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Han Bit Foundation Inc. is a private corporation based in SANDY SPRINGS, GA. The foundation received its IRS ruling in 2021. The principal officer is Jay Eun. It holds total assets of $2M. Annual income is reported at $1.3M. Total assets have grown from N/A in 2020 to $2M in 2024. The foundation is governed by 3 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 2020 to 2024. According to available records, Han Bit Foundation Inc. has made 28 grants totaling $357K, with a median grant of $10K. Annual giving has decreased from $210K in 2022 to $147K in 2023. Individual grants have ranged from $2K to $50K, with an average award of $13K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Georgia and District of Columbia and Virginia. 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.
Han Bit Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in GA, DC, VA.
Han Bit Foundation Inc. has distributed a total of $357K across 28 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $2K to $50K.
Han Bit Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Han Bit Foundation Inc. is headquartered in SANDY SPRINGS, GA. While based in GA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay Eun | DIRECTOR & C | $0 | $0 | N/A |
| Stella Eun | DIRECTOR, VI | $0 | $0 | N/A |
| Daniel Eun | DIRECTOR & S | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2M
Fair Market Value
N/A
Net Worth
$2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
28
Total Giving
$357K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kcmp IncGENERAL | Milton, GA | $50K | 2023 |
| Kcpc MexicoGENERAL | Duluth, GA | $30K | 2023 |
| Korean American Grassroots ConferenGENERAL | Washington, DC | $15K | 2023 |
| KasfGENERAL | Suwanee, GA | $10K | 2023 |
| Korean Association Of AtlantaGENERAL | Norcross, GA | $10K | 2023 |
| American Korean Friendship SocietyGENERAL | Sandy Springs, GA | $10K | 2023 |
| Mission AgapeGENERAL | Duluth, GA | $10K | 2023 |
| New Atlanta PhilharmonicGENERAL | Suwanee, GA | $8K | 2023 |
| Ebenezeri-Health Care ServicesGENERAL | Norcross, GA | $2K | 2023 |
| Korean American Culture FoundationGENERAL | Suwanee, GA | $2K | 2023 |
| Korean War VeteransGENERAL | Alexandrea, VA | $10K | 2022 |
| 1004 Po Charities IncGENERAL | Duluth, GA | $5K | 2022 |
| Columbia Theological SeminaryGENERAL | Decatur, GA | $5K | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA