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Nonprofit · EIN 26-3276872

SHENG-YEN LU FOUNDATION

Tax-exempt · REDMOND, WA 98052

Financials

$2M$2.3M2023$1.8M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of SHENG-YEN LU FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,796,335$2,601,527-$805,192$10,879,677$6,000$10,873,677
December 31, 2023990$2,043,207$2,322,846-$279,639$11,502,957$5,000$11,497,957
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$603,881
Program service revenue
$0
Investment income
$1,192,454
Net gain from sales of assets
$915,997
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,260,541
Compensation of officers, directors and key employees
$99,366
Other salaries and wages
$20,279
Salaries, compensation and benefits (total)
$130,223
Professional fundraising fees
$0
Legal fees
$16,275
Accounting fees
$7,960
Occupancy
$43,263
Travel
$3,807
Program services (functional)
$2,430,159
Management and general (functional)
$160,435
Fundraising (functional)
$10,933

Balance sheet and other

Total assets, start of year
$11,502,957
Total assets, end of year
$10,879,677
Total liabilities, end of year
$6,000
Net assets, end of year
$10,873,677
Publicly traded securities
$10,418,328
Gross receipts
$5,999,759
Employees
3
Volunteers
9
Year formed
2008
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RACHEL ALLENEXECUTIVE DIRECTOR
Officer
30$99,366
FO-CHING LUPRESIDENT
Trustee or director, Officer
20$0
SUSAN YANGSECRETARY
Trustee or director, Officer
1$0
ANDREW ROBERTSTREASURER
Trustee or director, Officer
20$0
HEATHER EDLUNDDIRECTOR
Trustee or director
1$0
DEXTER KUAHDIRECTOR
Trustee or director
1$0
TERESA PIERSADIRECTOR
Trustee or director
1$0
HUMA ZARIFDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
RACHEL ALLENVP, DIRECTOR OF PROGRAMS & OPS
Officer
25$83,521
FO-CHING LUPRESIDENT
Trustee or director, Officer
20$0
ANDY ROBERTSTREASURER
Trustee or director, Officer
20$0
SUSAN YANGSECRETARY
Trustee or director, Officer
1$0
HEATHER EDLUNDBOARD MEMBER
Trustee or director
1$0
DEXTER KUAHBOARD MEMBER
Trustee or director
1$0
TERESA PIERSABOARD MEMBER
Trustee or director
1$0
HUMA ZARIFBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
17102 NE 40TH CT, REDMOND, WA 98052-5479
In care of
% FO-CHING LU
Principal officer (990 for 2024)
FO-CHING LU, 17102 NE 40TH CT, REDMOND, WA 98052
Signed the 990
FO-CHING LU, PRESIDENT
Phone
(425) 883-3500
Return prepared by
CLARK NUBER PS

Mission

SHENG-YEN LU FOUNDATION COMBINES COMPASSION AND PHILANTHROPY WITH STRATEGIC GRANT-MAKING TO ADVANCE QUALITY HEALTH AND EDUCATION FOR ALL. THE FOUNDATION ALSO AWARDS SCHOLARSHIPS AND MAKES GRANTS FOR DISASTER RELIEF AND RECOVERY.

