The Lu Family Foundation

Private foundation · Grantmaker Plano, TX EIN: 75-2953588

The Lu Family Foundation is a private foundation based in Plano, Texas. In 2024, it reported 17 grants totaling $2,206,000 to charitable organizations, including organizations in Texas, Florida, and California.

Key facts about The Lu Family Foundation

In short: The Lu Family Foundation gave $2.2M across 17 grants in 2024 (avg $130K), top state Texas. 41% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
75-2953588
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,206,000
Grants made (2024)
17
Average grant
$129,765
Median grant
$20,000
New grantees (estimate)
41% first-time grantees (7 of 17, 2024)
Total assets
$9,276,350
Primary geography
Texas (46% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3M

+23.3% YoY

Annual Giving

$2.2M

+144.3% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$130K

+129.9% YoY

Under IRS private-foundation payout rules, The Lu Family Foundation reported a distributable amount of $647K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Lu Family Foundation open to new grantees?

41%

first-time grantees, 2024

In 2024, 7 of 17 grantees (41%) were first-time recipients. First grants averaged $272K; repeat grants $30K. How we count

Medians: $24K first-time, $15K repeat.

  • 47% of 2024 grantees were also funded in 2023. Method
  • Giving grew 747% from 2021 to 2024. Method
  • In 2024 it paid out 341% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grantees include organizations with varied missions. For example, TLC Foundation describes its mission as providing a safe, nurturing home for adolescents who cannot stay at home. Little Shepherd Foundation says it serves needy and vulnerable people in the Greater Dallas community. Chinese Christian Fellowship International describes its objective as establishing training centers that teach biblical truth, and Christian Creative Communication CE says it communicates biblical truth through creative media.

Grantmaking

In 2024, the foundation reported 17 grants totaling $2,206,000. Grants ranged from $1,000 to $1,000,000, with a median grant of $20,000. The largest awards were $1,000,000 to Family First Network in Pensacola, Florida, and $700,000 to DTS Foundation in Dallas, Texas, both for general support. Other notable grants included $150,000 to Texas Tech Foundation for general purposes and $150,000 to TLC Foundation for general support.

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Geographic Focus

Where this funder awards grants

In 2024, grant dollars were distributed among recipients in Texas (46%), Florida (45%), California (7%), Pennsylvania (1%), and Georgia (1%).

Grant Distribution by State

11states

Share of 2024 grant dollars across all 17 itemized grants.

Cities

PlanoLancasterRichardsonDallasAddisonLubbockRosemeadCincinnatiHoustonKansas CityLos AltosSan JoseSpringfieldArcadiaFort WorthLake OswegoLawrencevilleLittletonMonterey ParkNorth Richland Hills

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M13 grants2020 14 grants2021 15 grants2022 16 grants2023 17 grants2024

From 2020 to 2024, annual grant giving ranged from $261K (2021) to $2.2M (2024). In 2024 it made 17 grants totaling $2.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Family First Network: $1.0MFamily First Network$1.0MDTS Foundation: $700KDTS Foundation$700KTexas Tech Foundation: $150KTexas Tech Foundation$150KTLC Foundation: $150KTLC Foundation$150KFormosan Christian Church of Dallas: $59KFormosan Christian Church ofDallas$59KFWDFC: $24KFWDFC$24KChinese Christian Fellowship Int'l: $20KChinese Christian FellowshipInt'l$20KBCM International: $20KBCM International$20KMission to the World: $20KMission to the World$20KLittle Shepherd Foundation: $17KLittle Shepherd Foundation$17K

The largest 2024 recipient was Family First Network ($1.0M). Together the top 10 received $2.2M.

Grant Size Distribution

75 grants across all recorded years

57<$50K6$50–100K9$100–250K1$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 57 grants of 75 (76%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Family First Network Pensacola, FLGeneral Support$1,000,000
DTS Foundation Dallas, TXGeneral Support$700,000
Texas Tech Foundation Lubbock, TXGeneral Purpose$150,000
TLC Foundation Santa Cruz, CAGeneral Support$150,000
Formosan Christian Church of Dallas Plano, TXGeneral Support$59,000
FWDFC Fort Worth, TXGeneral Support$24,000
Chinese Christian Fellowship Int'l Plano, TXGeneral Support$20,000
BCM International Lancaster, PAGeneral Support$20,000
Mission to the World Lawrenceville, GAGeneral Support$20,000
Little Shepherd Foundation Richardson, TXGeneral Purpose$17,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $9,276,350 $11,285,982 $2,259,464 $2,206,000
2023 $7,522,648 $5,355,290 $942,115 $902,994
2022 $4,337,654 $3,043,957 $765,367 $760,700
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$9,276,350$7,522,648$4,337,654
Revenue$11,285,982$5,355,290$3,043,957
Expenses$2,259,464$942,115$765,367
Qualifying Distributions$2,206,000$902,994$760,700
Net Investment Income$2,651,755$3,512,890$2,424,433
Distributable Amount$646,915$535,056$445,531

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Keh-Shew Lu as president, Oan-Yu Lu as vice president, David Lu as treasurer, and Alice Lu as secretary.

The Lu Family Foundation is led by Keh-Shew Lu, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Keh-Shew Lu

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Alice Lu

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • David Lu

    Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Oan-Yu Lu

    Vice President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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.

Contact

Mailing address: 5109 Runnin River Drive, Plano, TX 75093
Phone: (972) 473-8873

Frequently asked questions about The Lu Family Foundation

How much does The Lu Family Foundation give each year?

The Lu Family Foundation gave $2.2M across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $903K across 16 grants.

What is The Lu Family Foundation's typical grant size?

The Lu Family Foundation's median grant in 2024 was $20,000, and its average grant was $129,765, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Lu Family Foundation that year got $272K on average.

Where does The Lu Family Foundation give grants?

The Lu Family Foundation's top state is Texas, with 46% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (45%) and California (7%). The most frequent recipient cities were Plano, TX (5 grants) and Richardson, TX (2 grants).

Does The Lu Family Foundation give general operating support?

Yes: 100% of The Lu Family Foundation's 2024 grants with a stated purpose (17 of 17) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Lu Family Foundation's largest grantees?

The Lu Family Foundation's largest 2024 grantees include Family First Network ($1,000,000), DTS Foundation ($700,000) and Texas Tech Foundation ($150,000), according to its 2024 IRS Form 990-PF. Together they received 84% of its itemized 2024 grant dollars.

How large is The Lu Family Foundation?

The Lu Family Foundation reported $9.3M in total assets on its 2024 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $647K (roughly 5% of its investment assets).

What does The Lu Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grantees include organizations with varied missions. For example, TLC Foundation describes its mission as providing a safe, nurturing home for adolescents who cannot stay at home. See mission & focus areas ↑

How do I apply for a grant from The Lu Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Lu Family Foundation's EIN?

The Lu Family Foundation's EIN (Employer Identification Number) is 75-2953588. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Lu Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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