Korean American Next Generation Foundation
Preselected recipients only
Korean American Next Generation Foundation is a private foundation in Cerritos, California. In tax year 2024 it gave $24,975 in 14 grants; the typical grant was $1,500 and the largest $8,675. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$24,975
- Number of grants14
- Typical grant$1,500
- Largest grant$8,675
- Assets$204,949
- New grantees100%
Giving in 2024 was up from $21,136 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $21,136 | 11 | $169,665 |
| 2024 | $24,975 | 14 | $204,949 |
How to apply
Korean American Next Generation Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Korean American Next Generation Foundation funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 14 | $24,975 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Good Community Church | Missionary support | $8,675 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $100 |
| Individual | Scholarship | $100 |
| Individual | Scholarship | $100 |
Officers and trustees
- Joonghan Kang
Questions people ask
Does Korean American Next Generation Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Korean American Next Generation Foundation give?
$24,975 in tax year 2024, across 14 grants, with a typical grant of $1,500.
Who runs Korean American Next Generation Foundation?
Its 2024 filing lists Joonghan Kang (President).
What does Korean American Next Generation Foundation fund?
Based on its grants, mainly education.