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Honolulu Academy of Arts Endowment
Anna Rice Cooke established the endowment in 1922 when she donated land and initial capital to create the Honolulu Academy of Arts. The fund traces its origin...
Honolulu Academy of Arts Endowment
Anna Rice Cooke established the endowment in 1922 when she donated land and initial capital to create the Honolulu Academy of Arts. The fund traces its origin to the Cooke family fortune and continues to back the institution now known as the Honolulu Museum of Art. The endowment holds an estimated $90 million and directs resources toward museum operations, art education, and permanent collection care. It owns the main campus at 900 South Beretania Street, the Spalding House site, and the Linekona school facility. Geographic focus remains Hawaii with no disclosed external mandates. Sutanto Widjaja serves on the investment committee while holding the CIO role at Farther Institutional. Kelly Sueda acts as trustee. Halona Norton-Westbrook leads the museum as director and CEO. The endowment maintains memberships in the American Alliance of Museums and the Association of Art Museum Directors. The structure ties investment oversight directly to museum governance through the Cooke Foundation, Ltd. rather than an independent investment office.
General information
Firm type
Endowment / Foundation
Year founded
1922
Location
Region
North America
Country
United States
City
Honolulu
Corporate office
Honolulu, Hawaii, United States
Principals
Anna Rice Cooke
Founder
Sutanto Widjaja
Member of the Investment Committee
Kelly Sueda
Trustee
Halona Norton-Westbrook
Director and CEO
Sector focus
Frequently asked questions
Who sits on the investment committee?
Sutanto Widjaja serves as a member while acting as CIO of Farther Institutional.
What assets does the endowment directly control?
It holds the museum's main campus, Spalding House, Linekona school building, and multiple named collections including the James A. Michener and Samuel H. Kress holdings.
How is the endowment linked to the Cooke Foundation?
The Cooke Foundation, Ltd. appears as an adjacent philanthropic vehicle tied to the same founding family.
What professional associations does the institution maintain?
Accredited membership exists with the American Alliance of Museums and the Association of Art Museum Directors.
Where does the underlying capital originate?
The endowment was seeded by Anna Rice Cooke and Charles Montague Cooke at the museum's founding.
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