L & C Family Foundation

Foundation · Grantmaker SARATOGA, CA EIN: 20-3825145

L & C Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $122K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $165.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$122K

-6.4% YoY

Annual Giving

$4K

+400.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$2K

+150.0% YoY

Under IRS private-foundation payout rules, L & C Family Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About L & C Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $2K (100%)

States

California

Cities

San Jose

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$122,418	$130,754	$140,449
Revenue	$165	$137	$25
Expenses	$8,500	$9,833	$3,639
Qualifying Distributions	$8,500	$9,833	$3,639
Net Investment Income	$165	$137	$25
Distributable Amount	$19,114	$13,767	$15,025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include SpringSong Art and Culture Foundati ($3,000), Buddhist Tzu Chi Charity Foundation ($1,000).

Recipient	Purpose	Amount
Buddhist Tzu Chi Charity Foundation San Jose, CA	To help those in need with love and care: Were all one family on this Earth. Tzu Chi serves one and all in the spirit of one global family. Combing humanitarian aid with a spiritual ministry, Tzu Chi spreads the universal value of compassion and fosters putting it into action through giving and social service.	$1,000
SpringSong Art and Culture Foundati	To build up the community, with care for the lack of music resources in rural areas. Inherit Taiwanese local music, inject new blood, enrich its connotation, give new style, and promote to the world.	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHUN CHENG LIN	President & CEO	4	—
YING SZU CHANG	Secretary	4	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is L & C Family Foundation?

L & C Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. It holds $122K in total assets as of 2024.

How large is L & C Family Foundation?

As of 2024, L & C Family Foundation holds $122K in total assets with $165 in annual revenue. It awarded 2 grants totaling $4K in 2024.

Where does L & C Family Foundation operate?

L & C Family Foundation has awarded grants in California.

What size grants does L & C Family Foundation award?

In 2024, L & C Family Foundation awarded 2 grants totaling $4K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is L & C Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, L & C Family Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.