Paek Family Foundation
- Assets
- $2.2m
- Revenue
- $203.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- Data as of
- 12/2023
- EIN
- 87-4086196
Organization Overview
Paek Family Foundation is located in Dallas, TX. According to its NTEE Classification (F99) the organization is classified as: Mental Health & Crisis Intervention N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paek 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 12/2023, Paek Family Foundation generated $203.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (62.9%) each year.
Since 2022, Paek Family Foundation has awarded 19 individual grants totaling $12,475,334. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,089 |
| Dividends & Interest | $201,544 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $203,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,830 |
| Total operating and administrative expenses | $7,830 |
| Contributions, gifts, grants paid | $5,194,031 |
| Total expenses and disbursements | $5,201,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229 |
| Savings and temporary cash investments | $2,239,316 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,239,545 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Paek Family Foundation has awarded $5,194,031 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCH OF SCIENTOLOGY FLAG SERVICE ORG PURPOSE: PROGRAM SUPPORTING | $131,735 |
CHURCH OF SCIENTOLOGY CELEBRITY CTR INT PURPOSE: PROGRAM SUPPORTING | $103,800 |
DELPHIAN SCHOOL PURPOSE: PROGRAM SUPPORTING | $2,500 |
UNITED STATES IAS MEMBERS TRUST PURPOSE: PROGRAM SUPPORTING | $4,562,500 |
CITIZENS COMMISSION ON HUMAN RIGHTS PURPOSE: PROGRAM SUPPORTING | $50,000 |
THE ALS ASSOCIATION PURPOSE: PROGRAM SUPPORTING | $50,000 |