Don & Susan Kang Charitable Foundation Inc
EIN 203757896 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $300,000. This amount represents 25% or more of the Foundation's net assets of $196,857 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $155K | $370K | $26K | 16 |
| 2018 | $152K | $103K | $84K | 17 |
| 2019 | N/A | $95K | $-4K | N/A |
| 2020 | $46K | $197K | $69K | 7 |
| 2021 | $300K | $264K | $326K | 13 |
| 2022 | $93K | $132K | $53K | 7 |
| 2023 | $45K | $0 | $46K | 5 |
Grant Size Distribution
Based on 65 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (65 total)
| Purpose | ||||
|---|---|---|---|---|
| Court Appointed Special Advocate | Santa Ana, CA | $77,500 | General & Unrestricted | 2021 |
| Alzheimers Orange County | Irvine, CA | $75,000 | General & Unrestricted | 2021 |
| Choc Foundation Dba Choc Children'S | Newport Beach, CA | $50,000 | Charitable Event | 2021 |
| Segerstrom Center for the Arts | Costa Mesa, CA | $50,000 | Charitable Event | 2021 |
| Alzheimers Orange County | Irvine, CA | $30,000 | General & Unrestricted | 2022 |
| Tiger Woods Foundation Inc | Irvine, CA | $30,000 | Charitable Event | 2022 |
| Court Appointed Special Advocate | Santa Ana, CA | $28,000 | General & Unrestricted | 2016 |
| Oceana Inc | Washington, DC | $26,000 | Charitable Event | 2016 |
| American Friends of the Hebrew University Inc | New York, NY | $25,000 | Charitable Event | 2018 |
| Anti-Defamation League | New York, NY | $25,000 | Charitable Event | 2018 |
| Segerstrom Center for the Arts | Costa Mesa, CA | $25,000 | Charitable Event | 2018 |
| Oceana Inc | Washington, DC | $25,000 | Charitable Event | 2016 |
| Asian Hall of Fame | Pasadena, CA | $20,000 | Charitable Event | 2023 |
| Segerstrom Center for the Arts | Costa Mesa, CA | $16,000 | Charitable Event | 2018 |
| Serving People in Need Inc | Costa Mesa, CA | $15,000 | General & Unrestricted | 2016 |
| Alzheimers Orange County | Irvine, CA | $14,000 | General & Unrestricted | 2020 |
| American Friends of the Hebrew University Inc | New York, NY | $12,000 | Charitable Event | 2018 |
| Santa Barbara Firefighters Alliance | Santa Barbara, CA | $10,000 | Charitable Event | 2018 |
| California Institute of Technology | Pasadena, CA | $10,000 | General & Unrestricted | 2020 |
| Court Appointed Special Advocate | Santa Ana, CA | $10,000 | General & Unrestricted | 2020 |
| California Institute of Technology | Pasadena, CA | $10,000 | Caltech Associates - President's Circle | 2021 |
| Court Appointed Special Advocates of Orange County | Orange, CA | $10,000 | Charitable Event | 2023 |
| Court Appointed Special Advocate | Santa Ana, CA | $10,000 | Charitable Event | 2016 |
| Hoag Hospital Foundation | Newport Beach, CA | $10,000 | Charitable Event | 2016 |
| Orange County Youth Sports Foundation | Anaheim, CA | $10,000 | Sport scholarship fund for disadvantaged youth | 2016 |
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