Kamehameha Schools was founded through the will of Hawaiian princess Bernice Pauahi Bishop, great-granddaughter of King Kamehameha I. In an enduring act of aloha, Pauahi bequeathed her royal lands to educate Hawaiian children.
Today, Kamehameha’s Endowment Fund provides substantially all the support for the organization’s campuses and programs. Tuition and fees are nominal, and the majority of students receive financial aid.
Kamehameha strives to be a thoughtful, long-term investor in order to sustain the Endowment and the support it provides into perpetuity. By policy, Kamehameha targets educational spending at 4 percent of the Endowment’s value to balance the needs of the current generation with those of the future.
As of June 30, 2012, the Endowment is valued at $9.2 billion. A diversified, global financial assets portfolio comprises two-thirds of the Endowment. Hawai‘i real estate — mainly commercial properties — comprises the other third.
Kamehameha is best known for its campus-based programs:
Three K–12 campuses on O‘ahu, Maui and Hawai‘i serving 5,500 students
31 preschools statewide, serving 1,500 young learners
Reaching Beyond the Campuses
Kamehameha Schools’ dollars reach Native Hawaiian learners beyond its campuses:
$11 million to 17 public charter schools with Hawaiian culture-focused curricula
Employing 40 teachers and 20 specialists working in public school classrooms around the state
$14 million for 1,900 preschool scholarships
$15 million for college and graduate school scholarships
$8 million for public school educator training and support