Lu And Ku Family Foundation
- Assets
- $121.6k
- Revenue
- $3.6k
- Investments
- $107.1k
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- Data as of
- 08/2024
- EIN
- 87-2714689
Organization Overview
Lu And Ku Family Foundation is located in Sunnyvale, CA. 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. Lu And Ku 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 08/2024, Lu And Ku Family Foundation generated $3.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $15.7k during the year ending 08/2024. 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 |
|---|---|---|---|
Edward Lu CEO | 0 | $0 | |
Carol Ku Lu Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,565 |
| 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 | $3,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,884 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,838 |
| Printing and publications | $0 |
| Other expenses | $565 |
| Total operating and administrative expenses | $13,358 |
| Contributions, gifts, grants paid | $2,306 |
| Total expenses and disbursements | $15,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,406 |
| Savings and temporary cash investments | $0 |
| 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 | $103,544 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $121,551 |
| 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, Lu And Ku Family Foundation has awarded $2,306 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHINESE LANGUAGE IMMERSION PROGRAM PURPOSE: TO THE CUPERTINO UNION SCHOOL DISTRICT (CUSD) FOR SUPPLEMENTAL FINANCIAL SUPPORT OF THE CUPERTINO LANGUAGE IMMERSION PROGRAM (CLIP) TO SUSTAIN AND ENRICH THE EDUCATIONAL ENVIRONMENT OF THE STUDENTS IN CLIP. | $801 |
CUPERTINO MIDDLE SCHOOL PURPOSE: TO PROVIDE A CHILD-CENTERED ENVIRONMENT THAT CULTIVATES CHARACTER, FOSTERS ACADEMIC EXCELLENCE, AND EMBRACES DIVERSITY. DISTRICT FAMILIES, COMMUNITIES, AND STAFF JOIN AS PARTNERS TO DEVELOP CREATIVE, EXEMPLARY LEARNERS WITH THE SKILLS AND ENTHUSIASM TO CONTRIBUTE TO A CONSTANTLY CHANGING GLOBAL SOCIETY. | $125 |
JOHN MUIR ELEMENTARY PURPOSE: TO OPERATE AS A PROFESSIONAL LEARNING COMMUNITY THAT EFFECTIVELY USES DATA TO INFORM INSTRUCTION AND IS COMMITTED TO PROVIDING AN ENVIRONMENT FOR 21ST-CENTURY TEACHING AND LEARNING. TOGETHER WE WILL ENDURE DIVERSE PATHS TO SUPPORT ALL STUDENTS TO BE COLLEGE AND CAREER READY, EQUIPPED TO COMPETE AND CONTRIBUTE IN A GLOBAL SOCIETY. | $45 |
VALLEY HEALTH FOUNDATION PURPOSE: TO BE A LEADER FOR COMMUNITY HEALTH AND HEALTHCARE IN SANTA CLARA COUNTY BY FUNDRAISING TO SUPPORT, INNOVATE, AND ADVOCATE BETTER HEALTH FOR ALL. | $100 |
LARKIN STREET YOUTH SERVICES PURPOSE: TO MOVE BEYOND HOMELESSNESS. | $400 |
CUPERTINO VALLEY ATHLETIC LEAGUE PURPOSE: TO PROVIDE AN INTER-SCHOOL ATHLETIC PROGRAM TO AS MANY STUDENTS AS POSSIBLE. THE PROGRAM OFFERS SPORT-SPECIFIC INSTRUCTION AND REINFORCES THE PRINCIPLES OF SELF-ESTEEM BUILDING, SELF-DISCIPLINE, AND CONSCIENTIOUS SPORTSMANSHIP BY STUDENT-ATHLETES, COACHES, REFEREES, PARENTS, AND ADMINISTRATORS. | $160 |