NonprofitsSheng-Yen Lu Foundation

Religion-Related

Sheng-Yen Lu Foundation

REDMOND, WA

Total revenue

$1.8M

Total expenses

$2.6M

Net assets

$10.9M

Grants received

$39K

10 grants

EIN

263276872

Tax year

2024

Mission

To promote and advance quality health and education for all.

Programs

3 programs

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: $774KGrants: $715K

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: $454KGrants: $404K

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: $99KGrants: $91K

Financials

FY 2024

Revenue

Contributions & grants$604K
Program service revenue
Investment income$1.2M
Other revenue
Total revenue$1.8M

Expenses

Grants paid$2.3M
Salaries & benefits$130K
Fundraising$11K
Other expenses$211K
Total expenses$2.6M
Total assets$10.9M
Net assets$10.9M

People

8 listed

NameRoleCompensation

RACHEL ALLEN

EXECUTIVE DIRECTOR

Board

$99K

30 hrs/wk

SUSAN YANG

SECRETARY

Board

1 hrs/wk

ANDREW ROBERTS

TREASURER

Board

20 hrs/wk

HEATHER EDLUND

DIRECTOR

Board

1 hrs/wk

FO-CHING LU

PRESIDENT

Board

20 hrs/wk

TERESA PIERSA

DIRECTOR

Board

1 hrs/wk

HUMA ZARIF

DIRECTOR

Board

1 hrs/wk

DEXTER KUAH

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$257
GENERAL SUPPORT
2023
$10K
GENERAL SUPPORT
2022
$360
GENERAL SUPPORT
2021
$6K
Unrestricted
2020
$200
GENERAL SUPPORT
2020
$110
GENERAL SUPPORT
2020

Funded by

$39K from 6 funders · 10 grants · 2020–2023

American Online Giving Foundation Inc

$15K · 2 grants · 2022–2023

The Blackbaud Giving Fund

$10K · 1 grant · 2022

Network For Good

$6K · 1 grant · 2020

Chang & Xiaohui Foundation

$1K · 1 grant · 2022

Analog Devices Foundation

$927 · 4 grants · 2020–2023

Details

EIN263276872
NTEE codeX50
Subsection03
Ruling date2009-05
Formed2008
Employees3
Volunteers9
SHENG-YEN LU FOUNDATION — Mission, Financials & Grants Received | Grantivo