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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. Total assets have grown from $445K in 2015 to $1.2M in 2023. The foundation is governed by 1 officer or trustee. The foundation's only activities in 2022 were the donations to religious non-profit organizations, such as church and christian missionary organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in California. 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 N/A 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.
Smallest Grant
$300
Median Grant
$1K
Average Grant
$5K
Largest Grant
$39K
Based on 12 grants from the most recent 990-PF filing.
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 N/A 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 | N/A |
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
N/A
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 | N/A | 2022 |
| All Nations ChurchCHURCH | Lake View Terrace, CA | $85K | 2023 |
| Silk Wave MissionCHRISTIAN MISSIONARY ORG. | 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 |
| House Of Prov (Homeless Ministry)CHARITABLE ORG. | Los Angeles, CA | $5K | 2022 |
| East-West Center For Mission R&DCHRISTIAN MISSIONARY ORG. | Los Angeles, CA | $5K | 2022 |
| Bridge Builders MissionCHRISTIAN MISSIONARY ORG. | Woodside, NY | $3K | 2022 |
| Paralyzed Veterans Of AmericaCHARITABLE ORG. | Washington, DC | N/A | 2022 |
| Korean American Dementia CenterCHARITABLE ORG. | Gardena, CA | $1K | 2020 |
| Somang SocietyCHARITABLE ORG. | Cypress, CA | $500 | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA