The Chase and Luke Foundation

Private foundation · Grantmaker Birmingham, MI EIN: 47-1467318

The Chase and Luke Foundation is a private foundation, based in Birmingham, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $143K in total assets. In 2025, it awarded 2 grants totaling $11K. Net investment income was $4K.

Key facts about The Chase and Luke Foundation

In short: The Chase and Luke Foundation gave $11K across 2 grants in 2025 (avg $5K), mostly in Michigan. Source: 2025 IRS Form 990-PF.

EIN
47-1467318
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$10,620
Grants made (2025)
2
Average grant
$5,310
Median grant
$5,310
Total assets
$142,622
Primary geography
Michigan (67% 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

$143K

-4.6% YoY

Annual Giving

$11K

+7.5% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$5K

+7.5% YoY

Under IRS private-foundation payout rules, The Chase and Luke Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

How The Chase and Luke Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−16%). Method
  • In 2025 it paid out 97% 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.

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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

Bonita SpringsSouthfieldBirminghamDetroitDrexel HillBarnhartBloomfield HillsGrand Rapids

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K3 grants2020 4 grants2021 3 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $9K (2023) to $13K (2022). In 2025 it made 2 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Angels Place: $7KAngels Place$7KSHANK2 Foundation: $4KSHANK2 Foundation$4K

The largest 2025 recipient was Angels Place ($7K). Together the top 2 received $11K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Angels Place Southfield, MIResidential Needs for Persons with Developmental Disabilities.$7,120
SHANK2 Foundation Barnhart, MOHelps Children and Research with SHANK2 Chromosome.$3,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$142,622$149,436$153,689
Revenue$7,922$9,569$4,756
Expenses$14,736$13,822$13,191
Qualifying Distributions$10,620$9,877$9,532
Net Investment Income$3,806$5,624$1,097
Distributable Amount$10,993$10,353$9,327

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 June 18, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Chase and Luke Foundation is led by Kristy A. Korth, Co-President & Secretary on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kristy A. Korth

    Co-President & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Hunter Korth

    Co-President

    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 Chase and Luke Foundation

How much does The Chase and Luke Foundation give each year?

The Chase and Luke Foundation gave $11K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 2 grants.

How large is The Chase and Luke Foundation?

The Chase and Luke Foundation reported $143K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $11K (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 The Chase and Luke Foundation operate?

The Chase and Luke Foundation has awarded grants in Florida, Michigan, Missouri, Pennsylvania.

What is The Chase and Luke Foundation's EIN?

The Chase and Luke Foundation's EIN (Employer Identification Number) is 47-1467318. 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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