The Kang Family Foundation Inc is a private foundation focused on Education, based in LISLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $195K in total assets. In 2024, it awarded 4 grants totaling $49K. Net investment income was $35K.
Key facts about The Kang Family Foundation Inc
- EIN
- 87-0792549
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $49,043
- Grants made (2024)
- 4
- Average grant
- $12,261
- Median grant
- $6,372
- Total assets
- $194,727
- Primary geography
- Ohio (98% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who The Kang Family Foundation Inc funds
By grant dollars, the top recipient states for The Kang Family Foundation Inc's 4 itemized 2024 grants were Ohio (98%). The most frequent recipient cities were Perrysburg, OH (2 grants). 75% of grants with a stated purpose were for general or operating support.
How The Kang Family Foundation Inc gives
- Giving grew 277% from 2021 to 2024. Method
- In 2024 it paid out 393% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Kang Family Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$195K
-7.3% YoY
Annual Giving
$49K
+0.4% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$12K
+0.4% YoY
Under IRS private-foundation payout rules, The Kang Family Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About The Kang Family Foundation Inc
Based on IRS filings
The Kang Family Foundation Inc is a private foundation focused on Education, based in LISLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $195K in total assets. In 2024, it awarded 4 grants totaling $49K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $194,727 | $210,018 | $252,648 |
| Revenue | $35,505 | $7,603 | $14,530 |
| Expenses | $50,796 | $50,344 | $27,976 |
| Qualifying Distributions | $49,838 | $49,607 | $27,351 |
| Net Investment Income | $34,547 | $6,866 | $5,905 |
| Distributable Amount | $12,668 | $13,299 | $9,458 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Saint Rose Catholic Church ($46,043 across 2 grants), Leukemia & Lymphoma Society ($2,000), Fox Valley Ballet ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAINT ROSE CATHOLIC CHURCH PERRYSBURG, OH | GENERAL SUPPORT | $35,300 |
| SAINT ROSE CATHOLIC CHURCH PERRYSBURG, OH | PRAYER GARDEN | $10,743 |
| LEUKEMIA & LYMPHOMA SOCIETY INDEPENDENCE, OH | GENERAL SUPPORT | $2,000 |
| FOX VALLEY BALLET MONTGOMERY, IL | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Su-Pa Kang | President | 1 | — |
| Frances Kang | Treasurer | 1 | — |
| Matthew Kang | Vice President/Secretary | 1 | — |
| Kathleen Domm | Board Member | 0.5 | — |
| Therese Carrigan | Board Member | 0.5 | — |
| Ellen Kang | Board Member | 0.5 | — |
| Aaron Domm | Board Member | 0.5 | — |
| Charles Kang | Board Member | 0.5 | — |
| Teagan Domm | Board Member | 0.5 | — |
| John Carrigan | Board Member | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Kang Family Foundation Inc?
The Kang Family Foundation Inc is a private foundation focused on Education, based in LISLE, IL. It holds $195K in total assets as of 2024.
How large is The Kang Family Foundation Inc?
As of 2024, The Kang Family Foundation Inc holds $195K in total assets with $36K in annual revenue. It awarded 4 grants totaling $49K in 2024.
Where does The Kang Family Foundation Inc operate?
The Kang Family Foundation Inc has awarded grants in Illinois, Ohio.
What size grants does The Kang Family Foundation Inc award?
In 2024, The Kang Family Foundation Inc awarded 4 grants totaling $49K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Kang Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kang Family Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kang Family Foundation Inc's EIN?
The Kang Family Foundation Inc's EIN (Employer Identification Number) is 87-0792549. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.