERVATION AND BEAUTIFICATION EFFORTS IN DOWNTOWN HILO, HAWAII ISLAND, HISTORIC DISTRICT. 182839 34443 PUBLIC EDUCATION: DEVELOP A COMMUNITY ETHIC OF PRESERVATION THROUGH TOURS, LECTURES, SEMINARS AND WORKSHOPS, PUBLICATIONS, AND HISTORIC SITE RESEARCH. PROGRAM SERVICES INCLUDED PRESENTING A SYMPOSIUM ON THE 50TH ANNIVERSARY OF THE STATE CAPITOL; NINE TOURS OR EVENTS OF HISTORIC SITES; 10 PRESENTATIONS TO INDUSTRY GROUPS; THREE SEMINARS ON PRESERVATION & CONSERVATION PROCESSES AND BEST PRACTICES; SEVEN SEMINARS ON PRESERVATION IN PRACTICE; SIX EXPERT LECTURES; RESEARCH AND ONLINE PUBLICATION OF DESIGNATED HISTORIC SITES, PRESERVATION AWARDS TO RECOGNIZE ACHIEVEMENTS, AND PUBLICATIONS ON HISTORIC ARCHITECTURE AND DESIGN. 96231 PUBLIC OUTREACH AND ADVOCACY: PROMOTE PRESERVATION OF HAWAII'S HERITAGE THROUGH POLICY DEVELOPMENT AND ADVOCACY FOR FEDERAL, STATE AND LOCAL LAWS AND REGULATIONS, ECONOMIC INCENTIVE PROGRAMS, PUBLIC PLANS, COMMISSIONS AND ADVISORY GROUPS; LEADING AND FACILITATING PUBLIC AWARENESS EFFORTS; AND BUILDING COALITIONS OF HISTORIC PRESERVATION ALLIANCES. PROGRAM SERVICES INCLUDE MONITORING AND RESPONDING TO PROPOSED LEGISLATION RELATED TO PRESERVATION, PLANNING, ENVIRONMENT AND RELATED TOPICS AND SUBMITTING TESTIMONY OR COMMENTS ON EFFECTS TO HISTORIC PROPERTIES FROM PROPOSED ACTIONS. 721156 1 1 0 1 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 15 0 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 HI X X KIERSTEN FAULKNER 8085232900 680 IWILEI ROAD SUITE 690 HONOLULU HI 96817 J SCOTT MEIDELL TRUSTEE & PRESIDENT 1.00 X X 0 0 0 RICKY CHING TRUSTEE & FIRST VICE PRESIDENT 1.00 X X 0 0 0 THOMAS WITTEN TRUSTEE & SECOND VICE PRESIDENT 1.00 X X 0 0 0 JOANNA OSHIRO TRUSTEE & TREASURER 1.00 X X 0 0 0 JOY DAVIDSON TRUSTEE & SECRETARY 1.00 X X 0 0 0 CHRISTINE RUOTOLA TRUSTEE & AT LARGE OFFICER 1.00 X X 0 0 0 VERNON WONG TRUSTEE & AT LARGE OFFICER 1.00 X X 0 0 0 JENNIFER ZELKO-SCHLUETER TRUSTEE & AT LARGE OFFICER 1.00 X X 0 0 0 MAENETTE BENHAM TRUSTEE 1.00 X 0 0 0 GREGORY CHUN TRUSTEE 1.00 X 0 0 0 WILL CROWLEY TRUSTEE 1.00 X 0 0 0 DONNE DAWSON TRUSTEE 1.00 X 0 0 0 ROSEMARY FAZIO TRUSTEE 1.00 X 0 0 0 PATRICIA GRIFFIN TRUSTEE 1.00 X 0 0 0 HALLETT HAMMATT TRUSTEE 1.00 X 0 0 0 LEN ISOTOFF TRUSTEE 1.00 X 0 0 0 DONNA KALAMA TRUSTEE 1.00 X 0 0 0 KEKOA KALUHIWA TRUSTEE 1.00 X 0 0 0 LEHUA KAUHANE TRUSTEE 1.00 X 0 0 0 RICK KIEFER TRUSTEE 1.00 X 0 0 0 TOMO KURIYAMA TRUSTEE 1.00 X 0 0 0 NATALIA LAGMAY TRUSTEE & PAST PRESIDENT 1.00 X X 0 0 0 WENDIE MCALLASTER