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Luan Foundation is a private corporation based in SAN JOSE, CA. The foundation received its IRS ruling in 2005. The principal officer is % Chenggang Luan. It holds total assets of $2.4M. Annual income is reported at $33.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Luan Foundation has made 6 grants totaling $170K, with a median grant of $15K. Annual giving has grown from $50K in 2020 to $95K in 2022. Individual grants have ranged from $5K to $95K, with an average award of $28K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in PR, Massachusetts, Rhode Island, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Luan Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in PR, MA, RI.
Luan Foundation has distributed a total of $170K across 6 grants. The median grant size is $15K, with an average of $28K. Individual grants have ranged from $5K to $95K.
Luan Foundation typically selects its grantees rather than accepting unsolicited proposals.
Luan Foundation is headquartered in SAN JOSE, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cheng Gang Luan | PRESIDENT | $0 | $0 | $0 |
Total Giving
$260K
Total Assets
$2.2M
Fair Market Value
$2.3M
Net Worth
$2.2M
Grants Paid
$95K
Contributions
$0
Net Investment Income
$238K
Distribution Amount
$95K
Total: $191K
Total Grants
6
Total Giving
$170K
Average Grant
$28K
Median Grant
$15K
Unique Recipients
4
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MitTO ADVANCE EDUCATION IN SCIENCE AND TECHNOLOGY | Cambridge, MA | $10K | 2021 |
| Brown UniversityTO ADVANCE EDUCATION | Providence, RI | $10K | 2021 |
| Gaudium Et Spes Foundation IncDIRECT SOCIAL ASSISTANCE AND CULTURAL PRESERVATION | San Juan, PR | $95K | 2022 |
| Bellevue LifespringPROVIDE FOOD AND CLOTHING FOR CHILDREN | Bellevue, WA | $5K | 2021 |
| 2015 | 990PF | View |
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