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Y T Hwang Family Foundation Inc. is a private corporation based in ALPINE, NJ. The foundation received its IRS ruling in 2016. It holds total assets of $5M. Annual income is reported at $645K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Y T Hwang Family Foundation Inc. has made 73 grants totaling $1.1M, with a median grant of $10K. The foundation has distributed between $259K and $549K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $549K distributed across 36 grants. Individual grants have ranged from $5K to $50K, with an average award of $15K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in New York, New Jersey, California, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Y T Hwang Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in NY, NJ, CA.
Y T Hwang Family Foundation Inc. has distributed a total of $1.1M across 73 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $5K to $50K.
Y T Hwang Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Y T Hwang Family Foundation Inc. is headquartered in ALPINE, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yong Tae Hwang | PRESIDENT | $0 | $0 | $0 |
| Mi Eun Hwang | TREASURER | $0 | $0 | $0 |
| Hee K Yang | DIRECTOR | $0 | $0 | $0 |
Total Giving
$296K
Total Assets
$4.9M
Fair Market Value
$5.4M
Net Worth
$4.9M
Grants Paid
$259K
Contributions
$0
Net Investment Income
$220K
Distribution Amount
$255K
Total: $4.9M
Total Grants
73
Total Giving
$1.1M
Average Grant
$15K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hufs Foundation Of Southern CaliforCHARITABLE | Los Angeles, CA | $50K | 2023 |
| Korean American Association Of GreaCHARITABLE | New York, NY | $25K | 2023 |
| The Korea SocietyCHARITABLE | New York, NY | $21K | 2023 |
| Council Of Korean AmericansCHARITABLE | Washington, DC | $15K | 2023 |
| Maryknoll Fathers And BrothersCHARITABLE | Maryknoll, NY | $15K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| City HarvestCHARITABLE | New York, NY | $14K | 2023 |
| Family Touch IncCHARITABLE | Little Ferry, NJ | $10K | 2023 |
| Minkwon CenterCHARITABLE | Flushing, NY | $10K | 2023 |
| Bergen Volunteer Medical InitiativeCHARITABLE | Hackensack, NJ | $10K | 2023 |
| KafscCHARITABLE | Flushing, NY | $10K | 2023 |
| Korean American Youth FoundationCHARITABLE | Queens, NY | $10K | 2023 |
| Youth America Grand PrixCHARITABLE | New York, NY | $10K | 2023 |
| Holy Name Medical Center FoundationCHARITABLE | Teaneck, NJ | $10K | 2023 |
| Metropolitan Museum Of ArtCHARITABLE | New York, NY | $10K | 2023 |
| Englewood Health FoundationCHARITABLE | Englewood, NJ | $10K | 2023 |
| KayacCHARITABLE | Englewood Cliffs, NJ | $10K | 2023 |
| AkusCHARITABLE | Englewood Cliffs, NJ | $10K | 2023 |
| Kj Choi FoundationCHARITABLE | Westlake, TX | $5K | 2023 |
| Woori ShowCHARITABLE | New York, NY | $5K | 2023 |
| Korean American Community FoundatioCHARITABLE | New York, NY | $30K | 2022 |
| Metropolitan OperaCHARITABLE | New York, NY | $20K | 2022 |
| The Judith Ehm FoundationCHARITABLE | Mahwah, NJ | $10K | 2022 |
| Pacific Arts MovementCHARITABLE | San Diego, CA | $10K | 2021 |
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