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Also known as: CHAFEN LU TTEE
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Springer-Lu Family Foundation is a private trust based in CHESTNUT HILL, MA. The foundation received its IRS ruling in 2021. The principal officer is Chafen Lu. It holds total assets of $14.2M. Annual income is reported at $5.6M. Total assets have grown from $8.9M in 2020 to $14.1M in 2023. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. According to available records, Springer-Lu Family Foundation has made 7 grants totaling $923K, with a median grant of $100K. Annual giving has grown from $273K in 2022 to $650K in 2023. Individual grants have ranged from $3K to $250K, with an average award of $132K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Tennessee, Missouri, Massachusetts, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. 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.
Springer-Lu Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TN, MO, MA.
Springer-Lu Family Foundation has distributed a total of $923K across 7 grants. The median grant size is $100K, with an average of $132K. Individual grants have ranged from $3K to $250K.
Springer-Lu Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Springer-Lu Family Foundation is headquartered in CHESTNUT HILL, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chafen Lu | TRUSTEE | $18K | $0 | $18K |
Total Giving
$740K
Total Assets
$14.1M
Fair Market Value
$14.5M
Net Worth
$14.1M
Grants Paid
$650K
Contributions
N/A
Net Investment Income
$520K
Distribution Amount
$675K
Total Grants
7
Total Giving
$923K
Average Grant
$132K
Median Grant
$100K
Unique Recipients
4
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanderbilt University Medical CenterCHARITABLE GIFT | Nashville, TN | $250K | 2023 |
| Greater Horizons FundCHARITABLE GIFT | Kansas City, MO | $100K | 2023 |
| Cellobello LlcCHARITABLE GIFT | Boston, MA | $20K | 2022 |
| University Of California BerkeleyCHARITABLE GIFT | Berkeley, CA | $3K | 2022 |