Ryu Family Foundation Inc

Organization Overview

Ryu Family Foundation Inc is located in Woodland Park, NJ. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ryu Family Foundation Inc 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 06/2024, Ryu Family Foundation Inc generated $52.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $93.1k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Ryu Family Foundation Inc has awarded 52 individual grants totaling $119,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP GRANTS DIRECTLY PAID FOR TUITION TO COLLEGE STUDENTS ON THEIR MERITS AND FINANCIAL NEEDS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $42,523
Net Rental Income$0
Net Gain on Sale of Assets $9,600
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $52,123

Grants Awarded

Over the last fiscal year, Ryu Family Foundation Inc has awarded $30,000 in support to 15 organizations.

Grant RecipientAmount

JI YUN HAN

PURPOSE: TUITION

$2,000

EUN JUNG CHOI

PURPOSE: TUITION

$2,000

JENNIFER HONG

PURPOSE: TUITION

$2,000

JAMES KIM

PURPOSE: TUITION

$2,000

JOSHUA KIM

PURPOSE: TUITION

$2,000

JIWON LIM

PURPOSE: TUITION

$2,000
View Grant Profile

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