2025-11-17T03:54:44-00:00 2024-12-31 133777972 WINNIE TAM & CO PC 50 BROAD STREET SUITE 1002 NEW YORK NY 10004 990 2024-01-01 161643114 KOREAN-AMERICAN COMMUNITY FOUNDATION INC KORE 6468789427 135 EAST 64TH STREET 2ND FLOOR NEW YORK NY 10065 KYUNG YOON PRESIDENT CEO 6468789427 2025-11-17 true JESSIE TAM-MOY P02530627 2127854600 2025-11-17 2024 2025-03-06 01:10:19Z KYUNG YOON 135 EAST 64TH STREET 2ND FLOOR NY NY 10065 9535092 false X WWW.KACFNY.ORG X 2002 NY KACF PROVIDES GRANTS AND CAPACITY BUILDING ASSISTANCE TO ORGANIZATIONS WORKING TO ADDRESS THE MOST PRESSING NEEDS IN THE KOREAN AMERICAN COMMUNITY AND BEYOND. 16 16 10 72 0 2615805 8234982 0 191992 403683 -84226 -167449 2723571 8471216 2029500 4490289 0 1024713 1264168 0 486718 324239 584561 3378452 6339018 -654881 2132198 5839524 10354740 2193220 4572470 3646304 5782270 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. false false 5317176 4490289 THE KOREAN-AMERICAN COMMUNITY FOUNDATION, INC. KACF IS A NON-PROFIT ORGANIZATION THAT TRANSFORMS AND EMPOWERS COMMUNITIES THROUGH PHILANTHROPY, VOLUNTEERISM AND INTER-COMMUNITY BRIDGE BUILDING. KACF PURSUES THESE GOALS THROUGH GRANTMAKING THAT PROMOTES SELF-SUFFICIENCY FOR THE UNDERSERVED AND UNDER-RESOURCED, THROUGH RAISING AWARENESS OF NEEDS AND ISSUES, AND BY FOSTERING A CULTURE OF GIVING. 5317176 true true false false false false false false false true true false false false true true true false false false false false false false true false false true false true false false false false false false false false true false false false false false false false false true 10 0 true 10 true false false false false false true true false false false false false false X 16 16 false false false false false false false true true false true true true true true true true true true false false CA NJ NY X X KYUNG YOON CO KACF 6468789427 135 EAST 64TH STREET 2ND FLOOR NEW YORK NY 10065 KYUNG B YOON PRESIDENT CEO 040.00 X 262116 0 9927 BRENNAN GANG VICE PRESIDENT OF PROGRAMS OPERATIONS 040.00 X 198383 0 20512 S STEVEN YANG DIRECTOR 000.25 X 0 0 0 LISA KIM DIRECTOR 000.25 X 0 0 0 CHUL PAK - RESIGNED ON JUNE 2024 DIRECTOR 000.25 X 0 0 0 JEANNIE PARK CHAIR 002.00 X X 0 0 0 RICHARD PARK DIRECTOR 000.25 X 0 0 0 MICHAEL K CHUNG DIRECTOR 000.25 X 0 0 0 JUDY KIM DIRECTOR 000.25 X 0 0 0 DAVID H LEE TREASURER 001.00 X X 0 0 0 DAVID K PARK SECRETARY 001.00 X X 0 0 0 CATHY OH DIRECTOR 000.25 X 0 0 0 PRISCA BAE - RESIGNED ON JUNE 2024 DIRECTOR 000.25 X 0 0 0 CHRIS PARK DIRECTOR 000.25 X 0 0 0 JAMES SEO DIRECTOR 000.25 X 0 0 0 EDWARD J LEE DIRECTOR 000.25 X 0 0 0 MICHAEL PARK DIRECTOR 000.25 X 0 0 0 JUMEE SONG DIRECTOR 000.25 X 0 0 0 JOSEPHINE SHIN DIRECTOR 000.25 X 0 0 0 SUE KIM DIRECTOR 000.25 X 0 0 0 PHIL LEE DIRECTOR 000.25 X 0 0 0 460499 30439 2 false true false 2534480 5700502 610345 8234982 403893 403893 68065 68275 -210 -210 -210 828140 2534480 995601 -167461 -167461 OTHER INCOME 12 12 12 8471216 12 236222 4490289 4490289 0 0 0 479619 330276 95924 53419 0 570750 180452 144240 246058 13970 6793 3194 3983 125605 61073 28720 35812 74224 36091 16971 21162 0 1150 1150 19165 19165 0 0 137896 24407 77288 36201 2650 2650 33172 5614 14400 13158 28045 28045 0 71044 71044 63325 31673 17015 14637 0 24769 12385 5930 6454 0 0 1286 1286 1996 1996 EVENT EXPENSES 141975 86386 55589 COMMUNITY RELATIONS 51737 51737 DUES AND SUBSCRIPTIONS 4379 4379 1972 1727 245 6339018 5317176 535124 486718 1235650 216385 4020955 7830339 292603 592103 651 157406 147841 41783 28478 625 13305 6089 1496419 126196 57697 5839524 10354740 114932 95371 1930001 4422822 25000 123287 54277 2193220 4572470 X 2007311 3755896 1638993 2026374 3646304 5782270 5839524 10354740 2132198 3768 X false true X true true X 2203890 3515879 3920331 2615805 8234982 