The Korean American Scholarship Foundation

Helping One Student At A Time

Tysons Corner, VA | https://www.kasf.org/

GuideStar Charity Check

EIN: 23-7151484

Contributions tax deductible
as of September 2024

IRS BMF 509(a)(1)
as of September 09, 2024

View summary

Charity Check report

Mission

The Korean American Scholarship Foundation (KASF) is a non-profit, volunteer-managed organization established to help meet the financial needs of Korean-American students seeking higher education. Specifically, the foundation seeks to: 1. Assist Korean American students in pursuit of academic and personal achievement, 2. Encourage community and civic service as an integral part of leadership development, and 3. Nurture the sense of pride and confidence in Korean cultural heritage and tradition.

Ruling year info

1972

Chairman

Sang Kim

Main address

8300 Greensboro Dr. #L1-805

Tysons Corner, VA 22102 USA

Show more contact info

EIN

23-7151484

Subject area info

Education

Higher education

Population served info

People of East Asian descent

Academics

Economically disadvantaged people

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholarship Program

KASF scholarships (which range from $500 to $5,000) are offered to the qualified Korean American students (including foreign students from Korea). All applicants must be enrolled in a full time program in the U.S during the scholarship application year. If extra funds are available, other students (non Koreans) may qualify for scholarships. Specifically, descendants of American veterans served during the Korean War may qualify for scholarships (applicable to selective regions).

Population(s) Served

Students

Economically disadvantaged people

Where we work

Photos

Videos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollar amount of scholarship awarded

Totals By Year

Population(s) Served

Related Program

Scholarship Program

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Number of students who receive scholarship funds and/or tuition assistance

Totals By Year

Population(s) Served

Related Program

Scholarship Program

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Goal One - Establish leadership pipeline for scholarship recipients to return to the organization, represent at the local and national level, volunteer, and possibly even donate back to the organization.

Goal Two - Go beyond just awarding scholarships by establishing programs that engage and bring together scholarship recipients, alumni, and applicants (leadership, community service, professional and academic development)

Goal Three - To meet the goal of the "50 for 50" Campaign, recruiting 50 donors who will donate or pledge $50,000 or more; adding at least $2.5 million to our endowment fund that will provide solid foundation and enhance organizational capacity for KASF's future operations

What are the organization's key strategies for making this happen?

Leadership Development (Describe an investment in leadership):
Internships
Inviting former scholarship recipients/interns to join any of the National Committees and boards
Inviting former scholarship recipients/interns to join any of the regional chapters as volunteers
Inviting former scholarship recipients/interns to join the National Board meeting
Mentorship program
KASF Young Professionals group created to increase diverse board representation

The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
Strategic Partnerships
Networks of Collective Impact Efforts
Thought Leadership
Raising Awareness
Community Building
Policy Advocacy

Partnership with KIA America, search for partnerships with other major Korean and Korean American corporations, Chair Scholarships, scholarship donation by Case Western University

Recovering from COVID-19, 2nd National Board meeting since COVID-19, more membership/representation from regional chapters,
establishment of KASF Young Professionals to increase diverse representation on board
regional chapters have adapted their annual scaholarship banquets, some have returned to in-person scholarship banquets but others have stayed virtual depending on their each region’s situation
number of applications significantly decreased during the pandemic but with social media promotion and digital outreach, application numbers have bounced back and have increased to more than it was pre-COVID (scholarship will become more competitive)

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

The Korean American Scholarship Foundation

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

0.00

Average of 0.00 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

9.1

Average of 8.2 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

The Korean American Scholarship Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$231,707
Government Grants	$0
Program Services	$321,117
Investments	($27,433)
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$525,391

Expenses
Program Services	$422,718
Administration	$94,594
Fundraising	$117,797
Total Expenses	$635,109
Net Gain/Loss	($109,718)

Functional expenses
Accounting Fees	$1,800
Advertising & Promotion	$14,575
Information Technology Expenses	$0
Insurance Expenses	$210
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$194,694
Government Grants	$0
Program Services	$346,870
Investments	($108,009)
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$433,555

Expenses
Program Services	$322,672
Administration	$83,477
Fundraising	$117,278
Total Expenses	$523,427
Net Gain/Loss	($89,872)

Functional expenses
Accounting Fees	$12,500
Advertising & Promotion	$20,355
Information Technology Expenses	$0
Insurance Expenses	$1,315
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$258,203
Government Grants	$0
Program Services	$248,010
Investments	$82,301
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$588,514

Expenses
Program Services	$375,071
Administration	$91,989
Fundraising	$124,862
Total Expenses	$591,922
Net Gain/Loss	($3,408)

Functional expenses
Accounting Fees	$8,087
Advertising & Promotion	$9,165
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$218,530
Government Grants	$0
Program Services	$364,778
Investments	$206,603
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$789,911

