Work at this foundation?
Claim this profile to edit this page 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. 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.
The Luchen Foundation is a closely-held family private foundation incorporated in Delaware in May 2012, administered through Foundation Source — a national foundation management firm that handles compliance, administration, and grantmaking operations for hundreds of family foundations. The foundation is led by Robert Chen (President) and Onnie Lu (Vice President), both serving without compensation, which is characteristic of a tightly controlled family philanthropy rather than a staffed institutional grantmaker.
The most critical strategic reality for grant seekers: the Luchen Foundation is classified as preselected-only. There is no public application process, no RFP, no grants portal, and no published deadline. The foundation's own records list application instructions as "none." All documented grant relationships appear to have originated from the initiative of the foundation's principals rather than through competitive solicitation.
The foundation's operational fingerprints point squarely to California's San Gabriel Valley. The listed phone number carries a (626) area code, covering cities including Pasadena, Alhambra, and Arcadia — among the most densely Chinese-American communities in the United States. The leadership names (Chen, Lu) are consistent with Chinese-American backgrounds. The most significant direct community grantee, Asian Pacific Community Fund ($3,000), serves this exact demographic in the Los Angeles basin.
The typical relationship progression for family foundations of this profile: informal introduction through shared professional or community networks → exploratory conversation → small first grant (often $5,000–$25,000) → multi-year relationship. The foundation's consistent use of unrestricted general support designations across all known grantees suggests it values organizational trust over project-specific directive funding.
First-time applicants cannot pursue this funder through conventional submission channels — there is nowhere to submit. The only viable path is relationship development with the named officers or through intermediaries connected to Foundation Source's advisory ecosystem. Organizations working in Asian Pacific community services, education, or cultural programming in California are best positioned to establish alignment, given the foundation's demonstrated grantee profile.
The Luchen Foundation's financial trajectory is one of the more striking in its asset class. Founded in 2012 with under $500,000 in assets, the foundation grew to $14,043,238 by FY2024 — a roughly 30-fold increase over eleven years. Growth was modest through FY2019 ($2,141,492), then accelerated dramatically: the principals contributed $3,071,893 in FY2020, $2,879,754 in FY2021, and $2,178,345 in FY2022, driving assets from $2.1M to $11.6M in just three years. A strong investment portfolio added $2,102,978 in net investment income in FY2023 alone.
Annual grantmaking was historically modest before surging in FY2023. Grants paid by year: $20,300 (FY2012), $19,410 (FY2013), $23,601 (FY2014), $30,000 (FY2015), $74,500 (FY2019), $188,000 (FY2020), $208,000 (FY2021), $150,000 (FY2022), and $1,024,724 (FY2023). The 2023 figure represents a fivefold single-year jump. FY2024 grants-paid data is not yet publicly filed; total revenue that year was $914,739.
The giving portfolio breaks down as follows based on available grantee records: - Fidelity Investment Charitable Gift Fund (DAF pass-through): $485,000 across 3 grants, representing 95% of recorded disbursements. Fidelity Charitable is a donor-advised fund sponsor — these transfers preserve flexibility for downstream charitable allocations directed by the principals. - Family Keeper: $20,000 (1 grant, unrestricted general) - Asian Pacific Community Fund: $3,000 (1 grant, unrestricted general)
An important geographic note: the state distribution showing Ohio (3 of 5 grantees) reflects Fidelity Charitable's Cincinnati, OH domicile, not a direct programmatic interest in Ohio-based nonprofits. California is the foundation's true direct-grant geography, where both identified community grantees operate.
All recorded grants carry an "unrestricted general" purpose designation. System-recorded grant parameters: minimum $3,000, median $20,000, maximum $185,000, average $69,333. For realistic direct community grants (excluding DAF transfers), initial awards are likely in the $3,000–$30,000 range, with potential for larger amounts ($100,000+) for established relationships.
The Luchen Foundation sits in a cohort of similarly-sized private grantmaking foundations (NTEE T20) with assets clustered near $14 million. All five peer foundations identified in this asset range share the same structural profile: independent, privately-held, with no public application processes or web-searchable grantee histories.
| Foundation | State | Assets (Latest) | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| Luchen Foundation | DE/CA | $14,043,238 | $1,024,724 (FY2023) | Asian-American community, philanthropy | Preselected only |
| Rjkb Family Charitable Foundation | FL | $14,056,723 | Not publicly available | General philanthropy | Not public |
| Sophiagrace Foundation | CA | $14,040,898 | Not publicly available | General philanthropy | Not public |
| George & June Block Family Foundation | IL | $14,034,867 | Not publicly available | General philanthropy | Not public |
| Lockridge Charitable Foundation Trust | CA | $14,028,972 | Not publicly available | General philanthropy | Not public |
| Irish Woods Foundation | IL | $14,031,770 | Not publicly available | General philanthropy | Not public |
Luchen distinguishes itself within this peer group in two meaningful ways. First, it is the only foundation in the cohort with documented, publicly-filed grantee data revealing a specific focus on Asian Pacific communities — a differentiator that narrows the relevant applicant pool considerably. Second, the FY2023 grantmaking of $1,024,724 is the largest on record and likely exceeds peer-group norms: foundations at this asset level are required by IRS rules to distribute approximately 5% annually (~$700,000), meaning Luchen exceeded its minimum payout requirement in FY2023. Sophiagrace Foundation (CA) is the sole peer with a public website, suggesting a modestly greater openness to outreach than the others.
Web searches conducted in July 2026 returned no news articles, press releases, grant announcements, or philanthropy publication mentions attributable to the US-registered Luchen Foundation (EIN 271424418) in 2025 or 2026. The foundation has essentially zero public media footprint — consistent with its closely-held, family-controlled model. No leadership changes, new program announcements, or major gift announcements were identified through web research.
The most significant recent activity on record comes from IRS financial filings. In FY2023, the foundation made $1,024,724 in grants paid against total giving of $1,113,631 — by far the largest single-year disbursement in the foundation's twelve-year history, representing a 583% increase over FY2022's $150,000. Revenue that year reached $3,392,035, driven by $1,289,057 in new principal contributions and $2,102,978 in net investment income.
The Fidelity Investment Charitable Gift Fund received three grants totaling $485,000 in the recorded grantee data, with individual transfers as large as $185,000. Asian Pacific Community Fund (Los Angeles, CA) received $3,000 and Family Keeper received $20,000 as direct community grants.
FY2024 data shows $914,739 in total revenue and $14,043,238 in total assets — modest growth from FY2023's $13,885,615 — but grants-paid figures are not yet publicly available, indicating the Form 990-PF for that fiscal year remains unfiled or unpublished as of July 2026. The foundation was established in May 2012 and has operated quietly for over a decade, growing from under $500,000 in assets to $14 million through a combination of sustained principal contributions and investment returns.
The Luchen Foundation does not operate an open grant program. There is no application portal, published RFP, listed deadline, or public eligibility criteria. The database status "preselected only" means all grantee relationships are initiated at the foundation's discretion. Grant seekers must pursue relationship development rather than proposal submission.
Relationship-building pathways most likely to create access:
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
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.
The Luchen Foundation's financial trajectory is one of the more striking in its asset class. Founded in 2012 with under $500,000 in assets, the foundation grew to $14,043,238 by FY2024 — a roughly 30-fold increase over eleven years. Growth was modest through FY2019 ($2,141,492), then accelerated dramatically: the principals contributed $3,071,893 in FY2020, $2,879,754 in FY2021, and $2,178,345 in FY2022, driving assets from $2.1M to $11.6M in just three years. A strong investment portfolio added.
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.
The Luchen Foundation is a closely-held family private foundation incorporated in Delaware in May 2012, administered through Foundation Source — a national foundation management firm that handles compliance, administration, and grantmaking operations for hundreds of family foundations. The foundation is led by Robert Chen (President) and Onnie Lu (Vice President), both serving without compensation, which is characteristic of a tightly controlled family philanthropy rather than a staffed institut.
Luchen Foundation is headquartered in LEWES, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| 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 |