Chu Family Foundation Inc

Organization Overview

Chu Family Foundation Inc is located in Duluth, GA. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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 Inc 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 Inc generated $283.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $645.6k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Chu Family Foundation Inc has awarded 79 individual grants totaling $2,419,255. 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)Compensation
Jee H Chu
President
$0
Chung K Chu
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $21,172
Dividends & Interest $71,258
Net Rental Income$0
Net Gain on Sale of Assets $190,534
Capital Gain Net Income $190,534
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $282,964

Grants Awarded

Over the last fiscal year, Chu Family Foundation Inc has awarded $549,500 in support to 17 organizations.

Grant RecipientAmount

THE KOREAN AMERICAN SCHOOL OF ATLAN

PURPOSE: TO PROVIDE SCHOLARSHIPS

$10,000

USO

PURPOSE: TO PROVIDE SCHOLARSHIPS

$10,000

INTERNATIONAL SOCIETY FOR ANTIVIRAL

PURPOSE: TO PROVIDE SCHOLARSHIPS

$10,000

KOREAN AMERICAN CULTURAL FOUNDATION

PURPOSE: TO PROVIDE SCHOLARSHIPS

$5,000

DAYBREAK UNIVERSITY

PURPOSE: TO PROVIDE SCHOLARSHIPS

$50,000

CHILDREN'S NATIONAL HOSPITAL FOUNDA

PURPOSE: TO PROVIDE SCHOLARSHIPS

$100,000
View Grant Profile

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