2011-05-13T16:53:04-05:00 2010-06-30 DELOITTE TAX LLP 1132 BISHOP STREET STE 1200 HONOLULU HI 96813 990 2009-07-01 990073480 TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS TRUS 8085236200 PO BOX 3466 HONOLULU HI 96801 DEE JAY MAILER 8085236200 2011-05-02 0 LORI KS TAIRA 8085430700 2009 2016-02-24 21:20:13Z Kamehameha Schools DEE JAY MAILER 567 SOUTH KING STREET HONOLULU HI 96813 4654830167 0 X WWW.KSBE.EDU X 1887 HI See Schedule OKamehameha Schools' mission is to fulfill Pauahi's desire to create educational opportunities in perpetuity to improve the capability and well-being of people of Hawaiian ancestry. 5 3 3528 2400 1879112 757354 50000 500000 28178413 27914666 -388808428 202423212 86965179 102916347 -273614836 333754225 55114632 61515058 0 145740819 156565175 0 0 142920524 137585242 343775975 355665475 -617390811 -21911250 5952465401 6414591498 454981507 480978454 5497483894 5933613044 KAMEHAMEHA SCHOOLS' MISSION IS TO FULFILL PAUAHI'S DESIRE TO CREATE EDUCATIONAL OPPORTUNITIES IN PERPETUITY TO IMPROVE THE CAPABILITY AND WELL-BEING OF PEOPLE OF HAWAIIAN ANCESTRY. 0 0 264426471 61515058 27914666 Kamehameha Schools was established under the will and codicils of Bernice Pauahi Bishop in 1887 and is now one of the largest schools in the United States serving grades K-12 and 31 preschools. For over one hundred and twenty years, Kamehameha Schools has continuously provided quality education, giving preference to students of Hawaiian ancestry to the extent permitted by law. (see Schedule O for additional information on program service accomplishments).As of June 30, 2010, the overall fair value of Kamehameha Schools' endowment was approximately $7.8 billion. The fair value excludes non-investment related assets, such as educational, administrative, and agricultural and conservation assets and is used for trust spending purposes.For the fiscal year ended June 30, 2010, Kamehameha Schools spent approximately $299 million on educational programs and educational support, with $102 million spent on community-focused programs and $129 million spent on campus-based programs. These financial resources enabled Kamehameha Schools to extend its educational reach to more Hawaiians through its education strategic plan, adopted in 2005 and based on the Kamehameha Schools Strategic Plan 2000-2015.Fiscal year 2010 was the fifth year of the 10-year education strategic plan, and the number of children and families impacted by Kamehameha's campus and community programs increased by more than 2 percent, from approximately 44,400 learners to more than 45,400 learners. More than 13,400 parents and caregivers were provided training and support for families and caregivers of children in the prenatal to grade 12 community.Prenatal to 8 years of age:Kamehameha Schools served more than 9,400 keiki ages 0-8 and their parents and caregivers through its KS center-based preschools, preschool scholarships, literacy instruction and various educational collaborations. That number included more than 1,500 students at 31 KS preschool sites across the state and nearly 4,000 students served through community collaborations. Nearly 1,900 Pauahi Keiki Scholarships were awarded totaling $11.3 million.Grades 4 through post-high:Kamehameha Schools served more than 17,100 learners through its enrichment, campus outreach and summer school programs such as the Explorations Series, Kamehameha Scholars, 'Ike Pono and Career & Post-High Counseling. More than 2,000 post-high scholarships were awarded totaling $12.6 million and more than 3,600 students were supported with $9.1 million in per-pupil funding and support to 17 of the Department of Education's 31 public charter schools. More than 1,850 non-campus learners were enrolled in campus-based summer programs.Campus programs:Kamehameha Schools educated more than 5,370 learners, including graduating more than 650 seniors, at campus programs on Hawai'i, on Maui and at Kapalama. Orphan and indigent children comprised approximately 30 percent of students invited to campus programs and 25 percent of students enrolled during fiscal year 2010. For more, including a copy of Kamehameha Schools' audited "Consolidated Financial Statements and Supplemental Schedules" for fiscal year 2010, please visit www.ksbe.edu/annualreports. 