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Nonprofiteer
← PACIFIC FORUM INTERNATIONAL

Form 990 for tax year 2024

Filed by PACIFIC FORUM INTERNATIONAL.

Totals

Total revenue
$4,384,169
Total expenses
$4,108,127
Contributions and grants received
$4,139,668
Grants paid
$0
Program service revenue
$37,936
Investment income
$206,552
Other revenue
$13
Total assets, end of year
$7,648,529
Total liabilities, end of year
$1,094,587
Net assets or fund balances, end of year
$6,553,942
Program services expenses (Part IX)
$3,073,592
Management and general expenses
$931,645
Fundraising expenses
$102,890
Program service expenses (Part III)
$3,073,592

Program services were 74.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,578,867

  • 1f · All other contributions, gifts and grants

    $2,560,801

  • 2a · Program service revenue: Contract Revenue

    total $37,936 · related or exempt $37,936

  • 3 · Investment income

    total $126,367 · excluded $126,367

  • 7a · Gross sales of assets other than inventory

    securities $248,972

  • 7b · Less cost or other basis and sales expenses

    securities $168,787

  • 7c · Gain or loss

    securities $80,185

  • 7d · Net gain or loss

    total $80,185 · excluded $80,185

  • 11a · Other revenue: Other Revenue

    total $13 · related or exempt $13

  • 11e · Other revenue, total

    $13

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $474,641 · program services $311,598 · management and general $162,087 · fundraising $956

  • 7 · Other salaries and wages

    total $574,502 · program services $377,155 · management and general $196,189 · fundraising $1,158

  • 8 · Pension plan contributions

    total $30,082 · management and general $30,082

  • 9 · Other employee benefits

    total $277,297 · program services $214,898 · management and general $61,461 · fundraising $938

  • 10 · Payroll taxes

    total $31,743 · management and general $31,743

  • 11b · Fees: legal

    total $7,345 · management and general $7,345

  • 11c · Fees: accounting

    total $91,208 · management and general $91,208

  • 11e · Fees: professional fundraising services

    total $77,500 · fundraising $77,500

  • 11f · Fees: investment management

    total $25,232 · management and general $25,232

  • 11g · Fees: other

    total $939,660 · program services $846,778 · management and general $92,882

  • 13 · Office expenses

    total $77,971 · program services $5,342 · management and general $69,641 · fundraising $2,988

  • 16 · Occupancy

    total $130,110 · program services $43,140 · management and general $86,545 · fundraising $425

  • 17 · Travel

    total $307,252 · program services $263,992 · management and general $42,773 · fundraising $487

  • 19 · Conferences, conventions and meetings

    total $982,042 · program services $963,710 · management and general $285 · fundraising $18,047

  • 22 · Depreciation, depletion and amortization

    total $3,918 · management and general $3,918

  • 23 · Insurance

    total $5,956 · program services $563 · management and general $5,393

  • 24a · Other expenses: Subscription

    total $42,598 · program services $23,274 · management and general $18,933 · fundraising $391

  • 24b · Other expenses: Honorarium

    total $23,142 · program services $23,142

  • 24c · Other expenses: Payroll Services

    total $5,928 · management and general $5,928

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $778,052 · end of year $674,524

  • 3 · Pledges and grants receivable

    beginning of year $226,148 · end of year $575,568

  • 4 · Accounts receivable

    beginning of year $102,609 · end of year $408,990

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,704 · end of year $67,127

  • 10a · Land, buildings and equipment: cost or other basis

    $75,790

  • 10b · Land, buildings and equipment: accumulated depreciation

    $48,196

  • 10c · Land, buildings and equipment, net

    beginning of year $9,701 · end of year $27,594

  • 11 · Investments: publicly traded securities

    beginning of year $5,192,956 · end of year $5,548,191

  • 15 · Other assets

    beginning of year $273,848 · end of year $346,535

  • 17 · Accounts payable and accrued expenses

    beginning of year $169,073 · end of year $163,064

  • 19 · Deferred revenue

    end of year $456,600

  • 25 · Other liabilities

    beginning of year $353,666 · end of year $474,923

  • 27 · Net assets without donor restrictions

    beginning of year $864,362 · end of year $864,362

  • 28 · Net assets with donor restrictions

    beginning of year $5,215,917 · end of year $5,689,580

Mission and programs · 2024

Mission

To engage generally in the activity of providing a private, nonpartisan international consultative forum for addressing common policy problems and issues affecting the economic development, resources, security, and stability of the countries of the Indo-Asia-Pacific region, and to provide a means for an active and continuing exchange of information, ideas, and views on economic development policies, investment and trade, defense and broader security, energy, and other matters of mutual interest and concern; and the opportunity to propose international programs and policy actions to governments and international organizations.

