2013-05-20T19:30:45-05:00 2012-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2012-01-01 237441972 HISTORIC HAWAI'I FOUNDATION HIST 8085232900 PO BOX 1658 HONOLULU HI 968061658 KIERSTEN FAULKNER 8085232900 2013-05-20 1 MARK A HAYES P00085205 8085311040 2012 2016-03-07 17:11:31Z KIERSTEN FAULKNER PO BOX 1658 HONOLULU HI 968061658 711816 0 X WWW.HISTORICHAWAII.ORG X 1974 HI TO ENCOURAGE THE PRESERVATION OF HISTORIC BUILDINGS AND SITES IN HAWAI'I. 27 27 6 105 0 0 394153 543678 82426 48964 12243 23039 -44982 -63210 443840 552471 0 40000 0 0 231789 242721 0 0 39909 239084 205368 470873 488089 -27033 64382 946768 1053696 18520 42531 928248 1011165 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 166386 32634 PUBLIC EDUCATION - TO DEVELOP A COMMUNITY ETHIC OF PRESERVATION AND HERITAGE STEWARDSHIP THROUGH MEMBERSHIP; HISTORIC TOURS; EDUCATIONAL SEMINARS AND LECTURES; PUBLICATIONS; HISTORIC SITE RESEARCH AND ADVOCACY. 150540 40000 17585 PRESERVATION PROJECTS AND TECHNICAL ASSISTANCE - TO 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; PROFESSIONAL DEVELOPMENT WORKSHOPS; 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 AND RURAL COMMUNITY PLANNING ACTIVITIES. 59424 PUBLIC OUTREACH - TO PRESERVE HAWAII'S HERITAGE THROUGH POLICY DEVELOPMENT AND ADVOCACY FOR STATEWIDE AND LOCAL PRESERVATION INVENTORY; ECONOMIC INCENTIVE PROGRAMS; PUBLIC PLANS, COMMISSIONS AND REGULATIONS; LEADING AND FACILITATING PUBLIC AWARENESS; AND BUILDING COALITIONS OF HISTORIC PRESERVATION ALLIANCES. 19808 RESOURCE AND ADVOCACY - TO RESEARCH AND PROVIDE INFORMATION ON PROCESSING HISTORIC SITE STATUS AND BACKGROUND HISTORY ON SITES. 19808 396158 1 1 0 1 0 0 1 0 0 1 1 1 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 6 0 6 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X KIERSTEN FAULKNER 8085232900 680 IWILEI ROAD SUITE 690 HONOLULU HI 96817 NORB BUELSING 1.00 X X 0 0 0 JEAN CAMPBELL 1.00 X X 0 0 0 DAWN NS CHANG 1.00 X 0 0 0 KEVIN COCKETT 1.00 X 0 0 0 BLAIR COLLIS 1.00 X 0 0 0 GREG DICKHENS 1.00 X 0 0 0 STANTON ENOMOTO 1.00 X 0 0 0 MARCY E FLEMING 1.00 X 0 0 0 MICHAEL D FORMBY 1.00 X 0 0 0 ANN BECKER GOMMERS 1.00 X 0 0 0 LES Y GOYA 1.00 X X 0 0 0 ANNA GRUNE 1.00 X 0 0 0 FRANK HAAS 1.00 X X 0 0 0 RICHARD HOUCK 1.00 X 0 0 0 ROBERT IOPA 1.00 X X 0 0 0 JOANNA KAWAMOTO 1.00 X 0 0 0 SAMUEL AB LYONS 1.00 X 0 0 0 NANCY MAEDA 1.00 X 0 0 0 MAKANI MAEVA 1.00 X 0 0 0 WENDIE MCALLASTER 1.00 X X 0 0 0 TONY MIZUNO 1.00 X X 0 0 0 LANCE PARKER 1.00 X 0 0 0 RONALD SATO 1.00 X 0 0 0 PATRICIA SHEEHAN 1.00 X 0 0 0 RAMSAY TAUM 1.00 X 0 0 0 KIMO TODD 1.00 X X 0 0 0 TOM YOUNG 1.00 X 0 0 0 DAVID CHEEVER 1.00 X 0 0 0 GREGORY CHUN 1.00 X 0 0 0 ERIC CRISPIN 1.00 X 0 0 0 CINDY EVANS 1.00 X 0 0 0 TIMOTHY E JOHNS 1.00 X 0 0 0 LORRAINE MINATOISHI 1.00 X 0 0 0 CURT NAKAMURA 1.00 X 0 0 0 ROBERT NOBRIGA 1.00 X 0 0 0 MICHAEL J O'MALLEY 1.00 X 0 0 0 MIKIO SATO 1.00 X 0 0 0 KIERSTEN FAULKNER 40.00 X 87285 0 7830 87285 0 7830 0 0 0 0 0 85654 224675 233349 18040 543678 PUBLIC EDUCATION 611710 31379 31379 TECHNICAL ASSISTANCE 611710 17585 17585 48964 19888 19888 60261 57110 3151 3151 3151 36560 224675 101025 -64465 -64465 2465 1210 1255 1255 552471 50219 0 -41426 40000 40000 95115 82981 7415 4719 136378 118979 10632 6767 1991 1737 155 99 9237 8059 720 458 21270 21270 60 60 47592 39796 4272 3524 48389 32895 4102 11392 21978 17452 2331 2195 11088 10128 586 374 3986 2710 338 938 PRESERVATION COSTS 49667 40313 9354 OTHER EXPENSES 1338 1108 141 89 488089 396158 52022 39909 54330 37857 196579 253272 23800 10000 6209 8067 2414 3902 55999 49069 9168 6930 654193 733593 75 75 946768 1053696 18520 22531 20000 18520 42531 X 274433 267679 92820 182491 560995 560995 928248 1011165 946768 1053696 64382 13632 4903 0 X 0 1 X 1 0 X 754609 293385 337591 394153 543678 2323416 10600 14362 29737 82969 51429 189097 330245 203450 34800 35040 36560 640095 1095454 511197 402128 512162 631667 3152608 234494 221462 53925 58400 42427 610708 0 234494 221462 53925 58400 42427 610708 2541900 29170 4500 13076 12243 19888 78877 29170 4500 13076 12243 19888 78877 2025 