Expenses
Program Services	$461,597
Administration	$82,455
Fundraising	$124,374
Total Expenses	$668,426
Net Gain/Loss	$121,485

Functional expenses
Accounting Fees	$6,585
Advertising & Promotion	$5,682
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$241,328
Government Grants	$0
Program Services	$304,602
Investments	$101,045
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$646,975

Expenses
Program Services	$426,934
Administration	$72,475
Fundraising	$107,800
Total Expenses	$607,209
Net Gain/Loss	$39,766

Functional expenses
Accounting Fees	$2,100
Advertising & Promotion	$5,750
Information Technology Expenses	$0
Insurance Expenses	$842
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$351,645
Government Grants	$0
Program Services	$363,275
Investments	$216,225
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$931,145

Expenses
Program Services	$550,675
Administration	$74,674
Fundraising	$145,651
Total Expenses	$771,000
Net Gain/Loss	$160,145

Functional expenses
Accounting Fees	$5,000
Advertising & Promotion	$12,737
Information Technology Expenses	$0
Insurance Expenses	$872
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$240,898
Government Grants	$0
Program Services	$511,128
Investments	$195,897
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$947,923

Expenses
Program Services	$741,420
Administration	$86,520
Fundraising	$166,074
Total Expenses	$994,014
Net Gain/Loss	($46,091)

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$5,910
Information Technology Expenses	$0
Insurance Expenses	$932
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$216,238
Government Grants	$0
Program Services	$404,210
Investments	$168,663
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$789,111

Expenses
Program Services	$722,195
Administration	$99,753
Fundraising	$129,969
Total Expenses	$951,917
Net Gain/Loss	($162,806)

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$6,905
Information Technology Expenses	$0
Insurance Expenses	$830
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$240,016
Government Grants	$0
Program Services	$310,023
Investments	$10,899
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$560,938

Expenses
Program Services	$527,225
Administration	$101,530
Fundraising	$142,260
Total Expenses	$771,015
Net Gain/Loss	($210,077)

Functional expenses
Accounting Fees	$3,000
Advertising & Promotion	$3,433
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$587,145
Government Grants	$0
Program Services	$104,168
Investments	$453,250
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,144,563

Expenses
Program Services	$471,579
Administration	$102,669
Fundraising	$112,577
Total Expenses	$686,825
Net Gain/Loss	$457,738

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$5,075
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$5,000
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$773,782
Government Grants	$0
Program Services	$0
Investments	$194,501
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$968,283

Expenses
Program Services	$454,169
Administration	$105,939
Fundraising	$130,669
Total Expenses	$690,777
Net Gain/Loss	$277,506

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$4,575
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$2,045
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,091,637
Government Grants	$0
Program Services	$0
Investments	$93,826
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,185,463

Expenses
Program Services	$531,500
Administration	$179,025
Fundraising	$117,611
Total Expenses	$828,136
Net Gain/Loss	$357,327

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$5,090
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$6,323
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$680,690
Government Grants	$0
Program Services	$0
Investments	$163,380
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$844,070

Expenses
Program Services	$582,000
Administration	$184,783
Fundraising	$16,190
Total Expenses	$782,973
Net Gain/Loss	$61,097

Functional expenses
Accounting Fees	$100,867
Advertising & Promotion	$2,215
Information Technology Expenses	$5,500
Insurance Expenses	$5,428
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$11,532
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$852,676
Government Grants	$0
Program Services	$0
Investments	$273,755
Special Events	$9,538
Sales	$0
Other	$0
Total Revenue	$1,135,969

Expenses
Program Services	$619,500
Administration	$132,734
Fundraising	$8,277
Total Expenses	$760,511
Net Gain/Loss	$375,458

Functional expenses
Accounting Fees	$6,823
Advertising & Promotion	$2,500
Information Technology Expenses	$8,829
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$123
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,181,262
Government Grants	$0
Program Services	$0
Investments	$184,655
Special Events	$12,473
Sales	$0
Other	$2,002
Total Revenue	$1,380,392

Expenses
Program Services	$773,000
Administration	$132,492
Fundraising	$48,431
Total Expenses	$953,923
Net Gain/Loss	$426,469

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$6,257
Information Technology Expenses	$8,394
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

The Korean American Scholarship Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$231,707
Cash & Equivalents	$200,341	$143,615	($56,726)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$3,707,331	$2,874,113	($833,218)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$40,863	$40,863
Other	$0	$500	$500
Total Assets	$3,907,672	$3,059,091	($848,581)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$0	$1,610	$1,610
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$1,610	$1,610

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$0	$18,200	$18,200
Permanently Restricted Net Assets	$2,905,000	$3,005,000	$100,000
Total Restricted Net Assets	$2,905,000	$3,023,200	$118,200
Unrestricted Net Assets	$1,002,672	$34,281	($968,391)
Net Assets	$3,907,672	$3,057,481	($850,191)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$194,694
Cash & Equivalents	$143,615	$208,992	$65,377
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$2,874,113	$3,169,731	$295,618
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$40,863	$22,004	($18,859)
Other	$500	$0	($500)
Total Assets	$3,059,091	$3,400,727	$341,636

