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Kaesong Foundation

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

EIN: 850795572 ✦ New hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Kaesong Foundation?

The Kaesong Foundation is a nonprofit organization located in New Hill, North Carolina (27562). Its primary mission is to promote and disseminate Christian values by providing humanitarian aid and relief to impoverished communities worldwide. The foundation supports this mission by making donations to churches and conducting research into funding opportunities for Christian mission trips. These trips aim to offer education, sustenance, and essential supplies to underserved areas. The Kaesong Foundation's activities are centered around spreading God's love, promises, and grace by uplifting the lives of those in need.

Is Kaesong Foundation legitimate?

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

The Kaesong Foundation's mission is centered around spreading God's love, promises, and grace. They accomplish this by providing humanitarian aid and relief to those in need, specifically focusing on the poor. The organization's activities involve making donations to churches and exploring funding opportunities for Christian mission trips. These missions aim to provide education, subsistence, and essential supplies to underdeveloped communities.

Who is the CEO of Kaesong Foundation?

Mark Lee is the President of Kaesong Foundation.

What is the revenue of Kaesong Foundation?

Kaesong Foundation's revenue in 2022 was $115,726.

Who are the executives of Kaesong Foundation and what are their salaries?

There 4 volunteers at Kaesong Foundation.


Here are 4 key members and their salaries:


Mark Lee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sungsook Lee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kaesong Foundation?

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

Mission Statement of Kaesong Foundation

The Kaesong Foundation, a nonprofit organization, is dedicated to spreading God's love, promises, and grace by providing humanitarian aid and relief to those in need. Their mission is to alleviate poverty by delivering essential aid and assistance. To accomplish this, Kaesong Foundation makes donations to various churches and is currently investigating funding opportunities for Christian mission trips. These trips aim to offer education, subsistence, and supplies to underdeveloped communities, thereby contributing to their overall well-being.

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Impact




October, 2024

The Kaesong Foundation makes a significant impact by effectively spreading love, promises, and grace through its humanitarian aid and relief efforts. By focusing on delivering assistance to impoverished communities, the foundation plays a vital role in elevating the living conditions of those in need. Its donations to churches and research into funding Christian mission trips further amplify its reach, providing crucial education, subsistence resources, and essential supplies to underserved populations. This commitment not only addresses immediate needs but also fosters long-term development, paving the way for sustainable improvements in quality of life. Through these initiatives, the Kaesong Foundation embodies its mission and creates a ripple effect of positive change within communities.




This information is meant to be a general summary of Kaesong 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
$115,726 (2022)
Expenses
$57,426 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,726
  • Gross Receipts: $115,726

Assets and Liabilities:

  • Total Assets: $452,206
  • Total Liabilities: $0
  • Net Assets: $452,206

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Organization Details

Founding Year

2020

Principal Officer

Mark Lee

Main Address

2545 FINKLE GRANT DRIVE, NEW HILL, NC, 27562

NTEE Category

Code: X20 - Religion related

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