Nonprofit · EIN 74-2883492
KAHNG FOUNDATION
Tax-exempt · AUSTIN, TX 78701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,593,079 | $2,512,353 | $80,726 | $5,625,983 | $77,970 | $5,548,013 |
| December 31, 2024 | 990-PF | $2,590,502 | $2,162,112 | $428,390 | $5,484,527 | $18,294 | $5,466,233 |
| December 31, 2023 | 990-PF | $3,014,189 | $2,100,397 | $913,792 | $5,069,995 | $32,028 | $5,037,967 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $203,875
- Interest
- $156
- Net rental income
- $169,180
- Net gain from sales of assets
- $2,180,280
Expenses
- Grants and similar amounts paid
- $2,171,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,178,930
- Excise tax on investment income
- $32,902
Balance sheet and other
- Total assets, start of year
- $5,484,527
- Total assets, end of year
- $5,625,983
- Total liabilities, end of year
- $77,970
- Net assets, end of year
- $5,548,013
- Fair market value of assets
- $62,936,244
- Qualifying distributions
- $2,178,930
- Net investment income
- $2,593,079
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER KAHNG 301 WEST AVENUE STE 2206, AUSTIN, TX 78701 | PRESIDENT | 15 | $0 |
| CHOONGJA KAHNG 301 WEST AVENUE STE 2206, AUSTIN, TX 78701 | VICE PRESIDENT | 10 | $0 |
| STEPHEN KAHNG 301 WEST AVENUE STE 2206, AUSTIN, TX 78701 | VICE PRESIDENT | 5 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER KAHNG 301 WEST AVENUE 2206, AUSTIN, TX 78701 | PRESIDENT | 15 | $0 |
| CHOONGJA KAHNG 301 WEST AVENUE 2206, AUSTIN, TX 78701 | VICE PRESIDENT | 10 | $0 |
| STEPHEN KAHNG 301 WEST AVENUE 2206, AUSTIN, TX 78701 | VICE PRESIDENT | 5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHOONGJA KAHNG 301 West Avenue, Austin, TX 78701 | VICE PRESIDENT | 10 | $0 |
| STEPHEN KAHNG 301 West Avenue, Austin, TX 78701 | VICE PRESIDENT | 5 | $0 |
| Peter Kahng 301 West Avenue, Austin, TX 78701 | President | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 301 WEST AVE UNIT 2206, AUSTIN, TX 78701-4772
- In care of
- % STEPHEN KAHNG
- Signed the 990-PF
- PETER KAHNG, PRESIDENT
- Phone
- (212) 242-3625
- Return prepared by
- CROWE LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 74-2883492
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $5,625,983
- Income (IRS master file)
- $2,602,799
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,593,079 | $2,512,353 | $5,625,983 | XML |
| 990-PF | December 2024 | $2,590,502 | $2,162,112 | $5,484,527 | IRS |
| 990-PF | December 2023 | $3,014,189 | $2,100,397 | $5,069,995 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 74-2883492).
Questions about KAHNG FOUNDATION
- What is the EIN of KAHNG FOUNDATION?
- The employer identification number (EIN) of KAHNG FOUNDATION is 74-2883492.
- Is KAHNG FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to KAHNG FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KAHNG FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KAHNG FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KAHNG FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of KAHNG FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does KAHNG FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,593,079, expenses of $2,512,353 and total assets of $5,625,983 at year end.
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