MK Connection
MK Connection is a private foundation focused on Education, based in Los Angeles, CA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $254K in total assets. In 2021, it awarded 1 grant totaling $17K. Net investment income was $2K.
MK Connection at a glance
In short: MK Connection gave $17K across 1 grant in 2021 (avg $17K). Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $17,000
- +142.9% vs 2020
- Grants made (2021)
- 1
- -50.0% vs 2020
- Average grant
- $17,000
- +385.7% vs 2020
- Median grant
- $17,000
- Total assets
- $253,547
- +0.8% vs 2020
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who MK Connection funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
How MK Connection gives
- In 2021 it paid out 515% 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 2020 to 2021, annual grant giving ranged from $7K (2020) to $17K (2021). In 2021 it made 1 grant totaling $17K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $17,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2021 | $253,547 | $65,641 | $63,835 | $17,000 | 1 | $63,794 | $1,981 | $12,395 |
| 2020 | $251,563 | $77,011 | $46,379 | $7,000 | 2 | — | $2,942 | $11,593 |
Under IRS private-foundation payout rules, MK Connection reported a distributable amount of $12K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MK Connection is led by Chiyon Huh, Executive Director since 2021 (on filings since 2020); 1 of 6 officers listed in 2021 is compensated.
Officers on the 2021 filing
Chiyon Huh
Executive Director
CEO → Executive Director, 2021
On filings since 2020
30 hrs/week
$24K (2020) → $28K (2021)
Jung Hoon Won
President
Chairman → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Heejin Yana Ahn
Director
On filings since 2020
1 hr/week
No compensation reported
Mark Lee
Director
On filings since 2020
1 hr/week
No compensation reported
Frank Hyun
Secretary
On filings since 2020
1 hr/week
No compensation reported
Yoosin Kang
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Alice Choi (2020) — Operations Manager
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $28K, to Chiyon Huh (Exec Director).
Frequently asked questions about MK Connection
How much does MK Connection give each year?
MK Connection gave $17K across 1 grant in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $7K across 2 grants.
How large is MK Connection?
MK Connection reported $254K in total assets on its 2021 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is MK Connection?
MK Connection is a private foundation focused on Education, based in Los Angeles, CA. It holds $254K in total assets as of 2021.
What is MK Connection's EIN?
MK Connection's EIN (Employer Identification Number) is 26-2182778. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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