264426471 1 1 0 1 1 0 1 0 0 1 0 1 1 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 733 0 1 3528 1 1 1 1 BR CI CH EZ EG GR IC IN ID JA PK PE PL KS CE TW TU 0 0 0 0 0 0 0 5 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 HI X Deborah Erskine CONTROLLER 8085236200 567 SOUTH KING STREET SUITE 160 HONOLULU HI 968133036 DIANE PLOTTS 20.00 X 98850 0 0 CORBETT KALAMA 20.00 X 92100 0 0 J DOUGLAS ING 20.00 X 92100 0 0 ROBERT KIHUNE 20.00 X 72300 0 0 C NAINOA THOMPSON 20.00 X 106050 0 0 MICAH KANE 20.00 X 33300 0 0 Dee Jay Mailer 50.00 X 484687 0 47311 KIRK BELSBY 50.00 X 440590 0 43219 ANN BOTTICELLI 50.00 X 179325 0 30558 D ROD CHAMBERLAIN 50.00 X 241498 0 44996 SYLVIA HUSSEY 50.00 X 146353 0 33817 MICHAEL LOO 50.00 X 270600 0 41503 CHRISTOPHER PATING 50.00 X 353491 0 28484 COLLEEN WONG 50.00 X 250767 0 55746 MICHAEL CHUN 50.00 X 238615 0 36711 LEE ANN DELIMA 50.00 X 191465 0 35131 STANLEY FORTUNA JR 50.00 X 230804 0 42410 DARREL HOKE 50.00 X 199303 0 24045 ELIZABETH HOKADA 50.00 X 309822 0 45930 PAUL QUINTILIANI 50.00 X 274891 0 34008 MICHAEL DANG 50.00 X 246114 0 40354 SUSAN TODANI 50.00 X 191562 0 41644 BURTON YUEN 50.00 X 190510 0 23314 HUNTER PRAYWELL 50.00 X 176335 0 21489 LIVINGSTON WONG 50.00 X 0 0 0 JULIAN AKO 50.00 X 142642 0 33340 KENDALL PAULSEN 50.00 X 0 0 0 5254074 0 704010 98 1 1 0 GATESIDE 522 AHUI STREET HONOLULU HI 96813 CONTRACTING SERVICES 4466344 CONSTRUCTION R US INC 46-208 KAHUHIPA ST STE 101 KANEOHE HI 96744 CONTRACTING SERVICES 2970070 JAY KADOWAKI INC 518 AHUI ST HONOLULU HI 96813 construction SERVICES 2908059 MITSUNAGA & Associates 747 AMANA STREET SUITE 216 HONOLULU HI 96814 ARCHITECTURAL SERVICES 2386440 HAWAIIAN DREDGING & CONSTRUCTION PO BOX 4088 HONUlulu HI 96812 CONSTRUCTION SERVICES 2359352 159 500000 500000 TUITION 611600 13387963 13387963 FOOD SERVICES 611600 6961336 6961336 STUDENT FEES 611600 6706714 6706714 SCHOOL STORE 611710 338743 338743 CAMPUS OPERATION RECOV 611710 319586 319586 200324 160353 3971 36000 27914666 64239344 309028 63930316 723 723 227601207 133555203 94046004 94046004 94046004 4283725489 41687297 4185779010 1449908 97946479 40237389 138183868 138183868 1065003 291821 773182 773182 net premiums earned 524298 3188391 3132409 55982 PARKING REVENUE 532000 1311157 1311157 ADVERTISING REV 541800 198974 198974 3397916 3397916 8096438 333754225 34405020 1879112 296970093 21440625 21440625 40074433 40074433 5797209 3156095 2641114 113281451 92291011 20990440 11371054 9114431 2256623 17355293 13911078 3444215 8760168 7021684 1738484 133289 133289 5363753 5363753 290512 290512 111953 111953 19299975 19299975 24336515 10140320 14196195 306040 6400 299640 9453275 7425701 2027574 12552647 1202488 11350159 10068272 9128525 939747 3006148 2576653 429495 724596 486725 237871 6943926 6943926 500985 272988 227997 26473256 25161321 1311935 780812 1908549 -1127737 Repairs and Alterations 5611454 5167529 443925 Student Expenses 5433919 3159243 2274676 Food Services 3120009 3120009 miscellaneous 3073906 716737 2357169 355665475 264426471 91239004 0 25467 24469 21691452 29124993 1753244 3032679 99390243 107071538 1323902396 468002826 849299628 855899570 2083554923 1799724176 2770484035 3407293698 126266409 212420375 5952465401 6414591498 53670821 61992160 19075782 21221382 235416190 226770476 146818714 170994436 454981507 480978454 X 5497483894 5933613044 5497483894 5933613044 5952465401 6414591498 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4369 107584 111953 264314518 264426471 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 265464 435885 187825 111953 1001127 250000 250000 250000 250000 1000000 1500000 282 4369 4651 3 0 0 1800632 1 1 0 450000 X X X X 0 90516850 90516850 1137794875 429798985 707995890 51096286 38203841 12892445 44494385 44494385 855899570 HEDGE FUNDS 2053944000 F PRIVATE EQUITY FUNDS 796000000 F COMMINGLED FUNDS 521793000 F OTHER 35556698 F 3407293698 ACCRUED POST RETIREMENT 31861119 ACCRUED PENSION LIABILITY 101462977 DEFERRED COMPENSATION PLAN 4854340 AMOUNTS PAYABLE FOR SECURITIES PURCHASED 32816000 170994436 333754225 355665475 -21911250 489678827 -31638427 458040400 436129150 917587198 489678827 -15629756 474049071 443538127 19299975 -129083877 -109783902 333754225 455122231 134832958 134832958 320289273 19299975 16076227 35376202 355665475 Part III, Line 4: The Kamehameha Schools Art Collection includes over 500 art pieces that have been purchased, commissioned or acquired through donations. The pieces range from historical to contemporary and encompass a broad spectrum of media including sculpture, drawing, painting, printing and photography. The art collection is managed by the Kamehameha Schools 'Ike Hawai'i Art Consortium, a carefully selected group composed of faculty and staff members from throughout the organization. The primary focus of the consortium is to identify ways to share the KS Art Collection for educational purposes and to care for the collection. The consortium also oversees the acquisition of new art pieces through donation or acquisition. Kamehameha Schools has identified the following as the role of art within the institution: To inspire and educate To foster an appreciation and respect for artistic expression To embody the essence of Native Hawaiian language, culture, history, traditions and values The vast collection serves as a valuable educational resource for teachers and their students. Part XI, Line 8 - Other Adjustments: equity in earnings of subs: -6143894. cumulative effect of change in accounting principle: -25494533. Part XII, Line 2d - Other Adjustments: financial aid: -16148959. parking expense: -117708. in-kind rent: 190440. equity in earnings of subs: -6143894. activities of wholly owned subs (revenue): 6590365. Part XII, Line 4b - Other Adjustments: expense recoveries: 1692464. rental expense: -XXX-XX-XXXX. net premiums earned: 3188391. fundraising expense: -291821. benefits reallocation adjustment: -117104. recoverable property insurance: -71820. Part XIII, Line 2d - Other Adjustments: activities of wholly owned subs (expense): 5749080. expense recoveries: -1692463. rental expense: XXX-XX-XXXX. net premiums earned: -3188391. fundraising expense: 291821. benefits reallocation adjustment: 117104. recoverable property insurance: 71820. Part XIII, Line 4b - Other Adjustments: financial aid: 16148959. parking expense: 117708. in-kind rent: -190440. PART X: Line 2 FIN 48 disclosure: The organization adopted authoritative guidance for uncertainty in income taxes on July 1, 2009. Uncertain tax positions are evaluated utilizing a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. At June 30, 2010, management believes there were no significant uncertain tax positions. 1 1 1 THE NONDISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN A NEWSPAPER PUBLISHED IN THE STATE OF HAWAII THAT HAS GENERAL CIRCULATION IN THE STATE. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SOUTH ASIA (SEE SCHEDULE F, PART IV) INVESTMENTS CENTRAL AMERICA & CARIBBEAN (SEE SCHEDULE F, PART IV) INVESTMENTS EAST ASIA & THE PACIFIC (SEE SCHEDULE F, PART IV) INVESTMENTS EUROPE (SEE SCHEDULE F, PART IV) INVESTMENTS SOUTH AMERICA (SEE SCHEDULE F, PART IV) INVESTMENTS MIDDLE EAST & NORTH AFRICA (SEE SCHEDULE F, PART IV) INVESTMENTS NORTH AMERICA (SEE SCHEDULE F, PART IV) INVESTMENTS RUSSIA (SEE SCHEDULE F, PART IV) INVESTMENTS SUB-SAHARAN AFRICA (SEE SCHEDULE F, PART IV) INVESTMENTS 0 0 0 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: PER IRS PUBLISHED FAQ REGARDING SCHEDULE F, FOR 2008 AND 2009, ONLY COLUMNS (A) AND (D) OF SCHEDULE F, PART I, LINE 3 MUST BE COMPLETED WITH RESPECT TO INVESTMENTS; COLUMNS (B), (C), (E), AND (F) NEED NOT BE COMPLETED. DUE TO LIMITATIONS OF THE TAX RETURN SOFTWARE, THE COLUMNS CANNOT BE LEFT BLANK OR MARKED N/A AND ARE DEFAULTING TO SHOW ZEROS. HOWEVER, THESE COLUMNS SHOULD BE CONSIDERED 'N/A'. STUDENT FUNDRAISING 1065003 1065003 1000 3134 7629 54174 225884 1065003 1065003 1000 3134 7629 54174 225884 291821 773182 1 Ho'okako'o Corporation po Box 37755 Honolulu HI 96837 760717301 501(C)(3) 2784000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Department of Education po Box 2360 Honolulu HI 96804 501(C)(3) 1522359 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kanu O Ka Aina Learning Ohana po Box 6511 Kamuela HI 96743 