Program areas at Hawaii Investment Ready
Hawaii Investment Ready Cohort Program. Capacity building and technical assistance through direct and virtual engagement and teaching in a cohort setting for Hawaii for profit and nonprofit social enterprises working to solve social and environmental challenges. Business coaching for cohort and program alumni post-program, year round.
Capital Deployment - In 2023, HIR created a catalytic capital impact debt fund, the Aina Aloha Economy Fund ("Fund"), in response to insights gleaned from its Hawaii Capital Scan research project in 2022. The Fund aims to address a capital gap for Hawaii-based social entrepreneurs in accessing aligned capital needed to scale. HIR created a wholly-owned subsidiary LLC as a special purpose vehicle for the Fund. HIR also manages 3 other Program Related Investments into Hawaii-based social entrepreneurs that have completed its social enterprise accelerator program.
Fiscal Sponsorships - Fiscal sponsorship offering our legal and tax-exempt status to non-profit organizations- with aligned project or engaged in activities related to the our mission.The arrangement is contractual. Farmlink, Kukulu, Ukoa Cohort
The remaining programs include Direct Support, Partnership & Partner Support, and Research & Narrative Shifting. Direct Support includes technical assistance and consulting for Hawaii-based social entrepreneurs. Partnership & Partner Support includes staff time to engage with other organizations and efforts aligned around social enterprise economic development and impact investing in Hawaii. Research & Narrative Shifting includes a research program called the Hawaii Capital Scan as well as strategic communications to strengthen the field of impact investing and social enterprise economic development in Hawaii
Grants made by Hawaii Investment Ready
| Grantee | Grant description | Grant year | Amount |
|---|
| Aloha United Way (AUW) | Transfer of Program and Assets for Kukulu Switchboard A Program Which Facilitates and Advocates for Equitable, Responsive Resourcing of the Community Innovators Solving Social and Environmental Problems in Hawai'ihawaii'i. | 2023-12 | $14,299 |
Who funds Hawaii Investment Ready
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Stupski Foundation | 2023-12 | To Support the ?ina Aloha Economy Fund. | $375,000 |
| Kresge Foundation | 2023-12 | To Provide Operating Support To Hawaii Investment Ready (Hir) As They Fulfill Their Mission To Improve the Coordination and Collaboration of Capital To Appropriately Invest in Solutions for Social, Environmental, and Financial Wellbeing. | $335,000 |
| Harry & Jeanette Weinberg Foundation | 2023-12 | To Support This Organization in Providing Technical Assistance and Funding Support for A Cohort of Food Security Organizations Collaborating for Stronger Statewide Food Systems That Increase Access To Healthy Foods in Rural Areas. | $250,000 |
| ...and 5 more grants received |
Personnel at Hawaii Investment Ready
| Name | Title | Compensation | Date of data |
|---|
| Keoni Lee | Chief Executive Officer | $158,500 | 2024-11-24 |
| Chloe Hartwell | Network Coordinator | $48,467 | 2024-11-24 |
| Miwa Tamanaha | Communications Manager | $75,708 | 2022-12-31 |
| Margaret Peebles | Administrative Director , Program Manager | $58,422 | 2024-11-24 |
| Maria-Elena Caprio | Program Manager | $56,647 | 2022-12-31 |
Financials for Hawaii Investment Ready
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,650,910 | $1,022,898 | 61.4% |
| Program services | $7,500 | $28,390 | -73.6% |
| Investment income and dividends | $11,508 | $500 | 2201.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,669,918 | $1,051,788 | 58.8% |
Organizations like Hawaii Investment Ready
| Organization | Type | Location | Revenue |
|---|
| Grow Nebraska | 501(c)(3) | Kearney, NE | $847,573 |
| Maine Center for Entrepreneurs | 501(c)(3) | Portland, ME | $1,351,382 |
| Northwest Innovation Resource Center | 501(c)(3) | Bellingham, WA | $463,839 |
| The Women's Edge | 501(c)(3) | Andover, MA | $892,881 |
| Built Oregon | 501(c)(3) | Portland, OR | $583,775 |
| Centro de Economia Creativa | 501(c)(3) | San Juan, PR | $5,898,071 |
| Our Jobs Our Children Our Future | 501(c)(3) | Huntington, WV | $519,604 |
| Social Enterprise Trust | 501(c)(3) | Hartford, CT | $1,215,937 |
| Startup Virginia | 501(c)(3) | Richmond, VA | $1,032,483 |
| Chicago United | 501(c)(3) | Chicago, IL | $2,256,091 |
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $200,000 from Novo Foundation December 27, 2023
Received grants
Identified 4 new grant, including a grant for $350,000 from Stupski Foundation August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
State / local levelManagement and technical assistanceTax deductible donationsNo full-time employeesFiscal sponsorAccepts online donations
General information
- Address
- 44-527 A Kaneohe Bay Dr
- Kaneohe, HI 96744
- Metro area
- Urban Honolulu, HI
- County
- Honolulu County, HI
- Website URL
- hiready.net/Â
- Phone
- (808) 342-1037
IRS details
- EIN
- 81-4611816
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2017
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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