TRUSTEE 1.00 X 0 0 0 ROY MURAI TRUSTEE 1.00 X 0 0 0 JAMES NIESS TRUSTEE 1.00 X 0 0 0 WENDY PETERSON TRUSTEE 1.00 X 0 0 0 GREGORY PIETSCH TRUSTEE 1.00 X 0 0 0 KEVIN COCKETT FORMER TRUSTEE 1.00 X 0 0 0 LINDA LEE FARM FORMER TRUSTEE & 2ND VICE PRESIDENT 1.00 X X 0 0 0 WAYNE GOO FORMER TRUSTEE 1.00 X 0 0 0 JASON Y ITO FORMER TRUSTEE 1.00 X 0 0 0 RODNEY ITO FORMER TRUSTEE 1.00 X 0 0 0 RICK PIPER FORMER TRUSTEE 1.00 X 0 0 0 BENJAMIN SALAZAR FORMER TRUSTEE 1.00 X 0 0 0 KIERSTEN FAULKNER EXECUTIVE DIRECTOR 40.00 X 109000 0 10944 109000 0 10944 1 0 0 0 0 92776 273458 708698 20578 1074932 TECHNICAL ASSISTANCE 611710 70334 70334 PUBLIC EDUCATION 611710 33556 33556 103890 24741 24741 528750 523526 5224 5224 5224 55243 273458 136159 -80916 -80916 887 0 887 887 1128758 104777 0 -50951 240000 240000 119944 98354 13194 8396 198137 162472 21795 13870 4942 4052 544 346 25879 21221 2846 1812 2257 2257 23276 23276 2555 2555 62933 54190 2671 6072 33327 24162 3042 6123 29398 24168 3196 2034 14027 13182 516 329 2757 2261 303 193 7980 6544 877 559 PRESERVATION COSTS 66032 65029 613 390 OTHER EXPENSES 3909 3264 395 250 837353 721156 75823 40374 61429 0 30638 79626 89626 1386 3759 4539 66508 56611 6677 9897 1133570 1605495 75 75 1325774 1701018 43746 41193 43746 41193 X 539643 624178 742385 1035647 1282028 1659825 1325774 1701018 291405 86392 0 X 0 1 X 1 0 X 440471 686144 836548 836726 1074932 3874821 50981 56797 57947 82352 104777 352854 287851 37288 82445 70275 55243 533102 779303 780229 976940 989353 1234952 4760777 55100 63180 51770 37670 62166 269886 0 55100 63180 51770 37670 62166 269886 4490891 17752 13074 11034 18414 24741 85015 17752 13074 11034 18414 24741 85015 797055 793303 987974 1007767 1259693 4845792 0.92680 0.93290 0.01750 0.01700 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 11/06/17 AMOUNT: 100000. DESCRIPTION: BEQUEST DATE: 12/01/18 AMOUNT: 100000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1510 1510 719646 721156 133173 33293 0 0 117522 119233 119672 133173 489600 734400 430 800 750 1510 3490 29381 29808 29918 33293 122400 183600 X 3 3 1 0 25.00 339789 42569 41863 340495 286214 60000 2034 8459 339789 282533 28231 24550 286214 281284 10611 9362 282533 282922 335 1973 281284 0.29370 0.70630 0.00000 0 0 62225 52328 9897 4283 4283 0 9897 X 964625 86392 45292 131684 832941 2555 293262 295817 1128758 880090 45292 45292 834798 2555 2555 837353 PART II, LINE 9: PRESERVATION EASEMENTS ARE LEGALLY BINDING DOCUMENTS, WHICH REQUIRE THAT HISTORIC PROPERTIES BE