Nanfang Foundation
Nanfang Foundation is a private foundation, based in Palo Alto, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $64K in total assets. In 2025, it awarded 3 grants totaling $9K. Net investment income was $667.
Key facts about Nanfang Foundation
In short: Nanfang Foundation gave $9K across 3 grants in 2025 (avg $3K), mostly in California. Source: 2025 IRS Form 990-PF.
- EIN
- 20-5607728
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $9,000
- Grants made (2025)
- 3
- Average grant
- $3,000
- Median grant
- $2,000
- Total assets
- $64,156
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$64K
-36.8% YoY
Annual Giving
$9K
-10.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$3K
-70.0% YoY
Under IRS private-foundation payout rules, Nanfang Foundation reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
How Nanfang Foundation gives
- Giving grew 114% from 2022 to 2025. Method
- In 2025 it paid out 213% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $4K (2022) to $13K (2023). In 2025 it made 3 grants totaling $9K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Stanford ($6K). Together the top 3 received $9K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford Stanford, CA | Charitable Donation | $6,000 |
| First Place for Youth Oakland, CA | Charitable Donation | $2,000 |
| Spectrum Community Services Hayward, CA | Charitable Donation | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $64,156 | $101,580 | $111,457 |
| Revenue | $-27,642 | $6,478 | $-42,967 |
| Expenses | $9,781 | $16,356 | $13,719 |
| Qualifying Distributions | $9,691 | $16,353 | $13,577 |
| Net Investment Income | $667 | $6,478 | $227 |
| Distributable Amount | $4,554 | $5,999 | $6,293 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Nanfang Foundation is led by Xiaoqing Ma, CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Xiaoqing Ma
CEO
On filings since 2020
6 hrs/week
No compensation reported
Nanfang Hu
On filings since 2020
6 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 Nanfang Foundation
How much does Nanfang Foundation give each year?
Nanfang Foundation gave $9K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 1 grant.
What is Nanfang Foundation's typical grant size?
Nanfang Foundation's median grant in 2025 was $2,000, and its average grant was $3,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Nanfang Foundation give grants?
Nanfang Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Nanfang Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Nanfang Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (3 grants).
How large is Nanfang Foundation?
Nanfang Foundation reported $64K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What is Nanfang Foundation's EIN?
Nanfang Foundation's EIN (Employer Identification Number) is 20-5607728. 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.
Here's the math on researching Nanfang Foundation by hand.
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