Youngbum Song Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUN VALLEY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.2M in total assets. In 2024, it awarded 18 grants totaling $360K. Net investment income was $160K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.2M
+15.3% YoY
Annual Giving
$360K
-5.3% YoY
Grant Count
18
-10.0% YoY
Avg Grant Size
$20K
+5.3% YoY
Under IRS private-foundation payout rules, Youngbum Song Foundation reported a distributable amount of $376K for 2024 — the minimum it must pay out in qualifying distributions.
About Youngbum Song Foundation
Based on IRS filings
Youngbum Song Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUN VALLEY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.2M in total assets. In 2024, it awarded 18 grants totaling $360K. Net investment income was $160K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,205,973 | $7,114,599 | $5,945,682 |
| Revenue | $811,639 | $820,857 | $508,135 |
| Expenses | $364,195 | $408,165 | $201,800 |
| Qualifying Distributions | $360,000 | $380,000 | $200,000 |
| Net Investment Income | $160,427 | $106,714 | $127,282 |
| Distributable Amount | $376,417 | $317,524 | $291,175 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Korean American Scholarship Foundat ($40,000), Korean American Coalition ($30,000), Ucla Center for Korean Studies ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KOREAN AMERICAN COALITION LOS ANGELES, CA | CHARITABLE PURPOSES | $30,000 |
| KOREAN RESOURCE CENTER LOS ANGELES, CA | CHARITABLE PURPOSES | $20,000 |
| KOREAN AMERICAN SCHOLARSHIP FOUNDAT PASADENA, CA | CHARITABLE PURPOSES | $40,000 |
| KOREAN AMERICAN WOMENS ASSOCIATION LOS ANGELES, CA | CHARITABLE PURPOSES | $20,000 |
| UCLA CENTER FOR KOREAN STUDIES LOS ANGELES, CA | CHARITABLE PURPOSES | $30,000 |
| USC KOREAN STUDIES INSTITUTE LOS ANGELES, CA | CHARITABLE PURPOSES | $30,000 |
| UCI CENTER FOR CRITICAL KOREAN IRVINE, CA | CHARITABLE PURPOSES | $30,000 |
| MISSION TO PROMOTE ADOPTION OF KIDS CARSON, CA | CHARITABLE PURPOSE | $10,000 |
| KOREAN AMERICAN SPECIAL EDUCATION ANAHEIM, CA | CHARITABLE PURPOSE | $20,000 |
| KOREATOWN YOUTH AND COMMUNITY LOS ANGELES, CA | CHARITABLE PURPOSE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YOUNG B SONG | PRESIDENT | — | — |
| JULIE K SONG | SECRETARY | 1 | — |
| GRACE SONG | CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Youngbum Song Foundation?
Youngbum Song Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUN VALLEY, CA. It holds $8.2M in total assets as of 2024.
How large is Youngbum Song Foundation?
As of 2024, Youngbum Song Foundation holds $8.2M in total assets with $812K in annual revenue. It awarded 18 grants totaling $360K in 2024.
Where does Youngbum Song Foundation operate?
Youngbum Song Foundation has awarded grants in California, Minnesota.
What size grants does Youngbum Song Foundation award?
In 2024, Youngbum Song Foundation awarded 18 grants totaling $360K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Youngbum Song Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Youngbum Song Foundation reported a distributable amount of $376K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Youngbum Song Foundation's EIN?
Youngbum Song Foundation's EIN (Employer Identification Number) is 81-0791933. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Youngbum Song 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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