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Bu Family Foundation is a private trust based in LIVINGSTON, NJ. The foundation received its IRS ruling in 2011. The principal officer is % John Bu. It holds total assets of $878K. Annual income is reported at $11K. Please note the foundation is not involved in direct charitable activities Its primary purpose is to support other exempt IRC 501c3 organizations. According to available records, Bu Family Foundation has made 4 grants totaling $103K, with a median grant of $30K. The foundation has distributed between $33K and $37K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $37K distributed across 2 grants. Individual grants have ranged from $10K to $34K, with an average award of $26K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Massachusetts and District of Columbia. Contributions to this foundation are tax-deductible.
Please note the foundation is not involved in any direct charitable activities Its primary purpose is to support other charitable organizations exempt under IRS Sec 501c3
Please note the foundation is not involved in direct charitable activities Its primary purpose is to support other exempt IRC 501c3 organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA, DC.
Bu Family Foundation has distributed a total of $103K across 4 grants. The median grant size is $30K, with an average of $26K. Individual grants have ranged from $10K to $34K.
Bu Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bu Family Foundation is headquartered in LIVINGSTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Bu | Trustee | $0 | $0 | $0 |
| Jennifer Bu | Trustee | $0 | $0 | $0 |
Total Giving
$34K
Total Assets
$730K
Fair Market Value
$730K
Net Worth
$730K
Grants Paid
$34K
Contributions
$0
Net Investment Income
$11K
Distribution Amount
$33K
Total: $0
Total Grants
4
Total Giving
$103K
Average Grant
$26K
Median Grant
$30K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanguard CharitableGeneral charitable purposes | Newton Center, MA | $34K | 2023 |
| World Central KitchenGeneral charitable purposes | Washington, DC | $10K | 2022 |
GREENWICH, CT
SUMMIT, NJ
SANTA RSA BCH, FL
BROOKLYN, NY
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