Luchen Foundation
Luchen Foundation is a private foundation, 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.
Luchen Foundation at a glance
In short: Luchen Foundation gave $667K across 3 grants in 2024 (avg $222K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $666,916
- -34.9% vs 2023
- Grants made (2024)
- 3
- +50.0% vs 2023
- Average grant
- $222,305
- -56.6% vs 2023
- Median grant
- $299,916
- Total assets
- $14,043,238
- +1.1% vs 2023
- Primary geography
- California (55% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Luchen Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was University of Cincinnati ($300K). Together the top 3 received $667K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 3 grants of 11 (27%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Luchen Foundation gives
- Giving grew 221% from 2021 to 2024. Method
- In 2024 it paid out 90% 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 $150K (2022) to $1.0M (2023). In 2024 it made 3 grants totaling $667K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Cincinnati Cincinnati, OH | Unrestricted Grant | $300,000 |
| Schwab Charitable Fund San Francisco, CA | Unrestricted General | $299,916 |
| Family Keeper Walnut, CA | Unrestricted General | $67,000 |
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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 | $14,043,238 | $914,739 | $757,116 | $666,916 | 3 | $666,916 | $914,739 | $738,097 |
| 2023 | $13,885,615 | $3,392,035 | $1,113,631 | $1,024,724 | 2 | $1,024,724 | $2,102,978 | $609,642 |
| 2022 | $11,607,211 | $3,766,747 | $225,266 | $150,000 | 1 | $150,000 | $1,588,402 | $579,131 |
| 2021 | $8,065,730 | $3,056,539 | $257,365 | $208,000 | 3 | $208,000 | $176,785 | $369,933 |
| 2020 | $5,035,519 | $3,105,174 | $211,147 | $188,000 | 2 | — | $53,231 | $163,012 |
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.
Leadership & Key People
Officers and directors from IRS filings
Luchen Foundation is led by Robert Chen, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert Chen
President
On filings since 2020
No compensation reported
Onnie Lu
Vice President
On filings since 2020
No compensation reported
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 Luchen Foundation
How much does Luchen Foundation give each year?
Luchen Foundation gave $667K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 2 grants.
What is Luchen Foundation's typical grant size?
Luchen Foundation's median grant in 2024 was $299,916, and its average grant was $222,305, across 3 grants on its 2024 IRS Form 990-PF.
Where does Luchen Foundation give grants?
Luchen Foundation gives mostly in California: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (45%).
Does Luchen Foundation give general operating support?
Yes: 100% of Luchen Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Luchen Foundation?
Luchen Foundation reported $14.0M in total assets on its 2024 IRS Form 990-PF. It paid out $667K in qualifying distributions that year, against a required minimum of $738K (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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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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