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Lum Foundation is a private corporation based in HARRISON, NY. The foundation received its IRS ruling in 2021. The principal officer is % C/O Treehouse Family Service. It holds total assets of $28.5M. Annual income is reported at $23.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lum Foundation has made 9 grants totaling $7.8M, with a median grant of $250K. Annual giving has decreased from $5M in 2021 to $2.5M in 2023. Individual grants have ranged from $32K to $5M, with an average award of $869K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Ohio, New York, Virginia, which account for 67% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Lum Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in OH, NY, VA.
Lum Foundation has distributed a total of $7.8M across 9 grants. The median grant size is $250K, with an average of $869K. Individual grants have ranged from $32K to $5M.
Lum Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lum Foundation is headquartered in HARRISON, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert A Granieri | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Sarah Groothuis | SECRETARY | $0 | $0 | $0 |
Total Giving
$2.6M
Total Assets
$17.4M
Fair Market Value
$26.7M
Net Worth
$17.4M
Grants Paid
$2.5M
Contributions
$0
Net Investment Income
$146K
Distribution Amount
$1.3M
Total: $0
Total Grants
9
Total Giving
$7.8M
Average Grant
$869K
Median Grant
$250K
Unique Recipients
8
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Renew Democracy InitiativeGENERAL SUPPORT | New York, NY | $1M | 2023 |
| United Jewish Appeal FederationGENERAL SUPPORT | New York, NY | $750K | 2023 |
| Consumer Choice EducationsGENERAL SUPPORT | Arlington, VA | $288K | 2023 |
| Dignitas UkraineGENERAL SUPPORT | Cranford, NJ | $250K | 2023 |
| Hospitallers Ukraine Aid LimitedSEE EXPENDITURE RESPONSIBILITY STATEMENT | Covent Garden London | $200K | 2023 |
Other foundations that have funded Lum Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Summerlee Foundation | $35K | 2023 | GENERAL SUPPORT |
| Jacobs Family Foundation Inc. | $1K | 2022 | ANNUAL PLEDGE |
| Jacobs Family Foundation Inc. | $1K | 2022 | ANNUAL PLEDGE |
| Stlrb Family Foundation | $500 | 2020 | Charitable |
| Afghan EvacGENERAL SUPPORT | San Diego, CA | $32K | 2023 |
| Digital Citizen FundGENERAL SUPPORT | Brooklyn, NY | $150K | 2022 |
| Fidelity CharitableGENERAL SUPPORT | Cincinnati, OH | $5M | 2021 |
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