Hawaiiʻs Most Charitable Companies 2013

November, 2013

Corporate giving is vital to hawaii’s charities and vital to Hawaii itself. Many important nonprofits could not survive without the support of local businesses. That’s why Hawaii Business magazine feels it’s important to measure that giving each year with our list of Hawaii’s Most Charitable Companies. And, by measuring the contributions, we are also celebrating the many ways in which companies give to the community.

Many Ways to Give

How we ranked the list of Hawaii’s Most Charitable Companies.

Who knew charity was so complicated?

This year, as we began work on our second annual list of Hawaii’s Most Charitable Companies, we were again struck by how nuanced an analysis of the data can be. We base our rankings on a company’s total giving in 2012, a combination of both cash and in-kind donations. We also report employee donations and time volunteered, but those numbers are not factored into the ranking.

Acquiring this data isn’t a sure thing, however. We rely upon self-reported numbers from the companies themselves, which means we’ve undoubtedly missed some major donors who chose not to participate in our survey or don’t know about it.

Also, companies account for corporate giving in different ways. For example, some companies scrupulously keep track of both cash and in-kind donations; others only tally the actual cash given. In addition, some partnerships choose not to make any company donations, though the individual partners may be major donors.

The biggest difference between this year’s list and last year’s is the number of companies participating in our survey. This year, 94 companies submitted data, nearly twice as many as last year. Among the new participants is the top organization on this year’s list, Kamehameha Schools, which donated $20 million dollars to more than 40 local nonprofits in 2012. That’s over and above what the trust spends on its main mission, the schools it operates on three islands. The $20 million from KS is nearly six times as much as our most charitable company, First Hawaiian Bank, with $3.6 million in total giving.

It’s worth pointing out that if we had calculated last year’s list the same way as this year’s list, First Hawaiian would have been our clear No. 1 company last year. That’s because this year we’ve decided not to include the money a company uses to fund its own foundation. Last year, Central Pacific Bank was first on our list, mainly because of a large cash contribution it made in 2011 to create a new foundation. But only a small percentage of that money actually went to help the public directly in 2011. The rest became the corpus of the new foundation, earning interest that can be given to charities into the future. This year, we decided – and CPB agreed – this wasn’t a fair comparison. We now only include direct giving from organizations and donations from their foundations, not money channeled from an organization to its foundation. Even so, CPB’s $774,568 in total giving earned it 11th place on this year’s list.

Another anomaly on this year’s list stems from Matson’s spinoff from Alexander & Baldwin. Now separate, the two companies have taken different routes in their charitable giving. In mid-2012, A&B shut down its own foundation to rely instead on direct corporate giving. Matson chose to augment its direct corporate giving by creating its own foundation. Despite the split, A&B remains at No. 9 on our list, with $889,000 in total giving. Matson enters the list at No. 6, with $1.57 million. Combined, the two companies gave 30 percent more this year than A&B did alone last year.

One of the most complicated parts of creating the list of Hawaii’s Most Charitable Companies is deciding what kinds of giving to include. As we’ve seen, companies give in various ways. The simplest form of charity is a cash donation. Using this measure, Kamehameha Schools’ $20 million in cash giving is – by a long shot – the most in the state, followed by First Hawaiian at $2.9 million, Hawaiian Electric Industries at $2.1 million and Parker Ranch at $2 million.

But not all corporate giving is cash. Many companies donate products or services instead. For example, Hawaii Foodservice Alliance, a major supplier of bread and eggs to supermarkets, takes food that’s about to pass its “do not sell by” date and donates it to local food banks. The company’s $1.1 million worth of “in-kind” donations was the most on this year’s list, and enough to put the company in seventh place in overall giving.

In-kind giving was also an important part of the giving strategy for Bank of Hawaii, First Hawaiian Bank and many other companies. At least a dozen companies donated more than $100,000 in free products and services to local charities, including the Fairmont Hotel with $658,975 worth of in-kind donations, Kyo-ya with $651,504, and Ohana Broadcasting with $514,590.

