Does Mended Trust Still Have Hairline Cracks?

Hawaiian yarn lei with koa embellishments Sometimes, patience is a virtue.  Sometimes falling behind in your blogging can be a blessing.  Check this out, back in January I started to write this post and then, for some reason, I thought better of it, saved it, and held off publishing it.

This is how I started:

“You have GOT to be kidding me!  What kind of a court master would recommend such a thing?  No, I’m not the only one who is reacting this way.   You’ve got to love the Honolulu Advertiser for letting people leave comments and share their opinion!

“For those who don’t know what all of the hollering is about, you might want to check out Samuel King and Randall Roth’s book, Broken Trust: Greed, Mismanagement, And Political Manipulation at America’s Largest Charitable Trust.  See, the corruption that all of us remember so vividly resurfaces whenever something as preposterous as this makes the headlines.  This horrible story made headlines across the Nation about ten or eleven years ago. 

“Let’s put it this way, Bernice Pauahi would have thrown up her hands in horror if she had witnessed these now-historical events.  Of course, she also would have thrown up her hands in horror when they removed the Bishop name from the name of the school.  So great a love should not have been dealt such a horrible blow.  Perhaps we’ll talk about that at a later date.”

As luck would have it, my blogger muse held off pursuing this story, right at that moment.  Part of what held me back was a secret hope that the trustees would do something exactly like what they’ve done!

After the courts approved their raise, the trustees opted to take a 10% cut instead.  I’m serious — they cut their own pay!

In short, the answer to the question in the title of this post is, “No, there are no hairline cracks.  The Trust was mended some time ago and the trust of the people was restored.”

What did they say about it?

“The trustees are committed to the keiki our trust exists to serve, and to the careful management of resources that will allow Kamehameha Schools to educate native Hawaiians in perpetuity.”

A historical resource like this one needs to be protected and it sounds like the trustees are taking their fiscal and fiduciary responsibilities seriously.  Mahalo and kudos to the Kamehameha Schools trustees.  🙂

Kamehameha Schools is a fine institution that produces some very fine graduates.  The students learn the subjects that all the schools teach, of course, but they also learn the history and culture of Hawai’i to a greater degree than most.  The trustees protect and preserve the trust and its ability to educate while the students leave with the benefit and ability to protect and preserve the culture.

I have other stories that I’ve held back on and I’ll share my initial, knee-jerk reaction with you guys and then tell you why I’m glad that I held back.  Yeah, this one could have been two blog posts but I have no desire to cut people down — until I find out that I’m justified in doing so.  I did not say that I would stop being a b*tch if I’m pretty darn sure that I’m right.  🙂

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4 responses so far ↓

  • 1 Keahi Pelayo // Mar 10, 2009 at 10:10 am

    If KSBE required all trustees to be alumni, I think it would be run a heck of a lot better.
    Aloha,
    Keahi

  • 2 Evelyn // Mar 10, 2009 at 12:52 pm

    You know, Keahi, that’s not a bad idea! Good idea, in fact.

  • 3 Bobby Revell // Mar 10, 2009 at 5:07 pm

    I’m not familiar with the situation, but that pay raise is staggering and unbelievable. And the entire American government is so beyond corrupt—from federal to state to local—I can’t see how it will ever stop.

  • 4 Evelyn // Mar 11, 2009 at 5:57 am

    “Broken Trust” is still on my list of things to read, Bobby, but it was pretty embarrassing at the time. When that scandal hit the news, Trust became a dirty word overnight. The problem for new trustees going forward is that they will always be under the watchful eyes of the media and the residents.

    I have not seen or read the master’s report so I’m not sure where the numbers came from or why the master determined this raise to be appropriate but, as far as I can see, there have been no raises for any of the trustees of this Trust since the scandal that happened just a little over a decade ago. Perhaps this is the basis for Mr. Fairbanks’ report.

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