Luchen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEWES, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.0M in total assets. In 2024, it awarded 3 grants totaling $667K. Net investment income was $915K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.0M
+1.1% YoY
Annual Giving
$667K
-34.9% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$222K
-56.6% YoY
Under IRS private-foundation payout rules, Luchen Foundation reported a distributable amount of $738K for 2024 — the minimum it must pay out in qualifying distributions.
About Luchen Foundation
Based on IRS filings
Luchen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEWES, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.0M in total assets. In 2024, it awarded 3 grants totaling $667K. Net investment income was $915K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,043,238 | $13,885,615 | $11,607,211 |
| Revenue | $914,739 | $3,392,035 | $3,766,747 |
| Expenses | $757,116 | $1,113,631 | $225,266 |
| Qualifying Distributions | $666,916 | $1,024,724 | $150,000 |
| Net Investment Income | $914,739 | $2,102,978 | $1,588,402 |
| Distributable Amount | $738,097 | $609,642 | $579,131 |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Cincinnati ($300,000), Schwab Charitable Fund ($299,916), Family Keeper ($67,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Family Keeper Walnut, CA | Unrestricted General | $67,000 |
| Schwab Charitable Fund San Francisco, CA | Unrestricted General | $299,916 |
| University of Cincinnati Cincinnati, OH | Unrestricted Grant | $300,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT CHEN | President | — | — |
| ONNIE LU | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Luchen Foundation?
Luchen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEWES, DE. It holds $14.0M in total assets as of 2024.
How large is Luchen Foundation?
As of 2024, Luchen Foundation holds $14.0M in total assets with $915K in annual revenue. It awarded 3 grants totaling $667K in 2024.
Where does Luchen Foundation operate?
Luchen Foundation has awarded grants in California, Ohio.
What size grants does Luchen Foundation award?
In 2024, Luchen Foundation awarded 3 grants totaling $667K — an average of about $222K per grant, based on its IRS Form 990 filings.
How much is Luchen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Luchen Foundation reported a distributable amount of $738K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Luchen Foundation's EIN?
Luchen Foundation's EIN (Employer Identification Number) is 27-1424418. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Luchen Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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