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.

Park's Family Foundation at a glance

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

Annual giving (2024)
$25,000
+127.3% vs 2023
Grants made (2024)
3
+50.0% vs 2023
Average grant
$8,333
+51.5% vs 2023
Median grant
$10,000
Total assets
$1,263,582
+32.9% vs 2023
Primary geography
California (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Park's Family Foundation funds

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%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

La MiradaFullertonSan JoseTustin

How Park's Family Foundation gives

  • Giving grew 32% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2020 3 grants2021 1 grant2022 2 grants2023 3 grants2024

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

Grants by year

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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$1,263,582$348,442$35,486$25,0003$25,000$37,215
2023$950,626$141,223$17,636$11,0002$11,000$14,232
2022$827,039$283,410$28,327$22,8001$22,800—
2021$571,956$298,372$23,416$19,0003$19,000—
2020$300,000$300,000$3,000————

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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Park's 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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