Flying Cloud Foundation
Flying Cloud Foundation is a private foundation, based in Norristown, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $17K in total assets. In 2025, it awarded 1 grant totaling $500.
Flying Cloud Foundation at a glance
In short: Flying Cloud Foundation gave $500 across 1 grant in 2025 (avg $500), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $500
- -75.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $500
- -75.0% vs 2024
- Median grant
- $500
- Total assets
- $17,011
- -6.2% vs 2024
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Flying Cloud Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Kitty Cottage ($500).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Flying Cloud Foundation gives
- Giving fell 75% from 2022 to 2025. Method
- In 2025 it paid out 273% of its IRS minimum distribution (the 5% rule). 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 2025, annual grant giving ranged from $500 (2025) to $4K (2023). In 2025 it made 1 grant totaling $500.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kitty Cottage Norristown, PA | Charitable | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|
| 2025 | $17,011 | $2,296 | $500 | 1 | $2,296 | $840 |
| 2024 | $18,141 | $2,600 | $2,000 | 1 | $2,600 | $990 |
| 2023 | $21,748 | $5,606 | $4,000 | 1 | $5,606 | $1,166 |
| 2022 | $26,348 | $2,600 | $2,000 | 1 | $2,600 | $1,300 |
| 2021 | $28,948 | $2,600 | $2,000 | 1 | — | $1,431 |
| 2020 | $31,548 | $2,600 | $2,000 | 1 | — | $1,559 |
Under IRS private-foundation payout rules, Flying Cloud Foundation reported a distributable amount of $840 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Flying Cloud Foundation is led by Daiwen Li, CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daiwen Li
CEO
On filings since 2020
2 hrs/week
No compensation reported
Jianxiong Zhang
CFO
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Flying Cloud Foundation
How much does Flying Cloud Foundation give each year?
Flying Cloud Foundation gave $500 across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.
How large is Flying Cloud Foundation?
Flying Cloud Foundation reported $17K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $840 (roughly 5% of its investment assets).
Where does Flying Cloud Foundation operate?
Flying Cloud Foundation has awarded grants in Pennsylvania, Texas.
What is Flying Cloud Foundation's EIN?
Flying Cloud Foundation's EIN (Employer Identification Number) is 47-2586139. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 13, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Flying Cloud Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Flying Cloud Foundation's focus areas in our free grants database
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Figures come from Flying Cloud 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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