Lu & Wang Family Foundation Inc
Lu & Wang Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About Lu & Wang Family Foundation Inc
Based on IRS filings
Lu & Wang Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
Ready to take the next step with Lu & Wang Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Spence School ($5,000), Collegiate School ($3,000), Global Youth Philanthropy Leader ($2,760).
| Recipient | Purpose | Amount |
|---|---|---|
| Global Youth Philanthropy Leader Los Angeles, CA | Educational | $2,760 |
| Spence School New York, NY | Educational | $5,000 |
| Kids Saving the Rainforest Palo Alto, CA | Charitable | $500 |
| World Wildlife Fund Washington, DC | Charitable | $108 |
| Pelotonia Columbus, OH | Charitable | $207 |
| Reef Guardian Hawaii Princeville, HI | Charitable | $1,500 |
| UNC-Chapel Hill Chapel Hill, NC | Educational | $1,000 |
| New England Aquarium Boston, MA | Charitable | $100 |
| Collegiate School New York, NY | Educational | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YIHUI WANG | CEO | 2 | — |
| PING LU | CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lu & Wang Family Foundation Inc?
Lu & Wang Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARRISON, NY. It holds $467K in total assets as of 2025.
How large is Lu & Wang Family Foundation Inc?
As of 2025, Lu & Wang Family Foundation Inc holds $467K in total assets with $33K in annual revenue. It awarded 9 grants totaling $14K in 2025.
Where does Lu & Wang Family Foundation Inc operate?
Lu & Wang Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Hawaii, Massachusetts, Maryland, North Carolina, New York, Ohio, Pennsylvania.
What size grants does Lu & Wang Family Foundation Inc award?
In 2025, Lu & Wang Family Foundation Inc awarded 9 grants totaling $14K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Lu & Wang Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Lu & Wang Family Foundation Inc reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Lu & Wang Family Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lu & Wang Family Foundation Inc 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 Lu & Wang Family Foundation Inc to a real strategy.