Biao & June Lu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $353K in total assets. In 2024, it awarded 1 grants totaling $1K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$353K
-11.2% YoY
Annual Giving
$1K
-60.0% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$1K
-20.0% YoY
Under IRS private-foundation payout rules, Biao & June Lu Foundation reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Biao & June Lu Foundation
Based on IRS filings
Biao & June Lu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $353K in total assets. In 2024, it awarded 1 grants totaling $1K. Net investment income was $52K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $353,314 | $397,745 | $534,424 |
| Revenue | $52,064 | $19,706 | $435 |
| Expenses | $110,462 | $129,111 | $87,896 |
| Qualifying Distributions | $110,140 | $128,194 | $86,797 |
| Net Investment Income | $51,742 | $19,683 | $10,189 |
| Distributable Amount | $36,200 | $37,136 | $46,615 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jehavah Witnesses ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Jehavah Witnesses Wallkill, NY | Charitable | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BIAO LU | CEO | 2 | — |
| JUNE SHEN | CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Biao & June Lu Foundation?
Biao & June Lu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. It holds $353K in total assets as of 2024.
How large is Biao & June Lu Foundation?
As of 2024, Biao & June Lu Foundation holds $353K in total assets with $52K in annual revenue. It awarded 1 grants totaling $1K in 2024.
Where does Biao & June Lu Foundation operate?
Biao & June Lu Foundation has awarded grants in California, Kansas, North Carolina, New York.
What size grants does Biao & June Lu Foundation award?
In 2024, Biao & June Lu Foundation awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Biao & June Lu Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Biao & June Lu Foundation reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Biao & June Lu Foundation's EIN?
Biao & June Lu Foundation's EIN (Employer Identification Number) is 26-1367852. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Biao & June Lu Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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