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Peony Foundation Inc. is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2016. The principal officer is Ms Karen Choi. It holds total assets of $326K. Annual income is reported at $11K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. Grantmaking is concentrated in California. According to available records, Peony Foundation Inc. has made 7 grants totaling $44K, with a median grant of $6K. Annual giving has decreased from $14K in 2020 to $9K in 2023. Grantmaking activity was highest in 2022 with $21K distributed across 3 grants. Individual grants have ranged from $2K to $12K, with an average award of $6K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$6K
Average Grant
$7K
Largest Grant
$12K
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.
Peony Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in CA.
Peony Foundation Inc. has distributed a total of $44K across 7 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $2K to $12K.
The application deadline is DECEMBER 31.
Peony Foundation Inc. is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Choi | PRESIDENT | $0 | $0 | N/A |
| Tammy Kim | SECRETARY | $0 | $0 | N/A |
| Young Jun Kim | DIRECTOR | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$329K
Fair Market Value
$329K
Net Worth
$329K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$16K
Total Grants
7
Total Giving
$44K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
5
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Called To Support MissionsMISSIONARY | Los Angeles, CA | $6K | 2023 |
| Child Education CenterSUPPORTING CHILD EDUCATION | La Canada, CA | $3K | 2023 |
| Grace Ministries InternationalMISSIONARY | Fullerton, CA | $12K | 2022 |
| Grace Korean Church-Altai TuvaMISSIONARY | Fullerton, CA | $6K | 2022 |
| Child Educational CenterSUPPORTING CHILD EDUCATION | La Canada, CA | $2K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA