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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. Total assets have grown from $1.1M in 2015 to $7.1M in 2023. The foundation is governed by 3 officers and trustees. 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 2023. Grantmaking is concentrated in California. 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.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$20K
Largest Grant
$100K
Based on 14 grants from the most recent 990-PF filing.
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.
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 | N/A |
| Julie K Song | SECRETARY | $0 | $0 | N/A |
| Grace Song | CFO | $0 | $0 | N/A |
Total Giving
$408K
Total Assets
$7.1M
Fair Market Value
N/A
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 FoundationCHARITABLE PURPOSE | Los Angeles, CA | $30K | 2023 |
| Korean American Federation OfCHARITABLE PURPOSE | Los Angeles, CA | $30K | 2023 |
| Korean American Scholarship FoundatCHARITABLE PURPOSES | Pasadena, CA | $30K | 2023 |
| Ucla Center For Korean StudiesCHARITABLE PURPOSES | Los Angeles, CA | $30K | 2023 |
| Usc Korean Studies InstituteCHARITABLE PURPOSES | Los Angeles, CA | $30K | 2023 |
| Uci FoundationCHARITABLE PURPOSES | Irvine, CA | $30K | 2023 |
| Korean American CoalitionCHARITABLE PURPOSES | Los Angeles, CA | $30K | 2023 |
| Mission To Promote Adoption Of KidsCHARITABLE PURPOSE | Carson, CA | $20K | 2023 |
| Korean American Special EducationCHARITABLE PURPOSE | Anaheim, CA | $20K | 2023 |
| Koreatown Senior & CommunityCHARITABLE PURPOSE | Los Angeles, CA | $20K | 2023 |
| Korean American Family ServicesCHARITABLE PURPOSE | Los Angeles, CA | $20K | 2023 |
| Korean Resource CenterCHARITABLE PURPOSES | Los Angeles, CA | $20K | 2023 |
| Korean American Womens AssociationCHARITABLE PURPOSES | Los Angeles, CA | $20K | 2023 |
| Youstar FoundationCHARITABLE PURPOSE | La Mirada, CA | $10K | 2023 |
| Koreatown Youth And CommunityCHARITABLE PURPOSE | Los Angeles, CA | $10K | 2023 |
| Home Of The Green PastureCHARITABLE PURPOSE | Lake Forest, CA | $10K | 2023 |
| Koreatown Immigrant WorkersCHARITABLE PURPOSE | Los Angeles, 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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA