Duo & Qu Family Foundation
Duo & Qu Family Foundation is a private foundation, based in Saratoga, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $303K in total assets. In 2024, it awarded 1 grant totaling $3K. Net investment income was $4K.
Duo & Qu Family Foundation at a glance
In short: Duo & Qu Family Foundation gave $3K across 1 grant in 2024 (avg $3K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,500
- +25.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $2,500
- +25.0% vs 2023
- Median grant
- $2,500
- Total assets
- $303,101
- +138.0% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Duo & Qu Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Harker School ($3K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
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 Duo & Qu Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2023 it paid out 38% 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 2021 to 2024, annual grant giving ranged from $2K (2022) to $3K (2024). In 2024 it made 1 grant totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Harker School San Jose, CA | Education | $2,500 |
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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 | $303,101 | $151,331 | $2,500 | $2,500 | 1 | — | $4,208 | $12,971 |
| 2023 | $127,333 | $20,192 | $34,350 | $2,000 | 1 | $2,000 | $429 | $5,225 |
| 2022 | $141,449 | $705 | $7,500 | $2,000 | 1 | — | $705 | $5,221 |
| 2021 | $186,300 | $189,059 | $8,259 | $2,500 | 1 | — | $112 | $8,840 |
Under IRS private-foundation payout rules, Duo & Qu Family Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Duo & Qu Family Foundation is led by Duo Chen, CEO on every filing since 2021; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Duo Chen
CEO
On filings since 2021
2 hrs/week
No compensation reported
Qu Jin
CFO
On filings since 2021
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Duo & Qu Family Foundation
How much does Duo & Qu Family Foundation give each year?
Duo & Qu Family Foundation gave $3K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2K across 1 grant.
How large is Duo & Qu Family Foundation?
Duo & Qu Family Foundation reported $303K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $151K.
Where does Duo & Qu Family Foundation operate?
Duo & Qu Family Foundation has awarded grants in California.
How much is Duo & Qu Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Duo & Qu Family Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Duo & Qu Family Foundation's EIN?
Duo & Qu Family Foundation's EIN (Employer Identification Number) is 85-4336804. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated October 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 2021–2024
Explore Open Grants
Browse active grant opportunities in Duo & Qu Family Foundation's focus areas in our free grants database
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Figures come from Duo & Qu Family 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.
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