Park's Family Foundation

Private foundation · Grantmaker Fullerton, CA EIN: 86-1495137

Park's Family Foundation is a private foundation, based in Fullerton, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $37K.

Key facts about Park's Family Foundation

In short: Park's Family Foundation gave $25K across 3 grants in 2024 (avg $8K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
86-1495137
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$25,000
Grants made (2024)
3
Average grant
$8,333
Median grant
$10,000
Total assets
$1,263,582
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+32.9% YoY

Annual Giving

$25K

+127.3% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$8K

+51.5% YoY

How Park's Family Foundation gives

  • Giving grew 32% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2024 grant dollars.

States

Cities

La MiradaFullertonSan JoseTustin

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants20203 grants20211 grants20222 grants20233 grants2024

From 2021 to 2024, annual grant giving ranged from $11K (2023) to $25K (2024). In 2024 it made 3 grants totaling $25K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Africa Future Foundation: $10KAfrica Future Foundation$10KDa Young Lee: $10KDa Young Lee$10KYoustar Foundation: $5KYoustar Foundation$5K

The largest 2024 recipient was Africa Future Foundation ($10K). Together the top 3 received $25K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Africa Future Foundation Fullerton, CADonation$10,000
Da Young Lee San Jose, CADonation$10,000
Youstar Foundation La Mirada, CADonation$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20202021202220232024
Metric202420232022
Total Assets$1,263,582$950,626$827,039
Revenue$348,442$141,223$283,410
Expenses$35,486$17,636$28,327
Qualifying Distributions$25,000$11,000$22,800
Net Investment Income$37,215$14,232—
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Park's Family Foundation is led by Kwang W. Park, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kwang W. Park

    President

    On filings since 2020

    8 hrs/week

    No compensation reported

  • Jin H. Park

    Vice President

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Lina Park

    Secretary

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Sang Hyuk Park

    CFO

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Park's Family Foundation

How much does Park's Family Foundation give each year?

Park's Family Foundation gave $25K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 2 grants.

What is Park's Family Foundation's typical grant size?

Park's Family Foundation's median grant in 2024 was $10,000, and its average grant was $8,333, across 3 grants on its 2024 IRS Form 990-PF.

Where does Park's Family Foundation give grants?

Park's Family Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Park's Family Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Park's Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (3 grants).

How large is Park's Family Foundation?

Park's Family Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $348K.

What is Park's Family Foundation's EIN?

Park's Family Foundation's EIN (Employer Identification Number) is 86-1495137. IRS Form 990 filing data is available on this page for 2020–2024.

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

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