Paek Family Foundation

Private foundation · Grantmaker Irving, TX EIN: 87-4086196

Paek Family Foundation is a private foundation based in Irving, Texas. In filing year 2024, it reported 12 grants totaling $2,909,399 to charitable organizations.

Key facts about Paek Family Foundation

In short: Paek Family Foundation gave $2.9M across 12 grants in 2024 (avg $242K), mostly in California. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
87-4086196
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,909,399
Grants made (2024)
12
Average grant
$242,450
Median grant
$50,000
New grantees (estimate)
33% first-time grantees (4 of 12, 2024)
Total assets
$221,092
Primary geography
California (94% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$221K

-90.1% YoY

Annual Giving

$2.9M

-44.0% YoY

Grant Count

12

+50.0% YoY

Avg Grant Size

$242K

-62.7% YoY

Is Paek Family Foundation open to new grantees?

33%

first-time grantees, 2024

In 2024, 4 of 12 grantees (33%) were first-time recipients. First grants averaged $53K; repeat grants $337K. How we count

Medians: $45K first-time, $50K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 filing describes the listed grants as supporting programs. Among its grantees, Citizens Commission on Human Rights says its mission is to address abuses in the mental health industry and uphold patient and consumer protections. Helpusadopt.org describes itself as a grant program that helps people with adoption costs.

Grantmaking

In 2024, the foundation reported 12 grants totaling $2,909,399. Grant amounts ranged from $5,005 to $2,150,847, with a median of $50,000. Its largest grants included $2,150,847 to United States IAS Members Trust, $317,897 to Church of Scientology, and $115,250 to American Saint Hill Organization. Other grants included $63,750 to Church of Scientology Flag Service Org, $50,650 to Church of Scientology Dallas, $50,000 each to Citizens Commission on Human Rights and Love Button, and $50,000 to Augies Quest.

Your AI grants department

Ready to take the next step with Paek Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went primarily to organizations in California (94%). The remaining reported shares were Florida (2%), Texas (2%), Colorado (2%), and Oregon (0%).

Grant Distribution by State

8states

Share of 2024 grant dollars across all 12 itemized grants.

Cities

Los AngelesAgoura HillsClearwaterSheridanArlingtonHollywoodIrvingSan JacintoDenverHonoluluKellerNew YorkTustinCharlottesville

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M0 grants2021 11 grants2022 8 grants2023 12 grants2024

From 2022 to 2024, annual grant giving ranged from $2.9M (2024) to $7.3M (2022). In 2024 it made 12 grants totaling $2.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

United States IAS Members Trust: $2.2MUnited States IAS MembersTrust$2.2MChurch of Scientology: $318KChurch of Scientology$318KAmerican Saint Hill Organization: $115KAmerican Saint HillOrganization$115KChurch of Scientology Flag Service Org: $64KChurch of Scientology FlagService Org$64KChurch of Scientology Dallas: $51KChurch of Scientology Dallas$51KCitizens Commission on Human Rights: $50KCitizens Commission on HumanRights$50KLove Button: $50KLove Button$50KAugies Quest: $50KAugies Quest$50KIrvine Woori Baptist Church: $40KIrvine Woori Baptist Church$40KDelphian School: $10KDelphian School$10K

The largest 2024 recipient was United States IAS Members Trust ($2.2M). Together the top 10 received $2.9M.

Organizations only. It also paid 1 grant to individuals ($6,000), which are not listed by name.

Grant Size Distribution

31 grants across all recorded years

8<$50K11$50–100K7$100–250K2$250–500K$500K–1M2$1–5M1$5M+

The most common grant size was in the $50–100K range: 11 grants of 31 (35%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United States IAS Members Trust Los Angeles, CAprogram supporting$2,150,847
Church of Scientology San Jacinto, CAprogram supporting$317,897
American Saint Hill Organization Los Angeles, CAprogram supporting$115,250
Church of Scientology Flag Service Org Clearwater, FLprogram supporting$63,750
Church of Scientology Dallas Irving, TXprogram supporting$50,650
Citizens Commission on Human Rights Los Angeles, CAprogram supporting$50,000
Love Button Agoura Hills, CAprogram supporting$50,000
Augies Quest Denver, COprogram supporting$50,000
Irvine Woori Baptist Church Tustin, CAprogram supporting$40,000
Delphian School Sheridan, ORprogram supporting$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $221,092 $893,976 $2,912,429 $2,909,399
2023 $2,239,545 $203,633 $5,201,861 $5,194,031
2022 $7,237,773 $10,519,916 $7,282,143 $7,281,303
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2021 2022 2023 2024
Metric202420232022
Total Assets$221,092$2,239,545$7,237,773
Revenue$893,976$203,633$10,519,916
Expenses$2,912,429$5,201,861$7,282,143
Qualifying Distributions$2,909,399$5,194,142$7,281,303
Net Investment Income$23,594$197,633$9,916
Distributable Amount——$99,887

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 18, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  3. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

Richard Paek was listed as president on the 2024 filing.

