OTEFE Foundation Inc
EIN 461628941Total Given 2016–2024
$2.6M
186 grants · $294K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$2K
typical micro grants · $1K–$2K
grant size
0%
transactional · single-year
repeat
$7.4M
Assets (2024)
186
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
OTEFE FOUNDATION INC
Phone
(877) 829-5500
Deadlines
JUNE 15, 2021
How to Apply
OTEFE.ORG/APPLY-FOR-SCHOLARSHIP/
Restrictions
THE APPLICANTS MUST SHOW: (1) GREAT APTITUDE AND DESIRE TO BETTER THE KOREAN AMERICAN COMMUNITIES IN THE US AND/OR THE KOREAN COMMUNITIES IN THE REPUBLIC OF KOREA OR ELSEWHERE IN THE WORLD AND (2) FINANCIAL HARDSHIP.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $416K | $8.1M | $275K | 1 |
| 2017 | $401K | $8.4M | $375K | 1 |
| 2018 | $424K | $7.8M | $275K | 1 |
| 2019 | N/A | $8.2M | $437K | N/A |
| 2020 | $406K | $8.3M | $550K | 1 |
| 2022 | $325K | $6.8M | $-194K | 1 |
| 2023 | $356K | $7.2M | $-156K | 1 |
| 2024 | $316K | $7.4M | $332K | 180 |
Grant Size Distribution
Based on 186 grants on record
Minimum
$200
25th Pctl
$1K
Median
$2K
Average
$14K
75th Pctl
$2K
Maximum
$424K
Geographic Distribution
Officers & Directors
AK
Alex Ko
Ceo
Leadership
RK
Richard Kim
Cfo
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
AK
Alex Ko
Chief Executive Officer
RK
Richard Kim
Chief Financial Officer
JK
John Y Kim
Secretary
Leadership
Grants Awarded (186 total)
| Purpose | ||||
|---|---|---|---|---|
| Grants Paid in 2018 (See Attached Schedule) | Los Angeles, CA | $424,000 | TO ASSIST FINANCIALLY NEEDY KOREAN AMERICAN STUDENTS, OVERSEAS KOREAN STUDENTS AND OTHER STUDENTS WHO SHOW A STRONG... | 2018 |
| Grants Paid in 2016 (See Attached Schedule) | Los Angeles, CA | $416,000 | TO ASSIST FINANCIALLY NEEDY KOREAN AMERICAN STUDENTS, OVERSEAS KOREAN STUDENTS AND OTHER STUDENTS WHO SHOW A STRONG... | 2016 |
| Grants Paid in 2020 (See Attached Schedule) | Los Angeles, CA | $405,700 | TO ASSIST FINANCIALLY NEEDY KOREAN AMERICAN STUDENTS, OVERSEAS KOREAN STUDENTS AND OTHER STUDENTS WHO SHOW A STRONG... | 2020 |
| Grants Paid in 2017 (See Attached Schedule) | Los Angeles, CA | $401,000 | TO ASSIST FINANCIALLY NEEDY KOREAN AMERICAN STUDENTS, OVERSEAS KOREAN STUDENTS AND OTHER STUDENTS WHO SHOW A STRONG... | 2017 |
| Grants Paid in 2023 (See Attached Schedule) | Los Angeles, CA | $356,500 | TO ASSIST FINANCIALLY NEEDY KOREAN AMERICAN STUDENTS, OVERSEAS KOREAN STUDENTS AND OTHER STUDENTS WHO SHOW A STRONG... | 2023 |
| Grants Paid in 2022 (See Attached Schedule) | Los Angeles, CA | $325,000 | TO ASSIST FINANCIALLY NEEDY KOREAN AMERICAN STUDENTS, OVERSEAS KOREAN STUDENTS AND OTHER STUDENTS WHO SHOW A STRONG... | 2022 |
| Lao Lions Club Foundation | Los Angeles, CA | $10,000 | DONATION | 2024 |
| Ethan Choi | Los Angeles, CA | $3,000 | SCHOLARSHIP | 2024 |
| Hayoung Ahn | Los Angeles, CA | $3,000 | SCHOLARSHIP | 2024 |
| Joanna G Choi | La Palma, CA | $3,000 | SCHOLARSHIP | 2024 |
| Joseph Jungkyu Choi | Fullerton, CA | $3,000 | SCHOLARSHIP | 2024 |
| Joshua Haean Park | Annandale, VA | $3,000 | SCHOLARSHIP | 2024 |
| Joyce Cho | Rowland Heights, CA | $3,000 | SCHOLARSHIP | 2024 |
| Yeoung Eun Kim | Baltimore, MD | $3,000 | SCHOLARSHIP | 2024 |
| Spectrum of Hope | Fullerton, CA | $3,000 | DONATION | 2024 |
| Andy Eunsoo Park | Covina, CA | $2,500 | SCHOLARSHIP | 2024 |
| Beomsoo Park | Los Angeles, CA | $2,500 | SCHOLARSHIP | 2024 |
| Chong Sook Lim | Sacramento, CA | $2,500 | SCHOLARSHIP | 2024 |
| Chris Lee | Buford, GA | $2,500 | SCHOLARSHIP | 2024 |
| Ellie Yum | Los Angeles, CA | $2,500 | SCHOLARSHIP | 2024 |
| Eun Ji Yang | Los Angeles, CA | $2,500 | SCHOLARSHIP | 2024 |
| Gina Mijin Kim | Los Angeles, CA | $2,500 | SCHOLARSHIP | 2024 |
| Hye-Eun Kong | Ellicott City, MD | $2,500 | SCHOLARSHIP | 2024 |
| Injoon Baek | Tenafly, NJ | $2,500 | SCHOLARSHIP | 2024 |
| Jacob Kwon | Los Angeles, CA | $2,500 | SCHOLARSHIP | 2024 |