Fa Park Family Foundation Inc
Fa Park Family Foundation Inc is a private foundation, based in Alpine, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $13.5M in total assets. In 2025, it awarded 2 grants totaling $24K. Net investment income was $2.
Fa Park Family Foundation Inc at a glance
In short: Fa Park Family Foundation Inc gave $24K across 2 grants in 2025 (avg $12K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $23,500
- -16.1% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $11,750
- +25.9% vs 2024
- Median grant
- $11,750
- Total assets
- $13,502,449
- -3.2% vs 2024
- Primary geography
- New York (85% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Fa Park Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Metropolitan Opera Association Inc ($20K). Together the top 2 received $24K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Fa Park Family Foundation Inc gives
- Giving fell 55% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $24K (2025) to $126K (2020). In 2025 it made 2 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Metropolitan Opera Association Inc New York, NY | Operation Support | $20,000 |
| Bel Canto Opera Inc Fort Lee, NJ | Operation Support | $3,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $13,502,449 | $125,002 | $570,571 | $23,500 | 2 | $145,700 | $2 | $4,816 |
| 2024 | $13,949,136 | $100,009 | $632,875 | $28,000 | 3 | $159,145 | $9 | $16,136 |
| 2023 | $14,481,819 | $200,009 | $680,894 | $68,000 | 4 | $197,115 | $9 | $35,195 |
| 2022 | $14,967,488 | $325,306 | $991,404 | $52,000 | 3 | $317,543 | $306 | $99,985 |
| 2021 | $15,633,855 | $6,001,694 | $625,612 | $84,103 | 6 | $137,209 | $1,694 | $131,996 |
| 2020 | $16,254,768 | $7,003,691 | $183,501 | $126,000 | 8 | — | $3,691 | $157,638 |
| 2019 | $3,421,479 | $2,803,822 | $122,735 | $122,700 | 12 | — | $3,818 | $102,410 |
Under IRS private-foundation payout rules, Fa Park Family Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fa Park Family Foundation Inc is led by Fa Park, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Fa Park
President
On filings since 2019
1 hr/week
No compensation reported
Hannah Park
Director
On filings since 2019
1 hr/week
No compensation reported
Philip Park
Director & T
On filings since 2019
1 hr/week
No compensation reported
Hyeran Park
V.p & Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Fa Park Family Foundation Inc
How much does Fa Park Family Foundation Inc give each year?
Fa Park Family Foundation Inc gave $24K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $28K across 3 grants.
How large is Fa Park Family Foundation Inc?
Fa Park Family Foundation Inc reported $13.5M in total assets on its 2025 IRS Form 990-PF. It paid out $146K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
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 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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
Live grants for the work Fa Park Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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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