Chu Family Foundation

Private foundation · Grantmaker Skillman, NJ EIN: 45-1501065

Chu Family Foundation is a private foundation, based in Skillman, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $644 in total assets. In 2024, it awarded 2 grants totaling $3K.

Key facts about Chu Family Foundation

In short: Chu Family Foundation gave $3K across 2 grants in 2024 (avg $1K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
45-1501065
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,800
Grants made (2024)
2
Average grant
$1,400
Median grant
$1,400
Total assets
$644
Primary geography
New Jersey (89% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$644

-71.4% YoY

Annual Giving

$3K

-19.5% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$1K

-59.7% YoY

Under IRS private-foundation payout rules, Chu Family Foundation reported a distributable amount of $32 for 2024 — the minimum it must pay out in qualifying distributions.

How Chu Family Foundation gives

  • Giving fell 36% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

PrincetonRochester

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K1 grant2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $217 (2020) to $4K (2021). In 2024 it made 2 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Stone Hill Church: $3KStone Hill Church$3KUniversity of Rochester: $300University of Rochester$300

The largest 2024 recipient was Stone Hill Church ($3K). Together the top 2 received $3K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Stone Hill Church Princeton, NJCharitable$2,500
University of Rochester Rochester, NYCharitable$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$644$2,251$28,664
Revenue$1,192$18,028$15,074
Expenses$2,800$4,441$44,498
Qualifying Distributions$2,800$3,478$4,100
Net Investment Income—$88$282
Distributable Amount$32$110$915

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Chu Family Foundation is led by Wei Chu, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Wei Chu

    President

    On filings since 2020

    No compensation reported

  • Aijun Chu

    Vice President

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Fang Xun Zhou (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Chu Family Foundation

How much does Chu Family Foundation give each year?

Chu Family Foundation gave $3K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3K across 1 grant.

How large is Chu Family Foundation?

Chu Family Foundation reported $644 in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $32 (roughly 5% of its investment assets).

Where does Chu Family Foundation operate?

Chu Family Foundation has awarded grants in New Jersey, New York.

What is Chu Family Foundation's EIN?

Chu Family Foundation's EIN (Employer Identification Number) is 45-1501065. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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