Korean American Community Foundation
Korean American Community Foundation is a 501(c)(3) nonprofit foundation, founded in 2002 and headquartered in New York, that distributes grants to community-based organizations serving low-income Korean Americans in mental health, senior services, and immigrant advocacy.
- Company typePrivate
- Founded2002
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Korean American Community Foundation does
Korean American Community Foundation (KACF) is a 501(c)(3) nonprofit philanthropic foundation founded in 2002 and headquartered in New York. Its stated mission is to improve the lives of Korean and Asian American communities through targeted grantmaking. The foundation operates a Community Grant Program that distributes funds to community-based nonprofit organizations serving low-income and vulnerable Korean Americans, with grant priorities in mental health, domestic violence prevention, senior services, and immigrant legal advocacy.
KACF's core service is structured philanthropic intermediation: aggregating donor capital and deploying it via annual grant cycles to vetted nonprofits. KACF-SF, its San Francisco counterpart, has distributed $4 million through 175 grants to 51 nonprofit organizations since inception, and the combined entities have distributed more than $24 million. In 2026, KACF awarded $400,000 through its Community Grant Program to Bay Area organizations.
The foundation's business model is donor-funded grantmaking rather than commercial revenue generation. It relies on charitable contributions, endowment income, and partnerships to sustain operations, with a small team of 1-10 employees. In May 2026, KACF and KACF-SF announced plans to merge into a single national organization, with the unified entity expected to expand grantmaking capacity and extend programmatic reach into Los Angeles. The merger comes against a backdrop where AAPI-serving organizations receive less than 0.34% of total private philanthropic funding, positioning KACF's national platform as a response to a significant funding gap.
Korean American Community Foundation firmographics
Firmographics- Name
- Korean American Community Foundation
- Legal name
- Korean American Community Foundation
- Website
- https://kacfny.org
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Korean American Community Foundation is a 501(c)(3) nonprofit foundation, founded in 2002 and headquartered in New York, that distributes grants to community-based organizations serving low-income Korean Americans in mental health, senior services, and immigrant advocacy.
- Ownership category
- akta.pro rank
Korean American Community Foundation industry classification
Industry- Product category
- Community Foundation / Philanthropic Grantmaking
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Civic and Social Organizations (8134)
- SIC
- Services-Social Services (8300), Services-Membership Organizations (8600)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
Keywords
Where Korean American Community Foundation is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Korean American Community Foundation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Others, Personnel, Operations
Distribution channels1 record
Marketing channels1 record
Korean American Community Foundation product offering
Product offeringCore offering
The Korean American Community Foundation is a 501(c)(3) nonprofit philanthropic foundation that raises charitable capital from donors and redistributes it through its Community Grant Program to community-based nonprofit organizations serving low-income and vulnerable Korean Americans. Grantmaking priorities include mental health services, domestic violence prevention, senior services, and immigrant legal advocacy, with a 2026 grant cycle awarding $400,000 in the Bay Area.
Product overview
Korean American Community Foundation is a nonprofit philanthropic organization operating as a single unified national foundation following the merger of KACF and KACF-SF. The foundation's primary offerings consist of its Community Grant Program, which distributes funds to nonprofits serving Korean American communities, and broader national philanthropy services that coordinate grantmaking across multiple regions. The organization has collectively distributed more than $24 million in grants to nonprofits and maintains all existing programs while enabling expanded programming and regional growth.
Differentiator
Problem solved
Functional benefit
Products and services
- Community Grant Program
- National Philanthropy Services
Quantifiable outcome
- Distributed $4 million through 175 grants to 51 nonprofit organizations since inception
- +1 more outcomes
Companies that use Korean American Community Foundation
Customer profileSegments2 records
Ideal customer profiles1 record
Korean American Community Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Korean American Community Foundation partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Korean American Community Foundation of San Francisco (KACF-SF)coreKACF and KACF-SF announced plans to merge into a single national organization to expand philanthropic support for Korean American communities across the United States. The unified organization will maintain all existing programs and staff while enabling expanded programming, increased grantmaking, and growth into new regions including Los Angeles. The merger is expected to be finalized in summer 2026.
Scale indicators5 records
Recent moves4 records
Expansion highlights4 records
Korean American Community Foundation competitors and assessment
Company assessmentEmerging players
- Korean Resource Center: Los Angeles-based Korean American nonprofit offering immigrant legal services, senior programs, and community organizing. Direct overlap with KACF's grantmaking focus areas and a likely grantee/partnership target for the planned LA expansion.
- Korean American Family Services (KFAM): Los Angeles-based Korean American social services nonprofit providing mental health, DV prevention, and senior services. Comparable as both a potential KACF grantee and an LA anchor that signals the market KACF plans to enter.
- Robert T. Yang Community Foundation: A smaller Korean American community foundation supporting education, immigration, and community services. Directly comparable as a Korean American-focused grantmaking entity, though smaller in scale.
Direct peers
- Hana Center: Chicago-based Korean American community services and advocacy organization addressing immigrant rights, senior services, and youth programs. Comparable as a Korean American-focused nonprofit delivering community services that KACF funds.
- Asian Americans/Pacific Islanders in Philanthropy (AAPIP): A national philanthropic intermediary advancing AAPI giving and grantmaking. Comparable as a national AAPI-focused philanthropic infrastructure organization working to grow funding to AAPI communities — overlapping KACF's core thesis.
- Asian Pacific Fund: AAPI-focused community foundation based in the San Francisco Bay Area that makes grants to AAPI-serving nonprofits. Directly comparable to KACF-SF in geography, AAPI grantmaking mission, and community foundation structure.
- Asian American Community Foundation: Community foundation aggregating AAPI donor capital and redistributing it through grants to AAPI-serving nonprofits. Closely comparable to KACF's community foundation + grantmaking model, though broader across AAPI subgroups.
Broad incumbents
- Japanese American Citizens League (JACL): One of the oldest Asian American civil rights organizations, offering community services and advocacy. Comparable as an established AAPI community infrastructure organization with a longer history than KACF.
- Citi Foundation: Large corporate foundation funding workforce, financial inclusion, and community development including AAPI initiatives. Comparable as a large-scale funder in adjacent spaces that AAPI-focused foundations partner with or compete against for grantees.
- Asian Cultural Council: AAPI-affiliated grantmaker supporting arts, culture, and cultural exchange. Comparable as an AAPI grantmaking foundation, though oriented toward arts/culture rather than human services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks1 record
Key highlights7 records
Customer concentration
Korean American Community Foundation social profiles
Digital presenceKorean American Community Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Korean American Community Foundation leadership team
Management profileNumber of profiles
Profiles2 records
Korean American Community Foundation funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
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Korean American Community Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Korean American Community Foundation
What does Korean American Community Foundation do?
The Korean American Community Foundation is a 501(c)(3) nonprofit philanthropic foundation that raises charitable capital from donors and redistributes it through its Community Grant Program to community-based nonprofit organizations serving low-income and vulnerable Korean Americans. Grantmaking priorities include mental health services, domestic violence prevention, senior services, and immigrant legal advocacy, with a 2026 grant cycle awarding $400,000 in the Bay Area.
Is Korean American Community Foundation a public or private company?
Korean American Community Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Korean American Community Foundation founded?
Korean American Community Foundation was founded in 2002. It employs 1 to 10 people.
Where is Korean American Community Foundation based?
Korean American Community Foundation is headquartered in New York, United States, in the North America region.
Who are Korean American Community Foundation's main competitors?
Emerging players on record are Korean Resource Center, Korean American Family Services (KFAM) and Robert T. Yang Community Foundation. Direct peers are Hana Center, Asian Americans/Pacific Islanders in Philanthropy (AAPIP), Asian Pacific Fund and Asian American Community Foundation. Broad incumbents are Japanese American Citizens League (JACL), Citi Foundation and Asian Cultural Council.
Does Korean American Community Foundation have an API?
No public API is recorded for Korean American Community Foundation.
What industry is Korean American Community Foundation in?
Korean American Community Foundation's product category is Community Foundation / Philanthropic Grantmaking. Its primary akta.pro industry code is BPAGAKAB, Community Foundations. Its NAICS code is 813211 and its SIC code is 8300.