Roy H & Lorraine M Okumura Foundation in Kahului Maui, Hawaii (HI)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Hawaii
| Roy H & Lorraine M Okumura Foundation | |
| Employer Identification Number (EIN) | 270790491 |
| Name of Organization | Roy H & Lorraine M Okumura Foundation |
| Address | PO BOX 517, Kahului Maui, HI 96733-7017 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2014 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,101,908 |
| Amount of Income | $2,063,178 |
| Form 990 Revenue Amount | $2,063,178 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $2,063,178 | $13,186 | $0 | |
| Contributions, gifts, grants, etc., received | $2,049,992 | |||
| Interest on savings and temporary cash investments | $4 | |||
| Dividends and interest from securities | $13,182 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $1,539 | $0 | $0 | $0 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $1,539 | $0 | $0 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $2,061,639 | |||
| Net investment income | $13,186 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,101,908 | $2,101,908 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $1,976,038 | |
| Other | $125,870 | |
| Total liabilities | $1,539 | |
| Mortgages and other notes payable | $0 | |
| Other | $1,539 | |
| Total liabilities and net assets/fund balances | $2,100,369 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $264 |
| Total credits and payments | $2,000 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $2,000 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $1,736 |
| Amount to be credited to 2013 estimated tax | $1,736 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $2,076,434 |
| Net value of noncharitable-use assets | $2,045,280 |
| Minimum investment return | $102,264 |
| Distributable Amount (for 2012) | |
| Distributable amount | $102,000 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $102,000 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $102,000 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Hawaii | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Roman Catholic Church Of St Anthony Of Padua | 148 Makawao St Ste A, Kailua, HI 96734-5828 | HI | 1946-03 | $0 |
| 2 | Roosevelt Band Booster Club | 1120 Nehoa Street, Honolulu, HI 96822 | HI | 1975-02 | $0 |
| 3 | Rotary International, Rotary Club Of East Honolulu | PO BOX 10401, Honolulu, HI 96816 | HI | 1966-09 | $26,830 |
| 4 | Rotary International, Kaneohe Rotary | 45-480 Kaneohe Bay Drive Bldg H, Kaneohe, HI 96744 | HI | 1942-09 | $0 |
| 5 | Rotary International, Rotary Club Of Kapolei Sunset | 590 Farrington Hwy Suite 524, Kapolei, HI 96707 | HI | 1942-09 | $0 |
| 6 | Rotary International, Pahoa Sunset Hi | PO BOX 2071, Pahoa, HI 96778-2071 | HI | 1942-09 | $0 |
| 7 | Rotary International, Rotary Club Of Pearl Harbor | 150 Country Club Drive, Honolulu, HI 96817 | HI | 1942-09 | $0 |
| 8 | Rotary International | Po Box 995, Koloa, HI 96756 | HI | 1942-09 | $0 |
| 9 | Rotary International | Po Box 700593, Kapolei, HI 96709 | HI | 1958-05 | $0 |
| 10 | Rounders Basketball Clinic | 2226 Cooper Road B, Honolulu, HI 96822 | HI | 2010-04 | $0 |
| 11 | Roy H & Lorraine M Okumura Foundation | PO BOX 517, Kahului Maui, HI 96733-7017 | HI | 2014-07 | $2,063,178 |
| 12 | Royal Lanai Yacht Club | PO BOX 631514, Lanai City, HI 96763 | HI | 1999-10 | $0 |
| 13 | Royal Order Of Jesters, Aloha Court #1 | 94-439 Papolohiwa St, Mililani, HI 96789 | HI | 1941-12 | $19,099 |
| 14 | Ruth E Heidrich Charitable Remainder Unitr 050197 | 640 Ulukahiki St, Kailua, HI 96734-4454 | HI | $0 | |
| 15 | Ruth M Isaak Charitable Remainder Unitrust 061198, Lyle Earl B & Ruth M Isaak Ttee | 27 Moloaa St, Honolulu, HI 96825-2141 | HI | $0 | |
| 16 | Ruth R Y Miyashiro Charitable Remainder Unitrust, Ruth R Y Miyashiro Ttee | 1434 Punahou St Apt 808, Honolulu, HI 96822-4735 | HI | $0 | |
| 17 | S Y D Hawaii | PO BOX 1573, Honolulu, HI 96806-1573 | HI | 1978-07 | $0 |
| 18 | Sacred Hearts Of Jesus And Mary Parish | PO BOX 784, Lanai City, HI 96763 | HI | 1946-03 | $0 |
| 19 | Safe Harbor Ministries | 1001 Dillingham Blvd Ste 311, Honolulu, HI 96817-4551 | HI | 1987-07 | $0 |
| 20 | Sahayog Foundation | 695 Kalalea St, Honolulu, HI 96825 | HI | 2006-06 | $0 |
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