T&h Foundation is located in Dallas, TX. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. T&h Foundation 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 12/2023, T&h Foundation generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.3%) each year. All expenses for the organization totaled $142.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, T&h Foundation has awarded 14 individual grants totaling $261,800. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS WERE MADE TO (1)MISSIONS ORGANIZATIONS, (2)LOCAL COMMUNITY CENTER AND (3)CHURCHES WITH (7) BENEFICIARIES TO HELP FURTHER THEIR EDUCATION ENDEAVOR AND TO SERVE CHURCH'S ETHNIC CONGREGATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Odes H Kim President | 0 | $0 | |
Chong A Kim Secretary | 0 | $0 | |
Jinsop Park Treasurer | 0 | $0 | |
Hanna Kim Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $13,745 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $13,745 |
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 | $307 |
Total operating and administrative expenses | $2,407 |
Contributions, gifts, grants paid | $140,400 |
Total expenses and disbursements | $142,807 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $375,019 |
Savings and temporary cash investments | $355,366 |
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 | $550,400 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,280,785 |
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 |
Over the last fiscal year, T&h Foundation has awarded $140,400 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
NEW SONG CHURCH PURPOSE: CHARITY | $3,000 |
YWAM TYLER PURPOSE: CHARITY | $94,400 |
MESSENGERS OF MERCY PURPOSE: CHARITY | $11,000 |
CMF MINISTRIES PURPOSE: CHARITY | $1,000 |
FIRST KOREAN BAPTIST CHURCH PURPOSE: CHARITY | $26,000 |
RBCA PURPOSE: CHARITY | $5,000 |