Lu & Wang Family Foundation Inc

Private foundation · Grantmaker Garrison, NY EIN: 87-3789278

Lu & Wang Family Foundation Inc is a private foundation, based in Garrison, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $467K in total assets. In 2025, it awarded 9 grants totaling $14K. Net investment income was $33K.

Key facts about Lu & Wang Family Foundation Inc

In short: Lu & Wang Family Foundation Inc gave $14K across 9 grants in 2025 (avg $2K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
87-3789278
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$14,175
Grants made (2025)
9
Average grant
$1,575
Median grant
$1,000
Total assets
$467,389
Primary geography
New York (56% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$467K

+1.4% YoY

Annual Giving

$14K

+24.3% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$2K

-3.3% YoY

Under IRS private-foundation payout rules, Lu & Wang Family Foundation Inc reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

How Lu & Wang Family Foundation Inc gives

  • Giving grew 50% from 2022 to 2025. Method
  • In 2025 it paid out 202% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

New YorkChapel HillClearwater BeachColumbusPalo AltoBostonLarchmontLos AngelesPrincevilleRockvilleSan DiegoValricoWashingtonWest Chester

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K9 grants2022 11 grants2023 7 grants2024 9 grants2025

From 2022 to 2025, annual grant giving ranged from $9K (2022) to $14K (2025). In 2025 it made 9 grants totaling $14K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Spence School: $5KSpence School$5KCollegiate School: $3KCollegiate School$3KGlobal Youth Philanthropy Leader: $3KGlobal Youth PhilanthropyLeader$3KReef Guardian Hawaii: $2KReef Guardian Hawaii$2KUNC-Chapel Hill: $1KUNC-Chapel Hill$1KKids Saving the Rainforest: $500Kids Saving the Rainforest$500Pelotonia: $207Pelotonia$207World Wildlife Fund: $108World Wildlife Fund$108New England Aquarium: $100New England Aquarium$100

The largest 2025 recipient was Spence School ($5K). Together the top 9 received $14K.

Grant Size Distribution

36 grants across all recorded years

36<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 36 grants of 36 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Spence School New York, NYEducational$5,000
Collegiate School New York, NYEducational$3,000
Global Youth Philanthropy Leader Los Angeles, CAEducational$2,760
Reef Guardian Hawaii Princeville, HICharitable$1,500
UNC-Chapel Hill Chapel Hill, NCEducational$1,000
Kids Saving the Rainforest Palo Alto, CACharitable$500
Pelotonia Columbus, OHCharitable$207
World Wildlife Fund Washington, DCCharitable$108
New England Aquarium Boston, MACharitable$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2022 2023 2024 2025
Metric202520242023
Total Assets$467,389$460,881$508,197
Revenue$32,696$4,013$39,739
Expenses$40,024$25,307$51,080
Qualifying Distributions$39,976$24,755$51,080
Net Investment Income$32,648$3,461$39,739
Distributable Amount$19,752$22,670$23,729

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2025

Leadership & Key People

Officers and directors from IRS filings

Lu & Wang Family Foundation Inc is led by Yihui Wang, CEO on every filing since 2022; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Yihui Wang

    CEO

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Ping Lu

    CFO

    On filings since 2022

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "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 Lu & Wang Family Foundation Inc

How much does Lu & Wang Family Foundation Inc give each year?

Lu & Wang Family Foundation Inc gave $14K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 7 grants.

What is Lu & Wang Family Foundation Inc's typical grant size?

Lu & Wang Family Foundation Inc's median grant in 2025 was $1,000, and its average grant was $1,575, across 9 grants on its 2025 IRS Form 990-PF.

Where does Lu & Wang Family Foundation Inc give grants?

Lu & Wang Family Foundation Inc gives mostly in New York: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (23%) and Hawaii (11%). The most frequent recipient cities were New York, NY (2 grants).

Does Lu & Wang Family Foundation Inc give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Lu & Wang Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (5 grants) and "Educational" (4 grants).

Who are Lu & Wang Family Foundation Inc's largest grantees?

Lu & Wang Family Foundation Inc's largest 2025 grantees include Spence School ($5,000), Collegiate School ($3,000) and Global Youth Philanthropy Leader ($2,760), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is Lu & Wang Family Foundation Inc?

Lu & Wang Family Foundation Inc reported $467K in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

What is Lu & Wang Family Foundation Inc's EIN?

Lu & Wang Family Foundation Inc's EIN (Employer Identification Number) is 87-3789278. IRS Form 990 filing data is available on this page for 2022–2025.

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

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