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Lucas Brothers Foundation is a private corporation based in SAN JOSE, CA. The foundation received its IRS ruling in 1982. The principal officer is Melissa L Findley. It holds total assets of $39.9M. Annual income is reported at $18.5M. Total assets have grown from $9.5M in 2011 to $34.6M in 2022. The foundation is governed by 8 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Lucas Brothers Foundation has made 5 grants totaling $2M, with a median grant of $200K. Annual giving has grown from $100K in 2020 to $1.5M in 2022. Individual grants have ranged from $100K to $750K, with an average award of $400K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Minnesota. 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.
Lucas Brothers Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MN.
Lucas Brothers Foundation has distributed a total of $2M across 5 grants. The median grant size is $200K, with an average of $400K. Individual grants have ranged from $100K to $750K.
Lucas Brothers Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lucas Brothers Foundation is headquartered in SAN JOSE, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Joas | DIRECTOR | $0 | $0 | N/A |
| B J Cassin | DIRECTOR | $0 | $0 | N/A |
| Christopher B Lucas | DIRECTOR | $0 | $0 | N/A |
| Kurt A Latta | SECRETARY | $0 | $0 | N/A |
| Alexandra L Ertola | CHAIRMAN | $0 | $0 | N/A |
| Mark Lucas | DIRECTOR | $0 | $0 | N/A |
| John Shoven | DIRECTOR | $0 | $0 | N/A |
| Eric Ball | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$34.6M
Fair Market Value
$34.6M
Net Worth
$34.5M
Grants Paid
$1.2M
Contributions
$127K
Net Investment Income
$175K
Distribution Amount
$1.5M
Total: $76K
Total Grants
5
Total Giving
$2M
Average Grant
$400K
Median Grant
$200K
Unique Recipients
3
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MinnesotaMEDICAL RESEARCH | Minnespolis, MN | $100K | 2020 |
| Myriel Inc Co Dr Karen AsheAlzheimer research | Saint Paul, MN | $750K | 2022 |
| University Of Minnesota FoundationMEDICAL RESEARCH | Minnespolis, MN | $200K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA