2024-11-07T14:01:16-06:00 2024-06-30 135565207 KPMG LLP ONE FINANCIAL PLZ STE 2300 PROVIDENCE RI 029032485 990 2023-07-01 996003089 CHARLES R HEMENWAY SCHOLARSHIP TRUST CHAR 8086944393 PO BOX 3170 DEPT 715 HONOLULU HI 968023170 MARCO ABBRUZZESE TRUSTEE 8086944393 2024-10-22 true false LYLE J MOHLER P01340349 8662974127 2024-10-22 2023 2024-10-15 13:58:12Z BANK OF HAWAII POBOX 3170 DEPT 715 HONOLULU HI 96802 660939 false X N/A X 1964 HI EDUCATIONAL 1 1 0 0 0 0 0 143606 278685 0 143606 278685 270000 188000 0 66024 46538 0 0 58274 27398 394298 261936 -250692 16749 3910702 3927450 0 0 3910702 3927450 EDUCATIONAL false false 188000 188000 SCHOLARSHIPS ARE AWARDED TO AID UNDERGRADUATE STUDENTS AT THE UNIVERSITY OF HAWAII IN PURSUING THEIR STUDIES AS APPROVED BY THE CHARLES R. HEMENWAY SCHOLARSHIP COMMITTEE. 188000 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 X BANK OF HAWAII 8086944393 POBOX 3170 DEPT 715 HONOLULU HI 96802 BANK OF HAWAII TRUSTEE 1.0 X 46538 0 0 46538 0 0 false false false 124336 124336 536603 382254 154349 154349 154349 278685 278685 188000 188000 46538 46538 3610 3610 3200 3200 18206 18206 2382 2382 261936 188000 73936 0 3620 4454 153406 174008 3753676 3748988 3910702 3927450 0 0 X 3910702 3927450 3910702 3927450 3910702 3927450 X 16749 -1 X false false false X X X 1 UH FOUNDATION 990085260 5 true 188000 0 1 188000 0 true false false false false false false false false false false false false false false true false true 1045 0 110179 124336 111224 124336 0 60854 43857 0 50370 80479 4968710 5404635 133956 86822 0 5102666 5491457 0 0 5102666 5491457 76540 82372 5026126 5409085 175914 189318 0 175914 189318 50370 42815 175914 175914 0 175914 188000 0 30079 0 0 0 218079 188000 175914 1.0 175914 0 0 23263 258437 248132 330854 860686 0 175914 0 684772 218079 0 218079 0 0 902851 0 105786 248132 330854 218079 PART IV, SECTION D, LINE 2: THE ORGANIZATION MAINTAINED A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY PROVIDING PERIODIC PERFORMANCE REPORT AND STATEMENTS ON INVESTMENT PORTFOLIO DETAILING ALL ACITIVITIES, MEETING FACE TO FACE OR BY CALL WITH DECISION MAKERS INVESTMENTS AND GRANTS MADE THROUGHOUT THE YEAR 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 UNIVERSITY OF HAWAII FOUNDATION 2444 DOLE STREET HONOLULU HI 96822 990085260 170(B)(1)(A)(IV) 188000 SCHOLARSHIPS PART I, LINE 2 GRANTS ARE MADE SOLELY TO CHARITABLE BENEFICIARY IDENTIFIED IN THE TRUST DOCUMENT. THE TRUST'S BENEFICIARY, UNIVERSITY OF HAWAII FOUNDATION, PROVIDES PERIODIC REPORTS CONFIRMING GRANTS WERE USED TO AWARD COLLEGE SCHOLARSHIPS TO UNDERGRADUATE STUDENTS AT UNIVERSITY OF HAWAII IN PURSUING THEIR STUDIES. EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 SEE PART IV 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 ENTITELD 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 FEES 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 THE HAWAII ATTORNEY GENERAL, WHOSE OFFICE IS RESPONSIBLE FOR OVERSIGHT OF HAWAII'S CHARITABLE TRUSTS. 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 ENTITELD 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 FEES 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 THE HAWAII ATTORNEY GENERAL, WHOSE OFFICE IS RESPONSIBLE FOR OVERSIGHT OF HAWAII'S CHARITABLE TRUSTS. FORM 990, PAGE 6, PART VI, LINE 19 THE TRUST DOCUMENT AND ACCOUNT STATEMENTS ARE PROVIDED TO THE BENEFICIARY ORGANIZATION IDENTIFIED IN THE TRUST DOCUMENT (UNIVERSITY OF HAWAII FOUNDATION). BANK OF HAWAII, 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 ROUNDING $(1) UNIVERSITY OF HAWAII FOUNDATION PO BOX 11270 HONOLULU HI 968280270 EDUCATIONAL SUPPORT 170(B)(1)(A) 5 NA false false true false false false false false false false false false false false false false false false false false