Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

AHL FOUNDATION INC is a nonprofit focused on scholarships and financial aid, education, art history, and history, with a mission to promote Korean and Korean-American artists and expand public awareness of their contributions through awards, grants, fellowships, exhibitions, commissions, lectures, workshops, museum tours, and art history classes. In filing year 2025, it operated on a budget of $546.2K and reported total revenue of $554.9K, with major support from GRACE CHARITY FOUNDATION INC, Dow Kim Family Foundation, and T & W FOUNDATION INC.

Mission Statement

SEARCH AND BUILD ARTIST NETWORK WHILE BUILDING A WIDER PUBLIC AWARENESS OF KOREAN AND KOREAN-AMERICAN ARTISTS AND THEIR CONTRIBUTIONS TO CONTEMPORARY ART BY PROMOTING THE WORK OF KOREAN ARTISTS THROUGH VISUAL ART AWARDS, PROJECT GRANTS, FELLOWSHIPS, EXHIBITIONS AND PUBLIC COMMISSIONS AND BUILDING A COMMUNITY OF SUPPORTS AND ART ENTHUSIASTS THROUGH PUBLIC LECTURES, WORKSHOPS, MUSEUM TOURS, ART HISTORY CLASSES AND EDUCATIONAL CULTURAL EXPERIENCES FOR THE MEMBERS OF THE GENERAL PUBLIC.
Revenues
$314.3K
Expenses
$255.1K
Net Income:
+$59.2K
Assets
$828.3K
Liabilities
$0
Net Assets:
+$828.3K
Operating Budget
$228.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$11.2K
Largest grant received
$45K
S
Sook Nyu Kim
Board Member
J
Jung Hyang Kim
Board Member
Y
Young Gill Kim
Board Member
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  • 13 funders
  • 7 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is AHL FOUNDATION INC’s budget?
In 2024, AHL FOUNDATION INC reported an annual operating budget of around $229 thousand. More detailed financial information is available to registered users.
What causes does AHL FOUNDATION INC support?
AHL FOUNDATION INC supports work in Education, Art history, History, and Scholarships & Financial Aid.
Where does AHL FOUNDATION INC operate?
AHL FOUNDATION INC is headquartered in NEW YORK, NY.
Who funded AHL FOUNDATION INC recently?
In 2025, AHL FOUNDATION INC received grants from T & W FOUNDATION INC, T & W FOUNDATION INC, and PETER AND JOANNA PARK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant AHL FOUNDATION INC received in 2024?
The largest grant to AHL FOUNDATION INC in 2024 exceeds $45 thousand.
What is AHL FOUNDATION INC’s reliance on government grants?
AHL FOUNDATION INC relied on government grants for more than 25% of their total revenue in 2024.