2017-09-08T20:02:07-05:00 2016-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2016-01-01 237441972 HISTORIC HAWAI'I FOUNDATION HIST 8085232900 PO BOX 1658 HONOLULU HI 968061658 KIERSTEN FAULKNER EXECUTIVE DIRECTOR 8085232900 2017-09-08 1 MARK A HAYES P00085205 8085311040 67.53.223.34 2017-09-08 12:16:15 HS P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 D3E5959CDF16D57A592BC256C468E68B80A69ADD 2016 2021-01-29 14:40:06Z KIERSTEN FAULKNER PO BOX 1658 HONOLULU HI 968061658 1115907 0 X WWW.HISTORICHAWAII.ORG X 1974 HI TO ENCOURAGE THE PRESERVATION OF HISTORIC BUILDINGS AND SITES IN HAWAI'I. 25 25 4 96 0 0 440471 686144 50160 56703 17736 12571 149996 -85886 658363 669532 177500 238333 0 0 296715 291147 0 0 43264 187403 207844 661618 737324 -3255 -67792 916737 858239 13951 11001 902786 847238 X TO PRESERVE AND ENCOURAGE THE PRESERVATION OF HISTORICAL 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. 0 0 397294 238333 35834 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 SIX PRESERVATION GRANTS TO OTHERS, RESPONDING TO 520 INQUIRIES AT 200 HISTORIC SITES STATEWIDE, ANNUAL MONITORING OF TWO PRESERVATION EASEMENTS, AND SERVING ON ADVISORY GROUPS. 143822 20953 PUBLIC EDUCATION: DEVELOP A COMMUNITY ETHIC OF PRESERVATION THROUGH TOURS, LECTURES, SEMINARS AND WORKSHOPS, PUBLICATIONS, AND HISTORIC SITE RESEARCH. PROGRAM SERVICES INCLUDED PRESENTING SIX SEMINARS ON STANDARDS FOR REHABILITATING HISTORIC BUILDINGS, THREE SEMINARS ON TECHNICAL PRESERVATION METHODS, SEVEN EXPERT LECTURES, SIX TOURS AND SPECIAL EVENTS, RESEARCH AND ONLINE PUBLICATION OF DESIGNATED HISTORIC SITES, PRESERVATION AWARDS TO RECOGNIZE ACHIEVEMENTS AND LISTING THREATENED HISTORIC PROPERTIES IN A PUBLICATION WITH 100,000 READERS. 75695 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. 616811 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 1 0 0 0 0 0 0 0 0 1 X 3 0 4 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 1 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 JOANNA KAWAMOTO OSHIRO PRESIDENT 1.00 X X 0 0 0 LESILE Y GOYA FIRST VICE PRESIDENT 1.00 X X 0 0 0 NATALIA LAGMAY SECOND VICE PRESIDENT 1.00 X X 0 0 0 RICKY CHING TREASURER 1.00 X X 0 0 0 KEVIN COCKETT SECRETARY 1.00 X X 0 0 0 LINDA LEE K FARM AT-LARGE OFFICER 1.00 X X 0 0 0 JOY DAVIDSON AT-LARGE OFFICER 1.00 X X 0 0 0 KIMO TODD PAST PRESIDENT 1.00 X X 0 0 0 JEAN CAMPBELL TRUSTEE 1.00 X 0 0 0 RICHARD HOUCK TRUSTEE 1.00 X 0 0 0 DONNE DAWSON TRUSTEE 1.00 X 0 0 0 WAYNE GOO TRUSTEE 1.00 X 0 0 0 NANCY MAEDA TRUSTEE 1.00 X 0 0 0 J SCOTT MEIDELL TRUSTEE 1.00 X 0 0 0 LANCE PARKER TRUSTEE 1.00 X 0 0 0 WILLIAM PRATT TRUSTEE 1.00 X 0 0 0 RICHARD PIPER TRUSTEE 1.00 X 0 0 0 BENJAMIN SALAZAR TRUSTEE 1.00 X 0 0 0 PATRICIA GRIFFIN TRUSTEE 1.00 X 0 0 0 JASON ITO TRUSTEE 1.00 X 0 0 0 RODNEY ITO TRUSTEE 1.00 X 0 0 0 JAMES NIESS TRUSTEE 1.00 X 0 0 0 CHRISTINE RUOTOLA TRUSTEE 1.00 X 0 0 0 THOMAS WITTEN TRUSTEE 1.00 X 0 0 0 JENNIFER ZELKO-SCHLUETER TRUSTEE 1.00 X 0 0 0 DAWN NS CHANG FORMER TRUSTEE 1.00 X 0 0 0 BLAIR D COLLIS FORMER TRUSTEE 1.00 X 0 0 0 ANN GOMMERS FORMER TRUSTEE 1.00 X 0 0 0 KIMO LEE FORMER TRUSTEE 1.00 X 0 0 0 WENDIE MCALLASTER FORMER TRUSTEE 1.00 X 0 0 0 RONALD SATO FORMER TRUSTEE 1.00 X 0 0 0 TOM YOUNG FORMER TRUSTEE 1.00 X 0 0 0 KIERSTEN FAULKNER EXECUTIVE DIRECTOR 40.00 X 97269 0 9348 97269 0 9348 0 0 0 0 0 88986 196435 400723 5479 686144 TECHNICAL ASSISTANCE 611710 35750 35750 PUBLIC EDUCATION 611710 17598 17598 OTHER PROGRAM REVENUE 611710 3355 3355 56703 13074 13074 322604 323107 -503 -503 -503 37288 196435 123258 -85970 -85970 94 10 84 84 669532 56787 0 -73399 238333 238333 106617 87426 7463 11728 150205 123168 10514 16523 5795 4752 406 637 28530 23395 1997 3138 23584 23584 1552 1552 35924 30853 1972 3099 34606 27131 3901 3574 25991 21313 1819 2859 4858 4788 27 43 2493 1954 282 257 7413 5811 836 766 PRESERVATION COSTS 67702 44796 22647 259 OTHER EXPENSES 3721 3091 249 381 737324 616811 77249 43264 35310 36838 93460 228800 3390 0 8764 8559 6282 4697 65579 59834 4828 5745 764628 573525 75 75 916737 858239 13951 11001 13951 11001 X 252816 208736 409475 398007 240495 240495 902786 847238 916737 858239 -67792 12244 0 X 0 1 X 1 0 X 543678 426945 499581 440471 686144 2596819 51429 25121 135369 50981 56797 319697 36560 284300 258680 287851 37288 904679 631667 736366 893630 779303 780229 3821195 22727 37650 22740 55100 63180 201397 0 22727 37650 22740 55100 63180 201397 3619798 19888 23976 17965 17752 13074 92655 19888 23976 17965 17752 13074 92655 651555 760342 911595 797055 793303 3913850 0.92490 0.92620 0.02370 0.02520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 430 430 616381 616811 117522 29381 0 0 140955 115550 106929 117522 480956 721434 1566 2255 2377 430 6628 35239 28888 26732 29381 120240 180360 848 848 X 2 2 1 0 25.00 517 281284 10611 9362 282533 282922 335 1973 281284 282286 43866 43230 282922 600995 13084 320500 11293 282286 600995 17154 17154 600995 0.14880 0.85120 0.00000 0 0 61344 55599 5745 4235 4235 0 5745 X 738517 12244 46825 59069 679448 1552 -11468 -9916 669532 782597 46825 46825 735772 1552 1552 737324 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. 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. FUNDS RECEIVED AS OF 12/31/16 TOTALED $40,000. 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, 2016 AND 2015 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: DECREASE IN TEMPORARILY RESTRICTED NET ASSETS -11,468. KAMA'AINA OF THE YEAR 233723 196435 37288 66201 22554 34503 233723 196435 37288 66201 22554 34503 123258 -85970 1 EWA COMMUNITY CHURCH PO BOX 60339 EWA HI 96706 999999999 501(C)(3) 25000 RESTORATION OF CHURCH; WOOD REPAIR; PAINTING PACIFIC AVIATION MUSEUM 319 LEXINGTON BLVD HONOLULU HI 96818 990337979 501(C)(3) 33333 REHABILITATION OF AEROLOGICAL TOWER; REPAIR; PAINTING YWCA OF OAHU 1040 RICHARDS ST HONOLULU HI 96813 990073534 501(C)(3) 50000 REHABILITATION OF YWCA WINDOWS, FACADES FRIENDS OF HAWAII VOLCANO NP PO BOX 653 VOLCANO HI 96785 311577169 501(C)(3) 50000 RESTORATION OF ART CENTER; WOOD REPAIR; PAINTING HUI NOEAU 2841 BALDWIN AVE MAKAWAO HI 96768 996012378 501(C)(3) 32500 REPAIR PRINT SHOP; TERMITE TREATMENT; WOOD REPAIR HUI O LAKA PO BOX 100 KEKAHA HI 96752 990085977 501(C)(3) 7500 RESTORE CCC CAMP WINDOWS; PAINTING LAHAINA RESTORATION FOUNDATION 120 DICKENSON ST LAHAINA HI 96761 996004506 501(C)(3) 10000 REPAIR MUSEUM COLUMNS, PORCH; TERMITE TREATMENT; PAINTING PAEPAE O HEEIA PO BOX 6355 KANEOHE HI 96744 710903791 501(C)(3) 30000 RESTORE 450 FEET OF HISTORIC FISHPOND ENCLOSURE WALL 8 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. X OTHER EVENT ITEMS 6 5479 FAIR MARKET VALUE X KAMAAINA OF THE YEAR 52 0 NET PROCEEDS 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 33: KAMAAINA OF THE YEAR - PROCEEDS FROM THE SALE OF DONATED GOODS ARE INCLUDED IN FUNDRAISING REVENUE ON FORM 990, PART VIII, LINE 8A. 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 4 THE ORGANIZATION AMENDED ITS BYLAWS TO CHANGE THE NUMBER OF THE GOVERNING BODY'S AT-LARGE OFFICERS. 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 CY2015 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 FEBRUARY 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 CY2016. 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 STATUS OF 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).