Chu Family Foundation
- Assets
- $13.7k
- Revenue
- $6.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-1446600
Organization Overview
Chu Family Foundation is located in Lake Oswego, OR. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chu Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Chu Family Foundation generated $6.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $239.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Michael Chu Director/president | 0.25 | $0 | |
Elizabeth Chu Director | 0.25 | $0 | |
Dirk Edwards Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,375 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,115 |
| Total operating and administrative expenses | $26,490 |
| Contributions, gifts, grants paid | $212,500 |
| Total expenses and disbursements | $238,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $13,681 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,682 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chu Family Foundation has awarded $212,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JACOB'S PILLOW ANNUAL FUND PURPOSE: TO PROVIDE SUPPORT THAT WILL OFFER OPPORTUNITIES FOR ARISTS TO LEARN, CREATE, AND ACCOMPLISH THEIR GOALS BY PROVIDING A THRIVING PLATFORM FOR DANCE IN ORDER TO TRANSFORM AND INVIGORATE THE CULTURAL LANDSCAPE OF THE BERKSHIRES. OPPORTUNITIES INCLUDE: PRESENTING ACCLAIMED AND NEW DANCE COMPANIES FROM AROUND THE ROLD, PROVIDE A PLACE FOR DANCERS TO CREATE IN INNOVATIVE RESIDENCIES IN THE PILLOW LAB, TRAIN THE NEXT GENERATION OF DANCERS, PRESERVE AND DOCUMENT DANCE HISTORY FOR SHARING THROUGH THE ARCHIVES PROGRAM, AND ENGAGING IN LOCAL COMMUNITIES. | $150,000 |
BATES COLLEGE PURPOSE: TO PROVIDE SUPPORT FOR THE ENHANCEMENT OF EDUCATIONAL EXPERIENCES, BUILDING A BEST-IN-CLASS LIBERAL ARTS EXPERIENCES, FUNDING INTERNSHIPS AND STUDENT-FACULTY RESEARCH, ACCESS TO A GLOBAL COMMUNITY OF SUPPORTIVE ALUMNI, FINANCIAL AID, MAINTAINING LOW STUDENT-TO-FACULTY RADIO, AND PROVIDING TECHNOLOGY RESOURCES FOR STUDENT AND FACULTY. | $62,500 |