2025-11-11T13:05:01-06:00 2024-12-31 990224276 TRUSTA AAC 1003 BISHOP ST STE 1700 HONOLULU HI 96813 990EZ 2024-01-01 464730871 HO'EA - THE FOUNDATION HOEA 8082869884 555 SOUTH STREET 202 HONOLULU HI 96813 Eric Fujimoto President 8089494477 2025-11-06 1 0 X YINEN HUANG P01506336 8085248080 2024 2025-03-06 01:10:19Z X X https://www.hoea.org/ X X 196537 X 159326 4412 19186 19186 13613 13000 613 183537 13066 4143 237 31315 48761 134776 271442 69343 475561 X 77083 35499 194359 440062 271442 475561 0 0 271442 475561 X The specific purpose of Ho'ea - The Foundation is to provide grants to selected charitable, religious, and educational organizations that have demonstrated dedication and excellence in their respective mission. As a policy of the Foundation, all recipient organizations must be organized as either a nonprofit foundation or a corporation which is operated exclusively for charitable purposes and which has established its status as a tax-exempt organization and a public charity under Section50l(c)(3) and 509(a) of the Internal Revenue Code. The Foundation has sponsored the Unity Prom since 2019. The Unity Prom event is to provide students with special education an opportunity to celebrate a young person's coming of age and the same experience which the general education students have in High School. 0 27733 Ho'ea - The Foundation made a total contribution, sponsorship, scholarship and grant in the amount of $13,066 to support the community and other nonprofit organizations in year 2024. 13066 0 The Foundation also supports the Maui Strong program for the recovery from the 2023 Maui wildfires. 0 2500 30233 Eric Fujimoto President/Director 2.00 0 0 0 Vaughn Victorino Treasurer/Secretary/Director 2.00 0 0 0 Lynne Kaneshiro Director 2.00 0 0 0 Marie Imanaka Director 2.00 0 0 0 Jill Misawa Director 2.00 0 0 0 Ivy Nip Director 2.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HI Eric Fujimoto 555 South Street STE 202 Honolulu HI 96813 8089494477 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 86913 22396 45796 39255 159326 353686 86913 22396 45796 39255 159326 353686 113627 240059 982 1941 2409 2810 4412 12554 366240 0.65550 0.55770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 4 - Other Investment Income Description: Dividend. Amount: 3,761. Description: Interest. Amount: 651. Total Included on Form 990-EZ, line 4: 4,412. Form 990-EZ, Part I, Line 16 - Other Expenses Description: Investment management fees. Amount: 75. Description: Maui Strong program expenses. Amount: 2,500. Description: Other program expenses. Amount: 380. Description: Unity Prom program expenses - facility, food, supplies, transportation, etc.. Amount: 27,733. Description: Service charges. Amount: 627. Total to Form 990-EZ, line 16: 31,315. Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets Description: Unrealized gain on securities. Amount: 69,011. Description: Unrealized gain on bonds and CDs. Amount: 332. Total to Form 990-EZ, line 20: 69,343. Form 990-EZ, Page 1, Line L and Part I, Lince 5a. 5b. and 5c. In 2024, the organization sold certain securities that were donated to the organization. The fair market value of the donated securities was reported as noncash contributions at time of receipt on Form 990-EZ, Part I, Line 1. Subsequently, the realized gain from the sale of those securities is reported on Form 990-EZ, Part I, Lines 5a, rather than reporting the gross sales proceeds. Because the value of the donated securities was already reflected in contribution revenue, the gross sales proceeds are not separately included as additional gross receipts in order to avoid double counting the gross receipt reported on Form 990-EZ, line L. The sale details of the donated stocks are as follows: Sales Proceeds Basis Gain $46,596 $27,408 $19,186 Form 990-EZ, Part II, Line 24 - Other Assets Description: Marketable securities. Beg. of Year Amount: 194,269. End of Year Amount: 318,937. Description: Prepaid federal tax. Beg. of Year Amount: 90. End of Year Amount: 90. Description: Mutual funds. Beg. of Year Amount: 0. End of Year Amount: 40,679. Description: Bonds and CDs. Beg. of Year Amount: 0. End of Year Amount: 80,356. The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.