The Kwon Family Foundation
The Kwon Family Foundation is a private foundation, based in Fullerton, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $19K.
Key facts about The Kwon Family Foundation
- EIN
- 33-6293951
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $1,711,577
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+2.1% YoY
Revenue
$46K
+28.4% YoY
Qualifying Distributions
$2K
-69.7% YoY
Expenses
$10K
-28.7% YoY
Under IRS private-foundation payout rules, The Kwon Family Foundation reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.
How The Kwon Family Foundation gives
- In 2025 it paid out 7% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $5K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grants across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,711,577 | $1,676,442 | $1,655,554 |
| Revenue | $45,511 | $35,446 | $35,863 |
| Expenses | $10,376 | $14,558 | $8,846 |
| Qualifying Distributions | $2,125 | $7,006 | $1,850 |
| Net Investment Income | $18,678 | $23,663 | $25,152 |
| Distributable Amount | $31,512 | $29,071 | $25,000 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 22, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
The Kwon Family Foundation is led by Wonmi Kwon, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Wonmi Kwon
Trustee
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 The Kwon Family Foundation
How large is The Kwon Family Foundation?
The Kwon Family Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Kwon Family Foundation operate?
The Kwon Family Foundation has awarded grants in California.
What is The Kwon Family Foundation's EIN?
The Kwon Family Foundation's EIN (Employer Identification Number) is 33-6293951. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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