The Steve Y Kim Foundation
The Steve Y Kim Foundation is a private foundation located in Los Angeles, California. It makes contributions to charitable organizations selected in advance; its 2025 filing says it does not accept unsolicited requests for funds.
The Steve Y Kim Foundation at a glance
In short: The Steve Y Kim Foundation gave $586K across 2 grants in 2025 (avg $293K), top state California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $586,000
- -20.8% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $293,000
- -20.8% vs 2024
- Median grant
- $293,000
- Total assets
- $20,830,752
- -3.7% vs 2024
- Primary geography
- California (1% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Steve Y Kim Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. No application process or materials are specified.
- Contact
Mailing address: Steve Kim, 3530 Wilshire Blvd 360, Los Angeles, CA 90010
Phone: (213) 738-8608
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Steve Y Kim Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Dream Hope Future Foundation ($580K). Together the top 2 received $586K.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 45 grants of 57 (79%).
Geographic Focus
Where this funder awards grants
The 2025 filing lists 1% of grant dollars for California and 99% for an unspecified recipient state. One listed 2025 grant went to Happy Village in Los Angeles, California.
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How The Steve Y Kim Foundation gives
- Giving fell 65% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $586K (2025) to $2.6M (2020). In 2025 it made 2 grants totaling $586K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dream Hope Future Foundation | Sponsorship | $580,000 |
| Happy Village Los Angeles, CA | Donation | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $20,830,752 | $58,594 | $590,219 | $586,000 | 2 | $586,000 | $54,375 | — |
| 2024 | $21,630,261 | $213,828 | $801,052 | $740,000 | 2 | $740,000 | $152,641 | — |
| 2023 | $22,178,321 | $9,003,742 | $1,872,469 | $1,169,059 | 19 | $1,169,059 | $1,577,904 | — |
| 2022 | $28,063,230 | $1,845,359 | $2,058,360 | $1,677,059 | 21 | $1,748,953 | $1,475,548 | — |
| 2021 | $23,112,562 | $1,166,385 | $1,295,202 | $973,070 | 13 | $1,114,489 | $1,024,966 | — |
| 2020 | $20,443,861 | $2,864,291 | $2,979,006 | $2,636,341 | 19 | — | $2,737,978 | $986,465 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Among its 2025 grantees, Happy Village describes its mission as promoting awareness of issues facing new Korean immigrants to the United States, helping Korean immigrants assimilate into American society, and fostering a socially responsive environment among minority groups. The other 2025 grantee listed, Dream Hope Future Foundation, received a sponsorship grant; no mission information is provided for that organization.
Grantmaking
In 2025, the foundation reported two grants totaling $586,000. Awards ranged from $6,000 to $580,000, with a median of $293,000. Dream Hope Future Foundation received $580,000 for sponsorship, and Happy Village received $6,000 as a donation. In 2024, the foundation reported two grants totaling $740,000. In 2023, it reported 19 grants totaling $1,169,059. Its 2025 filing, the latest on this page, reports 2 grants totaling $586,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Steve Y Kim as president and Hwa Seel Lee as secretary.
The Steve Y Kim Foundation is led by Steve Y. Kim, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Steve Y. Kim
President
On filings since 2020
12 hrs/week
$180K (2020) → $0 (2025)
Hwa Seel Lee
Secretary
On filings since 2020
8 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $15K, to Steve Y Kim (President).
Frequently asked questions about The Steve Y Kim Foundation
How much does The Steve Y Kim Foundation give each year?
The Steve Y Kim Foundation gave $586K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $740K across 2 grants.
How large is The Steve Y Kim Foundation?
The Steve Y Kim Foundation reported $20.8M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $59K.
What does The Steve Y Kim Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from The Steve Y Kim Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does The Steve Y Kim Foundation make grants?
The 2025 filing lists 1% of grant dollars for California and 99% for an unspecified recipient state. One listed 2025 grant went to Happy Village in Los Angeles, California.
What is The Steve Y Kim Foundation's EIN?
The Steve Y Kim Foundation's EIN (Employer Identification Number) is 95-4748701. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Steve Y Kim Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Steve Y Kim Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Steve Y Kim Foundation's focus areas in our free grants database
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Figures come from The Steve Y Kim Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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