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LUI AND WAN FOUNDATION

NEW YORK, NY · EIN 134161117 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$702K
expenses
$49K
net assets
$8.3M
employees
profile · synthesized from sources

LUI AND WAN FOUNDATION is a private foundation based in New York that supports education, the arts, and academic medicine through grantmaking. The foundation funds scholarships, college readiness programs, performing arts initiatives, and medical research, primarily benefiting students and academic institutions. Its recent grants have supported organizations including NYU School of Medicine, Columbia University, and the Chinese American Planning Council.

named programs · 4 · from sources

What they call their work

Academic Medicine and Research
Supports professorships and research at NYU Langone Medical Center and NYU School of Medicine
College Bound Student Guidance
Provides funding to the Chinese American Planning Council to support college readiness services for students
Performing Arts Scholarships
Funds scholarships for theatre and music training through grants to organizations such as Alliance Development of Theatre Art and Kinhaven Music School
Scholarship Fund
Supports medical students at NYU School of Medicine through multi-year grants of $500,000 per year
activities · 7 groups

What they do

  • Arts Education Scholarships 2 activities
    • Funding acting program at Columbia University
      Supported the acting program at Columbia University with a grant in 2022.
    • Funding scholarship initiatives through Alliance Development of Theatre Art
      Provides grant funding to Alliance Development of Theatre Art for scholarship initiatives, with documented support in 2023.
  • Unrestricted Institutional Support for Medical Schools 1 activity
    • Funding a professorship for research at NYU Langone Medical Center
      Provided funding in 2022 to endow a professorship supporting research at NYU Langone Medical Center.
  • Private K–12 School Support 1 activity
    • Funding after-school programming at Speyer Legacy School
      Supports after-school programming at Speyer Legacy School through grant funding.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding college guidance services for students via Chinese American Planning Council
      Provides grant funding to the Chinese American Planning Council to support college-bound student guidance services, with documented support in 2023.
  • Capital Infrastructure Funding 1 activity
    • Funding music hall renovation at Kinhaven Music School Inc
      Provided grant funding in 2022 to Kinhaven Music School Inc for the renovation of a music hall.
  • Artist Support Grants 1 activity
    • Funding publishing arts programs through Future Roots Inc
      Provides grant funding to Future Roots Inc to support publishing arts programs.
  • Healthcare Education Scholarships and Fellowships 1 activity
    • Funding scholarship programs at NYU School of Medicine
      Provides grant funding to support scholarship programs at NYU School of Medicine, with documented awards in 2022 and 2023.
financials · form 990PF · fy2024
revenue
Total revenue$702K
Contributions & grants
Program service revenue
Investment income$271K39%
Other revenue$431K
expenses
Total expenses$49K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$12K
Grants paid out$595K
balance sheet
Total assets$8.31M
Cash
Investments
Liabilities
Net assets$8.29M
6 years on record · 2019–2024 · YoY revenue +161.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
DAVID LEFER TREASURER 1 $2K
DEBORAH CHAN DIRECTOR 1 $2K
FLORA R SI DIRECTOR 1 $2K
JULIA MARTIN DIRECTOR 1 $2K
LAWRENCE LUI PRESIDENT 1 $2K
YVONNE LUI SECRETARY 1 $2K
board members · 1
  • LIVIA WAN LUI — DIRECTOR
relationships · 8

Who they work with

  • ALLIANCE DEVELOPMENT OF THEATRE ART Partner — Receives grants from LUI AND WAN FOUNDATION to support scholarship initiatives.
  • CHINESE AMERICAN PLANNING COUCIL Partner — Receives funding for college-bound student guidance services.
  • COLUMBIA UNIVERSITY Partner — Receives grant to support its acting program.
  • FUTURE ROOTS INC Partner — Receives grant support for publishing arts programs.
  • KINHAVEN MUSIC SCHOOL INC Partner — Receives grant for music hall renovation project.
  • NYU LANGONE MEDICAL CENTER Partner — Receives funding for a professorship in research.
  • NYU SCHOOL OF MEDICINE Partner — Receives grant funding from LUI AND WAN FOUNDATION for scholarship programs.
  • SPEYER LEGACY SCHOOL Partner — Receives grant funding for after-school programming.