Fa Park Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPINE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.9M in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $9.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.9M
-3.7% YoY
Annual Giving
$28K
-58.8% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$9K
-45.1% YoY
Under IRS private-foundation payout rules, Fa Park Family Foundation Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Fa Park Family Foundation Inc
Based on IRS filings
Fa Park Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPINE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.9M in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $9.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,949,136 | $14,481,819 | $14,967,488 |
| Revenue | $100,009 | $200,009 | $325,306 |
| Expenses | $632,875 | $680,894 | $991,404 |
| Qualifying Distributions | $159,145 | $197,115 | $317,543 |
| Net Investment Income | $9 | $9 | $306 |
| Distributable Amount | $16,136 | $35,195 | $99,985 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bel Canto Opera Inc ($13,000), New Song Church Inc ($10,000), Family Touch ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW SONG CHURCH INC FAIR LAWN, NJ | OPERATION SUPPORT | $10,000 |
| FAMILY TOUCH LITTLE FERRY, NJ | OPERATION SUPPORT | $5,000 |
| BEL CANTO OPERA INC FORT LEE, NJ | OPERATION SUPPORT | $13,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FA PARK | PRESIDENT | 1 | — |
| HYERAN PARK | V.P / SECRET | 1 | — |
| HANNAH PARK | DIRECTOR | 1 | — |
| PHILIP PARK | DIRECTOR / T | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fa Park Family Foundation Inc?
Fa Park Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPINE, NJ. It holds $13.9M in total assets as of 2024.
How large is Fa Park Family Foundation Inc?
As of 2024, Fa Park Family Foundation Inc holds $13.9M in total assets with $100K in annual revenue. It awarded 3 grants totaling $28K in 2024.
Where does Fa Park Family Foundation Inc operate?
Fa Park Family Foundation Inc has awarded grants in California, New Jersey, New York, Oregon, Texas.
What size grants does Fa Park Family Foundation Inc award?
In 2024, Fa Park Family Foundation Inc awarded 3 grants totaling $28K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Fa Park Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fa Park Family Foundation Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fa Park Family Foundation Inc's EIN?
Fa Park Family Foundation Inc's EIN (Employer Identification Number) is 61-1582454. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fa Park Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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