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Hawaii Community Foundation
Hawaii Community Foundation was established in 1916. Terry George holds the role of President and CEO. The organization operates as a statewide grantmaker that...
Hawaii Community Foundation
Hawaii Community Foundation was established in 1916. Terry George holds the role of President and CEO. The organization operates as a statewide grantmaker that receives donor contributions and maintains over 1,160 separate funds. The foundation deploys capital through grants, mutual funds, corporate bonds valued at $40.9 million, U.S. Treasury holdings of $34.4 million, and real property assets held via HCF Land Holding LLC. It maintains the Maui Strong Fund, which raised over $200 million for wildfire recovery, and accepts cryptocurrency donations for liquidation and grant use. Geographic activity centers on Hawaii with additional exposure across the United States. Named holdings include the Laila Twigg-Smith Art Fund and interests in the Social Impact Investment Fund. The organization employs 51 professionals at its Honolulu headquarters. It maintains relationships with Bank of Hawaii, First Hawaiian Bank, and Central Pacific Bank as corporate trustees. In November 2024 the foundation participated as a speaker at the Hawaii Tax Institute covering charitable giving and cryptocurrency topics. Adjacent vehicles include the Hawaii Resilience Fund established in 2020 and multiple named donor funds such as the Jack and Marie Lord Funds. The foundation structure includes a wholly owned Social Impact Investment Fund that holds limited partnership interests in operating businesses and venture vehicles. Governance features a board drawn from Hawaii financial institutions and direct beneficiary status in the Parker Ranch Foundation Trust for certain art assets.
General information
Firm type
Endowment / Foundation
Year founded
1916
Location
Region
North America
Country
United States
City
Honolulu
Corporate office
827 Fort Street Mall, Honolulu, HI 96813
Principals
Terry George
President and CEO
Tamar Chotzen Goodfellow
Chair of the Board of Governors
Peter Ho
Vice Chair
Sector focus
Frequently asked questions
Who runs investment decisions at Hawaii Community Foundation?
Terry George serves as President and CEO. The board includes Tamar Chotzen Goodfellow as Chair and Peter Ho as Vice Chair. External trustees from Bank of Hawaii, First Hawaiian Bank, and Central Pacific Bank manage portions of the portfolio.
Does Hawaii Community Foundation participate in fund commitments or only direct deals?
The foundation holds limited partnership interests through its Social Impact Investment Fund in entities including Council for Native Hawaiian Advancement and Hawaii Community Lending. It also maintains direct ownership of real estate via HCF Land Holding LLC.
What asset classes does Hawaii Community Foundation hold?
Holdings include mutual funds, investment-grade corporate bonds, U.S. Treasury securities, commercial real estate, contemporary art collections, and cryptocurrency donations. The foundation also maintains oil and gas limited partnership interests.
How does Hawaii Community Foundation source grant and investment opportunities?
Opportunities arise through donor-advised funds, partnerships with local nonprofits, and direct relationships with Hawaii banks and community organizations. The Maui Strong Fund and Hawaii Resilience Fund were created in response to specific events.
Where does Hawaii Community Foundation maintain its primary operations?
Operations are based at 827 Fort Street Mall in Honolulu. The foundation holds additional real property through HCF Land Holding LLC and participates in events across the state.
What recent grantmaking activity has Hawaii Community Foundation conducted?
In 2023 the foundation distributed $107.4 million in grants. The Maui Strong Fund raised over $200 million for wildfire recovery efforts that began in 2023.
Does Hawaii Community Foundation accept non-cash assets?
The foundation accepts cryptocurrency donations through facilities that support Bitcoin and Ethereum. It also holds art collections and real estate assets contributed by donors.
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