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Pak Family Youth Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2022. It holds total assets of $581K. Annual income is reported at $30K. Total assets have grown from $220K in 2021 to $460K 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 2021 to 2023. According to available records, Pak Family Youth Foundation has made 11 grants totaling $150K, with a median grant of $10K. Annual giving has decreased from $30K in 2021 to $20K in 2023. Grantmaking activity was highest in 2022 with $100K distributed across 8 grants. Individual grants have ranged from $3K to $30K, with an average award of $14K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. 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.
Pak Family Youth Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in CA.
Pak Family Youth Foundation has distributed a total of $150K across 11 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $3K to $30K.
Pak Family Youth Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pak Family Youth Foundation is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer C Pak | C.F.O | $0 | $0 | N/A |
| Edward K Pak | C.E.O | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$460K
Fair Market Value
$460K
Net Worth
$460K
Grants Paid
$20K
Contributions
$125K
Net Investment Income
$5K
Distribution Amount
N/A
Total: N/A
Total Grants
11
Total Giving
$150K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Flintridge Preparatory SchoolSupport School Program | La Canada Flintridge, CA | $10K | 2023 |
| Chandler SchoolSupport School Program | Pasadena, CA | $10K | 2023 |
| World Children'S InitiativeSupport Oranization's Propram | Menlo Park, CA | $30K | 2022 |
| Private School VillageSupport School Program | Sherman Oaks, CA | $3K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA