Nonprofit · EIN 26-0385131
KAIST U S FOUNDATION INC
Tax-exempt · LOS ANGELES, CA 90010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $339,327 | $141,330 | $197,997 | $1,911,812 | $28,736 | $1,883,076 |
| December 31, 2023 | 990 | $166,666 | $139,760 | $26,906 | $1,713,265 | $28,186 | $1,685,079 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $220,500
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $118,827
- Other revenue
- $118,827
Expenses
- Grants and similar amounts paid
- $8,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $244
- Accounting fees
- $11,400
- Depreciation
- $50,375
- Program services (functional)
- $8,000
- Management and general (functional)
- $133,330
Balance sheet and other
- Total assets, start of year
- $1,713,265
- Total assets, end of year
- $1,911,812
- Total liabilities, end of year
- $28,736
- Net assets, end of year
- $1,883,076
- Land, buildings and equipment
- $1,425,875
- Net assets without donor restrictions
- $1,883,076
- Gross receipts
- $339,327
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SO YOUNG KIM | PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| JEWOO KIM | TREASURER/DIRECTOR Trustee or director, Officer | 5 | $0 |
| YOUNGSUK CHI | CHAIRMAN Trustee or director | 5 | $0 |
| KWANG HYUNG LEE | DIRECTOR Trustee or director | 5 | $0 |
| TERRI KIM | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAN-SUNG YIM | PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| JEWOO KIM | TREASURER/DIRECTOR Trustee or director, Officer | 5 | $0 |
| YOUNGSUK CHI | CHAIRMAN Trustee or director | 5 | $0 |
| KWANG HYUNG LEE | DIRECTOR Trustee or director | 5 | $0 |
| TERRI KIM | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- CO CKP 3435 WILSHIRE BLVD 2240, LOS ANGELES, CA 90010-0000
- In care of
- % PAUL BARDARO
- Principal officer (990 for 2024)
- SO YOUNG KIM, 3003 N 1ST ST, SAN JOSE, CA 95134
- Signed the 990
- SO YOUNG KIM, PRESIDENT
- Phone
- (213) 480-9100
- Return prepared by
- CKP LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 26-0385131 or by the name KAIST U S FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, TO THE BENEFIT, TO PERFORM FUNCTIONS, OR TO CARRY OUT THE CHARITABLE PURPOSES OF THE KOREA ADVANCED INSTITUTE OF SCIENCE AND TECHNOLOGY (KAIST) AND ANY OTHER EUDUCATIONAL INSTITUTIONS.
Program accomplishments
- THE FOUNDATION DONATED TO FOOTHILL-DE ANZA FOUNDATION TO SUPPORT THE "LET'S PLAY AI + TECH" PROGRAM, A COMMUNITY-BASED WORKSHOP IN PARTNERSHIP WITH KAIST.Expenses $5,000 · grants $5,000
- THE FOUNDATION PROVIDED SCHOLARSHIPS THROUGH DONATIONS TO AN INDIVIDUAL RECIPIENT FOR THE KSF SCHOLARSHIP PROGRAM.Expenses $3,000 · grants $3,000
- THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION FOR THE PURPOSE OF WORKSHOP. NO DONATION WAS MADE IN 2024.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0385131
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $1,911,812
- Income (IRS master file)
- $339,327
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $339,327 | $141,330 | $1,911,812 | XML |
| 990 | December 2023 | $166,666 | $139,760 | $1,713,265 | XML |
| 990 | December 2022 | $187,006 | $123,452 | $1,686,009 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0385131).
Questions about KAIST U S FOUNDATION INC
- What is the EIN of KAIST U S FOUNDATION INC?
- The employer identification number (EIN) of KAIST U S FOUNDATION INC is 26-0385131.
- Is KAIST U S FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to KAIST U S FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does KAIST U S FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KAIST U S FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KAIST U S FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KAIST U S FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SO YOUNG KIM.
- Who are the officers and directors of KAIST U S FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does KAIST U S FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $339,327, expenses of $141,330 and total assets of $1,911,812 at year end.
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