The Treasure Foundation

Private foundation · Grantmaker Irvine, CA EIN: 83-2919959

The Treasure Foundation is a private foundation, based in Irvine, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.0M in total assets. In 2024, it awarded 1 grant totaling $1.8M. Net investment income was $1.6M.

The Treasure Foundation at a glance

In short: The Treasure Foundation gave $1.8M across 1 grant in 2024 (avg $1.8M), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,800,000
+22.4% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$1,800,000
+22.4% vs 2023
Median grant
$1,800,000
Total assets
$34,017,515
-0.0% vs 2023
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Treasure Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Boa Charitable Gift Fund: $1.8MBoa Charitable Gift Fund$1.8M

The largest 2024 recipient was Boa Charitable Gift Fund ($1.8M).

Grant Size Distribution

7 grants across all recorded years

1<$50K1$50–100K$100–250K1$250–500K1$500K–1M3$1–5M$5M+

The most common grant size was in the $1–5M range: 3 grants of 7 (43%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

BostonVirginia Beach

How The Treasure Foundation gives

  • Giving grew 177% from 2021 to 2024. Method
  • In 2024 it paid out 91% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2020 1 grant2021 2 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $52K (2020) to $2.4M (2022). In 2024 it made 1 grant totaling $1.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Boa Charitable Gift Fund Boston, MACharitable Donation$1,800,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$34,017,515$1,722,105$1,977,338$1,800,0001$1,800,000$1,578,017$1,970,850
2023$34,020,978$1,334,024$1,624,252$1,470,0001$1,470,000$1,222,323$1,784,558
2022$34,107,077$-649,372$2,587,484$2,427,9112$2,427,911$569,277$1,868,615
2021$37,323,788$873,486$859,734$650,0001$673,853$687,605$2,061,040
2020$37,302,115$34,388,113$118,573$52,4002—$326,342$648,064

Under IRS private-foundation payout rules, The Treasure Foundation reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Treasure Foundation is led by Jehong Jeon, CEO on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Jehong Jeon

    CEO

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Treasure Foundation

How much does The Treasure Foundation give each year?

The Treasure Foundation gave $1.8M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.5M across 1 grant.

How large is The Treasure Foundation?

The Treasure Foundation reported $34.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $2.0M (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 Treasure Foundation operate?

The Treasure Foundation has awarded grants in Massachusetts, Virginia.

What is The Treasure Foundation's EIN?

The Treasure Foundation's EIN (Employer Identification Number) is 83-2919959. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in The Treasure Foundation's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Treasure Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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