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Foundations / California

Otefe Foundation Inc

Accepts applications Los Angeles, California · EIN 461628941

Otefe Foundation Inc is a private foundation in Los Angeles, California. In tax year 2024 it gave $315,700 in 180 grants; the typical grant was $2,000 and the largest $10,000. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $356,500 the year before.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$356,5001$7.2 million
2024$315,700180$7.4 million

How to apply

ContactOtefe Foundation Inc
3450 Wilshire Blvd Ste 108-10B, Los Angeles, CA 90010
Phone or email(877) 829-5500
What to submitOtefe.org/apply-for-scholarship/
DeadlinesMay 23, 2025
RestrictionsThe applicants must show: (1) great aptitude and desire to better the korean american communities in the us and/or the korean communities in the republic of korea or elsewhere in the world and (2) financial hardship.

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

Foundation website IRS filings on ProPublica

What Otefe Foundation Inc funds

Where it gives

Its grants went to recipients in 22 states, the most to California.

StateGrantsAmount
California101$186,000
Virginia11$20,000
Texas11$19,500
New York12$17,500
New Jersey8$13,500
Georgia8$13,000
Maryland5$10,500
Illinois6$10,000
Massachusetts3$6,000
Pennsylvania3$3,000

Grants paid in 2024

The 40 largest of 180 grants
RecipientPurposeAmount
Lao Lions Club Foundation
Los Angeles, CA
Donation$10,000
Individual
CA
Scholarship$3,000
Individual
CA
Scholarship$3,000
Individual
CA
Scholarship$3,000
Individual
CA
Scholarship$3,000
Joshua Haean Park
Annandale, VA
Scholarship$3,000
Individual
CA
Scholarship$3,000
Individual
MD
Scholarship$3,000
Spectrum of Hope
Fullerton, CA
Donation$3,000
Andy Eunsoo Park
Covina, CA
Scholarship$2,500
Beomsoo Park
Los Angeles, CA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
GA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
MD
Scholarship$2,500
Individual
NJ
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
VA
Scholarship$2,500
Individual
NY
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
CA
Scholarship$2,500
Individual
GA
Scholarship$2,500
Individual
CA
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
MD
Scholarship$2,000
Individual
MA
Scholarship$2,000
Individual
TX
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
TX
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
IL
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
CA
Scholarship$2,000
Individual
MO
Scholarship$2,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Otefe Foundation Inc accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: May 23, 2025.

How much does Otefe Foundation Inc give?

$315,700 in tax year 2024, across 180 grants, with a typical grant of $2,000.

Who runs Otefe Foundation Inc?

Its 2024 filing lists Richard Kim (Cfo), John Y Kim (Secretary) and Alex Ko (Ceo).

What does Otefe Foundation Inc fund?

Based on its grants, mainly education and environment and conservation.

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