Activities or mission (Part I)

A public policy research institution dedicated to analysis and policy impact.

  • Risk reduction, Nonproliferation and Energy - Pacific Forum's Risk Reduction, Non-Proliferation, and Energy Program examines the geopolitical, military, and technological factors shaping strategic stability in the Indo-Pacific with particular focus on major power dynamics among the United States, China, and Russia. Through track-2 and track-1.5 dialogues, workshops, and research, the program conducts research and convenes policymakers, military officials, and scholars to address: Deterrence, extended deterrence, and crisis management Arms control and nonproliferation norms The intersection of nuclear deterrence with cyber, space, and advanced conventional capabilities A growing component of the program examines energy security and strategic stability, including the strategic, regulatory, and governance implications of expanding civilian nuclear energy across the region. Pacific Forum conducts research and facilitates regional dialogue on nuclear safety, international safeguards, export controls, and civil nuclear cooperationsupporting a balanced approach to energy security, climate goals, and nonproliferation commitments.

    Expenses $591,214 · Revenue $37,949

  • Geopolitics and Foreign Policy - Pacific Forum's Geopolitics and Foreign Policy Program examines political, security, and regional developments across the Indo-Pacific, translating complex regional dynamics into actionable insights that inform policy and advance stability. Through integrated programming, the program researches and engages perspectives from across Northeast and Southeast Asia, the Korean Peninsula, South Asia, and the Indian Ocean. Areas of focus include: Alliance coordination and extended deterrence, including on the Korean Peninsula Bilateral and multilateral relationship-building Maritime security and geopolitical competition With engagements across Bangkok, Phnom Penh, Taipei, Singapore, and Honolulu, the program fosters a more connected, resilient Indo-Pacific.

    Expenses $290,687

  • National Security and Defense - Pacific Forum's National Security and Defense Program advances practical, solution-oriented research and dialogue on the evolving security challenges shaping the Indo-Pacifica region at the center of strategic gravity, technological innovation, and economic competition. The program bridges policy development and operational execution by publishing and convening senior defense officials, military leaders, policymakers, industry partners, and strategic thinkers on issues to address deterrence and readiness requirements, alliance and partner coordination, crisis management, and defense and technology innovation. Key areas of focus include: Readiness, deterrence, and alliance resilience Gray-zone and hybrid challenges below the threshold of conflict Strengthening the defense industrial base Logistics and critical infrastructure Integration of emerging technologiesAI, space, and cyberinto defense planning Through flagship convenings such as the Honolulu Defense Forum and the Honolulu International Forum, alongside targeted publications, the program provides trusted venues for new innovative ideas and frank exchange across governments, allied militaries, and the private sector.

    Expenses $1,027,964

  • International relationsGeoeconomics and Economic StatecraftNext Generation

    Expenses $1,163,727

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Santoro

    President

    Total calculated
    $197,365
    From this org
    $197,365
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $179,423
    Bonus
    $0
    Other
    $17,942
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $197,365
  • Ralph Cossa

    WSD Handa Chair/President Emeritus

    Total calculated
    $39,600
    From this org
    $39,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Brenda Foster

    BOD/Chairwoman

    Total calculated
    $0
    Hours/week
    0.75
  • James Kelly

    BOD/Chairman

    Total calculated
    $0
    Hours/week
    0.75
  • Steven Chan

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Abe Denmark

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Robert Girrier

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Alex Kimura

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Warren Luke

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • David Mulliken

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Torkel Patterson

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Jean Rolles

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Charles Salmon

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Eric Sayers

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Barbara Tanabe

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75
  • Lauren Moriarty

    Board of Directors (Left June 2025)

    Total calculated
    $0
    Hours/week
    0.75
  • Carl W Baker

    Executive Director

    Total calculated
    $137,500
    From this org
    $137,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    35
  • Brooke Mizuno

    Director of Development

    Total calculated
    $100,177
    From this org
    $100,177
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 August 2026
IRS schema version
2024v5.5
Source object
202612299349301536

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