S Peter Chung Family
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.
S Peter Chung Family at a glance
In short: S Peter Chung Family gave $96K across 5 grants in 2024 (avg $19K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $96,150
- +153.4% vs 2023
- Grants made (2024)
- 5
- -61.5% vs 2023
- Average grant
- $19,230
- +558.7% vs 2023
- Median grant
- $1,650
- Total assets
- $75,100
- -55.0% vs 2023
- Primary geography
- California (59% 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 S Peter Chung Family funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
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
The most common grant size was under $50K: 25 grants of 26 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $25K (2021) to $96K (2024). In 2024 it made 5 grants totaling $96K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Global Medical Mission Alliance Fountain Valley, CA | Medical/Christian Ministry | $55,000 |
| United Board for Christian Higher Newy York, NY | Educational Organization | $38,000 |
| Severance Alumni Association Inc Roslyn, NY | Education Institution | $1,650 |
| Bethel Korean Church Irvine, CA | Christian Ministry | $1,200 |
| Korean World Mission Council Anaheim, CA | Christian Ministry | $300 |
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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 | $75,100 | $5,161 | $96,866 | $96,150 | 5 | $96,150 | $5,100 | $5,916 |
| 2023 | $166,805 | $177,715 | $38,561 | $37,950 | 13 | $37,950 | $3,654 | $4,592 |
| 2022 | $27,651 | $120 | $26,941 | $26,880 | 5 | $26,880 | $59 | $2,241 |
| 2021 | $54,472 | $80,063 | $25,661 | $25,100 | 3 | $25,100 | $2 | $1,025 |
| 2020 | $70 | $261 | $891 | — | — | — | — | $13 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work S Peter Chung Family funds
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