20490887 2203890 3515879 3920331 2615805 8234982 20490887 99366 20391521 11523 5514 13437 189273 403893 623640 6000 6152 5000 25 13 17190 21131717 0.96500 0.95730 X Part II Section B Line 10 - OTHER INCOME REPRESENTS ADMINISTRATIVE FEES. IN ADDITION, FOR 2021, OTHER INCOME OF 1,152, FOR 2023, OTHER INCOME OF 25 AND FOR 2024, OTHER INCOME OF 13 WAS USED TO SUPPORT THE ORGANIZATIONS TAX EXEMPT ACTIVITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 1050076 54987 1105063 1000642 49434 1050076 1031177 -30535 1000642 1030066 1111 1031177 0.93000 0.07000 false false 21720 21720 10063 6758 3305 10000 10000 13305 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Lease obligations - Operating lease 54277 54277 X 8474984 3768 3768 8471216 8471216 6339018 6339018 6339018 X 2 - KACF ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD FASB GUIDANCE ON UNCERTAIN INCOME TAX POSITIONS IN ITS FINANCIAL STATEMENTS. KACF RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES. Annual Gala 2926840 2153740 773100 444200 284022 92495 Womens Luncheon 435780 380740 55040 100851 73033 1000 3362620 2534480 828140 545051 357055 93495 995601 -167461 true AAAJ Chicago 4716 N Broadway Avenue Chicago IL 60640 363844385 501c3 75000 Implement Language Equity Access Act AJSOCAL 2401 East Katella Avenue Ste 600 Anaheim CA 92806 953854152 501c3 75000 Legal Aid Services and Workshops Asian American Federation 120 Wall Street 9th Fl NY NY 10005 133572287 501c3 226094 Enhance Voter Education GSNC Asian Americans for Equality 2 Allen St 7th Fl New York NY 10002 133187792 501c3 140000 Develop Transitional Housing Asian Pacific Amer Legal Res Ctr 1627 K St NW Washington DC 20006 522148028 501c3 50000 Civil Legal Svcs to Victims of Dom Viol. Asian Women's Christian Assoc 9 Genesee Ave Teaneck NJ 07666 223646307 501c3 81362 Social Welfare Svcs in NJ GSNC Bergen Volunteer Medical Initiative 75 Essex St Hackensack NJ 07061 202633437 501c3 86094 Free Medical Care to Uninsured GSNC Chinese Amer Planning Council 45 Suffolk St New York NY 10002 136202692 501c3 210000 Korean Child Care Project Community Inclusion & Dev Alliance 38-50 Bell Blvd Bayside NY 11361 814707052 501c3 181094 Svcs to Indiv with Disabilities GSNC Community Resource Exchange 395 Hudson St 8th Fl NY NY 10014 133048638 501c3 220500 Support Fellows CRE Supervision FCCGW 1952 Gallows Road Suite 210 Vienna VA 22182 521461623 501c3 226094 Prof. Counseling Services GSNC GMA Inc 34-30 150th Pl Flushing NY 11354 273696656 501c3 40000 Shelter for Unhoused Korean Americans Hamkae Center 11350 Random Hills Rd Ste 230 Fairfax VA 22030 883683382 501c3 75000 Implement Language Access Services HANA Center 4300 N California Ave Chicago IL 60618 362746468 501c3 76425 Community Needs Survey GSNC KACE 35-11 Murray St Flushing NY 11354 203987662 501c3 141094 Legal Counseling Seminars GSNC KACS 136 Burton Ave San Jose CA 95112 942659848 501c3 75000 Expand Reach Improve Social Svcs KAN-WIN 1440 Rennaisance Drive Suite 460 Park Ridge IL 60068 363752338 501c3 160944 Support Survivors of Gender-based Viol. KASCANJ 451 Grand Ave Palisades Park NJ 07650 311783647 501c3 80862 GSNC Social Legal Counseling Svcs KFAM 3727 W 6th Street Suite 320 Los Angeles CA 90020 953899329 501c3 50000 Housing Assistance Culturally Comp Svcs KIWA 941 S Vermont Ave Suite 101 301 Los Angeles CA 90006 954392004 501c3 75000 Launch Koreatown Thrives Project Korean Town Senior & Comm Ctr 965 S Normandie Ave Los Angeles CA 90006 202761167 501c3 88000 Older Adults Support in Los Angeles Korean American Coalition 3727 W 6th St Ste 305 Los Angeles CA 90020 953823437 501c3 50000 Civic Engagement for Korean Amer in LA Korean Amer Family Service Center PO Box 541429 Flushing NY 11354 133609811 501c3 226094 