Iris & Douglas Tu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+22.1% YoY
Annual Giving
$25K
-10.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$25K
-10.7% YoY
Under IRS private-foundation payout rules, Iris & Douglas Tu Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
About Iris & Douglas Tu Foundation
Based on IRS filings
Iris & Douglas Tu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $52K.
Focus Areas
Ready to take the next step with Iris & Douglas Tu Foundation?
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 | $1,179,084 | $965,465 | $791,211 |
| Revenue | $51,878 | $33,978 | $17,213 |
| Expenses | $25,504 | $29,384 | $12,362 |
| Qualifying Distributions | $25,000 | $29,200 | $11,000 |
| Net Investment Income | $51,878 | $33,978 | $13,213 |
| Distributable Amount | $51,465 | $42,786 | $43,416 |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ashland University ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASHLAND UNIVERSITY ASHLAND, OH | EDUCATION | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C DOUGLAS TU | DIRECTOR | — | — |
| IRIS FANG TU | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Iris & Douglas Tu Foundation?
Iris & Douglas Tu Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.2M in total assets as of 2024.
How large is Iris & Douglas Tu Foundation?
As of 2024, Iris & Douglas Tu Foundation holds $1.2M in total assets with $52K in annual revenue. It awarded 1 grants totaling $25K in 2024.
Where does Iris & Douglas Tu Foundation operate?
Iris & Douglas Tu Foundation has awarded grants in New York, Ohio.
What size grants does Iris & Douglas Tu Foundation award?
In 2024, Iris & Douglas Tu Foundation awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Iris & Douglas Tu Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Iris & Douglas Tu Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Iris & Douglas Tu Foundation's EIN?
Iris & Douglas Tu Foundation's EIN (Employer Identification Number) is 20-5554906. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Iris & Douglas Tu Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
RHS Foundation
MOLINE, IL
Assets
$1.1M
Grants
37
Total Given
$342K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Iris & Douglas Tu Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Iris & Douglas Tu Foundation to a real strategy.