HRS §429-4
Nonprofit groups can own property and receive gifts
A nonprofit association is treated as its own legal person, separate from its members, for property matters. It can buy, own, mortgage, or sell real estate and personal property in its own name. It can also be named as a beneficiary in a trust or contract, or receive property through a will.
The statute, as written — Real and personal property; nonprofit association as legatee, devisee, or beneficiary
(a) A nonprofit association shall be a legal entity separate from its members for the purposes of acquiring, holding, encumbering, and transferring real and personal property. (b) A nonprofit association in its name may acquire, hold, encumber, or transfer an estate or interest in real or personal property. (c) A nonprofit association may be a beneficiary of a trust or contract, a legatee, or a devisee.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.