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Simon & Joy Hong Foundation at a glance

· Private foundation

Simon & Joy Hong Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$116k
Granted FY2025still arriving
10
Grants FY2025still arriving
1
States reached
$91k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Religion$883kArts & Culture$20kInternational$19kHuman Services$17kEmployment$13kEducation$13kHousing & Shelter$8kHealth$5kOther$0
02FY2025 · 10 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k9 grants · $25k
  • $50k–250k1 grant · $91k
$2,400
Median grant
1
States reached
$1.8M
Total assets
Largest grants
RecipientAmount
ALL NATIONS CHURCH$91,400
SILK WAVE MISSION$9,480
TRANSFORMATION INTERNATIONAL$5,000
Individual grant recipient$3,000
CHRIST KINGDOM CHURCH$2,400
ACCOMPANY WORLDWIDE INC$2,000
RAINBOW FAMILY MINISTRY$1,000
IATIA CHERISH MISSION$1,000
ONLY IN LOVE$500
GOOD NEIGHBORS$420
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY19–19, $5k) land where the poverty rate runs at 17%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%FOREIGN SERVICES FELLOWSHIP INT'L: $5k → 17%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

93%of every dollar goes to organizations it has funded before.
$1.0M · 23 repeat orgs$76k to everyone else

23 repeat relationships: 8 still active in FY2025, 15 since wound down; 2 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

23
19

Total granted

$1.0M
$73k

Median revenue growth · since first grant

+13%
+88%

Still filing today

43%
37%

New vs renewed · share of each year

In FY2025, 97% of grant dollars renewed an existing relationship; $4k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
ReligionEducationEmploymentPhilanthropyYouth DevelopmentHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • AW
    ACCOMPANY WORLDWIDE INC
    8× · 2017–2025 · $15k · revenue +63%
  • VI
    VOICE IN THE WILDERNESS
    3× · 2022–2024 · $8k · revenue +37%
  • PF
    PROFESSIONALS FOR GLOBAL MISSIONS
    6× · 2019–2024 · $6k · revenue +57%

Funded once

  • I
    IYAGI
    one grant, 2024 · $20k
  • LH
    LIGHT HOUSE
    one grant, 2019 · $17k
  • WG
    WORLD GLORY MISSION CHURCH
    one grant, 2019 · $5k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Korean World Mission Council
Religion
2
More International Ministries

To spread the gospel of jesus christ through crusades

Religion
3
Missionary Support Group
Religion
4
Discover Your Mission Inc

Supporing missionaries worldwide

Religion
5
Christian Ministries
International
6
Vision for Asia

Christian Ministry Activities

Religion
7
Spirit Invasion Ministries

Spread the Gospel of Jesus Christ

Religion
8
Global Dmm
Religion
9
Jesus in Vietnam Ministries
Religion
10
Training Pastors International

Training pastors in third world countries

Religion
11
Initiative for Missions

Encourage and support missionary movements in eastern europe

Religion
12
Euromedia Missions
—
How this is measured
The grantee most central to the portfolio’s shape is Only in Love; the most unlike its peers is Open Stewardship Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

19 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 19 of the 44 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
8
Early backer (in before they grew)
18/19
Grantees still filing
11/19
Grew since first funded

Where the money sits, by cause and then by grantee

ALL NATIONS CHURCH: $695,770 · OtherALL NATIONS CHURCHIndividual grant recipient: $40,800 · Other+23 more: $158,540 · Other+23 moreSilk Wave Mission: $111,480 · ReligionSilk Wave MissionBRIDGE BUILDERS MISSION: $22,000 · ReligionBRIDGE BUILDERS M…VOICE IN THE WILDERNESS: $8,000 · ReligionPROFESSIONALS FOR GLOBAL MISSIONS: $5,900 · Religion+8 more: $25,500 · Religion+8 moreACCOMPANY WORLDWIDE INC: $15,300 · EmploymentSOMANG SOCIETY: $3,200 · EducationWORLD MISSION UNIVERSITY: $2,400 · EducationFOREIGN SERVICE FELLOWSHIP INTERNATIONAL INC: $4,750 · Human ServicesCROSS CONNECTION INTERNATIONAL INC: $300 · Youth DevelopmentOPEN STEWARDSHIP FOUNDATION: $140 · PhilanthropyPARALYZED VETERANS OF AMERICA: $50 · Health
Other$895,110Religion$172,880Employment$15,300Education$5,600Human Services$4,750Youth Development$300Philanthropy$140Health$50

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSilk Wave Mission: $111,480 over 3y, 2.1% of budgetBRIDGE BUILDERS MISSION: $22,000 over 5y, 10% of budgetACCOMPANY WORLDWIDE INC: $15,300 over 8y, 2.8% of budgetVOICE IN THE WILDERNESS: $8,000 over 3y, 3.7% of budgetPROFESSIONALS FOR GLOBAL MISSIONS: $5,900 over 6y, 0.1% of budgetMISSION UKRAINE: $5,000 over 1y, 1.4% of budgetCHRISTIAN VISION ACADEMY: $4,800 over 3y, 1.7% of budgetFOREIGN SERVICE FELLOWSHIP INTERNATIONAL INC: $4,750 over 1y, 1.4% of budgetSOMANG SOCIETY: $3,200 over 2y, 0.1% of budgetWORLD MISSION UNIVERSITY: $2,400 over 1y, 0.1% of budgetKorean American Dementia Center: $1,500 over 2y, 2.5% of budgetONLY IN LOVE: $500 over 1y, 0.5% of budgetSRC INTERNATIONAL: $400 over 1y, 0.1% of budgetOPEN STEWARDSHIP FOUNDATION: $140 over 1y, 0.0% of budgetPARALYZED VETERANS OF AMERICA: $50 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds Silk Wave Mission ↗
  • Who funds BRIDGE BUILDERS MISSION ↗
  • Who funds ACCOMPANY WORLDWIDE INC ↗
  • Who funds VOICE IN THE WILDERNESS ↗
  • Who funds PROFESSIONALS FOR GLOBAL MISSIONS ↗
  • Who funds MISSION UKRAINE ↗
  • Who funds INSTITUTE FOR NEXT GENERATIONS ↗
  • Who funds VISION 800 GLOBAL ↗
  • Who funds CHRISTIAN VISION ACADEMY ↗
  • Who funds FOREIGN SERVICE FELLOWSHIP INTERNATIONAL INC ↗
  • Who funds SEED USA Ministry Inc ↗
  • Who funds SOMANG SOCIETY ↗
  • Who funds WORLD MISSION UNIVERSITY ↗
  • Who funds Korean American Dementia Center ↗
  • Who funds ONLY IN LOVE ↗
  • Who funds SRC INTERNATIONAL ↗
  • Who funds CROSS CONNECTION INTERNATIONAL INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Open Stewardship Foun…Fidelity Investments …Amazonsmile Foundation
Open Stewardship FoundationCA15.7× affinity5 shared granteesties to 2 of 2Hover any node to trace its alignments.Compare side by side →

Open a dossier: Open Stewardship Foundation · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Simon & Joy Hong Foundation funds: left to right is the share of its income from government, bottom to top the share from Simon & Joy Hong Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%4%8%15%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Simon & Joy Hong Foundation?

    Find your warmest path to Simon & Joy Hong Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 44 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Simon & Joy Hong’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home