Cai Foundation
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.
Cai Foundation at a glance
In short: Cai Foundation gave $10K across 1 grant in 2024 (avg $10K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,000
- -60.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $10,000
- -60.0% vs 2023
- Median grant
- $10,000
- Total assets
- $2,168,770
- +5.8% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Cai Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Lilyli Future Foundation ($10K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 6 grants of 7 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2020) to $528K (2021). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lilyli Future Foundation New York, NY | General Operating Support | $10,000 |
Ready to take the next step with Cai Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,168,770 | $147,250 | $29,153 | $10,000 | 1 | $10,000 | $21,321 | $106,327 |
| 2023 | $2,050,673 | $18,286 | $45,991 | $25,000 | 1 | $35,495 | $4,883 | $98,791 |
| 2022 | $2,078,378 | $29,979 | $58,633 | $32,400 | 2 | $46,090 | $26,548 | $100,368 |
| 2021 | $2,107,032 | $1,140,147 | $601,852 | $528,000 | 2 | $597,071 | $107,459 | $91,012 |
| 2020 | $1,567,836 | $-21,336 | $36,657 | $5,000 | 1 | — | $10,499 | $77,541 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Cai Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Cai Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Steven Myron Holl Foundation Inc
Rhinebeck, NY
Assets
$1.6M
Grants
1
Total Given
$150
Red Husky Foundation
Los Gatos, CA
Assets
$6.4M
Grants
3
Total Given
$96K
David E Monn Foundation
New York, NY
Assets
$136K
Grants
4
Total Given
$9K
The Waldorf Family Foundation Inc
Portland, OR
Assets
$791K
Grants
4
Total Given
$57K
The Natori Foundation
New York, NY
Assets
$3K
Grants
7
Total Given
$322K
Jackson & Evelyn Spears Foundation
New York, NY
The Jackson & Evelyn Spears Foundation supports preselected organizations across varied areas, including education, volunteer service, arts, religious organizations, and medical centers, with recent grants going to recipients in California, New York, Connecticut, New Jersey, and Colorado. Its 2025 grants ranged from $1,000 to $55,000, with a median of $10,000. It does not accept unsolicited requests.
Assets
$804K
Grants
10
Total Given
$114K
More similar funders
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Cai Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Cai Foundation down — hundreds of funders to go?