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.
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
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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 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 include Saint Rose Catholic Church ($35,300), Saint Rose Catholic Church ($10,743), Leukemia & Lymphoma Society ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LEUKEMIA & LYMPHOMA SOCIETY INDEPENDENCE, OH | GENERAL SUPPORT | $2,000 |
| SAINT ROSE CATHOLIC CHURCH PERRYSBURG, OH | PRAYER GARDEN | $10,743 |
| SAINT ROSE CATHOLIC CHURCH PERRYSBURG, OH | GENERAL SUPPORT | $35,300 |
| FOX VALLEY BALLET MONTGOMERY, IL | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
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