Southpole Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT LEE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 21 grants totaling $390K. Net investment income was $452K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.3M
+0.5% YoY
Annual Giving
$390K
+7.3% YoY
Grant Count
21
+0.0% YoY
Avg Grant Size
$19K
+7.3% YoY
Under IRS private-foundation payout rules, Southpole Foundation Inc reported a distributable amount of $479K for 2024 — the minimum it must pay out in qualifying distributions.
About Southpole Foundation Inc
Based on IRS filings
Southpole Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT LEE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 21 grants totaling $390K. Net investment income was $452K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,343,186 | $9,292,998 | $9,903,696 |
| Revenue | $465,308 | $-190,135 | $17,046 |
| Expenses | $415,120 | $420,563 | $308,011 |
| Qualifying Distributions | $401,996 | $409,464 | $285,185 |
| Net Investment Income | $452,184 | $211,458 | $190,471 |
| Distributable Amount | $479,481 | $439,457 | $449,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cida ($30,000), Give Chances Inc ($30,000), Bergen Community College ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BERGEN COMMUNITY COLLEGE PARAMUS, NJ | SCHOLARSHIP GRANT | $20,000 |
| LAGUARDIA COMMUNITY COLLEGE LIC, NY | SCHOLARSHIP GRANT | $20,000 |
| QUEENSBOROUGH COMMUNITY COLLEGE BAYSIDE, NY | SCHOLARSHIP GRANT | $20,000 |
| KINGSBOROUGH COMMUNITY COLLEGE FOUN BROOKLYN, NY | SCHOLARSHIP GRANT | $20,000 |
| BMCC NEW YORK, NY | SCHOLARSHIP GRANT | $20,000 |
| UNION COUNTY COLLEGE CRANFORD, NJ | SCHOLARSHIP GRANT | $20,000 |
| MIDDLESEX COUNTY COLLEGE EDISON, NJ | SCHOLARSHIP GRANT | $20,000 |
| HOSTOS COMMUNITY COLLEGE BRONX, NY | SCHOLARSHIP GRANT | $20,000 |
| FLUSHING YMCA FLUSHING, NY | CHARITABLE GRANT | $20,000 |
| 12 PLUS PHILADELPHIA, PA | CHARITABLE GRANT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAEWON KHYM | PRESIDENT | 1 | — |
| KWANGWON KHYM | SECRETARY | 1 | — |
| ESTHER KHYM | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Southpole Foundation Inc?
Southpole Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT LEE, NJ. It holds $9.3M in total assets as of 2024.
How large is Southpole Foundation Inc?
As of 2024, Southpole Foundation Inc holds $9.3M in total assets with $465K in annual revenue. It awarded 21 grants totaling $390K in 2024.
Where does Southpole Foundation Inc operate?
Southpole Foundation Inc has awarded grants in New Jersey, New York, Pennsylvania.
What size grants does Southpole Foundation Inc award?
In 2024, Southpole Foundation Inc awarded 21 grants totaling $390K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Southpole Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Southpole Foundation Inc reported a distributable amount of $479K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Southpole Foundation Inc'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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