Support for Dom. Viol. Victims GSNC Korean Amer Special Edu Ctr 1661 N Raymond Ave Los Angeles CA 92801 208786289 501c3 100000 Early Intervention Services for I/DD Korean Community Center 100 Grove Street Tenafly NJ 07670 223711536 501c3 51094 GSNC Case Mgmt to Homebound Seniors Korean Comm Svc Ctr of Greater Wash 7700 Little River Turnpike 406 Annandale VA 22003 521005984 501c3 76094 Social Services in the DMV Area GSNC Korean Community Services 203-05 32nd Ave Bayside NY 11361 237348989 501c3 101094 Healthcare Enrollment Edu Prog GSNC Korean Resource Center Inc 900 Crenshaw Blvd Ste B Los Angeles CA 90019 953879699 501c3 100000 Social, Legal Housing Svcs to Srs KYCC 3727 W 6th Street Suite 300 Los Angeles CA 90020 953779389 501c3 75000 Consulting Svcs for Small Businesses Little Tokyo Service Center 231 E 3rd St Ste G106 Los Angeles CA 90013 954444102 501c3 100000 Needs Assessment for Older Adults MinKwon Ctr for Comm Action 133-29 41st Ave Ste 202 Flushing NY 11355 112710506 501c3 12000 Leadership Dev. of Korean Amer Intern NAKASEC 4300 N California Ave Chicago IL 60618 113303986 501c3 77037 GSNC Cap. Bldg Orgl Infrastructure New Beginning for Special Needs 535 Walnut St Norwood NJ 07670 812550940 501c3 150000 Rehabilitation for Adults with Dev. Dbl New York Foundation 150 W 30th St Ste 1401 New York NY 10001 135626345 501c3 5500 Support Work of CBC Collaborative Penn Asian Senior Services 6926 Old York Rd Philadelphia PA 19126 202643138 501c3 100000 GSNC Launch Primary Care Svcs Philip Jaisohn Memorial Fdtn 1180 Welsh Rd Ste 250 North Wales PA 19454 231978566 501c3 100862 GSNC Mental Health Awareness Campaign Red Canary Song 3638 Union St Fl 2 Flushing NY 11354 831333112 501c3 100000 Mutual Aid Narrative Change for Workers Renaissance Econ Dev Corp 2 Allen Street 7th Fl New York NY 10002 133946529 501c3 150000 Expand Small Business Support Somang Society 5836 Corporate Avenue Ste 110 Cypress CA 90630 770695791 501c3 100000 Essential Resources Info to Seniors WomanKind 42 Broadway Ste 1836 New York NY 10004 133286250 501c3 150000 Advocacy Services for BIPOC Victims Woori Center 100 W Main St Unit 320 Lansdale PA 19446 844038784 501c3 75862 Advocacy for DFLA and GSNC Woori Juntos 1809 Hollister St C202 Houston TX 77080 521224516 501c3 75712 GSNC Social Svcs for Koreans in TX YWCA of Queens 42-07 Parsons Blvd Flushing NY 11355 200351906 501c3 225000 Competent Case Management Svcs 43 Part I Line 2 - KACF REQUIRES INTERIM REPORTING. TWO 2 REPORTS FROM THE GRANTEES ARE REQUIRED AND REVIEWED DUIRNG MID-YEAR AND YEAR-END. Part II Line 1h - GSNC REPRESENTS LEADERSHIP PARTICIPATION AND PROFESSIONAL DEVELOPMENT THROUGH GIVING SUMMIT NONPROFIT CONVENING. X X false false false false false false false false false KYUNG B YOON PRESIDENT CEO 262116 8858 1069 272043 BRENNAN GANG VICE PRESIDENT OF PROGRAMS OPERATIONS 198383 6005 14507 218895 X 8 65294 FAIR MARKET VALUE X Auction Items 8 444000 RETAIL VALUE X Giveaways 9 101051 RETAIL VALUE false false true Part I Line 9,25,26 - KACF IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. Part I Line 32b - KACF USES AN INVESTMENT FIRM TO SELL DONATED SECURITIES. Form 990, Part VI, Section B, Line 11b UPON COMPLETION OF FORM 990, KACF CIRCULATES THE FINAL FORM 990 TO THE BOARD MEMBERS. Form 990, Part VI, Section B, Line 12c KACF REQUIRES BOARD MEMBERS TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. Form 990, Part VI, Section B, Line 15a KACF COLLECTS THE COMPARATIVE DATA OF APPROPRIATE SALARY FOR THE PRESIDENT POSITION AND SHARES IT WITH BOARD MEMBERS. THE BOARD REVIEWS AND APPROVES THE CURRENT SALARY OF THE PRESIDENT. Form 990, Part VI, Section C, Line 19 FORM 990 IS AVAILABLE ON GUIDESTAR. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.