PRESERVED AND MAINTAINED. IN AUGUST 2011, A PRESERVATION AND CONSERVATION EASEMENT FOR THE FRED C. BALDWIN MEMORIAL HOME (HOME) IN MAKAWAO, MAUI, HAWAII, WAS DONATED TO THE FOUNDATION. THE PURPOSE OF THE EASEMENT WAS TO ASSURE THAT THE ARCHITECTURAL, HISTORIC, CULTURAL, AND AESTHETIC FEATURES OF THE BUILDING'S EXTERIOR WILL BE RETAINED AND MAINTAINED FOREVER SUBSTANTIALLY IN THEIR APPEARANCE AND CONDITION AS THEY EXIST ON THE EFFECTIVE DATE OF THE EASEMENT FOR CONSERVATION AND PRESERVATION PURPOSES, AND TO PREVENT ANY USE OR CHANGE OF THE EASEMENT AREA THAT WILL SIGNIFICANTLY IMPACT OR INTERFERE WITH THE VISUAL BUFFER THAT THE EASEMENT AREA CREATES AROUND THE HOME. THE FOUNDATION, AS HOLDER OF THIS EASEMENT, IS CHARGED WITH MAKING SURE THE HOME'S EXTERIOR IS PRESERVED IN SUBSTANTIALLY THE SAME OR BETTER CONDITION AS EXISTED ON THE EFFECTIVE DATE OF THE EASEMENT; HOWEVER, THE OWNER OF THE HOME WILL DECIDE HOW IT IS TO BE USED AND WILL BE RESPONSIBLE FOR FINANCING ITS PRESERVATION. THE EASEMENT PROVIDES THE FOUNDATION WITH A VESTED REAL PROPERTY INTEREST IN THE PROPERTY THAT WAS NOT RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE A MAJOR UNCERTAINTY EXISTS ABOUT THE EXISTENCE OF VALUE, AND THE EASEMENT HAS NO ALTERNATIVE USE. PREVIOUSLY, A PARCEL OF PROPERTY WAS DONATED TO THE UNIVERSITY OF HAWAII BY THE ESTATE OF JEAN CHARLOT WITH A STIPULATION THAT THE FOUNDATION BE GIVEN A PRESERVATION AND CONSERVATION EASEMENT TO ASSIST IN PRESERVING AND MAINTAINING THE PROPERTY AND ITS ARCHITECTURAL, HISTORIC, AND CULTURAL FEATURES FOR THE BENEFIT OF THE PEOPLE OF HONOLULU. THE RESPONSIBILITY OF THE FOUNDATION, AS HOLDER OF THIS EASEMENT, IS TO REVIEW ANY PROPOSED CHANGES TO THE BUILDING ON THE PARCEL TO ASSURE THE CHANGES DO NOT AFFECT THE HISTORICAL INTEGRITY OF THE BUILDING. THE FOUNDATION IS ALSO CHARGED WITH MAKING SURE THE BUILDING RECEIVES APPROPRIATE MAINTENANCE AND REPAIR; HOWEVER, THE UNIVERSITY, AS OWNER OF THE HOUSE, WILL DECIDE HOW IT IS TO BE USED AND WILL BE RESPONSIBLE FOR FINANCING ITS PRESERVATION. THE EASEMENT PROVIDES THE FOUNDATION WITH A VESTED REAL PROPERTY INTEREST IN THE PROPERTY THAT WAS NOT RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE A MAJOR UNCERTAINTY EXISTS ABOUT THE EXISTENCE OF VALUE, AND THE EASEMENT HAS NO ALTERNATIVE USE. DURING THE YEAR ENDED DECEMBER 31, 2018, A PRESERVATION EASEMENT WAS DONATED TO THE FOUNDATION BY DEARBORN 535 LLC. THE RESPONSIBILITY OF THE FOUNDATION, AS HOLDER OF THIS EASEMENT, IS TO ENSURE THAT ALL WORK IS CONSISTENT WITH THE SECRETARY OF INTERIOR'S STANDARDS FOR THE REHABILITATION OF HISTORIC PROPERTIES AND THE HISTORIC BUILDING, SITE, AND FEATURES, ARE PRESERVED IN PERPETUITY. THE OWNER OF THE BUILDING WILL RETAIN RIGHTS, INCLUDING ACCESS, USE, AND ENJOYMENT OF THE BUILDING AND IS RESPONSIBLE FOR MAINTENANCE, COMPLIANCE WITH CODES, AND OTHER LIABILITIES. THE EASEMENT PROVIDES THE FOUNDATION WITH A VESTED REAL PROPERTY INTEREST IN THE PROPERTY THAT WAS NOT RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE A MAJOR UNCERTAINTY EXISTS ABOUT THE EXISTENCE OF VALUE AS THE EASEMENT HAS NO ALTERNATIVE USE. PART V, LINE 4: HISTORIC HAWAII FOUNDATION (HHF) HOLDS TWO ENDOWMENTS, TOTALING $240,495. THE BRETZLAFF FOUNDATION ENDOWMENT ($225,000) WAS ESTABLISHED IN 1998 TO PROVIDE SUPPORT FOR THE OPERATIONS AND ACTIVITIES OF THE FOUNDATION. THE HHF ENDOWMENT ($15,495) WAS ESTABLISHED TO PROVIDE A CONTINUOUS SOURCE OF FUNDING FOR THE FOUNDATION'S OPERATIONS OVER THE LONG TERM. DURING THE YEAR OF DECEMBER 31, 2011, THE BOARD OF TRUSTEES OF THE FOUNDATION DESIGNATED $40,000 OF UNRESTRICTED NET ASSETS AS AN EASEMENT STEWARDSHIP ENDOWMENT FUND TO SUPPORT ANNUAL EASEMENT STEWARDSHIP OBLIGATIONS. DURING THE YEAR OF DECEMBER 31, 2018, THE BOARD OF TRUSTEES DESIGNATED AN ADDITIONAL $60,000 OF UNRESTRICTED NET ASSETS TO THE EASEMENT STEWARDSHIP ENDOWMENT FUND. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE FOUNDATION AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018 BY REVIEWING ITS INCOME TAX RETURNS AND CONFERRING WITH ITS TAX ADVISORS, AND DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN NET ASSETS WITH DONOR RESTRICTIONS 293,262. KAMA'AINA OF THE YEAR 328701 273458 55243 20578 60235 29842 25504 328701 273458 55243 20578 60235 29842 25504 136159 -80916 1 CENTRAL CHRISTIAN CHURCH 109 HAILI ST HILO HI 96720 990173011 501(C)(3) 22500 REPAIR AND REHABILITATION OF HISTORIC CHURCH; TERMITE TREATMENT, REPAIR STAINED GLASS WINDOWS, REPLACE JALOUSIE WINDOWS, REPLACE DOORS, GUTTERS, SIDEWALK, FENCE. HALE PUNA 9567 HUAKAI RD WAIMEA HI 96796 811573798 501(C)(3) 25000 RESEARCH AND STABILIZATION OF HISTORIC GULICK ROWELL MISSION HOUSE; CONDUCT HISTORIC STRUCTURES REPORT, TERMITE TREATMENT, FOUNDATION AND SIDING REPAIR. HAMAKUA JODO MISSION 44-2947 KALOPA RD HONOKAA HI 96727 996007098 501(C)(3) 37500 REPAIR AND REPLACE ROOF AT HISTORIC HAMAKUA JODO MISSION. HANA BUDDHIST TEMPLE PRESERVATION ASSOCIATION 1819 HANA HWY HANA HI 96713 474568285 501(C)(3) 100000 REPAIR