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Nonprofit · EIN 20-5604317

JKBAE FOUNDATION

Tax-exempt · CLIFTON, VA 20124

Financials

$115K$59K2023$347K$160K2024$523K$73K2025
Revenue Expenses · by fiscal year end
Financials of JKBAE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$523,436$73,000$450,436$2,271,713$0$2,271,713
December 31, 2024990-PF (amended)$347,063$159,500$187,563$1,872,216$0$1,872,216
December 31, 2023990-PF$114,707$58,500$56,207$1,482,969$0$1,482,969
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$200,381
Dividends
$43,879
Net gain from sales of assets
$279,176

Expenses

Grants and similar amounts paid
$73,000
Disbursements for charitable purposes
$73,000
Excise tax on investment income
$4,473

Balance sheet and other

Total assets, start of year
$1,872,216
Total assets, end of year
$2,271,713
Total liabilities, end of year
$0
Net assets, end of year
$2,271,713
Fair market value of assets
$2,271,713
Qualifying distributions
$73,000
Net investment income
$323,055

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DR SUNG HO BAE
6732 BUNKERS CT, CLIFTON, VA 20124
PRESIDENT5$0
KWAN HEE BAE
6732 BUNKERS CT, CLIFTON, VA 20124
VICE PRESIDE1$0
JEANIE Y CHANG
6732 BUNKERS CT, CLIFTON, VA 20124
SECRETARY1$0
KATHERINE Y KAN
6732 BUNKERS CT, CLIFTON, VA 20124
TREASURER1$0
JOEL KAN
6732 BUNKERS CT, CLIFTON, VA 20124
TRUSTEE0$0
JONATHAN CHANG
6732 BUNKERS CT, CLIFTON, VA 20124
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
DR SUNG HO BAE
6732 BUNKERS CT, CLIFTON, VA 20124
PRESIDENT1$0
KWAN HEE BAE
6732 BUNKERS CT, CLIFTON, VA 20124
VICE PRESIDE1$0
JEANIE Y CHANG
6732 BUNKERS CT, CLIFTON, VA 20124
SECRETARY1$0
KATHERINE Y KAN
6732 BUNKERS CT, CLIFTON, VA 20124
TREASURER1$0
JOEL KAN
6732 BUNKERS CT, CLIFTON, VA 20124
TRUSTEE1$0
JONATHAN CHANG
6732 BUNKERS CT, CLIFTON, VA 20124
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DR SUNG HO BAE
328 CENTENNIAL CIR, WILMINGTON, DE 19807
PRESIDENT1$0
KWAN HEE BAE
328 CENTENNIAL CIR, WILMINGTON, DE 19807
VICE PRESIDE1$0
JEANIE Y CHANG
328 CENTENNIAL CIR, WILMINGTON, DE 19807
SECRETARY1$0
KATHERINE Y KAN
328 CENTENNIAL CIR, WILMINGTON, DE 19807
TREASURER1$0
JOEL KAN
328 CENTENNIAL CIR, WILMINGTON, DE 19807
TRUSTEE1$0
JONATHAN CHANG
328 CENTENNIAL CIR, WILMINGTON, DE 19807
TRUSTEE1$0

Address and contacts

Address (IRS master file)
6732 BUNKERS CT, CLIFTON, VA 20124-2556
In care of
% SUNG HO BAE
Signed the 990-PF
DR SUNG HO BAE, PRESIDENT
Phone
(302) 743-8029
Return prepared by
ELITE ACCOUNTING GROUP PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-5604317
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,271,713
Income (IRS master file)
$523,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$523,436$73,000$2,271,713IRS
990-PFDecember 2024$347,063$159,500$1,872,216IRS
990-PFDecember 2023$114,707$58,500$1,482,969XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5604317).

Questions about JKBAE FOUNDATION

What is the EIN of JKBAE FOUNDATION?
The employer identification number (EIN) of JKBAE FOUNDATION is 20-5604317.
Is JKBAE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to JKBAE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JKBAE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JKBAE FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JKBAE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of JKBAE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does JKBAE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $523,436, expenses of $73,000 and total assets of $2,271,713 at year end.

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