Nonprofit · EIN 26-3276872
SHENG-YEN LU FOUNDATION
Tax-exempt · REDMOND, WA 98052
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,796,335 | $2,601,527 | -$805,192 | $10,879,677 | $6,000 | $10,873,677 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHEL ALLEN | EXECUTIVE DIRECTOR Officer | 30 | $99,366 |
| FO-CHING LU | PRESIDENT Trustee or director, Officer | 20 | $0 |
| SUSAN YANG | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANDREW ROBERTS | TREASURER Trustee or director, Officer | 20 | $0 |
| HEATHER EDLUND | DIRECTOR Trustee or director | 1 | $0 |
| DEXTER KUAH | DIRECTOR Trustee or director | 1 | $0 |
| TERESA PIERSA | DIRECTOR Trustee or director | 1 | $0 |
| HUMA ZARIF | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHEL ALLEN | VP, DIRECTOR OF PROGRAMS & OPS Officer | 25 | $83,521 |
| FO-CHING LU | PRESIDENT Trustee or director, Officer | 20 | $0 |
| ANDY ROBERTS | TREASURER Trustee or director, Officer | 20 | $0 |
| SUSAN YANG | SECRETARY Trustee or director, Officer | 1 | $0 |
| HEATHER EDLUND | BOARD MEMBER Trustee or director | 1 | $0 |
| DEXTER KUAH | BOARD MEMBER Trustee or director | 1 | $0 |
| TERESA PIERSA | BOARD MEMBER Trustee or director | 1 | $0 |
| HUMA ZARIF | BOARD 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
- Website
- WWW.SYLFOUNDATION.ORG
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,796,335 | $2,601,527 | $10,879,677 | XML |
| 990 | December 2023 | $2,043,207 | $2,322,846 | $11,502,957 | XML |
| 990 | December 2022 | $1,887,190 | $2,598,773 | $10,801,811 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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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