Nae IL Foundation Ltd logo

Nae IL Foundation Ltd

501(c)(4) organization EIN: 98-1525203 Website

Naeil foundation's mission is to advance social justice and democratic values in the korean-American community by advocating for policies and civic engagement that places educational access, preservation of cultural heritage, cross-cultural coalition building, and community prosperity at the forefront. Additionally the foundation promotes equitable treatment of and outcomes for similarly situated underrepresented and socioeconomically disadvantaged communities across the united states and its territories where the foundation is a major stakeholder in the community.

Nae IL Foundation Ltd at a glance

In short: Nae IL Foundation Ltd gave $370K across 4 grants in 2024 (avg $93K), top state New York. Source: 2024 IRS Form 990.

Annual giving (2024)
$370,000
-1.3% vs 2023
Grants made (2024)
4
+33.3% vs 2023
Average grant
$92,500
-26.0% vs 2023
Median grant
$75,000
Total assets
$46,035,775
+18.0% vs 2023
Primary geography
New York (47% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Nae IL Foundation Ltd funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Korean American Family Service Center: $175KKorean American Family ServiceCenter$175KKorean American Family Services Inc (Kfam): $100KKorean American FamilyServices Inc (Kfam)$100KKorean American Coalition: $50KKorean American Coalition$50KThe Hana Center: $45KThe Hana Center$45K

The largest 2024 recipient was Korean American Family Service Center ($175K). Together the top 4 received $370K.

Grant Size Distribution

27 grants across all recorded years

10<$50K9$50–100K7$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 27 (37%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

New YorkLos AngelesQueensChicagoElmhurstFlushingLittle FerryNew WindsorPatersonScarsdaleTeaneckWalnutWashington District of

How Nae IL Foundation Ltd gives

  • Giving grew 23% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K9 grants2020 5 grants2021 6 grants2022 3 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $301K (2021) to $575K (2020). In 2024 it made 4 grants totaling $370K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Korean American Family Service Center New York, NYTo address domestic violence and sexual assault victims from a combined prevention and intervention perspective that remains sensitive to our cultural setting.$175,000
Korean American Family Services Inc (Kfam) Los Angeles, CATo provide culturally responsive social services in the areas of mental health, gender based violence, adoption and foster care, child and adult wellness, and other family support.$100,000
Korean American Coalition Los Angeles, CATo promote the civic and civil rights interests of the korean American community. Kac endeavors to achieve these goals through education, community organizing, leadership development, and coalition-building with diverse communities.$50,000
The Hana Center Chicago, ILTo build the power of korean, asian American, and multiethnic immigrant communities in chicagoland through social services, education, culture, and community organizing to advance human rights.$45,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$46,035,775$-167,944$420,147$370,0004$-167,944
2023$39,029,721$1,581,308$468,456$375,0003$1,581,308
2022$38,028,994$709,096$430,202$391,0006$709,096
2021$50,776,401$11,626,205$425,813$301,0505$11,626,205
2020$39,576,009$40,243,451$667,442$574,9449$29,656,813

About Nae IL Foundation Ltd

Based on IRS filings

Nae IL Foundation Ltd is a public charity. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46.0M in total assets. In 2024, it awarded 4 grants totaling $370K.

Leadership & Key People

Officers and directors from IRS filings

Nae IL Foundation Ltd's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael Lee

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • So Young Kim

    Director

    Director → Director & Secretary, 2021

    Director & Secretary → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • William Moon

    Director & Treasurer

    On filings since 2020

    1.5 hrs/week

    No compensation reported

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 Nae IL Foundation Ltd

How much does Nae IL Foundation Ltd give each year?

Nae IL Foundation Ltd gave $370K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $375K across 3 grants.

What is Nae IL Foundation Ltd's typical grant size?

Nae IL Foundation Ltd's median grant in 2024 was $75,000, and its average grant was $92,500, across 4 grants on its 2024 IRS Form 990.

Where does Nae IL Foundation Ltd give grants?

Nae IL Foundation Ltd's top state is New York, with 47% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (41%) and Illinois (12%). The most frequent recipient cities were Los Angeles, CA (2 grants).

Does Nae IL Foundation Ltd give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Nae IL Foundation Ltd's 2024 IRS Form 990 were described as general or operating support.

How large is Nae IL Foundation Ltd?

Nae IL Foundation Ltd reported $46.0M in total assets on its 2024 IRS Form 990.

What is Nae IL Foundation Ltd's EIN?

Nae IL Foundation Ltd's EIN (Employer Identification Number) is 98-1525203. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 14, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Nae IL Foundation Ltd'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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