The Lu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTE SERENO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $306K in total assets. In 2024, it awarded 4 grants totaling $3K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$306K
-10.9% YoY
Annual Giving
$3K
+14.8% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$782.5
-42.6% YoY
Under IRS private-foundation payout rules, The Lu Family Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lu Family Foundation
Based on IRS filings
The Lu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTE SERENO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $306K in total assets. In 2024, it awarded 4 grants totaling $3K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $305,529 | $343,052 | $475,697 |
| Revenue | $-28,683 | $-123,232 | $-620 |
| Expenses | $8,840 | $9,413 | $14,312 |
| Qualifying Distributions | $8,825 | $4,395 | $1,286 |
| Net Investment Income | $3,074 | $1,050 | — |
| Distributable Amount | $10,339 | $10,666 | $12,543 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Joy Culture Foundation ($1,000), Kars 4 Kids Inc ($900), Friends of the Los Gatos Public Library ($630).
| Recipient | Purpose | Amount |
|---|---|---|
| USA SHIN YAT TONG MORAL SOCIETY INC SAN FRANCISCO, CA | DONATIONS | $600 |
| JOY CULTURE FOUNDATION SAN MATEO, CA | DONATIONS | $1,000 |
| KARS 4 KIDS INC LAKEWOOD, NJ | DONATIONS | $900 |
| FRIENDS OF THE LOS GATOS PUBLIC LIBRARY LOS GATOS, CA | DONATIONS | $630 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUBY LU | PRESIDENT & CEO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lu Family Foundation?
The Lu Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTE SERENO, CA. It holds $306K in total assets as of 2024.
How large is The Lu Family Foundation?
As of 2024, The Lu Family Foundation holds $306K in total assets with $-28,683 in annual revenue. It awarded 4 grants totaling $3K in 2024.
Where does The Lu Family Foundation operate?
The Lu Family Foundation has awarded grants in California, New Jersey.
What size grants does The Lu Family Foundation award?
In 2024, The Lu Family Foundation awarded 4 grants totaling $3K — an average of about $782.5 per grant, based on its IRS Form 990 filings.
How much is The Lu Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lu Family Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lu Family Foundation's EIN?
The Lu Family Foundation's EIN (Employer Identification Number) is 94-3383219. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lu Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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