The Richard Penjoyan Educational Trust functions primarily as a local scholarship fund, making modest education grants almost exclusively to individual students. Grants are often repeated to the same recipients, suggesting multi-year support for students pursuing secondary or postsecondary education. The foundation’s giving is narrowly focused on direct educational assistance rather than institutional support or program grants.
The Richard Penjoyan Educational Trust operates as a local scholarship fund built around direct aid to individual students. Its recent grants go almost entirely to named people rather than institutions, with awards appearing across multiple years for the same recipients. That pattern points to support that can follow a student through the transition from high school into college and, in some cases, through undergraduate study. In the latest grant records, several students received repeated education awards over time, including Kyra Johnson of Costa Mesa, Adam Walker of Long Beach, Elijah Paschal of Orange, and Micaela Saber of Newport Beach. The trust also includes recipients from Huntington Beach, Irvine, Fountain Valley, and other nearby Orange County communities, reinforcing a narrowly local approach to educational assistance. The trust’s giving is modest in scale and centered on small-to-midsize education grants. The distribution of awards clusters around a few thousand dollars at a time, which fits a scholarship model rather than broad program funding. Recent grants also show that the trust uses education support as its only recorded purpose, with no institutional or program-grant pattern in the data provided.
Education support is the trust’s sole recorded funding area. In 2024, it gave $6,000 to Adam Walker of Long Beach for education, and $6,000 to Elijah Paschal of Orange for education. Those awards sit at the upper end of the recent list and show direct student aid rather than institutional support. The trust also backs students in the middle of college-going transitions. It awarded $5,000 to Kyra Johnson of Costa Mesa in 2025 and the same amount to Micaela Saber of Newport Beach in 2025, both for education. Other 2025 grants include $4,000 to Catlin Sheetz of Huntington Beach and $4,000 to Olivia White of Newport Beach. Several awards suggest support that can repeat across years. Kyra Johnson, Elijah Paschal, and Catlin Sheetz each appear in more than one year in the recent grants list, which is consistent with multi-year scholarship support.
Typical awards cluster tightly around a few thousand dollars: p25 is $3,125, the median is $4,000, and p75 is $5,000. Recent records also include $6,000 awards, but most grants sit near the median. The trust’s 2025 filing shows $124,500 in annual grants given, against total assets of $384,955. The pattern is recurring rather than one-off. Several recipients appear in multiple years, including Kyra Johnson, Elijah Paschal, Adam Walker, Micaela Saber, and Catlin Sheetz. That repeated appearance suggests continuing student support. The trust is an educational trust, funds individuals, and makes no program-related investments.
$125K
$385K
$68K
$51K
Most grants fall between $3K and $5K, with a median of $4K.
25th Percentile
$3K
Median
$4K
75th Percentile
$5K
About 100% of grants go to recipients in CA.
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Distributed across many individual students but concentrated geographically; predominantly small-to-medium cash grants, with several repeat awards to the same recipients indicating ongoing support rather than one-off gifts.
Notable grantees: Kyra Johnson, Adam Walker, Elijah Paschal, Micaela Saber, Lorelei Hobbs
The trust gives locally and all recorded grants in the recent list go to recipients in the United States, with 100% in CA. Orange County cities appear most often, including Costa Mesa, Newport Beach, Huntington Beach, Orange, and Fountain Valley. Long Beach and Irvine also appear among recipient locations. Because the grants are concentrated in nearby communities, the geography looks tightly tied to the foundation’s local scholarship role rather than a broader statewide or national grantmaking footprint.
It funds education support for individuals, especially local students. The recent grant list shows all recorded awards as education grants to named recipients, including repeated support for students over multiple years.
Yes. Several recipients appear in more than one year in the recent grants list, including Kyra Johnson, Elijah Paschal, Adam Walker, Micaela Saber, and Catlin Sheetz. That pattern indicates multi-year support rather than only one-time awards.
Typical awards are modest: p25 is $3,125, the median is $4,000, and p75 is $5,000. The recent list also includes $6,000 awards, but most grants sit in the $3,000 to $5,000 range.
Its giving is local and fully concentrated in California in the recent grant list. Recipient cities include Costa Mesa, Newport Beach, Huntington Beach, Orange, Fountain Valley, Long Beach, and Irvine.
No. The trust is listed as not making program-related investments.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Lorelei Hobbis | Costa Mesa, CA | $5,000 | 2025 | EDUCATION |
| KYRA JOHNSON | COSTA MESA, CA | $5,000 | 2025 | EDUCATION |
| MICAELA SABER | NEWPORT BEACH, CA | $5,000 | 2025 | EDUCATION |
| IAN JAMES | Fountain Valley, CA | $5,000 | 2025 | EDUCATION |
| ISAIAH PASCHAL | ORANGE, CA | $4,000 | 2025 | EDUCATION |
| CATLIN SHEETZ | HUNTINGTON BEACH, CA | $4,000 | 2025 | education |
| OLIVIA WHITE | Newport Beach, CA | $4,000 | 2025 | EDUCATION |
| Anahi Mojic | Newport Beach, CA | $4,000 | 2025 | EDUCATION |
| Bryant Johnson | Fountain Valley, CA | $3,000 | 2025 | EDUCATION |
| Holden Harper | Huntington Beach, CA | $3,000 | 2025 | EDUCATION |
| Antony Santos | Costa Mesa, CA | $3,000 | 2025 | EUDCATION |
| ARTURO TORREZ | Costa Mesa, CA | $3,000 | 2025 | EDUCATION |
| KADIN COPS | Huntington Beach, CA | $2,000 | 2025 | EDUCATION |
| ADAM WALKER | LONG BEACH, CA | $6,000 | 2024 | EDUCATION |
| ELIJAH PASCHAL | ORANGE, CA | $6,000 | 2024 | EDUCATION |
| KYRA JOHNSON | COSTA MESA, CA | $5,000 | 2024 | EDUCATION |
| ISAIAH PASCHAL | ORANGE, CA | $5,000 | 2024 | EDUCATION |
| MICAELA SABER | NEWPORT BEACH, CA | $5,000 | 2024 | EDUCATION |
| LORELEI HOBBS | COSTA MESA, CA | $5,000 | 2024 | EDUCATION |
| REBECCA LI | IRVINE, CA | $4,000 | 2024 | EDUCATION |
| CATLIN SHEETZ | HUNTINGTON BEACH, CA | $4,000 | 2024 | education |
| JAILYN GALLEGOS | COSTA MESA, CA | $4,000 | 2024 | EDUCATION |
| KYRA JOHNSON | COSTA MESA, CA | $5,000 | 2023 | EDUCATION |
| ADAM WALKER | LONG BEACH, CA | $5,000 | 2023 | EDUCATION |
| MICAEB SABER | NEWPORT BEACH, CA | $4,000 | 2023 | EDUCATION |
| ELIJAH PASCHAL | ORANGE, CA | $4,000 | 2023 | EDUCATION |
| JACK MOYER | COSTA MESA, CA | $3,500 | 2023 | EDUCATION |
| OMAR S GONZALEZ | COSTA MESA, CA | $3,000 | 2023 | EDUCATION |
| LORELEI HOBBIS | COSTA MESA, CA | $3,000 | 2023 | EDUCATION |
| DAVID ANTONIO | COSTA MESA, CA | $3,000 | 2023 | EDUCATION |
Lorelei Hobbis
$5,000EDUCATION
KYRA JOHNSON
$5,000EDUCATION
MICAELA SABER
$5,000EDUCATION
IAN JAMES
$5,000EDUCATION
ISAIAH PASCHAL
$4,000EDUCATION
CATLIN SHEETZ
$4,000education
OLIVIA WHITE
EDUCATION
Anahi Mojic
$4,000EDUCATION
Bryant Johnson
$3,000EDUCATION
Holden Harper
$3,000EDUCATION
Antony Santos
$3,000EUDCATION
ARTURO TORREZ
$3,000EDUCATION
KADIN COPS
$2,000EDUCATION
ADAM WALKER
$6,000EDUCATION
ELIJAH PASCHAL
$6,000EDUCATION
KYRA JOHNSON
$5,000EDUCATION
ISAIAH PASCHAL
$5,000EDUCATION
MICAELA SABER
$5,000EDUCATION
LORELEI HOBBS
$5,000EDUCATION
REBECCA LI
$4,000EDUCATION
CATLIN SHEETZ
$4,000education
JAILYN GALLEGOS
$4,000EDUCATION
KYRA JOHNSON
$5,000EDUCATION
ADAM WALKER
$5,000EDUCATION
MICAEB SABER
$4,000EDUCATION
ELIJAH PASCHAL
$4,000EDUCATION
JACK MOYER
$3,500EDUCATION
OMAR S GONZALEZ
$3,000EDUCATION
LORELEI HOBBIS
$3,000EDUCATION
DAVID ANTONIO
$3,000EDUCATION