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Jkbae Foundation is a private corporation based in CLIFTON, VA. The foundation received its IRS ruling in 2008. The principal officer is Sung Ho Bae. It holds total assets of $1.9M. Annual income is reported at $47K. 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 2020 to 2023. The foundation primarily funds organizations in District of Columbia, Delaware and Illinois. According to available records, Jkbae Foundation has made 52 grants totaling $216K, with a median grant of $3K. The foundation has distributed between $65K and $80K annually from 2020 to 2022. Individual grants have ranged from $500 to $30K, with an average award of $4K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Texas, District of Columbia, Delaware, which account for 40% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$5K
Largest Grant
$30K
Based on 16 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.
Jkbae Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in TX, DC, DE.
Jkbae Foundation has distributed a total of $216K across 52 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $500 to $30K.
Jkbae Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jkbae Foundation is headquartered in CLIFTON, VA. While based in VA, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Sung Ho Bae | PRESIDENT | $0 | $0 | N/A |
| Kwan Hee Bae | VICE PRESIDE | $0 | $0 | N/A |
| Jeanie Y Chang | SECRETARY | $0 | $0 | N/A |
| Katherine Y Kan | TREASURER | $0 | $0 | N/A |
| Joel Kan | TRUSTEE | $0 | $0 | N/A |
| Jonathan Chang | TRUSTEE | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$59K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
N/A
Total: $405K
Total Grants
52
Total Giving
$216K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
22
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jesus Awakening Movement For AmericaOPERATING SUPPORT | Lindale, TX | $20K | 2022 |
| Wesley Theological SeminaryOPERATING SUPPORT | Washington, DC | $10K | 2022 |
| Delaware Korean United Methodist ChurchOPERATING SUPPORT | Hockessin, DE | $5K | 2022 |
| Truro Preschool & KindergartenOPERATING SUPPORT | Fairfax, VA | $5K | 2022 |
| Teach BeyondOPERATING SUPPORT | Downers Grove, IL | $5K | 2022 |
| Shalom Israel MinistriesOPERATING SUPPORT | Kent Store, VA | $3K | 2022 |
| AcciOPERATING SUPPORT | Rock Hill, SC | $3K | 2022 |
| Little Lights Urban MinistriesOPERATING SUPPORT | Washington, DC | $3K | 2022 |
| Ministry Of CaringOPERATING SUPPORT | Wilmington, DE | $2K | 2022 |
| Jesus Medical Clinic In HaitiOPERATING SUPPORT | Cherry Hill, NJ | $2K | 2022 |
| The Cornerstone FoundationOPERATING SUPPORT | Biloxi, MS | $2K | 2022 |
| Global Medical Missions AllianceOPERATING SUPPORT | Irvine, CA | $2K | 2022 |
| The Salvation Army WilmingtonOPERATING SUPPORT | Wilmington, DE | $500 | 2022 |
| Save The ChildrenOPERATING SUPPORT | Washington, DC | $500 | 2022 |
| Unicef UsaOPERATING SUPPORT | New York, NY | $500 | 2022 |
| Food For The Poor IncOPERATING SUPPORT | Coconut Creek, FL | $500 | 2022 |
| International Fellowship Of Christians And JewsOPERATING SUPPORT | Merrifield, VA | $500 | 2022 |
| Feeding AmericaOPERATING SUPPORT | Chicago, IL | $500 | 2022 |
| Authentic Self-Care And Wellness IncOPERATING SUPPORT | Cary, NC | $10K | 2021 |
| Feed The ChildrenOPERATING SUPPORT | Oklahoma City, OK | $500 | 2021 |
| Food Bank Of DelawareOPERATING SUPPORT | Newark, DE | $500 | 2021 |
| Council Of Korean AmericansOPERATING SUPPORT | Washington, DC | $10K | 2020 |