Umkh Foundation is located in Mission Hills, CA. The organization was established in 2016. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Umkh Foundation 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 12/2023, Umkh Foundation generated $253.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $251.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Umkh Foundation has awarded 61 individual grants totaling $806,180. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ASSISTANCE AND SHELTERS FOR NEEDY SENIORS
TO PROVIDE SCHOLARSHIPS TO NEEDY CHILDREN AND STUDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Yi President | 3 | $0 | |
Yongki Yi Secretary | 2 | $0 | |
Eugene Park Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $253,000 |
| Interest on Savings | $491 |
| Dividends & Interest | $94 |
| 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 | $253,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,857 |
| Total operating and administrative expenses | $1,862 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $251,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,996 |
| Savings and temporary cash investments | $60,450 |
| 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 | $62,446 |
| 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 |
Over the last fiscal year, Umkh Foundation has awarded $250,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DALAT UNIVERSITY PURPOSE: SCHOLARSHIP FOR NEEDY STUDENTS | $80,000 |
INT'L PERFORMANCE DAFA LUN TEMPLE PURPOSE: TO HELP THE NEEDY SENIORS | $167,500 |
KOREATOWN SENIOR CENTER PURPOSE: TO HELP THE NEEDY SENIORS | $2,500 |