2015-07-08T18:23:11-05:00 2014-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2014-01-01 237441972 HISTORIC HAWAI'I FOUNDATION HIST 8085232900 PO BOX 1658 HONOLULU HI 968061658 KIERSTEN FAULKNER EXECUTIVE DIRECTOR 8085232900 2015-07-08 1 MARK A HAYES P00085205 8085311040 2014 2016-02-25 16:41:14Z KIERSTEN FAULKNER PO BOX 1658 HONOLULU HI 968061658 1680717 0 X WWW.HISTORICHAWAII.ORG X 1974 HI TO ENCOURAGE THE PRESERVATION OF HISTORIC BUILDINGS AND SITES IN HAWAI'I. 28 28 5 124 0 0 426945 499581 23358 134345 24085 79184 153599 150932 627987 864042 445500 133333 0 0 224249 313768 0 0 43507 187722 258074 857471 705175 -229484 158867 844463 1006957 24551 82120 819912 924837 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 312059 133333 84385 PRESERVATION PROJECT AND TECHNICAL ASSISTANCE - CONNECT THE PAST TO THE PRESENT AND ENSURE THAT HERITAGE PROTECTION IS HARMONIOUS WITH CONTEMPORARY NEEDS THROUGH FIELD SERVICES; ON-SITE PRESERVATION ASSISTANCE; STATEWIDE CIRCUIT RIDER PROGRAM; REVIEW OF DEVELOPMENT PROPOSALS; RECOMMENDATIONS FOR AVOIDING, MINIMIZING AND MITIGATING HARM TO HISTORIC PROPERTIES; INTEGRATING PRESERVATION INTO SIGNIFICANT PLANNING AND DEVELOPMENT PROPOSALS; AND PARTICIPATING IN LONG-RANGE URBAN PLANNING AND RURAL COMMUNITY PLANNING ACTIVITIES. PROGRAM SERVICES INCLUDED RESPONDING TO 582 INQUIRIES AT 200 HISTORIC SITES STATEWIDE, INCLUDING REQUESTS FOR INFORMATION FROM INDIVIDUALS, BUSINESSES AND GOVERNMENT AGENCIES; REVIEWING AND SUBMITTING COMMENTS OR TESTIMONY OF EFFECTS TO HISTORIC PROPERTIES FROM PROPOSED ACTIONS; AND EDUCATIONAL OUTREACH. ADDITIONAL SERVICES INCLUDED ANNUAL MONITORING OF TWO PRESERVATION EASEMENTS; GRANT ADMINISTRATION FOR SEVEN PRESERVATION GRANTS; FIVE CIRCUIT RIDER VISITS; AND SERVING ON ADVISORY GROUPS. 197539 50310 PUBLIC EDUCATION - DEVELOP A COMMUNITY ETHIC OF PRESERVATION AND HERITAGE STEWARDSHIP THROUGH MEMBERSHIP, HISTORIC TOURS, EDUCATIONAL SEMINARS AND LECTURES, PUBLICATION, HISTORIC SITE RESEARCH AND ADVOCACY. PROGRAM SERVICES INCLUDED SIX PUBLIC LECTURES ATTENDED BY 30-90 PEOPLE EACH; PRESENTED FIVE EDUCATIONAL SEMINARS ABOUT HISTORIC PRESERVATION FRAMEWORK AND STANDARDS, ATTENDED BY 30-55 PEOPLE EACH; RESEARCHED AND PUBLISHED AN ONLINE LISTING OF DESIGNATED HISTORIC SITES, INCLUDING 593 INDIVIDUAL SITES; PUBLISHED A 24-PAGE BOOKLET ON CIVIC ARCHITECTURE IN THE TERRITORIAL PERIOD; CONDUCTED ADVOCACY TO PRESERVE HISTORIC PROPERTIES WITH NINE MAJOR ENGAGEMENTS. 70550 PUBLIC OUTREACH - PRESERVE HAWAII'S HERITAGE THROUGH POLICY DEVELOPMENT AND ADVOCACY FOR STATE AND LOCAL PRESERVATION LAWS AND ORDINANCES, ECONOMIC INCENTIVE PROGRAMS, PUBLIC PLANS, COMMISSIONS AND REGULATIONS; LEADING AND FACILITATING PUBLIC AWARENESS EFFORTS; AND BUILDING COALITIONS OF HISTORIC PRESERVATION ALLIANCES. PROGRAM SERVICES INCLUDED MONITORING AND RESPONDING TO PROPOSED LEGISLATION RELATED TO PRESERVATION, PLANNING, PERMITTING, CULTURE, ARTS, ENVIRONMENT AND RELATED