The Bu Family Foundation

Private foundation · Grantmaker Livingston, NJ EIN: 27-4034436

The Bu Family Foundation is a private foundation, based in Livingston, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $896K in total assets. In 2025, it awarded 2 grants totaling $51K. Net investment income was $353K.

Key facts about The Bu Family Foundation

In short: The Bu Family Foundation gave $51K across 2 grants in 2025 (avg $25K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.

EIN
27-4034436
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$50,632
Grants made (2025)
2
Average grant
$25,316
Median grant
$25,316
Total assets
$895,895
Primary geography
Rhode Island (80% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$896K

+2.1% YoY

Annual Giving

$51K

+50.9% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$25K

-24.6% YoY

Under IRS private-foundation payout rules, The Bu Family Foundation reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.

How The Bu Family Foundation gives

  • Giving grew 38% from 2022 to 2025. Method
  • In 2025 it paid out 129% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

Newton CenterNew YorkWarwickWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 1 grant2021 2 grants2022 1 grant2023 1 grant2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $33K (2021) to $51K (2025). In 2025 it made 2 grants totaling $51K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Vanguard Charitable: $41KVanguard Charitable$41K2x4 Foundation: $10K2x4 Foundation$10K

The largest 2025 recipient was Vanguard Charitable ($41K). Together the top 2 received $51K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Vanguard Charitable Warwick, RIGeneral charitable purpose$40,632
2x4 Foundation New York, NYGeneral charitable purpose$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$895,895$877,534$730,096
Revenue$23,869$11,478$11,391
Expenses$50,927$33,850$33,982
Qualifying Distributions$50,632$33,563$33,713
Net Investment Income$353,265$11,478$11,391
Distributable Amount$39,271$40,632$33,155

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 28, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 11, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 25, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Bu Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jennifer Bu

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Bu

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 The Bu Family Foundation

How much does The Bu Family Foundation give each year?

The Bu Family Foundation gave $51K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 1 grant.

How large is The Bu Family Foundation?

The Bu Family Foundation reported $896K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets).

Where does The Bu Family Foundation operate?

The Bu Family Foundation has awarded grants in District of Columbia, Massachusetts, New York, Rhode Island.

What is The Bu Family Foundation's EIN?

The Bu Family Foundation's EIN (Employer Identification Number) is 27-4034436. IRS Form 990 filing data is available on this page for 2020–2025.

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

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