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Youngbum Song Foundation is a private corporation based in SUN VALLEY, CA. The foundation received its IRS ruling in 2016. It holds total assets of $8.2M. Annual income is reported at $3.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Youngbum Song Foundation has made 77 grants totaling $1.3M, with a median grant of $10K. Annual giving has grown from $275K in 2020 to $380K in 2023. Grantmaking activity was highest in 2022 with $400K distributed across 26 grants. Individual grants have ranged from $500 to $100K, with an average award of $16K. The foundation has supported 26 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Youngbum Song Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in CA.
Youngbum Song Foundation has distributed a total of $1.3M across 77 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $500 to $100K.
Youngbum Song Foundation typically selects its grantees rather than accepting unsolicited proposals.
Youngbum Song Foundation is headquartered in SUN VALLEY, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Young B Song | PRESIDENT | $0 | $0 | $0 |
| Julie K Song | SECRETARY | $0 | $0 | $0 |
| Grace Song | CFO | $0 | $0 | $0 |
Total Giving
$408K
Total Assets
$7.1M
Fair Market Value
$0
Net Worth
$7.1M
Grants Paid
$380K
Contributions
$500K
Net Investment Income
$107K
Distribution Amount
$318K
Total: $5.5M
Total Grants
77
Total Giving
$1.3M
Average Grant
$16K
Median Grant
$10K
Unique Recipients
26
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Korean American Federation OfCHARITABLE PURPOSE | Los Angeles, CA | $30K | 2023 |
| Uci FoundationCHARITABLE PURPOSES | Irvine, CA | $30K | 2023 |
| Usc Korean Studies InstituteCHARITABLE PURPOSES | Los Angeles, CA | $30K | 2023 |
| Ucla Center For Korean StudiesCHARITABLE PURPOSES | Los Angeles, CA | $30K | 2023 |
| Korean American Scholarship FoundatCHARITABLE PURPOSES | Pasadena, CA | $30K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Korean American CoalitionCHARITABLE PURPOSES | Los Angeles, CA | $30K | 2023 |
| Korean American FoundationCHARITABLE PURPOSE | Los Angeles, CA | $30K | 2023 |
| Korean American Family ServicesCHARITABLE PURPOSE | Los Angeles, CA | $20K | 2023 |
| Korean American Special EducationCHARITABLE PURPOSE | Anaheim, CA | $20K | 2023 |
| Mission To Promote Adoption Of KidsCHARITABLE PURPOSE | Carson, CA | $20K | 2023 |
| Korean American Womens AssociationCHARITABLE PURPOSES | Los Angeles, CA | $20K | 2023 |
| Koreatown Senior & CommunityCHARITABLE PURPOSE | Los Angeles, CA | $20K | 2023 |
| Korean Resource CenterCHARITABLE PURPOSES | Los Angeles, CA | $20K | 2023 |
| Youstar FoundationCHARITABLE PURPOSE | La Mirada, CA | $10K | 2023 |
| Koreatown Immigrant WorkersCHARITABLE PURPOSE | Los Angeles, CA | $10K | 2023 |
| Koreatown Youth And CommunityCHARITABLE PURPOSE | Los Angeles, CA | $10K | 2023 |
| Home Of The Green PastureCHARITABLE PURPOSE | Lake Forest, CA | $10K | 2023 |
| Crestview Preparatory SchoolCHARITABLE PURPOSE | La Canada, CA | $5K | 2023 |
| Anderson Munger Family YmcaCHARITABLE PURPOSE | Los Angeles, CA | $3K | 2023 |
| Friends Of IhpCHARITABLE PURPOSE | Studio City, CA | $3K | 2023 |
| Uci Center For Critical Korean StudCHARITABLE PURPOSES | Irvine, CA | $20K | 2022 |
| La Canada Elementary SchoolCHARITABLE PURPOSE | La Canada, CA | $3K | 2021 |
| La Canada Elementary PtaCHARITABLE PURPOSE | La Canada, CA | $1K | 2021 |
| Lcf Educational FoundationCHARITABLE PURPOSE | La Canada Flintridge, CA | $1K | 2021 |
| Child Educational CenterCHARITABLE PURPOSE | La Canada, CA | $500 | 2021 |
| Saint Mark'S PreschoolCHARITABLE PURPOSE | Glendale, CA | $5K | 2020 |
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