Chung Family Foundation LTD
Accepts applications
Chung Family Foundation LTD is a private foundation in Potomac, Maryland. In tax year 2024 it gave $10,000 in 3 grants; the typical grant was $3,500 and the largest $6,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$10,000
- Number of grants3
- Typical grant$3,500
- Largest grant$6,000
- Assets$175,854
- New grantees33%
Giving in 2024 was up from $8,000 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $8,000 | 2 | $158,029 |
| 2024 | $10,000 | 3 | $175,854 |
How to apply
| Contact | Chan K Chung 9810 Sorrel Avenue, Potomac, MD 20854 |
|---|---|
| Phone or email | (301) 983-3114 |
| What to submit | No specific form is required, but the application must be typewritten and no more than one double-spaced page. Proof of section 501(c)(3) status must be attached. |
What Chung Family Foundation LTD funds
Where it gives
All of its grants went to recipients in Maryland.
| State | Grants | Amount |
|---|---|---|
| Maryland | 3 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Potomac Presbyterian Church | Charitable care | $6,000 |
| Adventist Healthcare | Charitable medical care | $3,500 |
| Hermon Presbyterian Church | Charitable care | $500 |
Officers and trustees
- Chan K Chung
- Eun H Chung
Questions people ask
Does Chung Family Foundation LTD accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Chung Family Foundation LTD give?
$10,000 in tax year 2024, across 3 grants, with a typical grant of $3,500.
Who runs Chung Family Foundation LTD?
Its 2024 filing lists Chan K Chung (Pres/Dir) and Eun H Chung (Vp/Dir).
What does Chung Family Foundation LTD fund?
Based on its grants, mainly faith communities and health.