Nae Il Foundation Ltd

Naeil

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

EIN: 981525203 ✦ Designated as a 501(c)(4)

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Overview

What is Nae Il Foundation Ltd?

Nae Il Foundation Ltd is a nonprofit organization with a mission to advance social justice and democratic values within the Korean-American community. Located in the United States, the foundation advocates for policies and civic engagement that prioritize educational access, cultural heritage preservation, cross-cultural coalition building, and community prosperity. They also strive for equitable treatment and outcomes for underrepresented and socioeconomically disadvantaged communities in areas where they are a major stakeholder. The foundation showcases its commitment by sponsoring events like the Korean American Day Celebration Gala, aimed at raising awareness of Korean-American issues and addressing challenges faced by minorities in media.


Official website here: www.naeilfoundation.org

Is Nae Il Foundation Ltd legitimate?

Nae Il Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(4) entity. Nae Il Foundation Ltd 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


Official website here: www.naeilfoundation.org

What is the mission statement of Nae Il Foundation Ltd?

The Nae Il Foundation Ltd's mission is centered around promoting social justice and democratic values within the Korean-American community. They advocate for policies and encourage civic engagement that prioritize educational access, the preservation of cultural heritage, cross-cultural coalition building, and community prosperity. The foundation also works towards equitable treatment and outcomes for similarly situated underrepresented and socioeconomically disadvantaged communities across the United States and its territories, where the foundation plays a significant role in the community.


Official website here: www.naeilfoundation.org

Who is the CEO of Nae Il Foundation Ltd?

William Moon is the Director, Treasurer of Nae Il Foundation Ltd.


Official website here: www.naeilfoundation.org

What is the revenue of Nae Il Foundation Ltd?

Nae Il Foundation Ltd's revenue in 2022 was $709,096.


Official website here: www.naeilfoundation.org

Who are the executives of Nae Il Foundation Ltd and what are their salaries?

There 3 volunteers at Nae Il Foundation Ltd.


Here are 3 key members and their salaries:


William Moon (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
So Young Kim (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.naeilfoundation.org

Where can I find the form 990 for Nae Il Foundation Ltd?

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


Official website here: www.naeilfoundation.org

Learn more at the official website: www.naeilfoundation.org

Mission Statement of Nae Il Foundation Ltd

The Nae Il Foundation Ltd is committed to advancing social justice and democratic values within the Korean-American community. To accomplish this mission, the foundation advocates for policies and civic engagement that prioritize educational access, preserve cultural heritage, foster cross-cultural coalition building, and promote community prosperity. Beyond the Korean-American community, the foundation also works towards equitable treatment and outcomes for similarly situated underrepresented and socioeconomically disadvantaged communities across the United States and its territories, where the foundation holds significant influence. In essence, the Nae Il Foundation Ltd aims to drive positive change and equality in diverse communities by advocating for policies and engaging in civic activities that support education, cultural preservation, and community development.

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Impact




October, 2024

Nae Il Foundation Ltd significantly impacts the Korean-American community by advancing social justice and democratic values. Through its advocacy efforts, it emphasizes the importance of educational access, preserving cultural heritage, and fostering cross-cultural coalitions. The foundation actively engages in civic initiatives that aim to improve community prosperity while addressing the needs of underrepresented and socioeconomically disadvantaged groups across the United States.

One of the foundation's notable contributions is the sponsorship of events like the Korean American Day Celebration Gala, which brings together diverse segments of the community to collectively confront shared challenges. By raising awareness of Korean American issues and amplifying minority voices in media, Nae Il Foundation plays a crucial role in promoting equitable treatment and outcomes for these communities. Its multifaceted approach helps to empower individuals and strengthen community ties, thereby creating a more inclusive and supportive environment for all.




This information is meant to be a general summary of Nae Il Foundation Ltd. 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
$709,096 (2022)
Expenses
$430,202 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $709,096
  • Gross Receipts: $709,096

Assets and Liabilities:

  • Total Assets: $38,028,994
  • Total Liabilities: $0
  • Net Assets: $38,028,994

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Organization Details

Founding Year

2020

Principal Officer

William Moon

NTEE Category

Code: Z99 - Unknown

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