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Pak Family Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2004. The principal officer is Kyung Woo Pak. It holds total assets of $983K. Annual income is reported at $346K. Total assets have grown from $190K in 2011 to $818K in 2023. The foundation is governed by 2 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 2023. Grantmaking is concentrated in California. According to available records, Pak Family Foundation has made 12 grants totaling $182K, with a median grant of $20K. Annual giving has decreased from $50K in 2020 to $36K in 2023. Grantmaking activity was highest in 2022 with $96K distributed across 6 grants. Individual grants have ranged from $900 to $28K, with an average award of $15K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$20K
Average Grant
$17K
Largest Grant
$28K
Based on 3 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.
Pak Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA.
Pak Family Foundation has distributed a total of $182K across 12 grants. The median grant size is $20K, with an average of $15K. Individual grants have ranged from $900 to $28K.
Pak Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pak Family Foundation is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kyung-Woo Pak | Director | $0 | $0 | N/A |
| Young Hi Pak | Director | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$818K
Fair Market Value
$818K
Net Worth
$818K
Grants Paid
$36K
Contributions
$23K
Net Investment Income
$10K
Distribution Amount
$37K
Total Grants
12
Total Giving
$182K
Average Grant
$15K
Median Grant
$20K
Unique Recipients
4
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Mark'S SchoolGENERAL DONATION | Altadena, CA | $20K | 2023 |
| Come Mission IncMISSIONARY FUND | Los Angeles, CA | $15K | 2023 |
| New Life Mission FoundationMISSIONARY FUND | La Crescenta, CA | $900 | 2023 |
| Home On The Green PasturesMISSIONARY FUND | Tustin, CA | $2K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA