Skip to main content

Nonprofit · EIN 99-0266031

ASIAN RESEARCH FOUNDATION

Tax-exempt · AIEA, HI 96701

Financials

$41K$175K2023$73K$173K2024
Revenue Expenses · by fiscal year end
Financials of ASIAN RESEARCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$72,795$172,994-$100,199$1,288,564$1,040$1,287,524
December 31, 2023990-PF$40,648$174,605-$133,957$1,388,763$1,040$1,387,723
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$28,267
Interest
$2
Net rental income
-$37,449
Net gain from sales of assets
$24,526

Expenses

Grants and similar amounts paid
$100,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$101,963
Excise tax on investment income
$100

Balance sheet and other

Total assets, start of year
$1,388,763
Total assets, end of year
$1,288,564
Total liabilities, end of year
$1,040
Net assets, end of year
$1,287,524
Fair market value of assets
$1,010,296
Qualifying distributions
$101,963
Net investment income
$72,795

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
NAMSUN SONG
2-10-13 SAKAEMACHI, TAKARAZUKASHI, HYOGO 665-0845, JA
PRESIDENT3$0
EDWARD SHULTZ
98-1627 HOOLAUAUAE ST, AIEA, HI 96701
VICE PRESIDENT/DIRECTOR3$0
SANG HYOP LEE
1499 ALENCASTRE ST, HONOLULU, HI 96816
SECRETARY2$0
TAE-UNG BAIK
2333 KAPIOLANI BLVD 1403, HONOLULU, HI 96826
TREASURER/DIRECTOR2$0
JONGSOO YOON
YONGMUN MYON HWAJONRO 122-17-1, YANGPYONKUN, GYEONGGI 122-17-1, KS
DIRECTOR2$0
HAEMI KWON
1-16-1109 BUNDO-CHO, NISHINOMIYASHI, HYOGO 662-0042, JA
DIRECTOR2$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
NAMSUN SONG
2-10-13 SAKAEMACHI, TAKARAZUKASHI, HYOGO 665-0845, JA
PRESIDENT3$0
EDWARD SHULTZ
98-1627 HOOLAUAUAE ST, AIEA, HI 96701
VICE PRESIDENT/DIRECTOR3$0
SANG HYOP LEE
1499 ALENCASTRE ST, HONOLULU, HI 96816
SECRETARY2$0
TAE-UNG BAIK
2333 KAPIOLANI BLVD 1403, HONOLULU, HI 96826
TREASURER/DIRECTOR2$0
JONGSOO YOON
YONGMUN MYON HWAJONRO 122-17-1, YANGPYONKUN, GYEONGGI 122-17-1, KS
DIRECTOR2$0
HAEMI KWON
1-16-1109 BUNDO-CHO, NISHINOMIYASHI, HYOGO 662-0042, JA
DIRECTOR2$0

Address and contacts

Address (IRS master file)
98-1627 HOOLAUAE ST, AIEA, HI 96701-1802
In care of
% HUGH HW KANG
Signed the 990-PF
TAE-UNG BAIK, TREASURER
Phone
(808) 455-7780
Return prepared by
KDL CPAS LLC

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

IRS record

EIN
99-0266031
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
2014
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,288,564
Income (IRS master file)
$212,593

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$72,795$172,994$1,288,564XML
990-PFDecember 2023$40,648$174,605$1,388,763XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 99-0266031).

Questions about ASIAN RESEARCH FOUNDATION

What is the EIN of ASIAN RESEARCH FOUNDATION?
The employer identification number (EIN) of ASIAN RESEARCH FOUNDATION is 99-0266031.
Is ASIAN RESEARCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to ASIAN RESEARCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ASIAN RESEARCH FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ASIAN RESEARCH FOUNDATION 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 ASIAN RESEARCH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ASIAN RESEARCH FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does ASIAN RESEARCH FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $72,795, expenses of $172,994 and total assets of $1,288,564 at year end.

Other nonprofits in AIEA

All nonprofits in AIEA · Hawaii · Philanthropy, voluntarism and grantmaking foundations