Asian Research Foundation
- Assets
- $1.7m
- Revenue
- $83.2k
- Investments
- $993.6k
- Employees
- 0
- Location
- Aiea, HI
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 99-0266031
Organization Overview
Asian Research Foundation is located in Aiea, HI. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Asian Research 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 12/2021, Asian Research Foundation generated $83.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $167.3k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Namsun Song President | 3 | $0 | |
Edward Shultz Vice President/director | 3 | $0 | |
Sang Hyop Lee Secretary | 2 | $0 | |
Tae-Ung Baik Treasurer/director | 2 | $0 | |
Hyunae Oh Director | 2 | $0 | |
Haemi Kwon Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $32,028 |
| Net Rental Income | -$28,945 |
| Net Gain on Sale of Assets | $27,175 |
| Capital Gain Net Income | $27,175 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,469 |
| Depreciation | $35,500 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,354 |
| Printing and publications | $0 |
| Other expenses | $12,983 |
| Total operating and administrative expenses | $67,332 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $167,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,766 |
| Savings and temporary cash investments | $3,535 |
| Net Accounts receivable | $710 |
| 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 | $696,172 |
| Investments—mortgage loans | $0 |
| Investments—other | $993,583 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $130 |
| Total assets | $1,712,896 |
| Accounts payable and accrued expenses | $540 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,040 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,580 |
Grants Awarded
Over the last fiscal year, Asian Research Foundation has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL SOCIETY FOR KOREAN STUDIES PURPOSE: EDUCATIONAL GRANT | $70,000 |
Honolulu, HI PURPOSE: CENTER FOR KOREAN STUDIES ENRICHMENT FUND | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandler Foundation San Francisco, CA | $672,162,748 | $40,866,490 |
Liliuokalani Trust Honolulu, HI | $828,579,677 | $45,937,660 |
Anne Wojcicki Foundation Los Altos, CA | $0 | $168,879,733 |
Hollywood Foreign Press Association West Hollywood, CA | $72,579,265 | $17,312,742 |
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |