Southpole Foundation Inc
Southpole Foundation Inc is a private foundation based in Fort Lee, New Jersey. Established in 2003 as a family foundation, formerly known as the Khym Foundation, it says its mission is to give back to underserved members of the New York and New Jersey community.
Southpole Foundation Inc at a glance
In short: Southpole Foundation Inc gave $490K across 26 grants in 2025 (avg $19K), mostly in New York. 20% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $490,000
- +25.6% vs 2024
- Grants made (2025)
- 26
- +23.8% vs 2024
- Average grant
- $18,846
- +1.5% vs 2024
- Median grant
- $20,000
- Total assets
- $9,308,481
- -0.4% vs 2024
- New grantees (estimate)
- 20% first-time grantees (5 of 25, 2025)
- Primary geography
- New York (53% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Southpole Foundation Inc
- 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 for funds.
- Contact
Mailing address: 222 Bridge Plaza South, Fort Lee, NJ 07024
Phone: (201) 242-5900
Website: https://www.southpolefoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Southpole Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was KCS ($35K). Together the top 10 received $225K.
Grant Size Distribution
104 grants across all recorded years
The most common grant size was under $50K: 103 grants of 104 (99%).
Geographic Focus
Where this funder awards grants
The foundation describes its work as serving underserved communities in New York and New Jersey. Its 2025 grant dollars went to recipients in New York (53%), New Jersey (43%), and Pennsylvania (4%).
Grant Distribution by State
Share of 2025 grant dollars across all 26 itemized grants.
Cities
Is Southpole Foundation Inc open to new grantees?
20%
first-time grantees, 2025
In 2025, 5 of 25 grantees (20%) were first-time recipients. First grants averaged $18K; repeat grants $19K. How we count
Medians: $20K first-time, $20K repeat.
- 80% of 2025 grantees were also funded in 2024. Method
- Giving grew 74% from 2022 to 2025. Method
- In 2025 it paid out 98% 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 (2020–2025). 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 2025, annual grant giving ranged from $235K (2020) to $490K (2025). In 2025 it made 26 grants totaling $490K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| KCS Bayside, NY | Charitable Grant | $35,000 |
| Bergen Community College Paramus, NJ | Scholarship Grant | $30,000 |
| 12 Plus Philadelphia, PA | Charitable Grant | $20,000 |
| Awca NJ Teaneck, NJ | Charitable Grant | $20,000 |
| Bergen New Bridge Medical Center Paramus, NJ | Charitable Grant | $20,000 |
| BMCC New York, NY | Scholarship Grant | $20,000 |
| Cida Bayside, NY | Charitable Grant | $20,000 |
| Englewood Health Foundation Englewood, NJ | Charitable Grant | $20,000 |
| Family Touch Inc Leonia, NJ | Charitable Grant | $20,000 |
| Flushing YMCA Flushing, NY | Charitable Grant | $20,000 |
Ready to take the next step with Southpole Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,308,481 | $478,362 | $513,067 | $490,000 | 26 | $496,586 | $461,881 | $505,560 |
| 2024 | $9,343,186 | $465,308 | $415,120 | $390,000 | 21 | $401,996 | $452,184 | $479,481 |
| 2023 | $9,292,998 | $-190,135 | $420,563 | $363,500 | 21 | $409,464 | $211,458 | $439,457 |
| 2022 | $9,903,696 | $17,046 | $308,011 | $281,000 | 20 | $285,185 | $190,471 | $449,554 |
| 2021 | $10,194,661 | $6,327,349 | $248,593 | $237,000 | 16 | $241,296 | $1,243,456 | $275,553 |
| 2020 | $4,115,905 | $132,783 | $243,033 | $235,000 | 16 | — | $124,976 | $209,865 |
Under IRS private-foundation payout rules, Southpole Foundation Inc reported a distributable amount of $506K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to give back to underserved members of the New York and New Jersey community. Its website describes support for community services benefiting underserved populations, including people with disabilities, new Americans, children, older adults, and families. It also describes a scholarship program at selected community colleges; as of 2023, the program had awarded scholarships to 971 students.
Grantees’ own mission statements illustrate the range of organizations supported. For example, 12 PLUS says it partners with high schools to provide academic, postsecondary, and career support. Family Touch Inc says it provides family-life education and counseling, while Bergen Family Center says it provides mental-health, educational, case-management, and recreational programs. Queensborough Community College’s supporting fund says it raises private funds to advance the college’s educational and cultural programs.
Grantmaking
In filing year 2025, the foundation reported $490,000 in grants across 26 grants. Grant amounts ranged from $5,000 to $35,000, with a median grant of $20,000.
Among its largest 2025 grants were $35,000 to KCS; $30,000 to Bergen Community College for scholarships; and $20,000 each to 12 PLUS, AWCA NJ, Bergen New Bridge Medical Center, BMCC for scholarships, CIDA, Englewood Health Foundation, Family Touch Inc, Flushing YMCA, Give Chances Inc, and Hostos Community College for scholarships. The foundation also gave $20,000 to Queensborough Community College and $10,000 to Bergen Family Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Daewon Khym as president, Kwangwon Khym as secretary, and Esther Khym as treasurer. The foundation’s website lists David Khym and Kenny Khym as founders; Sang Hwan Pak, Charles Yoon, Kyung Hee Choi, Harold Lee, Paul Kim, and Gene Kang as trustees; Youngman Kim, John Lee, and Aaron Kwon on the advisory board; and James Yoo as administrator.
Southpole Foundation Inc is led by Daewon Khym, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daewon Khym
President
On filings since 2020
1 hr/week
No compensation reported
Esther Khym
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Kwangwon Khym
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Southpole Foundation Inc
How much does Southpole Foundation Inc give each year?
Southpole Foundation Inc gave $490K across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $390K across 21 grants.
What is Southpole Foundation Inc's typical grant size?
Southpole Foundation Inc's median grant in 2025 was $20,000, and its average grant was $18,846, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Southpole Foundation Inc that year got $18K on average.
Where does Southpole Foundation Inc give grants?
Southpole Foundation Inc gives mostly in New York: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (43%). The most frequent recipient cities were New York, NY (4 grants), Bayside, NY (3 grants), Paramus, NJ (2 grants) and Flushing, NY (2 grants).
Does Southpole Foundation Inc give general operating support?
Not in 2025: none of the 26 grants with a stated purpose on Southpole Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Grant" (16 grants) and "Scholarship Grant" (10 grants).
Who are Southpole Foundation Inc's largest grantees?
Southpole Foundation Inc's largest 2025 grantees include KCS ($35,000), Bergen Community College ($30,000) and 12 Plus ($20,000), according to its 2025 IRS Form 990-PF. Together they received 17% of its itemized 2025 grant dollars.
How large is Southpole Foundation Inc?
Southpole Foundation Inc reported $9.3M in total assets on its 2025 IRS Form 990-PF. It paid out $497K in qualifying distributions that year, against a required minimum of $506K (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 Southpole Foundation Inc fund?
The foundation’s stated mission is to give back to underserved members of the New York and New Jersey community. Its website describes support for community services benefiting underserved populations, including people with disabilities, new Americans, children, older adults, and families. See mission & focus areas ↑
How do I apply for a grant from Southpole Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Southpole Foundation Inc's EIN?
Southpole Foundation Inc's EIN (Employer Identification Number) is 20-0471235. IRS Form 990 filing data is available on this page for 2020–2025.
Does Southpole Foundation Inc 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Southpole Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/southpole-foundation-inc-morg_f27d3c3557bd42039fda8542bf440b11
BibTeX
@misc{grantable_200471235_2026,
author = {{Grantable}},
title = {{Southpole Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/southpole-foundation-inc-morg_f27d3c3557bd42039fda8542bf440b11},
note = {Accessed 2026-10-12. 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 Southpole Foundation Inc'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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