Korean American Buddhist Foundation
EIN 223386949Total Given 2016–2023
$504K
112 grants · $63K avg/year
based on 8 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$2K
typical micro grants · $1K–$4K
grant size
46%
supporter · 23/50 multi-year
repeat
$852K
Assets (2023)
50
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
SOON JA CHO
Phone
(201) 468-3403
Deadlines
NO DEADLINE. IT IS OPEN ALL YEAR LONG.
How to Apply
APPLICATION FOR SCHOLARSHIP: WE REQUIRE AN APPLICANT'S PERSONAL LETTER WHICH EXPLAINS THE APPLICANT'S EDUCATION, COMMUNITY SERVICE, FUTURE PLAN, ETC. APPLICATION FOR GRANT: WE REQUIRE AN APPLICANT'S BACKGROUND INFORMATION INCLUDING FINANCIAL STATEMENTS, BROCHURE, AND MISSION STATEMENTS. IN ADDITION, WE REQUIRE A LETTER AS TO HOW AND FOR WHAT PURPOSE THE GRANT WILL BE SPENT.
Restrictions
QUALIFICATION FOR SCHOLARSHIP: 1. A STUDENT SHOULD STUDY SUBJECTS RELATED TO BUDDHISM SO THAT THE STUDENT WILL CONTRIBUTE IN PROPAGATION OF BUDDHISM IN THE U.S. 2. A STUDENT SHOULD HAVE CHARACTER OF A MODEL CITIZEN WITH COMMUNITY SERVICE AND LEADERSHIP. 3. A STUDENT SHOULD BE IN FINANCIAL NEEDS.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $50K | $925K | $-27K | 19 |
| 2017 | $94K | $930K | $78K | 14 |
| 2018 | $60K | $792K | $3K | 15 |
| 2020 | $72K | $806K | $44K | 17 |
| 2021 | $103K | $789K | $126K | 15 |
| 2022 | $62K | $774K | $70K | 13 |
| 2023 | $63K | $852K | $85K | 19 |
Grant Size Distribution
Based on 112 grants on record
Minimum
$200
25th Pctl
$1K
Median
$2K
Average
$5K
75th Pctl
$4K
Maximum
$57K
Geographic Distribution
Officers & Directors
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary
Leadership
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary
Leadership
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary
Leadership
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary
Leadership
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary
Leadership
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary /
Leadership
IC
Il Hwan Cho
President
Leadership
MH
Mina Hwang
Vice President
Leadership
SC
Soon Ja Cho
Secretary /
Leadership
Grants Awarded (112 total)
| Purpose | ||||
|---|---|---|---|---|
| Won Kak Sa | Salisbury Mills, NY | $56,750 | CONTRIBUTION TO TEMPLE | 2017 |
| Won Kak Sa | Salisbury Mills, NY | $48,500 | CONTRIBUTION TO TEMPLE | 2021 |
| Won Kak Sa | Salisbury Mills, NY | $33,000 | CONTRIBUTION TO TEMPLE | 2022 |
| Won Kak Sa | Salisbury Mills, NY | $22,000 | CONTRIBUTION TO TEMPLE | 2018 |
| Won Kak Sa | Salisbury Mills, NY | $20,500 | CONTRIBUTION TO TEMPLE | 2020 |
| University of Chicago | Evanston, IL | $20,000 | CONTRIBUTION TO COLLEGE | 2020 |
| Ucla | Los Angeles, CA | $20,000 | CONTRIBUTION TO COLLEGE | 2021 |
| Korean Community Center | Tenafly, NJ | $20,000 | CONTRIBUTION TO GOOD CAUSE | 2018 |
| Won Kak Sa | Salisbury Mills, NY | $16,000 | CONTRIBUTION TO TEMPLE | 2023 |
| Cambridge America | New York, NY | $10,000 | RESEARCH BUDDHISM | 2016 |
| Cambridge America | New York, NY | $10,000 | RESEARCH BUDDHISM | 2017 |
| Korean Community Center | Tenafly, NJ | $10,000 | CONTRIBUTION TO GOOD CAUSE | 2017 |
| Won Kak Sa | Salisbury Mills, NY | $8,000 | CONTRIBUTION TO TEMPLE | 2016 |
| Borisa Zen Center | Englewood, NJ | $6,000 | CONTRIBUTION TO TEMPLE | 2021 |
| Holy Apostle Soup Kitchen | Toms River, NJ | $6,000 | CONTRIBUTION TO GOOD CAUSE | 2023 |
| Center for Food Action | Englewood, NJ | $6,000 | CONTRIBUTION TO GOOD CAUSE | 2023 |
| Holy Apostle Soup Kitchen | Toms River, NJ | $5,800 | CONTRIBUTION TO GOOD CAUSE | 2022 |
| Sayagi Ubakhin | Shelburne, MA | $5,000 | CONTRIBUTION TO TEMPLE | 2020 |
| Doctors Without Borders | Hagerstown, MD | $5,000 | CONTRIBUTION TO GOOD CAUSE | 2023 |
| Providence Zen Center | Cumberland, RI | $5,000 | CONTRIBUTION TO TEMPLE | 2023 |
| Modern Buddhism | Flushing, NY | $5,000 | RESEARCH BUDDHISM | 2016 |
| Korean Community Center | Tenafly, NJ | $5,000 | CONTRIBUTION TO GOOD CAUSE | 2016 |
| Jun Hyun Park | Ridgefield, NJ | $5,000 | SCHOLARSHIP FOR BUDDHISM STUDENT | 2016 |
| Modern Buddhism | Flushing, NY | $5,000 | RESEARCH BUDDHISM | 2017 |
| Friend Ai Kwang Won | Midlothian, VA | $5,000 | CONTRIBUTION TO TEMPLE | 2017 |