Chu Family Foundation
Chu Family Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.1M in total assets. In 2024, it awarded 6 grants totaling $2.3M. Net investment income was $2.6M.
Key facts about Chu Family Foundation
In short: Chu Family Foundation gave $2.3M across 6 grants in 2024 (avg $389K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- EIN
- 81-0894741
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,335,417
- Grants made (2024)
- 6
- Average grant
- $389,236
- Median grant
- $294,135
- Total assets
- $24,079,393
- Primary geography
- Massachusetts (71% 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
$24.1M
+9.4% YoY
Annual Giving
$2.3M
-12.5% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$389K
-27.1% YoY
Under IRS private-foundation payout rules, Chu Family Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
How Chu Family Foundation gives
- Giving grew 69% from 2021 to 2024. Method
- In 2024 it paid out 129% of 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
Share of 2024 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2021) to $2.7M (2023). In 2024 it made 6 grants totaling $2.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Harvard College ($1.3M). Together the top 6 received $2.3M.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 6 grants of 25 (24%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harvard College Cambridge, MA | To educate the citizens and citizen-leaders for our society. | $1,257,532 |
| Partners in Health Boston, MA | To provide a preferential option for the poor in health care. | $404,494 |
| Columbia University New York, NY | Support professor tanya zelevinsky's project titled "a second generation sr2 molecular lattice clock." | $400,000 |
| Museum of Chinese in America New York, NY | To telling the untold stories of the making of America through the lens of the chinese American experience. | $188,269 |
| University of Toronto | To build strong partnerships in and outside the university to attract world class faculty and staff who contribute to the excellence that defines this institution | $60,122 |
| University of Illinois Foundation Champaign, IL | To build upon its rich history of excellence in teaching, research, public service and economic devt | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,079,393 | $22,008,421 | $19,724,382 |
| Revenue | $7,239,980 | $5,106,894 | $3,132,077 |
| Expenses | $2,920,202 | $3,100,748 | $2,913,824 |
| Qualifying Distributions | $2,335,417 | $2,668,525 | $2,665,142 |
| Net Investment Income | $2,589,690 | $2,225,472 | $1,371,387 |
| Distributable Amount | $1,810,292 | $1,543,470 | $1,439,170 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Chu Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Arthur P. Chu
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jariya Wanapun
Trustee
On filings since 2020
1 hr/week
No compensation reported
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 $2.3M across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.7M across 5 grants.
What is Chu Family Foundation's typical grant size?
Chu Family Foundation's median grant in 2024 was $294,135, and its average grant was $389,236, across 6 grants on its 2024 IRS Form 990-PF.
Where does Chu Family Foundation give grants?
Chu Family Foundation gives mostly in Massachusetts: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (25%). The most frequent recipient cities were New York, NY (2 grants).
Does Chu Family Foundation give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Chu Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Chu Family Foundation's largest grantees?
Chu Family Foundation's largest 2024 grantees include Harvard College ($1,257,532), Partners in Health ($404,494) and Columbia University ($400,000), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is Chu Family Foundation?
Chu Family Foundation reported $24.1M in total assets on its 2024 IRS Form 990-PF. It paid out $2.3M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
What is Chu Family Foundation's EIN?
Chu Family Foundation's EIN (Employer Identification Number) is 81-0894741. 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.
Here's the math on researching Chu Family Foundation by hand.
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