NonprofitsThe Korean American Scholarship Foundation

The Korean American Scholarship Foundation

TYSONS CORNER, VA

Total revenue

$1.6M

Total expenses

$1.1M

Net assets

$6.7M

Grants received

$619K

26 grants

EIN

237151484

Tax year

2024

Mission

Organization's mission: the primary purposes of the organization are: 1) to assist financially needy korean american students in pursuit of academic and personal achievement, 2) to encourage community and civic services as an intergral part of leadership development, and 3) to nurture a sense of pride and confidence in korean culture and heritage.

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue
Investment income$225K
Other revenue$108K
Total revenue$1.6M

Expenses

Grants paid$857K
Salaries & benefits$92K
Fundraising
Other expenses$138K
Total expenses$1.1M
Total assets$6.7M
Net assets$6.7M

People

26 listed

NameRoleCompensation

HYE WON CHO

Executive Dir.

Board

$92K

40 hrs/wk

JAY LEE

CHAIRPERSON

Board

2 hrs/wk

CHRISTINE KIM

NERC TREASURER

Board

2 hrs/wk

ALEX LEE

Secretary

Board

2 hrs/wk

HYUN J NAM

Treasurer

Board

3 hrs/wk

HENRY CHOI

Vice Chairman

Board

2 hrs/wk

JANE LEE-KWON

MWRC PRESIDENT

Board

2 hrs/wk

SUNGSU JOHN KANG

Chairman

Board

2 hrs/wk

TOMAS RITTER

MWRC Treasurer

Board

2 hrs/wk

SANG NAM LEE

Chairman

Board

2 hrs/wk

ROBYN BRINKERHOFF

CHAIRWOMAN

Board

2 hrs/wk

ERIC CHOI

WRC PRESIDENT

Board

2 hrs/wk

YOUNG JIN LEE

SRC TREASURER

Board

2 hrs/wk

HYUN JOO LEE

NERC PRESIDENT

Board

2 hrs/wk

PHILIP YUN

MSRC PRESIDENT

Board

2 hrs/wk

SANG JOSHUA KIM

Chairman

Board

3 hrs/wk

FRANK LEE

Chairman

Board

3 hrs/wk

GINA HUH

CHAIRWOMAN

Board

2 hrs/wk

GIMIN KIM

Chairman

Board

2 hrs/wk

SUZANNE KIM DOUD GALLI

ERC PRESIDENT

Board

2 hrs/wk

MICHAEL KANG

ERC TREASURER

Board

2 hrs/wk

MIKYONG HAHM

SRC PRESIDENT

Board

2 hrs/wk

WONHO LEE

SWRC PRESIDENT

Board

2 hrs/wk

JIHEE LEE

SWRC TREASURER

Board

2 hrs/wk

IN-KYUNG CHUNG

MSRC TREASURER

Board

2 hrs/wk

GLORIA LEE

WRC TREASURER

Board

2 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$50K
General & Unrestricted
2024
$25K
TO PROVIDE SCHOLARSHIPS
2024
$5K
COMMUNITY OUTREACH
2024
$50K
General & Unrestricted
2023
$40K
For grant recipient's exempt purposes
2023
$26K
TO PROVIDE SCHOLARSHIPS
2023
$300
EDUCATION
2023
$50K
General & Unrestricted
2022
$44K
For grant recipient's exempt purposes
2022
$29K
TO PROVIDE SCHOLARSHIPS
2022
$5K
COMMUNITY SUPPORT
2022
$5K
COMMUNITY OUTREACH
2022
$50K
General & Unrestricted
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$5K
GENERAL SUPPORT
2021
$5K
COMMUNITY SUPPORT
2021
$57K
For grant recipient's exempt purposes
2020
$50K
General & Unrestricted
2020
$5K
GENERAL SUPPORT
2020
$5K
1 GRANT(S) FOR VARYING PURPOSES
2020
$5K
COMMUNITY SUPPORT
2020
$13K
For grant recipient's exempt purposes
2019
$50K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$619K from 11 funders · 26 grants · 2017–2024

Dow Kim Family Foundation

$250K · 5 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$224K · 7 grants · 2017–2023

The Chu Family Foundation Inc

$80K · 3 grants · 2022–2024

Ross Stores Foundation

$15K · 3 grants · 2020–2022

Csk Charitable Foundation

$10K · 2 grants · 2022–2024

Jeong H Kim Foundation

$5K · 1 grant · 2021

Details

EIN237151484
Subsection03
Ruling date1972-01
Formed1969
Employees0
Volunteers140
THE KOREAN AMERICAN SCHOLARSHIP FOUNDATION — Mission, Financials & Grants Received | Grantivo