The Albert Kim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $346K in total assets. In 2024, it awarded 2 grants totaling $266K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$346K
-4.8% YoY
Annual Giving
$266K
+14.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$133K
-42.5% YoY
Under IRS private-foundation payout rules, The Albert Kim Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About The Albert Kim Foundation
Based on IRS filings
The Albert Kim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $346K in total assets. In 2024, it awarded 2 grants totaling $266K.
Focus Areas
Ready to take the next step with The Albert Kim Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $346,122 | $363,630 | $496,579 |
| Revenue | $250,000 | $100,000 | $150,000 |
| Expenses | $267,508 | $232,949 | $267,600 |
| Qualifying Distributions | $266,358 | $231,774 | $266,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | $17,478 | $21,183 | $27,352 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Korean American Family Services ($265,858), Tilly's Life Center ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| KOREAN AMERICAN FAMILY SERVICES LOS ANGELES, CA | PROVIDE MUCH-NEEDED MENTAL HEALTH COUNSELING SERVICES TO KOREAN IMMIGRANT FAMILIES IN NEED(FEIN 95-3899329) | $265,858 |
| TILLY'S LIFE CENTER IRVINE, CA | YOUTH SOCIAL AND EMOTIONAL CRISES (FEIN 45-5468732) | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT Y KIM | President & CEO | 1 | — |
| JUNG MU RYU | Secretary | 1 | — |
| KATIE KWAK | CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Albert Kim Foundation?
The Albert Kim Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $346K in total assets as of 2024.
How large is The Albert Kim Foundation?
As of 2024, The Albert Kim Foundation holds $346K in total assets with $250K in annual revenue. It awarded 2 grants totaling $266K in 2024.
Where does The Albert Kim Foundation operate?
The Albert Kim Foundation has awarded grants in California.
What size grants does The Albert Kim Foundation award?
In 2024, The Albert Kim Foundation awarded 2 grants totaling $266K — an average of about $133K per grant, based on its IRS Form 990 filings.
How much is The Albert Kim Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Albert Kim Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Albert Kim Foundation's EIN?
The Albert Kim Foundation's EIN (Employer Identification Number) is 27-4375586. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Albert Kim Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
S Mark Taper Foundation
LOS ANGELES, CA
Assets
$186.2M
Grants
71
Total Given
$6.6M
California Community Foundation
LOS ANGELES, CA
Assets
$2.2B
Grants
2,025
Total Given
$272.6M
In-n-out Burgers Foundation
IRVINE, CA
Assets
$45.6M
Grants
244
Total Given
$4.4M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Helaina Foundation
LOS ANGELES, CA
Assets
—
Grants
1
Total Given
$60K
The Robert & Renee Kelly Foundation
NEWPORT BEACH, CA
Assets
$755K
Grants
4
Total Given
$25K
Legal Aid Foundation of Los Angeles
LOS ANGELES, CA
Assets
$61.7M
Grants
14
Total Given
$26.6M
De Miranda Foundation Inc
PALOS VERDES PEN, CA
Assets
$6.4M
Grants
13
Total Given
$455K
The Van Metre Family Foundation Inc
FAIRFAX, VA
Assets
$5.2M
Grants
81
Total Given
$464K
Max Factor Family Foundation
LOS ANGELES, CA
Assets
$12.6M
Grants
20
Total Given
$730K
Bainum Family Foundation
WASHINGTON, DC
Assets
$731.8M
Grants
94
Total Given
$12.1M
The Chung and Soon Pak Family Foundation
LOS ANGELES, CA
Assets
$185K
Grants
1
Total Given
$8K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Albert Kim Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Albert Kim Foundation to a real strategy.