D K Kim Foundation Inc
- Assets
- $2.2m
- Revenue
- $743.1k
- Investments
- $1.9m
- Employees
- 0
- Location
- Ontario, CA
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 33-1059702
Organization Overview
D K Kim Foundation Inc is located in Ontario, CA. The organization was established in 2003. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. D K Kim 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 12/2021, D K Kim Foundation Inc generated $743.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $526.9k during the year ending 12/2021. While expenses have increased by 12.2% 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 2014, D K Kim Foundation Inc has awarded 65 individual grants totaling $6,686,394. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dong Koo Kim President ,ceo | 15 | $0 | |
Brent Jeon Director | 2 | $0 | |
Maria Hon Secretary, CFO | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $511,000 |
| Interest on Savings | $19,000 |
| Dividends & Interest | $11,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $201,071 |
| Capital Gain Net Income | $201,071 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $743,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,508 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,683 |
| Printing and publications | $0 |
| Other expenses | $17,654 |
| Total operating and administrative expenses | $44,900 |
| Contributions, gifts, grants paid | $482,046 |
| Total expenses and disbursements | $526,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,525 |
| Savings and temporary cash investments | $0 |
| 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 | $280,861 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,192,126 |
| 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, D K Kim Foundation Inc has awarded $482,046 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DK KIM KOREA FOUNDATION PURPOSE: TO SUPPORT VARIOUS PHILANTHROPY CAUSES | $200,000 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: TO SUPPORT VARIOUS PHILANTHROPY CAUSES | $200,000 |
TGR FOUNDATION PURPOSE: TO SUPPORT EDUCATIONAL PURPOSES | $20,000 |
Los Angeles, CA PURPOSE: TO SUPPORT VARIOUS PHILANTHROPY CAUSES | $20,000 |
RAJASTHAN MEDICAL SVCS CORP LTD PURPOSE: TO SUPPORT VARIOUS PHILANTHROPY CAUSES | $14,976 |
Arlington, VA PURPOSE: TO SUPPORT EDUCATIONAL PURPOSES | $12,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that D K Kim Foundation Inc has recieved totaling $2,784.
| Awarding Organization | Amount |
|---|---|
Open Stewardship Foundation Los Angeles, CA PURPOSE: ASIAN SYMPHONY EVENT | $2,784 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bright Funds Foundation San Jose, CA | $23,418,833 | $59,277,249 |
Monterey Peninsula Foundation Monterey, CA | $50,385,331 | $28,291,060 |
Tiger Woods Charity Event Corp Irvine, CA | $9,536,474 | $23,227,782 |
Pledgeling Foundation Venice, CA | $2,856,994 | $17,411,331 |
Social Impact Fund Los Angeles, CA | $12,584,440 | $14,562,924 |
Solidaire Network Inc Oakland, CA | $12,776,145 | $7,898,596 |
Century Club Of San Diego La Jolla, CA | $2,243,411 | $13,615,886 |
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |