William & Margaret Kang Foundation
William & Margaret Kang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNNWOOD, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 18 grants totaling $53K. Net investment income was $258.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$764K
+9.0% YoY
Annual Giving
$53K
-3.0% YoY
Grant Count
18
+5.9% YoY
Avg Grant Size
$3K
-8.4% YoY
Under IRS private-foundation payout rules, William & Margaret Kang Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About William & Margaret Kang Foundation
Based on IRS filings
William & Margaret Kang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNNWOOD, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 18 grants totaling $53K. Net investment income was $258.
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 | $764,033 | $700,701 | $744,844 |
| Revenue | $127,392 | $19,321 | $36,241 |
| Expenses | $64,060 | $63,464 | $27,405 |
| Qualifying Distributions | $60,600 | $75,250 | $25,345 |
| Net Investment Income | $258 | $2,662 | $669 |
| Distributable Amount | $32,028 | $43,689 | $40,851 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Whitman College ($10,000), Saichul Kang ($10,000), Hyunsung Jung ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL GOOD LIVING FOUNDATION ALAMEDA, CA | DONATION | $1,000 |
| UNITED PRESBYTERIAN CHURCH OF SEATT EDMONDS, WA | DONATION | $400 |
| WE ARE FAMILY FOUNDATION NEW YORK, NY | DONATION | $3,000 |
| HYUNSUNG JUNG SALT LAKE CITY, UT | DONATION | $5,000 |
| WHITMAN COLLEGE WALLA WALLA, WA | DONATION | $10,000 |
| ALAMEDA FOOD BANK ALAMEDA, CA | DONATION | $500 |
| WING LUKE ART & HISTORY MUSEUM SEATTLE, WA | DONATION | $500 |
| ASIAN AMERICAN ARTS ALLIANCE NEW YORK, NY | DONATION | $500 |
| FOR THE MANY POUGHKEEPSIE, NY | DONATION | $2,500 |
| SAINT ANN'S SCHOOL BROOKLYN, NY | DONATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM KANG | OFFICER | — | — |
| MARGARET KANG | OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William & Margaret Kang Foundation?
William & Margaret Kang Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNNWOOD, WA. It holds $764K in total assets as of 2024.
How large is William & Margaret Kang Foundation?
As of 2024, William & Margaret Kang Foundation holds $764K in total assets with $127K in annual revenue. It awarded 18 grants totaling $53K in 2024.
Where does William & Margaret Kang Foundation operate?
William & Margaret Kang Foundation has awarded grants in Arizona, California, District of Columbia, New York, Ohio, Tennessee, Utah, Virginia, Washington.
What size grants does William & Margaret Kang Foundation award?
In 2024, William & Margaret Kang Foundation awarded 18 grants totaling $53K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is William & Margaret Kang Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Margaret Kang Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William & Margaret Kang Foundation's EIN?
William & Margaret Kang Foundation's EIN (Employer Identification Number) is 82-4304512. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in William & Margaret Kang Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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