Form 990 for tax year 2023
Filed by LEGACY OF ALOHA FOUNDATION INC.
Totals
- Total revenue
- $1,953,317
- Total expenses
- $1,913,550
- Contributions and grants received
- $1,953,317
- Grants paid
- $1,912,150
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $154,135
- Total liabilities, end of year
- $105,000
- Net assets or fund balances, end of year
- $49,135
- Program services expenses (Part IX)
- $1,912,150
- Management and general expenses
- $1,400
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,912,150
Program services were 99.9% 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.
-
1f · All other contributions, gifts and grants
$1,953,317
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,912,150 · program services $1,912,150
-
11b · Fees: legal
total $120 · management and general $120
-
11c · Fees: accounting
total $1,000 · management and general $1,000
-
13 · Office expenses
total $255 · management and general $255
-
24a · Other expenses: TAX/LICENSE/PERMITS
total $25 · management and general $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,343 · end of year $154,110
-
9 · Prepaid expenses and deferred charges
beginning of year $25 · end of year $25
-
18 · Grants payable
end of year $105,000
-
27 · Net assets without donor restrictions
beginning of year $9,368 · end of year $49,135
Mission and programs · 2023
Mission
THE LEGACY OF ALOHA FOUNDATION, INC. (HEREINAFTER THE ORGANIZATION) IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION FOUNDED BY T S RESTAURANTS TO CARRY OUT CHARITABLE EFFORTS IN THE COMMUNITIES WHERE T S EMPLOYEES LIVE, WORK AND PLAY.
Activities or mission (Part I)
TO PROVIDE CHARITABLE SUPPORT FOR THE COMMUNITIES IN WHICH T S RESTAURANTS ARE LOCATED.
-
COMMUNITY DISASTER AWARENESS AND RESPONSE - THE ORGANIZATION CREATES AWARENESS LOCALLY AND NATIONALLY, WITH THE PURPOSE OF GENERATING SUPPORT TO PROVIDE RELIEF TO THOSE AFFECTED. FUNDS RAISED ARE GRANTED TO COMMUNITY ORGANIZATIONS ASSITING WITH DISASTER RELIEF OR TO INDIVIDUALS AFFECTED. GRANTS TO INDIVIDUALS ARE APPROVED BY AN INDEPENDENT SELECTION COMMITTEE NOT AFFILIATED WITH THE ORGANIZATION OR T S RESTAURANTS. THE COMMITTEE DETERMINES THE NEEDS, MERITS AND AVAILABILITY OF FUNDS TO BE DISTRIBUTED BY THIS PROGRAM, AND MAY REQUIRE PROSPECTIVE RECIPIENTS TO SUBMIT AN APPLICATION OR PROPOSAL TO BE CONSIDERED.
Expenses $1,869,650 · Grants $1,869,650
-
COMMUNITIES GRANTS - THE ORGANIZATION ENGAGES IN COMMUNITY GRANTMAKING EFFORTS TO OTHER NONPROFIT ORGANIZATIONS THAT ARE FOCUSED ON SUPPORTING THE LONGEVITY AND SUCCESS OF LOCAL COMMUNITIES AND EMBODY T S RESTAURANTS VALUES OF 'OHANA, CONTINUOUS IMPROVEMENT, SERVING ONE'S COMMUNITIES, PRIDE IN ONE'S EMPLOYEES, AND FUN. THE ORGANIZATION'S BOARD OF DIRECTORS AND OFFICERS DETERMINES THE NEEDS, MERITS AND AVAILABILITY OF FUNDS TO BE DISTRIBUTED BY THIS PROGRAM, AND MAY REQUIRE PROSPECTIVE RECIPIENTS TO SUBMIT AN APPLICATION OR PROPOSAL TO BE CONSIDERED.
-
LEGACY OF ALOHA SCHOALRSHIP PROGRAM - THE ORGANIZATION PROVIDES ANNUAL SCHOLARSHIPS TO T S RESTAURANT EMPLOYEES OR THEIR CHILDREN FOR EDUCATIONAL PURPOSES, INCLUDING, PURSING EDUCATION AT AN ACCREDITED 2- YEAR COLLEGE, 4- YEAR UNIVERSITY, TRADE OR VOCATIONAL SCHOOL, OR GRADUATE PROGRAM. THESE SCHOLARSHIP AWARDS WILL PROMOTE THE CONTINUED EDUCATION AND GROWTH OF THE INDIVIDUALS WHO LIVE, WORK AND PLAY IN THE COMMUNITIES AND NEIGHBORHOODS IN WHICH T S RESTAURANTS ARE LOCATED. A SCHOLARSHIP COMMITTEE REVIEWS APPLICATIONS AND DETERMINES THE SCHOLARSHIP RECIPIENTS.
Expenses $42,500 · Grants $42,500
As filed on the 2023 return.
Listed in Part VII
-
Susanne SaxtenSUSANNE SAXTEN
BOARD CHAIR, PRESIDENT/CEO
- Total calculated
- $0
- Hours/week
- 2
-
Jacqueline Rene ReedJACQUELINE RENE REED
DIRECTOR, CFO/TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
James Robert ThibautJAMES ROBERT THIBAUT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
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.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
T S DUKE'S PARTNERSHIP
RESTAURANT FOOD & DRINK · CA
-
PIER PLAZA GROUP LLC
LEASING REAL ESTATE · CA
-
DUKE'S MALIBU PARTNERSHIP
RESTAURANT FOOD & DRINK · CA
-
DUKE'S SURF CITY LP
SALES FOOD & DRINK · CA
-
DUKE'S WAIKIKI PARTNERSHIP LLC
SALES FOOD & DRINK · CA
-
KIMO'S PARTNERSHIP LLC
SALES FOOD & DRINK · CA
-
T S LEIS LLC
INVESTING RESTAURANTS · CA
-
HULA GRILL WAIKIKI LLC
SALES FOOD & DRINK · CA
-
DUKE'S LA JOLLA LLC
RESTAURANT FOOD & DRINK · CA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
TS ALOHA INC
S · SERVICE MANAGEMENT · CA
-
TS RESTAURANTS MGT INC
S · MANAGEMENT HOLDING COMPANY · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401179349302075
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