//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Lo Family Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2020. The principal officer is Patrick & Emily Lo. It holds total assets of $2.1M. Annual income is reported at $3.5M. 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 2020 to 2023. According to available records, Lo Family Foundation has made 3 grants totaling $41K, with a median grant of $20K. The foundation has distributed between $20K and $21K annually from 2022 to 2023. Individual grants have ranged from $500 to $20K, with an average award of $14K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and California. Contributions to this foundation are tax-deductible.
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.
Lo Family Foundation 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 NY, CA.
Lo Family Foundation has distributed a total of $41K across 3 grants. The median grant size is $20K, with an average of $14K. Individual grants have ranged from $500 to $20K.
Lo Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lo Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patrick C S Lo | TRUSTEE | $0 | $0 | N/A |
| Emily S L Lo | TRUSTEE | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$480K
Fair Market Value
$510K
Net Worth
$480K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$24K
Total: N/A
Total Grants
3
Total Giving
$41K
Average Grant
$14K
Median Grant
$20K
Unique Recipients
2
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornell UniversityUNRESTRICTED GENERAL | Ithaca, NY | $20K | 2023 |
| Hakone FoundationUNRESTRICTED GENERAL | Saratoga, CA | $500 | 2022 |