//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Lu & Wang Family Foundation Inc. is a private corporation based in GARRISON, NY. The foundation received its IRS ruling in 2022. The principal officer is Yihui Wang. It holds total assets of $467K. Annual income is reported at $101K. 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 2022 to 2023. Funding is distributed across 5 states, including New York, Florida, North Carolina. According to available records, Lu & Wang Family Foundation Inc. has made 29 grants totaling $32K, with a median grant of $1K. Annual giving has decreased from $19K in 2022 to $13K in 2023. Individual grants have ranged from $100 to $3K, with an average award of $1K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in New York, North Carolina, Florida, which account for 79% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 9 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.
Lu & Wang Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in NY, NC, FL.
Lu & Wang Family Foundation Inc. has distributed a total of $32K across 29 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $100 to $3K.
Lu & Wang Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lu & Wang Family Foundation Inc. is headquartered in GARRISON, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ping Lu | CFO | $0 | $0 | N/A |
| Yihui Wang | CEO | $0 | $0 | N/A |
Total Giving
$51K
Total Assets
$508K
Fair Market Value
$494K
Net Worth
$481K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$40K
Distribution Amount
$24K
Total: $258K
Total Grants
29
Total Giving
$32K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
17
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Collegiate SchoolEducation | New York, NY | $3K | 2023 |
| Spence SchoolEducation | New York, NY | $3K | 2023 |
| Clearwater Marine AquariumCharitable | Clearwater Beach, FL | $2K | 2023 |
| World Wide Fund For Nature Hong KongCharitable | Hongkong | $2K | 2023 |
| Reef Renewal Foundation InternationalCharitable | Larchmont, NY | $1K | 2023 |
| Baruch College FundEducation | New York, NY | $1K | 2023 |
| Unc-Chapel HillCharitable | Chapel Hill, NC | $1K | 2023 |
| PelotoniaEducation | Columbus, OH | $207 | 2023 |
| Kaufman Music CenterCharitable | New York, NY | $200 | 2023 |
| Downtown United Soccer ClubEducation | New York, NY | $100 | 2023 |
| American Childrens Cancer Benevolence FundCharitable | Valrico, FL | $100 | 2023 |
| Unc Chapel HillEducation | Chapel Hill, NC | $2K | 2022 |
| School Of American BalletEducation | New York, NY | $1K | 2022 |
| Open SquashCharitable | New York, NY | $1K | 2022 |
| Clearwater Aquarium Manatee Rehab CenterCharitable | Clearwater Beach, FL | $210 | 2022 |
| Go Fund MeCharitable | San Diego, CA | $105 | 2022 |
| Razom For UkraineCharitable | New York, NY | $100 | 2022 |