Qxi Foundation
Qxi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $884K in total assets. In 2024, it awarded 2 grants totaling $29K. Net investment income was $22K.
Key facts about Qxi Foundation
- EIN
- 88-3642328
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $29,000
- Grants made (2024)
- 2
- Average grant
- $14,500
- Median grant
- $14,500
- Total assets
- $883,974
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Qxi Foundation gives
- In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Qxi Foundation
- How to evaluate Qxi Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Qxi Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$884K
+38.4% YoY
Annual Giving
$29K
+20.8% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$15K
+81.3% YoY
Under IRS private-foundation payout rules, Qxi Foundation reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About Qxi Foundation
Based on IRS filings
Qxi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $884K in total assets. In 2024, it awarded 2 grants totaling $29K. Net investment income was $22K.
Focus Areas
Ready to take the next step with Qxi Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $883,974 | $638,871 | $290,358 |
| Revenue | $289,005 | $393,438 | $296,787 |
| Expenses | $43,902 | $44,925 | $6,429 |
| Qualifying Distributions | $43,363 | $43,298 | $6,429 |
| Net Investment Income | $21,734 | $153,620 | $1,919 |
| Distributable Amount | $54,139 | $20,473 | $2,469 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Myriad USA Inc ($29,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| MYRIAD USA INC New York, NY | General & Unrestricted | $23,000 |
| MYRIAD USA INC New York, NY | SJKC Damansara Friends Fund | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Qxi Foundation is led by Lea-Teng Lee, Director & President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lea-Teng Lee
Director & President
On filings since 2022
1 hr/week
No compensation reported
Tiong Yong Tan
Secretary & Treasurer
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Qxi Foundation?
Qxi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $884K in total assets as of 2024.
How large is Qxi Foundation?
As of 2024, Qxi Foundation holds $884K in total assets with $289K in annual revenue. It awarded 2 grants totaling $29K in 2024.
Where does Qxi Foundation operate?
Qxi Foundation has awarded grants in California, New York.
What size grants does Qxi Foundation award?
In 2024, Qxi Foundation awarded 2 grants totaling $29K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Qxi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Qxi Foundation reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Qxi Foundation's EIN?
Qxi Foundation's EIN (Employer Identification Number) is 88-3642328. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Qxi Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Pepsico Foundation Inc
Purchase, NY
Assets
$113.0M
Grants
57
Total Given
$37.6M
The Rockefeller Foundation
New York, NY
Assets
$6.4B
Grants
381
Total Given
$233.2M
The New York Community Trust
New York, NY
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
Marin Community Foundation
Novato, CA
Assets
$1.3B
Grants
1,573
Total Given
$186.1M
The David and Lucile Packard Foundation
Los Altos, CA
Assets
$8.5B
Grants
1,029
Total Given
$350.0M
Six Tree Foundation
Atherton, CA
Assets
—
Grants
16
Total Given
$1.1M
Yk Cheok Family Foundation
Palo Alto, CA
Assets
$264K
Grants
3
Total Given
$44K
The Marisla Foundation
Laguna Beach, CA
Assets
$21.1M
Grants
194
Total Given
$46.7M
The Starbucks Foundation
Seattle, WA
Assets
$22.5M
Grants
73
Total Given
$23.6M
HP Foundation
Palo Alto, CA
Assets
$63.7M
Grants
21
Total Given
$15.7M
American Electric Power Foundation
Wilmington, DE
Assets
—
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
Assets
$19.6M
Grants
451
Total Given
$1.2M
More Funders in Delaware
Data last updated September 2026. Sourced from IRS Form 990-PF filings.