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 grants totaling $17K. Net investment income was $2K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$254K
+0.8% YoY
Annual Giving
$17K
+142.9% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$17K
+385.7% YoY
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.
About MK Connection
Based on IRS filings
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 grants totaling $17K. Net investment income was $2K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $253,547 | $251,563 |
| Revenue | $65,641 | $77,011 |
| Expenses | $63,835 | $46,379 |
| Qualifying Distributions | $63,794 | — |
| Net Investment Income | $1,981 | $2,942 |
| Distributable Amount | $12,395 | $11,593 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2021
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Yeonhwa Kim ($17,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Yeonhwa Kim | Funding for missionary families abroad | $17,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jung Hoon Won | President | 1 | — |
| Heejin Yana Ahn | Director | 1 | — |
| Yoosin Kang | Treasurer | 1 | — |
| Frank Hyun | Secretary | 1 | — |
| Mark Lee | Director | 1 | — |
| Chiyon Huh | Exec Director | 30 | $28,015 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is MK Connection?
As of 2021, MK Connection holds $254K in total assets with $66K in annual revenue. It awarded 1 grants totaling $17K in 2021.
What size grants does MK Connection award?
In 2021, MK Connection awarded 1 grants totaling $17K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is MK Connection required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, MK Connection reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in MK Connection'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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