//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Luchen Foundation is a private corporation based in LEWES, DE. The foundation received its IRS ruling in 2012. The principal officer is Foundation Source. It holds total assets of $14M. Annual income is reported at $8.8M. Total assets have grown from $497K in 2010 to $14M in 2024. 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 2016 to 2024. The foundation primarily funds organizations in California and Ohio. According to available records, Luchen Foundation has made 5 grants totaling $508K, with a median grant of $150K. Annual giving has grown from $208K in 2021 to $300K in 2022. Individual grants have ranged from $3K to $185K, with an average award of $102K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$20K
Average Grant
$69K
Largest Grant
$185K
Based on 3 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.
Luchen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH, CA.
Luchen Foundation has distributed a total of $508K across 5 grants. The median grant size is $150K, with an average of $102K. Individual grants have ranged from $3K to $185K.
Luchen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Luchen Foundation is headquartered in LEWES, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Chen | President | $0 | $0 | N/A |
| Onnie Lu | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14M
Fair Market Value
N/A
Net Worth
$14M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$508K
Average Grant
$102K
Median Grant
$150K
Unique Recipients
3
Most Common Grant
$150K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Investment Charitable GiftUnrestricted General | Cincinnati, OH | $150K | 2022 |
| Family KeeperUnrestricted General | Walnut, CA | $20K | 2021 |
| Asian Pacific Community FundUnrestricted General | Los Angeles, CA | $3K | 2021 |