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Nonprofit · EIN 46-5212292

KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO

Tax-exempt · SAN JOSE, CA 95128

Financials

$1.1M$915K2023$1.3M$977K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,282,567$976,909$305,658$3,624,090$350,600$3,273,490
December 31, 2023990$1,144,451$915,496$228,955$2,913,898$319,903$2,593,995
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,371,925
Program service revenue
$0
Investment income
$103,536
Net income from fundraising events
-$203,053
Other revenue
-$192,894

Expenses

Grants and similar amounts paid
$447,500
Compensation of officers, directors and key employees
$166,934
Other salaries and wages
$183,092
Salaries, compensation and benefits (total)
$395,078
Professional fundraising fees
$0
Accounting fees
$2,269
Occupancy
$19,064
Travel
$8,534
Program services (functional)
$777,880
Management and general (functional)
$72,114
Fundraising (functional)
$126,915

Balance sheet and other

Total assets, start of year
$2,913,898
Total assets, end of year
$3,624,090
Total liabilities, end of year
$350,600
Net assets, end of year
$3,273,490
Net assets without donor restrictions
$3,273,490
Gross receipts
$1,691,758
Employees
3
Volunteers
88
Year formed
2014
State of legal domicile
CA

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.

NameTitleHours / weekCompensationOther / benefits
ANDREW PAIKE.D FRO 07/2024
Officer
40$164,960$17,072
SOPHIA OH-KIMDirector
Trustee or director
1$0$0
THOMAS CHOTreasurer
Trustee or director
1$0$0
SUNG JIN INGRISELLLIChairman
Trustee or director
4$0$0
CAROLINE SHINDirector
Trustee or director
1$0$0
CATHERINA MINDirector
Trustee or director
1$0$0
YEHBIN SONGDirector
Trustee or director
1$0$0
PERRY HADirector
Trustee or director, Officer
1$0$0
SO YONG PARKDirector
Officer
1$0$0
ANDREW KIMSecretary
Officer
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Timothy KimE.D. to 12/2023
Officer
40$217,783
So Yong ParkDirector
Trustee or director
0.75$0
James KimDirector
Trustee or director
0.75$0
Yoon ChoDirector
Trustee or director
0.75$0
Sophia Oh-KimDirector
Trustee or director
0.75$0
Thomas ChoDirector
Trustee or director
0.75$0
Sung Jin IngriselliDirector
Trustee or director
0.75$0
Caroline ShinDirector
Trustee or director
0.75$0
Catharina MinDirector
Trustee or director
0.75$0
Yehbin SongDirector
Trustee or director
0.75$0
Perry HaChair
Officer
5$0
Andrew KimSecretary
Officer
0.75$0
Michael KimTreasurer
Officer
0.75$0

Address and contacts

Address (IRS master file)
3031 TISCH WAY STE 110PW, SAN JOSE, CA 95128-2584
In care of
% HEAYOON WOO
Mailing address (990-N for 2014)
55 East 3rd Avenue, San Mateo CA 94401
Principal officer (990 for 2024)
ANDREW PAIK, 3031 TISCH WAY 110 PLAZA WEST, SAN JOSE, CA 95128
Signed the 990
ANDREW PAIK, Executive Director
Phone
(650) 656-5705
Return prepared by
WuHoover & Co LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 46-5212292 or by the name KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO UPLIFTS AND CONNECTS THE KOREAN-AMERICAN COMMUNITY THROUGH PHILANTHROPY.

990 for the year ended December 31, 2024

Program accomplishments

  • KACF-SF AWARDED $455,520 IN TOTAL IN GRANTS, SCHOLARSHIP AND EVENT SPONSORSHIPS.THROUGH OUR GRANTEE PARTNERS, 40 KOREAN AMERICANS WERE TREATED WITH MENTAL HEALTHTHERAPY, 77 WERE ASSISTED WITH LEGAL SERVICES, 25 SURVIVORS OF DOMESTIC VIOLENCE WERE SUPPORTED, MORE THAN 5000 SENIORS WERE BENEFITED FROM IN-PERSON ESSENTIAL SERVICES, LEADERSHIP DEVELOPMENT, COMMUNITY ENGAGEMENT AND ADVOCACY.
    Expenses $777,880 · grants $455,520

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-5212292
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$3,624,090
Income (IRS master file)
$1,691,758

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,282,567$976,909$3,624,090XML
990December 2023$1,144,451$915,496$2,913,898XML
990December 2022$1,840,942$928,248$2,648,667IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014December 31, 2014≤ $50,000 receipts––e-Postcard

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 46-5212292).

Questions about KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO

What is the EIN of KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO?
The employer identification number (EIN) of KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO is 46-5212292.
Is KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO 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 KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO 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 KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO 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 KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO?
The 990 for the year ended December 31, 2024 names ANDREW PAIK.
Who are the officers and directors of KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $164,960 (ANDREW PAIK, E.D FRO 07/2024).
How much revenue does KOREAN AMERICAN COMMUNITY FOUNDATION OF SAN FRANCISCO have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,282,567, expenses of $976,909 and total assets of $3,624,090 at year end.

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