Hq Initiatives Foundation
Hq Initiatives Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $132K in total assets. In 2024, it made $5K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$132K
+856.3% YoY
Revenue
$150K
+500.0% YoY
Qualifying Distributions
$5K
-53.5% YoY
Expenses
$31K
+181.6% YoY
Under IRS private-foundation payout rules, Hq Initiatives Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Hq Initiatives Foundation
Based on IRS filings
Hq Initiatives Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $132K in total assets. In 2024, it made $5K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $132,456 | $13,851 | — |
| Revenue | $150,000 | $25,000 | — |
| Expenses | $31,395 | $11,149 | — |
| Qualifying Distributions | $5,185 | $11,149 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,275 | $374 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YONGHONG WU | CFO / SECRETARY | 1 | — |
| YANBIN QIANG | CEO | 1 | — |
| KEQI QIANG | MANAGER | 8 | $21,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hq Initiatives Foundation?
Hq Initiatives Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. It holds $132K in total assets as of 2024.
How large is Hq Initiatives Foundation?
As of 2024, Hq Initiatives Foundation holds $132K in total assets with $150K in annual revenue.
How much is Hq Initiatives Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hq Initiatives Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hq Initiatives Foundation's EIN?
Hq Initiatives Foundation's EIN (Employer Identification Number) is 92-1176019. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Hq Initiatives Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.