990352665 501(C)(3) 1592901 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Alu Like Inc 458 Keawe st Honolulu HI 96813 510151095 501(C)(3) 1513582 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS University of Hawaii at Manoa 2500 Campus rd Honolulu HI 968222217 501(C)(3) 944013 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS InpeaceInstitute for Native P 1001 Kamokila Blvd ste 226 Kapolei HI 96707 990315193 501(C)(3) 2004588 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Hawaiian Educational Council 1585 Kapiolani Blvd Ste 1212 Honolulu HI 96814 990142666 501(C)(3) 2010 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Friends of the Leeward 92-1480 Aliinui Dr Kapolei HI 967072200 200090779 501(C)(3) 1295000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS University of Hawaii at Hilo 200 W Kawili St Hilo HI 967204091 501(C)(3) 253720 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Supporting the Language of Kauai PO Box 245 Lihue HI 96766 204088998 501(C)(3) 678514 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Aha Punana Leo 96 Puuhonu Place Hilo HI 96720 990226111 501(C)(3) 1107267 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Big Brothers Big Sisters 418 Kuwili st - ste 106 Honolulu HI 968175364 990109970 501(C)(3) 474050 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Makana O Liloa Foundation 401 Waiakamilo Rd Unit 1a Honolulu HI 968174955 050580950 501(C)(3) 415500 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS HAEYC Hawaii Chapter Honolulu 1806 S King st ste 30 Honolulu HI 96826 237425746 501(C)(3) 290700 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kakoo Ka Umeke Inc 400 Hualani St Ste 194 Hilo HI 967204378 432029008 501(C)(3) 589500 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Paepae O Heeia po Box 6355 Kaneohe HI 96744 710903791 501(C)(3) 363707 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS WAIPA FOUNDATION PO BOX 1516 HANALEI HI 96714 990313224 501(C)(3) 449905 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Ka'ala Farm Inc PO Box 630 Waianae HI 96792 990242181 501(C)(3) 168177 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Ka Huli O Haloa PO Box 1159 Kaneohe HI 967441159 753115246 501(C)(3) 281000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Ho'oulu Lahui PO BOX 2177 PAHOA HI 967782177 990323345 501(C)(3) 196899 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kanu I Ka Pono Inc PO BOX 12 Anahola HI 96703 990347359 501(C)(3) 257200 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Edith Kanaka'ole Foundation 1500 Kalanianaole Ave Hilo HI 967204914 990294540 501(C)(3) 150000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS PAPAHANA KUAOLA 41-888 KAKAINA ST WAIMAnalo HI 96795 202565007 501(C)(3) 290858 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS University of Hawaii Foundation 2444 DOLE ST BACHMAN HALL 105 HONolulu HI 96822 990085260 501(C)(3) 850000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Dollywood Foundation 1020 Dollywood Ln Pigeon Forge TN 378634113 621348105 501(C)(3) 50124 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Molokai Community Service Council PO Box 2047 Kaunakakai HI 96748 237426312 501(C)(3) 113239 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kualoa Heeia Ecumenical Youth 47-200 Waihee Rd Kaneohe HI 96744 990118209 501(C)(3) 7000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Ma Ka Hana Ka Ike po Box 968 Hana HI 96713 020556883 501(C)(3) 25000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Partners in Development Foundation 2040 Bachelot St Honolulu HI 96817 943271325 501(C)(3) 1405000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kupu 3569 Harding Ave Ste C honolulu HI 96816 510652665 501(C)(3) 403472 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kai Loa Inc 45-037 Kaneohe Bay Dr kaneohe HI 96744 201632545 501(C)(3) 318500 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Kanaka Aupuni A Niihau Aloha PO Box 690153 makaweli HI 96769 203044246 501(C)(3) 191000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Good Beginnings Alliance 33 S King Street Ste 200 honolulu HI 96813 943257650 501(C)(3) 181750 