We list employee giving in our chart, but chose not to include it as a basis for our ranking of charitable giving; nevertheless, this kind of charity is an important part of the fundraising strategy for many local nonprofits, and companies play a major role in facilitating this kind of giving. Indeed, 13 Hawaii companies had more than $100,000 in cash donations by employees this year. And that’s just through company programs; it doesn’t take into account the money employees donate outside of their companies. For the second year in a row, Bank of Hawaii employees lead the way in company fundraising, with $729,912 in donations, followed by Hawaiian Electric employees with $723,000, and First Hawaiian Bank employees with $609,561. Interestingly, combining total company giving and employee giving barely changed the overall standing among the list of Hawaii’s Most Charitable Companies, and didn’t change the order of the top 10 companies at all.

If there’s a criticism that can be made about how we calculated Hawaii’s most charitable companies, it’s that, by focusing on the total amount given, we may bias the results toward large companies. It’s certainly true that an organization like Kamehameha Schools, with $313 million in revenue and more than $7 billion in assets, can afford to give more than a small, family-owned company. One way to compare large and small companies on our list is to look at total company giving as a percentage of total revenue. Interestingly, two of the state’s largest nonprofits top the list of companies that give the most money in proportion to their size. Kamehameha Schools gives 6.5 percent of its total earnings; another trust, Parker Ranch, gives 10.8 percent. The only company even close to these two is tiny Stars Above Hawaii, whose $2,500 in total giving was 6.3 percent of its $40,000 in reported revenue. Other organizations giving more than 1 percent of their earnings include Alston Hunt Floyd & Ing, Hawaii Foodservice Alliance, Mike McKenna’s Windward Ford, Kahala Nui and Grove Farm.

As you can see, creating a list of Hawaii’s Most Charitable Companies is a complicated business. In our calculus, we settled on total company giving because we think this number reflects both a company’s level of charity, and the impact that charity has on the community. But, who’s to say we’re right? Maybe, instead of a dollar figure, we should be using an index that also takes into account the number of hours employees volunteer, or the number of boards company executives serve on. Maybe cash is the only number that counts. Maybe nonprofit and for-profit companies should be on different lists.

Here are the numbers. You decide.


 

Next Year’s List

If you think your organization belongs on the 2014 list of Hawaii’s Most Charitable Companies, email us at feedback@hawaiibusiness.com.

 

Hawaiiʻs Most Charitable Companies

We asked for a lot of details from the charitable companies, but many did not collect all the information that we requested. In most cases, a blank entry does not mean a company or its employees did not contribute in that area. It simply means there is not a precise record of such contributions.