990 for the year ended December 31, 2024

Program accomplishments

  • SHENG-YEN LU FOUNDATION MADE 32 HEALTHCARE AND EDUCATION GRANTS IN 2024 AS PART OF OUR HEALTH AND EDUCATION ACCESS FUNDING STREAM. THESE GRANTS SUPPORT ORGANIZATIONS WORKING TO PROVIDE EQUITABLE ACCESS TO HEALTHCARE AND EDUCATION TO IMMIGRANT AND REFUGEE COMMUNITIES. THEY PROVIDE FUNDING FOR ORGANIZATIONS THAT REMOVE BARRIERS TO ACCESS, OFFER CULTURALLY AND LINGUISTICALLY APPROPRIATE HEALTHCARE SERVICES, WORK TO INCREASE DIVERSITY IN HEALTHCARE, AND THAT SUPPORT STUDENTS AND THEIR FAMILIES IN EARLY EDUCATION, SECONDARY EDUCATION COMPLETION, AND THE TRANSITION TO COLLEGE.
    Expenses $1,104,160 · grants $1,050,000
  • SHENG-YEN LU FOUNDATION MADE 23 JUSTICE FUND GRANTS IN 2024. THE JUSTICE FUND MAKES GRANTS TO IMMIGRANT AND REFUGEE SERVING ORGANIZATIONS THAT ARE: 1) BUILDING AN INCLUSIVE ECONOMY IN WHICH IMMIGRANTS AND REFUGEES CAN THRIVE 2) CONDUCTING NARRATIVE CHANGE WORK TO CREATE A MORE WELCOMING, INCLUSIVE, ANTI-RACIST, AND COMPASSIONATE VISION FOR OUR NATION 3) ENGAGING IN ADVOCACY AND SYSTEMS-CHANGE WORK TO PROMOTE CIVIC PARTICIPATION AND IMMIGRANT JUSTICE INCLUDING ACCESS TO HEALTHCARE, EDUCATION, HOUSING, SAFETY, AND OTHER BASIC HUMAN NEEDS AND 4) PROVIDING LEGAL REPRESENTATION TO IMMIGRANTS AND REFUGEES.
    Expenses $773,604 · grants $715,000
  • OTHER GRANTMAKING ACTIVITY: SHENG-YEN LU FOUNDATION SPONSORED COMMUNITY EVENTS HELD BY 40 PARTNER ORGANIZATIONS IN 2024. ONE SET OF SPECIAL PROJECTS IS OUR DISASTER RELIEF EFFORTS. 100% OF FUNDS RAISED FOR DISASTER RELIEF EFFORTS GO TOWARD REBUILDING THE LIVES OF THOSE AFFECTED BY DISASTERS. IN 2024, ONE ORGANIZATION RECEIVED FUNDS TO HELP VICTIMS OF THE EARTHQUAKE IN TAIWAN, AND ANOTHER ORGANIZATION RECEIVED FUNDING FOR EMERGENCY RESPONSE SERVICES IN GAZA. SHENG-YEN LU FOUNDATION ALSO MADE 13 RAPID RESPONSE GRANTS IN 2024. THESE GRANTS ARE MADE TO GRANTEE PARTNERS WHO ARE FACING AN UNANTICIPATED NEED FOR FUNDS TO ADDRESS AN EMERGENCY SITUATION. SHENG-YEN LU FOUNDATION ALSO MADE 10 COMMUNITY-LED GRANTS IN 2024 TO NONPROFITS THAT WERE NOMINATED BY OUR EXISTING GRANTEES. THE GOAL OF THIS FUNDING STREAM IS TO BROADEN THE SCOPE OF OUR PHILANTHROPIC EFFORTS AND SUPPORT NEWER AND/OR SMALLER ORGANIZATIONS IN THEIR DEVELOPMENT. FINALLY, ONE ADDITIONAL SPECIAL PROJECTS GRANT WAS MADE IN 2024 TO SUPPORT A SABBATICAL FUND FOR BIPOC NONPROFIT LEADERS IN WASHINGTON STATE, AND AN ADDITIONAL SPECIAL PROJECTS GRANT WAS MADE AS A CAPITAL CAMPAIGN GIFT TO A HEALTHCARE ORGANIZATION.
    Expenses $453,721 · grants $404,346
  • SHENG-YEN LU FOUNDATION OPERATES THE LOTUS SCHOLARSHIP PROGRAM TO BENEFIT IMMIGRANT AND REFUGEE STUDENTS WHO ARE GRADUATING HIGH SCHOOL AND WISH TO PURSUE A COLLEGE DEGREE. THE SCHOLARSHIP HELPS THESE STUDENTS WHO ARE OFTEN THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE AND WHO FACE TREMENDOUS LANGUAGE, CULTURAL, AND FINANCIAL BARRIERS. A TOTAL OF 33 INDIVIDUAL SCHOLARSHIPS WERE AWARDED IN 2024 TO ASSIST WITH THE COST OF POST-SECONDARY EDUCATION.
    Expenses $98,674 · grants $91,195

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-3276872
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X50)
Assets (IRS master file)
$10,879,677
Income (IRS master file)
$5,999,759

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,796,335$2,601,527$10,879,677XML
990December 2023$2,043,207$2,322,846$11,502,957XML
990December 2022$1,887,190$2,598,773$10,801,811IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3276872).

Questions about SHENG-YEN LU FOUNDATION

What is the EIN of SHENG-YEN LU FOUNDATION?
The employer identification number (EIN) of SHENG-YEN LU FOUNDATION is 26-3276872.
Is SHENG-YEN LU FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to SHENG-YEN LU FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SHENG-YEN LU FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SHENG-YEN LU FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHENG-YEN LU FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SHENG-YEN LU FOUNDATION?
The 990 for the year ended December 31, 2024 names FO-CHING LU.
Who are the officers and directors of SHENG-YEN LU FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $99,366 (RACHEL ALLEN, EXECUTIVE DIRECTOR).
How much revenue does SHENG-YEN LU FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,796,335, expenses of $2,601,527 and total assets of $10,879,677 at year end.

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