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Also known as: C/O BESSEMER TRUST NA
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Jeong H Kim Foundation is a private trust based in GARDEN CITY, NY. The foundation received its IRS ruling in 1998. The principal officer is Alex Brown Capital Advisory & Tru. It holds total assets of $1.1M. Annual income is reported at $155K. 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 2023. The foundation primarily funds organizations in Virginia, District of Columbia and Florida. According to available records, Jeong H Kim Foundation has made 18 grants totaling $410K, with a median grant of $5K. Annual giving has grown from $45K in 2020 to $100K in 2023. Grantmaking activity was highest in 2022 with $200K distributed across 2 grants. Individual grants have ranged from $5K to $100K, with an average award of $23K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in District of Columbia, Virginia, Florida, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$20K
Based on 5 grants from the most recent 990-PF filing.
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.
Jeong H Kim Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in DC, VA, FL.
Jeong H Kim Foundation has distributed a total of $410K across 18 grants. The median grant size is $5K, with an average of $23K. Individual grants have ranged from $5K to $100K.
Jeong H Kim Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jeong H Kim Foundation is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bessemer Trust Company Na | CORPORATE TRUSTEE | $6K | $0 | $6K |
| Jeong H Kim | TRUSTEE | $0 | $0 | N/A |
| Cynthia H Kim | TRUSTEE | $0 | $0 | N/A |
Total Giving
$109K
Total Assets
$1.1M
Fair Market Value
$1.4M
Net Worth
$1.1M
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$42K
Distribution Amount
$63K
Total Grants
18
Total Giving
$410K
Average Grant
$23K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| America Frontier FundGENERAL SUPPORT | Arlington, VA | $100K | 2023 |
| Nuclear Threat Initiative IncGENERAL SUPPORT | Washington, DC | $100K | 2022 |
| The Horatio Alger Association Of Distinguished AmericansGENERAL SUPPORT | Alexandria, VA | $20K | 2021 |
| The Korean American Scholarship FoundationGENERAL SUPPORT | Tysons Corner, VA | $5K | 2021 |
| Care UsaGENERAL SUPPORT | Merrifield, VA | $5K | 2021 |
| Family Counseling Center Of Greater Washington (Fccgw)GENERAL SUPPORT | Vienna, VA | $5K | 2021 |
| Jobs Have Priority IncGENERAL SUPPORT | Washington, DC | $5K | 2021 |
| Korean American Disabled Peoples Association IncGENERAL SUPPORT | Ellicott City, MD | $5K | 2021 |
| Jill'S House IncGENERAL SUPPORT | Vienna, VA | $5K | 2021 |
| Little Lights Urban MinistriesGENERAL SUPPORT | Washington, DC | $5K | 2021 |
| Korean Community Service CenterGENERAL SUPPORT | Edmonds, WA | $5K | 2021 |
| Tragedy Assistance Program For SurvivorsGENERAL SUPPORT | Arlington, VA | $5K | 2021 |
| Pga ReachGENERAL SUPPORT | Palm Beach Gardens, FL | $10K | 2020 |