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PRESS RELEASE

For Immediate Release February 15, 2017 827 Fort Street Mall Honolulu, Hawaii 96813

FOR MORE INFORMATION Contact: Joseph Martyak Vice President of Communications Hawaii Community Foundation (808) 566-5555 (Office) (703) 403-1111 (Mobile) jmartyak@hcf-hawaii.org

Phone: 808-537-6333 Fax: 808-521-6286 HawaiiCommunityFoundation.org

KELVIN TAKETA, HAWAII COMMUNITY FOUNDATION CEO, TO STEP DOWN HONOLULU, HAWAII (February 15, 2017) – Kelvin Taketa announced today that he intends to step down after leading the Hawaii Community Foundation (HCF) since 1998. The Board of Governors has established a Search Committee and hired Inkinen & Associates to commence the process to replace Mr. Taketa whose resignation will become effective when the new CEO is in place. Mr. Taketa has accepted the Board’s invitation to stay on in a part-time role as senior fellow under the new CEO. “It has been an incredible honor for me to lead HCF for nearly two decades. I am deeply grateful for the confidence that the Board has placed in me as well as for the amazing donors and colleagues I have had the privilege to work with over the years,” said Kelvin Taketa. “I have loved every minute of it but I believe that institutions like ours need fresh leadership from time to time and it’s a great time for this transition as we celebrate the centennial anniversary of our founding and begin our second century of work.” Deborah K. Berger, chair of the Board of Governors said: “It has been a remarkable 19 years with Kelvin and we are grateful for the leadership, judgment and skills that he has brought to the Hawaii Community Foundation and its work. While we are naturally sorry to see Kelvin step away from his day-to-day responsibilities, we are delighted that he has agreed to remain with us as a senior fellow to assist in the transition.”

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Hawaii Community Foundation’s Kelvin Taketa to Step Down Page 2

“Thanks to Kelvin and the talented management teams he has assembled over the years, HCF has become the leader in facilitating charitable investments in Hawaii and has earned distinction as a trusted community resource on philanthropic trends and best practices in Hawaii. In addition, HCF has launched several highly impactful initiatives to develop programmatic work around critical community issues through a coalition of local and national funders in partnership with government agencies. This work has received national recognition,” Ms. Berger continued. Mr. Taketa joined HCF as president and CEO in 1998. Under his leadership, HCF more than tripled its annual distributions into the community on behalf of its clients and donors to over $47 million in 2016, along with increasing its assets from $230 million to $615 million. A national leader and commentator about philanthropy and nonprofit organizations, Kelvin has been recognized by The NonProfit Times as one of the “50 most powerful and influential people” in the sector. Since graduating from law school in 1980, he spent his entire career as a nonprofit executive. Prior to joining HCF, Mr. Taketa held several leadership positions with The Nature Conservancy, including serving as the executive director of its Hawaii Chapter and the founding executive of its Asia/Pacific Region, and managing the fundraising, government relations and communications functions at its headquarters in Washington, DC. He serves on numerous corporate and nonprofit boards including Hawaiian Electric Industries, Hawaiian Electric Company, the Hawaii Leadership Forum, Feeding America, and the Stupski Foundation. He previously served on the board of Independent Sector, Grove Farm (Kauai) and the founding boards of two other national organizations, Sustainable Conservation and Civic Ventures, now Encore.org. About Hawaii Community Foundation With 100 years of community service, the Hawaii Community Foundation (HCF) is the leading philanthropic institution in the state. HCF is a steward of more than 800 funds, created by donors who desire to transform lives and improve communities. In 2016, HCF distributed over $47 million in grants and contracts statewide on behalf of its donors and clients. ###

KELVIN TAKETA, HAWAII COMMUNITY FOUNDATION CEO, TO STEP DOWNKelvin taketa 021517 final  

Kelvin Taketa announced today that he intends to step down after leading the Hawaii Community Foundation (HCF) since 1998. The Board of Gove...