Eugene And Carol Choi Family Foundation

Organization Overview

Eugene And Carol Choi Family Foundation is located in Irvine, CA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eugene And Carol Choi Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Eugene And Carol Choi Family Foundation generated $107.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $174.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Eugene And Carol Choi Family Foundation has awarded 38 individual grants totaling $1,405,854. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Eugene Choi
President
$0
Carol Choi
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9
Dividends & Interest $18,738
Net Rental Income$0
Net Gain on Sale of Assets $88,557
Capital Gain Net Income $88,557
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $107,304

Grants Awarded

Over the last fiscal year, Eugene And Carol Choi Family Foundation has awarded $169,608 in support to 6 organizations.

Grant RecipientAmount

UCI FOUNDATION

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION - TO RAISE AND MANAGE PRIVATE FUNDS TO SUPPORT UCI'S BROADER MISSION OF EXCELLENCE IN TEACHING, RESEARCH AND PUBLIC SERVICE.

$75,200

ARMONIA MUSIC GROUP

Org PageRecipient Profile

Cypress, CA

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION - TO ENSURE A FAIR AND TRANSPARENT COMPENSATION FOR AUTHORS IN THE ONLINE MUSIC INDUSTRY THROUGH EXTENSIVE MUSIC LICENSING EXPERTISE AND INNOVATIVE TECHNOLOGY.

$49,000

Irvine, CA

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION - INSPIRES, ENGAGES AND SERVES ORANGE COUNTY AND THE REGION THROUGH EXCEPTIONAL MUSIC PERFORMANCES, AND EDUCATION AND COMMUNITY PROGRAMMING.

$22,000

Cypress, CA

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION - PROMOTING "WELL-BEING, WELL-AGING, AND WELL-DYING." CAMPAIGNS PREPARING INDIVIDUALS FOR DEATH.

$20,000

COUNCIL OF KOREAN AMERICAN

Org PageRecipient Profile

Washington, DC

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION - TO ADVANCE THE NATIONAL VOICE AND INFLUENCE OF THE KOREAN AMERICAN COMMUNITY THROUGH COLLABORATION AND LEADERSHIP DEVELOPMENT.

$3,258

YMCA

PURPOSE: SUPPORT THE MISSION OF THE ORGANIZATION - TO STRENGTHENING COMMUNITY BY CONNECTING ALL PEOPLE TO THEIR POTENTIAL, PURPOSE AND EACH OTHER.

$150
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