2019-05-10T14:46:18-07:00 2018-06-30 990 2017-07-01 990085260 UNIVERSITY OF HAWAII FOUNDATION UNIV 8083767800 1314 South King Street Suite B Honolulu HI 96814 Jason Ono Chief Administrative Officer 8083767805 2019-05-15 72.235.6.46 2017 2019-02-21 02:37:17Z X Jason Ono 1314 South King Street Suite B Honolulu HI 96814 145021731 0 X www.uhfoundation.org X 1955 HI MISSION: To unite donors' passions with the University of Hawai'i's (UH) aspirations by raising philanthropic support and managing private investments to benefit UH, the people of Hawai'i and our future generations. SIGNIFICANT ACTIVITIES: 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 students, faculty, 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. 30 30 139 30 30145 -275462 95727163 55282041 0 0 14118785 7445306 4631220 4638594 114477168 67365941 14245440 13855666 0 0 10532260 10811896 0 63456 8736946 38709624 36218760 63487324 60949778 50989844 6416163 565381757 595960196 32624090 35460692 532757667 560499504 MISSION: To unite donors' passions with the University of Hawai'i's (UH) aspirations by raising philanthropic support and managing private investments to benefit UH, the people of Hawai'i and our future generations. 0 0 12463341 0 0 Research - scientific, technical, humanistic investigation, individual and/or project research as well as grants for institutes and research centers. The University of Hawai'i Foundation (UHF) helps fuel 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. Its 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. 8841149 0 0 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. This year more than 5,600 awards/fellowships/grants/scholarships supported students statewide. 8475662 0 0 Donor designated accounts support a range of academic and non academic initiatives and 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 expertly curated resources nurture healthy learning and productive collaboration. From business education to advanced culinary training, donors are helping open up world class opportunities and facilities to Hawaii students. Private 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 and cultural issues. 16610603 0 0 Donations made through UHF nurture programs that improve our lives and help create a healthy, sustainable future for Hawai'i's residents. From athletics, farming, lifelong learning opportunities, theatre and the arts - UH offers a wide range of programs that enrich the cultural landscape of Hawai'i and grow UH as a community hub for innovative and publicly accessible programs that benefit us all. 16610603 0 0 46390755 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 403 0 1 139 1 1 1 0 0 0 0 1 1 0 0 0 1 1 0 X 30 30 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 Jason Ono 8083767805 1314 South King Street Suite B Honolulu HI 96814 Catherine Ngo Chairman 0.5 0 X X 0 0 0 Stanford Carr Vice Chair 0.5 0 X X 0 0 0 Richard Wacker Vice Chair 0.5 0 X X 0 0 0 Ted Pettit Treasurer 0.5 0 X X 0 0 0 Marivic Dar Secretary 0.5 0 X X 0 0 0 Alan Arakawa Trustee 0.5 0 X 0 0 0 Christine Chee-Ruiter Trustee 0.5 0 X 0 0 0 Herbert Conley Trustee 0.5 0 X 0 0 0 Brandt Farias Trustee 0.5 0 X 0 0 0 William Grayson Trustee 0.5 0 X 0 0 0 Robert Hiam Trustee 0.5 0 X 0 0 0 Michael Hirai Trustee 0.5 0 X 0 0 0 Elizabeth Hokada Trustee 0.5 0 X 0 0 0 Louise Ing Trustee 0.5 0 X 0 0 0 Kathleen Kagawa Trustee 0.5 0 X 0 0 0 James Lally Trustee 0.5 0 X 0 0 0 Rosita Leong Trustee 0.5 0 X 0 0 0 Eric Martinson Trustee 0.5 0 X 0 0 0 Michael May Trustee 0.5 0 X 0 0 0 Ritchie Mudd Trustee 0.5 0 X 0 0 0 Susan Murray Trustee 0.5 0 X 0 0 0 Jackson