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$1,610	$0	($1,610)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$1,610	$0	($1,610)

The Korean American Scholarship Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of The Korean American Scholarship Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$296,599	$577,662	$262,345	$698,902	-$759,102
As % of expenses	-42.9%	69.8%	33.5%	91.9%	-79.6%
Unrestricted surplus (deficit) after depreciation	-$296,599	$577,662	$262,345	$698,902	-$759,102
As % of expenses	-42.9%	69.8%	33.5%	91.9%	-79.6%

Revenue composition
Total revenue (unrestricted & restricted)	$968,283	$1,185,463	$844,070	$1,135,969	$1,380,392
Total revenue, % change over prior year	-15.4%	22.4%	-28.8%	34.6%	21.5%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	3.1%	11.6%	2.5%	1.6%	1.3%
Investment income	13.3%	8.9%	10.7%	17.8%	14.7%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	76.8%	80.5%	78.1%	74.3%	85.2%
Other revenue	6.8%	-1.0%	8.7%	6.3%	-1.2%

Expense composition
Total expenses before depreciation	$690,777	$828,136	$782,973	$760,511	$953,923
Total expenses, % change over prior year	0.6%	19.9%	-5.5%	-2.9%	25.4%
Personnel	0.0%	0.0%	0.0%	7.3%	7.7%
Professional fees	7.5%	10.5%	14.4%	1.7%	0.0%
Occupancy	0.0%	0.0%	0.7%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	65.7%	64.2%	74.3%	81.5%	81.0%
All other expenses	26.7%	25.4%	10.6%	9.5%	11.3%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$690,777	$828,136	$782,973	$760,511	$953,923
One month of savings	$57,565	$69,011	$65,248	$63,376	$79,494
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$748,342	$897,147	$848,221	$823,887	$1,033,417

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	6.1	8.9	9.4	10.8	9.1
Months of cash and investments	70.7	72.8	83.3	98.0	70.1
Months of estimated liquid unrestricted net assets	-2.7	6.1	10.5	21.8	7.9

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$350,791	$614,510	$614,281	$683,267	$719,592
Investments	$3,717,425	$4,406,368	$4,818,942	$5,527,662	$4,853,278
Receivables	$0	$0	$0	$0	$0
Gross land, buildings, equipment (LBE)	$56,579	$56,579	$56,579	$56,579	$56,579
Accumulated depreciation (as a % of LBE)	100.0%	100.0%	100.0%	100.0%	100.0%
Liabilities (as a % of assets)	0.0%	0.0%	0.0%	0.0%	0.0%
Unrestricted net assets	-$154,284	$423,378	$685,723	$1,384,625	$625,523
Temporarily restricted net assets	$0	N/A	N/A	N/A	N/A
Permanently restricted net assets	$4,222,500	N/A	N/A	N/A	N/A
Total restricted net assets	$4,222,500	$4,597,500	$4,747,500	$4,826,304	$4,947,347
Total net assets	$4,068,216	$5,020,878	$5,433,223	$6,210,929	$5,572,870

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Chairman

Sang Kim

Number of employees

Source: IRS Form 990

The Korean American Scholarship Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

The Korean American Scholarship Foundation

Board of directors
as of 07/19/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Jay Lee

Board co-chair

Henry Choi

Korean American Scholarship Foundation

Term: 2023 - 2024

Sang Kim

HJ Nam

Alex Lee

Jay Lee

Frank Lee

Leonard Kim

Sungsu John Kang

Sang Nam Lee

Henry Choi

Robyn Brinkerhoff

Gimin Kim

Gina Huh

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Not applicable
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 7/19/2024

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

Asian/Asian American

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

Equity strategies

Last updated: 06/14/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data

We ask team members to identify racial disparities in their programs and / or portfolios.
We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
We disaggregate data by demographics, including race, in every policy and program measured.

Policies and processes

We use a vetting process to identify vendors and partners that share our commitment to race equity.
We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
We have community representation at the board level, either on the board itself or through a community advisory board.
We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

The Korean American Scholarship Foundation

Helping One Student At A Time

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

Our programs

Scholarship Program

Where we work

Our results

Evaluation documents

Total dollar amount of scholarship awarded

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Number of students who receive scholarship funds and/or tuition assistance

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Our Sustainable Development Goals

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

0.00

Months of cash in 2022 info

9.1

Fringe rate in 2022 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

The Korean American Scholarship Foundation

The Korean American Scholarship Foundation

The Korean American Scholarship Foundation

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Chairman

Sang Kim

Number of employees

The Korean American Scholarship Foundation

Compensation data

The Korean American Scholarship Foundation

Board of directors data

Jay Lee

Henry Choi

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities