Lubo Fund Inc
Lubo Fund Inc is a private foundation based in New York, NY. The organization was incorporated in 1958 in Georgia and has been tax-exempt since October 1959. It operates as a family foundation with a focus on philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.3M
+16.2% YoY
Annual Giving
$547K
-13.1% YoY
Grant Count
3
-85.0% YoY
Avg Grant Size
$182K
+479.2% YoY
Under IRS private-foundation payout rules, Lubo Fund Inc reported a distributable amount of $633K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Arts and cultural programs
- Education and educational activities
- Human services and community service
- Sports programs
- Medical research
- Environmental issues
Grantmaking
The foundation made 65 grants in 2023. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation has demonstrated funding activity in Georgia and maintains a presence in New York, NY.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total assets: $8,848,116
- Total revenues: $745,797
- Total expenses: $801,811
- Investment income and dividends: $256,031
Staffing:
The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,283,578 | $8,848,116 | $8,903,824 |
| Revenue | $751,456 | $745,797 | $687,912 |
| Expenses | $731,303 | $801,811 | $769,346 |
| Qualifying Distributions | $562,734 | $644,533 | $614,012 |
| Net Investment Income | $594,707 | $597,930 | $555,052 |
| Distributable Amount | $633,232 | $599,896 | $632,766 |
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
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Belinda Bunnen Reusch Lubo Foundation Advised Fund ($182,471), Melissa Bunnen Jernigan Lubo Foundation Advised Fund ($182,471), Robert Bunnen Lubo Foundation Advised Fund ($182,471).
| Recipient | Purpose | Amount |
|---|---|---|
| BELINDA BUNNEN REUSCH LUBO FOUNDATION ADVISED FUND BOSTON, MA | SUPPORTING CHARITABLE ORGANIZATIONS | $182,471 |
| MELISSA BUNNEN JERNIGAN LUBO FOUNDATION ADVISED FUND BOSTON, MA | SUPPORTING CHARITABLE ORGANIZATIONS | $182,471 |
| ROBERT BUNNEN LUBO FOUNDATION ADVISED FUND BOSTON, MA | SUPPORTING CHARITABLE ORGANIZATIONS | $182,471 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BELINDA REUSCH | PRESIDENT | — | — |
| ROBERT BUNNEN JR | TREASURER | — | — |
| MELISSA BUNNEN JERNIGAN | SECRETARY | — | — |
Contact Information
- Telephone: 212-230-9800
- Address: Co Norman Foundation, 147 E 48th St, New York City, NY 10017
Frequently Asked Questions
What does Lubo Fund Inc fund?
The foundation's giving priorities include: • Arts and cultural programs • Education and educational activities • Human services and community service • Sports programs • Medical research • Environmental issues
How do I apply for a grant from Lubo Fund Inc?
**Grant Activity (2023)** The foundation made 65 grants in 2023. Recent grants include: • Hambidge Center for Creative Arts and Sciences: $100,000 (Cultural Program) • Georgia Organics: $26,000 (Environmental Issues) • Junior Tennis Champions Center (JTCC): $6,000 (Sports Program) **Financial Capacity** • Total assets: $8,848,116 (as of December 2023) • Total expenses: $801,811 (2023) • Total revenues: $745,797 (2023) • Investment income and dividends: $256,031 (2023)
Where does Lubo Fund Inc make grants?
The foundation has demonstrated funding activity in Georgia and maintains a presence in New York, NY.
What size grants does Lubo Fund Inc award?
In 2024, Lubo Fund Inc awarded 3 grants totaling $547K — an average of about $182K per grant, based on its IRS Form 990 filings.
How much is Lubo Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lubo Fund Inc reported a distributable amount of $633K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lubo Fund Inc's EIN?
Lubo Fund Inc's EIN (Employer Identification Number) is 58-6043631. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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