AND REHABILITATION OF HISTORIC HANA GUKUEN HONGWANJI; REPAIR FOUNDATION, PORTICO, ROOF, SIDING. MANTOKUJI MISSION OF PAIA MAUI 253 HANA HWY PAIA HI 96779 990268155 501(C)(3) 12500 REPAIR BELL TOWER AT HISTORIC PAIA MANTOKUJI SOTO MISSION. WAIOLI HUIIA CHURCH 5-5393 KUHIO HWY HANALEI HI 96714 990098729 501(C)(3) 37500 REPAIR AND REHABILITATION OF HISTORIC WAI'OLI MISSION HALL; REPAIR WOOD FLOORS, FOUNDATION, ELECTRICAL, WALLS, TRIM AND DOORS. 6 0 PART I, LINE 2: HHF DEVELOPED A GRANT REQUEST SUBMITTAL FORM AND CHECKLIST FOR REQUIRED INFORMATION, INCLUDING DESCRIPTION OF ORGANIZATIONAL PROFILE AND CAPACITY, SCOPE OF WORK, QUALIFICATIONS OF PROGRAM PERSONNEL, AND GRANT BUDGET. A PORTION OF THE GRANT FUNDS ARE PROVIDED AT PROJECT INITIATION AND THE FINAL PORTION IS RELEASED ON PROJECT COMPLETION. A FINAL REPORT IS REQUIRED ABOUT THE PROJECT OUTCOMES AND FINANCIAL REPORT. HHF TYPICALLY CONDUCTS A SITE VISIT AT THE ON-SET AND CONCLUSION OF THE PROJECT TO CONFIRM THE SCOPE OF WORK. FORM 990, PART III, LINE 2 ADDED A NEW SUBGRANT PROGRAM TO SUPPORT PRESERVATION AND BEAUTIFICATION EFFORTS IN DOWNTOWN HILO, HAWAII ISLAND, HISTORIC DISTRICT. FORM 990, PART V, LINE 2A: THE ORGANIZATION HAS A CO-EMPLOYMENT ARRANGEMENT WITH ALTRES, WHO IS THE OUTSOURCED HR/PAYROLL PROVIDER AND THE EMPLOYER OF RECORD. THE ORGANIZATION IS THE WORKSITE EMPLOYER. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY AND THE PRESIDENT OF THE BOARD OF TRUSTEES. MEMBERS HAVE THE RIGHT TO AMEND THE BY-LAWS. MEMBERS DO NOT HAVE THE RIGHT TO RECEIVE A SHARE OF THE ORGANIZATION'S ASSETS UPON THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A HISTORIC HAWAII HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS TAKE ACTION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B HISTORIC HAWAII FOUNDATION SHALL ANNUALLY PREPARE REQUIRED FILINGS WITH THE INTERNAL REVENUE SERVICE (FORM 990). THE EXECUTIVE DIRECTOR SHALL FORWARD THE PRE-FINAL FORM 990 TO THE FINANCE COMMITTEE FOR REVIEW AND COMMENT. THE EXECUTIVE DIRECTOR SHALL COMPLETE REVISIONS AS DIRECTED BY THE FINANCE COMMITTEE AND SHALL FORWARD THE FINAL FORM 990 TO THE BOARD OF TRUSTEES FOR REVIEW AND ACCEPTANCE PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. IF IN THE COURSE OF THE ORGANIZATION'S ACTIVITIES, A CONFLICT OF INTEREST ARISES, THE BOARD MEMBER DISCLOSES THE CONFLICT, REFRAINS FROM THE DELIBERATIONS AND ABSTAINS FROM VOTING. IF THERE IS UNCERTAINTY ABOUT WHETHER AN ACTUAL CONFLICT EXISTS, THE BOARD MEMBER DISCLOSES THE CIRCUMSTANCES AND THE REMAINDER OF THE BOARD MAKES A DETERMINATION ABOUT WHETHER THE SITUATION PRESENTS AN ACTUAL OR MATERIAL CONFLICT. DISCLOSURES, CONFLICTS AND THE BOARD MEMBERS' ABSTENTION FROM THE ACTION ARE REPORTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A IN ACCORDANCE WITH THE POLICIES OF THE BOARD OF HISTORIC HAWAII FOUNDATION, AN EVALUATION OF CY2019 PERFORMANCE FOR EXECUTIVE DIRECTOR KIERSTEN FAULKNER WAS CONDUCTED FOLLOWING THIS PROCEDURE: THE EVALUATION PROCESS WAS FACILITATED BY THE BOARD EXECUTIVE COMMITTEE, WITH THE OPPORTUNITY FOR PARTICIPATION BY THE ENTIRE BOARD. IN MARCH, A REVIEW OF THE CURRENT JOB DESCRIPTION FOR THE EXECUTIVE DIRECTOR WAS CONDUCTED, AND AN EVALUATION CHECKLIST WAS FINALIZED AND CIRCULATED TO ALL BOARD MEMBERS AND THE EXECUTIVE DIRECTOR. THE EVALUATION CHECKLIST WAS BASED UPON THE JOB DESCRIPTION AND THE ORGANIZATIONAL OBJECTIVES HISTORIC HAWAII FOUNDATION AND ITS STRATEGIC PLAN. THE EVALUATION CHECKLISTS WERE COMPLETED BY BOARD MEMBERS AND A COMPILATION OF THE RESULTS (IN THE FORM OF A COMPOSITE CHECKLIST) WAS PREPARED AND PRESENTED TO THE BOARD IN EXECUTIVE SESSION. THE EXECUTIVE DIRECTOR ALSO PREPARED A SEPARATE SELF EVALUATION, INCLUDING PROPOSED PERFORMANCE OBJECTIVES FOR CY2019. AT ITS MEETING IN EXECUTIVE SESSION THE BOARD REVIEWED THE COMPILATION OF THE EVALUATION CHECKLIST RESULTS AND DISCUSSED AND REACHED CONSENSUS ON EACH ITEM IN THE CHECKLIST AS REFLECTED IN THE COMPILATION. THE BOARD ALSO DISCUSSED THE COMPENSATION OF THE EXECUTIVE DIRECTOR, TAKING INTO ACCOUNT THE CURRENT FINANCIAL CIRCUMSTANCES OF HISTORIC HAWAII FOUNDATION, THE PERFORMANCE OF THE EXECUTIVE DIRECTOR, THE ECONOMY IN HAWAII, THE UNDERSTANDING OF THE BOARD ON COMPENSATION OF EXECUTIVE DIRECTORS/CEOS OF COMPARABLE ORGANIZATIONS IN HAWAII AND THE REGION, AND ANY OTHER CIRCUMSTANCES. THIS PROCESS IS DOCUMENTED IN THE BOARD PRESIDENT'S CONFIDENTIAL FILE. FORM 990, PART VI, SECTION C, LINE 19 HISTORIC HAWAII FOUNDATION MAINTAINS COPIES OF ALL ORGANIZATIONAL DOCUMENTS, INCLUDING THE ARTICLES OF INCORPORATION, BY-LAWS AND DETERMINATION OF 501(C)(3) TAX EXEMPT STATUS IN PERPETUITY. HISTORIC HAWAII FOUNDATION MAINTAINS COPIES OF ITS ANNUAL FILING WITH THE INTERNAL REVIEW SERVICE (FORM 990), ANNUAL AUDIT OF FINANCIAL STATEMENTS, AND ANNUAL REPORTS FOR A PERIOD OF SIX YEARS. SUCH DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINES 7 AND 10: PAYROLL TAXES ARE INCLUDED ON LINE 7 (OTHER SALARIES AND WAGES) INSTEAD OF LINE 10 (PAYROLL TAXES).