EIN 26-3276872

Syl Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2008
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Syl Foundation promotes quality health and education for all through strategic grant-making, scholarships, disaster relief, and community events.
Also known as...
Sheng-Yen Lu Foundation
Total revenues
$1,887,190
2022
Total expenses
$2,598,773
2022
Total assets
$10,801,811
2022
Num. employees
2
2022

Program areas at Syl Foundation

Sheng-Yen Lu Foundation operates two funds to address emerging challenges faced by immigrant and refugee communities. The emergent needs fund supported 26 community based organizations working on the following: 1) providing basic needs support (including food,housing, and income security) 2) legal representation and assistance 3) immigrant rights advocacy (including anti-racism advocacy and education) and 4) trusted advocate/community navigator programs. A total of 9 additional grants were made from the rapid response fundto address critical time-sensitive needs for work such as assistance for newly arriving afghan refugees, and unanticipated equipment and security needs.
Other grantmaking activity: Sheng-Yen Lu Foundation sponsored community events held by 34 partner organizations in 2022.every year, Sheng-Yen Lu Foundation dedicates a portion of its annual funding towards special projects. 100% of funds raised for disaster relief efforts go towards rebuilding the lives of those affected by disasters. In 2022, two organizations received funding for emergency response and aid work in ukraine. Additionally, nine organizations received inflation relief grants in 2022 to support frontline nonprofit staff. Two other special projects grants were also distributed in 2022, which supported a sabbatical fund for bipoc leaders in Washington state and a capital campaign for aging in pace Washington.
Sheng-Yen Lu Foundation made 15 health care grants in 2022. All grant recipients work to reduce health disparities by reaching out to underserved populations offering medical, mental and/or behavioral health, and dental care services to many who would otherwise be without. Grant recipients advocate for health equity and offer services that are culturally and linguistically accessible.
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 48 individual scholarships were awarded in 2022 to assist with the cost of post-secondary education. In addition to scholarship assistance, lotus scholars attend a 3-day college prep workshop to learn skills such as time management, financial aid, and budgeting. This workshop is offered in partnership with college possible Washington.
Sheng-Yen Lu Foundation made 13 education grants in 2022 to support early childhood education, high school completion, and access to higher education for many students of color and first generation college students.

Grants made by Syl Foundation

GranteeGrant descriptionAmount
Aging in Pace WashingtonSpecial Projects, Capital Campaign$250,000
Byrd Barr Place2022 Bipoc Ed Coalition Sabbatical Program$150,000
International Community Health Services (ICHS)Health Access$40,000
...and 93 more grants made totalling $2,168,669

Who funds Syl Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Blackbaud Giving FundGeneral Support$10,000
Chang and Xiaohui FoundationCharitable$1,000
Analog Devices FoundationGeneral Support$360
...and 1 more grant received

Personnel at Syl Foundation

NameTitleCompensation
Fo-Ching LuPresident$0
Rachel AllenVice President , Director of Programs and Operations / Vice President and Director of Program Operations / Board Member$75,229
Susan YangSecretary$0
Andrew RobertsTreasurer$0
Lu PresidentLu President

Financials for Syl Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,767,154
Program services$0
Investment income and dividends$171,694
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-51,658
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,887,190

Form 990s for Syl Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-03990View PDF
2021-122022-10-06990View PDF
2020-122021-10-28990View PDF
2019-122021-03-01990View PDF
2018-122020-02-12990View PDF
...and 9 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Received grants
Identified 2 new grant, including a grant for $10,000 from The Blackbaud Giving Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
January 31, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCharities
Issues
EducationReligion
Characteristics
ReligiousBuddhistProvides grantsOperates internationallyEndowed supportProvides scholarshipsTax deductible donations
General information
Address
17102 Ne 40th CT
Redmond, WA 98052
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
sylfoundation.org/ 
Phone
(425) 883-3500
IRS details
EIN
26-3276872
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X50: Buddhist
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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