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Hawaii Ma'oli PO Box 1135 honolulu HI 968071135 943274865 501(C)(3) 159485 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Pacific American Foundation 146 HEKILI STREET STE 203 kailua HI 96734 541696134 501(C)(3) 52146 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Awaiaulu Inc PO Box 235896 honolulu HI 96823 263841515 501(C)(3) 25000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Hawaii Charter Schools Network PO Box 1494 pahoa HI 96778 990344930 501(C)(3) 15000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Hawaii Pacific University 1132 Bishop St Ste 307 honolulu HI 96813 990113930 501(C)(3) 10000 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS Queen Liliuokalani Children's Center (Liliuokalani Trust) 1300 Halona St honolulu HI 96817 990078890 501(C)(3) 8459 N/A N/A SUPPORT HAWAIIAN EDUCATIONAL ACTIVITIES AND PROGRAMS 39 SCHOLARSHIPS - PRESCHOOL 1854 8792109 N/A N/A SCHOLARSHIPS - KINDERGARTEN 340 1460463 N/A N/A SCHOLARSHIPS - POST-HIGH 2048 11166378 N/A N/A SCHOLARSHIPS - POST-BACCALAUREATE 175 2310000 N/A N/A FINANCIAL AID - KS STUDENTS IN PRESCHOOL TO GRADE 12 4613 16148959 N/A N/A Stipends and collaborations 171 196524 N/A N/A Other Information: Part IV: Grants to Organizations: The grants are made through a written agreement with at least annual reporting requirements by the organization who receives the grant. In addition, KS conducts on-site visits to help ensure the objectives of the grant are achieved. Grants to Individuals: (1) With respect to scholarships: scholarship awards are made through checks or funds transfer in the name of the individual and the recipients' schools and sent to the schools. Funds not used are returned to KS. The post-high scholarship recipients are also assigned a counselor who maintains regular contact with the recipient and provides any assistance and guidance to help them matriculate. (2) With respect to financial aid: financial aid for tuition, meals and fees is provided to students with a demonstrated financial need who actually enroll and attend KS schools. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dee Jay Mailer 483397 0 0 0 1290 0 34097 0 13214 0 531998 0 0 0 KIRK BELSBY 439900 0 0 0 690 0 25383 0 17836 0 483809 0 0 0 ANN BOTTICELLI 178543 0 0 0 782 0 17705 0 12853 0 209883 0 0 0 D ROD CHAMBERLAIN 240208 0 0 0 1290 0 30017 0 14979 0 286494 0 0 0 SYLVIA HUSSEY 145889 0 0 0 464 0 13129 0 20688 0 180170 0 0 0 MICHAEL LOO 270150 0 0 0 450 0 17785 0 23718 0 312103 0 0 0 CHRISTOPHER PATING 353041 0 0 0 450 0 16464 0 12020 0 381975 0 0 0 COLLEEN WONG 249648 0 0 0 1119 0 39251 0 16495 0 306513 0 0 0 MICHAEL CHUN 236815 0 0 0 1800 0 33046 0 3665 0 275326 0 0 0 LEE ANN DELIMA 190263 0 0 0 1202 0 21226 0 13905 0 226596 0 0 0 STANLEY FORTUNA JR 198249 0 0 0 32555 0 31576 0 10834 0 273214 0 0 0 DARREL HOKE 197153 0 0 0 2150 0 13776 0 10269 0 223348 0 0 0 ELIZABETH HOKADA 307857 0 0 0 1965 0 32672 0 13258 0 355752 0 0 0 PAUL QUINTILIANI 274374 0 0 0 517 0 18169 0 15839 0 308899 0 0 0 MICHAEL DANG 245333 0 0 0 781 0 24436 0 15918 0 286468 0 0 0 SUSAN TODANI 190815 0 0 0 747 0 25547 0 16097 0 233206 0 0 0 BURTON YUEN 190032 0 0 0 478 0 12311 0 11003 0 213824 0 0 0 HUNTER PRAYWELL 176046 0 0 0 289 0 10277 0 11212 0 197824 0 0 0 JULIAN AKO 141018 0 0 0 1624 0 24573 0 8767 0 175982 0 0 0 Supplemental Information Part III SCHEDULE J, PART I, LINE 1A - HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE NONTAXABLE ON-CAMPUS HOUSING WAS PROVIDED TO KEY EMPLOYEE DR. MICHAEL CHUN. THIS HOUSING WAS PROVIDED AS A CONDITION OF EMPLOYMENT to supervise and interact with students and, because the campus has boarding students, to be available at all times to manage and resolve issues arising from boarders. A HOUSING ALLOWANCE WAS PROVIDED TO KEY EMPLOYEE DR. STANLEY FORTUNA JR. THE ENTIRE AMOUNT OF SUCH HOUSING ALLOWANCE WAS INCLUDED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1A - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE ORGANIZATION PAYS CLUB DUES ON BEHALF OF KS OFFICER KIRK BELSBY for business use purposes and the employee pays for personal use, if any. see schedule o 0 see schedule o 0 see schedule o 0 see