Paek Family Foundation
Preselected recipients only
Paek Family Foundation is a private foundation in Irving, Texas. In tax year 2024 it gave $2.9 million in 12 grants; the typical grant was $50,000 and the largest $2.2 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.9 million
- Number of grants12
- Typical grant$50,000
- Largest grant$2.2 million
- Assets$0
- New grantees58%
Giving in 2024 was down from $5.2 million the year before.
58% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $5.2 million | 8 | $0 |
| 2024 | $2.9 million | 12 | $0 |
How to apply
Paek Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Paek Family Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 7 | $2.7 million |
| Florida | 1 | $63,750 |
| Texas | 1 | $50,650 |
| Colorado | 1 | $50,000 |
| Oregon | 1 | $10,000 |
| New York | 1 | $5,005 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| United States IAS Members Trust | program supporting | $2.2 million |
| Church of Scientology | program supporting | $317,897 |
| American Saint Hill Organization | program supporting | $115,250 |
| Church of Scientology Flag Service Org | program supporting | $63,750 |
| Church of Scientology Dallas | program supporting | $50,650 |
| Citizens Commission on Human Rights | program supporting | $50,000 |
| Love Button | program supporting | $50,000 |
| Augies Quest | program supporting | $50,000 |
| Irvine Woori Baptist Church | program supporting | $40,000 |
| Delphian School | program supporting | $10,000 |
| World Institute of Scientology Ente | program supporting | $6,000 |
| Helpusadoptorg | program supporting | $5,005 |
Officers and trustees
- Richard Paek
Questions people ask
Does Paek Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Paek Family Foundation give?
$2.9 million in tax year 2024, across 12 grants, with a typical grant of $50,000.
Who runs Paek Family Foundation?
Its 2024 filing lists Richard Paek (President).
What does Paek Family Foundation fund?
Based on its grants, mainly faith communities.