Overview
What is Korean American Community Foundation Of San Francisco?
The Korean American Community Foundation of San Francisco is a nonprofit organization situated in Oakland, California, with a focus on uplifting and connecting the Korean-American community through philanthropic initiatives. Their activities encompass grant-funded programs that directly impacted 6,663 community members. They offer culturally-sensitive classes and meal programs for seniors, assisting 295 individuals in this age group. Furthermore, the foundation aids in the process of becoming US citizens for 99 legal permanent residents. In addition to these services, the Korean American Community Foundation conducts workshops to address domestic violence and intimate partner violence, training 73 community members to better handle these issues. They also provide training for 11 faith leaders on identifying and responding to mental health crises. Furthermore, the foundation trains six masters of social work and marriage-and-family-therapy interns to support the Korean American community. With a team of only five employees, this nonprofit organization effectively serves and empowers the Korean-American community in San Francisco.
Official website here: www.kacfsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 73%. This rating indicates that while the organization meets some accountability and financial standards, there are significant areas needing attention. The Korean American Community Foundation of San Francisco demonstrates a strong commitment to governance, as evidenced by having 100% independent board members and a solid material diversion of assets score.
The nonprofit shows a commendable program expense ratio of 77.84%, indicating that a large portion of its funds is directed towards its programs. However, the organization falls short in several key accountability areas, notably in the absence of a whistleblower policy, document retention policy, and financial statements on its website, which reflect a lack of transparency.
Overall, while the foundation has strengths in governance and program expenditure, the shortcomings in financial reporting and accountability policies suggest that potential donors and stakeholders should approach with caution. Addressing these gaps could significantly enhance the organization's credibility and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Korean American Community Foundation Of San Francisco legitimate?
Korean American Community Foundation Of San Francisco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean American Community Foundation Of San Francisco 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: $217,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,760
For more financial information, click here
Official website here: www.kacfsf.org
What is the mission statement of Korean American Community Foundation Of San Francisco?
The Korean American Community Foundation of San Francisco serves to elevate and foster connections within the Korean-American community through philanthropic efforts. Their mission is evident in their activities, which include directly impacting 6,663 community members through grant-funded programs. They provide culturally-sensitive classes and meal programs for seniors, assist 99 legal permanent residents in becoming US citizens, and conduct workshops to address domestic violence and intimate partner violence. Moreover, they train 11 faith leaders to identify and respond to mental health crises. Furthermore, they support six masters of social work and marriage-and-family-therapy interns in serving the Korean American communities.
Official website here: www.kacfsf.org
What is the revenue of Korean American Community Foundation Of San Francisco?
Korean American Community Foundation Of San Francisco's revenue in 2023 was $1,144,451.
Official website here: www.kacfsf.org
Who are the executives of Korean American Community Foundation Of San Francisco and what are their salaries?
The average compensation at Korean American Community Foundation Of San Francisco during 2023 was $111,181. There are 3 employees and 60 volunteers at Korean American Community Foundation Of San Francisco.
Here are 13 key members and their salaries:
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Official website here: www.kacfsf.org
Where can I find the form 990 for Korean American Community Foundation Of San Francisco?
Korean American Community Foundation Of San Francisco's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kacfsf.org
Learn more at the official website: www.kacfsf.org
Mission Statement of Korean American Community Foundation Of San Francisco
The Korean American Community Foundation of San Francisco seeks to elevate and foster connections within the Korean-American community through philanthropic endeavors. By doing so, the organization aims to make a significant impact on 6,663 community members directly, providing them with opportunities through grant-funded programs. Furthermore, the foundation demonstrates its commitment to supporting the elderly by offering culturally-sensitive classes and meal programs for 295 senior citizens. Additionally, the Korean American Community Foundation of San Francisco aids in the naturalization process for 99 legal permanent residents, helping them become United States citizens.
In an effort to address pressing issues, the foundation provides workshops to train 73 community members on identifying and addressing domestic violence and intimate partner violence. Furthermore, the organization plays a crucial role in equipping 11 faith leaders with the necessary skills to identify and respond to mental health crises. Moreover, the Korean American Community Foundation of San Francisco offers valuable training for 6 masters of social work, and marriage-and-family-therapy interns, ensuring they are well-equipped to support the Korean American communities.
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Impact
July, 2024
The Korean American Community Foundation Of San Francisco has directly impacted 6,663 community members through grant-funded programs, benefited 295 seniors with culturally-sensitive classes and meal programs, assisted 99 legal permanent residents in becoming US citizens, trained 73 community members in addressing domestic violence and intimate partner violence, trained 11 faith leaders to identify and respond to mental health crises, and trained 6 interns to support Korean American communities.
This information is meant to be a general summary of Korean American Community Foundation Of San Francisco. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $499
- Gross Receipts: $1,582,284
Assets and Liabilities:
- Total Assets: $2,648,667
- Total Liabilities: $252,185
- Net Assets: $2,396,482
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Organization Details
Founding Year
2014
Principal Officer
Sung Jin Ingriselli
Website
www.kacfsf.orgNTEE Category
Code: P80 - Human services
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