Nakasone Trustee 0.5 0 X 0 0 0 James Pappas Trustee 0.5 0 X 0 0 0 William Richardson Trustee 0.5 0 X 0 0 0 Mary Sellers Trustee 0.5 0 X 0 0 0 Sean Sugai Trustee 0.5 0 X 0 0 0 Lawrence Taff Trustee 0.5 0 X 0 0 0 Michael Tresler Trustee 0.5 0 X 0 0 0 C Scott Wo Trustee 0.5 0 X 0 0 0 Kent Youel Trustee 0.5 0 X 0 0 0 Donna Vuchinich President 40 0 X X 437847 0 72807 Rebecca Smith VP for Dev, Health Science and Regional VP 40 0 X X 278443 0 71465 Paul Kobayashi Assistant Treasurer/VP for Admin/CFO 40 0 X X 219005 0 33281 Janet Bullard Vice President for Marketing and Communication 40 0 X X 198311 0 60660 John Han Assistant Treasurer/Director of Data & Technology 40 0 X 143633 0 33514 Sarah Nakagawa Assistant Treasurer/Controller 40 0 X 99512 0 23483 Shari Walsh Executive Assistant to the President/Assistant Secretary 40 0 X 56805 0 15185 Charlene Mitsuda Executive Assistant to the VP-Admin & CFO/Asst Secretary 40 0 X 49759 0 13320 Lori Admiral Associate VP for Development, UH Manoa 40 0 X 146018 0 53368 Jung Song Director, Corporate and Foundation Relations 40 0 X 141330 0 23163 Julie Levine Executive Director of Development - Law School 40 0 X 139415 0 22506 Elaine Evans Director of Development, John A Burns School of Medicine 40 0 X 131559 0 44874 Michael Coppes Senior Executive Director of Estate and Gift Planning 40 0 X 122882 0 44656 Tom Tseng VP for Development/VP 40 0 X 0 0 0 Jainey Bavishi Executive Director APDR3 40 0 X 0 0 0 Joy Watanabe Director of Compliance & Administration/Assistant Secretary 40 0 X 0 0 0 Joni Kohama Executive Assistant to the President/Assistant Secretary 40 0 X 0 0 0 Tracy Ide Assistant Treasurer/Controller 40 0 X 0 0 0 2164519 0 512282 10 1 1 0 Cambridge Associates LLC 100 Summer Street Boston MA 02110 investment services 586969 KPMG LLP 1003 Bishop Street Unit 2100 Honolulu HI 96813 accounting services 153141 2 0 279328 1070997 0 0 53931716 1920565 55282041 0 0 0 0 0 5329936 5308818 21118 0 0 0 0 0 59324 59324 0 0 60025 0 44986 0 15039 0 15039 6012 9027 0 76809589 2126762 74419481 2401500 2390108 -274738 2115370 2115370 0 0 954908 1070997 789823 165085 0 165085 0 0 0 0 0 0 0 0 0 0 0 0 Honoraria 900099 3456961 3456961 0 0 Memberships 900099 348825 348825 0 0 Special Events 900099 71144 71144 0 0 522216 522216 0 0 4399146 67365941 11888670 30145 165085 0 0 13855666 13855666 0 0 0 0 2164519 0 1204872 959647 0 0 0 0 6542288 8479 1629748 4904061 811865 0 265066 546799 716134 -49 264769 451414 577090 186 191012 385892 0 0 0 0 120220 10537 51314 58369 161113 200 160913 0 106250 106250 0 0 63456 63456 1094914 0 1094914 0 2395172 2389158 -9690 15704 1203249 864528 158953 179768 2688845 2452735 108949 127161 0 0 0 0 0 0 0 0 346051 306564 34427 5060 3258033 3132840 54654 70539 0 0 0 0 1891242 1546176 62664 282402 0 0 0 0 0 0 0 0 208385 78674 55085 74626 147412 20236 62438 64738 UH Agreements 17707673 17707673 0 0 Miscellaneous Protocol 1431884 1372567 17311 42006 Student Awards/Academic Excellence 353503 353503 0 0 Gift Premium/Recognition 64597 59183 549 4865 3040217 2125649 414129 500439 60949778 46390755 5822077 8736946 2772474 5943873 4119208 2567818 40620872 41869952 0 0 0 0 0 0 43198 76968 0 0 162243 140709 12191644 1647876 10512675 10543768 172237535 183836264 235275167 249496670 0 0 0 0 99638385 101484174 565381757 595960196 7461350 10074232 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25162740 25386460 32624090 35460692 X 67472 -663535 195246706 204779761 337443489 356383278 532757667 560499504 565381757 595960196 6416163 21325674 0 0 0 0 X 0 1 X 1 0 X 76932346 82225409 41408112 95727163 55282041 351575071 0 0 0 0 0 0 344452 354786 365429 376392 387684 1828743 77276798 82580195 41773541 96103555 55669725 353403814 0 353403814 4343507 5076157 5105388 4338498 5207604 24071154 9539 253282 99883 0 0 362704 16466464 15516797 5654618 15084804 6798955 59521638 437359310 0 0.80804 0.79759 X Schedule A, Part II, Line 10 Other income consists of fundraising events and fees, honoraria/services, royalties, and other miscellaneous income. 0 106250 106250 0 106250 21250 5313 0 85000 0 15583 16750 20950 21250 74533 111800 77917 83750 104750 106250 372667 3896 4188 5238 5313 18635 27953 0 0 0 0 0 294688609 18917155 2311604 0 0 15877476 300039892 259182813 18651593 31553466 0 0 14699263 294688609 267384686 11997767 -3682992 0 0 16516648 259182813 261070433 18532753 3456297 0 0 15674797 267384686 225165516 14916394 34853922 0 0 13865399 261070433 0.21 0.79 0 1 0 2006330 0 2006330 8377175 0 112145 8265030 58253 0 54950 3303 1685465 0 1417607 267858 64421 0 63174 1247 10543768 0 0 Hedge Funds 104983101 F International Equity 56216907 F Private Equity Securities 38389105 F Domestic Equity 33545733 F Natural Resources/Real Estate 16361824 F 249496670 Accrued Interest/Dividend Receivables 370902 Other Receivables 2090398 Due from UH 275911 Due from Affiliates 227135 Due to Affiliates -366193 Remainder Ownership Interests 79860116 Perpetual Trusts 11601178 Beneficial Interest in CRTs 5321054 Cash Surrender Value 154767 Gifts of Real Estate 1786661 Gifts of Securities 162245 101484174 0 Payroll Taxes & Benefits 438596 Other Liabilities 245202 Mortgage Loan 8200000 Split-interest Agreements 12566682 Amounts Held for Others 3935980 25386460 X 89914108 21325673 387684 0 834810 22548167 67365941 0 0 0 67365941 62172271 387684 0 0 834809 1222493 60949778 0 0 0 60949778 Schedule D, Part V, Line 4 Endowments are managed for prudent growth to ensure the returns provide for program support plus inflation. The present and future revenue streams that endowed funds generate allow UH to hire faculty, implement programs, advance research, and support outstanding students. Schedule D, Part X, Line 2 UHF recognizes the effect of Income Tax. Schedule D, Part XI, Line 2d Rental and special event direct expenses netted against related revenue. Schedule D, Part XII, Line 2d Rental and special event direct expenses netted against related revenue. X X X X X X X 1 Marts & Lundy 1200 Wall Street West Lyndhurst NJ 07071 Fundraising services. 0 63456 63456 0 63456 63456 0 HI The 18th Annual Engineering Banquet 234424 172641 61783 0 0 0 0 0 18628 Celebrate a Legacy in Tourism 194325 149711 44614 0 0 0 0 0 63982 74 1581484 748645 832839 0 0 0 0 0 707213 2010233 1070997 939236 0 0 0 0 0 789823 789823 149413 1 University of Hawai'i 2500 Campus Road Honolulu HI 96822 996000354 7370715 0 0 1 Scholarships and grants, including stipends and travel awards. 413 6484951 0 Schedule I, Part I, Line 2 UHF has policies in places for providing grant funds to students in the form of scholarships, travel grants, and awards. Generally, scholarship and fellowship payments specifically intended to cover cost of attendance related items 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 1 0 1 0 0 0 Donna Vuchinich President 338250 0 100000 0 -403 0 54000 0 18807 0 510654 0 376731 0 Rebecca Smith VP for Dev, Health Science and Regional VP 284807 0 0 0 -6365 0 57873 0 13593 0 349908 0 298846 0 Janet Bullard Vice President for Marketing and Communication 187930 0 10000 0 381 0 47330 0 13330 0 258971 0 191575 0 Paul Kobayashi Assistant Treasurer/VP for Admin/CFO 178036 0 44123 0 -3154 0 26964 0 6317 0 252286 0 206996 0 Lori Admiral Associate VP