Grace and Li Yu Family Foundation
The Grace and Li Yu Family Foundation is a private foundation based in Los Angeles, California. The foundation operates as a grantmaking organization supporting charitable purposes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+10.2% YoY
Annual Giving
$829K
+80.2% YoY
Grant Count
62
+1.6% YoY
Avg Grant Size
$13K
+77.3% YoY
Under IRS private-foundation payout rules, Grace and Li Yu Family Foundation reported a distributable amount of $339K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports charitable purposes with demonstrated giving across diverse areas including:
- Breast cancer research
- Nursing facilities and healthcare
- Animal welfare and protection
- General charitable causes
Grantmaking
The foundation makes grants to qualified nonprofits and charitable organizations. Recent documented grants include:
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Geographic Focus
Where this funder awards grants
The foundation is based in Los Angeles, California and appears to support organizations operating in California and beyond.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $6,352,692
- Total Giving: $460,298
- EIN: 81-3822395
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,997,743 | $6,352,692 | $5,554,872 |
| Revenue | $1,486,670 | $1,268,098 | $1,414,495 |
| Expenses | $841,619 | $470,278 | $1,045,520 |
| Qualifying Distributions | $839,245 | $466,138 | $1,037,303 |
| Net Investment Income | $453,076 | $166,690 | $243,982 |
| Distributable Amount | $338,560 | $258,243 | $277,387 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ibps Dba Hsi Lai Temple ($202,000), Grammy Museum Foundation Inc ($187,500), Huntington Memorial Hospital Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PANDA CARES FOUNDATION ROSEMEAD, CA | CHARITABLE PURPOSE | $14,000 |
| UCLA MEDICAL HOSPITALITY PROGRAM FUND LOS ANGELES, CA | CHARITABLE PURPOSE | $17,400 |
| AMERICAN ACTION FUND TARZANA, CA | CHARITABLE PURPOSE | $600 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | CHARITABLE PURPOSE | $400 |
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | CHARITABLE PURPOSE | $100 |
| AMERICAN NATIONAL RED CROSS WASHINGTON, DC | CHARITABLE PURPOSE | $2,015 |
| AMERICARES FOUNDATION INC STAMFORD, CT | CHARITABLE PURPOSE | $3,000 |
| BRAILLE INSTITUTE LOS ANGELES, CA | CHARITABLE PURPOSE | $500 |
| CAL FARLEYS BOYS RANCH AMARILLO, TX | CHARITABLE PURPOSE | $1,000 |
| CHRISTIAN APPALACHIAN PROJECT INC MOUNT VERNON, KY | CHARITABLE PURPOSE | $900 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GRACE YU | CEO | — | — |
| LI YU | CFO/SECRETARY | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been recognized as a funder of charitable organizations in the Los Angeles area, appearing in directories of foundations supporting breast cancer research and nursing facilities in California.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Grace and Li Yu Family Foundation fund?
The foundation supports charitable purposes with demonstrated giving across diverse areas including: • Breast cancer research • Nursing facilities and healthcare • Animal welfare and protection • General charitable causes
How do I apply for a grant from Grace and Li Yu Family Foundation?
**Financial Capacity:** • Total assets: $6,352,692 • Total giving: $460,298 (most recent fiscal year) **Grant Activity:** The foundation makes grants to qualified nonprofits and charitable organizations. Recent documented grants include: • $500 to Second Chances For Blind Dogs Foundation (2023) for charitable purposes
Where does Grace and Li Yu Family Foundation make grants?
The foundation is based in Los Angeles, California and appears to support organizations operating in California and beyond.
What size grants does Grace and Li Yu Family Foundation award?
In 2024, Grace and Li Yu Family Foundation awarded 62 grants totaling $829K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Grace and Li Yu Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace and Li Yu Family Foundation reported a distributable amount of $339K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace and Li Yu Family Foundation's EIN?
Grace and Li Yu Family Foundation's EIN (Employer Identification Number) is 81-3822395. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace and Li Yu Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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