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Filing year 2024

KOREAN-AMERICAN COMMUNITY FOUNDATION INC

New York, New York·EIN 16-1643114·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8.5M
Total assets
$10.4M
Total expenses
$6.3M
Reported officers
21
Mission

KACF PROVIDES GRANTS AND CAPACITY BUILDING ASSISTANCE TO ORGANIZATIONS WORKING TO ADDRESS THE MOST PRESSING NEEDS IN THE KOREAN AMERICAN COMMUNITY AND BEYOND. TO THE SUPPORTERS, KACF PROVIDES A WAY TO MAGNIFY THE IMPACT OF THEIR GIVING AND TO BUILD BRIDGES ACROSS GENERATIONS AND COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

President CEO
75th to 90th percentile
$272k
$294k
Base
$262k
Bonus
Other
Benefits
$1k
Of Programs Operations
Officer (Unspecified)
$219k
$237k
Base
$198k
Bonus
Other
Benefits
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at KOREAN-AMERICAN COMMUNITY FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 5%
from 2023

From $285k in 2023 to $272k in 2024.

$285k
2023
$272k
2024
In today's dollarsEst.
Down 8% in real terms$320k to $294k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 5% from 2023 to 2024, while revenue rose 211%.

$285k in 2023 to $272k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about KOREAN-AMERICAN COMMUNITY FOUNDATION INC

What does the Chief Executive Officer of KOREAN-AMERICAN COMMUNITY FOUNDATION INC earn?

In 2024, the Chief Executive Officer of KOREAN-AMERICAN COMMUNITY FOUNDATION INC received $272,043 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KOREAN-AMERICAN COMMUNITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Chief Executive Officer at KOREAN-AMERICAN COMMUNITY FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at KOREAN-AMERICAN COMMUNITY FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are KOREAN-AMERICAN COMMUNITY FOUNDATION INC's revenue and expenses?

In 2024, KOREAN-AMERICAN COMMUNITY FOUNDATION INC reported $8.5M in total revenue and $6.3M in total expenses on its IRS Form 990.

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