The Shemastella Foundation is a private family foundation established in California in 2007. Based in Irvine, California, the foundation operates with a focus on charitable giving across multiple sectors including Catholic missions, education, and disability services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.6M
+4.6% YoY
Annual Giving
$878K
+34.2% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$49K
+11.9% YoY
Under IRS private-foundation payout rules, Shemastella Foundation reported a distributable amount of $352K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Catholic missions
- Charitable contributions
- Education seminar contributions
- Disabilities education
Grantmaking
The foundation made 14 grants in 2024, with recent awards including:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in California, Maryland, and Texas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,615,615
- Total Revenues: $1,471,796
- Total Expenses: $1,099,783
- Number of Employees: 0
EIN: 65-1320584
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,615,615 | $8,236,843 | $8,757,754 |
| Revenue | $1,471,796 | $180,492 | $10,133,316 |
| Expenses | $1,099,783 | $701,403 | $1,451,673 |
| Qualifying Distributions | $877,800 | $653,900 | $1,451,673 |
| Net Investment Income | $484,496 | $30,492 | $28,766 |
| Distributable Amount | $352,146 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sisters of Mary World Villages for ($500,000), Korea Hope Foundation ($163,500), The Sisters of the Society of Our ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHARITABLE FOUNDATION OF AFRICAN CA TORRANCE, CA | CATHOLIC MISSION | $12,600 |
| CHRISTUS RETREAT WESTMINSTER, CA | CATHOLIC MISSION | $25,000 |
| DOSAN MEMORIAL FOUNDATION OF AMERIC CERRITOS, CA | TO HONOR KOREAN INDEPENDENCE ACTIVIS | $13,000 |
| ST JOHN THE EVANGELIST CATHOLIC CH CLINTON, MD | MEDICAL MISSION | $10,000 |
| GRACE KOREAN CHURCH FULLERTON, CA | CHRISTIAN MISSION | $3,000 |
| HOME ON THE GREEN PLEASURES TUSTIN, CA | REFUGE FOR MOTHER & CHILDREN (VICTIM | $30,000 |
| KOREAN AMERICAN FOUNDATION LOS ANGELES, CA | SUPPORT KOREAN-AMERICAN COMMUNITY | $5,000 |
| KOREAN AMERICAN SPECIAL EDUCATION ANAHEIM, CA | DISABILITIES EDUCATION | $6,200 |
| KOREAN CATHOLIC CURSILLA MOVEMENT BUENA PARK, CA | CATHOLIC MISSION | $2,000 |
| KOREA HOPE FOUNDATION IRVINE, CA | CHARITABLE CONTRIBUTION | $163,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Ki Hong Park serves as President of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KI HONG PARK | PRESIDENT | — | — |
| TIMOTHY PARK | SECRETARY | — | — |
Contact Information
Address: 10 Corporate Park Suite 305, Irvine, CA 92606-3100
Telephone: 714-981-4334
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Shemastella Foundation fund?
The foundation's primary funding interests include: • Catholic missions • Charitable contributions • Education seminar contributions • Disabilities education
How do I apply for a grant from Shemastella Foundation?
**Grant Activity & Amounts:** The foundation made 14 grants in 2024, with recent awards including: • St Thomas Korean Catholic Center: $20,000 (Catholic Mission) • Korean Martyrs Catholic Center: $10,000 (Catholic Mission) • Korean American Special Education Center: $6,200 (Disabilities Education) Total giving in 2024 was $877,800, with typical award ranges between $1,000 and $1,000,000.
Where does Shemastella Foundation make grants?
The foundation primarily funds organizations in California, Maryland, and Texas.
What size grants does Shemastella Foundation award?
In 2024, Shemastella Foundation awarded 18 grants totaling $878K — an average of about $49K per grant, based on its IRS Form 990 filings.
How much is Shemastella Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shemastella Foundation reported a distributable amount of $352K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shemastella Foundation's EIN?
Shemastella Foundation's EIN (Employer Identification Number) is 65-1320584. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shemastella Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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