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Simon & Joy Hong Foundation is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 2016. The principal officer is % Simon Hong. It holds total assets of $1.3M. Annual income is reported at $277K. THE FOUNDATION'S ONLY ACTIVITIES IN 2022 WERE THE DONATIONS TO RELIGIOUS NON-PROFIT ORGANIZATIONS, SUCH AS CHURCH AND CHRISTIAN MISSIONARY ORGANIZATIONS. According to available records, Simon & Joy Hong Foundation has made 42 grants totaling $319K, with a median grant of $2K. Annual giving has grown from $57K in 2020 to $162K in 2023. Individual grants have ranged from $45 to $85K, with an average award of $8K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in California, New York, Missouri, which account for 90% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION'S ONLY ACTIVITIES IN 2020 WERE THE DONATIONS TO RELIGIOUS NON-PROFIT ORGANIZATIONS, SUCH AS CHURCH AND CHRISTIAN MISSIONARY ORGANIZATIONS.
Expenses: $2K
THE FOUNDATION'S ONLY ACTIVITIES IN 2022 WERE THE DONATIONS TO RELIGIOUS NON-PROFIT ORGANIZATIONS, SUCH AS CHURCH AND CHRISTIAN MISSIONARY ORGANIZATIONS. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in CA, NY, MO.
Simon & Joy Hong Foundation has distributed a total of $319K across 42 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $45 to $85K.
Simon & Joy Hong Foundation typically selects its grantees rather than accepting unsolicited proposals.
Simon & Joy Hong Foundation is headquartered in PASADENA, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Simon Hong | CEO | $0 | $0 | $0 |
Total Giving
$164K
Total Assets
$1.2M
Fair Market Value
$1.3M
Net Worth
$1.2M
Grants Paid
$162K
Contributions
$200K
Net Investment Income
$23K
Distribution Amount
$0
Total Grants
42
Total Giving
$319K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
21
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Global PartnersCHRISTIAN MISSIONARY ORG. | Anaheim, CA | $2K | 2023 |
| Voice In The WildernessCHARITABLE ORG. | Kansas City, MO | $2K | 2023 |
| Veterans Of Foreign WarsCHARITABLE ORG. | Kansas City, MO | $45 | 2022 |
| All Nations ChurchCHURCH | Lake View Terrace, CA | $85K | 2023 |
| Silk Wave Mission |
ROCKFORD, IL
PALO ALTO, CA
CARMEL, IN
SARATOGA SPGS, NY
HOUSTON, TX
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Anaheim, CA |
| $48K |
| 2023 |
| Providence UniversityCHRISTIAN MISSIONARY ORG. | South Pasadena, CA | $5K | 2023 |
| Silk Road ConnectionCHRISTIAN MISSIONARY ORG. | La Canada, CA | $5K | 2023 |
| Accompany Worldwide IncCHARITABLE ORG. | Los Angeles, CA | $4K | 2023 |
| Christ Kingdom ChurchCHURCH | Fullerton, CA | $2K | 2023 |
| Ywam KmcCHRISTIAN MISSIONARY ORG. | Pasadena, CA | $2K | 2023 |
| Iata Cherish MissionCHARITABLE ORG. | Los Angeles, CA | $2K | 2023 |
| Vision 800 GlobalCHRISTIAN MISSIONARY ORG. | Los Angeles, CA | $2K | 2023 |
| Professional For Global MissionsCHRISTIAN MISSIONARY ORG. | Conshohocken, PA | $1K | 2023 |
| Rainbow Family MinistryCHRISTIAN MISSIONARY ORG. | Cypress, CA | $1K | 2023 |
| Good NeighborsCHRISTIAN MISSIONARY ORG. | Los Angeles, CA | $420 | 2023 |
| East-West Center For Mission R&DCHRISTIAN MISSIONARY ORG. | Los Angeles, CA | $5K | 2022 |
| House Of Prov (Homeless Ministry)CHARITABLE ORG. | Los Angeles, CA | $5K | 2022 |
| Bridge Builders MissionCHRISTIAN MISSIONARY ORG. | Woodside, NY | $3K | 2022 |
| Paralyzed Veterans Of AmericaCHARITABLE ORG. | Washington, DC | $50 | 2022 |
| Korean American Dementia CenterCHARITABLE ORG. | Gardena, CA | $1K | 2020 |
| Somang SocietyCHARITABLE ORG. | Cypress, CA | $500 | 2020 |
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