The New York State Capitol

Form 990-PFTax year 2024EIN 87-3930791

GEN122 Foundation Inc

A private foundation in New York, NY. Its return for tax year 2024 lists 11 grants and $127,500 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

4 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $127,500

    Grants listed
    11
    Assets, end of year
    $2,596,984
  • Tax year 2023

    $71,051

    Grants listed
    8
    Assets, end of year
    $2,350,952
  • Tax year 2022

    $78,000

    Grants listed
    6
    Assets, end of year
    $2,408,930
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $3,003,030

Grants paid in 2024

11 grants, largest first

As listed on the return.

  1. Korean Charitable SocietyNew York, NY

    General fund

    $30,000
  2. Storefront ChurchNew York, NY

    General fund

    $30,000
  3. Redeemer University FellowshipCanada

    Counseling services

    $16,500
  4. Hope for New YorkNew York, NY

    General fund

    $10,000
  5. Redeemer Presbyterian Downtown ChurchNew York, NY

    Support for the church

    $10,000
  6. United Nations International SchoolNew York, NY

    Education

    $10,000
  7. Harvard UniversityCambridge, MA

    General fund

    $6,000
  8. Restore NYCNew York, NY

    General fund

    $5,000
  9. Radical IncBirmingham, AL

    Support for the church

    $3,957
  10. Liberty in North KoreaLong Beach, CA

    General fund

    $3,807
  11. Compassion InternatonalColorado Springs, CO

    General fund

    $2,236

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $10,00031% of the total
  2. Philanthropy and grantmaking1 grant $10,00031% of the total
  3. Human services1 grant $5,00015% of the total
  4. Religion1 grant $3,95712% of the total
  5. International aid1 grant $3,80712% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York6 grants $95,000
  2. Massachusetts1 grant $6,000
  3. Alabama1 grant $3,957
  4. California1 grant $3,807
  5. Colorado1 grant $2,236

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Catherina ParkPRESIDENT Hours 1Pay $0
  • Kyun ParkTREASURER Hours 1Pay $0
  • Philip KimSECRETARY Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Robert and Marcia Horowitz FoundationNew York, NY 20 grants Preselected only $126,742 giving
  2. The Goodman Family Foundation UA 7270 as AmendedNew York, NY 9 grants Accepts applications $129,420 giving
  3. George C Karlson FoundationNew York, NY 15 grants Preselected only $125,500 giving
  4. The Carroll & Percy Klingenstein Foundation IncNew York, NY 33 grants Preselected only $125,160 giving
  5. The FBR Foundation IncNew York, NY 1 grant Preselected only $125,000 giving