TOPICS. RESEARCHED AND TESTIFIED ON MATTERS RELATED TO TAX CREDITS AND ECONOMIC INCENTIVES FOR REHABILITATION OF HISTORIC PROPERTIES, REVIEW AND COMPLIANCE SYSTEMS FOR PERMITS AFFECTING HISTORIC PROPERTIES, AND FOR CAPITAL IMPROVEMENTS AT HISTORIC PROPERTIES, AND TECHNICAL COMMENTS ON VARIOUS MATTERS THAT WOULD AFFECT HISTORIC RESOURCES. ADDITIONAL PROGRAM SERVICES INCLUDED PRESENTING PRESERVATION AWARDS TO 33 PROJECTS AT AN EVENT ATTENDED BY 350 PEOPLE; AND NAMING EIGHT THREATENED HISTORIC PROPERTIES TO THE LIST OF ENDANGERED HISTORIC SITES IN A PUBLICATION WITH A CIRCULATION OF 100,000 READERS. 23517 OTHER PROGRAM SERVICES - PROVIDE RESOURCES AND ADVOCACY TO RESEARCH AND PROVIDE INFORMATION ON PROCEDURES FOR DESIGNATING HISTORIC PROPERTIES, STANDARDS AND GUIDELINES FOR APPROPRIATE TREATMENTS, AND BACKGROUND HISTORY ON SITES. 23517 603665 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 6 0 5 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 1 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 JEAN CAMPBELL PRESIDENT 1.00 X X 0 0 0 KIMO TODD FIRST VICE PRESIDENT 1.00 X X 0 0 0 LES Y GOYA SECOND VICE PRESIDENT 1.00 X X 0 0 0 NANCY MAEDA SECRETARY 1.00 X X 0 0 0 JOANNA KAWAMOTO TREASURER 1.00 X X 0 0 0 STANTON ENOMOTO AT-LARGE OFFICER 1.00 X X 0 0 0 RICHARD HOUCK AT-LARGE OFFICER 1.00 X X 0 0 0 DAWN NS CHANG DIRECTOR 1.00 X 0 0 0 KEVIN COCKETT DIRECTOR 1.00 X 0 0 0 BLAIR D COLLIS DIRECTOR 1.00 X 0 0 0 LINDALEE CISSY FARM DIRECTOR 1.00 X 0 0 0 MARCY E FLEMING DIRECTOR 1.00 X 0 0 0 ANN GOMMERS DIRECTOR 1.00 X 0 0 0 WAYNE GOO DIRECTOR 1.00 X 0 0 0 ANNA GRUNE DIRECTOR 1.00 X 0 0 0 LEE HOPKINSON DIRECTOR 1.00 X 0 0 0 NATASHA LAGMAY DIRECTOR 1.00 X 0 0 0 KIMO LEE DIRECTOR 1.00 X 0 0 0 SAMUEL AB LYONS DIRECTOR 1.00 X 0 0 0 MAKANI MAEVA DIRECTOR 1.00 X 0 0 0 KURT MATSUMOTO DIRECTOR 1.00 X 0 0 0 WENDIE MCALLASTER DIRECTOR 1.00 X 0 0 0 LANCE PARKER DIRECTOR 1.00 X 0 0 0 RICK PIPER DIRECTOR 1.00 X 0 0 0 BILL PRATT DIRECTOR 1.00 X 0 0 0 BENJAMIN SALAZAR DIRECTOR 1.00 X 0 0 0 RONALD SATO DIRECTOR 1.00 X 0 0 0 TOM YOUNG DIRECTOR 1.00 X 0 0 0 TONY MIZUNO FORMER PRESIDENT 1.00 X X 0 0 0 FRANK HAAS FORMER PAST PRESIDENT 1.00 X X 0 0 0 PATRICIA SHEEHAN FORMER DIRECTOR 1.00 X 0 0 0 KIERSTEN FAULKNER EXECUTIVE DIRECTOR 40.00 X 90447 0 8853 90447 0 8853 0 0 0 0 0 83999 23540 392042 33242 499581 TECHNICAL ASSISTANCE 611710 84385 84385 PUBLIC EDUCATION 611710 49960 49960 134345 17965 17965 769122 707903 61219 61219 61219 258680 23540 108098 150582 150582 1024 674 350 350 864042 134695 0 229766 133333 133333 99300 87530 7192 4578 187951 165673 13613 8665 2401 2116 174 111 24116 21257 1747 1112 21559 21559 1371 1371 41769 35790 3313 2666 35710 27417 3660 4633 32106 26327 3532 2247 15069 13974 669 426 2502 1921 256 325 6985 5363 716 906 PRESERVATION COSTS 98667 81055 17612 OTHER EXPENSES 2336 1909 201 226 705175 603665 58003 43507 53094 48253 123565 87785 4000 0 5857 9037 4010 6651 59737 54767 5750 4970 648112 850186 75 75 844463 1006957 13301 20870 11250 61250 24551 82120 X 341922 343114 237495 341228 240495 240495 819912 924837 844463 1006957 158867 -53942 0 X 0 1 X 1 0 X 337591 394153 543678 426945 499581 2201948 29737 82969 51429 25121 135369 324625 34800 35040 36560 284300 258680 649380 402128 512162 631667 736366 893630 3175953 26975 38775 22727 37650 22740 148867 0 26975 38775 22727 37650 22740 148867 3027086 13076 12243 19888 23976 17965 87148 13076 12243 19888 23976 17965 87148 415204 524405 651555 760342 911595 3263101 0.92770 0.79900 0.02670 0.02570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 848 1407 2255 601410 603665 115550 28888 0 0 79232 140955 115550 335737 503606 865 1566 2255 4686 19808 35239 28888 83935 125903 848 848 X 2 2 1 0 15.00 946 282286 43866 43230 282922 600995 13084 320500 11293 282286 600995 17154 17154 600995 560995 40000 9769 9769 600995 560995 560995 0.15000 0.85000 0.00000 0 0 55502 50532 4970 4235 4235 0 4970 X 760198 -53942 55202 1260 758938 1371 103733 105104 864042 759006 55202 55202 703804 1371 1371 705175 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 12/31/14 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 EVALUATED THE TAX POSITIONS OF THE FOUNDATION AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013 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. WITH FEW EXCEPTIONS, THE INCOME TAX RETURNS OF THE FOUNDATION ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR TAX YEARS ENDING ON OR BEFORE DECEMBER 31, 2010, DUE TO THE EXPIRATION OF THE STATUTES OF LIMITATIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN TEMPORARILY RESTRICTED NET ASSETS 103,733. KAMA'AINA OF THE YEAR 282220 23540 258680 108098 282220 23540 258680 108098 108098 150582 1 EAST HAWAII CULTURAL COUNCIL 141 KALAKAUA STREET HILO HI 96720 990192768 501(C)(3) 50000 TO RESTORE ORIGINAL WINDOWS AT THE HISTORIC OLD HILO COURTHOUSE AND POLICE STATION. LAHAINA RESTORATION FOUNDATION 120 DICKENSON STREET LAHAINA HI 96761 996004506 501(C)(3) 50000 TO RESTORE ORIGINAL WINDOWS AND DOORS AT THE HISTORIC OLD LAHAINA COURTHOUSE. PACIFIC AVIATION MUSEUM 319 LEXINGTON BLVD HONOLULU HI 96818 990337979 501(C)(3) 33333 TO REHABILITATE EXTERIOR AND INTERIOR FEATURES OF THE FORD ISLAND TOWER. 3 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 MEALS / BEVERAGES 7 16311 FAIR MARKET VALUE X SOFTWARE 1 8904 FAIR MARKET VALUE X OTHER EVENT ITEMS 6 8027 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART V, LINE 2A: HE 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 2 FAMILY RELATIONSHIP: NONE BUSINESS RELATIONSHIP: SALAZAR/FLEMING, MCALLASTER/SATO 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 11 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 CY2014 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 CY2015. 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 EMPLOYEE'S PERSONNEL FILE AND 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).