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Jkbae Foundation

  • Clifton, VA
  • Tax-exempt since Sept. 2008
  • EIN: 20-5604317

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$347k (2024)

Expenses
$160k (2024)

Total Assets
$1.87M (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$347,063
Expenses
$159,500
Net Income
$187,563
Net Assets
$1,872,216
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $300,000
86.4%
Interest Revenue $0
Dividends $36,638
10.6%
Sales of Assets $10,425
3.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $159,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,872,216
Total Liabilities $0
Net Assets $1,872,216
Compensation
Key Employees and Officers Compensation Other
Dr Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice Preside) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on July 30, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML
View Filing (2 of 2)

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$114,707
Expenses
$58,500
Net Income
$56,207
Net Assets
$1,482,969
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $30,898
26.9%
Sales of Assets $22,518
19.6%
Other Income $61,291
53.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $58,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,482,969
Total Liabilities $0
Net Assets $1,482,969
Compensation
Key Employees and Officers Compensation Other
Dr Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice Preside) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$92,031
Expenses
$78,520
Net Income
$13,511
Net Assets
$1,426,762
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,469
30.9%
Sales of Assets $63,562
69.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $65,950
84.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,426,762
Total Liabilities $0
Net Assets $1,426,762
Compensation
Key Employees and Officers Compensation Other
Dr Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice President) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on April 25, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$111,333
Expenses
$82,804
Net Income
$28,529
Net Assets
$1,739,945
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $32,207
28.9%
Sales of Assets $79,126
71.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $71,950
86.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,739,945
Total Liabilities $0
Net Assets $1,739,945
Compensation
Key Employees and Officers Compensation Other
Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice President) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on April 19, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$40,737
Expenses
$91,108
Net Income
-$50,371
Net Assets
$1,652,533
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,125
66.6%
Sales of Assets $13,612
33.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,425
88.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,652,534
Total Liabilities $1
Net Assets $1,652,533
Compensation
Key Employees and Officers Compensation Other
Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice President) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on April 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$72,567
Expenses
$98,041
Net Income
-$25,474
Net Assets
$1,583,353
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,029
6.9%
Interest Revenue $0
Dividends $34,778
47.9%
Sales of Assets $32,760
45.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $86,470
88.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,583,354
Total Liabilities $1
Net Assets $1,583,353
Compensation
Key Employees and Officers Compensation Other
Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice President) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on April 3, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$251,402
Expenses
$97,767
Net Income
$153,635
Net Assets
$1,526,075
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $32,407
12.9%
Sales of Assets $218,995
87.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $85,850
87.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,526,075
Total Liabilities $0
Net Assets $1,526,075

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$91,807
Expenses
$110,936
Net Income
-$19,129
Net Assets
$1,610,427
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $34,831
37.9%
Sales of Assets $56,976
62.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $97,350
87.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,610,427
Total Liabilities $0
Net Assets $1,610,427
Compensation
Key Employees and Officers Compensation Other
Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice President) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on March 28, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$87,363
Expenses
$101,567
Net Income
-$14,204
Net Assets
$1,653,676
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $38,167
43.7%
Sales of Assets $49,196
56.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $88,092
86.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,653,676
Total Liabilities $0
Net Assets $1,653,676
Compensation
Key Employees and Officers Compensation Other
Sung Ho Bae (President) $0 $0
Kwan Hee Bae (Vice President) $0 $0
Jeanie Y Chang (Secretary) $0 $0
Katherine Y Kan (Treasurer) $0 $0
Joel Kan (Trustee) $0 $0
Jonathan Chang (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on April 3, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$84,516
Expenses
$92,053
Net Income
-$7,537
Net Assets
$1,390,502
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $27
0.0%
Dividends $41,825
49.5%
Sales of Assets $42,162
49.9%
Other Income $502
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,700
84.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,390,503
Total Liabilities $1
Net Assets $1,390,502

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$71,642
Expenses
$90,604
Net Income
-$18,962
Net Assets
$1,395,717
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $126
0.2%
Dividends $51,400
71.7%
Sales of Assets $19,959
27.9%
Other Income $157
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $74,300
82.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,395,718
Total Liabilities $1
Net Assets $1,395,717

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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