That amount could have been higher but, as in years past, each trustee waived $564,769 in commissions during the fiscal year, which ran from July 1, 1994, to June 30, 1995, according to the estate's income tax form.
A Bishop Estate spokeswoman said the trustees traditionally have not accepted commissions based on forced condominium and land sales and tuition paid by students attending Kamehameha Schools.
The trustee's $22,809 salary increase was slight compared to the 11 percent gain in 1994 when their salary went from $823,974 to $915,238 a year.
In 1994, four of the trustees Ñ former House Speaker Henry Peters, Oswald Stender, former Senate President Richard Wong and Lokelani Lindsay Ñ earned $938,047.
Attorney Gerard Jervis, appointed on Nov. 10, 1994, to replace Myron Thompson, made $537,513.
Thompson's prorated salary for his last five months in office was $400,534.
Total revenues of the estate amounted to $257 million, a drop from $307 million in fiscal year 1994.
Operating expenses, however, climbed from $118 million to $137 million.
About $102 million of that figure was directly attributable to running the Kapalama Heights campus.
The estate reported net assets of nearly $1.7 billion, compared with $1.5 billion a year ago.
As in past years, the highest-paid employee of the estate was Michael Chun, who has been president of Kamehameha Schools since June 1988.
He earned $170,563 annually, a slight increase from the $170,310 he earned last year. He also was given car, housing and private club allowances, but no value was placed on the benefits.
Chun's benefit and deferred compensation plans at $37,524 also were paid by the estate.
The other four high-salaried employees were:
Listed as independent contractors were four law firms and one accounting company.
The local law firm of Cades Shutte Fleming & Wright, which handles all of the estate's land condemnation cases, earned $3 million.
Other fees were paid to:
The estate also reported a less than 5 percent share of Underwriters Capitol (Merrett Ltd.), a foreign company in the re-insurance business.