Hawaii · Nonprofit
HOIWAI FUND
HOIWAI FUND (Hawaii) receives grants from 16 organizations whose IRS filings report $522,298 to it, the largest being FROST FAMILY FOUNDATION ($120,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $445k
- Funders on record
- 16
- Grants received
- $522k
- Net assets
- $339k
What Hoiwai Fund does
Mission
Serves as a convener, trainer, resource center, service provider and advocate for philanthropic issues of interest to Hawaii donors.
As stated on its FY2024 Form 990.
Programs
Funder Hui Fiscal Sponsorship - Provide programs and services for hui members and the broader philanthropic and nonprofit sectors. Participants include private, family, community and public foundations, quasi-government organizations and corporate giving programs. The work of Funder Hui includes: Working Groups - Our four working groups meet regularly outside of our events. They provide a key pillar of member participation within Funder Hui that have blossomed into a crucial platform of collaboration. These working groups are only organized and facilitated by Funder Hui members, providing a platform for leadership and impact for leading foundations. Working groups also provide a place for community groups, non-profits, and community experts to work together around shared priority areas. Learning Calls - Our monthly learning calls have grown to reflect the diverse interest of our members and community partners, shifting between the HOW of philanthropy and innovative examples of trust-based philanthropy in action. In this way, our educational programming has emerged as a toolkit for our members and partners to leverage. Events - Our events are a key pillar to our work. Since Funder…
$258,644 spent$322,632 earned by the program71% of program spendingCreate and establish a philanthropic intermediary. Developed programing includes cohort supported peer learning, various issue-specific funder tables and a capacity building learning community.
$101,783 spent$121,755 earned by the program28% of program spendingProject Thesis Fiscal Sponsorship - Women's learning circle committed to increasing the dedicated financial and intellectual capital invested in women-leadership in Hawaii through training and learning seminars.
$6,283 spent2% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $366,710.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $177k to $299k (+69%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Cheryl Ka'uhane Lupenui
Board Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $89k → $121k.
1 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HOIWAI FUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HOIWAI FUND has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOIWAI FUND.
Largest funder’s share by year: 2021 66% · 2022 63% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
56% of HOIWAI FUND's grant income comes from Hawaii funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $118k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like HOIWAI FUND
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Hawaii
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HOIWAI FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HOIWAI FUND?
- HOIWAI FUND (Hawaii) receives grants from 16 organizations whose IRS filings report $522,298 to it, the largest being FROST FAMILY FOUNDATION ($120,000). 5 of them have funded it in more than one year.
- How many funders does HOIWAI FUND have?
- IRS filings report 16 organizations giving $522,298 in grants to HOIWAI FUND, 5 of which have funded it in more than one year.
- Who is the largest funder of HOIWAI FUND?
- FROST FAMILY FOUNDATION is the largest funder on record, with $120,000 in grants. The full list of funders is on this page.
- How can an organization like HOIWAI FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Hawaii. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing