It looks like the project was a success! The following is a post from the Malama Kai Foundation blog:
CONGRATULATIONS to the North Kohala community for their successful efforts in purchasing Kauhola Point. This beautiful and important historic coastal area is now conserved in perpetuity! Malama Kai Foundation is especially proud of the exemplary efforts of Elizabeth Pickett and Tom Loomis, Co-Directors of MKF’s Ocean Warriors Program, who worked diligently with Kauhola Point users and the community in bringing together all stakeholders under a shared vision. Congratulations and Mahalo to all the Ocean Warriors kids who played a significant role and helped make this possible. Go Ocean Warriors!! Mahalo to everyone!