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Asian Research Foundation is a private corporation based in AIEA, HI. The foundation received its IRS ruling in 2014. The principal officer is Hugh Hw Kang. It holds total assets of $1.3M. Annual income is reported at $213K. Total assets have decreased from $2.5M in 2013 to $1.3M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Asian Research Foundation has made 11 grants totaling $500K, with a median grant of $70K. Annual giving has grown from $70K in 2020 to $330K in 2022. Individual grants have ranged from $7K to $80K, with an average award of $45K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Hawaii. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Asian Research Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in HI.
Asian Research Foundation has distributed a total of $500K across 11 grants. The median grant size is $70K, with an average of $45K. Individual grants have ranged from $7K to $80K.
Asian Research Foundation typically selects its grantees rather than accepting unsolicited proposals.
Asian Research Foundation is headquartered in AIEA, HI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Namsun Song | PRESIDENT | $0 | $0 | N/A |
| Edward Shultz | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Sang Hyop Lee | SECRETARY | $0 | $0 | N/A |
| Tae-Ung Baik | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Hyunae Oh | DIRECTOR | $0 | $0 | N/A |
| Haemi Kwon | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$500K
Average Grant
$45K
Median Grant
$70K
Unique Recipients
5
Most Common Grant
$70K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Osaka Korea Town MuseumEDUCATIONAL GRANT | — | $80K | 2022 |
| International Society For Korean StudiesEDUCATIONAL GRANT | — | $70K | 2022 |
| Center For Korean StudiesEDUCATIONAL GRANT | Honolulu, HI | $9K | 2022 |
| University Of Hawaii PressPUBLICATION SUBVENTION FOR A TRANSLATION OF A KOREAN HISTORY | Honolulu, HI | $7K | 2022 |
| University Of Hawaii FoundationCENTER FOR KOREAN STUDIES ENRICHMENT FUND | Honolulu, HI | $30K | 2021 |
HONOLULU, HI
KILAUEA, HI
HONOLULU, HI