The Kahng Foundation is a private grantmaking foundation established in 1997 and based in Austin, Texas. As a 501(c)(3) organization, it operates as a family foundation focused on supporting nonprofit initiatives across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.5M
+8.2% YoY
Annual Giving
$1.8M
+3.4% YoY
Grant Count
24
-7.7% YoY
Avg Grant Size
$77K
+12.1% YoY
Mission & Focus Areas
The foundation supports projects in the areas of:
- Arts & culture
- Education
- Development of civil society
The foundation also emphasizes giving for education and religion, with particular attention to Korean culture and interests.
Grantmaking
Arts grants for nonprofits, grants for creative writing, grants for historic buildings, grants for journalism, and grants for education nonprofits.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is primarily concentrated in New York, Texas, and California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $5,484,527
- Total revenues: $2,590,502
- Total expenses: $2,162,112
- Investment income and dividends: $203,611
- Net rental income: $167,208
As of December 2023:
- Total assets: $5.07M
- Total revenues: $3.01M
- Total expenses: $2.1M
- Total liabilities: $32,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,484,527 | $5,069,995 | $4,128,820 |
| Revenue | $2,590,502 | $3,014,189 | $360,004 |
| Expenses | $2,162,112 | $2,100,397 | $2,096,322 |
| Qualifying Distributions | $1,842,760 | $1,786,398 | $1,768,570 |
| Net Investment Income | $2,354,831 | $2,775,041 | $115,550 |
| Distributable Amount | $2,189,887 | $1,844,919 | $1,786,251 |
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
124 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key trustees include:
- Choongja Kahng
- Stephen Kahng
- Peter Kahng
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER KAHNG | PRESIDENT | 15 | — |
| CHOONGJA KAHNG | VICE PRESIDENT | 10 | — |
| STEPHEN KAHNG | VICE PRESIDENT | 5 | — |
Contact Information
Address: 301 West Ave Unit 2206, Austin, TX 78701-4772
Telephone: 212-242-3625
Website: kahngfound.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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