The Korea Society
The Korea Society at a glance
- Total assets
- $29,283,362
- +2.1% vs 2023
- Revenue (2024)
- $3,612,162
- +2.0% vs 2023
- Net investment income (2024)
- $1,015,160
- +27.8% vs 2023
- Expenses (2024)
- $3,984,029
- +6.1% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Korea Society funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Korea Society gives
- Giving fell 22% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $138K (2021) to $300K (2020). In 2023 it made 1 grant totaling $234K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Former Memebers of Congress (FMC) Washington, DC | To Support the Congressional Study Group on Korea | $234,086 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $29,283,362 | $3,612,162 | $3,984,029 | — | — | $1,015,160 |
| 2023 | $28,678,396 | $3,540,827 | $3,755,584 | $234,086 | 1 | $794,123 |
| 2022 | $27,540,832 | $5,439,144 | $3,476,977 | $240,781 | 3 | $1,966,847 |
| 2021 | $30,574,587 | $3,688,770 | $2,989,793 | $137,664 | 1 | $474,517 |
| 2020 | $27,780,256 | $3,566,882 | $2,928,001 | $300,000 | 1 | $1,010,200 |
About The Korea Society
Based on IRS filings
The Korea Society is a public charity focused on International, Foreign Affairs & National Security, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.3M in total assets. Net investment income was $1.0M.
Leadership & Key People
Officers and directors from IRS filings
The Korea Society is led by Thomas J. Byrne, President & CEO since 2021 (on filings since 2020); 2 of 26 officers listed in 2024 are compensated.
Officers on the 2024 filing
Thomas J. Byrne
President & CEO
President → President & CEO, 2021
On filings since 2020
40 hrs/week
$270K (2020) → $303K (2024)
Kathleen Stephens
Chair
On filings since 2020
2 hrs/week
No compensation reported
Abraham Kim
Director
On filings since 2020
2 hrs/week
No compensation reported
Anthony Kim
Director
On filings since 2020
2 hrs/week
No compensation reported
Kevin Lee
Director
On filings since 2020
2 hrs/week
No compensation reported
Mark Lippert
Director
On filings since 2020
2 hrs/week
No compensation reported
Mee Kim
Director
On filings since 2020
2 hrs/week
No compensation reported
Michael Burke
Director
On filings since 2020
2 hrs/week
No compensation reported
Michael Woods
Director
On filings since 2020
2 hrs/week
No compensation reported
Nicholas Bratt
Director
On filings since 2020
2 hrs/week
No compensation reported
Song K. Jung
Director
Secretary → Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
Susan Greenwell
Director
On filings since 2020
2 hrs/week
No compensation reported
Tami Overby
Director
On filings since 2020
2 hrs/week
No compensation reported
William R. Rhodes
Director
On filings since 2020
2 hrs/week
No compensation reported
Jun Choi
Director
On filings since 2021
2 hrs/week
No compensation reported
Kyoungsik Choi
Director
On filings since 2021
2 hrs/week
No compensation reported
Jun Bong Lee
Director
On filings since 2023
2 hrs/week
No compensation reported
Owen Young Joe
Director
On filings since 2023
2 hrs/week
No compensation reported
Pious Jung
Director
On filings since 2023
2 hrs/week
No compensation reported
Victor Cha
Director
On filings since 2023
2 hrs/week
No compensation reported
Walter Sharp
Director
On filings since 2023
2 hrs/week
No compensation reported
Harry Harris
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Hy Hetherington
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Hyun Cho
Financial Controller
On filings since 2023
40 hrs/week
$106K (2023) → $123K (2024)
Carter Booth
Secretary
Director → Secretary, 2022
On filings since 2020
2 hrs/week
No compensation reported
Young Choi
Treasurer
Director → Treasurer, 2022
On filings since 2021
2 hrs/week
No compensation reported
Former officers (26)
- Former: Chong-Yun Park (2020–2023) — Director
- Former: Gene Yoon (2020–2023) — Director
- Former: Hae-Young Kim (2020–2023) — Director
- Former: Ji Hoon Hong (2020–2023) — Director
- Former: Philip D. Sherman (2020–2023) — Director
- Former: Tae-Bong Yoon (2020–2023) — Director
- Former: Yong Sohn (2020–2023) — Director
- Former: Byeong Chan Bai (2021–2023) — Director
- Former: Henry Do (2021–2023) — Director
- Former: Thomas C. Hubbard (2021–2023) — Director
- Former: Jiyoung Suh (2022–2023) — Senior Director of Development
- Former: General Walter Sharp (2020–2022) — Director
- Former: Young Ht Cho (2020–2022) — Director
- Former: Sangjun Lee (2021–2022) — Director
- Former: Christopher R. Hill (2020–2021) — Director
- Former: Stephen Noerper (2020–2021) — Senior Director of Policy
- Former: Amb Thomas C. Hubbard (2020) — Director
- Former: Jung Ho Shin (2020) — Former Director
- Former: Kwang Soo Kim (2020) — Director
- Former: Mark Gaston (2020) — Director
- Former: Sang H. Pak (2020) — Director
- Former: Seokmin Chang (2020) — Director
- Former: Soekmin Change (2020) — Former Director
- Former: Stan Gale (2020) — Director
- Former: Young Hoon Eom (2020) — Director
- Former: Young Yang Chung (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $303K, to Thomas J Byrne (President and CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Korea Society
How large is The Korea Society?
The Korea Society reported $29.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.6M.
What is The Korea Society?
The Korea Society is a public charity focused on International, Foreign Affairs & National Security, based in New York, NY. It holds $29.3M in total assets as of 2024.
Where does The Korea Society operate?
The Korea Society has awarded grants in District of Columbia, Pennsylvania.
What is The Korea Society's EIN?
The Korea Society's EIN (Employer Identification Number) is 52-1714111. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 6, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 19, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
- IRS filings on file for fiscal years 2020–2024
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