Turbo Charitable Foundation
To provide financial aid to children who are experiencing economic challenges during their academic development. To support new generation and to contribute to the society and development of leadership
Turbo Charitable Foundation at a glance
In short: Turbo Charitable Foundation gave $80K across 5 grants in 2025 (avg $16K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $80,000
- +33.3% vs 2024
- Grants made (2025)
- 5
- +25.0% vs 2024
- Average grant
- $16,000
- +6.7% vs 2024
- Median grant
- $15,000
- Total assets
- $2,482,688
- +22.8% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Turbo Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Kheir ($25K). Together the top 5 received $80K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How Turbo Charitable Foundation gives
- Giving grew 60% from 2022 to 2025. 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 2025, annual grant giving ranged from $3K (2020) to $94K (2023). In 2025 it made 5 grants totaling $80K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kheir Los Angeles, CA | For Needed Family | $25,000 |
| Korean American Family Services Inc Los Angeles, CA | For Needed Family | $20,000 |
| Asian Americans Advancing Justice Los Angeles, CA | For Needed Family | $15,000 |
| Koreatown Senior and Community Cent Los Angeles, CA | For Needed Family | $10,000 |
| MLK Community Healh Foundation Los Angeles, CA | Medical Service | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,482,688 | $448,940 | $182,321 | $80,000 | 5 | $86,940 |
| 2024 | $2,021,535 | $390,619 | $137,385 | $60,000 | 4 | $81,919 |
| 2023 | $1,768,301 | $408,327 | $160,309 | $93,500 | 8 | $57,902 |
| 2022 | $1,520,283 | $275,922 | $107,679 | $50,000 | 3 | $-12,803 |
| 2021 | $1,352,040 | $264,360 | $71,801 | $27,000 | 2 | $19,860 |
| 2020 | $1,159,481 | $166,292 | $5,646 | $3,000 | Total only | $10,292 |
| 2019 | $998,835 | $297,617 | $60,635 | — | — | $5,387 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Turbo Charitable Foundation
Based on IRS filings
Turbo Charitable Foundation is a public charity focused on Education, based in Rolling Hills, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 5 grants totaling $80K. Net investment income was $87K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Turbo Charitable Foundation is led by Young S. Kim, President An on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Young S. Kim
President An
On filings since 2019
No compensation reported
Joon Ho Choi
Director
On filings since 2019
No compensation reported
Ki June Kwon
Director
On filings since 2019
No compensation reported
Brian S. Kim
Treasurer An
On filings since 2019
No compensation reported
Shinyong Kim
Secretary An
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Turbo Charitable Foundation
How much does Turbo Charitable Foundation give each year?
Turbo Charitable Foundation gave $80K across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $60K across 4 grants.
What is Turbo Charitable Foundation's typical grant size?
Turbo Charitable Foundation's median grant in 2025 was $15,000, and its average grant was $16,000, across 5 grants on its 2025 IRS Form 990.
Where does Turbo Charitable Foundation give grants?
Turbo Charitable Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Los Angeles, CA (5 grants).
Does Turbo Charitable Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Turbo Charitable Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "For Needed Family" (4 grants).
Who are Turbo Charitable Foundation's largest grantees?
Turbo Charitable Foundation's largest 2025 grantees include Kheir ($25,000), Korean American Family Services Inc ($20,000) and Asian Americans Advancing Justice ($15,000), according to its 2025 IRS Form 990. Together they received 75% of its itemized 2025 grant dollars.
How large is Turbo Charitable Foundation?
Turbo Charitable Foundation reported $2.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $449K.
What is Turbo Charitable Foundation?
Turbo Charitable Foundation is a public charity focused on Education, based in Rolling Hills, CA. It holds $2.5M in total assets as of 2025.
What is Turbo Charitable Foundation's EIN?
Turbo Charitable Foundation's EIN (Employer Identification Number) is 45-2678881. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 28, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 29, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS June 9, 2021)
Live grants for the work Turbo Charitable Foundation funds
Education Open opportunities, soonest deadline first.
- Creative Impact Grants $500 - $2,500 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Turbo Charitable Foundation's focus areas in our free grants database
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