schedule o 0 see schedule o 0 see schedule o 0 bank of hawaii Michael Chun is a director of the entity and key employee of the org. 12728 Merchant service fees 0 first Hawaiian Bank dee Jay Mailer is a director of the entity and officer of the organization 144857 credit line 0 bank of hawaii michael Chun is a director of the entity and key employee of the org. 479191 Lease rents 0 bank of hawaii michael Chun is a director of the entity and key employee of the org. 45532 bank analysis fees 0 first Hawaiian Bank dee Jay Mailer is a director of the entity and officer of the organization 35391 Lease rents 0 first Hawaiian Bank corbett Kalama is an officer of the entity and trustee of the organization 144857 credit line 0 first Hawaiian Bank corbett Kalama is an officer of the entity and trustee of the organization 35391 Lease rents 0 hawaiian Electric Company diane Plotts is a director of the entity and trustee of the organization 858857 Lease rents 0 american savings bank diane Plotts is a director of the entity and trustee of the organization 694476 Lease rents 0 Form 990, Part VI, Section A, line 1 For purposes of determining independent with respect to the Form 990, each member of the governing body must satisfy a three-part test. One such part provides that the member was not involved in a transaction with the organization either directly or indirectly through an affiliation with another organization. Two members of Kamehameha Schools' governing body were involved, indirectly, in transactions with the organization solely through their affiliation with another organization as director or officer of that other organization - Trustee Diane Plotts through her affiliation as a director of Hawaiian Electric Industries Inc. (Note: Trustee Plotts retired from the Board of Directors at Hawaiian Electric Industries as of May 2010) and Corbett Kalama through his affiliation as an officer of First Hawaiian Bank. Specifically, Trustee Plotts is not considered independent due to lease rent arrangements between KS (in which Diane Plotts is a Trustee) and two other organizations in which Trustee Plotts is a Director. Trustee Kalama is not considered independent due to lease rent and credit line arrangements between KS (in which Corbett Kalama is a Trustee) and another organization in which Trustee Kalama is an officer. Neither Trustee approved or participated in the transactions either as a Trustee of KS (KS' conflict of interest policy precludes their participation at KS) or in their respective roles at the other organizations. The trustees are selected by the Probate Court, which appoints members of a screening committee under the court's control to receive applications for a trustee vacancy, screen such applicants and recommend appropriate individuals to the court for the court's final selection. Form 990, Part VI, Section A, line 2 BISHOP HOLDINGS CORP- CORBETT KALAMA, DEE JAY MAILER, J. DOUGLAS ING, MICAH KANE (BUSINESS RELATIONSHIP - bishop holdings is a subsidiary of parent organization Kamehameha Schools and these individuals serve with others on the Board) CHARLES REED BISHOP TRUST- CORBETT KALAMA, DIANE PLOTTS, C. NAINOA THOMPSON, J. DOUGLAS ING, ROBERT KIHUNE, MICAH KANE (BUSINESS RELATIONSHIP - These individuals serve on the board of the Charles Reed Bishop Trust) FIRST HAWAIIAN BANK- CORBETT KALAMA AND DEE JAY MAILER (BUSINESS RELATIONSHIP - Corbett Kalama is an executive at First Hawaiian Bank and Dee Jay Mailer is a member of the Board) KAMEHAMEHA INVESTMENT CORP- CORBETT KALAMA, DEE JAY MAILER, J. DOUGLAS ING (BUSINESS RELATIONSHIP - Kamehameha Investment Corporation is a 2nd tier subidiary of Kamehameha Schools and these individuals serve with others on the Board) KE ALII PAUAHI FOUNDATION- J. DOUGLAS ING, CORBETT KALAMA, ROBERT KIHUNE, MICHAEL LOO, DEE JAY MAILER, DIANE PLOTTS, C. NAINOA THOMPSON, MICAH KANE (BUSINESS RELATIONSHIP - Ke Ali'i Pauahi Foundation is a tax-exempt support organization to Kamehameha Schools with the Trustees and various officers of Kamehameha Schools serving as the Board of Directors of the foundation or its officers) PAUAHI MANAGEMENT CORP- CORBETT KALAMA, DEE JAY MAILER, J. DOUGLAS ING (BUSINESS