L Zhu Foundation Inc

Foundation · Grantmaker Pittsburgh, PA EIN: 87-3930033

L Zhu Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pittsburgh, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $63K in total assets. In 2024, it awarded 3 grants totaling $3K.

Key facts about L Zhu Foundation Inc

EIN: 87-3930033
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $3,100
Grants made (2024): 3
Average grant: $1,033
Median grant: $50
Total assets: $62,539
Primary geography: Pennsylvania (100% of itemized 2024 grant dollars)

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

Who L Zhu Foundation Inc funds

By grant dollars, the top recipient states for L Zhu Foundation Inc's 3 itemized 2024 grants were Pennsylvania (100%). The most frequent recipient cities were Pittsburgh, PA (3 grants). None of its 3 grants with a stated purpose were described as general or operating support.

How L Zhu Foundation Inc gives

In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with L Zhu Foundation Inc

How to evaluate L Zhu Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to L Zhu Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$63K

-4.7% YoY

Annual Giving

$3K

+47.6% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$1K

-1.6% YoY

Under IRS private-foundation payout rules, L Zhu Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About L Zhu Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with L Zhu Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $3K (100%)

Share of all 3 itemized 2024 grant dollars.

States

Pennsylvania

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$62,539	$65,639	$48,965
Revenue	—	$18,774	$34,000
Expenses	$3,100	$2,100	$4,000
Qualifying Distributions	$3,100	$2,100	$4,000
Net Investment Income	—	—	—
Distributable Amount	$3,080	$3,233	$2,412

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Shady Side Academy ($3,000), The Ellis School ($50), St Edmunds Academy ($50).

Recipient	Purpose	Amount
SHADY SIDE ACADEMY Pittsburgh, PA	BLUE AND GOLD FUND	$3,000
THE ELLIS SCHOOL Pittsburgh, PA	EDUCATION FUND	$50
ST EDMUNDS ACADEMY Pittsburgh, PA	EDUCATION FUND	$50

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2021 IRS filing

Name	Title	Hours	Compensation
Lu Zhu	Co Founder	5	—
Lijia Zheng	Co Founder	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is L Zhu Foundation Inc?

L Zhu Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pittsburgh, PA. It holds $63K in total assets as of 2024.

How large is L Zhu Foundation Inc?

As of 2024, L Zhu Foundation Inc holds $63K in total assets. It awarded 3 grants totaling $3K in 2024.

Where does L Zhu Foundation Inc operate?

L Zhu Foundation Inc has awarded grants in Pennsylvania.

What size grants does L Zhu Foundation Inc award?

In 2024, L Zhu Foundation Inc awarded 3 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is L Zhu Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, L Zhu Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.