New Light Mission Foundation
New Light Mission Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORONA DEL MAR, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $78K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+2.3% YoY
Annual Giving
$78K
+42.7% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$11K
+42.7% YoY
Under IRS private-foundation payout rules, New Light Mission Foundation reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About New Light Mission Foundation
Based on IRS filings
New Light Mission Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORONA DEL MAR, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $78K. Net investment income was $18K.
Focus Areas
Ready to take the next step with New Light Mission Foundation?
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 | $1,189,496 | $1,163,165 | $1,113,907 |
| Revenue | $105,550 | $104,683 | $97,721 |
| Expenses | $79,245 | $55,643 | $44,540 |
| Qualifying Distributions | $77,500 | $54,300 | $44,540 |
| Net Investment Income | $17,550 | $15,683 | $12,721 |
| Distributable Amount | $81,366 | $63,583 | $53,656 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Corona Calvary Korean Presbyterian ($51,000), Ewuaana ($10,000), Smile Unto Him ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CORONA CALVARY KOREAN PRESBYTERIAN CORONA, CA | CHURCH & MISSION | $51,000 |
| SMILE UNTO HIM RIVERSIDE, CA | MEDICAL SUPPORT | $5,000 |
| EWUAANA SIMI VALLEY, CA | MISSION | $10,000 |
| RESONATE GRAND RAPIDS, MI | MISSION | $5,000 |
| A BEAUTIFUL COMMUNICATION SANTA ANA, CA | CHRISTIAN COUNSELING | $3,000 |
| SIM USA CHARLOTTE, NC | MISSION | $3,000 |
| REDEEMER COUNSELING SERVICE NEW YORK, NY | CHRISTIAN COUNSELING | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEONG-OK LEE TRUSTEE | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Light Mission Foundation?
New Light Mission Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORONA DEL MAR, CA. It holds $1.2M in total assets as of 2024.
How large is New Light Mission Foundation?
As of 2024, New Light Mission Foundation holds $1.2M in total assets with $106K in annual revenue. It awarded 7 grants totaling $78K in 2024.
Where does New Light Mission Foundation operate?
New Light Mission Foundation has awarded grants in California, Michigan, North Carolina, New York.
What size grants does New Light Mission Foundation award?
In 2024, New Light Mission Foundation awarded 7 grants totaling $78K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is New Light Mission Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Light Mission Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Light Mission Foundation's EIN?
New Light Mission Foundation's EIN (Employer Identification Number) is 82-6729561. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Light Mission Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with New Light Mission Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching New Light Mission Foundation to a real strategy.