S Peter Chung Family

Private foundation · Grantmaker Miami, FL EIN: 65-1026632

S Peter Chung Family is a private foundation, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 5 grants totaling $96K. Net investment income was $5K.

Key facts about S Peter Chung Family

In short: S Peter Chung Family gave $96K across 5 grants in 2024 (avg $19K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
65-1026632
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$96,150
Grants made (2024)
5
Average grant
$19,230
Median grant
$1,650
Total assets
$75,100
Primary geography
California (59% 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

$75K

-55.0% YoY

Annual Giving

$96K

+153.4% YoY

Grant Count

5

-61.5% YoY

Avg Grant Size

$19K

+558.7% YoY

Under IRS private-foundation payout rules, S Peter Chung Family reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

How S Peter Chung Family gives

  • Giving grew 283% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

6states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

Fountain ValleyIrvineAnaheimFullertonNewy YorkRoslynTyroneAlachuaAustinBuena ParkChula VistaDiamond BarKailuakonaLaguna HillsS Pasadena

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2020 3 grants2021 5 grants2022 13 grants2023 5 grants2024

From 2021 to 2024, annual grant giving ranged from $25K (2021) to $96K (2024). In 2024 it made 5 grants totaling $96K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Global Medical Mission Alliance: $55KGlobal Medical MissionAlliance$55KUnited Board for Christian Higher: $38KUnited Board for ChristianHigher$38KSeverance Alumni Association Inc: $2KSeverance Alumni AssociationInc$2KBethel Korean Church: $1KBethel Korean Church$1KKorean World Mission Council: $300Korean World Mission Council$300

The largest 2024 recipient was Global Medical Mission Alliance ($55K). Together the top 5 received $96K.

Grant Size Distribution

26 grants across all recorded years

25<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 26 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Global Medical Mission Alliance Fountain Valley, CAMedical/Christian Ministry$55,000
United Board for Christian Higher Newy York, NYEducational Organization$38,000
Severance Alumni Association Inc Roslyn, NYEducation Institution$1,650
Bethel Korean Church Irvine, CAChristian Ministry$1,200
Korean World Mission Council Anaheim, CAChristian Ministry$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$75,100$166,805$27,651
Revenue$5,161$177,715$120
Expenses$96,866$38,561$26,941
Qualifying Distributions$96,150$37,950$26,880
Net Investment Income$5,100$3,654$59
Distributable Amount$5,916$4,592$2,241

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

S Peter Chung Family is led by Soo Young Chung, President & Director on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Soo Young Chung

    President & Director

    On filings since 2020

    No compensation reported

  • Myungsook Chung

    Secretary & Director

    On filings since 2020

    No compensation reported

Former officers (3)
  • Former: Jeana L. Chung (2020–2023) — Treasurer & Director
  • Former: Paul Chung (2020–2023) — Director
  • Former: Peter Chung (2020–2023) — Director

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 S Peter Chung Family

How much does S Peter Chung Family give each year?

S Peter Chung Family gave $96K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $38K across 13 grants.

What is S Peter Chung Family's typical grant size?

S Peter Chung Family's median grant in 2024 was $1,650, and its average grant was $19,230, across 5 grants on its 2024 IRS Form 990-PF.

Where does S Peter Chung Family give grants?

S Peter Chung Family gives mostly in California: 59% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (41%).

Does S Peter Chung Family give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on S Peter Chung Family's 2024 IRS Form 990-PF were described as general or operating support.

Who are S Peter Chung Family's largest grantees?

S Peter Chung Family's largest 2024 grantees include Global Medical Mission Alliance ($55,000), United Board for Christian Higher ($38,000) and Severance Alumni Association Inc ($1,650), according to its 2024 IRS Form 990-PF. Together they received 98% of its itemized 2024 grant dollars.

How large is S Peter Chung Family?

S Peter Chung Family reported $75K in total assets on its 2024 IRS Form 990-PF. It paid out $96K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

What is S Peter Chung Family's EIN?

S Peter Chung Family's EIN (Employer Identification Number) is 65-1026632. 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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