International Foundation For Korea University Inc

Organization Overview

International Foundation For Korea University Inc is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Foundation For Korea University 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 12/2021, International Foundation For Korea University Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 41.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EDUCATIONAL AND CHARITABLE SUPPORT TO COMMUNITY AND KOREA UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ASSISTANCE TO IMPROVE SCHOOL FACILITIES OF KOREA UNIVERSITY, PROMOTE DEVELOPMENT OF KOREA UNIVERSITY AND ALSO PROVIDE SCHOLARSHIP FOR NEEDY STUDENTS IN THE LOCAL COMMUNITY


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,430,314
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,430,314
Total Program Service Revenue$23,500
Investment income $7,659
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,461,473

Grants Recieved

Over the last fiscal year, we have identified 2 grants that International Foundation For Korea University Inc has recieved totaling $22,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$12,000
Kyc Foundation

Torrance, CA

PURPOSE: SUPPORT

$10,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or