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        <ExcessFromYear1Amt>1004593</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>6701426</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>none</ContributingManagerNm>
        <ShareholderManagerNm>none</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>University of Hawaii William S Richardson School of Law</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2515 Dole St</AddressLine1Txt>
            <CityNm>Honolulu</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96826</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>non profit 501c3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>provide grant funds to establish an endowment at the UH School of Law</GrantOrContributionPurposeTxt>
          <Amt>6385022</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>6385022</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevenueDtl>
          <Desc>fees income</Desc>
          <RelatedOrExemptFunctionIncmAmt>16326</RelatedOrExemptFunctionIncmAmt>
        </ProgramServiceRevenueDtl>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>387765</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>404091</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>404091</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1a</LineNumberTxt>
          <RelationshipStatementTxt>income is used for operating expenses of the foundation and allows it to continue its tax exempt purpose moving forward</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>4</LineNumberTxt>
          <RelationshipStatementTxt>income is used for operating expenses of the foundation and allows it to continue its tax exempt purpose moving forward</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>true</RelationshipsNonchrtblEOInd>
        <RelationshipScheduleDetail>
          <OrganizationBusinessName>
            <BusinessNameLine1Txt>Jack Hall Kona Memorial</BusinessNameLine1Txt>
          </OrganizationBusinessName>
          <OrganizationTypeDesc>corporation 501(c)(3</OrganizationTypeDesc>
          <RelationshipDescriptionTxt>indirectly affiliated</RelationshipDescriptionTxt>
        </RelationshipScheduleDetail>
        <RelationshipScheduleDetail>
          <OrganizationBusinessName>
            <BusinessNameLine1Txt>Kohala Union Housing Corporation</BusinessNameLine1Txt>
          </OrganizationBusinessName>
          <OrganizationTypeDesc>corporation 501(c)(3</OrganizationTypeDesc>
          <RelationshipDescriptionTxt>indirectly affiliated</RelationshipDescriptionTxt>
        </RelationshipScheduleDetail>
        <RelationshipScheduleDetail>
          <OrganizationBusinessName>
            <BusinessNameLine1Txt>Waikoloa Gardens</BusinessNameLine1Txt>
          </OrganizationBusinessName>
          <OrganizationTypeDesc>corporation 501(c)(3</OrganizationTypeDesc>
          <RelationshipDescriptionTxt>indirectly affiliated</RelationshipDescriptionTxt>
        </RelationshipScheduleDetail>
        <RelationshipScheduleDetail>
          <OrganizationBusinessName>
            <BusinessNameLine1Txt>DE Thompson Village Housing Project</BusinessNameLine1Txt>
          </OrganizationBusinessName>
          <OrganizationTypeDesc>corporation 501(c)(3</OrganizationTypeDesc>
          <RelationshipDescriptionTxt>indirectly affiliated</RelationshipDescriptionTxt>
        </RelationshipScheduleDetail>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule-01">
      <AccountingFeesDetail>
        <CategoryTxt>Bob Tanaka Inc bookkeeping</CategoryTxt>
        <Amt>16500</Amt>
        <DisbursementsCharitablePrpsAmt>16500</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>MCA Group auditing</CategoryTxt>
        <Amt>8916</Amt>
        <DisbursementsCharitablePrpsAmt>8916</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>G Ushijima CPA LLC tax preparation</CategoryTxt>
        <Amt>3455</Amt>
        <DisbursementsCharitablePrpsAmt>3455</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2-01">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>certificates of deposit</CategoryOrItemTxt>
        <BookValueAmt>2023837</BookValueAmt>
        <EOYFMVAmt>2023837</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>common stocks</CategoryOrItemTxt>
        <BookValueAmt>7853232</BookValueAmt>
        <EOYFMVAmt>7853232</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>mutual funds</CategoryOrItemTxt>
        <BookValueAmt>2189729</BookValueAmt>
        <EOYFMVAmt>2189729</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>corporate bonds</CategoryOrItemTxt>
        <BookValueAmt>93184</BookValueAmt>
        <EOYFMVAmt>93184</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>municipal bonds</CategoryOrItemTxt>
        <BookValueAmt>4475782</BookValueAmt>
        <EOYFMVAmt>4475782</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>management fee</Desc>
        <RevenueAndExpensesPerBooksAmt>2365</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2365</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>3876</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3876</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>interest expense</Desc>
        <RevenueAndExpensesPerBooksAmt>138327</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>138327</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>bad debt/dues/misc expense</Desc>
        <RevenueAndExpensesPerBooksAmt>47428</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>47428</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2-01">
      <OtherIncomeDetail>
        <Desc>fees income</Desc>
        <RevenueAndExpensesPerBooksAmt>16326</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>16326</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>realized and unrealized gains</Desc>
        <RevenueAndExpensesPerBooksAmt>2005512</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2005512</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule-01">
      <OtherIncreasesDetail>
        <Desc>unrealized gain</Desc>
        <Amt>2062300</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule-01">
      <OtherLiabilitiesDetail>
        <Desc>pledge payable</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>5009072</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedu-01">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Lima Kokua Production Inc admin/management</CategoryTxt>
        <Amt>73332</Amt>
        <DisbursementsCharitablePrpsAmt>73332</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>payroll taxes</CategoryTxt>
        <Amt>260</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>260</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>