Hawaii Community Foundation
HCF Financials

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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

HCF EIN 99-0261283

Financial Statements – December 31, 2019 and 2018

Financial Statements – December 31, 2018 and 2017

Form 990 - 2019
Form 990 -T- 2019

Hawaii Community Foundation's Annual Reports