2024-12-06T14:01:13-06:00 2024-07-31 135565207 KPMG LLP ONE FINANCIAL PLZ STE 2300 PROVIDENCE RI 029032485 990 2023-08-01 990301432 C N WODEHOUSE FACULTY BENEFIT TRUST AT CNWO 8086944399 PO BOX 3170 DEPT 715 HONOLULU HI 968023170 MARCO ABBRUZZESE TRUSTEE 8086944399 2024-11-26 true false LYLE J MOHLER P01340349 6892065200 2024-11-26 2023 2024-10-15 13:58:12Z BANK OF HAWAII PO BOX 3170 DEPT 715 HONOLULU HI 968023170 4135545 false X N/A X 2009 HI TO PROVIDE SUPPORT FOR THE CHARITABLE AND EDUCATIONAL PURPOSES AND PROGRAMS OF THE HAWAII PREPARATORY ACADEMY. 1 1 0 0 0 0 0 470458 1408823 0 470458 1408823 1039103 1107357 0 155902 115699 0 0 11880 54468 1206885 1277524 -736427 131299 16829640 16960827 0 0 16829640 16960827 TO PROVIDE SUPPORT FOR THE CHARITABLE AND EDUCATIONAL PURPOSES AND PROGRAMS OF THE HAWAII PREPARATORY ACADEMY. false false 1107357 1107357 TO PROVIDE SUPPORT FOR THE CHARITABLE AND EDUCATIONAL PURPOSES AND PROGRAMS OF THE HAWAII PREPARATORY ACADEMY. 1107357 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 1 false false false false false false false true true false false true true true true true true true false X BANK OF HAWAII 8086944399 PO BOX 3170 DEPT 715 HONOLULU HI 968023170 BANK OF HAWAII TRUSTEE 1.0 X 115699 0 0 115699 0 0 1 false false false 631575 631575 3503970 2726722 777248 777248 777248 1408823 1408823 1107357 1107357 115699 115699 45262 45262 9206 9206 1277524 1107357 170167 0 14159 31970 81751 177828 16733730 16751029 16829640 16960827 0 0 X 16829640 16960827 16829640 16960827 16829640 16960827 X 131299 -112 X false false false X X 1 HAWAII PREPARATORY ACADEMY 990078306 2 true 1107357 0 1 1107357 0 true false false false false false false false false false false false false false false true false true 0 45442 0 562162 631575 562162 677017 0 104301 112317 0 457861 564700 19423815 20553465 302323 186795 0 19726138 20740260 0 0 19726138 20740260 295892 311104 19430246 20429156 680059 715020 0 680059 715020 457861 389182 680059 680059 0 680059 1107357 0 57850 0 0 0 1165207 1107357 680059 1.0 680059 0 0 0 821365 1013148 1102584 2937097 0 680059 0 2257038 1165207 0 1165207 0 0 3422245 0 141306 1013148 1102584 1165207 PART IV, SECTION D, LINE2 THE ORGANIZATION MAINTAINED A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION(S) BY PROVIDING PERIODIC PERFORMANCE REPORTS ON THE INVESTMENT PORTFOLIO, PROVIDING STATEMENTS DETAILING ALL ACTIVITIES IN THE ACCOUNT, MEETING EITHER FACE TO FACE OR BY CONFERENCE CALL WITH THE DECISION MAKERS OF THE SUPPORTED ORGANIZATION TO DISCUSS THE INVESTMENTS AND GRANTS MADE. PART IV, SECTION D, LINE 3 THE ORGANIZATION PROVIDED PERIODIC PERFORMANCE REPORTS ON THE INVESTMENT PORTFOLIO AND MET WITH THE SUPPORTED ORGANIZATION(S) EITHER FACE TO FACE OR BY CONFERENCE CALL TO DISCUSS THE INVESTMENT PERFORMANCE. IN ADDITION, THE SUPPORTED ORGANIZATION(S) WERE GIVEN DISCRETION AS TO THE TIMING OF THE GRANTS. true HAWAII PREPARATORY ACADEMY 65-1692 KOHALA MOUNTAIN ROAD KAMUELA HI 96743 990078306 170(B)(1)(A)(II) 1107357 FACULTY SALARIES AND BENEFITS 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 GRANTS ARE MADE SOLELY TO HAWAII PREPARATORY ACADEMY AS THE CHARITABLE BENEFICIARY IDENTIFIED IN THE TRUST DOCUMENT. THE SCHOOL PROVIDES PERIODIC REPORTS CONFIRMING GRANTS WERE USED FOR FACULTY SALARIES AND BENEFITS OR TO MEET THE MAJOR OR EXTRAORDINARY NEEDS OF THE SCHOOL OR ITS EDUCATIONAL PROGRAMS. