Lucero Family Foundation

REDWOOD CITY, CA EIN: 94-3312562

Lucero Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REDWOOD CITY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $120K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$120K

-5.2% YoY

Annual Giving

$8K

+14.3% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$3K

+90.5% YoY

Under IRS private-foundation payout rules, Lucero Family Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Lucero Family Foundation

Based on IRS filings

Lucero Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REDWOOD CITY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $120K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlamosaBodega BayChicagoColorado SpringsManassaMandanMarathonOaklandPalo AltoRedwood CityRohnert ParkSan BrunoSan FranciscoSanta Clara

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$11K$16K$22K20202021202220232024
Metric202420232022
Total Assets$119,949$126,587$140,538
Revenue$5,652$5,948$1,944
Expenses$9,080$14,127$18,191
Qualifying Distributions$8,095$14,075$18,075
Net Investment Income$5,652$5,948$1,944
Distributable Amount$5,793$6,137$7,107

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$5K$7K$10K8 grants202011 grants20218 grants20225 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

ADAMS STATE COLLEGE FOUN…$4KREDWOOD CITY SCHOOL DIST…$2KHOPE FOR CHILDREN FOUNDA…$2K

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Adams State College Foundation ($4,000), Redwood City School District ($2,000), Hope for Children Foundation ($2,000).

RecipientPurposeAmount
ADAMS STATE COLLEGE FOUNDATION ALAMOSA, COCHARITABLE DONATION$4,000
REDWOOD CITY SCHOOL DISTRICT REDWOOD CITY, CACHARITABLE DONATION$2,000
HOPE FOR CHILDREN FOUNDATION MANASSA, COCHARITABLE DONATION$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LAURIE LUCERO OGGCFO & TREASU
ANN LUCEROPRESIDENT
JILL LUCERODIRECTOR
MARGARITA LUCERODIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lucero Family Foundation?

Lucero Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REDWOOD CITY, CA. It holds $120K in total assets as of 2024.

How large is Lucero Family Foundation?

As of 2024, Lucero Family Foundation holds $120K in total assets with $6K in annual revenue. It awarded 3 grants totaling $8K in 2024.

Where does Lucero Family Foundation operate?

Lucero Family Foundation has awarded grants in California, Colorado, Florida, Illinois, North Dakota.

What size grants does Lucero Family Foundation award?

In 2024, Lucero Family Foundation awarded 3 grants totaling $8K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Lucero Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lucero Family Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lucero Family Foundation's EIN?

Lucero Family Foundation's EIN (Employer Identification Number) is 94-3312562. IRS Form 990 filing data is available on this page for 2020–2024.

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

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