Andrew B Kim Wan Kyun R Kim Family Foundation Inc
- Assets
- $2.8m
- Revenue
- $194.7k
- Investments
- $2.3m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/1993
- Data as of
- 12/2022
- EIN
- 13-3732636
Organization Overview
Andrew B Kim Wan Kyun R Kim Family Foundation Inc is located in Los Angeles, CA. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andrew B Kim Wan Kyun R Kim Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Andrew B Kim Wan Kyun R Kim Family Foundation Inc generated $194.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $186.4k during the year ending 12/2022. While expenses have increased by 10.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Andrew B Kim Wan Kyun R Kim Family Foundation Inc has awarded 118 individual grants totaling $916,461. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wan Kyun Kim Treasurer | 3 | $0 | |
Andrew B Kim Trustee | 2 | $0 | |
Ty Y Kim President | 5 | $0 | |
Gene Y Kim Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $148,310 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,346 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $194,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $275 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,675 |
| Contributions, gifts, grants paid | $184,700 |
| Total expenses and disbursements | $186,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,416 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,751,242 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Andrew B Kim Wan Kyun R Kim Family Foundation Inc has awarded $184,700 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHER SCHOOL FOR GIRLS PURPOSE: GENERAL FUND | $10,000 |
DESERT FOOTHILLS LIBRARY PURPOSE: GENERAL FUND | $2,000 |
LEV ARONSON CELLO FESTIVAL PURPOSE: GENERAL FUND | $30,000 |
SEJONG SOLOISTS PURPOSE: GENERAL FUND | $140,000 |
EWHA HIGH SCHOOL PURPOSE: GENERAL FUND | $500 |
LA SEOUL YEGO SCHOOL OF ARTS PURPOSE: GENERAL FUND | $1,000 |