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Andrew Jay-Hoon Kim Memorial Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020603109 ✦ Englewood cliffs, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Andrew Jay-Hoon Kim Memorial Foundation?

The Andrew Jay-Hoon Kim Memorial Foundation, located in Englewood Cliffs, New Jersey, is a nonprofit organization dedicated to supporting Korean-American youth. They accomplish this by offering scholarships and awards to deserving individuals and organizing seminars and workshops to prevent further tragedies. The foundation's mission extends beyond financial aid, as it strives to make a tangible impact in the lives of its community's young members. The foundation makes contributions to other organizations with similar goals, further strengthening its commitment to promoting the well-being of Korean-American youth. Word Count: 116

Is Andrew Jay-Hoon Kim Memorial Foundation legitimate?

Andrew Jay-Hoon Kim Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andrew Jay-Hoon Kim Memorial Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Andrew Jay-Hoon Kim Memorial Foundation?

The Andrew Jay-Hoon Kim Memorial Foundation is committed to supporting Korean-American youth by offering prizes and awards. This organization additionally works towards preventing further tragedies through seminars and workshops. To further its mission, the foundation also makes contributions to other organizations with similar objectives. Its activities aim to promote the well-being and development of Korean-American youth, and contribute to preventing unfortunate events.

Who is the CEO of Andrew Jay-Hoon Kim Memorial Foundation?

William Kim is the Treasurer of Andrew Jay-Hoon Kim Memorial Foundation.

What is the revenue of Andrew Jay-Hoon Kim Memorial Foundation?

Andrew Jay-Hoon Kim Memorial Foundation's revenue in 2022 was $116,931.

Who are the executives of Andrew Jay-Hoon Kim Memorial Foundation and what are their salaries?

There 3 volunteers at Andrew Jay-Hoon Kim Memorial Foundation.


There is 1 key member and their salary:


William Kim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Andrew Jay-Hoon Kim Memorial Foundation?

Andrew Jay-Hoon Kim Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Andrew Jay-Hoon Kim Memorial Foundation

The Andrew Jay-Hoon Kim Memorial Foundation is committed to uplifting Korean-American youth through the provision of awards and scholarships. Beyond this, the organization aims to augment efforts in preventing further tragedies within this community by organizing seminars and workshops. The primary goal of the foundation is to encourage and support the growth and success of Korean-American youth, while also working to minimize any potential negative experiences they may encounter. To achieve this, the foundation makes financial contributions to other organizations that share its objectives, thereby expanding its impact and reach.

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Impact




October, 2024

The Andrew Jay-Hoon Kim Memorial Foundation significantly impacts the Korean-American community by fostering educational achievements and personal development among youth. By offering scholarships and awards, the foundation recognizes and encourages the accomplishments of young individuals within the Korean-American demographic.

Additionally, the foundation plays a crucial role in addressing issues that lead to community tragedies through seminars and workshops aimed at prevention and awareness. These initiatives not only provide valuable resources and knowledge but also create a supportive environment that empowers youth to aspire for excellence while also being mindful of the broader social implications of their actions.

By collaborating with other organizations that share similar goals, the foundation multiplies its reach and effectiveness, further cementing its commitment to ensuring a brighter future for Korean-American youth. Overall, its efforts contribute to the development of a resilient, informed, and engaged community that prioritizes education and social responsibility.




This information is meant to be a general summary of Andrew Jay-Hoon Kim Memorial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$116,931 (2022)
Expenses
$132,711 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,618
  • Program Service Revenue: $105,800
  • Gross Receipts: $116,931

Assets and Liabilities:

  • Total Assets: $1,294,170
  • Total Liabilities: $0
  • Net Assets: $1,294,170

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONCERT

Revenue

$105,800

Organization Details

Founding Year

2003

Principal Officer

William Kim

Main Address

440 SYLVAN AVE SUITE 260, ENGLEWOOD CLIFFS, NJ, 07632

NTEE Category

Code: B82 - Education

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