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Young Musicians Inspiring Change Inc. is a private corporation based in NORTH POTOMAC, MD. The foundation received its IRS ruling in 2017. It holds total assets of $26K. Annual income is reported at $21K. Total assets have grown from $878 in 2012 to $27K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Young Musicians Inspiring Change Inc. has made 15 grants totaling $12K, with a median grant of $1K. The foundation has distributed between $1K and $7K annually from 2020 to 2024. Grantmaking activity was highest in 2023 with $7K distributed across 8 grants. Individual grants have ranged from $250 to $1K, with an average award of $799. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in District of Columbia, Maryland, California, which account for 67% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
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.
Young Musicians Inspiring Change Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in DC, MD, CA.
Young Musicians Inspiring Change Inc. has distributed a total of $12K across 15 grants. The median grant size is $1K, with an average of $799. Individual grants have ranged from $250 to $1K.
Young Musicians Inspiring Change Inc. typically selects its grantees rather than accepting unsolicited proposals.
Young Musicians Inspiring Change Inc. is headquartered in NORTH POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeongeun P Kang | PRESIDENT | $0 | $0 | N/A |
Total Giving
$49K
Total Assets
$27K
Fair Market Value
$27K
Net Worth
$27K
Grants Paid
$2K
Contributions
$36K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$12K
Average Grant
$799
Median Grant
$1K
Unique Recipients
11
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Feeding AmericaDONATION TO CHARITY | Washington, DC | $1K | 2024 |
| The Treatment And Learning CenterDONATION TO CHARITY | Rockville, MD | $1K | 2024 |
| Direct Relief OrgDONATION TO CHARITY | Santa Barbara, CA | $1K | 2023 |
| American Civil Liberties UnionDONATION TO CHARITY | New York, NY | $1K | 2023 |
| The Friendship PlaceDONATION TO CHARITY | Washington, DC | $1K | 2023 |
| Bulgarian Music SocietyDONATION TO CHARITY | Bethesda, MD | $500 | 2023 |
| World Food Program UsaDONATION TO CHARITY | Washington, DC | $1K | 2022 |
| Cross Wilderness MissionDONATION TO CHARITY | Gainesville, VA | $625 | 2020 |
| Korean-American National Police AssociationDONATION TO CHARITY | Great Falls, VA | $560 | 2020 |
| Wheaton Volunteer Rescue SquadDONATION TO CHARITY | Silver Spring, MD | $550 | 2020 |
| Fair Oaks Fire StationDONAITON TO CHARITY | Fairfax, VA | $250 | 2020 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD