The Chase and Luke Foundation
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
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Angels Place ($7K). Together the top 2 received $11K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Angels Place Southfield, MI | Residential Needs for Persons with Developmental Disabilities. | $7,120 |
| SHANK2 Foundation Barnhart, MO | Helps Children and Research with SHANK2 Chromosome. | $3,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- 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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