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Joo Family Dream Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2022. The principal officer is Nara Joo. It holds total assets of $468K. Annual income is reported at $40K. Total assets have grown from $225K in 2022 to $468K in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. According to available records, Joo Family Dream Foundation has made 10 grants totaling $42K, with a median grant of $5K. Annual giving has decreased from $30K in 2022 to $12K in 2023. Individual grants have ranged from $1K to $9K, with an average award of $4K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in California and Colorado. Contributions to this foundation are tax-deductible.
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.
Joo Family Dream Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in CA, CO.
Joo Family Dream Foundation has distributed a total of $42K across 10 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $9K.
Joo Family Dream Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joo Family Dream Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Young Gi Joo | President | $0 | $0 | N/A |
| Soon Ok Joo | Secretary | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$468K
Fair Market Value
N/A
Net Worth
$468K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$42K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Union Rescue MissionDONATION | Los Angeles, CA | $5K | 2023 |
| Focus On The FamilyDONATION | Colorado Springs, CO | $5K | 2023 |
| Mentor For ChangeDONATION | Los Angeles, CA | $1K | 2023 |
| Homeboy IndustriesDONATION | Los Angeles, CA | $1K | 2023 |
| Shalom Disability CenterDONATION | Los Angeles, CA | $9K | 2022 |
| Jesus Love ChurchDONATION | Temecula, CA | $5K | 2022 |
| Oriental Mission ChurchDONATION | Los Angeles, CA | $1K | 2022 |