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Kahng Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 1998. The principal officer is Stephen Kahng. It holds total assets of $5.6M. Annual income is reported at $2.6M. Total assets have grown from $2M in 2011 to $5.1M in 2023. 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 2023. Funding is distributed across 4 states, including New York, Texas, District of Columbia. According to available records, Kahng Foundation has made 109 grants totaling $6.5M, with a median grant of $25K. Annual giving has grown from $1.2M in 2021 to $1.8M in 2023. Grantmaking activity was highest in 2022 with $3.5M distributed across 58 grants. Individual grants have ranged from $110 to $600K, with an average award of $60K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in New York, Texas, California, which account for 88% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$525
Median Grant
$25K
Average Grant
$46K
Largest Grant
$250K
Based on 20 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.
Kahng Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 109 grants. Its grantmaking reaches organizations primarily in NY, TX, CA.
Kahng Foundation has distributed a total of $6.5M across 109 grants. The median grant size is $25K, with an average of $60K. Individual grants have ranged from $110 to $600K.
Kahng Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kahng Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$2.1M
Total Assets
$5.1M
Fair Market Value
$42.1M
Net Worth
$5M
Grants Paid
$1.8M
Contributions
N/A
Net Investment Income
$2.8M
Distribution Amount
$1.8M
Total: $813K
Total Grants
109
Total Giving
$6.5M
Average Grant
$60K
Median Grant
$25K
Unique Recipients
45
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MichiganFor Charitable Purpose of Organization | Ann Arbor, MI | $400K | 2023 |
| New York PhilharmonicFor Charitable Purpose of Organization | New York, NY | $254K | 2023 |
| Harvard UniversityFor Charitable Purpose of Organization | Cambridge, MA | $250K | 2023 |
| St Patrick'S Cathedral Landmark FoundationFor Charitable Purpose of Organization | New York, NY | $200K | 2023 |
| Ewha Womens' UniversityFor Charitable Purpose of Organization | New York, NY | $100K | 2023 |
| San Francisco OperaFor Charitable Purpose of Organization | San Francisco, CA | $100K | 2023 |
| Metropolitan Museum Of ArtFor Charitable Purpose of Organization | New York, NY | $50K | 2023 |
| Australian American Leadership Dialogue FoundationFor Charitable Purpose of Organization | New York, NY | $50K | 2023 |
| Whitney MuseumFor Charitable Purpose of Organization | New York, NY | $40K | 2023 |
| Committee For Human Rights In North KoreaFor Charitable Purpose of Organization | Washington, DC | $40K | 2023 |
| Ut Austin - School Of Fine ArtsFor Charitable Purpose of Organization | Austin, TX | $36K | 2023 |
| Texas Performing Arts The University Of Texas At AustinFor Charitable Purpose of Organization | Austin, TX | $30K | 2023 |
| Gold House Foundation IncFor Charitable Purpose of Organization | Walnut, CA | $25K | 2023 |
| Austin SymphonyFor Charitable Purpose of Organization | Austin, TX | $25K | 2023 |
| Blanton Museum Of Art The University Of Texas At AustinFor Charitable Purpose of Organization | Austin, TX | $25K | 2023 |
| Foreign Policy AssociationFor Charitable Purpose of Organization | New York, NY | $25K | 2023 |
| Metropolitan OperaFor Charitable Purpose of Organization | New York, NY | $25K | 2023 |
| Stanford University - Cantor Arts MuseumFor Charitable Purpose of Organization | Stanford, CA | $23K | 2023 |
| Los Angeles County Museum Of ArtFor Charitable Purpose of Organization | Los Angeles, CA | $20K | 2023 |
| Tate Americas FoundationFor Charitable Purpose of Organization | New York, NY | $15K | 2023 |
| Guggenheim FoundationFor Charitable Purpose of Organization | New York, NY | $15K | 2023 |
| St John Newman Catholic ChurchFor Charitable Purpose of Organization | Austin, TX | $10K | 2023 |
| The New MuseumFor Charitable Purpose of Organization | New York, NY | $8K | 2023 |
| Museum Of Modern ArtFor Charitable Purpose of Organization | New York, NY | $7K | 2023 |
| Council On Foreign RelationsFor Charitable Purpose of Organization | New York, NY | $3K | 2023 |
| The Sejong Cultural SocietyFor Charitable Purpose of Organization | Glenview, IL | $1K | 2023 |
| University Of Texas At Austin Dell Medical CenterFor Charitable Purpose of Organization | Austin, TX | $100K | 2022 |
| Stanford Graduate School Of BusinessFor Charitable Purpose of Organization | Stanford, CA | $100K | 2022 |
| Asian Art MuseumFor Charitable Purpose of Organization | San Francisco, CA | $100K | 2022 |
| Ut Austin - Strauss Centerlbj SchoolFor Charitable Purpose of Organization | Austin, TX | $100K | 2022 |
| University Of Texas At Austin School Of Fine ArtsFor Charitable Purpose of Organization | Austin, TX | $52K | 2022 |
| Harvard University - Kennedy SchoolFor Charitable Purpose of Organization | Cambridge, MA | $50K | 2022 |