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· Private foundation

Lu & Wang Family Foundation Inc

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$14k
Granted FY2025still arriving
9
Grants FY2025still arriving
7
States reached
$5k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2025.

Education$31kEnvironment$7kAnimals$3kYouth Development$3kInternational$1kArts & Culture$1kHealth$1kRecreation & Sports$1kOther$0
02FY2025 · 9 grants

Where the money goes

Grants by size, and the largest recipients.

$1,000
Median grant
7
States reached
$467k
Total assets
Largest grants
RecipientAmount
Spence School$5,000
Collegiate School$3,000
Global Youth Philanthropy Leader$2,760
Reef Guardian Hawaii$1,500
UNC-Chapel Hill$1,000
Kids Saving the Rainforest$500
Pelotonia$207
World Wildlife Fund$108
New England Aquarium$100
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–24, $100) land where the poverty rate runs at 8%, against an area that typically sits at 10%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 10%Hearing Loss Association of America: $100 → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

NY
MA
OH
PA
CA
MD
NC
DC
HI
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

74%of every dollar goes to organizations it has funded before.
$36k · 6 repeat orgs$13k to everyone else

Grantees it renews have grown median revenue +38% since the first grant, against 0% for those funded once.

6 repeat relationships: 5 still active in FY2025, 1 since wound down; 4 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

6
14

Total granted

$36k
$8k

Median revenue growth · since first grant

+38%
0%

Still filing today

83%
79%

New vs renewed · share of each year

In FY2025, 68% of grant dollars renewed an existing relationship; $4k went to new ones.

50%100%’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’22’23’24’25
EducationEnvironmentInternationalArts & CultureRecreation & SportsAnimalsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TS
    THE SPENCE SCHOOL
    4× · 2022–2025 · $15k · revenue +1%
  • COLLEGIATE SCHOOL INC
    4× · 2022–2025 · $12k · revenue +38%
  • CM
    Clearwater Marine Aquarium Inc
    2× · 2023–2024 · $3k · revenue +341%

Funded once

  • WW
    World Wide Fund For Nature Hong Kong
    one grant, 2023 · $2k
  • RR
    REEF RENEWAL FOUNDATION INTERNATIONAL
    one grant, 2023 · $1k · revenue -1%
  • AO
    AMIGOS OF COSTA RICA INC
    one grant, 2024 · $1k · revenue -7%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Oceana Inc

To advocate for policy changes by governments and corporations in order to preserve ocean life and return the oceans to their former abundance.

Environment
2
Rainforest Trust

Rainforest trust saves endangered wildlife and protects our planet by creating rainforest reserves through partnerships, community engagement, and donor support.

International
3
Conservation International Foundation

Ci works to spotlight and secure the critical benefits that nature provides to humanity.

Environment
4
American Association for the Advancement of Science

Advance science, engineering, and innovation throughout the world for the benefit of all. the world's largest multidisciplinary scientific society and a leading publisher of cutting-edge research through its science family of journals,…

Science & Tech
5
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
6
The Coral Reef and Marine Science Foundation Inc C/O James Bildner
—
7
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
8
Aquarium of the Pacific Corporation

The aquarium of the pacific's mission is to instill a sense of wonder, respect, and stewardship for the pacific ocean, its inhabitants, and ecosystems.

Animals
9
Rainforest Foundation Inc

The purpose of rainforest foundation us is to support indigenous peoples and forest communities in their efforts to secure their lands, protect their environment, and uphold their rights.

Environment
10
Ocean Conservancy

Ocean conservancy unites science, people, and policy to protect our ocean, today and for generations to come.

Environment
11
The Coral Reef Alliance

Our research has demonstrated that corals can adapt to the effects of environmental stressors if immediate threats are reduced and if we protect healthy, ecologically connected networks of reefs.

Environment
12
Asociacion Interamericana Para La Defensa Del Ambiente

To strenghten people's ability to guarantee their individual and collective right to a healthy environment, via the development, implementation, and effective enforcement of national and international law.

