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2006 HCF AR.Pdf 2005 Grants and Contracts Summary . 22 Contents Giving back through the Hawai‘i Community Foundation . 24 Advancing the Nonprofit Sector . 25 A Message to Our Friends and Partners . 2 Services to Other Foundations . 27 Milestones . 2 Legacy Society . 28 2006 Board of Governors . 6 2005 Donors . 29 Neighbor Island Leadership Councils . 8 2005 Charitable Funds . 31 2005 Volunteer Advisory Committees Because It’s Our Home and Boards . 36 KANU HAWAI‘I Statement of Assets, Liabilities Building a sustainable future . 11 and Net Assets . 39 LIVE ALOHA Revenues and Expenses A rally call to strengthen the Hawai‘i and Changes in Net Assets . 40 we love and value . 13 Financial Statements and Notes . 41 ROBERT WATTS, SR. Once home, always home . 15 Staff List . 48 - LANA‘I WOMEN’S CENTER Stewards of the Community . 49 Creating community through empowering women . 17 JON AND ELEYNE FIA Teaching by giving . 19 BecauseIt’s WAHIOLANONA‘OPIO Healing our children at home . 21 OurHome OurM ission Hawai‘i Community Foundation helps people make a difference by inspiring the spirit of giving and by investing in people and solutions to benefit every island community. A Message to Our y e a r s Friends and Partners 90and counting T — he year 1916 marked the beginning of The Hawaiian Foundation, the predecessor to what is now known as the Hawai‘i Community Foundation one of the oldest community foundations in the country. In looking back on the past 90 years, it is both amazing and inspiring to see how far we’ve come. President & CEO Chairman In 1923, the Foundation received its first gift from Rose Makee Tenney to be used for education, scientific research and care of the sick and elderly. Today, in addition to Ms. Tenney’s gift, we are privileged to be the steward of 450 funds, each with its own purpose and unique story behind it. In 1931, the first scholarship of $1,510 was awarded to Ms. Theodora A. Floyd to study teaching y e a r s atof Columbia Service University. Last yearto alone, the the Foundation Community distributed $3 million in scholarships Kelvin H. Taketa Robert R. Bean to 1,500 students attending colleges or universities in Hawai‘i or on the mainland, making it the second largestMarks private the beginning scholarship of The provider Hawaiian in the state.1928 1931 Foundation, the predecessor to what is Designated funds Foundation assets 1916 now known as the Hawai‘i Community received for the total $50,897.50. 90 Foundation, one of the oldest community first time. Irene The first scholarship Hawai‘i foundations in the country. Holloway donates of $1,510.65 awarded $10,000 for to Miss Theodora A. Community 1923 Lunalilo Home Floyd, a nurse, to HCF receives its first gift from Rose Makee Tenney for aged and attend Teachers’ Foundation to be used for unrestricted purposes including the indigent Native College at Columbia promotion of education, scientific research, care Hawaiians. University. of the sick, aged or helpless and improving living Milestones conditions regardless of race, color or creed. 2 HAWAI‘I COMMUNITY FOUNDATION Because it’s our home In 1989, the Foundation began developing grantmaking programs that reflected donor interests and community opportunities. aloha Today, we administer nearly $30 million in grants and contracts for We all choose to live, work and play in Hawai‘i for different reasons. worthwhile programs and initiatives. We are also the principal funder of Maybe it’s because we’ve lived here all of our lives and want to remain leadership development and capacity building for nonprofit organizations close to our family. Or perhaps we visited and fell in love with the throughout Hawai‘i. In addition, the level of complexity of what we do islands and have never wanted to leave. It could be the unparalleled has grown significantly. As one example, we’ve assumed the role of — — natural beauty; the blending of many cultures or people filled with — convener for statewide initiatives aimed at combating problems such the spirit. as the use of crystal methamphetamine. Regardless of the reason, Hawai‘i is home for all of us. While we are As the Foundation celebrates its ninth decade of investing in the lives fortunate to live here, we also share a responsibility to preserve and of people and communities throughout the state, there’s one thing that develop those qualities of Hawai‘i that will make it the place where remains constant. Throughout our history, experience has shown that 1936 future generations1971 will also want to live.1987 The concerns that need Theno matter Lillian K.what Wilder form Fund it takes established,time, talent or financial resources addressingAttorneys are mounting file for homelessness,Reorganization traffic, environmental of the Foundation thegiving first that gift comesto help as needy a result people of caring in individuals, businesses and degradation,recognition the growing by the gap IRS between theto corporaterich and poor,form substancewith multiple Hawai‘iorganizations, with preference improves to the people quality of of life for all of us. Alice B. Soper leaves in compliance with the trustees and a Board of Governors. Hawaiian ancestry. $129,000 in propertyabuse, the1969 high Tax cost Reform of living Act andas publicThe school Hawaiian reform, Foundation among others. renamed 196to the Foundation6 a community trust and Hawai‘i Community Foundation. 