At year-end, I am deeply proud to share a milestone made possible by your trust and support of our mission.

KACF just reached $20 million in cumulative grantmaking since our founding to strengthen the economic security of the Korean American community. This achievement represents far more than dollars invested—it reflects how far we have come, moving from a place of scarcity to one of growing abundance.

More than 20 years ago, KACF was founded to fill a gap. Our community lacked a philanthropic home capable of uniting us around a shared mission and translating generosity into meaningful support for our most vulnerable neighbors. Reaching this milestone affirms that we have forged a bridge across generations of Korean Americans, deepening connections to community and to one another, while strengthening our collective power.

Though our community is small, our influence is formidable. With your support, KACF has become a philanthropic powerhouse:

• We are the leading national funder dedicated to the Korean American community. Today, we support the largest network of Korean American-serving nonprofits in the country.

• We are also recognized among the top 20 funders of the AANHPI community in New York City, according to a recent regional funding analysis by Asian Americans/Pacific Islanders in Philanthropy.

We are proud to announce our latest Community Grants: $3 million to support 42 nonprofit partners across 9 states and Washington, DC, including first time investments in New Mexico and Washington State. This grant cycle carries KACF past the $20 million mark in cumulative grantmaking and reflects both the growing reach of our work and the responsibility we carry as a national philanthropic leader. We received 100 grant applications this year, underscoring the depth of need across our communities and the role KACF is being called to play.

The challenges that vulnerable Korean Americans face will continue to evolve amid shrinking resources for nonprofits. Yet our role extends far beyond funding—we have shaped a culture of giving. By inspiring rising generations of leaders and donors, and by creating spaces where philanthropy is learned, practiced, and celebrated, we are ensuring that our impact endures, growing stronger with each generation and lasting well beyond any single crisis.

Thank you for your steadfast partnership and belief in this work.

With Gratitude,

Kyung B. Yoon
President & CEO