Lou Foundation
- Assets
- $1.1m
- Revenue
- $0.0
- Investments
- $1.1m
- Employees
- 0
- Location
- Los Altos Hills, CA
- Founding
- 02/2017
- Data as of
- 07/2023
- EIN
- 81-3676636
Organization Overview
Lou Foundation is located in Los Altos Hills, CA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lou Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Lou Foundation has awarded 48 individual grants totaling $238,069. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tianchun Lou President | 5 | $0 | |
Yue Zhao Director | 1 | $0 | |
Jin Pi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $5,442 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| 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 | $5,460 |
| Total operating and administrative expenses | $5,460 |
| Contributions, gifts, grants paid | $42,809 |
| Total expenses and disbursements | $48,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,391 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $50 |
| 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 | $1,080,174 |
| 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, Lou Foundation has awarded $42,809 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
OMNIWARE NETWORKS PURPOSE: GENERAL | $2,000 |
MVLA PURPOSE: GENERAL | $11,250 |
STANFORD UNIVERSITY PURPOSE: ART PROGRAM | $6,000 |
GUNN HIGH SCHOOL PURPOSE: MUSIC PROGRAM | $975 |
INTERSECTION FOR THE ARTS PURPOSE: ART PROGRAM | $1,888 |
UNITED SERVICE ORGANIZATIONS PURPOSE: GENERAL | $696 |