Yt Hwang Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPINE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 16 grants totaling $246K. Net investment income was $374K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
+2.5% YoY
Annual Giving
$246K
-5.1% YoY
Grant Count
16
-15.8% YoY
Avg Grant Size
$15K
+12.8% YoY
Under IRS private-foundation payout rules, Yt Hwang Family Foundation Inc reported a distributable amount of $271K for 2024 — the minimum it must pay out in qualifying distributions.
About Yt Hwang Family Foundation Inc
Based on IRS filings
Yt Hwang Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPINE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 16 grants totaling $246K. Net investment income was $374K.
Focus Areas
Ready to take the next step with Yt Hwang Family Foundation Inc?
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 | $5,043,099 | $4,918,995 | $4,963,191 |
| Revenue | $409,090 | $252,237 | $213,617 |
| Expenses | $284,986 | $296,433 | $315,289 |
| Qualifying Distributions | $250,069 | $264,426 | $280,854 |
| Net Investment Income | $374,173 | $220,230 | $179,182 |
| Distributable Amount | $270,875 | $254,556 | $263,813 |
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 Hufs Foundation of Southern Califor ($50,000), The Korea Society ($46,200), Maryknoll Fathers and Brothers ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOLY NAME MEDICAL CENTER FOUNDATION TEANECK, NJ | CHARITABLE | $10,000 |
| MARYKNOLL FATHERS AND BROTHERS MARYKNOLL, NY | CHARITABLE | $15,000 |
| MINKWON CENTER FLUSHING, NY | CHARITABLE | $10,000 |
| FAMILY TOUCH INC LITTLE FERRY, NJ | CHARITABLE | $10,000 |
| KAFSC FLUSHING, NY | CHARITABLE | $10,000 |
| THE KOREA SOCIETY NEW YORK, NY | CHARITABLE | $46,200 |
| ENGLEWOOD HEALTH FOUNDATION ENGLEWOOD, NJ | CHARITABLE | $10,000 |
| CITY HARVEST NEW YORK, NY | CHARITABLE | $15,000 |
| BERGEN VOLUNTEER MEDICAL INITIATIVE HACKENSACK, NJ | CHARITABLE | $10,000 |
| KOREAN AMERICAN YOUTH FOUNDATION QUEENS, NY | CHARITABLE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YONG TAE HWANG | PRESIDENT | 5 | — |
| MI EUN HWANG | TREASURER | 1 | — |
| HEE K YANG | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Yt Hwang Family Foundation Inc?
Yt Hwang Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPINE, NJ. It holds $5.0M in total assets as of 2024.
How large is Yt Hwang Family Foundation Inc?
As of 2024, Yt Hwang Family Foundation Inc holds $5.0M in total assets with $409K in annual revenue. It awarded 16 grants totaling $246K in 2024.
Where does Yt Hwang Family Foundation Inc operate?
Yt Hwang Family Foundation Inc has awarded grants in California, District of Columbia, New Jersey, New York, Texas.
What size grants does Yt Hwang Family Foundation Inc award?
In 2024, Yt Hwang Family Foundation Inc awarded 16 grants totaling $246K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Yt Hwang Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Yt Hwang Family Foundation Inc reported a distributable amount of $271K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Yt Hwang Family Foundation Inc's EIN?
Yt Hwang Family Foundation Inc's EIN (Employer Identification Number) is 47-5639220. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Yt Hwang Family Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
The William & Phyllis Mack Family
FORT LEE, NJ
Assets
$5.9M
Grants
53
Total Given
$3.2M
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Yt Hwang Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Yt Hwang Family Foundation Inc to a real strategy.