Yt Hwang Family Foundation Inc

Private foundation · Grantmaker Alpine, NJ EIN: 47-5639220

Yt Hwang Family Foundation Inc is a private foundation based in Alpine, New Jersey. In its 2025 filing, it reported 16 grants totaling $281,500 to charitable organizations.

Yt Hwang Family Foundation Inc at a glance

In short: Yt Hwang Family Foundation Inc gave $282K across 16 grants in 2025 (avg $18K), mostly in New York. 6% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$281,500
+14.3% vs 2024
Grants made (2025)
16
+0.0% vs 2024
Average grant
$17,594
+14.3% vs 2024
Median grant
$10,000
Total assets
$5,237,287
+3.9% vs 2024
New grantees (estimate)
6% first-time grantees (1 of 16, 2025; small sample)
Primary geography
New York (57% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Yt Hwang Family Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.

Contact

Mailing address: 20 Audrey Urban Ct, Alpine, NJ 07620
Phone: (201) 921-2639

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Yt Hwang Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Korea Society: $80KThe Korea Society$80KHufs Foundation of Southern Califor: $50KHufs Foundation of SouthernCalifor$50KCity Harvest: $17KCity Harvest$17KMaryknoll Fathers and Brothers: $15KMaryknoll Fathers and Brothers$15KBella Music Foundation Inc: $10KBella Music Foundation Inc$10KBergen Volunteer Medical Initiative: $10KBergen Volunteer MedicalInitiative$10KEnglewood Health Foundation: $10KEnglewood Health Foundation$10KFamily Touch Inc: $10KFamily Touch Inc$10KHoly Name Medical Center Foundation: $10KHoly Name Medical CenterFoundation$10KKafsc: $10KKafsc$10K

The largest 2025 recipient was The Korea Society ($80K). Together the top 10 received $222K.

Grant Size Distribution

87 grants across all recorded years

82<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 82 grants of 87 (94%).

Geographic Focus

Where this funder awards grants

The 2025 grant dollars went to recipients in New York (57%), New Jersey (21%), California (18%), and Texas (4%).

Grant Distribution by State

6states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

New YorkFlushingEnglewoodHackensackLittle FerryMaryknollTeaneckQueensWashingtonWestlakeEnglewood CliffsLos AngelesFort LeeFranklin LakesMahwahPhiladelphiaSan Diego

Is Yt Hwang Family Foundation Inc open to new grantees?

6%

first-time grantees, 2025

In 2025, 1 of 16 grantees (6%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $10K; repeat grants $18K. How we count

Medians: $10K first-time, $10K repeat.

  • 88% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+3%). Method
  • In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K17 grants2019 11 grants2020 18 grants2021 18 grants2022 19 grants2023 16 grants2024 16 grants2025

From 2019 to 2025, annual grant giving ranged from $240K (2019) to $282K (2025). In 2025 it made 16 grants totaling $282K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Korea Society New York, NYCharitable$80,000
Hufs Foundation of Southern Califor Los Angeles, CACharitable$50,000
City Harvest New York, NYCharitable$16,500
Maryknoll Fathers and Brothers Maryknoll, NYCharitable$15,000
Bella Music Foundation Inc Fort Lee, NJCharitable$10,000
Bergen Volunteer Medical Initiative Hackensack, NJCharitable$10,000
Englewood Health Foundation Englewood, NJCharitable$10,000
Family Touch Inc Little Ferry, NJCharitable$10,000
Holy Name Medical Center Foundation Teaneck, NJCharitable$10,000
Kafsc Flushing, NYCharitable$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$5,237,287$538,963$356,484$281,50016$295,519$499,945$284,203
2024$5,043,099$409,090$284,986$246,20016$250,069$374,173$270,875
2023$4,918,995$252,237$296,433$259,30019$264,426$220,230$254,556
2022$4,963,191$213,617$315,289$274,50018$280,854$179,182$263,813
2021$5,064,863$352,800$306,136$267,50018$270,523$317,187$289,579
2020$5,018,199$289,698$286,971$255,00011—$258,291$257,086
2019$5,015,472$201,659$273,841$240,00017—$169,775$255,612

Under IRS private-foundation payout rules, Yt Hwang Family Foundation Inc reported a distributable amount of $284K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No foundation mission statement is provided. Its 2025 grants included support for organizations working in areas such as healthcare, family education and counseling, youth development, and dance. For example, Family Touch Inc describes its mission as building socially and emotionally strong families through education and counseling; Bergen Volunteer Medical Initiative says it provides free healthcare to working uninsured people in Bergen County; and Youth America Grand Prix says it supports dancers ages 9–19 through scholarships, performance, and education opportunities. These are the grantees’ descriptions of their own missions.

Grantmaking

In 2025, the foundation made 16 grants totaling $281,500. Grant amounts ranged from $10,000 to $80,000, with a median of $10,000. The largest grants listed were $80,000 to The Korea Society in New York and $50,000 to HUFS Foundation of Southern California in Los Angeles. Other notable grants included $16,500 to City Harvest and $15,000 to Maryknoll Fathers and Brothers, both in New York.

Other 2025 grants of $10,000 each went to Bella Music Foundation, Bergen Volunteer Medical Initiative, Englewood Health Foundation, Family Touch Inc, Holy Name Medical Center Foundation, KAFSC, KAYAC, and KJ Choi Foundation. Youth America Grand Prix also received $10,000 in 2025.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Yong Tae Hwang as president, Mi Eun Hwang as treasurer, and Hee K Yang as director.

Yt Hwang Family Foundation Inc is led by Yong Tae Hwang, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Yong Tae Hwang

    President

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Hee K. Yang

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mi Eun Hwang

    Treasurer

    On filings since 2019

    1 hr/week

    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 Yt Hwang Family Foundation Inc

How much does Yt Hwang Family Foundation Inc give each year?

Yt Hwang Family Foundation Inc gave $282K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $246K across 16 grants.

What is Yt Hwang Family Foundation Inc's typical grant size?

Yt Hwang Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $17,594, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Yt Hwang Family Foundation Inc that year got $10K on average.

Where does Yt Hwang Family Foundation Inc give grants?

Yt Hwang Family Foundation Inc gives mostly in New York: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (21%) and California (18%). The most frequent recipient cities were New York, NY (4 grants) and Flushing, NY (2 grants).

Does Yt Hwang Family Foundation Inc give general operating support?

Not in 2025: none of the 16 grants with a stated purpose on Yt Hwang Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (16 grants).

Who are Yt Hwang Family Foundation Inc's largest grantees?

Yt Hwang Family Foundation Inc's largest 2025 grantees include The Korea Society ($80,000), Hufs Foundation of Southern Califor ($50,000) and City Harvest ($16,500), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.

How large is Yt Hwang Family Foundation Inc?

Yt Hwang Family Foundation Inc reported $5.2M in total assets on its 2025 IRS Form 990-PF. It paid out $296K in qualifying distributions that year, against a required minimum of $284K (roughly 5% of its investment assets).

What does Yt Hwang Family Foundation Inc fund?

No foundation mission statement is provided. Its 2025 grants included support for organizations working in areas such as healthcare, family education and counseling, youth development, and dance. See mission & focus areas ↑

How do I apply for a grant from Yt Hwang Family Foundation Inc?

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2025.

Does Yt Hwang Family Foundation Inc 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 September 2026.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 8, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Yt Hwang Family Foundation Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/yt-hwang-family-foundation-inc-morg_961d54a947b34897afa4321edcd5f357

BibTeX
@misc{grantable_475639220_2026,
  author       = {{Grantable}},
  title        = {{Yt Hwang Family Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/yt-hwang-family-foundation-inc-morg_961d54a947b34897afa4321edcd5f357},
  note         = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Yt Hwang Family Foundation Inc'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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