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Hawaii · Nonprofit

The Korean American Foundation Hawaii

The Korean American Foundation Hawaii (Hawaii) receives grants from 2 organizations whose IRS filings report $13,000 to it, the largest being HAWAII VISITORS AND CONVENTION BUREAU ($10,000). 0 of them have funded it in more than one year.

Revenue FY2024
$236k
Funders on record
2
Grants received
$13k
Net assets
$1.7M
0/2 repeat funderspeak grant-dependency 15%
01What it does

What The Korean American Foundation Hawaii does

Mission

The association is organized to operate exclusively for charitable, scientific, literary, religious or educational purposes, within the meaning of Section 501(c)(3) of

As stated on its FY2024 Form 990.

Program

  1. To promote the Korean Culture and Heritage: Copperplate for Minhwan Lee ...................... $60,875 Digitizing Works - John Kim & UOHF ............... $14,937. Diaspora Project in Korea ........................ $32,893. Flowers for Celebration & Memorial Events ......... $1,304. Hanguel Day Festival .............................. $4,500. Hawaii Community Funds - Maui Fire Disaster ...... $10,000. Hawaii Korean Chamber of Commerce ................ $35,000. Hawaii Korean Cultural Center - Taste of Korea 7th $2,000. Hawaii Korean-US Citizens league ................. $520. KBFD TV - Sponsorship for Special Programs ....... $15,471. Korea Times Hawaii - Memorials for CW Kim ........ $1,000. Korean American Day 120th Celebration ............ $89,780. Korean Artists Association Hawaii ................ $2,000. Korean Naval Party - Syngman Rhee Society ........ $664. Korean Sports Association of Hawaii .............. $2,000. oahu Cemetary and Crematory ....................... $1,588. Puuiki Korean Cemetery Project - Ceremony ........ $5,794. Songs of Love - Jinyoung Won ...................... $10,000. The United Korean Association of Hawaii ........... $1,000. Tombstone Replacement…

    $331,234 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $331,234.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($210k) Expenses 100 ($98k) Net assets 100 ($1.3M)2018 Revenue 138 ($290k) Expenses 71 ($70k) Net assets 117 ($1.5M)2019 Revenue 52 ($109k) Expenses 133 ($130k) Net assets 115 ($1.5M)2020 Revenue 64 ($135k) Expenses 46 ($45k) Net assets 122 ($1.6M)2021 Revenue 124 ($262k) Expenses 31 ($30k) Net assets 140 ($1.8M)2022 Revenue 32 ($68k) Expenses 117 ($115k) Net assets 137 ($1.8M)2023 Revenue 105 ($222k) Expenses 358 ($351k) Net assets 127 ($1.6M)2024 Revenue 112 ($236k) Expenses 177 ($174k) Net assets 132 ($1.7M)
'17'18'19'20'21'22'23'24
Revenue (112)Expenses (177)Net assets (132)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.6M to $1.8M (+15%).

$1.3M
$1.5M
$1.5M
$1.6M
$1.8M
$1.8M
$1.6M
$1.7M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 50% · 2022 11% · 2024 17%. Grants only. Government contracts and fees sit inside program revenue.

30% of The Korean American Foundation Hawaii’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$112k
’17
$220k
’18
−$21k
’19
$90k
’20
$231k
’21
−$47k
’22
−$129k
’23
$62k
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed889999912
Joined·+0+1+5+0+0+0+3
No longer listed·0050000
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $10k → $3k.

From the IRS filings of The Korean American Foundation Hawaii’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

The Korean American Foundation Hawaii leans on a few funders — its largest provides 77% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

77% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund The Korean American Foundation Hawaii.

77%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

77% of The Korean American Foundation Hawaii's grant income comes from Hawaii funders.

CA
HI

In-state vs out-of-state, by year

’22
’23
Hawaii out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

The Korean American Foundation Hawaii runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin26% · top quartile
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like The Korean American Foundation Hawaii

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Hawaii

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

40%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for The Korean American Foundation Hawaii: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds The Korean American Foundation Hawaii?
The Korean American Foundation Hawaii (Hawaii) receives grants from 2 organizations whose IRS filings report $13,000 to it, the largest being HAWAII VISITORS AND CONVENTION BUREAU ($10,000). 0 of them have funded it in more than one year.
How many funders does The Korean American Foundation Hawaii have?
IRS filings report 2 organizations giving $13,000 in grants to The Korean American Foundation Hawaii.
Who is the largest funder of The Korean American Foundation Hawaii?
HAWAII VISITORS AND CONVENTION BUREAU is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like The Korean American Foundation Hawaii find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Hawaii. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Korean American Foundation Hawaii →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing