Baker Kwon Family Foundation

Private foundation · Grantmaker San Clemente, CA EIN: 93-4641555

Baker Kwon Family Foundation is a private foundation, based in San Clemente, CA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 3 grants totaling $75K. Net investment income was $74K.

Key facts about Baker Kwon Family Foundation

In short: Baker Kwon Family Foundation gave $75K across 3 grants in 2025 (avg $25K), top state California. Source: 2025 IRS Form 990-PF.

EIN
93-4641555
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$75,000
Grants made (2025)
3
Average grant
$25,000
Median grant
$25,000
Total assets
$2,439,268
Primary geography
California (33% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.4M

-2.1% YoY

Annual Giving

$75K

+50.0% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$25K

+0.0% YoY

Under IRS private-foundation payout rules, Baker Kwon Family Foundation reported a distributable amount of $130K for 2025 — the minimum it must pay out in qualifying distributions.

How Baker Kwon Family Foundation gives

  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 3 itemized 2025 grant dollars.

Cities

Los AngelesKalispellMadisonNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants20232 grants20243 grants2025

From 2024 to 2025, annual grant giving ranged from $50K (2024) to $75K (2025). In 2025 it made 3 grants totaling $75K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Get Lit - Words Egnyte Inc: $25KGet Lit - Words Egnyte Inc$25KHope Pregnancy Ministries: $25KHope Pregnancy Ministries$25KWateraid America Inc: $25KWateraid America Inc$25K

The largest 2025 recipient was Get Lit - Words Egnyte Inc ($25K). Together the top 3 received $75K.

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Get Lit - Words Egnyte Inc Los Angeles, CAGeneral Operating Grant$25,000
Hope Pregnancy Ministries Kalispell, MTGeneral Operations Grant$25,000
Wateraid America Inc New York, NYGeneral Operations Grant$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M202320242025
Metric202520242023
Total Assets$2,439,268$2,492,780$2,505,532
Revenue$80,615$92,931$2,505,532
Expenses$133,944$105,181—
Qualifying Distributions$118,178$94,863—
Net Investment Income$74,369$85,687$5,532
Distributable Amount$129,589$127,205$11,373

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  2. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Baker Kwon Family Foundation is led by Natale Ethridge, Executive Director on every filing since 2023; 1 of 8 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Natale Ethridge

    Executive Director

    On filings since 2023

    5 hrs/week

    $20K (2024) → $20K (2025)

  • Ray Baker

    Director & President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Geoffrey Baker

    Director & Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jennifer Kwon

    Director & Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jennifer McKeown

    Director & Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kristopher Anderson

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Allie Davis

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Conor McKeown

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Natale Ethridge — Executive Director: $20KNatale EthridgeExecutive Director$20K

The highest reported compensation on the 2025 filing was $20K, to Natale Ethridge (Executive Director).

Frequently asked questions about Baker Kwon Family Foundation

How much does Baker Kwon Family Foundation give each year?

Baker Kwon Family Foundation gave $75K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 2 grants.

What is Baker Kwon Family Foundation's typical grant size?

Baker Kwon Family Foundation's median grant in 2025 was $25,000, and its average grant was $25,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Baker Kwon Family Foundation give grants?

Baker Kwon Family Foundation's top state is California, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Montana (33%) and New York (33%).

Does Baker Kwon Family Foundation give general operating support?

Yes: 100% of Baker Kwon Family Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Baker Kwon Family Foundation?

Baker Kwon Family Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $118K in qualifying distributions that year, against a required minimum of $130K (roughly 5% of its investment assets).

What is Baker Kwon Family Foundation's EIN?

Baker Kwon Family Foundation's EIN (Employer Identification Number) is 93-4641555. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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