Intercontinental Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $949K in total assets. In 2024, it awarded 20 grants totaling $126K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$949K
-2.6% YoY
Annual Giving
$126K
+25.0% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$6K
+18.8% YoY
Under IRS private-foundation payout rules, Intercontinental Foundation Inc reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Intercontinental Foundation Inc
Based on IRS filings
Intercontinental Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $949K in total assets. In 2024, it awarded 20 grants totaling $126K.
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 | $949,197 | $974,420 | $972,369 |
| Revenue | $120,000 | $120,000 | $120,000 |
| Expenses | $145,223 | $117,949 | $70,172 |
| Qualifying Distributions | $125,800 | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $47,369 | $47,940 | $47,889 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include La Sehil Church ($21,000), In Kang Kim ($11,000), Jiwon Park ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASHLEY WOLFF Jackson, GA | To support those in financial need | $3,000 |
| BYEONG NO JEONG Placentia, CA | To support those in financial need | $5,000 |
| DUK WON Los Angeles, CA | To support those in financial need | $4,000 |
| GUOZHEN ZHANG Lawrenceville, GA | To support those in financial need | $5,000 |
| JACKLYN JUNG Los Angeles, CA | To support those in financial need | $1,000 |
| JIWON PARK Alpharetta, GA | To support those in financial need | $10,000 |
| KWANG HOON KIM Buford, GA | To support those in financial need | $8,000 |
| LA SEHIL CHURCH Los Angeles, CA | To support those in financial need | $21,000 |
| SEUNG JI HAN Marietta, GA | To support those in financial need | $3,000 |
| SPIRITUAL OFFICERS ACADEMY Atlanta, GA | To support those in financial need | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHONG W CHUN | CHAIRMAN | 2 | — |
| DONG W KIM | TREASURER | 2 | — |
| DONG WON SHIN | SECRETATY | 2 | — |
| GRACE SHIM | DIRECTOR | — | — |
| CLAIRE D LIM | DIRECTOR | — | — |
| JOSEPH WOO | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Intercontinental Foundation Inc?
Intercontinental Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $949K in total assets as of 2024.
How large is Intercontinental Foundation Inc?
As of 2024, Intercontinental Foundation Inc holds $949K in total assets with $120K in annual revenue. It awarded 20 grants totaling $126K in 2024.
Where does Intercontinental Foundation Inc operate?
Intercontinental Foundation Inc has awarded grants in California, Georgia, New Jersey, Pennsylvania.
What size grants does Intercontinental Foundation Inc award?
In 2024, Intercontinental Foundation Inc awarded 20 grants totaling $126K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Intercontinental Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Intercontinental Foundation Inc reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Intercontinental Foundation Inc's EIN?
Intercontinental Foundation Inc's EIN (Employer Identification Number) is 47-5586921. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Intercontinental Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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