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Hapa Foundation is a private trust based in FULLERTON, CA. The foundation received its IRS ruling in 2007. It holds total assets of $274K. Annual income is reported at $1.5M. Total assets have grown from $79K in 2011 to $274K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in California. According to available records, Hapa Foundation has made 16 grants totaling $31K, with a median grant of $1K. Annual giving has grown from $8K in 2020 to $13K in 2022. Individual grants have ranged from $300 to $7K, with an average award of $2K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$7K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hapa Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA.
Hapa Foundation has distributed a total of $31K across 16 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $300 to $7K.
Hapa Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hapa Foundation is headquartered in FULLERTON, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kye Hwan Kim | Trustee | $0 | $0 | N/A |
| Chong S Kim | Trustee | $0 | $0 | N/A |
| Harry Kim | Trustee | $0 | $0 | N/A |
| Paul Kim | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$274K
Fair Market Value
N/A
Net Worth
$274K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$31K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
7
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Somang SocietyTo support senior citizens welfare including their future planning for well dying. | Cypress, CA | $6K | 2022 |
| Fullerton Presbyterian ChourchTo support local missionary activites provided by the church. | Fullerton, CA | $3K | 2022 |
| Mike Lee MissionaryTo support local missionary activites provided by the church. | Fullerton, CA | $2K | 2022 |
| Orange Mission ChoirTo support the choir activities providing music to local community. | Fullerton, CA | $1K | 2022 |
| GbcTo support gospel broadcasting company. | Anaheim, CA | $500 | 2022 |
| Joy Center For DisabledTo support the organization providing various services to disabled. | Fullerton, CA | $500 | 2022 |
| Synngman RheeTo educate high school students about the first president of South Korea. | Los Angeles, CA | $500 | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA