Hapa Foundation
- Assets
- $266.0k
- Revenue
- -$910.0
- Investments
- $254.0k
- Employees
- 0
- Location
- Fullerton, CA
- Founding
- 01/2007
- Data as of
- 12/2022
- EIN
- 20-7056729
Organization Overview
Hapa Foundation is located in Fullerton, CA. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hapa Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kye Hwan Kim Trustee | 4 | $0 | |
Chong S Kim Trustee | 4 | $0 | |
Harry Kim Trustee | 2 | $0 | |
Paul Kim Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $2,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,675 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,246 |
| Contributions, gifts, grants paid | $12,900 |
| Total expenses and disbursements | $18,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,565 |
| Savings and temporary cash investments | $5,402 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $265,971 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hapa Foundation has awarded $12,900 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ORANGE MISSION CHOIR PURPOSE: TO SUPPORT THE CHOIR ACTIVITIES PROVIDING MUSIC TO LOCAL COMMUNITY. | $1,000 |
JOY CENTER FOR DISABLED PURPOSE: TO SUPPORT THE ORGANIZATION PROVIDING VARIOUS SERVICES TO DISABLED. | $500 |
SYNNGMAN RHEE PURPOSE: TO EDUCATE HIGH SCHOOL STUDENTS ABOUT THE FIRST PRESIDENT OF SOUTH KOREA. | $500 |
FULLERTON PRESBYTERIAN CHOURCH PURPOSE: TO SUPPORT LOCAL MISSIONARY ACTIVITES PROVIDED BY THE CHURCH. | $2,500 |
SOMANG SOCIETY PURPOSE: TO SUPPORT SENIOR CITIZENS WELFARE INCLUDING THEIR FUTURE PLANNING FOR WELL DYING. | $5,900 |
GBC PURPOSE: TO SUPPORT GOSPEL BROADCASTING COMPANY. | $500 |