Asian Research Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AIEA, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 2 grants totaling $100K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-7.2% YoY
Annual Giving
$100K
-1.3% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$50K
+97.4% YoY
Under IRS private-foundation payout rules, Asian Research Foundation reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.
About Asian Research Foundation
Based on IRS filings
Asian Research Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AIEA, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 2 grants totaling $100K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,288,564 | $1,388,763 | $1,522,720 |
| Revenue | $72,795 | $40,648 | $44,675 |
| Expenses | $172,994 | $174,605 | $234,311 |
| Qualifying Distributions | $101,963 | $107,766 | $169,139 |
| Net Investment Income | $7,177 | — | — |
| Distributable Amount | $74,947 | $98,198 | $91,778 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include International Society for Korean Studies ($80,000), Center for Korean Studies ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTER FOR KOREAN STUDIES HONOLULU, HI | TO SUPPORT A CONFERENCE IN KOREA | $20,000 |
| INTERNATIONAL SOCIETY FOR KOREAN STUDIES | TO SUPPORT CONFERENCE AND PLANNING ACTIVITIES FOR THIS ORGANIZATION WHICH PROMOTES ACADEMIC DIALOGUE ACROSS NORTHEAST ASIA AND PARTICULARLY IN KOREA | $80,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NAMSUN SONG | PRESIDENT | 3 | — |
| EDWARD SHULTZ | VICE PRESIDENT/DIRECTOR | 3 | — |
| SANG HYOP LEE | SECRETARY | 2 | — |
| TAE-UNG BAIK | TREASURER/DIRECTOR | 2 | — |
| JONGSOO YOON | DIRECTOR | 2 | — |
| HAEMI KWON | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Asian Research Foundation?
Asian Research Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AIEA, HI. It holds $1.3M in total assets as of 2024.
How large is Asian Research Foundation?
As of 2024, Asian Research Foundation holds $1.3M in total assets with $73K in annual revenue. It awarded 2 grants totaling $100K in 2024.
Where does Asian Research Foundation operate?
Asian Research Foundation has awarded grants in Hawaii, Michigan.
What size grants does Asian Research Foundation award?
In 2024, Asian Research Foundation awarded 2 grants totaling $100K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Asian Research Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Asian Research Foundation reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Asian Research Foundation's EIN?
Asian Research Foundation's EIN (Employer Identification Number) is 99-0266031. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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