Good Friend Ministry
Good Friend Ministry is a private foundation, based in Irvine, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $707K in total assets. In 2025, it awarded 7 grants totaling $47K. Net investment income was $33K.
Key facts about Good Friend Ministry
In short: Good Friend Ministry gave $47K across 7 grants in 2025 (avg $7K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 95-3842453
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $47,100
- Grants made (2025)
- 7
- Average grant
- $6,729
- Median grant
- $4,000
- Total assets
- $707,411
- Primary geography
- California (72% 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
$707K
-2.3% YoY
Annual Giving
$47K
+26.3% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$7K
+8.2% YoY
Under IRS private-foundation payout rules, Good Friend Ministry reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.
How Good Friend Ministry gives
- Giving grew 109% from 2022 to 2025. Method
- In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). 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
Share of 2025 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $17K (2021) to $47K (2025). In 2025 it made 7 grants totaling $47K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Silver Wave Mission ($29K). Together the top 7 received $47K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Silver Wave Mission Anaheim, CA | Regular donor | $29,000 |
| World Grace Mission | Regular donor | $5,000 |
| The Last Runners Continental Divide, NM | Regular donor | $4,000 |
| Jesus Online Ministries Higley, AZ | Regular donor | $4,000 |
| MET Ministry Cypress, CA | Regular donor | $4,000 |
| Pacific Justice Institute Sacramento, CA | Regular donor | $1,000 |
| Bethel Press Ellicott City, MD | Regular donor | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $707,411 | $723,834 | $737,756 |
| Revenue | $32,877 | $25,767 | $38,887 |
| Expenses | $49,300 | $39,689 | $29,820 |
| Qualifying Distributions | $47,100 | $37,300 | $27,500 |
| Net Investment Income | $32,877 | $25,767 | $38,412 |
| Distributable Amount | $44,202 | $36,987 | $36,295 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 27, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Good Friend Ministry is led by Eugene J Choy, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eugene J Choy
President
On filings since 2019
10 hrs/week
No compensation reported
Joanne Jeehae Choy
CFO
On filings since 2024
5 hrs/week
No compensation reported
Timothy Myungsuk Choy
Secretary
On filings since 2024
5 hrs/week
No compensation reported
Former officers (1)
- Former: Misang Choy (2019–2023) — Vice President
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 Good Friend Ministry
How much does Good Friend Ministry give each year?
Good Friend Ministry gave $47K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 6 grants.
What is Good Friend Ministry's typical grant size?
Good Friend Ministry's median grant in 2025 was $4,000, and its average grant was $6,729, across 7 grants on its 2025 IRS Form 990-PF.
Where does Good Friend Ministry give grants?
Good Friend Ministry gives mostly in California: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Mexico (8%) and Arizona (8%).
Does Good Friend Ministry give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Good Friend Ministry's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Regular donor" (7 grants).
Who are Good Friend Ministry's largest grantees?
Good Friend Ministry's largest 2025 grantees include Silver Wave Mission ($29,000), World Grace Mission ($5,000) and The Last Runners ($4,000), according to its 2025 IRS Form 990-PF. Together they received 81% of its itemized 2025 grant dollars.
How large is Good Friend Ministry?
Good Friend Ministry reported $707K in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).
What is Good Friend Ministry's EIN?
Good Friend Ministry's EIN (Employer Identification Number) is 95-3842453. 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.
Here's the math on researching Good Friend Ministry by hand.
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