MBK Educational Foundation

• The foundation does not accept unsolicited requests and makes contributions only to organisations it has preselected, so a cold proposal is unlikely to be considered.
• Education is the theme its grants point to, with scholarships, library services and youth education among the recorded purposes, so work in those areas is the closest fit.
• No geographic focus is stated, so location alone should not decide whether a charity approaches it.
• About 8 in 10 grants fall between $12,500 and $2,550,000, with a median of $250,000, so a request around that middle figure is realistic; the largest grant was $4,600,000, so this band is typical rather than a limit.
• Its giving has risen each year, and 47% of its grant dollars went to organisations it had also funded in earlier years, so repeat relationships carry weight.

The largest grants to organisations in the foundation’s latest filing:

• Haverford College · To support the construction of a new building for the ethical inquiry and leadership institute to be named the michael b. kim institute for ethical inquiry and leadership (hereinafter, "space") and establishing the michael b. kim institute for ethical inquiry and leadership endowed fund (hereinafter, "fund") in support of the operation and activities of the michael b. kim institute for ethical inquiry and leadership (the "institute").
  $4,600,0002024 tax year
• Metropolitan Museum of Art · To support the museum's plans in the area of modern and contemporary art specifically for the costs associated with the construction, maintenance, operations, programming, or other needs of a new or renovated modern wing (the "new modern wing"), and other activities undertaken with the goal of keeping the museum at the forefront of presenting modern and contemporary art to the public, at the museum's sole discretion.
  $2,550,0002024 tax year
• MBK Scholarship Foundation · To support mbk scholarship foundation's scholarship making activities to financially needy students in korea.
  $800,0002024 tax year
• University of Chicago · The gift shall be expendable and shall be used to create and support an expendable fund to be known as the kim and park study of the book program fund the assets of the program fund shall be used to support the library's new study of the book program.
  $358,3332024 tax year
• New York Public Library Astor Lennox And Tilden FDN · To support new technology, collections, and overall refresh of the muhlenberg library's children and teen center, as well as support youth educational initiatives, including nypl after school and enhanced teen programming.
  $250,0002024 tax year
• Soloman R Guggenheim Foundation · To support of guggenheim education programs 2024-25
  $50,0002024 tax year
• Grace Church School · General educational support
  $7,5002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.