Kevin D Eng & Un Hae Song Foundation Inc
- Assets
- $13.3m
- Revenue
- $320.4k
- Investments
- $13.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-3698213
Organization Overview
Kevin D Eng & Un Hae Song Foundation Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kevin D Eng & Un Hae Song 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, Kevin D Eng & Un Hae Song Foundation Inc generated $320.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $960.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kevin D Eng & Un Hae Song Foundation Inc has awarded 43 individual grants totaling $3,142,750. 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 |
|---|---|---|---|
Kevin D Eng Board Of Director, Preside | 1 | $0 | |
Un Hae Song Board Of Director, Vice Pr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $506 |
| Dividends & Interest | $212,341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,508 |
| Capital Gain Net Income | $107,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $320,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,142 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,000 |
| Total operating and administrative expenses | $25,599 |
| Contributions, gifts, grants paid | $935,000 |
| Total expenses and disbursements | $960,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,973 |
| 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 | $390,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,260,527 |
| 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, Kevin D Eng & Un Hae Song Foundation Inc has awarded $935,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
APEX FOR YOUTH PURPOSE: GENERAL FUNDING | $50,000 |
HARLEM CHILDREN'S ZONE INC PURPOSE: GENERAL FUNDING | $100,000 |
NEW JERSEY SEEDS PURPOSE: GENERAL FUNDING | $50,000 |
SOMERSET HILLS LEARNING INSTITUTE PURPOSE: GENERAL FUNDING | $79,000 |
OPUS 71 CHARITABLE FUND AT CHARLES SCHWAB PURPOSE: GENERAL FUNDING | $250,000 |
ROBIN HOOD FOUNDATION PURPOSE: GENERAL FUNDING | $54,000 |