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Also known as: FKA CORAM DEO FOUNDATION INC
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Rhema Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. The principal officer is John Kim. It holds total assets of $2.5M. Annual income is reported at $353K. Total assets have grown from $1.2M in 2014 to $2.5M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of religion. Tax records are available from 2015 to 2024. According to available records, Rhema Foundation Inc. has made 9 grants totaling $174K, with a median grant of $20K. Annual giving has grown from $74K in 2021 to $100K in 2022. Individual grants have ranged from $5K to $30K, with an average award of $19K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New York and Ohio.
Smallest Grant
$5K
Median Grant
$14K
Average Grant
$15K
Largest Grant
$25K
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.
Rhema Foundation Inc. primarily funds organizations in the area of religion. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY, OH.
Rhema Foundation Inc. has distributed a total of $174K across 9 grants. The median grant size is $20K, with an average of $19K. Individual grants have ranged from $5K to $30K.
Rhema Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (472571447) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Rhema Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Kim | Director | $0 | $0 | N/A |
| Hye Kyung So | Director | $0 | $0 | N/A |
| Dave Blanchard | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.5M
Fair Market Value
N/A
Net Worth
$2.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$174K
Average Grant
$19K
Median Grant
$20K
Unique Recipients
5
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Order Of Common LifeRELIGIOUS | Columbus, OH | $30K | 2022 |
| Tgc Upper West SideRELIGIOUS | New York, NY | $20K | 2022 |
| Coram Deo Churchreligious | New York, NY | $14K | 2021 |
| Main And PlainRELIGIOUS | Brooklyn, NY | $10K | 2021 |
| Hope ChelseaRELIGIOUS | New York, NY | $5K | 2021 |