Hong Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 6 grants totaling $2.2M. Net investment income was $89K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-6.6% YoY
Annual Giving
$2.2M
-0.7% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$361K
-17.3% YoY
About Hong Family Foundation
Based on IRS filings
Hong Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 6 grants totaling $2.2M. Net investment income was $89K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,960,750 | $4,242,747 | $4,418,124 |
| Revenue | $1,908,080 | $1,970,796 | $2,014,855 |
| Expenses | $2,183,598 | $2,181,658 | $1,965,179 |
| Qualifying Distributions | $2,164,044 | $2,180,000 | $1,964,000 |
| Net Investment Income | $88,526 | $81,327 | $63,676 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Zoe ($1,360,000), The Church at Rocky Peak ($781,000), Pastor Rick's Daily Hope ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CHURCH AT ROCKY PEAK CHATSWORTH, CA | GENERAL | $781,000 |
| ZOE SANTA CLARITA, CA | GENERAL | $1,360,000 |
| PASTOR RICK'S DAILY HOPE RSM, CA | GENERAL | $10,000 |
| HIS HANDS ON AFRICA GRANADA HILLS, CA | GENERAL | $10,000 |
| GLORY REINS RIDING SCHOOL INC SIMI VALLEY, CA | GENERAL | $1,044 |
| TESSEL INC MANHATTAN BEACH, CA | GENERAL | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER HONG | President | — | — |
| CATHERINE HONG | Vice President | — | — |
| ANTHONY KIM | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hong Family Foundation?
Hong Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEVERLY HILLS, CA. It holds $4.0M in total assets as of 2024.
How large is Hong Family Foundation?
As of 2024, Hong Family Foundation holds $4.0M in total assets with $1.9M in annual revenue. It awarded 6 grants totaling $2.2M in 2024.
Where does Hong Family Foundation operate?
Hong Family Foundation has awarded grants in California, Colorado, Texas.
What size grants does Hong Family Foundation award?
In 2024, Hong Family Foundation awarded 6 grants totaling $2.2M — an average of about $361K per grant, based on its IRS Form 990 filings.
What is Hong Family Foundation's EIN?
Hong Family Foundation's EIN (Employer Identification Number) is 27-4213318. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hong Family Foundation'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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