Chanil Foundation

Foundation · Grantmaker Pennington, NJ EIN: 33-0614959

The Chanil Foundation is a private foundation established in 1993 and designated as a 501(c)(3) organization. Based in Pennington, New Jersey, the foundation operates as a family foundation with a broad philanthropic reach across multiple states.

Key facts about Chanil Foundation

EIN
33-0614959
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$245,704
Grants made (2024)
17
Average grant
$14,453
Median grant
$10,000
New grantees (estimate)
18% first-time grantees (3 of 17, 2024)
Total assets
$1,978,801
Primary geography
California (85% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Chanil Foundation funds

By grant dollars, the top recipient states for Chanil Foundation's 17 itemized 2024 grants were California (85%) and New York (15%). The most frequent recipient cities were New York, NY (3 grants), Los Angeles, CA (2 grants) and Irvine, CA (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Chanil Foundation open to new grantees?

18%

first-time grantees, 2024

In 2024, 3 of 17 grantees (18%) were first-time recipients. First grants averaged $9K; repeat grants $16K. How we count

Medians: $10K first-time, $10K repeat.

  • 71% of 2024 grantees were also funded in 2023. Method
  • Giving grew 21% from 2021 to 2024. Method
  • In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+3.2% YoY

Annual Giving

$246K

+7.1% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$14K

+0.8% YoY

Under IRS private-foundation payout rules, Chanil Foundation reported a distributable amount of $228K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports projects in education, philanthropy, voluntarism and grantmaking, and human services. The foundation provides unrestricted general grants to its grantees.

Grantmaking

The Chanil Foundation actively distributes grants across its portfolio. Recent grant activity includes:

Grant Range

of approximately $61 based on recent data. The foundation is open to new applicants.

Average Grant

of approximately $61 based on recent data. The foundation is open to new applicants.

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Geographic Focus

Where this funder awards grants

The foundation funds projects primarily in California, New York, and Pennsylvania, with documented support for major urban centers including Los Angeles, New York City, and Philadelphia.

Grant Distribution by State

3states

Share of all 17 itemized 2024 grant dollars.

Cities

New YorkIrvineLos AngelesSanta AnaFullertonLong Island CityOrange CountySan DiegoSan Juan CapoSanta Fe SpringsLong BeachNewport BeachLa MiradaBanningCosta MesaPhiladelphiaSan Luis Obispo

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2023):

  • Total Assets: $1,918,330
  • Total Revenue: $178,688
  • Total Expenses: $273,234
  • Total Liabilities: $0

Income Composition (2023):

  • Investment income and dividends: $157,538
  • Net gain from sale of non-inventory assets: $5,150
  • Miscellaneous revenues: $16,000

Grant Distribution:

  • Total giving (2024): $245,704
  • Total giving (2023): Approximately $229,500–$230,000

The foundation maintains zero employees and operates with volunteer leadership.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$98K$195K$293K$390K20202021202220232024
Metric202420232022
Total Assets$1,978,801$1,918,330$2,014,631
Revenue$354,683$178,688$182,013
Expenses$294,766$273,234$326,779
Qualifying Distributions$279,676$265,044$303,029
Net Investment Income$345,139$153,277$170,703
Distributable Amount$227,889$212,476$254,694

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$76K$151K$227K$302K21 grants202015 grants202122 grants202216 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Margaret's School: $55KSt Margaret's School$55KThe Dream Orchestra: $40KThe Dream Orchestra$40KMetropolitian Opera: $20KMetropolitian Opera$20KSecond Harvest Food Bank of Orange Cnty: $20KSecond Harvest Food Bank ofOrange Cnty$20KUniversity of Southern California - LA: $15KUniversity of SouthernCalifornia - LA$15KCalifornia Polytech State Univ Fdn: $12KCalifornia Polytech State UnivFdn$12KHome on the Green Pastures: $12KHome on the Green Pastures$12KKasec -Korean American Special Education: $10KKasec -Korean American SpecialEducation$10KThe Cambridge School: $10KThe Cambridge School$10KHabitat for Humanity of Orange County: $10KHabitat for Humanity of OrangeCounty$10K

Grant Size Distribution

91 grants across all recorded years

89<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Margaret's School ($55,000), The Dream Orchestra ($40,000), Metropolitian Opera ($20,000).

RecipientPurposeAmount
ST MARGARET'S SCHOOL San Juan Capo, CAUNRESTRICTED GENERAL$55,000
THE DREAM ORCHESTRA Los Angeles, CAUNRESTRICTED GENERAL$40,000
METROPOLITIAN OPERA New York, NYUNRESTRICTED GENERAL$20,000
SECOND HARVEST FOOD BANK OF ORANGE CNTY Irvine, CAUNRESTRICTED GENERAL$20,000
UNIVERSITY OF SOUTHERN CALIFORNIA - LA Los Angeles, CAUNRESTRICTED GENERAL$15,000
CALIFORNIA POLYTECH STATE UNIV FDN San Luis Obispo, CAUNRESTRICTED GENERAL$12,204
HOME ON THE GREEN PASTURES Orange County, CAUNRESTRICTED GENERAL$12,000
KASEC -KOREAN AMERICAN SPECIAL EDUCATION Santa Fe Springs, CAUNRESTRICTED GENERAL$10,000
THE CAMBRIDGE SCHOOL San Diego, CAUNRESTRICTED GENERAL$10,000
HABITAT FOR HUMANITY OF ORANGE COUNTY Santa Ana, CAUNRESTRICTED GENERAL$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership includes:

  • Dean Kim - Board Chairman (serves without compensation)
  • Injoa Kim - Secretary (serves without compensation)
  • Randa Kim - Chief Financial Officer (serves without compensation)

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Injoa KimSecretary1—
Dean KimBoard Chairman1—
Randa KimCFO1—

Frequently Asked Questions

What does Chanil Foundation fund?

The foundation supports projects in education, philanthropy, voluntarism and grantmaking, and human services. The foundation provides unrestricted general grants to its grantees.

How do I apply for a grant from Chanil Foundation?

The Chanil Foundation actively distributes grants across its portfolio. Recent grant activity includes: • **Philadelphia Museum of Art**: $50,000 (unrestricted general, 2023) • **Dream Orchestra**: $30,000 (unrestricted general, 2023) • **St Margaret's Episcopal School**: $25,000 (unrestricted general, 2023) The foundation made 22 grants in 2023 and 16 grants in 2024. Typical grant awards range from $5,000 to $55,000, with an average grant size of approximately $61 based on recent data. The fou…

Where does Chanil Foundation make grants?

The foundation funds projects primarily in California, New York, and Pennsylvania, with documented support for major urban centers including Los Angeles, New York City, and Philadelphia.

What size grants does Chanil Foundation award?

In 2024, Chanil Foundation awarded 17 grants totaling $246K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Chanil Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Chanil Foundation reported a distributable amount of $228K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Chanil Foundation's EIN?

Chanil Foundation's EIN (Employer Identification Number) is 33-0614959. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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