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KOREAN-AMERICAN COMMUNITY FOUNDATION INC

EIN 16-1643114 NEW YORK, NY

Revenue 2025
$3,936,420
Expenses 2025
$3,824,129

Program services were 73.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
T31
Classification
1000
Street
135 EAST 64TH STREET 2ND FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

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.

Activities or mission (Part I)

KACF PROVIDES GRANTS AND CAPACITY BUILDING ASSISTANCE TO ORGANIZATIONS WORKING TO ADDRESS THE MOST PRESSING NEEDS IN THE KOREAN AMERICAN COMMUNITY AND BEYOND.

  • 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.

    Expenses $2,799,496 · Grants $1,996,114

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Kyung B Yoon

    PRESIDENT CEO

    Total calculated
    $307,854
    From this org
    $285,151
    From related orgs
    $0
    Other
    $22,703
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,151
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,391
    Nontaxable benefits
    $11,312
    Filer's total
    $307,854
  • Brennan Gang Vice President

    OF PROGRAMS OPERATIONS

    Total calculated
    $210,189
    From this org
    $190,768
    From related orgs
    $0
    Other
    $19,421
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,768
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,103
    Nontaxable benefits
    $11,318
    Filer's total
    $210,189
  • Elizabeth Lee

    VICE PRESIDENT OF DEVELOPMENT

    Total calculated
    $135,942
    From this org
    $135,942
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Sarah Song

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $129,700
    From this org
    $118,382
    From related orgs
    $0
    Other
    $11,318
    Hours/week
    40
  • Jeannie Park

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Josephine Shin

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • David K Park

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Michael K Chung

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Judy Kim - Resigned By Dec 2025

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Lisa Kim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Edward J Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Phillip Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • David H Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Chris Park - Resigned By Dec 2025

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Richard Park - Resigned By Dec 2025

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Cathy Oh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • James Seo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Jumee Song

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Sue Kim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $3,936,420
    Expenses
    $3,824,129
    Contributions
    $3,953,907
    Grants paid
    $1,996,114
  • 2024
    Revenue
    $8,471,216
    Expenses
    $6,339,018
    Contributions
    $8,234,982
    Grants paid
    $4,490,289
  • 2023
    Revenue
    $2,723,571
    Expenses
    $3,378,452
    Contributions
    $2,615,805
    Grants paid
    $2,029,500
  • 2022
    Revenue
    $3,884,951
    Expenses
    $3,105,762
    Contributions
    $3,920,331
    Grants paid
    $1,832,750

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $3,532,545
    Expenses
    $2,526,804
    Assets (EOY)
    $4,855,167
  • 2020 · 990

    Revenue
    $2,223,370
    Expenses
    $1,714,507
    Assets (EOY)
    $2,863,182

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.