Crime & Legal
How this is measured
The grantee most central to the portfolio’s shape is New England Aquarium Corporation; the most unlike its peers is Kids Saving the Rainforest Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

20 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 20 of the 24 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
20/20
Grantees still filing
12/20
Grew since first funded

Where the money sits, by cause and then by grantee

THE SPENCE SCHOOL: $15,000 · EducationTHE SPENCE SCHOOLCOLLEGIATE SCHOOL INC: $11,500 · EducationCOLLEGIATE SCHOOL INCTHE BARUCH COLLEGE FUND: $1,000 · Education+1 more: $929 · EducationUNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: $3,500 · OtherUNIVERSITY OF NO…World Wide Fund For Nature Hong Kong: $1,913 · OtherWorld Wide Fund …OPEN SQUASH INC: $1,000 · OtherOPEN SQUASH INC+5 more: $615 · Other+5 moreKIDS SAVING THE RAINFOREST INC: $2,000 · EnvironmentKIDS SAVING…REEF GUARDIANS HAWAII: $1,500 · EnvironmentREEF GUARDI…REEF RENEWAL FOUNDATION INTERNATIONAL: $1,223 · EnvironmentREEF RENEWA…+1 more: $108 · EnvironmentGLOBAL YOUTH PHILANTHROPY LEADER: $2,760 · Youth DevelopmentClearwater Marine Aquarium Inc: $2,655 · AnimalsNEW ENGLAND AQUARIUM CORPORATION: $100 · AnimalsAMIGOS OF COSTA RICA INC: $1,200 · InternationalBRAZIL FOUNDATION: $100 · InternationalRAZOM INC: $100 · InternationalSCHOOL OF AMERICAN BALLET INC: $1,000 · Arts & CultureELAINE KAUFMAN CULTURAL CENTER LUCY MOSES SCHOOL FOR MUSIC AND DANCE: $200 · Arts & Culture
Education$28,429Other$7,028Environment$4,831Youth Development$2,760Animals$2,755International$1,400Arts & Culture$1,200

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE SPENCE SCHOOL: $15,000 over 4y, 0.0% of budgetCOLLEGIATE SCHOOL INC: $11,500 over 4y, 0.0% of budgetGLOBAL YOUTH PHILANTHROPY LEADER: $2,760 over 1y, 2.3% of budgetClearwater Marine Aquarium Inc: $2,655 over 2y, 0.0% of budgetREEF RENEWAL FOUNDATION INTERNATIONAL: $1,223 over 1y, 0.4% of budgetAMIGOS OF COSTA RICA INC: $1,200 over 1y, 0.0% of budgetTHE BARUCH COLLEGE FUND: $1,000 over 1y, 0.0% of budgetSCHOOL OF AMERICAN BALLET INC: $1,000 over 1y, 0.0% of budgetOPEN SQUASH INC: $1,000 over 1y, 0.0% of budgetPELOTONIA: $929 over 3y, 0.0% of budgetELAINE KAUFMAN CULTURAL CENTER LUCY MOSES SCHOOL FOR MUSIC AND DANCE: $200 over 1y, 0.0% of budgetWORLD WILDLIFE FUND INC: $108 over 1y, 0.0% of budgetGOFUNDMEORG: $105 over 1y, 0.0% of budgetHEARING LOSS ASSOCIATION OF AMERICA: $100 over 1y, 0.0% of budgetBRAZIL FOUNDATION: $100 over 1y, 0.0% of budgetRAZOM INC: $100 over 1y, 0.0% of budgetDowntown United Soccer Club Inc: $100 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Pfizer Foundation IncNY10.5× affinity4 shared granteesties to 4 of 4Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Pfizer Foundation Inc · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Lu & Wang Family Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Lu & Wang Family Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →median 12%
  • New England Aquarium Corporation: 12% of income from government
  • Clearwater Marine Aquarium Inc: 1% of income from government
no gov moneyreceives it· size = income
0get no government money at all
2report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–15%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 24 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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