Korean American Buddhist Scholarship Foundation Inc
Korean American Buddhist Scholarship Foundation Inc is a private foundation focused on religion, based in Fort Lee, NJ. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $52K in total assets. In 2026, it awarded 2 grants totaling $2K.
Korean American Buddhist Scholarship Foundation Inc at a glance
In short: Korean American Buddhist Scholarship Foundation Inc gave $2K across 2 grants in 2026 (avg $1K), mostly in New Jersey. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $2,000
- -80.0% vs 2025
- Grants made (2026)
- 2
- -80.0% vs 2025
- Average grant
- $1,000
- +0.0% vs 2025
- Median grant
- $1,000
- Total assets
- $51,556
- -1.5% vs 2025
- Primary geography
- New Jersey (50% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Korean American Buddhist Scholarship Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Yeonji Kim ($1K). Together the top 2 received $2K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
Cities
How Korean American Buddhist Scholarship Foundation Inc gives
- In 2026 it paid out 116% of its IRS minimum distribution (the 5% rule). 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
From 2021 to 2026, annual grant giving ranged from $2K (2026) to $10K (2025). In 2026 it made 2 grants totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Yeonji Kim West New York, NJ | Educational | $1,000 |
| Jaekyeom Lee Fullerton, CA | Educational | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $51,556 | $2,072 | $2,850 | $2,000 | 2 | $2,850 | — | $2,463 |
| 2025 | $52,334 | $3,605 | $10,887 | $10,000 | 10 | $10,792 | — | $1,034 |
| 2024 | $59,616 | $1,867 | $5,708 | $5,000 | 5 | $5,000 | — | — |
| 2023 | $63,457 | $5,828 | $25 | — | — | — | $2,754 | — |
| 2022 | $57,452 | — | $9,333 | $6,000 | 6 | $6,000 | $1,800 | — |
| 2021 | $66,785 | $47,385 | $10,000 | $10,000 | 10 | — | $46,052 | — |
Under IRS private-foundation payout rules, Korean American Buddhist Scholarship Foundation Inc reported a distributable amount of $2K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Korean American Buddhist Scholarship Foundation Inc's 2026 filing lists 3 officers; none of the 3 officers listed in 2026 report compensation.
Officers on the 2026 filing
Eric Choi
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Justin Choi
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Young Sook Choi
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "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 Korean American Buddhist Scholarship Foundation Inc
How much does Korean American Buddhist Scholarship Foundation Inc give each year?
Korean American Buddhist Scholarship Foundation Inc gave $2K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $10K across 10 grants.
How large is Korean American Buddhist Scholarship Foundation Inc?
Korean American Buddhist Scholarship Foundation Inc reported $52K in total assets on its 2026 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Korean American Buddhist Scholarship Foundation Inc?
Korean American Buddhist Scholarship Foundation Inc is a private foundation focused on religion, based in Fort Lee, NJ. It holds $52K in total assets as of 2026.
Where does Korean American Buddhist Scholarship Foundation Inc operate?
Korean American Buddhist Scholarship Foundation Inc has awarded grants in California, Illinois, Massachusetts, New Jersey, New York, Pennsylvania, Washington.
What is Korean American Buddhist Scholarship Foundation Inc's EIN?
Korean American Buddhist Scholarship Foundation Inc's EIN (Employer Identification Number) is 01-0832008. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS June 14, 2026)
- IRS filings on file for fiscal years 2021–2025
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