Ts Kim Architectural Fellowship Foundation Incorporated
- Assets
- $659.4k
- Revenue
- $123.8k
- Investments
- $401.0k
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 22-3136019
Organization Overview
Ts Kim Architectural Fellowship Foundation Incorporated is located in West Hartford, CT. The organization was established in 1991. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ts Kim Architectural Fellowship Foundation Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ts Kim Architectural Fellowship Foundation Incorporated generated $123.8k in total revenue. All expenses for the organization totaled $102.3k during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ts Kim Architectural Fellowship Foundation Incorporated has awarded 40 individual grants totaling $709,772. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS PROVIDED VARIOUS FINANCIAL FELLOWSHIP AWARDS FOR ARCHITECTURAL STUDENTS AND INSTITUTIOS, AND RELATED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mikyoung Kim President | 0.5 | $0 | |
Tai Soo Kim Sec'y/treas | 1 | $0 | |
Ryoung-Ja Director | 0.5 | $0 | |
T Whitcomb Iglehart Director | 0.5 | $0 | |
Jung-Gon Kim Director | 0.5 | $0 | |
Ryszard Szczypek Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,864 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,612 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,325 |
| Capital Gain Net Income | $155,715 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $123,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,000 |
| Total operating and administrative expenses | $4,311 |
| Contributions, gifts, grants paid | $98,000 |
| Total expenses and disbursements | $102,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $258,400 |
| 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 | $659,423 |
| 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, Ts Kim Architectural Fellowship Foundation Incorporated has awarded $98,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
YALE UNIVERSITY PURPOSE: FIRST YEAR BUILDING PROJECT | $50,000 |
SEOUL NATIONAL UNIVERSITY PURPOSE: VISITING CRITIC AWARD | $16,000 |
MIN JEE HEE PURPOSE: TRAVELING FELLOWSHIP | $12,000 |
LEE YAN HO PURPOSE: TRAVELING FELLOWSHIP | $12,000 |
West Hartford, CT PURPOSE: TRAVELING FELLOWSHIP AWARD | $6,000 |
West Hartford, CT PURPOSE: SCHOLARSHIP FOR ARCH MASTER PROGRAM | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Andy Warhol Foundation For The Visual Arts Inc New York, NY | $375,628,094 | $51,526,373 |
Production Industrial Tech Textile & Prof Employees Loc 124 Wlfr Fund Valhalla, NY | $838,103 | $5,998,825 |
Lily Auchincloss Foundation Inc New York, NY | $46,827,043 | $6,935,321 |
Solow Art And Architecture Foundation New York, NY | $241,786,081 | $29,285,009 |
Municipal Art Society Of New York New York, NY | $12,093,728 | $3,370,052 |
The Wildenstein Plattner Institute New York, NY | $1,898,409 | $4,064,152 |
Drawing Center Inc New York, NY | $11,094,197 | $3,697,448 |
Van Alen Institute Projects In Public Architecture Brooklyn, NY | $44,490,814 | $3,072,994 |
Urbanglass New York Contemporary Glass Center Inc Brooklyn, NY | $1,687,992 | $2,437,335 |
American Institute Of Architects New York, NY | $10,952,534 | $3,079,461 |
Williamstown Art Conservation Center Inc Williamstown, MA | $5,527,048 | $2,431,960 |
Waterfire Providence Providence, RI | $10,698,557 | $2,564,695 |