Taeyoung & Hwaja Choi Foundation is a private foundation focused on Religion Related, based in WALNUT, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $325K in total assets. In 2024, it awarded 4 grants totaling $23K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$325K
-8.2% YoY
Annual Giving
$23K
-20.7% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$6K
-20.7% YoY
Under IRS private-foundation payout rules, Taeyoung & Hwaja Choi Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Taeyoung & Hwaja Choi Foundation
Based on IRS filings
Taeyoung & Hwaja Choi Foundation is a private foundation focused on Religion Related, based in WALNUT, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $325K in total assets. In 2024, it awarded 4 grants totaling $23K. Net investment income was $9K.
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 | $324,986 | $354,106 | $376,801 |
| Revenue | $9,246 | $6,905 | $15,988 |
| Expenses | $38,366 | $29,600 | $18,638 |
| Qualifying Distributions | $23,000 | $29,000 | $18,000 |
| Net Investment Income | $9,246 | $6,905 | $1,388 |
| Distributable Amount | $16,067 | $17,903 | $18,561 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Korean Evangelical Zion Church ($13,000), Saipan Evangelical Church ($8,000), The Great Mission & Commandment Cen ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SAIPAN EVANGELICAL CHURCH FINA SISU, MP | MISSION | $8,000 |
| KOREAN EVANGELICAL ZION CHURCH LOS ANGELES, CA | MISSION | $13,000 |
| THE GREAT MISSION & COMMANDMENT CEN BUENA PARK, CA | MISSION | $1,500 |
| KOREAN EVANGELICAL CHURCH OF AMERIC LOS ANGELES, CA | MISSION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID H CHOI | PRESIDENT | — | — |
| TAEYOUNG CHOI | SECRETARY | — | — |
| HWAJA CHOI | CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Taeyoung & Hwaja Choi Foundation?
Taeyoung & Hwaja Choi Foundation is a private foundation focused on Religion Related, based in WALNUT, CA. It holds $325K in total assets as of 2024.
How large is Taeyoung & Hwaja Choi Foundation?
As of 2024, Taeyoung & Hwaja Choi Foundation holds $325K in total assets with $9K in annual revenue. It awarded 4 grants totaling $23K in 2024.
Where does Taeyoung & Hwaja Choi Foundation operate?
Taeyoung & Hwaja Choi Foundation has awarded grants in California, Missouri, Mp.
What size grants does Taeyoung & Hwaja Choi Foundation award?
In 2024, Taeyoung & Hwaja Choi Foundation awarded 4 grants totaling $23K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Taeyoung & Hwaja Choi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Taeyoung & Hwaja Choi Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Taeyoung & Hwaja Choi Foundation's EIN?
Taeyoung & Hwaja Choi Foundation's EIN (Employer Identification Number) is 27-4632731. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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