1943 1944 to be used for the not a private foundation. Robert E. Black dies and bequeaths The Honolulu The Cyril Smith Royal School Fund “aged who are sickly, the largest discretionary Star-Bulletin starts provides milk to students from low infirm, or helpless 1977 Ruling by the IRS endowment in Hawai‘i’s history the Wallace Rider income families. When the federal and without adequate with more than $60 million to Farrington Memorial government starts subsidizing funds of their own.” confirms that the Foundation is a the Foundation. His desire is Scholarship to help school meals, the Board exercises for the income from the fund Farrington High its power to redirect fund income publicly supported organization. to support four areas of charity graduates attend the to a similar charitable purpose for – health, residential treatment, University of Hawai‘i. the same beneficiaries. culture and private education. 3 Because It’s Our Home • 2006 ANNUAL REPORT 2005 –Building Momentum But just as the Hawai‘i Community Foundation has been working side by side for the past 90 years with the people, businesses and organizations focused on finding contemporary solutions to community 2005 can be characterized as a year in which we built upon the issues, we plan to be there alongside them for decades to come. initiation of projects, programs and strategies of previous years. With the successful launch on Hawai‘i Island in 2003 of the public-private Live Aloha The stories in this annual report highlight the individuals and partnership focused on combating the crystal methamphetamine (ICE) organizations that are working to make everything that we love about problem, we were able, with the help of U.S. Senator Daniel K. Inouye, Hawai‘i, better, including a group of optimistic, young leaders who are to expand that initiative to include Kaua‘i and Maui Counties. In a starting a social movement to build a sustainable future for the state; similar fashion, we were able to use our experience with the Tobacco a married couple of modest means who establishes a scholarship Trust Fund to design and launch a comprehensive media and quit-line fund for high school students to attend college; a group of prominent effort focused on tobacco cessation. community leaders who encourages residents to ; a man who continues to support the historic town in which he and his family We continued to refine several of our programs and strategies last year used to live; a substance abuse treatment center for youth on the including the addition of a new partner, the Case Foundation, to bolster Island1988 of Hawai‘i that keeps them close to home; and an island-wide1992 the level of thinking among nonprofit1995 leaders around social enterprise The Board of Governors elects HCF grows to $166 HCF assets grow to more than Jameseffort toF. Garyprovide as its needed first President healthcare services1991 for women. We hopemillion that at the endstrategies. of We also launched our new$216 Vocational million and Education awards Scholarship1,326 theyand appoints inspire youJane as Renfro much Smith as they haveFirst us. Hawaiian Bank 1992 from $12 millionProgram as a complement to our alreadyscholarships robust worthscholarship more thanprogram Chief Executive Officer. First Donor becomes a corporate in assets in 1988.focused on higher education. $1.4 million to Hawai‘i students. Advised Fund, the Sheridan C.F. Ing trustee. Fund, established on January 11. The Parker Ranch From 1993 - 1995, First public-private partnership 1HCF9 awards93 grants established with the Hawai‘i Foundation Trust 1989 established under averaging in excess Children’s Trust Fund with the Hawaiian Trust Company, Ltd. (Bank of Hawai‘i), the the Will and Trust of $9 million per mission of preventing child sole trustee of the Foundation for 72 years, is joined of Richard Smart year. Fund accounts neglect and child abuse. The by Bishop Trust Company as a corporate trustee. HCF begins and with the mission at HCF grow to 100. Department of Health serves developing grantmaking programs reflecting donor interests of maintaining and as the lead agency for the and community opportunities. Over $900,000 is committed improving a unique public sector and HCF provides to a three-year demonstration project in Early Education quality of life in oversight of the endowment. and Care. Kamuela, Hawai‘i. 4 HAWAI‘I COMMUNITY FOUNDATION Looking Ahead 2005 can also be described as the year when our commitment to build - theThe philanthropicHonolulu Advertiser, assets of the community,Kokua Calendar and not just“Making the Foundation, reallya Difference” took hold.
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