The Chu Family Foundation Inc is a private foundation established in August 2013, located in Duluth, Georgia. The foundation operates as a 501(c)(3) charitable organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
+33.8% YoY
Annual Giving
$533K
-3.1% YoY
Grant Count
14
-17.6% YoY
Avg Grant Size
$38K
+17.7% YoY
Mission & Focus Areas
The foundation primarily provides scholarships to pharmacy students and Korean students in the Atlanta area. It also supports cultural and educational institutions, including the Korean Church of Atlanta.
Grantmaking
The foundation made 18 grants in 2023. Recent grants include:
Grant Range
s range from $5,000 to $50,000 based on recent activity.
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Geographic Focus
Where this funder awards grants
The foundation focuses on the Atlanta area, with particular emphasis on serving Korean students and pharmacy students in this region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $7,869,954
- Total Revenues: $282,964
- Total Expenses: $645,645
- Investment Income and Dividends: $92,430
- Net Gain from Sale of Non-Inventory Assets: $190,534
- Investments: $7.2 million
The foundation has demonstrated relatively stable revenue growth, averaging 2.6% annual increase over the past five years.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,528,836 | $7,869,954 | $6,383,082 |
| Revenue | $3,978,672 | $282,964 | $327,479 |
| Expenses | $681,583 | $645,645 | $596,628 |
| Qualifying Distributions | $607,797 | $576,285 | $506,427 |
| Net Investment Income | $1,389,546 | $213,604 | $237,278 |
| Distributable Amount | $372,606 | $326,697 | $356,756 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEE H CHU | PRESIDENT | — | — |
| CHUNG K CHU | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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