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Denali Foundation is a private corporation based in ANCHORAGE, AK. The foundation received its IRS ruling in 2001. The principal officer is % Chuck Kim Manager. It holds total assets of $874K. Annual income is reported at $917K. GENERAL SUPPORT TO PUBLIC CHARITY-170(B)(A)(VI). According to available records, Denali Foundation has made 10 grants totaling $107K, with a median grant of $10K. Annual giving has decreased from $50K in 2021 to $30K in 2023. Individual grants have ranged from $2K to $15K, with an average award of $11K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Alaska. Contributions to this foundation are tax-deductible.
GENERAL SUPPORT TO PUBLIC CHARITY-170(B)(A)(VI)
Expenses: $50K
GENERAL SUPPORT TO PUBLIC CHARITY-170(B)(A)(VI). Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in AK.
Denali Foundation has distributed a total of $107K across 10 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $2K to $15K.
Denali Foundation typically selects its grantees rather than accepting unsolicited proposals.
Denali Foundation is headquartered in ANCHORAGE, AK.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chuck Kim | CEO & SECRET | $0 | $0 | $0 |
| Suejean S Kim | PRESIDENT | $0 | $0 | $0 |
Total Giving
$33K
Total Assets
$610K
Fair Market Value
$550K
Net Worth
$610K
Grants Paid
$30K
Contributions
$0
Net Investment Income
$7K
Distribution Amount
$26K
Total: $592K
Total Grants
10
Total Giving
$107K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Korean School FoundationGENERAL SUPPORT FOR PUBLIC CHARITY | Anchorage, AK | $15K | 2023 |
| Peace MinistryGENERAL SUPPORT FOR PUBLIC CHARITY | Anchorage, AK | $15K | 2023 |
| Kor-Ame Community Of AnchorageGENERAL SUPPORT FOR PUBLIC CHARITY | Anchorage, AK | $2K | 2022 |
| Kor-Ame Senior AssociationGENERAL SUPPORT FOR PUBLIC CHARITY | Anchorage, AK | $10K | 2021 |
| Korean Cultural Center AlaskaGENERAL SUPPORT FOR PUBLIC CHARITY | Anchorage, AK | $10K |
Other foundations that have funded Denali Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Doris S And Charles F Michaelsfoundation Inc. | $33K | 2023 | TO SUPPORT THE OPERATIONS OF THE FOUNDATION. |
| Bennett Family Foundation | $23K | 2023 | OPERATING FUND |
| Doris S And Charles F Michaelsfoundation Inc. | $15K | 2022 | TO SUPPORT THE OPERATIONS OF THE FOUNDATION. |
| Doris S And Charles F Michaelsfoundation Inc. | $15K | 2022 | TO SUPPORT THE OPERATIONS OF THE FOUNDATION. |
TORRANCE, CA
PURCHASE, NY
NAPLES, FL
PURCHASE, NY
DOWNEY, CA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2021 |
| Bennett Family Foundation | $10K | 2022 | OPERATING FUND |
| Bennett Family Foundation | $10K | 2022 | OPERATING FUND |
| Mutual Of America Foundation | $1K | 2022 | GENERAL OPERATING PURPOSE |
| Bennett Family Foundation | $10K | 2021 | OPERATING FUND |
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