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DAVID C AI CHARITABLE TRUST

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Public nonprofit record

DAVID C AI CHARITABLE TRUST

EIN 99-6078252 · Philanthropy, Voluntarism & Grantmaking Foundations (T90J)

What they do

"THE TRUSTEE SHALL DISTRIBUTE ALL of THE NET INCOME of THE CHARITABLE TRUST EACH YEAR and MAY DISTRIBUTE SO MUCH or ALL of THE PRINCIPAL of THE CHARITBALE TRUST AS IT DEEMS NECESSARY for THE CHARITABLE TRUSTS PURPOSES, CONSISTENT WITH THE LONG TERM NEEDS of THE BENEFICIARIES." "PAYMENT SHALL BE MADE, FIRST, to THE NUUANU YMCA, HONOLULU, HAWAII, to FUND ITS TEEN FITNESS PROGRAM...". "ANY NET INCOME REMAINING and ANY PRINCIPAL DISTRIBUTIONS THE TRUSTEE MAY DEEM NECESSARY SHALL BE DISTRIBUTED to SUCH ONE or MORE CHARITABLE ORGINIZATIONS LISTED ON EXHIBIT III ... IN SUCH AMOUNTS, AS THE TRUSTEE SHALL DETERMINE."

Money

Financial picture

Tax year 2025
Revenue$854,305
Expenses$1,012,591
Assets$17,393,035
Income$5,829,935
Grants given$2,950,795
Average grant$128,295
Management$96,091
Stocks and bonds$17,022,340
Accounting fees$5,790
Investing fees$80,282

About this charity

Recognized since
January 1998
Location
PO BOX 1559, HONOLULU, HI 96806
County
Honolulu
In care of
STEVEN C AI
Primary officer
STEVEN C AI, TRUSTEE

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
CW ASSOCIATES CPAS
NTEE classification
Philanthropy, Voluntarism & Grantmaking Foundations (T90J)
IRS tax category
Grantmaking Foundations
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
17
Activity
602000000
Organization
2
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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