In His Presence Foundation
- Assets
- $271.2k
- Revenue
- -$102.5k
- Investments
- $222.1k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 81-2984025
Organization Overview
In His Presence Foundation is located in Wilmington, DE. The organization was established in 2017. 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. In His Presence Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, In His Presence Foundation has awarded 72 individual grants totaling $900,795. 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 |
|---|---|---|---|
Juhee Choi Dir, Sec, VP | 5 | $0 | |
Chung Hoon Ko Dir, Pres, Treas | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58 |
| Dividends & Interest | $776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$103,377 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$102,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $11 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,084 |
| Printing and publications | $0 |
| Other expenses | $9,171 |
| Total operating and administrative expenses | $11,266 |
| Contributions, gifts, grants paid | $42,333 |
| Total expenses and disbursements | $53,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,137 |
| 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 | $271,198 |
| 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, In His Presence Foundation has awarded $42,333 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
COUNCIL OF KOREAN AMERICANS INC PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
COMPASSION INTERNATIONAL INCORPORATED PURPOSE: MONTHLY CHILD SPONSORSHIP | $1,807 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: BOARD MEETING | $1,082 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: BOARD MEETING | $1,444 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: CHARITABLE EVENT | $10,000 |
CAPSTONE LEGACY FOUNDATION INC PURPOSE: SOCRATES IN THE CITY | $500 |