Funder DirectoryOTEFE FOUNDATION INC
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Private foundation (trust)EIN 461628941Est. 2013-08

OTEFE FOUNDATION INC

LOS ANGELES, CA 90010

Accepts unsolicited proposals

Total Assets

$7.4M

FY 2024

Annual Giving

$316K

FY 2024

Grants Made

180

FY 2024

Avg Grant

$2K

FY 2024

Grant Range

$200–$10K

Typical

Deadlines

MAY 23, 2025

Applications

Programs & Activities

Program 1

$316K

Otefe foundation assists korean american students, overseas korean students and other students who are faced with financial hardships to pursue education.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$332K

Total Expenses

$360K

Qualifying Distributions

$341K

Distributable Amount

$358K

Min. Investment Return

$362K

Payout rate 95%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.95%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

180 grants

Grant sizes from minimum $200 through median $2K to maximum $10K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $406K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

183 grants

GRANTS PAID IN 2020 (SEE ATTACHED SCHEDULE)
$406K
1 grant
GRANTS PAID IN 2023 (SEE ATTACHED SCHEDULE)
$357K
1 grant
GRANTS PAID IN 2022 (SEE ATTACHED SCHEDULE)
$325K
1 grant
LAO LIONS CLUB FOUNDATION
$10K
1 grant
ETHAN CHOI
$3K
1 grant
JOSEPH JUNGKYU CHOI
$3K
1 grant
JOSHUA HAEAN PARK
$3K
1 grant
SPECTRUM OF HOPE
$3K
1 grant

Grant Size Distribution

183 grants

<$10K
180
grants
$10–50K
$50–250K
$250K–1M
3
grants
$1–5M
$5M+

Geographic Focus

22 states

California
$1.3M
91% of total
Virginia
$20K
1% of total
Texas
$20K
1% of total
New York
$18K
1% of total
New Jersey
$14K
1% of total
Georgia
$13K
1% of total
Maryland
$11K
1% of total
Illinois
$10K
1% of total
Massachusetts
$6K
0% of total
Pennsylvania
$3K
0% of total

+12 more states

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