named programs · 2 · from sources
What they call their work
Capacity Building Assistance
Offers strategic and operational support to grantee organizations to strengthen organizational sustainability and effectiveness.
Community Grants Program
Provides financial support to nonprofits serving Korean American and AAPI communities, focusing on economic insecurity, mental health, domestic violence, and civic engagement.
activities · 7 groups
What they do
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Charitable Grantmaking to Specific Causes 2 activities
- Funding emergency community responses through dedicated grant fundsProvides targeted funding through special grant mechanisms such as the KACF COVID-19 Community Action Fund, which supported telemedicine and hotline services in Korean.
- Funding nonprofit organizations serving Korean American communitiesAwards grants to nonprofit organizations addressing pressing needs in the Korean American community, with a focus on economic security. Since 2003, has awarded $20 million in cumulative grants to over 85 nonprofit organizations and more than 380 initiatives, including multi-year grants of up to $100,000 annually for general operating or program-specific support.
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Flexible Grants to Grassroots Organizations 1 activity
- Funding research on poverty and philanthropy in Korean and Asian American communitiesSupports and funds research initiatives on poverty impacts among Korean and Asian Americans at regional and national levels, as well as research on the nonprofit and philanthropic landscape serving Korean- and Asian American-led organizations.
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Caregiver Support for Dementia and Aging 1 activity
- Incubating Aging Care Together initiativeDirectly incubates Aging Care Together, an initiative designed to strengthen support systems for Korean American family caregivers of parents with dementia.
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Leadership Development Programs 1 activity
- Operating fellowship programs for nonprofit leadership developmentRuns multiple fellowship programs to strengthen nonprofit leadership and organizational capacity, including the Chi Family Fellowship—a 3-month paid summer program for undergraduates and recent graduates—and a one-year paid Capacity Building Fellowship that includes 8-month externships with two KACF grantee partners. Fellows are placed to lead strategic growth projects and support on-site capacity-building efforts in New York or New Jersey.
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Fundraising for Community and Charitable Initiatives 1 activity
- Operating the 365 Pledge Program for individual givingManages the 365 Pledge Program, a giving initiative that collects $1 per day from individuals to support community nonprofits.
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Industry and Community Recognition Awards 1 activity
- Organizing community events to promote philanthropy and awarenessHosts annual community-building events such as the Giving Summit, which convenes leaders in philanthropy and social impact, includes a Women’s Breakfast event, and celebrates philanthropy, volunteering, and social enterprise within the Korean American community. Also organizes an Annual 5K Run to raise awareness about economic security and support the Foundation's mission.
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Nonprofit Capacity Building Services 1 activity
- Providing capacity building services to grantee partnersDelivers comprehensive capacity building assistance to nonprofit grantee partners, including over $1.2 million in management consulting services since 2014. Offers tailored 1:1 consulting through bilingual and bicultural consultants, free skills-building workshops via the Community Learning Series, and leadership development trainings through the NYC Capacity Building Collaborative.
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financials · form 990 · fy2024
revenue
Total revenue$8.47M
Contributions & grants$8.23M97%
Program service revenue$00%
Investment income$404K5%
Other revenue$-167K
expenses
Total expenses$6.34M
Program expenses84%
Admin / overhead8%
Fundraising8%
Salaries & benefits$1.26M
Grants paid out$4.49M
Largest expense lineCompensation
balance sheet
Total assets$10.35M
Cash$8.05M
Investments$1.50M
Liabilities$4.57M
Net assets$5.78M
Liquid reserves18.1 mo
3 years on record · 2020–2024 · YoY revenue +211.0%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| KYUNG B YOON | PRESIDENT CEO | 40 | $272K |
| BRENNAN GANG VICE PRESIDENT | OF PROGRAMS OPERATIONS | 40 | $219K |
board members · 19
- CATHY OH — DIRECTOR
- CHRIS PARK — DIRECTOR
- CHUL PAK - RESIGNED ON JUNE 2024 — DIRECTOR
- DAVID H LEE — TREASURER
- DAVID K PARK — SECRETARY
- EDWARD J LEE — DIRECTOR
- JAMES SEO — DIRECTOR
- JEANNIE PARK — CHAIR
- JOSEPHINE SHIN — DIRECTOR
- JUDY KIM — DIRECTOR
- JUMEE SONG — DIRECTOR
- LISA KIM — DIRECTOR
- MICHAEL K CHUNG — DIRECTOR
- MICHAEL PARK — DIRECTOR
- PHIL LEE — DIRECTOR
- PRISCA BAE - RESIGNED ON JUNE 2024 — DIRECTOR
- RICHARD PARK — DIRECTOR
- S STEVEN YANG — DIRECTOR
- SUE KIM — DIRECTOR
relationships · 49
Who they work with
- AALDEF Partner — Grantee partner protecting and promoting civil rights of Asian Americans through litigation, advocacy, education, and organizing
- AAPI New Jersey Partner — Grantee partner championing the well-being, rights, representation, and cultures of Asian Americans, Native Hawaiians, and Pacific Islanders in New Jersey
- Asian American Federation Partner — Partnered on a panel discussing the impact of COVID-19 and anti-Asian racism with community leaders.
