NonprofitsSeverance Alumni Association Inc

Education

Severance Alumni Association Inc

ROSLYN, NY

Total revenue

$486K

Total expenses

$85K

Net assets

$2.1M

Grants received

$430K

13 grants

EIN

112387947

Tax year

2023

Mission

The grant of scholarships to medical students, the organization of seminars and conferences on topics of interest to its members, and the enhancement of friendship and communication among its members.

Financials

FY 2023

Revenue

Contributions & grants$259K
Program service revenue
Investment income$227K
Other revenue
Total revenue$486K

Expenses

Grants paid$19K
Salaries & benefits$43K
Fundraising
Other expenses$23K
Total expenses$85K
Total assets$2.3M
Net assets$2.1M

People

6 listed

NameRoleCompensation

CHUN S KIM

COMMITTEE CH

Board

3 hrs/wk

BONG S LEE

FINANCIAL CO

Board

1 hrs/wk

HEUNG K OH

DIRECTOR

Board

3 hrs/wk

CHANG JO PARK

TREASURER

Board

3 hrs/wk

HOON JAE PARK

EXECUTIVE VP

Board

1 hrs/wk

YONG D PARK

PRESIDENT

Board

3 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$2K
EDUCATION INSTITUTION
2024
$40K
For grant recipient's exempt purposes
2023
$100K
UNRESTRICTED GENERAL SUPPORT
2022
$17K
For grant recipient's exempt purposes
2022
$13K
For grant recipient's exempt purposes
2021
$13K
For grant recipient's exempt purposes
2021
$100K
Scholarship
2020
$9K
For grant recipient's exempt purposes
2020
$15K
SCHOLARSHIP
2018
$14K
For grant recipient's exempt purposes
2018

Funded by

$430K from 6 funders · 13 grants · 2018–2024

The Lee and Yum Foundation

$115K · 2 grants · 2018–2020

Fidelity Investments Charitable Gift Fund

$107K · 6 grants · 2018–2023

Donor Advised Charitable Giving Inc

$97K · 2 grants · 2019–2020

American Endowment Foundation

$10K · 1 grant · 2020

S Peter Chung Family

$2K · 1 grant · 2024

Details

EIN112387947
NTEE codeB84Z
Subsection03
Ruling date1977-05
Formed1975
Employees1
SEVERANCE ALUMNI ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo