Open Stewardship Foundation
Open Stewardship Foundation is a private foundation based in Los Angeles, California. Established in 2011 by Open Bank, it supports civic organizations, schools, and other eligible charitable nonprofits providing public-benefit services.
Open Stewardship Foundation at a glance
In short: Open Stewardship Foundation gave $707K across 89 grants in 2025 (avg $8K), mostly in California. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $707,000
- +56.9% vs 2024
- Grants made (2025)
- 89
- +11.3% vs 2024
- Average grant
- $7,944
- +41.1% vs 2024
- Median grant
- $4,000
- Total assets
- $11,160,523
- +10.4% vs 2024
- New grantees (estimate)
- 24% first-time grantees (21 of 89, 2025)
- Primary geography
- California (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Open Stewardship Foundation
- How to Apply
The foundation’s 2025 filing says applications were accepted by mail or hand delivery and required an application cover sheet, a 501(c)(3) determination letter, signed tax returns for the prior two years, three months…
The foundation’s 2025 filing says applications were accepted by mail or hand delivery and required an application cover sheet, a 501(c)(3) determination letter, signed tax returns for the prior two years, three months of recent bank statements, a detailed organization overview, and a detailed description and projected budget for proposed programs, projects, or activities. The filing lists political organizations and organizations attempting to influence legislation, for-profit organizations, public media, and organizations using grants for loans, investments, or fundraising events as ineligible. The website’s 2025 program announcement said that cycle accepted applications online only; it is now closed.
- Review Cycle
- The 2025 filing stated that applications had to be received or postmarked by November 30. The website’s 2025 program announcement gave November 26 as the submission deadline. Both dates refer to a past cycle.
- Deadline
- The 2025 filing stated that applications had to be received or postmarked by November 30.
- Contact
Application contact: Open Stewardship Foundation
Mailing address: 1000 Wilshire Blvd 500, Los Angeles, CA 90017
Phone: (213) 593-4885
Website: https://openstewardship.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Open Stewardship Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Pasadena Community Foundation ($200K). Together the top 10 received $355K.
Organizations only. It also paid 1 grant to individuals ($4,000), which are not listed by name.
Grant Size Distribution
366 grants across all recorded years
The most common grant size was under $50K: 363 grants of 366 (99%).
Geographic Focus
Where this funder awards grants
The foundation’s website describes its work as supporting communities served by Open Bank. In filing year 2025, 97% of grant dollars went to recipients in California and 3% to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 89 itemized grants.
States
Cities
Is Open Stewardship Foundation open to new grantees?
24%
first-time grantees, 2025
In 2025, 21 of 89 grantees (24%) were first-time recipients. First grants averaged $16K; repeat grants $6K. How we count
Medians: $3K first-time, $5K repeat.
- 74% of 2025 grantees were also funded in 2024. Method
- Giving grew 121% from 2022 to 2025. Method
- In 2025 it paid out 153% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $306K (2021) to $1.2M (2020). In 2025 it made 89 grants totaling $707K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pasadena Community Foundation Pasadena, CA | Relief and Recovery Fund | $200,000 |
| Jeonham Buena Park, CA | Religious | $50,000 |
| Eastmont Community Center Los Angeles, CA | Workforce Development | $20,000 |
| American Wheat (Milal) Mission in Southern California Santa Fe Springs, CA | Summer Agape Camp | $15,000 |
| Circle of Friends in Love Walnut, CA | Summer Camp, 5K/10K Run Insurance | $15,000 |
| Good Neighbors USA Tustin, CA | Homeless/Domestic Violence Shelter | $15,000 |
| Grace Community Services Fullerton, CA | Sharing of Change-Homeless Supportin | $10,000 |
| Hanmi Family Counseling Center Stanton, CA | Aging Well-Senior Supportive Service | $10,000 |
| Hope Sight Mission Association Los Angeles, CA | Upgrading Educational Equipments | $10,000 |
| Korean American Speical Education Center Santa Fe Springs, CA | Intellectual/Developmental Disabilit | $10,000 |
Ready to take the next step with Open Stewardship Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $11,160,523 | $1,856,746 | $855,792 | $707,000 | 89 | $855,792 | $560,155 |
| 2024 | $10,109,569 | $2,255,207 | $593,810 | $450,500 | 80 | $593,810 | $505,291 |
| 2023 | $8,448,172 | $3,278,891 | $546,955 | $507,000 | 71 | $546,955 | $421,906 |
| 2022 | $5,716,236 | $2,769,465 | $348,338 | $320,000 | 63 | $345,776 | $280,090 |
| 2021 | $3,295,109 | $1,240,564 | $345,446 | $306,000 | 63 | $340,224 | $164,226 |
| 2020 | $2,399,991 | $1,441,732 | $1,399,776 | $1,226,000 | 347 | — | $132,882 |
| 2019 | $2,358,035 | $1,241,017 | $343,112 | $319,000 | 57 | — | $113,989 |
Under IRS private-foundation payout rules, Open Stewardship Foundation reported a distributable amount of $560K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to support civic organizations, schools, and other eligible charitable nonprofits that provide public-benefit services. Its program describes support for local civic, Christian, and public-service organizations and schools advancing education, helping people in need, providing medical services, feeding the hungry, or offering other charitable or public-benefit services.
