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The Lu Foundation is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2006. The principal officer is C Mike Lu. It holds total assets of $4M. Annual income is reported at $401K. Total assets have grown from $1.7M in 2011 to $4M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Funding is distributed across 5 states, including Colorado, California, New York. According to available records, The Lu Foundation has made 32 grants totaling $543K, with a median grant of $11K. Annual giving has grown from $163K in 2021 to $380K in 2022. Individual grants have ranged from $5K to $55K, with an average award of $17K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Colorado, New York, California, which account for 75% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$12K
Average Grant
$16K
Largest Grant
$50K
Based on 10 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 Lu Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in CO, NY, CA.
The Lu Foundation has distributed a total of $543K across 32 grants. The median grant size is $11K, with an average of $17K. Individual grants have ranged from $5K to $55K.
The Lu Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Lu Foundation is headquartered in DENVER, CO. While based in CO, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Y Jeff Lu | DIRECTOR | $0 | $0 | N/A |
| Connie Lu | DIRECTOR | $0 | $0 | N/A |
| C Mike Lu | PRESIDENT | $0 | $0 | N/A |
| C Maria Lu | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4M
Fair Market Value
N/A
Net Worth
$4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
32
Total Giving
$543K
Average Grant
$17K
Median Grant
$11K
Unique Recipients
11
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project Angel HeartCHARITABLE | Denver, CO | $55K | 2022 |
| Doctors Without BordersCHARITABLE | New York, NY | $25K | 2022 |
| PropublicaCHARITABLE | New York, NY | $23K | 2022 |
| Activateit Of DenverCHARITABLE | Denver, CO | $20K | 2022 |
| Foundation Of National ProgressCHARITABLE | San Francisco, CA | $18K | 2022 |
| Chinese HospitalCHARITABLE | San Francisco, CA | $11K | 2022 |
| Safehouse Denver IncCHARITABLE | Denver, CO | $9K | 2022 |
| Adopt A Family Of The Palm BeachesCHARITABLE | Lake Worth, FL | $9K | 2022 |
| State Innovation ExchangeCHARITABLE | Madison, WI | $8K | 2022 |
| Urban PeakCHARITABLE | Denver, CO | $8K | 2022 |
| Quincy InstituteCHARITABLE | Washington, DC | $5K | 2022 |