346 Foundation

WILMINGTON, DE EIN: 87-3077923

346 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $811K in total assets. In 2024, it awarded 6 grants totaling $60K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$811K

-7.0% YoY

Annual Giving

$60K

+50.0% YoY

Grant Count

6

+100.0% YoY

Avg Grant Size

$10K

-25.0% YoY

About 346 Foundation

Based on IRS filings

346 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $811K in total assets. In 2024, it awarded 6 grants totaling $60K. Net investment income was $9K.

Ready to take the next step with 346 Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Fair LawnFullertonNorwalkOrangeSaddle BrookTorranceWappingers Fl

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$275K$550K$825K$1M2021202220232024
Metric202420232022
Total Assets$811,483$872,714$914,620
Revenue$9,250$8,491$3,692
Expenses$70,481$50,397$83,649
Qualifying Distributions$70,363$50,346$83,648
Net Investment Income$9,250$8,491$3,692
Distributable Amount$41,302$43,749$46,929

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$56K$75K0 grants20212 grants20223 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

PEACE KOREAN REFORMED CH…$20KAMERICA WHEAT MISSION INC$10KGRACE RIVER KOREAN UNITE…$10KLIGHTHOUSE COMMUNITY CHU…$10KCOMPASSIONATE ANIMAL RES…$5KMOSO MISSION FOR CHRIST$5K

Grant Size Distribution

11 grants across all recorded years

10<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Derek B KimDir, Pres, Sec, Treas1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with 346 Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities