UNITED KOREA FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: UNITED KOREA FOUNDATION (EIN 95-3090600)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-04-03
IRS object ID: 202420949349100417
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-03T14:25:54-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	208542462	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL S OH CPA & CO	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6281 BEACH BLVD STE 101	AddressLine1Txt
City	BUENA PARK	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	906212293	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	953090600	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UNITED KOREA FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	UNIT	BusinessNameControlTxt
Phone	7143193532	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	621 BROOKLINE PLACE	AddressLine1Txt
City	FULLERTON	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92835	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HYUNG JOON KIM	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7143193532	PhoneNum
Signature	2024-04-02	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	HYUNG JOON	PersonFirstNm
Person Last	KIM	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SEUNG Y OH	PreparerPersonNm
PTIN	P00495910	PTIN
Phone	7145221120	PhoneNum
Preparation	2024-04-02	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$0	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$2,000	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Total Rev And Expnss	$2,000	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$650	AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss	$25	TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss	$9,500	TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss	$23	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$10,198	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$15,600	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$15,600	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$25,798	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$15,600	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$23,798	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$243,189	CashBOYAmt
Cash EOY	$219,391	CashEOYAmt
Total Assets BOY	$243,189	TotalAssetsBOYAmt
Total Assets EOY	$219,391	TotalAssetsEOYAmt
Total Assets EOYFMV	$0	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$243,189	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$219,391	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$243,189	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$219,391	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$243,189	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$219,391	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$243,189	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$23,798	ExcessRevenueOverExpensesAmt
Subtotal	$219,391	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$219,391	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	HYUNG JOON KIM	IndividualWithBooksNm
Phone	7143193532	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	713 SALVESON RD	AddressLine1Txt
City	BREA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92821	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
HYUNG JOON KIM
621 BROOKLINE PLACE	FULLERTON	CA	92835	PRESIDENT	000.00	$0	$0	$0
LYDIA Y KIM
621 BROOKLINE PLACE	FULLERTON	CA	92835	SECRETARY	000.00	$0	$0	$0
HYUNG D KIM
621 BROOKLINE PLACE	FULLERTON	CA	92835	TREASURER	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$224,689	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$224,689	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$224,689	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$3,370	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$221,319	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$11,066	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$11,066	MinimumInvestmentReturnAmt
Distributable Before Adj	$11,066	DistributableBeforeAdjAmt
Distributable Before Ded	$11,066	DistributableBeforeDedAmt
Distributable As Adjusted	$11,066	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$15,600	ExpensesAndContributionsAmt
Qualifying Distributions	$15,600	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$11,066	DistributableAsAdjustedAmt
Undistributed Income PY	$11,977	UndistributedIncomePYAmt
Excess Distribution Cyov Yr1	$3,800	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,800	TotalExcessDistributionCyovAmt
Qualifying Distributions	$15,600	QualifyingDistributionsAmt
Applied To Year1	$11,977	AppliedToYear1Amt
Applied To Current Year	$3,623	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$3,800	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$3,800	ExcessDistributionCyovAppCYAmt
Undistributed Income CY	$3,643	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	HYUNG JOON KIM	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	621 BROOKLINE PLACE	AddressLine1Txt
City	FULLERTON	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92835	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7143193532	RecipientPhoneNum
Recipient Email Address	LYDKIM@HOTMAIL.COM	RecipientEmailAddressTxt
Form And Info And Materials	REQUEST ARE ACCEPTED ANYTIME. NOTICE APPROVE, REJECTION OF REQUEST FOR ADDITIONAL INFORMATION USUALLY IN 2 MONTHS.	FormAndInfoAndMaterialsTxt
Submission Deadlines	SEE STATEMENT 2	SubmissionDeadlinesTxt
Restrictions On Awards	REFERENCE IS GIVEN TO COLLEGE OR HIGHER EDUCATION, CHARITABLE ORGANIZATION, CULTURE & RELIGIOUS ORGANIZATION ONCE A YEAR 7 TIME EXCEPT UNUSUAL SITUATIONS.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt
CHAN LEE
9311 ALONDRA BL 12	BELLFLOWER	CA	90706	NONE	EOF	SCHOLARSHIP	$1,000
AVERY HWANG
80 REMINGTON	ALISO VIEJO	CA	92656	NON	EOF	SCHOLARSHIP	$2,000
ELLIOT KO
9738 PASEO DE ORE	CYPRESS	CA	90630	NON	EOF	SCHOLARSHIP	$1,500
SARA CHO
1030 EUGEN DR 10	FULLERTON	CA	92832	NON	EOF	SCHOLARSHIP	$1,500
JOYCE PARK
2026 APPLEWOOD CIR	FULLERTON	CA	92833	NON	EOF	SCHOLARSHIP	$1,500
DEBORA ROBBINS
2512 MOROEG WAY	SACRAMENTO	CA	95864	NON	EOF	SCHOLARASHIP	$2,000
ZACHARY SINGLETON
GRAND CANYON UNIVERSITY	ARIZONA	AZ	85142	NON	EOF	SCHOLARSHIP	$1,500
KGAASC
8640 LOS COYOTES DR	BUENA PARK	CA	90621			CONTRIBUTION	$1,600	MUSIC CONTRIBUTION
KGAASC
8640 LOS COYOTES DR	BUENA PARK	CA	90621			CONTRIBUTION	$500	TURKEY EARTHQUAKE HALP
WORLD MISSION
621 BROOKLINE PL	FULLERTON	CA	92835			WORLD MISSION	$2,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$15,600	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$650	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
OFFICE EXPENSES	$23
SUPPLIES
SAFE BOX DEPOSIT RENTAL

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	RRF FILING	CategoryTxt
Amt	$25	Amt

UNITED KOREA FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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