Lubo Fund Inc
Lubo Fund Inc is a private foundation based in New York, NY. Its 2024 filing lists three grants, each made to a Lubo Foundation advised fund in Boston, Massachusetts, for charitable support.
Lubo Fund Inc at a glance
In short: Lubo Fund Inc gave $547K across 3 grants in 2024 (avg $182K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $547,413
- -13.1% vs 2023
- Grants made (2024)
- 3
- -85.0% vs 2023
- Average grant
- $182,471
- +479.2% vs 2023
- Median grant
- $182,471
- Total assets
- $10,283,578
- +16.2% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Lubo Fund Inc
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests and does not restrict giving to preselected organizations. A letter describing a proposal is acceptable. The filing lists no restrictions on awards other than that organizations must be exempt under Section 501(c)(3) of the Internal Revenue Code.
- Contact
Application contact: Belinda Reusch
Mailing address: C/O Norman Foundation 535 Madison, Avenue 14Th Floor, New York, NY 10022
Phone: (212) 230-9800
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lubo Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Belinda Bunnen Reusch Lubo Foundation Advised Fund ($182K). Together the top 3 received $547K.
Grant Size Distribution
90 grants across all recorded years
The most common grant size was under $50K: 78 grants of 90 (87%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Lubo Fund Inc gives
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2024, annual grant giving ranged from $547K (2024) to $630K (2023). In 2024 it made 3 grants totaling $547K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $10,283,578 | $751,456 | $731,303 | $547,413 | 3 | $562,734 | $594,707 | $633,232 |
| 2023 | $8,848,116 | $745,797 | $801,811 | $630,128 | 20 | $644,533 | $597,930 | $599,896 |
| 2022 | $8,903,824 | $687,912 | $769,346 | $598,550 | 65 | $614,012 | $555,052 | $632,766 |
| 2021 | $9,028,544 | $1,687,832 | $757,167 | $599,450 | 1 | $613,720 | $1,396,211 | $665,132 |
| 2020 | $8,204,077 | $982,695 | $754,794 | $595,345 | 1 | — | $666,576 | $593,197 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2024, the foundation reported $547,413 in grants across three grants. Each grant was $182,471. The recipients were Belinda Bunnen Reusch Lubo Foundation Advised Fund, Melissa Bunnen Jernigan Lubo Foundation Advised Fund, and Robert Bunnen Lubo Foundation Advised Fund; each grant’s stated purpose was “supporting charitable organizations.”
The 2023 filing reported $630,128 in grants across 20 grants, and the 2022 filing reported $598,550 across 65 grants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Belinda Reusch as president, Robert Bunnen Jr as treasurer, and Melissa Bunnen Jernigan as secretary.
Lubo Fund Inc is led by Belinda Reusch, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Belinda Reusch
President
On filings since 2021
No compensation reported
Melissa Bunnen Jernigan
Secretary
On filings since 2022
No compensation reported
Robert Bunnen Jr.
Treasurer
On filings since 2022
No compensation reported
Former officers (1)
- Former: Lucinda W. Bunnen (2020) — President
Data from IRS Form 990 filings, 2020–2024. "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 Lubo Fund Inc
How much does Lubo Fund Inc give each year?
Lubo Fund Inc gave $547K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $630K across 20 grants.
What is Lubo Fund Inc's typical grant size?
Lubo Fund Inc's median grant in 2024 was $182,471, and its average grant was $182,471, across 3 grants on its 2024 IRS Form 990-PF.
Where does Lubo Fund Inc give grants?
Lubo Fund Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (3 grants).
Does Lubo Fund Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Lubo Fund Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Supporting Charitable Organizations" (3 grants).
How large is Lubo Fund Inc?
Lubo Fund Inc reported $10.3M in total assets on its 2024 IRS Form 990-PF. It paid out $563K in qualifying distributions that year, against a required minimum of $633K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Lubo Fund Inc?
The foundation accepts unsolicited requests and does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Lubo Fund Inc accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Lubo Fund Inc'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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