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Open Stewardship Foundation EIN 45-3682002

Open Stewardship Foundation

EIN  45-3682002 Private foundation / grantmaker Los Angeles, CA
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Size
$1–10M
What they do
A private foundation based in Los Angeles, CA. It reported about $1.9M in revenue for 2025.
Leadership
Brian Choi · Chairman
Money in and out
$1.9M revenue, $856K expenses
Bottom line
—

A private foundation based in Los Angeles, CA. It reported about $1.9M in revenue for 2025. For fiscal year 2025 it reported $1.9M in revenue, $856K in expenses, and $11.1M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$856K
Pt IX · Ln 25
Net assets
$11.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.0M
Total assets
11.2M
deployed as grants and operations
Grants paid
707K
in FY2025
Grants made
89grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 89 grants · $707K · 2025–2025
Pasadena Community FoundationFY2025$200,000
JeonhamFY2025$50,000
Eastmont Community CenterFY2025$20,000
Good Neighbors USAFY2025$15,000
Circle of Friends in LoveFY2025$15,000
American Wheat (milal) MissionFY2025$15,000
Somang SocietyFY2025$10,000
Shalom Disability MinistriesFY2025$10,000
Shalom Center for Tree of LifeFY2025$10,000
Koreantown Senior & CommunityFY2025$10,000
Korean American Speical EducationFY2025$10,000
Hope Sight Mission AssociationFY2025$10,000
Hanmi Family Counseling CenterFY2025$10,000
Grace Community ServicesFY2025$10,000
Watered Garden MissionFY2025$8,000
Vision Care Service WestFY2025$8,000
Home on the Green PasturesFY2025$7,000
Happy VillageFY2025$7,000
See all 89 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$8K
Median grantPart XV$4K
Largest grantPart XV$200K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$1.9M
FY2025▼ -18%
Expenses
$856K
FY2025▲ +44%
Total assets
$11.2M
FY2025▲ +10%
Total liabilities
$50K
FY2025
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$856K
Pt IX · Ln 25
Net assets
$11.1M
Pt X · Ln 32
Total assetsPt II$11.2M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpen Stewardship Foundation
EINHdr · item D45-3682002
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.openstewardship.com
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFJul 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Brian Choi
Chairman
$0Pt VII · Sec A
Min J Kim
Vice Chairma
$0Pt VII · Sec A
SUNY Chung
Director
$0Pt VII · Sec A
John Y Byon
Director
$0Pt VII · Sec A
Soh Yun Park
Director
$0Pt VII · Sec A
Jae Park
Director
$0Pt VII · Sec A
Sang K Oh
President &
$0Pt VII · Sec A
$0Pt VII · Sec A
See Open Stewardship Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$1.9M
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.83 Operating & administrative $0.17
Grants & contributions paid83%$707K
Operating & administrative17%$149K
Total functional expensesLn 25$856K

Balance Sheet

Part X · end of year
CashLn 1$11.2M
Total assetsLn 16$11.2M
Total liabilitiesLn 26$50K
Total net assetsLn 32$11.1M
Months of cash on handcomputed156.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $11.2M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $1.9M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $1.9M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $2.3M
-18%
Revenue CAGR
FY2020 $1.4M · FY2025 $1.9M
+5%
Net-asset trend (YoY)
End of year $11.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $856K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $11.2M
—
Net-asset ratio
Net assets $11.1M · Total assets $11.2M
100%
People & payroll
Highest Reported Total Compensation
Individual Brian Choi · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $856K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -18%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.9M revenue · viewing · ⤓ 990 PDF
FY2024$2.3M revenue · ⤓ 990 PDF
FY2023$3.3M revenue · ⤓ 990 PDF
FY2022$2.8M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$1.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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