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Kang Dream Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2013. It holds total assets of $7.1M. Annual income is reported at $1.6M. Total assets have grown from $974K in 2012 to $6.1M in 2022. The foundation is governed by 6 officers and trustees. Support philanthropy, voluntarism, and grantmaking while leveraging community connections and business opportunities in women's apparel to benefit local communities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in California. According to available records, Kang Dream Foundation has made 33 grants totaling $357K, with a median grant of $5K. Individual grants have ranged from $1K to $100K, with an average award of $11K. The foundation has supported 33 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$7K
Largest Grant
$55K
Based on 31 grants from the most recent 990-PF filing.
Charitable contribution beneficiary: korean american federation of los angeles
Expenses: $81K
Charitable contribution beneficiary: bkorean youth community center
Expenses: $66K
Charitable contribution beneficiary: korean america chamber of commerce
Expenses: $8K
Charitable contribution beneficiary: kcbc america
Expenses: $7K
Scholarships for employees seeking education and professional development.
Grants provided through partnerships with various non-profit organizations.
Support philanthropy, voluntarism, and grantmaking while leveraging community connections and business opportunities in women's apparel to benefit local communities. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in CA.
Kang Dream Foundation has distributed a total of $357K across 33 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $100K.
Kang Dream Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is JULY 20TH. Once grants are distributed, each grantee shall execute a kang dream foundation grant agreement as a condition of grant acceptance. Perio ic reports of the use of funds will be due every 6 months from the date of distribution if funds are not depleted and a final report of the use of funds and effectiveness of the project. However, if the grants/loans/distributions are less than 5,000, such report should be submitted nnually to the foundation by september 30 of the year following the grant.
Kang Dream Foundation is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Boomi Han | DIRECTOR | $0 | $0 | N/A |
| Janet Kang | DIRECTOR | $0 | $0 | N/A |
| Sarah Shin | DIRECTOR | $0 | $0 | N/A |
| Christin Y Kang | SECRETARY | $0 | $0 | N/A |
| Daniel Kang | TREASURER | $0 | $0 | N/A |
| Kevin Kang | PRESIDENT | $0 | $0 | N/A |
Total Giving
$335K
Total Assets
$6.1M
Fair Market Value
$6.1M
Net Worth
$6M
Grants Paid
$303K
Contributions
N/A
Net Investment Income
$173K
Distribution Amount
$310K
Total: $2.5M
Total Grants
33
Total Giving
$357K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
33
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Korean American FoundationCHARITABLE ORGANIZATION | Los Angeles, CA | $100K | 2022 |
| Koreatown Youth Community CenterPUBLIC CHARITY | Los Angeles, CA | $39K | 2022 |
| Korean American Federation Of LaASIAN HATE CRIME | Los Angeles, CA | $30K | 2022 |
| Glendale Korean Sda ChurchRELIGIOUS ORGANIZATION | Los Angeles, CA | $27K | 2022 |
| South Bay Korean Adventist ChurchRELIGIOUS ORGANIZATION | Torrance, CA | $17K | 2022 |
| Mission For TomorrowRELIGIOUS ORGANIZATION | Loma Linda, CA | $15K | 2022 |
| The American Wheat MissionCHARITABLE ORGANIZATION | Santa Fe Springs, CA | $10K | 2022 |
| Koreatown Senior Community CenterSENIOR AND COMMUNITY CENTER | Los Angeles, CA | $10K | 2022 |
| Loma Linda Sda ChurchRELIGIOUS ORGANIZATION | Redlands, CA | $8K | 2022 |
| Los Angeles Fire Department FdnVITAL STRUCTURE FIRE GLOVES | Los Angeles, CA | $8K | 2022 |
| Korea American Special Education CtEDUCATIONAL ORGANIZATION | Anaheim, CA | $7K | 2022 |
| Kavc Happy VillageMAKE WINTER JACKET FOR HOMELESS | Los Angeles, CA | $7K | 2022 |
| Shalom Disability MinistriesDEVELOPMENTAL DISABILITIES | Los Angeles, CA | $6K | 2022 |
| Korean America Family ServicesTO ENHANCE KFAM'S PROGRAMS | Los Angeles, CA | $6K | 2022 |
| Korean American Chamber Of CommerceCHARITABLE ORGANIZATION | Los Angeles, CA | $6K | 2022 |
| PavaPUBLIC CHARITY | Los Angeles, CA | $5K | 2022 |
| Cerritos Korean Sda ChurchRELIGIOUS ORGANIZATION | Anaheim, CA | $5K | 2022 |
| Kcbc AmericaBLANKETS TO HOMELESS & FOSTER HOMES | Los Angeles, CA | $5K | 2022 |
| Hwarang Youth FoundationEDUCATIONAL ORGANIZATION | Los Angeles, CA | $5K | 2022 |
| Korean Adventist PressRELIGIOUS ORGANIZATION | Los Angeles, CA | $5K | 2022 |
| Kheir ClinicCHARITABLE ORGANIZATION | Los Angeles, CA | $4K | 2022 |
| KayammRELIGIOUS ORGANIZATION | Los Angeles, CA | $4K | 2022 |
| Vision Care Service WestFREE SURGERY AND OPHTHALMIC TREATMEN | Los Angeles, CA | $3K | 2022 |
| Korean American Future FoundationCHARITABLE ORGANIZATION | Los Angeles, CA | $3K | 2022 |
| Korea Glendale Sister City AssctCHARITABLE ORGANIZATION | Glendale, CA | $3K | 2022 |
| Sda Olympic ChurchRELIGIOUS ORGANIZATION | Los Angeles, CA | $3K | 2022 |
| Korean American CoalitionEDUCATIONAL ORGANIZATION | Los Angeles, CA | $3K | 2022 |
| Hope Sight Mission AssociationTO EXPEND A CLASSROOM | Los Angeles, CA | $3K | 2022 |
| Home On The Green PastureHOMELESSNESS | Orange, CA | $2K | 2022 |
| Olympic Booster Association FdnCHARITABLE ORGANIZATION | Los Angeles, CA | $2K | 2022 |
| La Ctr Korean Seventh Day AdventistRELIGIOUS ORGANIZATION | Los Angeles, CA | $2K | 2022 |
| Oc County Korean War Memorial CmtKOREAN WAR VETERANS MEMORIAL | Garden Grove, CA | $2K | 2022 |
| La Woori Broad CastingADVERTISMENT - BUSINESS SUPPORT | Los Angeles, CA | $1K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA