Springer-Lu Family Foundation
Springer-Lu Family Foundation is a private foundation, based in Chestnut Hill, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets. In 2024, it awarded 1 grant totaling $654K. Net investment income was $766K.
Springer-Lu Family Foundation at a glance
In short: Springer-Lu Family Foundation gave $654K across 1 grant in 2024 (avg $654K), mostly in Missouri. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $653,766
- +0.6% vs 2023
- Grants made (2024)
- 1
- -75.0% vs 2023
- Average grant
- $653,766
- +302.3% vs 2023
- Median grant
- $653,766
- Total assets
- $14,185,529
- +0.5% vs 2023
- Primary geography
- Missouri (100% 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 Springer-Lu Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Greater Horizons Fund ($654K).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 10 (30%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Springer-Lu Family Foundation gives
- Giving grew 162% from 2021 to 2024. 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 2021 to 2024, annual grant giving ranged from $250K (2021) to $654K (2024). In 2024 it made 1 grant totaling $654K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Horizons Fund Kansas City, MO | Charitable Gift | $653,766 |
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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 | $14,185,529 | $826,400 | $755,500 | $653,766 | 1 | $675,839 | $765,887 | $755,711 |
| 2023 | $14,114,629 | $584,081 | $739,659 | $650,000 | 4 | $668,843 | $519,648 | $675,115 |
| 2022 | $14,270,207 | $-932,703 | $384,890 | $273,000 | 3 | $289,521 | $208,909 | $667,694 |
| 2021 | $15,587,800 | $7,208,239 | $506,359 | $250,000 | 2 | $265,500 | $7,175,197 | $510,904 |
| 2020 | $8,885,920 | $8,886,520 | $600 | — | — | — | $8,875,222 | $23,917 |
Under IRS private-foundation payout rules, Springer-Lu Family Foundation reported a distributable amount of $756K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Springer-Lu Family Foundation is led by Chafen Lu, Trustee on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2024 filing
Chafen Lu
Trustee
On filings since 2020
4 hrs/week
$15K (2021) → $18K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $18K, to Chafen Lu (Trustee).
Frequently asked questions about Springer-Lu Family Foundation
How much does Springer-Lu Family Foundation give each year?
Springer-Lu Family Foundation gave $654K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $650K across 4 grants.
How large is Springer-Lu Family Foundation?
Springer-Lu Family Foundation reported $14.2M in total assets on its 2024 IRS Form 990-PF. It paid out $676K in qualifying distributions that year, against a required minimum of $756K (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.
Where does Springer-Lu Family Foundation operate?
Springer-Lu Family Foundation has awarded grants in California, Massachusetts, Missouri, Tennessee.
What is Springer-Lu Family Foundation's EIN?
Springer-Lu Family Foundation's EIN (Employer Identification Number) is 85-6466998. 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
Live grants for the work Springer-Lu Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Springer-Lu Family Foundation's focus areas in our free grants database
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