John And Mary Tu Foundation

Fountain Vly, CA
Tax-exempt since June 2010
EIN: 27-1598417

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$929k (2024)

Expenses

$3.4M (2024)

Total Assets

$10.1M (2024)

Total Liabilities

$2.22M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$929,031

Expenses

$3,395,950

Net Income

-$2,466,919

Net Assets

$7,900,230

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$170	0.0%
Dividends	$440,314	47.4%
Sales of Assets	$488,547	52.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,476,611	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,124,995
Total Liabilities	$2,224,765
Net Assets	$7,900,230

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Jonathan Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$3,065,092

Expenses

$1,895,593

Net Income

$1,169,499

Net Assets

$23,462,634

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,254	0.0%
Dividends	$462,461	15.1%
Sales of Assets	$2,601,377	84.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,979,281	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,873,171
Total Liabilities	$5,410,537
Net Assets	$23,462,634

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$1,651,712

Expenses

$10,652,057

Net Income

-$9,000,345

Net Assets

$17,576,255

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,844	0.1%
Dividends	$462,678	28.0%
Sales of Assets	$1,187,190	71.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,667,891	43.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,177,943
Total Liabilities	$7,601,688
Net Assets	$17,576,255

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$13,289,002

Expenses

$3,706,052

Net Income

$9,582,950

Net Assets

$34,417,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$315	0.0%
Dividends	$2,367,727	17.8%
Sales of Assets	$10,920,960	82.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,064,331	82.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,594,094
Total Liabilities	$2,176,500
Net Assets	$34,417,594

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$10,800,154

Expenses

$8,799,832

Net Income

$2,000,322

Net Assets

$32,645,643

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,012,721	92.7%
Interest Revenue	$1,243	0.0%
Dividends	$123,439	1.1%
Sales of Assets	$662,751	6.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,241,472	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,005,643
Total Liabilities	$1,360,000
Net Assets	$32,645,643

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$857,091

Expenses

$4,429,537

Net Income

-$3,572,446

Net Assets

$28,182,493

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,804	0.3%
Dividends	$478,249	55.8%
Sales of Assets	$376,038	43.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,925,538	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,019,493
Total Liabilities	$2,837,000
Net Assets	$28,182,493

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 11, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$1,600,342

Expenses

$3,734,681

Net Income

-$2,134,339

Net Assets

$26,614,349

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$719	0.0%
Dividends	$529,218	33.1%
Sales of Assets	$1,070,405	66.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,655,423	71.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,989,700
Total Liabilities	$4,375,351
Net Assets	$26,614,349

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 8, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$12,019,675

Expenses

$8,261,568

Net Income

$3,758,107

Net Assets

$32,160,996

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,023,773	83.4%
Interest Revenue	$681	0.0%
Dividends	$770,461	6.4%
Sales of Assets	$1,224,760	10.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,668,225	56.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$35,560,996
Total Liabilities	$3,400,000
Net Assets	$32,160,996

Compensation

Key Employees and Officers	Compensation	Other
John Tu (Chairman)	$0	$0
Mary Tu (Director)	$0	$0
Albert Kong (Director)	$0	$0

990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$13,864,596

Expenses

$1,091,754

Net Income

$12,772,842

Net Assets

$27,039,193

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$13,243,900	95.5%
Interest Revenue	$710	0.0%
Dividends	$133,753	1.0%
Sales of Assets	$486,233	3.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,367,337	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,039,193
Total Liabilities	$0
Net Assets	$27,039,193

Compensation

Key Employees and Officers	Compensation	Other
John Tu (President)	$0	$0
Albert Kong (Cfo)	$0	$0
Mary Tu (Secretary)	$0	$0

990-PF

Filed on Nov. 14, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$7,097,061

Expenses

$2,549,707

Net Income

$4,547,354

Net Assets

$14,648,279

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$708	0.0%
Dividends	$370,458	5.2%
Sales of Assets	$6,725,895	94.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,397,186	94.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,021,601
Total Liabilities	$373,322
Net Assets	$14,648,279

Compensation

Key Employees and Officers	Compensation	Other
John Tu (President)	$0	$0
Albert Kong (Cfo)	$0	$0
Mary Tu (Secretary)	$0	$0

990-PF

Filed on Nov. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$16,825,951

Expenses

$2,436,203

Net Income

$14,389,748

Net Assets

$16,255,483

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,139,218	90.0%
Interest Revenue	$787	0.0%
Dividends	$39,907	0.2%
Sales of Assets	$1,646,039	9.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,008,519	82.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$16,955,483
Total Liabilities	$700,000
Net Assets	$16,255,483

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$2,161,761

Expenses

$1,736,151

Net Income

$425,610

Net Assets

$3,589,095

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,189,700	> 100%
Interest Revenue	$644	0.0%
Dividends	$39,912	1.8%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,419,561	81.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,889,095
Total Liabilities	$300,000
Net Assets	$3,589,095

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$2,113,880

Expenses

$2,317,450

Net Income

-$203,570

Net Assets

$3,163,669

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,075,824	98.2%
Interest Revenue	$963	0.0%
Dividends	$29,508	1.4%
Sales of Assets	$7,585	0.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,298,774	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,163,669
Total Liabilities	$0
Net Assets	$3,163,669

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$3,522,807

Expenses

$144,199

Net Income

$3,378,608

Net Assets

$3,357,456

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,482,867	98.9%
Interest Revenue	$333	0.0%
Dividends	$31,644	0.9%
Sales of Assets	$7,953	0.2%
Other Income	$10	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$144,199	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,357,456
Total Liabilities	$0
Net Assets	$3,357,456

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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John And Mary Tu Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $929k (2024)

Expenses $3.4M (2024)

Total Assets $10.1M (2024)

Total Liabilities $2.22M (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Revenue

$929k (2024)

Expenses

$3.4M (2024)

Total Assets

$10.1M (2024)

Total Liabilities

$2.22M (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009