Paek Family Foundation is led by Richard Paek, President on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Richard Paek

    President

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 6191 State Highway 161 460, Irving, TX 75038
Phone: (214) 495-1141

Frequently asked questions about Paek Family Foundation

How much does Paek Family Foundation give each year?

Paek Family Foundation gave $2.9M across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.2M across 8 grants.

What is Paek Family Foundation's typical grant size?

Paek Family Foundation's median grant in 2024 was $50,000, and its average grant was $242,450, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Paek Family Foundation that year got $53K on average.

Where does Paek Family Foundation give grants?

Paek Family Foundation gives mostly in California: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Angeles, CA (3 grants).

Does Paek Family Foundation give general operating support?

Not in 2024: none of the 12 grants with a stated purpose on Paek Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Supporting" (12 grants).

Who are Paek Family Foundation's largest grantees?

Paek Family Foundation's largest 2024 grantees include United States IAS Members Trust ($2,150,847), Church of Scientology ($317,897) and American Saint Hill Organization ($115,250), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($6,000), which are not listed by name. Together they received 89% of its itemized 2024 grant dollars.

How large is Paek Family Foundation?

Paek Family Foundation reported $221K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $894K.

What does Paek Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 filing describes the listed grants as supporting programs. Among its grantees, Citizens Commission on Human Rights says its mission is to address abuses in the mental health industry and uphold patient and consumer protections. See mission & focus areas ↑

How do I apply for a grant from Paek Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Paek Family Foundation's EIN?

Paek Family Foundation's EIN (Employer Identification Number) is 87-4086196. IRS Form 990 filing data is available on this page for 2021–2024.

Does Paek Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Paek Family Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Paek Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

LPL Financial Foundation Inc

Boston, MA

Assets

$7.8M

Grants

55

Total Given

$2.3M

Viking Global Foundation Inc

Stamford, CT

Philanthropy, Voluntarism & Grantmaking

Assets

$7.1M

Grants

423

Total Given

$3.6M

Broadway Caresequity Fights AIDS Inc

New York, NY

Broadway Cares/Equity Fights AIDS funds health and social services for people affected by HIV/AIDS and other life-threatening illnesses, including meals, health care, counseling, and legal support. Its 2025 grants had a median of $12,500, with awards ranging from $5,590 to $8.38 million; it supports organizations across all 50 states, Puerto Rico, and Washington, D.C., with most funding going to New York. The profile does not state whether unsolicited requests are accepted.

Assets

$16.8M

Grants

449

Total Given

$17.1M

The Snider Foundation

Collegeville, PA

The Snider Foundation funds organizations aligned with individual and economic liberty, personal responsibility, Jewish culture and survival, and stronger communities, including work in education, conservation, animal welfare, and the arts. Its 2025 grants ranged from $220 to $27.7 million, but transfers to successor foundations inflated the total; among other organizations, grants included $57,147–$100,000. Nearly all 2025 grant dollars went to Pennsylvania, with some support in California, Maine, and Washington, DC; it funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.3M

Grants

92

Total Given

$162.9M

Open Society Institute

New York, NY

The Open Society Institute funds organizations, movements, coalitions, networks, and some individuals working on human rights, democracy, equity, and justice worldwide. Its 2024 grants had a median of $15,000, though awards varied widely; application processes differ by program, and the profile does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$5.4B

Grants

559

Total Given

$146.9M

The Cyrus Katzen Foundation Inc

Baileys Crossroads, VA

The Cyrus Katzen Foundation funds health care and medical research, children’s services, arts and culture, and community and religious organizations. Its 2025 grants ranged from $2,000 to $812,500, with a median of $10,000, and went mainly to organizations in Washington, DC, and Maryland. It accepts requests: applicants should submit a letter describing the organization and grant purpose, along with proof of tax-exempt status; no deadline is listed.

Assets

$35.7M

Grants

35

Total Given

$1.7M

The Dr E Lawrence Deckinger Family

New York, NY

Philanthropy, Voluntarism & Grantmaking

Assets

$1.4M

Grants

102

Total Given

$89K

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds charitable work in health, wealth, living, and learning, with much of its grantmaking supporting North Texas nonprofits; its 2025 grants had a median of $18,779, though award sizes varied widely. Nearly all opportunities are by invitation, and its Nonprofit Gateway profile is not a grant application.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

BNSF Railway Foundation

Fort Worth, TX

The BNSF Railway Foundation supports civic, cultural, educational, health and human services, environmental, and youth programs, as well as general operating costs, in communities served by BNSF across its 28-state network. Its 2025 median grant was $2,500; its current grants program lists awards of $1,000–$10,000.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.0M

Grants

993

Total Given

$7.0M

More Funders in Texas

Paek Family Foundation down — hundreds of funders to go?

Want AI to do this for you?