16-Header-Utility

Hawaii Community Foundation
HCF Financials

Header Logo Icon red

Hawaii Community Foundation’s capacity to serve the community is tied directly to its ability to preserve and enhance the financial assets that it stewards.

HCF has established a relationship with The Vanguard Group, Inc. for the management of its corporate fund assets. Fund assets held in trust are managed by one of the Foundation’s corporate trustee partners: Bank of Hawaii, First Hawaiian Bank, and Central Pacific Bank. As stewards of these assets, the investing is guided by prudent policies that have a long-term and perpetual time horizon, protect principal, and provide for a reasonable investment return and growth.

HCF's primary sources of operating revenue come from:

  • A one-time and/or administrative fees on donor gifts
  • Contractual fees earned from providing philanthropic services to other grantmakers or organizations

HCF's Board of Governors is responsible for overseeing all significant fiscal matters including operational budgets, discretionary grantmaking, financial reporting and controls. Separate committees composed of board members and assisted by staff and independent consultants exercise additional monitoring over investment activities, external audit, and risk assessment.

HCF Financial Information

Financial Statements - December 31, 2017 and 2016
Financial Statements - December 31, 2016 and 2015

Form 990 - 2016
Form 990 -T- 2016

Hawaii Community Foundation's Annual Reports