Company Name Total 2012 Company Giving, Cash and In-Kind 2012 Company Cash Donations1 2012 In-Kind Company Donations Total Giving as % of Gross Annual Sales2 2012 Number of Employees Employee Volunteer Hours on the Job3 Employee Volunteer Hours off the Job4 Cash Donations from Employees5
Kamehameha Schools $20,421,611 $20,421,611 6.53% 2,400
First Hawaiian Bank $3,634,920 $2,900,000 $734,920 0.52 2,026 29,489 37,350 $607,561
Bank of Hawaii Corp. $2,634,144 $1,720,144 $914,000 0.42 2,343 5,550 6,641 $729,212
Hawaiian Electric Industries, Inc. $2,100,000 $2,100,000 0.06 3,870 12,000 $723,000
Parker Ranch Foundation Trust $2,000,000 $2,000,000 10.77 36
Matson, Inc. $1,566,500 $1,458,000 $108,500 0.10 1,068 995 $92,440
Hawaii Foodservice Alliance LLC $1,100,000 $1,100,000 2.29 215
Kyo-ya Company LLC $910,094 $258,590 $651,504 0.14 3,310 7,251 $200,575
Alexander & Baldwin, Inc. $888,515 $884,515 $4,000 0.30 946 2,345 $169,045
Central Pacific Financial Corp. $774,568 $774,568 0.42 916 5,095 $222,530
Fairmont Hotels & Resorts Hawaii $658,975 $658,975 0.45 937 1,545 $63,665
Island Insurance Co., Ltd. $566,106 $556,015 $10,091 0.50 185 1,707 1,300 $17,764
Kaiser Permanente Hawaii $526,774 $508,000 18,774 0.05 4,564 12,300 $67,000
Ohana Broadcast Company $514,590 $514,590 n/a
Alston Hunt Floyd & Ing $488,201 $112,360 $375,841 2.34 146 $9,611
Hawaii Medical Service Association (HMSA) $448,870 $447,640 $1,230 0.02 1,603 1,123 $260,000
Servco Pacific Inc. $439,248 $404,248 $35,000 0.05 1,399 3,053 $160,589
Kahala Nui $417,927 $103,900 $314,027 1.43 231 4,584 110 $4,819
First Insurance Company of Hawaii, Ltd. $372,112 $372,112 0.19 306 850 300 $22,910
Young Brothers, Limited $314,759 $148,510 $166,249 0.28 335 $39,221
Hawaii Medical Assurance Association (HMAA) $311,000 $305,500 $5,500 0.20 4 500 750
UHA (University Health Alliance) $296,583 $296,583 0.16 125 81 682 $19,147
Hagadone Corp. $275,000 $75,000 $200,000 0.92 155 350 $25,000
Hunt Companies $246,000 $130,000 $116,000 0.07 30
Hawaii Gas $170,681 $170,681 0.07 318
HawaiiUSA Federal Credit Union $168,000 $96,000 $72,000 0.30 304 1630 207 $8,000
Enterprise Holdings- Enterprise Rent-A-Car, Alamo Rent A Car, National Car Rental- Hawaii $164,828 $145,000 $19,828 n/a 225 344 $150,767
Nordic PCL Construction, Inc. $161,221 $157,485 $3,736 0.16% 150 100 400 $44,000
Nan, Inc. $156,642 $141,852 $14,790 0.09 440 46 $10,186
Young’s Market Company of Hawaii $156,000 $96,000 $60,000 0.16 177 $5,000
PEMCO Ltd. $150,000 $100,000 $50,000 0.52 150 300 $100,000
Grove Farm Company, Inc. $140,000 $105,000 $35,000 1.02 12 400
Dorvin D. Leis Co., Inc. $138,989 $128,989 $10,000 0.16 364
Kalaeloa Partners L.P. $131,000 $131,000 0.04 32
Castle Medical Center $111,420 $111,420 0.03 1,336 759
Pasha Hawaii $107,437 $61,350 $46,087 0.15 8
Coldwell Banker Pacific Properties LLC $73,200 $43,200 $30,000 0.20 492 750 175 $35,881
Torkildson Katz Moore Hetherington & Harris $68,900 $68,900 n/a 2,190 465 $10,500
Finance Factors Ltd. $68,066 $67,894 $172 0.31 117 996 $11,000
Allied Builders System $65,000 $65,000 0.11 75 100
King Food Service Inc. $65,000 $55,000 $10,000 0.21 36
Toshiba Business Solutions (USA), Inc. $57,455 $48,112 $9,343 n/a 140 40 $2,281
