Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 26-2615329

SEOUL NATIONAL UNIVERSITY FOUNDATION INC

Tax-exempt · FORT LEE, NJ 07024

Financials

$4M$3.5M2023$4.7M$5.6M2024
Revenue Expenses · by fiscal year end
Financials of SEOUL NATIONAL UNIVERSITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,686,533$5,616,996-$930,463$6,100,543$20,000$6,080,543
December 31, 2023990$3,997,460$3,537,643$459,817$6,828,656$5,000$6,823,656
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,517,370
Program service revenue
$0
Investment income
$169,163
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,534,800
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$30,000
Occupancy
$9,000
Program services (functional)
$5,563,165
Management and general (functional)
$53,831

Balance sheet and other

Total assets, start of year
$6,828,656
Total assets, end of year
$6,100,543
Total liabilities, end of year
$20,000
Net assets, end of year
$6,080,543
Publicly traded securities
$4,668,941
Net assets with donor restrictions
$6,080,543
Gross receipts
$4,686,533
Employees
0
Year formed
2008
State of legal domicile
NY

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MANUEL M LEEPRESIDENT
Officer
10$0
SEUNG JA LEEDIRECTOR
Trustee or director
2$0
JONG CHUL HANDIRECTOR
Trustee or director
2$0
JOON CHAEDIRECTOR
Trustee or director
2$0
HYUNG JOON CHODIRECTOR
Trustee or director
2$0
JOONHO KANGDIRECTOR
Trustee or director
2$0
JOO KYUNG SUNGDIRECTOR
Trustee or director
2$0
ILKYU HANDIRECTOR
Trustee or director
2$0
HAK RYANG CHUNGDIRECTOR
Trustee or director
2$0
BYUNG CHUL KANGDIRECTOR
Trustee or director
2$0
JE KYUNG SUNGDIRECTOR
Trustee or director
2$0
WON HO PARKDIRECTOR
Trustee or director
2$0
HOON MYUNGDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
MANUEL M LEEPRESIDENT
Officer
10$0
SEUNG JA LEEDIRECTOR
Trustee or director
–$0
JONG CHUL HANDIRECTOR
Trustee or director
–$0
JOON CHAEDIRECTOR
Trustee or director
–$0
HYUNG JOON CHODIRECTOR
Trustee or director
–$0
JOONHO KANGDIRECTOR
Trustee or director
–$0
JOO KYUNG SUNGDIRECTOR
Trustee or director
–$0
ILKYU HANDIRECTOR
Trustee or director
–$0
HAK RYANG CHUNGDIRECTOR
Trustee or director
–$0
BYUNG CHUL KANGDIRECTOR
Trustee or director
–$0
JE KYUNG SUNGDIRECTOR
Trustee or director
–$0
WON HO PARKDIRECTOR
Trustee or director
–$0
HOON MYUNGDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
400 KELBY ST, FORT LEE, NJ 07024-2943
Mailing address (990-N for 2009)
1430 Broadway Suite 306, New York NY 10018
Principal officer (990 for 2024)
MANUEL M LEE, 222 BRIDGE PLAZA SOUTH SUITE 720, FORT LEE, NJ 07024
Principal officer (990-N for 2009)
In Suk Oh, 604 NW Winters Creek Road, Palm City FL 34990
Signed the 990
MANUEL M LEE, PRESIDENT
Phone
(212) 768-9144
Return prepared by
KL CPA & ASSOCIATES LLC

Mission

TO BE CONTRIBUTORY FOR EDUCATIONAL ASSISTANCES. TO CONDUCT CHARITABLE ACTIVITIES. TO SUPPORT DEVELOPMENT OF SEOUL NATIONAL UNIVERSITY AND ITS AFFILIATES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO ENCOURAGE EDUCATION AND EDUCATIONAL EXCELLENCE THROUGH SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS, INSTITUTIONS AND OTHER ORGANIZATIONS.
    Expenses $5,563,165 · grants $5,534,800

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-2615329
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B84)
Assets (IRS master file)
$6,100,543
Income (IRS master file)
$4,686,533

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,686,533$5,616,996$6,100,543IRS
990December 2023$3,997,460$3,537,643$6,828,656XML
990December 2022$981,840$1,264,389$5,692,507IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2009
Officer: In Suk Oh
December 31, 2009≤ $50,000 receipts––e-Postcard

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 26-2615329).

Questions about SEOUL NATIONAL UNIVERSITY FOUNDATION INC

What is the EIN of SEOUL NATIONAL UNIVERSITY FOUNDATION INC?
The employer identification number (EIN) of SEOUL NATIONAL UNIVERSITY FOUNDATION INC is 26-2615329.
Is SEOUL NATIONAL UNIVERSITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to SEOUL NATIONAL UNIVERSITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SEOUL NATIONAL UNIVERSITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SEOUL NATIONAL UNIVERSITY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SEOUL NATIONAL UNIVERSITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SEOUL NATIONAL UNIVERSITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MANUEL M LEE.
Who are the officers and directors of SEOUL NATIONAL UNIVERSITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does SEOUL NATIONAL UNIVERSITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,686,533, expenses of $5,616,996 and total assets of $6,100,543 at year end.

Other nonprofits in FORT LEE

All nonprofits in FORT LEE · New Jersey · Education