The Ohana East Foundation
EIN 814396491 Private FoundationAbout
We respectfully request that The Ohana East Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $173 penalty indicated on Form 2220 be abated because the underpayment in Q2, Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payment for Q2, Q3 and Q4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | $18K | $1.7M | $223K | 2 |
| 2018 | $39K | $1.8M | $221K | 13 |
| 2019 | N/A | $2.1M | $193K | N/A |
| 2020 | $82K | $2.3M | $228K | 17 |
| 2022 | $103K | $3.2M | $881K | 17 |
| 2023 | $111K | $3.8M | $685K | 15 |
| 2024 | $146K | $4.5M | $824K | 16 |
Grant Size Distribution
Based on 80 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (80 total)
| Purpose | ||||
|---|---|---|---|---|
| Beloved Asheville | Asheville, NC | $25,000 | General & Unrestricted | 2024 |
| Charleston Waterkeeper | Charleston, SC | $15,000 | General & Unrestricted | 2022 |
| Charleston Waterkeeper | Charleston, SC | $15,000 | General & Unrestricted | 2023 |
| Barrier Islands Free Medical Clinic Inc | Johns Island, SC | $15,000 | General & Unrestricted | 2024 |
| Charleston Waterkeeper | Charleston, SC | $15,000 | General & Unrestricted | 2024 |
| Posada | Pueblo, CO | $15,000 | General & Unrestricted | 2024 |
| Barrier Islands Free Medical Clinic Inc | Johns Island, SC | $12,000 | General & Unrestricted | 2023 |
| Barrier Islands Free Medical Clinic Inc | Johns Island, SC | $10,000 | General & Unrestricted | 2022 |
| Posada | Pueblo, CO | $10,000 | General & Unrestricted | 2022 |
| South Carolina Coastal Conservation League Inc | Charleston, SC | $10,000 | Save Crab Bank initiative | 2018 |
| Bee Cause Project Inc | Savannah, GA | $10,000 | the Digital Hive development fund | 2020 |
| Bee Cause Project Inc | Isle of Palms, SC | $10,000 | General & Unrestricted | 2023 |
| Hawaii Community Foundation | Honolulu, HI | $10,000 | the Maui Strong Fund | 2023 |
| Posada | Pueblo, CO | $10,000 | General & Unrestricted | 2023 |
| Bee Cause Project Inc | Savannah, GA | $10,000 | General & Unrestricted | 2024 |
| Manna Food Bank | Mills River, NC | $10,000 | General & Unrestricted | 2024 |
| American Red Cross - Coastal South Carolina Chapte | Myrtle Beach, SC | $10,000 | Harvey relief Project | 2017 |
| Care and Share Inc | Colorado SPGS, CO | $9,000 | General & Unrestricted | 2020 |
| Lowcountry Food Bank Inc | Charleston, SC | $9,000 | General & Unrestricted | 2020 |
| Care and Share Inc | Colorado SPGS, CO | $7,750 | General & Unrestricted | 2022 |
| Lowcountry Food Bank Inc | Charleston, SC | $7,750 | General & Unrestricted | 2022 |
| Bee Cause Project Inc | Savannah, GA | $7,500 | General & Unrestricted | 2022 |
| Bee Cause Project Inc | Savannah, GA | $7,500 | General & Unrestricted | 2018 |
| South Carolina Coastal Conservation League Inc | Charleston, SC | $7,500 | General & Unrestricted | 2018 |
| Arkansas River Watershed Collaborative | Lake George, CO | $7,500 | General & Unrestricted | 2023 |
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