Joom Foundation is a private foundation focused on Education, based in SAN JOSE, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $99K in total assets. In 2024, it awarded 3 grants totaling $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$99K
+136.5% YoY
Annual Giving
$14K
Grant Count
3
Avg Grant Size
$5K
Under IRS private-foundation payout rules, Joom Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Joom Foundation
Based on IRS filings
Joom Foundation is a private foundation focused on Education, based in SAN JOSE, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $99K in total assets. In 2024, it awarded 3 grants totaling $14K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $98,619 | $41,698 |
| Revenue | $78,294 | $51,648 |
| Expenses | $21,373 | $10,345 |
| Qualifying Distributions | $21,373 | $10,345 |
| Net Investment Income | — | — |
| Distributable Amount | $2,285 | $409 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Compassion International ($6,192), World Vision ($4,851), Korean Emmanuel Presbyterian Church ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Compassion International Colorado Springs, CO | Child Sponsorship Support | $6,192 |
| World Vision Federal Way, WA | Child Sponsorship Support | $4,851 |
| Korean Emmanuel Presbyterian Church San Jose, CA | Mission designated donations | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ji Chul Ahn | CEO | 40 | — |
| Eun Sun Ahn | CFO | 40 | — |
| Eun Jin Ko | Secretary | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joom Foundation?
Joom Foundation is a private foundation focused on Education, based in SAN JOSE, CA. It holds $99K in total assets as of 2024.
How large is Joom Foundation?
As of 2024, Joom Foundation holds $99K in total assets with $78K in annual revenue. It awarded 3 grants totaling $14K in 2024.
Where does Joom Foundation operate?
Joom Foundation has awarded grants in California, Colorado, Washington.
What size grants does Joom Foundation award?
In 2024, Joom Foundation awarded 3 grants totaling $14K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Joom Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joom Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joom Foundation's EIN?
Joom Foundation's EIN (Employer Identification Number) is 93-1628436. IRS Form 990 filing data is available on this page for 2023–2024.
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Browse active grant opportunities in Joom Foundation'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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