Rim Family Foundation is a private foundation focused on Education, based in LOMITA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $856K in total assets. In 2024, it awarded 2 grants totaling $31K. Net investment income was $31K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$856K
+6.0% YoY
Annual Giving
$31K
-48.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$16K
-48.3% YoY
Under IRS private-foundation payout rules, Rim Family Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
About Rim Family Foundation
Based on IRS filings
Rim Family Foundation is a private foundation focused on Education, based in LOMITA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $856K in total assets. In 2024, it awarded 2 grants totaling $31K. Net investment income was $31K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $855,856 | $807,482 | $861,293 |
| Revenue | $80,526 | $34,104 | $31,131 |
| Expenses | $69,831 | $96,745 | $80,720 |
| Qualifying Distributions | $31,000 | $60,000 | $44,000 |
| Net Investment Income | $30,526 | $34,104 | $11,131 |
| Distributable Amount | $81,876 | $40,268 | $84,930 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ewha University ($21,000), 103 Saint Korean Catholic Church ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EWHA UNIVERSITY NEW YORK, NY | SCHOLARSHIP GRANTED | $21,000 |
| 103 SAINT KOREAN CATHOLIC CHURCH TORRANCE, CA | SCHOLARSHIP GRANTED | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SOON K RIM | PRESIDENT | — | — |
| JOHN RIM | SECRETARY | — | — |
| CHARLES A RIM | C.F.O. | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rim Family Foundation?
Rim Family Foundation is a private foundation focused on Education, based in LOMITA, CA. It holds $856K in total assets as of 2024.
How large is Rim Family Foundation?
As of 2024, Rim Family Foundation holds $856K in total assets with $81K in annual revenue. It awarded 2 grants totaling $31K in 2024.
Where does Rim Family Foundation operate?
Rim Family Foundation has awarded grants in California, New York.
What size grants does Rim Family Foundation award?
In 2024, Rim Family Foundation awarded 2 grants totaling $31K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Rim Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rim Family Foundation reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rim Family Foundation's EIN?
Rim Family Foundation's EIN (Employer Identification Number) is 46-4333400. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.