S Peter Chung Family
S Peter Chung Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About S Peter Chung Family
Based on IRS filings
S Peter Chung Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
Ready to take the next step with S Peter Chung Family?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Global Medical Mission Alliance ($55,000), United Board for Christian Higher ($38,000), Severance Alumni Association Inc ($1,650).
| Recipient | Purpose | Amount |
|---|---|---|
| BETHEL KOREAN CHURCH IRVINE, CA | CHRISTIAN MINISTRY | $1,200 |
| GLOBAL MEDICAL MISSION ALLIANCE FOUNTAIN VALLEY, CA | MEDICAL/CHRISTIAN MINISTRY | $55,000 |
| KOREAN WORLD MISSION COUNCIL ANAHEIM, CA | CHRISTIAN MINISTRY | $300 |
| SEVERANCE ALUMNI ASSOCIATION INC ROSLYN, NY | EDUCATION INSTITUTION | $1,650 |
| UNITED BOARD FOR CHRISTIAN HIGHER NEWY YORK, NY | EDUCATIONAL ORGANIZATION | $38,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SOO YOUNG CHUNG | PRESIDENT/DI | — | — |
| MYUNGSOOK CHUNG | SECRETARY/DI | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is S Peter Chung Family?
S Peter Chung Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. It holds $75K in total assets as of 2024.
How large is S Peter Chung Family?
As of 2024, S Peter Chung Family holds $75K in total assets with $5K in annual revenue. It awarded 5 grants totaling $96K in 2024.
Where does S Peter Chung Family operate?
S Peter Chung Family has awarded grants in California, Florida, Georgia, Hawaii, New York, Texas.
What size grants does S Peter Chung Family award?
In 2024, S Peter Chung Family awarded 5 grants totaling $96K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is S Peter Chung Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, S Peter Chung Family reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in S Peter Chung Family's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.