Paek Family Foundation
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.
Paek Family Foundation at a glance
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.
- Annual giving (2024)
- $2,909,399
- -44.0% vs 2023
- Grants made (2024)
- 12
- +50.0% vs 2023
- Average grant
- $242,450
- -62.7% vs 2023
- Median grant
- $50,000
- Total assets
- $221,092
- -90.1% vs 2023
- New grantees (estimate)
- 33% first-time grantees (4 of 12, 2024; small sample)
- Primary geography
- California (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Paek Family Foundation
- 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.
- Contact
Mailing address: 6191 State Highway 161 460, Irving, TX 75038
Phone: (214) 495-1141
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Paek Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
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
The most common grant size was in the $50–100K range: 11 grants of 31 (35%).
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
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Is Paek Family Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 4 of 12 grantees (33%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United States IAS Members Trust Los Angeles, CA | program supporting | $2,150,847 |
| Church of Scientology San Jacinto, CA | program supporting | $317,897 |
| American Saint Hill Organization Los Angeles, CA | program supporting | $115,250 |
| Church of Scientology Flag Service Org Clearwater, FL | program supporting | $63,750 |
| Church of Scientology Dallas Irving, TX | program supporting | $50,650 |
| Citizens Commission on Human Rights Los Angeles, CA | program supporting | $50,000 |
| Love Button Agoura Hills, CA | program supporting | $50,000 |
| Augies Quest Denver, CO | program supporting | $50,000 |
| Irvine Woori Baptist Church Tustin, CA | program supporting | $40,000 |
| Delphian School Sheridan, OR | program supporting | $10,000 |
Ready to take the next step with Paek Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $221,092 | $893,976 | $2,912,429 | $2,909,399 | 12 | $2,909,399 | $23,594 | — |
| 2023 | $2,239,545 | $203,633 | $5,201,861 | $5,194,031 | 8 | $5,194,142 | $197,633 | — |
| 2022 | $7,237,773 | $10,519,916 | $7,282,143 | $7,281,303 | 11 | $7,281,303 | $9,916 | $99,887 |
| 2021 | $4,000,000 | $4,000,000 | — | — | — | — | — | — |
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.
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.
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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Paek Family Foundation funds
Mental Health & Crisis Intervention Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Paek Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Paek Family Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/paek-family-foundation-morg_05715cf71ba9434d854cf56263db8646
BibTeX
@misc{grantable_874086196_2026,
author = {{Grantable}},
title = {{Paek Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/paek-family-foundation-morg_05715cf71ba9434d854cf56263db8646},
note = {Accessed 2026-10-22. 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 Paek Family 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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