The Kwon Family Foundation

Private foundation · Grantmaker Fullerton, CA EIN: 33-6293951

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

1state

States

Cities

Los Angeles

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024 0 grants2025

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

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 22, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  3. 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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