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John And Mary Tu Foundation is a private corporation based in FOUNTAIN VLY, CA. The foundation received its IRS ruling in 2010. The principal officer is % Albert Kong. It holds total assets of $28.9M. Annual income is reported at $8.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, John And Mary Tu Foundation has made 44 grants totaling $23.5M, with a median grant of $100K. Annual giving has decreased from $10.2M in 2020 to $4M in 2023. Individual grants have ranged from $3K to $5M, with an average award of $534K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in California, Iowa, Connecticut, which account for 82% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
John And Mary Tu Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in CA, IA, CT.
John And Mary Tu Foundation has distributed a total of $23.5M across 44 grants. The median grant size is $100K, with an average of $534K. Individual grants have ranged from $3K to $5M.
John And Mary Tu Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Mary Tu Foundation is headquartered in FOUNTAIN VLY, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Tu | DIRECTOR | $0 | $0 | $0 |
| John Tu | CHAIRMAN | $0 | $0 | $0 |
| Albert Kong | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1.9M
Total Assets
$28.9M
Fair Market Value
$28.8M
Net Worth
$23.5M
Grants Paid
$1.8M
Contributions
$0
Net Investment Income
$3.1M
Distribution Amount
$1.2M
Total Grants
44
Total Giving
$23.5M
Average Grant
$534K
Median Grant
$100K
Unique Recipients
21
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Go And Do LikewiseSUPPORT FOR EDUCATION | Fountain Valley, CA | $4K | 2020 |
| Global Gifted FoundationSUPPORT FOR EDUCATION AND RESEARCH | Huntington Beach, CA | $2M | 2023 |
| Bowers MuseumSUPPORT FOR ARTS | Santa Ana, CA | $1M | 2023 |
| Uc-Irvine FoundationSUPPORT FOR EDUCATION AND RESEARCH | Irvine, CA | $450K | 2023 |
| Southern California Public RadioSUPPORT FOR PUBLIC MEDIA | Pasadena, CA |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| $350K |
| 2023 |
| Western Iowa Journalism FoundationSUPPORT FOR THE ARTS - PUBLIC NEWS | Breda, IA | $100K | 2023 |
| International Bird RescueSUPPORT FOR WILDLIFE CONSERVATION | San Pedro, CA | $35K | 2023 |
| Freedom Writers FoundationSUPPORT FOR EDUCATION | Long Beach, CA | $20K | 2023 |
| Uc Berkley FoundationSUPPORT FOR EDUCATION AND ARTS | Berkley, CA | $10K | 2023 |
| My Hero ProjectSUPPORT FOR EDUCATION | Irvine, CA | $3K | 2023 |
| University Of New HavenSUPPORT FOR EDUCATION | West Haven, CT | $200K | 2022 |
| American Heart AssociationSUPPORT FOR HEALTH | Dallas, TX | $100K | 2022 |
| Make A Wish FoundationSUPPORT FOR YOUTH HEALTH | Irvine, CA | $100K | 2022 |
| Pdx WildlifeSUPPORT FOR WILDLIFE CONSERVATION | Portland, OR | $75K | 2022 |
| San Musae Cultural CenterSUPPORT FOR THE ARTS | City Of Industry, CA | $50K | 2022 |
| The National Foundation For Am PolicySUPPORT FOR THE ARTS - PUBLIC NEWS | Arlington, VA | $25K | 2022 |
| Boys And Girls Club - South CoastSUPPORT FOR YOUTH ACTIVITY | San Clemente, CA | $10K | 2022 |
| Uc San DiegoSUPPORT FOR RESEARCH | La Jolla, CA | $1M | 2020 |
| Pacific SymphonySUPPORT FOR PERFORMING ARTS | Santa Ana, CA | $750K | 2020 |
| Orange County Music And DanceSUPPORT FOR PERFORMING ARTS | Laguna Niguel, CA | $250K | 2020 |
| St Jude Childrens HospitalSUPPORT FOR HEALTH | Memphis, TN | $100K | 2020 |
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