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Taeyoung & Hwaja Choi Foundation Inc. is a private corporation based in WALNUT, CA. The foundation received its IRS ruling in 2011. The principal officer is David H Choi. It holds total assets of $325K. Annual income is reported at $9K. Total assets have decreased from $900K in 2015 to $354K in 2023. The foundation is governed by 3 officers and trustees. Mission support for westminster world mission foundation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in California. According to available records, Taeyoung & Hwaja Choi Foundation Inc. has made 16 grants totaling $91K, with a median grant of $6K. The foundation has distributed between $26K and $36K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $36K distributed across 6 grants. Individual grants have ranged from $500 to $15K, with an average award of $6K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in California and Missouri and MP. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$4K
Largest Grant
$10K
Based on 6 grants from the most recent 990-PF filing.
Mission support for mission of mekong river and american evangelical university
Expenses: $26K
Mission support for westminster world mission foundation. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, MO, MP.
Taeyoung & Hwaja Choi Foundation Inc. has distributed a total of $91K across 16 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $500 to $15K.
Taeyoung & Hwaja Choi Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Taeyoung & Hwaja Choi Foundation Inc. is headquartered in WALNUT, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David H Choi | PRESIDENT | $0 | $0 | N/A |
| Hwaja Choi | CFO | $0 | $0 | N/A |
| Taeyoung Choi | SECRETARY | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$354K
Fair Market Value
$354K
Net Worth
$354K
Grants Paid
$29K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$18K
Total Grants
16
Total Giving
$91K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
10
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saipan Evangelical ChurchMISSION | Fina Sisu, MP | $15K | 2023 |
| Korea Evangelical Zion ChurchMISSION | Los Angeles, CA | $9K | 2023 |
| The Great Mission & Commandment CenMISSION | Buena Park, CA | $3K | 2023 |
| Pray & Praise ChurchMISSION | Los Angeles, CA | $2K | 2023 |
| Westminster World Mission FoundatioMISSION | Kirkwood, MO | $10K | 2022 |
| Korea Evangelical ChurchMISSION | Torrance, CA | $7K | 2022 |
| Miju Holycity MovementMISSION | Los Angeles, CA | $1K | 2022 |
| Communante Coreenne Des MissioneMISSION | Seoul | $5K | 2020 |
| Cantamore ChorusMISSION | San Diego, CA | $2K | 2020 |
| Shalom Disability MinistriesMISSION | Los Angeles, CA | $2K | 2020 |