Fortune Leaves Angel Fund
Fortune Leaves Angel Fund is a private foundation, based in San Jose, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $66K in total assets. In 2025, it awarded 2 grants totaling $4K. Net investment income was $332.
Fortune Leaves Angel Fund at a glance
In short: Fortune Leaves Angel Fund gave $4K across 2 grants in 2025 (avg $2K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,600
- Grants made (2025)
- 2
- Average grant
- $1,800
- Median grant
- $1,800
- Total assets
- $65,938
- -9.6% vs 2024
- Primary geography
- California (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 Fortune Leaves Angel Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was The Parkinson's Association for Sen ($3K). Together the top 2 received $4K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $4K (2025) to $5K (2023). In 2025 it made 2 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Parkinson's Association for Sen Folsom, CA | To support groups, resources, education, outreach and strategic partnerships | $3,000 |
| Association of Tao Development San Francisco, CA | To help the organization providing education, care and support while advancing critical research. | $600 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $65,938 | $5,000 | $12,359 | $3,600 | 2 | $9,379 | $332 |
| 2024 | $72,965 | $10,306 | $2,150 | — | — | — | $617 |
| 2023 | $64,809 | $11,359 | $20,492 | $5,000 | 1 | $5,000 | $5,937 |
| 2022 | $76,245 | $14,463 | $4,225 | — | — | $4,200 | $2,871 |
| 2021 | $65,311 | $30,016 | $1,728 | — | — | $1,728 | $104 |
| 2020 | $39,583 | — | $895 | — | — | — | — |
| 2019 | $42,478 | — | $2,062 | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Fortune Leaves Angel Fund is led by Yongqiang Qian, President & CEO since 2023 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Yongqiang Qian
President & CEO
President & CEO → President CEO, 2022
President CEO → President & CEO, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Lili Zhang
CFO
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Fortune Leaves Angel Fund
How much does Fortune Leaves Angel Fund give each year?
Fortune Leaves Angel Fund gave $4K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is Fortune Leaves Angel Fund?
Fortune Leaves Angel Fund reported $66K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $5K.
Where does Fortune Leaves Angel Fund operate?
Fortune Leaves Angel Fund has awarded grants in California.
What is Fortune Leaves Angel Fund's EIN?
Fortune Leaves Angel Fund's EIN (Employer Identification Number) is 81-2984284. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Fortune Leaves Angel Fund funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Fortune Leaves Angel Fund's focus areas in our free grants database
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