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Kaneta Foundation is a private corporation based in HONOLULU, HI. The foundation received its IRS ruling in 1999. It holds total assets of $3.7M. Annual income is reported at $1.8M. THE FOUNDATION, IN PARTNERSHIP WITH THE UNIVERSITY OF HAWAII FOUNDATION AND THE KAPIOLANI COMMUNITY COLLEGE (KCC), HAS NARROWED ITS FOCUS TO THE AT-RISK COMMUNITY. WITH THE FORMATION OF THE "LUNALILO SCHOLARS PROGRAM" AT KCC, STUDENTS RECEIVE A ONE-YEAR TUITION ASSISTANCE PROGRAM THAT INCLUDES A RANGE OF SOCIAL SERVICES THAT PROVIDES TRANSFORMATIVE COLLEGE EXPERIENCES. THE INTENSIVE SUPPORT SYSTEM IS DESIGNED TO ASSIST THE STUDENTS IN OVERCOMING THE MANY PERSONAL AND ACADEMIC CHALLENGES. THE STUDENTS MUST PARTICIPATE IN A SUMMER BRIDGE PROGRAM TO HELP THEM BOND WITH THEIR PEER COHART AND TO PREPARE THEMSELVES FOR THEIR FIRST YEAR AT COLLEGE. According to available records, Kaneta Foundation has made 10 grants totaling $1.1M, with a median grant of $10K. Annual giving has grown from $240K in 2020 to $308K in 2023. Grantmaking activity was highest in 2022 with $310K distributed across 2 grants. Individual grants have ranged from $3K to $300K, with an average award of $108K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Hawaii and Nevada. Contributions to this foundation are tax-deductible.
THE FOUNDATION, IN PARTNERSHIP WITH THE UNIVERSITY OF HAWAII FOUNDATION AND THE KAPIOLANI COMMUNITY COLLEGE (KCC), HAS NARROWED ITS FOCUS TO THE AT-RISK COMMUNITY. WITH THE FORMATION OF THE "LUNALILO SCHOLARS PROGRAM" AT KCC, STUDENTS RECEIVE A ONE-YEAR TUITION ASSISTANCE PROGRAM THAT INCLUDES A RANGE OF SOCIAL SERVICES THAT PROVIDES TRANSFORMATIVE COLLEGE EXPERIENCES. THE INTENSIVE SUPPORT SYSTEM IS DESIGNED TO ASSIST THE STUDENTS IN OVERCOMING THE MANY PERSONAL AND ACADEMIC CHALLENGES. THE STUDENTS MUST PARTICIPATE IN A SUMMER BRIDGE PROGRAM TO HELP THEM BOND WITH THEIR PEER COHART AND TO PREPARE THEMSELVES FOR THEIR FIRST YEAR AT COLLEGE.
Expenses: $200K
THE FOUNDATION ALSO AWARDS GRANTS TO COMMUNITY PROGRAMS IN HAWAII AND NEVADA. IN 2021 IT MADE A COMMUNITY AWARD TO THE UNIVERSITY AVENUE BAPTIST CHURCH AND SPRING VALLEY BAPTIST CHURCH.
Expenses: $20K
THE FOUNDATION, IN PARTNERSHIP WITH THE UNIVERSITY OF HAWAII FOUNDATION AND THE KAPIOLANI COMMUNITY COLLEGE (KCC), HAS NARROWED ITS FOCUS TO THE AT-RISK COMMUNITY. WITH THE FORMATION OF THE "LUNALILO SCHOLARS PROGRAM" AT KCC, STUDENTS RECEIVE A ONE-YEAR TUITION ASSISTANCE PROGRAM THAT INCLUDES A RANGE OF SOCIAL SERVICES THAT PROVIDES TRANSFORMATIVE COLLEGE EXPERIENCES. THE INTENSIVE SUPPORT SYSTEM IS DESIGNED TO ASSIST THE STUDENTS IN OVERCOMING THE MANY PERSONAL AND ACADEMIC CHALLENGES. THE STUDENTS MUST PARTICIPATE IN A SUMMER BRIDGE PROGRAM TO HELP THEM BOND WITH THEIR PEER COHART AND TO PREPARE THEMSELVES FOR THEIR FIRST YEAR AT COLLEGE. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in HI, NV.
Kaneta Foundation has distributed a total of $1.1M across 10 grants. The median grant size is $10K, with an average of $108K. Individual grants have ranged from $3K to $300K.
The application deadline is ONLINE APPLICATIONS AND REFERRALS: 11:59 PM, APRIL 22, 2022 PAPER APPLICATIONS: APRIL 22, 2022. THE RECIPIENT MUST: 1. BE A FIRST-YEAR STUDENT ENROLLED AT KAPIOLANI COMMUNITY COLLEGE WITH A MINIMUM OF 9 CREDIT HOURS. 2. HAVE A HIGH SCHOOL DIPLOMA OR GED. 3. BE A HAWAII RESIDENT.
Kaneta Foundation is headquartered in HONOLULU, HI. While based in HI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lester Kaneta | PRESIDENT | $0 | $0 | $0 |
| Marian Kaneta | SECRETARY | $0 | $0 | $0 |
Total Giving
$344K
Total Assets
$3.8M
Fair Market Value
$4.3M
Net Worth
$3.8M
Grants Paid
$308K
Contributions
$0
Net Investment Income
$60K
Distribution Amount
$0
Total: $3.2M
Total Grants
10
Total Giving
$1.1M
Average Grant
$108K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Hawaii FoundationSCHOLARSHIPS FOR "LUNALILO SCHOLARS PROGRAM" | Honolulu, HI | $300K | 2023 |
| 'A'Ali'I MentoringSUPPORT GENERAL FUND | Honolulu, HI | $5K | 2023 |
| Rotary Club Of Southwest Las VegasCLUB SCHOLARSHIP | Las Vegas, NV | $3K | 2023 |
| University Avenue Baptist ChurchSUPPORT GENERAL FUND | Honolulu, HI | $10K | 2022 |
| Spring Valley Baptist ChurchSUPPORT GENERAL FUND | Las Vegas, NV | $10K |
COLCHESTER, VT
COSTA MESA, CA
HONOLULU, HI
HONOKAA, HI
KILAUEA, HI
| 2021 |
| Rotary District 5000 FoundationGENERAL FUND | Honolulu, HI | $3K | 2020 |
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