for Development, UH Manoa 140220 0 5572 0 226 0 39509 0 13859 0 199386 0 142809 0 John Han Assistant Treasurer/Director of Data & Technology 153738 0 0 0 -10105 0 26051 0 7463 0 177147 0 151783 0 Elaine Evans Director of Development, John A Burns School of Medicine 124628 0 6190 0 741 0 37263 0 7610 0 176432 0 134148 0 Michael Coppes Senior Executive Director of Estate and Gift Planning 124600 0 0 0 -1717 0 36460 0 8194 0 167537 0 0 0 Jung Song Director, Corporate and Foundation Relations 138027 0 5600 0 -2297 0 15184 0 7979 0 164493 0 132689 0 Julie Levine Executive Director of Development - Law School 139820 0 0 0 -405 0 14611 0 7895 0 161921 0 135965 0 Schedule J, Part I, Line 1a Private business club membership is provided to the President, Associate Vice Presidents, and certain staff for business use. Schedule J, Part I, Line 5 An incentive program is in place for key individuals. It is based on quantitative and qualitative factors. One of several quantitative factors is funds raised. Schedule J, Part I, Line 6 An incentive program is in place for key individuals. It is based on quantitative and qualitative factors. One of several quantitative factors is funds raised and net operating results. Mary Sellers Board Trustee 552368 Banking & Investment services 0 Schedule L, Part I, Line 1 Mary Sellers is the Vice Chair and Chief Risk Officer at Bank of Hawaii and a Board Trustee. Banking and Investment services are provided at arms length and on terms available to other tax exempt organizations. Schedule L, Part I, Line 2 Robert Wo is a Director at Bank of Hawaii and a Board Trustee. Banking and Investment services are provided at arms length and on terms available to other tax exempt organizations. X 52 1594507 FMV X 21 599058 FMV X 7 2401500 FMV 0 0 1 1 Schedule M, Part I, Line 32b UHF used Kokua in Kind, Merrill Lynch, and Charles Schwab to process and sell non-cash contributions. 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 the Assistant Controller of UHF and reviewed by the Controller, Chief Administrative Officer (CAO), Chief Financial Officer (CFO), Senior Executive Director of Communications, and the General Counsel prior to filing. Any revisions are made, if any, and a final draft is distributed to the Audit Committee of the Board of Trustees to review and approve. After its approval, the return is filed and signed off electronically by the CAO. 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 is compiled by the General Counsel. Any potential conflicts with regard to Trustees are brought to the attention of the Vice President for Administration/Chief Financial Officer 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 President and Chief Executive Officer and other senior management positions at other institutionally related foundations nationwide, as well as nonprofits within the State of Hawai'i. 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. 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 via a link on the it's website: previous three year's Form 990 tax return, IRS tax determination letter, Articles of Incorporation, and 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 207330 8168986 UH Foundation UHF Support Inc 2444 Dole Street Bachman Hall 105 Honolulu HI 96822 262825368 Support for University of Hawaii Foundation HI 501(c)(3) 509(a)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Information needed to file a complete and accurate return was not received as of the original filing date. In a notice dated December 31, 2018, the extension to file this 990 was approved, and new due date is May 15, 2019.