Alternate Energy Inc. $57,000 $57,000 0.12 85
Jim Falk Automotive Group $56,497 $56,497 0.02 273
Economy Plumbing & Air Conditioning $55,000 $55,000 n/a
Swinerton Builders $51,000 $41,000 $10,000 0.02 95 336 $16,630
Certified Management Inc. dba Associa Hawaii $48,270 $47,930 $340 n/a 200 330 $52
Aloha United Way $44,700 $44,700 0.30 35 49 $38,549
Pacific Honda $42,073 $39,162 $2,911 0.06 108 40 100 $300
Case Lombardi & Petit $41,422 $33,895 $7,527 n/a 459 $12,258
Group 70 International, Inc. $40,500 $40,500 0.20 74 $6,300
Merrill Lynch Wealth Management $40,000 $40,000 0.09 115 1,400
Kualoa Ranch Hawaii, Inc. $37,632 $37,632 0.18 214
Maui Divers of Hawaii Ltd. $37,000 $7,000 $30,000 n/a 300 $4,000
Hawaii Life Real Estate Brokers $36,403 $36,403 0.24 12
Mike McKenna’s Windward Ford $34,000 $34,000 2.15 38
Hawaii Human Resources, Inc. (HiHR) $30,185 $10,185 $20,000 0.03 46 280 270 $10,000
The Art Source, Inc. $30,000 $30,000 0.15 168 200
Haleakala Solar Inc. $28,000 $22,000 $6,000 0.08 180
Honolulu Ford, Lincoln, Mercury $27,000 $27,000 0.05 85 3,500
Aloha Pacific Federal Credit Union $25,000 $25,000 0.08 193
BOMAT Ltd. $23,000 $23,000 0.09 60
Express Employment Professionals $23,000 $1,000 $22,000 0.45 12
Clay Chapman Iwamura Pulice & Nervell $20,000 $5,000 $15,000 0.31% 65
Aloha Air Cargo $16,847 $414 $16,433 0.03 400 72 $7,255
Weston Solutions Inc. $16,486 $9,785 $6,702 n/a 321
American Electric Co. LLC $15,000 $5,000 $10,000 0.03 175 500
Architects Hawaii Ltd. $15,000 $15,000 0.08 79 752 $11,119
Pacific Service & Development $12,206 $12,206 0.09 68
Big Island Motors Inc. dba Hilo-Kona Mazda Subaru Hyundai $12,000 $10,000 $2,000 0.05 52 250
Hawaii First Inc. $9,000 $9,000 n/a 150 100 $25,000
S&M Sakamoto, Inc. $8,300 $8,300 0.09 23 $650
Coffman Engineers, Inc. $7,461 $7,461 0.26 17 81 100
Contract Furnishers of Hawaii Inc. (dba Office Pavilion) $6,600 $6,600 0.02 43
Windward Auto Sales Inc. $6,030 $6,030 0.02 75 $500
Coastal Construction Co. Inc. $6,000 $6,000 0.01 386
Graham Builders, Inc. $5,152 $5,152 n/a 45
American Machinery $5,000 $5,000 0.02 50
Triple F Holdings, LLC $5,000 $5,000 0.02 82
ZR Systems Group LLC $5,000 $5,000 0.25% 16
Avalon Health Care – Hawaii $4,230 $1,230 $3,000 0.01 766 $2,500
Auto Body Hawaii $3,300 $300 $3,000 0.12 18 30
Alakai Mechanical Corp. $2,525 $2,525 0.00 255
Stars Above Hawaii $2,500 $500 $2,000 6.25 1 40
Grand Wailea 1,460 $100,000
Hawaiian Dredging Construction Co. Inc. 738 569 $36,469
HIE Holdings Inc. 170 45
Kamaaina Care Inc. (dba Kamaaina Kids) 1,100 11,520
Pacific Health Research and Education Institute $2,000
RESCO Inc. 383 1,200 $190,942
University of Hawaii 8,658 $396,331
Waianae District Comprehensive Health & Hospital Board Inc. 572 $25,000
Webco Hawaii Inc. 255 $8,629
Wells Fargo Home Mortgage of Hawaii, LLC 67 100

1 Cash donations for 501(c)(3) charities, 2 2012 cash and in-kind donations as a percentage of 2012 gross annual sales, 3 Employee volunteer hours during paid company time, 4Employee volunteer hours not during paid company time, 5 These donations not included in “Total Company Giving.”

Related Stories

Magazine Promo

On Newsstands Now

HB-11-14Cover

HB November 2014 Issue

Author:

Dennis Hollier