Kang Dream Foundation
Kang Dream Foundation is a private foundation located in Los Angeles, California. In 2024, it made grants to charitable and community organizations, including for overseas scholarships, charitable activities, education, and support for people experiencing homelessness.
Kang Dream Foundation at a glance
In short: Kang Dream Foundation gave $313K across 32 grants in 2024 (avg $10K), mostly in California. 28% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $312,900
- +3.3% vs 2023
- Grants made (2024)
- 32
- -11.1% vs 2023
- Average grant
- $9,778
- +16.2% vs 2023
- Median grant
- $4,200
- Total assets
- $7,058,342
- +15.8% vs 2023
- New grantees (estimate)
- 28% first-time grantees (9 of 32, 2024)
- Primary geography
- California (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Kang Dream Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its filing describes a grant application prepared by the foundation, covering the grantee and project, organizational background, financial information, project budget, work plan, and plans for continuing the project. Grant recipients must sign a grant agreement. Use-of-funds reports are due every six months while funds remain unspent, followed by a final report on use and project effectiveness. For grants or distributions under $5,000, the filing says a report should be submitted annually by September 30 of the year following the grant.
- Contact
Application contact: Kevin C Kang
Mailing address: 1801 E 50Th St, Los Angeles, CA 90058
Phone: (323) 267-8222
Website: https://kangdreamfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kang Dream Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Scholarship Overseas ($82K). Together the top 10 received $240K.
Grant Size Distribution
171 grants across all recorded years
The most common grant size was under $50K: 163 grants of 171 (95%).
Geographic Focus
Where this funder awards grants
In 2024, 98% of grant dollars went to recipients in California and 2% to recipients in New York. The listed grants were primarily to California organizations, including recipients in Los Angeles and other California cities.
Grant Distribution by State
Share of 2024 grant dollars across all 32 itemized grants.
Cities
Is Kang Dream Foundation open to new grantees?
28%
first-time grantees, 2024
In 2024, 9 of 32 grantees (28%) were first-time recipients. First grants averaged $20K; repeat grants $6K. How we count
Medians: $5K first-time, $4K repeat.
- 69% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $221K (2020) to $357K (2022). In 2024 it made 32 grants totaling $313K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scholarship Overseas Loma Linda, CA | Support Oversea Scholarship | $81,800 |
| Korean American Federation Los Angeles, CA | Charitable Organization | $72,200 |
| The American Wheat Mission Santa Fe Springs, CA | Charitable Organization | $30,500 |
| Pava World Los Angeles, CA | Public Charity | $10,200 |
| Korea Town Senior & Community Los Angeles, CA | Education & Charitable Activities | $10,000 |
| Happy Village Los Angeles, CA | Make Winter Jacket for Homeless | $10,000 |
| Shalom Disability Ministries Los Angeles, CA | Developmental Disabilities | $6,400 |
| KCBC America Los Angeles, CA | Support Chariatable Activites | $6,400 |
| Glendale Korean SDA Church Los Angeles, CA | Religious Organization | $6,400 |
| Korean American Special Anaheim, CA | Educational Organization | $6,200 |
Ready to take the next step with Kang Dream Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,058,342 | $1,337,362 | $359,043 | $312,900 | 32 | $312,900 | $169,761 | $337,768 |
| 2023 | $6,097,223 | $-7,288 | $334,909 | $303,000 | 36 | $304,250 | $172,529 | $310,344 |
| 2022 | $6,442,103 | $1,345,265 | $393,947 | $357,300 | 33 | $362,200 | $173,408 | $295,266 |
| 2021 | $5,490,785 | $1,011,860 | $336,277 | $283,000 | 39 | — | $981,955 | $286,779 |
| 2020 | $4,810,730 | $50,881 | $363,941 | $221,000 | 31 | — | $44,035 | $277,237 |
Under IRS private-foundation payout rules, Kang Dream Foundation reported a distributable amount of $338K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for scholarship, educational, charitable, religious, and community organizations. Examples include a grant for overseas scholarships and grants to organizations whose stated work concerns community service, education, and social support.
Among its grantees, PAVA World describes its mission as bringing communities together through projects to preserve and cleanse the earth. Happy Village says it works to raise awareness of issues affecting new Korean immigrants, assist their assimilation into American society, and promote a socially responsive environment among minority groups. The Korean American Chamber of Commerce says it promotes the welfare and growth of the Korean American business community in Greater Los Angeles.
Grantmaking
In 2024, the foundation made 32 grants totaling $312,900. Grant amounts ranged from $1,000 to $81,800, with a median of $4,200.
The largest grants included $81,800 to Scholarship Overseas for overseas scholarship support, $72,200 to the Korean American Federation for charitable purposes, and $30,500 to The American Wheat Mission for charitable purposes. Other grants included $10,200 to PAVA World, $10,000 each to Korea Town Senior & Community and Happy Village, and $6,400 to Shalom Disability Ministries.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kevin Kang as president, Christin Y Kang as secretary, and Daniel Kang as treasurer. It lists Janet Kang, Sarah Shin, and Boomi Han as directors.
Kang Dream Foundation is led by Kevin C. Kang, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kevin C. Kang
President
On filings since 2020
No compensation reported
Boomi Han
Director
On filings since 2020
No compensation reported
Janet Kang
Director
On filings since 2020
No compensation reported
Sarah Shin
Director
On filings since 2022
No compensation reported
Christin Y. Kang
Secretary
On filings since 2020
No compensation reported
Daniel Kang
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Sarah Kang (2020–2021) — Director
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 Kang Dream Foundation
How much does Kang Dream Foundation give each year?
Kang Dream Foundation gave $313K across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $303K across 36 grants.
What is Kang Dream Foundation's typical grant size?
Kang Dream Foundation's median grant in 2024 was $4,200, and its average grant was $9,778, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Kang Dream Foundation that year got $20K on average.
Where does Kang Dream Foundation give grants?
Kang Dream Foundation gives mostly in California: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Angeles, CA (19 grants), Loma Linda, CA (2 grants) and Anaheim, CA (2 grants).
Does Kang Dream Foundation give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on Kang Dream Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Organization" (7 grants), "Religious Organization" (5 grants) and "Educational Organization" (3 grants).
Who are Kang Dream Foundation's largest grantees?
Kang Dream Foundation's largest 2024 grantees include Scholarship Overseas ($81,800), Korean American Federation ($72,200) and The American Wheat Mission ($30,500), according to its 2024 IRS Form 990-PF. Together they received 59% of its itemized 2024 grant dollars.
How large is Kang Dream Foundation?
Kang Dream Foundation reported $7.1M in total assets on its 2024 IRS Form 990-PF. It paid out $313K in qualifying distributions that year, against a required minimum of $338K (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 does Kang Dream Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for scholarship, educational, charitable, religious, and community organizations. See mission & focus areas ↑
How do I apply for a grant from Kang Dream Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Kang Dream Foundation's EIN?
Kang Dream Foundation's EIN (Employer Identification Number) is 90-0917579. IRS Form 990 filing data is available on this page for 2020–2024.
Does Kang Dream Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Kang Dream Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/kang-dream-foundation-morg_44e1bb1e8ca447e083204582668677af
BibTeX
@misc{grantable_900917579_2026,
author = {{Grantable}},
title = {{Kang Dream Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/kang-dream-foundation-morg_44e1bb1e8ca447e083204582668677af},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Kang Dream Foundation'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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