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The Bao Sei Foundation

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

EIN: 831812260 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Bao Sei Foundation?

The Bao Sei Foundation, located in New York City, is a nonprofit organization dedicated to supporting North Korean refugees residing in the United States. Their mission is to equip these individuals with essential tools for success, focusing primarily on providing access to education and fostering a supportive environment. Established in New York City, the foundation aims to empower North Korean refugees to build fulfilling lives in their new homeland.

Is The Bao Sei Foundation legitimate?

The Bao Sei Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bao Sei 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 The Bao Sei Foundation?

The Bao Sei Foundation's mission is centered around assisting North Korean refugees residing in the United States. Their aim is to provide these individuals with essential resources to foster success. This primarily involves granting access to education and establishing a supportive system to encourage their growth and development.

Who is the CEO of The Bao Sei Foundation?

Jay Kim is the Chair of The Bao Sei Foundation.

What is the revenue of The Bao Sei Foundation?

The Bao Sei Foundation's revenue in 2022 was -$3,298.

Who are the executives of The Bao Sei Foundation and what are their salaries?


Here are 4 key members and their salaries:


Steven Yang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Peak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Kim (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chloe Kim (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Bao Sei Foundation?

The Bao Sei Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bao Sei Foundation

The Bao Sei Foundation is dedicated to aiding North Korean refugees residing in the United States. Their mission is centered around providing these individuals with the fundamental resources necessary for success. This encompasses granting access to education and establishing a supportive environment for them. By doing so, the foundation aims to empower these refugees and equip them with the tools they need to thrive in their new home.

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Impact




October, 2024

The Bao Sei Foundation significantly impacts the lives of North Korean refugees in the United States by providing essential resources and support aimed at fostering their success. It focuses on enabling access to education, which is crucial for personal and professional development, and creating an encouraging support system that helps refugees navigate their new environments. By equipping individuals with the foundational tools necessary for integration and success, Bao Sei empowers North Korean refugees to build fulfilling lives and contribute positively to their communities in New York and beyond.




This information is meant to be a general summary of The Bao Sei 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
-$3,298 (2022)
Expenses
$89,115 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,298
  • Gross Receipts: $128,576

Assets and Liabilities:

  • Total Assets: $43,483
  • Total Liabilities: $0
  • Net Assets: $43,483

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Organization Details

Founding Year

2019

Principal Officer

Jay Kim

Main Address

61 LEXINGTON AVENUE STE 1-A, NEW YORK, NY, 10010

NTEE Category

Code: P20 - Human services

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