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW BEFORE IT IS FILED, THE TAX RETURN IS REVIEWED BY AN ADMINISTRATIVE OFFICER OF THE CORPORATE TRUSTEE, BANK OF HAWAII. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c BANK OF HAWAII, THE CORPORATE TRUSTEE, HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL EMPLOYEES, INCLUDING THE TAX OFFICERS, TAX CONSULTANTS AND ADMINISTRATIVE OFFICERS. BANK OF HAWAII REQUIRES ALL EMPLOYEES TO PARTICIPATE IN REGULARLY SCHEDULED TRAINING RELATED TO COMPLIANCE WITH CONFLICT OF INTEREST AND OTHER RELATED POLICIES. FORM 990, PAGE 6, PART VI, LINE 15a THE TRUST DOES NOT HAVE A CEO, OFFICERS OR EMPLOYEES. UNDER THE TERMS OF THE TRUST DOCUMENT, BANK OF HAWAII AS TRUSTEE IS ENTITLED TO REASONABLE COMPENSATION FOR ITS SERVICES. BANK OF HAWAII'S PUBLISHED FEE SCHEDULE FOR CHARITABLE TRUSTS APPLIES TO THIS TRUST. IN ESTABLISHING THE TRUSTEE'S FEE SCHEDULE, CONSIDERATION WAS GIVEN TO THE DUTIES, LIABILITIES AND EXPERTISE OF THE CORPORATE TRUSTEE, AS WELL AS TO COMPARABLE FEES FOR SIMILAR SERVICES PROVIDED BY SIMILAR ORGANIZATIONS. THE PROCESS OF ESTABLISHING AN APPROPRIATE FEE AS "REASONABLE" WAS ALSO PRESENTED TO HAWAII PREPARATORY ACADEMY. FORM 990, PAGE 6, PART VI, LINE 15b THE TRUST DOES NOT HAVE A CEO, OFFICERS OR EMPLOYEES. UNDER THE TERMS OF THE TRUST DOCUMENT, BANK OF HAWAII AS TRUSTEE IS ENTITLED TO REASONABLE COMPENSATION FOR ITS SERVICES. BANK OF HAWAII'S PUBLISHED FEE SCHEDULE FOR CHARITABLE TRUSTS APPLIES TO THIS TRUST. IN ESTABLISHING THE TRUSTEE'S FEE SCHEDULE, CONSIDERATION WAS GIVEN TO THE DUTIES, LIABILITIES AND EXPERTISE OF THE CORPORATE TRUSTEE, AS WELL AS TO COMPARABLE FEES FOR SIMILAR SERVICES PROVIDED BY SIMILAR ORGANIZATIONS. THE PROCESS OF ESTABLISHING AN APPROPRIATE FEE AS "REASONABLE" WAS ALSO PRESENTED TO HAWAII PREPARATORY ACADEMY. FORM 990, PAGE 6, PART VI, LINE 19 THE TRUST DOCUMENT AND ACCOUNT STATEMENTS ARE PROVIDED TO THE BENFICIARY ORGANIZATION IDENTIFIED IN THE TRUST DOCUMENT (HAWAII PREPARATORY ACADEMY). BANK OF HWAII, CORPORATE TRUSTEE, HAS A CONFLICT OF INTEREST POLICY, WHICH IS AVAILABLE TO THE BENEFICIARY ORGANIZATION UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE NOT PREPARED FOR THE TRUST. EXPLANATION FOR FORM 990, PART XI, LINE 9 RETURN OF CAPITAL ADJUSTMENT -$112 HAWAII PREPARATORY ACADEMY 65-1692 KOHALA MOUNTAIN ROAD KAMUELA HI 96743 EDUCATIONAL INSTITUTION HI 170(B)(1)(A) 2 N/A false false true false false false false false false false false false false false false false false false false false