Cai Foundation

Private foundation · Grantmaker New York, NY EIN: 46-4535268

Cai Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $21K.

Key facts about Cai Foundation

In short: Cai Foundation gave $10K across 1 grant in 2024 (avg $10K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
46-4535268
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,000
Grants made (2024)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$2,168,770
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+5.8% YoY

Annual Giving

$10K

-60.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$10K

-60.0% YoY

Under IRS private-foundation payout rules, Cai Foundation reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.

How Cai Foundation gives

  • Giving fell 98% from 2021 to 2024. Method
  • In 2024 it paid out 9% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

New YorkKatonahNew Britain

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 2 grants2021 2 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $5K (2020) to $528K (2021). In 2024 it made 1 grant totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Lilyli Future Foundation: $10KLilyli Future Foundation$10K

The largest 2024 recipient was Lilyli Future Foundation ($10K).

Grant Size Distribution

7 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 7 (86%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lilyli Future Foundation New York, NYGeneral Operating Support$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,168,770$2,050,673$2,078,378
Revenue$147,250$18,286$29,979
Expenses$29,153$45,991$58,633
Qualifying Distributions$10,000$35,495$46,090
Net Investment Income$21,321$4,883$26,548
Distributable Amount$106,327$98,791$100,368

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Cai Foundation is led by Guo Qiang Cai, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Guo Qiang Cai

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Hong Hong Wu

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Cai Foundation

How much does Cai Foundation give each year?

Cai Foundation gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $25K across 1 grant.

How large is Cai Foundation?

Cai Foundation reported $2.2M in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $106K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Cai Foundation operate?

Cai Foundation has awarded grants in Connecticut, New York.

What is Cai Foundation's EIN?

Cai Foundation's EIN (Employer Identification Number) is 46-4535268. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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