The Lu Foundation is a private foundation focused on Education, based in DENVER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $218K. Net investment income was $295K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+3.0% YoY
Annual Giving
$218K
+6.9% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$18K
+6.9% YoY
Under IRS private-foundation payout rules, The Lu Foundation reported a distributable amount of $246K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lu Foundation
Based on IRS filings
The Lu Foundation is a private foundation focused on Education, based in DENVER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $218K. Net investment income was $295K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,012,388 | $3,895,797 | $3,841,348 |
| Revenue | $370,975 | $285,926 | $742,744 |
| Expenses | $254,384 | $233,604 | $212,986 |
| Qualifying Distributions | $218,000 | $204,000 | $190,000 |
| Net Investment Income | $295,088 | $222,752 | $562,681 |
| Distributable Amount | $245,512 | $217,623 | $203,757 |
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
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Project Angel Heart ($50,000), Doctors Without Borders ($40,000), Pro Publica ($27,500).
| Recipient | Purpose | Amount |
|---|---|---|
| PROJECT ANGEL HEART DENVER, CO | CHARITABLE | $50,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | CHARITABLE | $40,000 |
| PRO PUBLICA NEW YORK, NY | CHARITABLE | $27,500 |
| ActivateWork Denver DENVER, CO | CHARITABLE | $25,000 |
| Foundation for National Progress SAN FRANCISCO, CA | CHARITABLE | $20,000 |
| Chinese Hospital San Francisco SAN FRANCISCO, CA | CHARITABLE | $11,000 |
| SafeHouse Denver Inc DENVER, CO | CHARITABLE | $10,000 |
| STATE INNOVATION EXCHANGE MADISON, WI | CHARITABLE | $8,500 |
| Adopt a Family of Palm Beach Lake Worth Beach, FL | CHARITABLE | $8,500 |
| URBAN PEAK DENVER, CO | CHARITABLE | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C MIKE LU | PRESIDENT | 1 | — |
| C MARIA LU | SECRETARY | 0.1 | — |
| Y JEFF LU | DIRECTOR | 0.1 | — |
| CONNIE LU | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lu Foundation?
The Lu Foundation is a private foundation focused on Education, based in DENVER, CO. It holds $4.0M in total assets as of 2024.
How large is The Lu Foundation?
As of 2024, The Lu Foundation holds $4.0M in total assets with $371K in annual revenue. It awarded 12 grants totaling $218K in 2024.
Where does The Lu Foundation operate?
The Lu Foundation has awarded grants in California, Colorado, District of Columbia, Florida, New York, Tennessee, Wisconsin.
What size grants does The Lu Foundation award?
In 2024, The Lu Foundation awarded 12 grants totaling $218K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Lu Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lu Foundation reported a distributable amount of $246K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lu Foundation's EIN?
The Lu Foundation's EIN (Employer Identification Number) is 20-4664674. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lu 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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