The Paul and Karen Sullivan Family Charitable Foundation

Nonprofit profile at a glance

EIN
456965012
IRS 990-PF coverage
2015–2024
Forms available
Form 990-PF 2024, Form 990-T 2024
Location
Kailua, HI, USA
Phone
8082611948
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
Private Independent Foundations

Reported finances

Revenue
$33,647
Expenses
$21,567

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Private Independent Foundations

What it reported funding in 2024

The foundation reported 6 filed grant rows totaling $17,950. The stated grant purposes included to assist in providing services to members of local law enforcement, fire and emergency medical service agencies and their families., to support the organization's commitment to combat climate change, promote biodiversity, and advance healthier and more resilient ecosystems in hawaii., and helping homeless families become independent, financially self-sufficient members of the community. program helps each family to stabilize its housing and financial situation, to set appropriate educational and job goals for every member of the family, and to help each family member meet these goals., plus 3 other reported purposes.

Operating model

Revenue model
Investment-supported. 85% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - The filed numbers largely add up and the filing identifies who received its grants. A relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 56
  • Cost Efficiency: 83
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 92

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 55.5%; rating input score 56; 8th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 83.2%; rating input score 83; 60th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 36.9; rating input score 92; 92nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 55.5% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 92th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Grant Deployment: Grant deployment ratio scored 56/100.