Li & Liu Family Foundation

Private foundation · Grantmaker San Mateo, CA EIN: 81-3628242

Li & Liu Family Foundation is a private foundation, based in San Mateo, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 5 grants totaling $150K. Net investment income was $847K.

Li & Liu Family Foundation at a glance

In short: Li & Liu Family Foundation gave $150K across 5 grants in 2025 (avg $30K), mostly in California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$149,669
+55.4% vs 2024
Grants made (2025)
5
+25.0% vs 2024
Average grant
$29,934
+24.3% vs 2024
Median grant
$2,100
Total assets
$2,510,663
+30.2% vs 2024
Primary geography
California (99% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Li & Liu Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Pinewood School: $140KPinewood School$140KSilicon Valley Basketball Club: $5KSilicon Valley Basketball Club$5KPower Beans Foundation: $2KPower Beans Foundation$2KIbpa: $2KIbpa$2KUniversity of Illinois Foundation: $1KUniversity of IllinoisFoundation$1K

The largest 2025 recipient was Pinewood School ($140K). Together the top 5 received $150K.

Grant Size Distribution

21 grants across all recorded years

16<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 21 (76%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

CincinnatiCovingtonLos AltosChampaignLa JollaLos Altos HillsMountain ViewDavisFremont RoadManhattan BeachNewarkSacramentoSan FranciscoSan JoseSan Mateo

How Li & Liu Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+13%). Method
  • In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K4 grants2019 2 grants2021 3 grants2022 7 grants2023 4 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $47K (2023) to $150K (2025). In 2025 it made 5 grants totaling $150K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Pinewood School Los Altos Hills, CAEducation sponsor$140,000
Silicon Valley Basketball Club Los Altos, CAGeneral donation$5,000
Power Beans Foundation San Jose, CARobotics education donation$2,100
Ibpa Manhattan Beach, CAGeneral donation$1,569
University of Illinois Foundation Champaign, ILGeneral donation$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,510,663$1,264,210$160,733$149,6695$149,669$847,280$137,941
2024$1,928,719$19,984$109,850$96,3284$96,328$5,210—
2023$1,258,163$-87,871$66,771$47,2317$47,231$4,119$45,422
2022$1,028,408$43,799$153,270$132,8003$132,800$43,799$66,995
2021$1,355,829$20,728$78,793$65,1002—$20,728$62,851
2019$942,373$224,453$62,865$59,3434—$17,170$43,478

Under IRS private-foundation payout rules, Li & Liu Family Foundation reported a distributable amount of $138K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Li & Liu Family Foundation is led by Yue Li, CEO on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Yue Li

    CEO

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Zhuyuan Liu

    CFO

    On filings since 2019

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Li & Liu Family Foundation

How much does Li & Liu Family Foundation give each year?

Li & Liu Family Foundation gave $150K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $96K across 4 grants.

What is Li & Liu Family Foundation's typical grant size?

Li & Liu Family Foundation's median grant in 2025 was $2,100, and its average grant was $29,934, across 5 grants on its 2025 IRS Form 990-PF.

Where does Li & Liu Family Foundation give grants?

Li & Liu Family Foundation gives mostly in California: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Li & Liu Family Foundation give general operating support?

Yes: 60% of Li & Liu Family Foundation's 2025 grants with a stated purpose (3 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Li & Liu Family Foundation's largest grantees?

Li & Liu Family Foundation's largest 2025 grantees include Pinewood School ($140,000), Silicon Valley Basketball Club ($5,000) and Power Beans Foundation ($2,100), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.

How large is Li & Liu Family Foundation?

Li & Liu Family Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $150K in qualifying distributions that year, against a required minimum of $138K (roughly 5% of its investment assets).

What is Li & Liu Family Foundation's EIN?

Li & Liu Family Foundation's EIN (Employer Identification Number) is 81-3628242. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS December 11, 2019)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 13, 2026)
  3. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Li & Liu Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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