KACF: Community Grant
Funding Amount
Up to US $100,000
Deadline
Rolling / Open
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Required status
- 501(c)(3) tax-exempt status
- KACF will only consider organizations that:are a registered 501(c)3 nonprofit organization or have a fiscal sponsor that is 501(c)3;
Other requirements
- have an operational history of at least 6 months;
- have an established and working Board of Directors; and
- have filed IRS Form 990 and/or audited financials.
Not eligible / not funded
- Not eligible: Individuals
- Not eligible: capital fund projects;
- Not eligible: endowments;
- Not eligible: fundraising events;
- Not eligible: feasibility studies;
- Not eligible: real estate purchases;
- Not eligible: public or private schools, colleges or universities;
- Not eligible: Political causes or campaigns to elect candidates to public office
- Not eligible: programs that do not comply with federal, state, or local equal employment statutes.
Overview
The Korean American Community Foundation (KACF) offers a community grant to support programs enhancing the economic security of low-income Korean Americans. This multi-year grant provides up to $100,000 annually for organizations focused on education, employment, and financial stability. KACF prioritizes partnerships that address the unique challenges faced by Korean Americans, fostering a culture of giving and community engagement to empower individuals and transform lives.
In December of 2002, the Foundation was incorporated as a 501(c)3 nonprofit organization, and in 2003, we awarded our first grants totaling $60,000 to five nonprofit organizations.
As of today, KACF has given more than $14 million in grants and capacity-building support to community-based organizations working to empower individuals, strengthen families and transform communities impacted by poverty
Grants
KACF invests in programs that strengthen the economic security of low-income Korean Americans.
Community Grants
KACF invests in programs that strengthen the economic security of low-income Korean Americans.
Funding
This is a multi-year grant for 3 years with the maximum annual grant amount of $100,000. General operating grants are only available to organizations with a budget of $3 million or less.
Eligibility
KACF will only consider organizations that:are a registered 501(c)3 nonprofit organization or have a fiscal sponsor that is 501(c)3;
have an established and working Board of Directors; and
have filed IRS Form 990 and/or audited financials.
Ineligibility
public or private schools, colleges or universities;
Political causes or campaigns to elect candidates to public office
programs that do not comply with federal, state, or local equal employment statutes.
What Korean-American Community Foundation Inc actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 43
- Total given
- $4.63M
- Median grant
- $88K
- Range
- $5,500–$226K
- By dollars: New York 46%, California 19%, New Jersey 10%. Top recipient cities: Los Angeles, CA; Flushing, NY; New York, NY.
- 0% of grants with a stated purpose were for general or operating support.
- 67% of recipients were new grantees, not repeat recipients.
Example grants
Asian American Federation · NY, NY
Enhance Voter Education GSNC
$226K
FCCGW 1952 Gallows · Vienna, VA
Prof. Counseling Services GSNC
$226K
Korean Amer Family Service Center · Flushing, NY
Support for Dom. Viol. Victims GSNC
$226K
YWCA of Queens · Flushing, NY
Competent Case Management Svcs
$225K
Community Resource Exchange · NY, NY
Support Fellows CRE Supervision
$221K
Focus Areas & Funding Uses
Fields of Work
- Nonprofits
- Minorities
- Economic services
- Education
Categories
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