- Being Built Together Partner — Grantee partner supporting individuals with developmental disabilities
- Brennan Gang Partner — Staff contact for the Community Grants Committee.
- Community Grants Committee Partner — Community volunteer group trained to evaluate grant proposals, conduct site visits, and recommend funding through KACF’s participatory grantmaking model.
- Community Resource Exchange Partner — Provides training resources and consulting expertise to KACF fellows; fellows are housed under CRE and have access to its network and past engagements.
- Community Resource Exchange (CRE) Partner — Grantee partner providing consulting services to nonprofits, foundations, and government agencies to build sustainable, high-performing organizations
- Conscious Step Partner — Cathy Oh sits on the advisory board for this organization
- Facebook Network — Shares organizational content on Facebook to raise awareness.
- Futures and Options Partner — Jay Park serves as co-chair of the junior board at Futures and Options, a nonprofit advancing professional development for NYC students.
- Give Chances Partner — Grantee partner providing education and job training to underprivileged individuals, particularly Korean American youth
- Hamkae Center Partner — Grantee partner organizing Asian Americans in Virginia for social, racial, and economic justice and establishing a statewide coalition for better language access
- Hanul Family Alliance Partner — Grantee partner providing comprehensive community-based services for older adults, immigrants, and low-income families in the Korean-American community
- Home on the Green Pastures Partner — Grantee partner providing healing services for women and children affected by domestic violence
- Instagram Network — Shares organizational content on Instagram to raise awareness.
- KACF San Francisco Partner — Collaborates on a unified grantmaking cycle for the 2026 Community Grants program.
- KACF grantee partner Partner — Fellows are matched with KACF grantee partners to work on organizational development projects.
- KACF-SF Network — Joshua Han previously volunteered with KACF-SF, indicating a network connection between the Foundation and its San Francisco affiliate.
- KAN-WIN Partner — Grantee partner eradicating gender-based violence through survivor-centered services, education, and outreach in Asian American communities
- KFAM Partner — Grantee partner empowering underserved Korean American and Asian Pacific Islander families through culturally responsive programs
- KIWA Partner — Grantee partner building power among immigrant workers and residents in Koreatown and beyond
- Karsh Center Partner — Grantee partner delivering social services to underserved populations through direct service and collaboration
- Korea Finance Society Partner — Co-hosted the fourth and final event of the “In the Frontline” series on COVID-19 recovery.
- Korean American Community Foundation of San Francisco (KACF-SF) Partner — Formal affiliate since 2014; collaborating on shared mission and planning to merge into a unified national organization in 2026.
- Korean American Foundation (KAF) Network — Mission-aligned organization based in Los Angeles that raises and stewards charitable funds for Korean American communities in Southern California.
- Korean American Seniors Association of OC (KASA) Partner — Grantee partner delivering culturally tailored programs and case management for Korean American seniors
- Korean Community Center (KCC) Partner — Grantee partner promoting healthy and independent living for people of Korean heritage through culture, education, health and social services, and civic advocacy
- Korean Community Service Center Partner — Grantee partner helping Korean immigrants and the broader Asian community overcome economic, health, and linguistic barriers to full integration and independence
- Korean Community Services of Metropolitan New York Partner — Collaborated on discussions about the health and economic impact of COVID-19 in the Korean American community.
+ 19 more
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Culturally-Tailored Capacity Building for Nonprofit Effectivenessmethodology: culturally_and_linguistically_competent_supportBy delivering bilingual, bicultural leadership development and stage-based support, the foundation strengthens Korean American nonprofits more effectively because culturally and linguistically competent interventions increase relevance, adoption, and sustainability.
- Evidence-Based Investment and Advocacymethodology: evidence_based_investmentBy using research on poverty and community needs to guide grantmaking and advocacy, the foundation increases the impact and equity of its investments because data-informed strategies target root causes and systemic gaps more effectively.
- Leadership Pipeline with Grantee Immersionmethodology: leadership_pipeline_with_grantee_immersionBy placing emerging leaders directly within grantee organizations to lead capacity-building projects, the foundation simultaneously builds individual leadership skills and strengthens nonprofit operations because immersive, applied experience produces deeper learning and organizational impact.
- Participatory Grantmaking for Community Empowermentmethodology: participatory_grantmakingBy involving community members in proposal review, site visits, and funding recommendations, the foundation increases community ownership and trust in philanthropy, leading to more responsive and equitable grant decisions because lived experience improves decision-making.