The Lu Family Foundation is a private grantmaking foundation based in Plano, Texas. Established in 2002, it operates as a 501(c)(3) organization and maintains a focus on philanthropic giving across multiple sectors.
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
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on its grantmaking activity, primary funding areas include:
- Education
- Science and STEM education
- Human Services
- Philanthropy and Voluntarism
Grantmaking
Grant Range
& Frequency:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Texas
- Virginia
- Pennsylvania
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $9,276,350
- Total Revenues: $11,285,982
- Total Expenses: $2,259,464
- Total Giving: $2,206,000
Revenue Composition (2024):
- Grants and contributions: $8,634,227
- Investment income and dividends: $306,252
- Net gain from sale of non-inventory assets: $2,345,503
Staffing:
- Zero employees (operates as a foundation without staff)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
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 |
|---|---|---|---|
| ALICE LU | Secretary | 0.5 | — |
| DAVID LU | Treasurer | 0.5 | — |
| OAN-YU LU | Vice Pres | 0.5 | — |
| KEH-SHEW LU | President | 0.5 | — |
Contact Information
Address: 5109 Runnin River Dr Plano, TX 75093
EIN: 75-2953588
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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