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Paek Family Foundation is a private corporation based in IRVING, TX. The foundation received its IRS ruling in 2022. It holds total assets of $221K. Annual income is reported at $894K. Total assets have decreased from $4M in 2021 to $221K in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of health. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Paek Family Foundation has made 30 grants totaling $19.8M, with a median grant of $50K. Annual giving has decreased from $14.6M in 2022 to $5.2M in 2023. Individual grants have ranged from $3K to $6.4M, with an average award of $659K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in California, Florida, Virginia, which account for 70% of all grants. Grantmaking reaches organizations across 6 states. 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.
Paek Family Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in CA, FL, VA.
Paek Family Foundation has distributed a total of $19.8M across 30 grants. The median grant size is $50K, with an average of $659K. Individual grants have ranged from $3K to $6.4M.
Paek Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Paek Family Foundation is headquartered in IRVING, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Paek | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$221K
Fair Market Value
N/A
Net Worth
$221K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
30
Total Giving
$19.8M
Average Grant
$659K
Median Grant
$50K
Unique Recipients
12
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United States Ias Members Trustprogram supporting | Los Angeles, CA | $4.6M | 2023 |
| Center For Open Scienceprogram supporting | Charlottesville, VA | $243K | 2023 |
| Church Of Scientology Flag Service Orgprogram supporting | Clearwater, FL | $132K | 2023 |
| Church Of Scientology Celebrity Ctr Intprogram supporting | Hollywood, CA | $104K | 2023 |
| Citizens Commission On Human Rightsprogram supporting | Los Angeles, CA | $50K | 2023 |
| The Als Associationprogram supporting | Arlington, VA | $50K | 2023 |
| Love Buttonprogram supporting | Agoura Hills, CA | $50K | 2023 |
| Delphian Schoolprogram supporting | Sheridan, OR | $3K | 2023 |
| Church Of Scientologyprogram supporting | San Jacinto, CA | $272K | 2022 |
| Church Of Scientology Of Hawaiiprogram supporting | Honolulu, HI | $156K | 2022 |
| Church Of Scientology Dallasprogram supporting | Irving, TX | $5K | 2022 |
| Cancer Strongherprogram supporting | Keller, TX | $5K | 2022 |