The foundation’s 2025 grants included support for a range of services. For example, Pasadena Community Foundation describes its work as building and preserving charitable funds, making grants, and promoting community partnerships. Eastmont Community Center says it advances community well-being through empowerment, social services, and programs. Good Neighbors USA describes itself as an international humanitarian and development organization. Other 2025 grantees describe work supporting social connections for people with developmental disabilities, assistance and educational events for visually impaired people, well-aging and well-dying education, homebuyer counseling for low- and moderate-income people, and shelter and counseling for abused women and children.
Grantmaking
In filing year 2025, the foundation reported 89 grants totaling $707,000. Grant amounts ranged from $2,000 to $200,000, with a median of $4,000. The largest listed award was $200,000 to Pasadena Community Foundation for a relief and recovery fund. Other notable grants included $50,000 to Jeonham for religious purposes, $20,000 to Eastmont Community Center for workforce development, and $15,000 each to American Wheat (Milal) Mission in Southern California, Circle of Friends in Love, and Good Neighbors USA.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Brian Choi as chairman; Min J Kim as vice chair; Suny Chung, John Y Byon, Soh Yun Park, and Jae Park as directors; Sang K Oh as “President &”; Jaehyun Park as CFO; and Jehwan Seong as secretary. The filing does not provide the remainder of Sang K Oh’s listed title.
Open Stewardship Foundation is led by Sang K. Oh, President on the 2025 filing; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sang K. Oh
President
New on the 2025 filing
No compensation reported
Brian Choi
Chairman
Director → Chairman, 2020
On filings since 2019
No compensation reported
Jae Park
Director
New on the 2025 filing
No compensation reported
John Y. Byon
Director
New on the 2025 filing
No compensation reported
Soh Yun Park
Director
New on the 2025 filing
No compensation reported
Suny Chung
Director
New on the 2025 filing
No compensation reported
Jaehyun Park
CFO
Chief Financial Officer → CFO, 2023
On filings since 2019
No compensation reported
Min J. Kim
Vice Chairman
Director → Vice Chairman, 2025
On filings since 2019
No compensation reported
Jehwan Seong
Secretary
On filings since 2023
No compensation reported
Former officers (8)
- Former: Christine Oh (2019–2024) — President
- Former: Ernest Dow (2019–2024) — Director
- Former: Soo Hun Jung (2020–2024) — Director
- Former: Yong Sin Shin (2020–2024) — Director
- Former: Ock Hee Kim (2019–2022) — Director
- Former: Susan Park (2019–2022) — Director
- Former: Jason Hwang (2020–2022) — Director
- Former: Jay Jehwan Seong (2019–2020) — Secretary
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 Open Stewardship Foundation
How much does Open Stewardship Foundation give each year?
Open Stewardship Foundation gave $707K across 89 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $451K across 80 grants.
What is Open Stewardship Foundation's typical grant size?
Open Stewardship Foundation's median grant in 2025 was $4,000, and its average grant was $7,944, across 89 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Open Stewardship Foundation that year got $16K on average.
Where does Open Stewardship Foundation give grants?
Open Stewardship Foundation gives mostly in California: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Angeles, CA (37 grants), Buena Park, CA (4 grants), Fullerton, CA (4 grants) and Santa Ana, CA (4 grants).
Does Open Stewardship Foundation give general operating support?
Occasionally: 2% of Open Stewardship Foundation's 2025 grants with a stated purpose (2 of 89) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Senior Education" (3 grants).
Who are Open Stewardship Foundation's largest grantees?
Open Stewardship Foundation's largest 2025 grantees include Pasadena Community Foundation ($200,000), Jeonham ($50,000) and Eastmont Community Center ($20,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($4,000), which are not listed by name. Together they received 38% of its itemized 2025 grant dollars.
How large is Open Stewardship Foundation?
Open Stewardship Foundation reported $11.2M in total assets on its 2025 IRS Form 990-PF. It paid out $856K in qualifying distributions that year, against a required minimum of $560K (roughly 5% of its investment assets).
What does Open Stewardship Foundation fund?
The foundation’s stated mission is to support civic organizations, schools, and other eligible charitable nonprofits that provide public-benefit services. See mission & focus areas ↑
How do I apply for a grant from Open Stewardship Foundation?
The foundation’s 2025 filing says applications were accepted by mail or hand delivery and required an application cover sheet, a 501(c)(3) determination letter, signed tax returns for the prior two years, three months… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Open Stewardship Foundation's EIN?
Open Stewardship Foundation's EIN (Employer Identification Number) is 45-3682002. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 23, 2026)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2023)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Open Stewardship Foundation funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/open-stewardship-foundation-morg_73e8a16e6d5441dbacc8a532fe5730eb
BibTeX
@misc{grantable_453682002_2026,
author = {{Grantable}},
title = {{Open Stewardship Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/open-stewardship-foundation-morg_73e8a16e6d5441dbacc8a532fe5730eb},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Open Stewardship Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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