RELATIONSHIP - Pauahi Management Corporation is a 2nd tier subsidiary of Kamehameha Schools and these individuals serve with others on the Board) POLYNESIAN VOYAGING SOCIETY- CORBETT KALAMA AND C. NAINOA THOMPSON (BUSINESS RELATIONSHIP - these individuals serve on the Board of the Polynesian Voyaging Society) Form 990, Part VI, Section B, line 11 The 5-step review process prior to the return being filed consists of the following: The return is first reviewed by the tax department, staff from the Controllers' division and staff from the Endowment Group. Then the return is reviewed by the Vice President of Legal, the VP of Finance and Administration and the VP of Communications and Community Relations. Then the return is provided to the CEO for review. Then a meeting is arranged with the CEO, representatives from the tax department and the third party tax return preparer to review the return in more detail with the CEO. Finally, the tax department, the tax return preparer, and the CEO review the return in detail with the Trustees, who give final approval to file the return. Form 990, Part VI, Section B, line 12c Compliance is accomplished as follows: Action requiring approval by the CEO or Trustees must be submitted via an internal form, Request for Action ("RFA"), that includes a section on conflict of interest review, which is conducted by the legal department and any conflicts are disclosed on the RFA. In order to do a conflict check, each year the legal group sends out a request to the Trustees and members of executive management to complete an Annual Disclosure form in which they disclose their family members and organizations in which they are shareholders (other than publicly traded companies) or where they serve as an officer or director. Individuals are required to report any changes to their Annual Disclosure during the year to legal. The legal group then maintains a database of the disclosures for use in determining whether an individual has a conflict in a decision before him or her. For decisions delegated to Vice Presidents or staff below a Vice President, the RFA requires disclosure of third parties involved in the matter to be approved and the requestor must then conduct a conflict check and note whether there is any conflict. Those who have a conflict may not approve the transaction. Form 990, Part VI, Section B, line 15 The CEO's compensation is approved each year by the Board of Trustees, who are all independent persons. As part of the approval process, the human resource division of KS prepares an internal document (a request for approval, the "RFA") for the Trustees approval. The RFA includes a current compensation report with benchmarks and comparability data prepared by an independent expert, unless the requested compensation is within the comparability information provided by the expert from the previous year. The RFA also includes justification for the recommended compensation. The Trustees then review the RFA, deliberate and make a decision. The minutes of the Trustees meeting and decision are retained. The compensation of other officers and key employees is determined in the same manner as above for the CEO. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: EACH YEAR THE TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS MUST SUBMIT THEIR ACCOUNT FOR THE YEAR TO THE PROBATE COURT IN HONOLULU, HAWAII FOR APPROVAL. AS PART OF THAT PROCESS, THE GOVERNING DOCUMENT (THE WILL AND CODICILS) AND THE AUDITED FINANCIAL STATEMENTS ARE PUBLICLY AVAILABLE AND CAN ALSO BE PROVIDED UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. Form 990, Part IV, line 12 and Part XI, line 2d The independently audited financial statements of Kamehameha Schools are consolidated with those of its wholly-owned subsidiaries (e.g. Bishop Holdings Corporation, etc.) and therefore not issued on a separate basis. Supplement to Form 990, part VII, section A Officers, directors, trustees, key employees & highest compensated employee The actual number of hours per week devoted to position ranges from 40 to 60 hours for officers and directors, and 20 to 40 hours for trustees. 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