Han Bit Foundation Inc

Private foundation · Grantmaker Sandy Springs, GA EIN: 85-3922335

Han Bit Foundation Inc is a private foundation, based in Sandy Springs, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 5 grants totaling $90K. Net investment income was $218K.

Han Bit Foundation Inc at a glance

In short: Han Bit Foundation Inc gave $90K across 5 grants in 2024 (avg $18K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$90,000
-38.8% vs 2023
Grants made (2024)
5
-50.0% vs 2023
Average grant
$18,000
+22.4% vs 2023
Median grant
$10,000
Total assets
$1,987,917
+6.9% vs 2023
Primary geography
Georgia (83% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Han Bit Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Daniel Prayer Service: $53KDaniel Prayer Service$53KKorean American Grassroots Conferen: $15KKorean American GrassrootsConferen$15KKasf: $10KKasf$10KKCPC: $10KKCPC$10KKacma: $2KKacma$2K

The largest 2024 recipient was Daniel Prayer Service ($53K). Together the top 5 received $90K.

Grant Size Distribution

24 grants across all recorded years

22<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 24 (92%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

DuluthMiltonNorcrossSuwaneeWashingtonAlexandreaDecaturSandy Springs

How Han Bit Foundation Inc gives

  • In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 0 grants2021 9 grants2022 10 grants2023 5 grants2024

From 2022 to 2024, annual grant giving ranged from $90K (2024) to $147K (2023). In 2024 it made 5 grants totaling $90K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Daniel Prayer Service Milton, GAGeneral$53,000
Korean American Grassroots Conferen Washington, DCGeneral$15,000
Kasf Suwanee, GAGeneral$10,000
KCPC Duluth, GAGeneral$10,000
Kacma Norcross, GAGeneral$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,987,917$225,564$97,339$90,0005$90,000$218,320$95,173
2023$1,859,692$26,283$166,623$147,00010$147,000$6,638$86,270
2022$2,003,196$17,407$118,531$105,0009$105,000$6,501$92,781
2021$1,104,320——————$108,859

Under IRS private-foundation payout rules, Han Bit Foundation Inc reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Han Bit Foundation Inc is led by Stella Eun, CEO since 2024 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Stella Eun

    CEO

    Director → CEO, 2024

    On filings since 2020

    No compensation reported

  • Andrew Park

    Secretary

    New on the 2024 filing

    No compensation reported

  • David Eun

    CFO

    New on the 2024 filing

    No compensation reported

Former officers (2)
  • Former: Daniel Eun (2020–2023) — Director & S
  • Former: Jay Eun (2020–2023) — Director & C

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Han Bit Foundation Inc

How much does Han Bit Foundation Inc give each year?

Han Bit Foundation Inc gave $90K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $147K across 10 grants.

What is Han Bit Foundation Inc's typical grant size?

Han Bit Foundation Inc's median grant in 2024 was $10,000, and its average grant was $18,000, across 5 grants on its 2024 IRS Form 990-PF.

Where does Han Bit Foundation Inc give grants?

Han Bit Foundation Inc gives mostly in Georgia: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (17%).

Does Han Bit Foundation Inc give general operating support?

Yes: 100% of Han Bit Foundation Inc's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Han Bit Foundation Inc's largest grantees?

Han Bit Foundation Inc's largest 2024 grantees include Daniel Prayer Service ($53,000), Korean American Grassroots Conferen ($15,000) and Kasf ($10,000), according to its 2024 IRS Form 990-PF. Together they received 87% of its itemized 2024 grant dollars.

How large is Han Bit Foundation Inc?

Han Bit Foundation Inc reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $95K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Han Bit Foundation Inc's EIN?

Han Bit Foundation Inc's EIN (Employer Identification Number) is 85-3922335. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Han Bit Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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