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Palama Scholarship Foundation Inc. is a private corporation based in HONOLULU, HI. The foundation received its IRS ruling in 2000. The principal officer is Thomas Kim Cpa Inc.. It holds total assets of $116K. Annual income is reported at $36K. Total assets have grown from $47K in 2011 to $116K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. Tax records are available from 2020 to 2024. According to available records, Palama Scholarship Foundation Inc. has made 19 grants totaling $300K, with a median grant of $5K. Annual giving has decreased from $77K in 2020 to $53K in 2023. Grantmaking activity was highest in 2022 with $99K distributed across 2 grants. Individual grants have ranged from $500 to $77K, with an average award of $16K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in Hawaii. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Palama Scholarship Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in HI.
Palama Scholarship Foundation Inc. has distributed a total of $300K across 19 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $500 to $77K.
Palama Scholarship Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (990344016) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Palama Scholarship Foundation Inc. is headquartered in HONOLULU, HI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hyo Kyu Lim | PRESIDENT | $0 | $0 | N/A |
| Thomas Kim | TREASURER | $0 | $0 | N/A |
| Hae Joo Lim | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$116K
Fair Market Value
N/A
Net Worth
$116K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
19
Total Giving
$300K
Average Grant
$16K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Robert LeeSCHOLARSHIP | Honolulu, HI | $500 | 2023 |
| Elle KimSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Hyeinn ShinSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Jua KimSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Marshall KimSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Phillip LeeSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Simon LeeSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| So Myung KimSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Taylor NawataniSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Trevor HyunSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Sun Ho KimSCHOLARSHIP | Honolulu, HI | $5K | 2023 |
| Yoora SungSCHOLARSHIP | Honolulu, HI | $2K | 2023 |
| Soo Jin JunSCHOLARSHIP | Honolulu, HI | $500 | 2023 |
| Jennifer KimSCHOLARSHIP | Honolulu, HI | $500 | 2023 |
| See AttachedSCHOLARSHIP | Honolulu, HI | $50K | 2022 |
| Gbs HawaiiCONTRIBUTION | Honolulu, HI | $15K | 2021 |