QFI Foundation

Private foundation · Grantmaker Sunnyvale, CA EIN: 93-3394133

QFI Foundation is a private foundation focused on Arts, Culture & Humanities, based in Sunnyvale, CA. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $948K in total assets. In 2025, it awarded 1 grant totaling $500. Net investment income was $41K.

QFI Foundation at a glance

In short: QFI Foundation gave $500 across 1 grant in 2025 (avg $500), mostly in Michigan. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$500
+25.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$500
+25.0% vs 2024
Median grant
$500
Total assets
$948,178
+221.3% vs 2024
Primary geography
Michigan (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 QFI Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Hometown Education Foundation Inc: $500Hometown Education FoundationInc$500

The largest 2025 recipient was Hometown Education Foundation Inc ($500).

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BellevueMadison

How QFI Foundation gives

  • 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200$400$6001 grant2024 1 grant2025

From 2024 to 2025, annual grant giving ranged from $400 (2024) to $500 (2025). In 2025 it made 1 grant totaling $500.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hometown Education Foundation Inc Madison, MIEducation$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$948,178$581,960$53,908$5001$53,908$41,402$25,343
2024$295,098$331,008$45,317$4001$44,917—$11,642

Under IRS private-foundation payout rules, QFI Foundation reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

QFI Foundation is led by Qiang Ma, CEO on every filing since 2024; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Qiang Ma

    CEO

    On filings since 2024

    20 hrs/week

    No compensation reported

  • Shihua Feng

    Secretary

    On filings since 2024

    10 hrs/week

    No compensation reported

  • Xinhua Ma

    CFO

    New on the 2025 filing

    20 hrs/week

    No compensation reported

Former officers (1)
  • Former: Feng Zhang (2024) — CFO

Data from IRS Form 990 filings, 2024–2025. "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 QFI Foundation

How much does QFI Foundation give each year?

QFI Foundation gave $500 across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $400 across 1 grant.

How large is QFI Foundation?

QFI Foundation reported $948K in total assets on its 2025 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $25K (roughly 5% of its investment assets).

What is QFI Foundation?

QFI Foundation is a private foundation focused on Arts, Culture & Humanities, based in Sunnyvale, CA. It holds $948K in total assets as of 2025.

Where does QFI Foundation operate?

QFI Foundation has awarded grants in Michigan, Washington.

What is QFI Foundation's EIN?

QFI Foundation's EIN (Employer Identification Number) is 93-3394133. IRS Form 990 filing data is available on this page for 2024–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2024–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from QFI 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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