Cnc Scholarship Foundation Inc

MONTGOMERY, AL EIN: 93-2622852

Cnc Scholarship Foundation Inc is a private foundation focused on Education, based in MONTGOMERY, AL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $27K in total assets. In 2024, it awarded 1 grants totaling $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$27K

+2605.0% YoY

Annual Giving

$11K

Grant Count

1

Avg Grant Size

$11K

Under IRS private-foundation payout rules, Cnc Scholarship Foundation Inc reported a distributable amount of $99 for 2024 — the minimum it must pay out in qualifying distributions.

About Cnc Scholarship Foundation Inc

Based on IRS filings

Cnc Scholarship Foundation Inc is a private foundation focused on Education, based in MONTGOMERY, AL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $27K in total assets. In 2024, it awarded 1 grants totaling $11K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Montgomery

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$19K$28K$38K20232024
Metric20242023
Total Assets$27,050$1,000
Revenue$34,500$1,000
Expenses$8,450
Qualifying Distributions$7,500
Net Investment Income
Distributable Amount$99$49

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$8K$11K0 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MINSEO KIM$11K

Grant Size Distribution

1 grants across all recorded years

1<$50K$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 include Minseo Kim ($11,000).

RecipientPurposeAmount
MINSEO KIM MONTGOMERY, ALSCHOLARSHIP$11,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHANG KEUN JODIRECTOR
CHANG WON CHODIRECTOR
DONG JUN JODIRECTOR
JONG DAE KIMPRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cnc Scholarship Foundation Inc?

Cnc Scholarship Foundation Inc is a private foundation focused on Education, based in MONTGOMERY, AL. It holds $27K in total assets as of 2024.

How large is Cnc Scholarship Foundation Inc?

As of 2024, Cnc Scholarship Foundation Inc holds $27K in total assets with $35K in annual revenue. It awarded 1 grants totaling $11K in 2024.

Where does Cnc Scholarship Foundation Inc operate?

Cnc Scholarship Foundation Inc has awarded grants in Alabama.

What size grants does Cnc Scholarship Foundation Inc award?

In 2024, Cnc Scholarship Foundation Inc awarded 1 grants totaling $11K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Cnc Scholarship Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cnc Scholarship Foundation Inc reported a distributable amount of $99 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cnc Scholarship Foundation Inc's EIN?

Cnc Scholarship Foundation Inc's EIN (Employer Identification Number) is 93-2622852. IRS Form 990 filing data is available on this page for 2023–2024.

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

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