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Chu Family Foundation Inc. is a private corporation based in ATHERTON, CA. The foundation received its IRS ruling in 2004. It holds total assets of $58K. Annual income is reported at $12K. Total assets have decreased from $133K in 2010 to $58K in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in California, Texas and Illinois. According to available records, Chu Family Foundation Inc. has made 3 grants totaling $15K, with a median grant of $5K. Annual giving has decreased from $10K in 2022 to $5K in 2023. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Texas and California. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$300
Average Grant
$2K
Largest Grant
$6K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Chu Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TX, CA.
Chu Family Foundation Inc. has distributed a total of $15K across 3 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
Chu Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Chu Family Foundation Inc. is headquartered in ATHERTON, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Chu | PRESIDENT | $0 | $0 | N/A |
| Loretta Chu | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$58K
Fair Market Value
N/A
Net Worth
$58K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$15K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chp 11-99 FoundationPUBLIC SAFETY | Costa Mesa, CA | $5K | 2023 |
| Overseas China Education FoundationEDUCATION | Houston, TX | $5K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA