Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Choson Foundation Trust is a private trust based in PEACHTREE COR, GA. The foundation received its IRS ruling in 2003. The principal officer is Un H Cho. It holds total assets of $6.3M. Annual income is reported at $1.2M. Total assets have grown from $1.2M in 2011 to $6.3M in 2023. The foundation is governed by 1 officer or trustee. Scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Georgia. According to available records, Choson Foundation Trust has made 17 grants totaling $308K, with a median grant of $9K. Annual giving has decreased from $228K in 2022 to $81K in 2023. Individual grants have ranged from $500 to $153K, with an average award of $18K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$18K
Largest Grant
$85K
Based on 6 grants from the most recent 990-PF filing.
Grants to individuals
Expenses: $100K
Scholarships
Expenses: $46K
Church missions
Expenses: $10K
Other 501(c)(3) charities
Expenses: $8K
Scholarships. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in GA.
Choson Foundation Trust has distributed a total of $308K across 17 grants. The median grant size is $9K, with an average of $18K. Individual grants have ranged from $500 to $153K.
Choson Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Choson Foundation Trust is headquartered in PEACHTREE COR, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Un H Cho | PRESIDENT | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$6.3M
Fair Market Value
$6.3M
Net Worth
$6.3M
Grants Paid
$105K
Contributions
$550K
Net Investment Income
$188K
Distribution Amount
$176K
Total: $3.9M
Total Grants
17
Total Giving
$308K
Average Grant
$18K
Median Grant
$9K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iris ChoHUMANITARIAN RELIEF | Peachtree Corners, GA | $20K | 2023 |
| Lori KimHUMANITARIAN RELIEF | Peachtree Corners, GA | $10K | 2023 |
| Won KinoHUMANITARIAN RELIEF | Peachtree Corners, GA | $10K | 2023 |
| Suk M HwangHUMANITARIAN RELIEF | Peachtree Corners, GA | $10K | 2023 |
| South Korea MissionMISSION SUPPORT | Peachtree Corners, GA | $10K | 2023 |
| Andrew NgoHUMANITARIAN RELIEF | Peachtree Corners, GA | $7K | 2023 |
| The Hudgens Center For Art LearnCHARITABLE CONTRIBUTIONS | Duluth, GA | $6K | 2023 |
| Yoon-Sim YangHUMANITARIAN RELIEF | Peachtree Corners, GA | $6K | 2023 |
| Bong ChoiHUMANITARIAN RELIEF | Peachtree Corners, GA | $1K | 2023 |
| Joseph KimHUMANITARIAN RELIEF | Peachtree Corners, GA | $500 | 2023 |
| Scholaship AwardEDUCATIONAL SCHOLARSHIP FUNDING | Peachtree Corners, GA | $43K | 2022 |
| Kenya MissionMISSION SUPPORT | Peachtree Corners, GA | $9K | 2022 |
| Peru MissionMISSION SUPPORT | Peachtree Corners, GA | $9K | 2022 |
| Yoon Sim YangHUMANITARIAN RELIEF | Peachtree Corners, GA | $6K | 2022 |
| Calvin Y ChoHUMANITARIAN RELIEF | Peachtree Corners, GA | $5K | 2022 |