2025 1124624 517722 415204 524405 651555 3233510 0.78610 0.73880 0.02440 0.02540 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2009 AMOUNT: $ 2,025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 865 865 395293 396158 79232 19808 0 0 79232 79232 118848 865 865 19808 19808 29712 X 2 2 0 1 0 10.00 750 600995 17154 17154 600995 560995 40000 9769 9769 600995 560995 560995 450995 110000 560995 240495 210500 450995 0.06660 0.93340 0 0 51764 45306 6458 4235 3763 472 6930 PUBLICLY TRADED SECURITIES 733593 F 733593 X 506886 13632 30514 44146 462740 60 89671 89731 552471 513640 25611 25611 488029 60 60 488089 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: 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 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, TO PREVENT ANY USE OR CHANGE IN OF THE EASEMENT AREA THAT WILL SIGNIFICANTLY IMPACT OR INTERFERE WITH THE VISUAL BUFFER THAT THE EASEMENT AREA CREATES AROUND THE BUILDING. THE FOUNDATION, AS HOLDER OF THIS EASEMENT, IS CHARGED WITH MAKING SURE THE BUILDING'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 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. 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 HOUSE 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: HISTORIC HAWAII FOUNDATION (HHF) HOLDS THREE ENDOWMENTS, TOTALING $560,995. THE BRETZLAFF FOUNDATION ENDOWMENT ($225,000) WAS ESTABLISHED IN 1998 TO PROVIDE SUPPORT FOR THE OPERATIONS AND ACTIVITIES OF THE HISTORIC HAWAII FOUNDATION. THE HHF ENDOWMENT ($15,495) PROVIDES SUPPORT FOR THE OPERATIONS AND ACTIVITIES OF THE HISTORIC HAWAII FOUNDATION. THE HAWAII PRESERVATION FUND ENDOWMENT ($320,500) WAS INITIATED IN 2008 UNDER AN AGREEMENT WITH THE NATIONAL TRUST FOR HISTORIC PRESERVATION TO CREATE A DEDICATED FUNDING STREAM FOR PRESERVATION PROJECTS IN THE HAWAIIAN ISLANDS. THE AGREEMENT PROVIDES FOR A MUTUAL FUNDRAISING CAMPAIGN TO RAISE FUNDS FOR ANNUAL GRANTS THAT SUPPORT CULTURAL HERITAGE PRESERVATION EFFORTS, AND FOR RELATED TECHNICAL ASSISTANCE AND SUPPORT BY HHF. THE ENDOWMENT WILL BE HELD BY AND ADMINISTERED BY THE NATIONAL TRUST AT THE CONCLUSION OF THE FUNDRAISING CAMPAIGN. 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 12/31/12 TOTALED $30,000. PLEDGES RECEIVABLE IN 2013 TOTAL $10,000. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 FOUNDATION'S TAX POSITIONS AS OF DECEMBER 31, 2012 AND 2011 AND FOR THE YEARS THEN ENDED BY REVIEWING ITS INCOME TAX RETURNS AND CONFERRING WITH ITS TAX ADVISORS, AND DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION BY TAXING AUTHORITIES UNTIL THE STATUTES OF LIMITATIONS EXPIRES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCREASE IN TEMPORARILY RESTRICTED NET ASSETS 89,671. WINTER BENEFIT 261235 224675 36560 101025 261235 224675 36560 101025 101025 -64465 1 HAWAII WOMEN'S FOUNDATION 1802 KEEAUMOKU ST HONOLULU HI 96822 800608910 501(C)(3) 40000 RESTORE ORIGINAL WOODEN WINDOWS AND CABINETRY IN HISTORIC BUILDING TO PRESERVE CHARACTER-DEFINING FEATURES AND ARCHITECTUAL SIGNIFICANCE. 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 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 2 FAMILY RELATIONSHIP: NONE BUSINESS RELATIONSHIP: YOUNG-CHUN, FLEMING-CAMPBELL, IOPA-CHUN, IOPA-CRISPIN, IOPA-MINATOISHI, IOPA-CHANG, IOPA-DICKHENS, IOPA-GOYA, IOPA-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 BOARD MEMBERS COMPLETE CONFLICT OF INTEREST DISCLOSURE FORMS ANNUALLY. IF A CONFLICT ARISES, THE BOARD MEMBER DISCLOSES THE CONFLICT, REFRAINS FROM THE DISCUSSION AND ABSTAINS FROM VOTING. THE CONFLICT AND THE BOARD MEMBERS' ABSTENTION FROM THE ACTION IS DISCLOSED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 IN ACCORDANCE WITH THE POLICIES OF THE BOARD OF HISTORIC HAWAII FOUNDATION, AN EVALUATION OF CY2012 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 CY2013. 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. 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 AT THE CORPORATION OFFICE DURING NORMAL OFFICE HOURS. 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).