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Korean-American Community Foundation INC

Public charity
Foundations · NEW YORK, NY · EIN 16-1643114

About

KACF provides grants and capacity building assistance to organizations working to address the most pressing needs in the korean american community and beyond. To the supporters, KACF provides a way to magnify the impact of their giving and to build bridges across generations and communities.

Donations are tax-deductible
Category
Foundations
Employees
10
Volunteers
72

Financial Snapshot

FY ending 2024-12-31
Revenue
$8.5M
Expenses
$6.3M
Assets
$10.4M
Liabilities
$4.6M

Financial history

$8.5M$4.2M$0
222324
RevenueExpenses
Latest FY2024: $8.5M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$4.5M
KOREAN-AMERICAN COMMUNITY FOUNDATION INC
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Address

135 EAST 64TH Street 2ND Floor
New YORK, NY, 10065-704

Governance

Voting board members16
Independent members16
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %93.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
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