Rainbow Heritage Foundation
Rainbow Heritage Foundation is a private foundation, based in Fremont, CA. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $817K in total assets. In 2026, it awarded 6 grants totaling $5K. Net investment income was $33K.
Rainbow Heritage Foundation at a glance
In short: Rainbow Heritage Foundation gave $5K across 6 grants in 2026 (avg $878.833), mostly in Massachusetts. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $5,273
- +236.9% vs 2025
- Grants made (2026)
- 6
- +20.0% vs 2025
- Average grant
- $879
- +180.8% vs 2025
- Median grant
- $500
- Total assets
- $816,788
- +19.6% vs 2025
- Primary geography
- Massachusetts (62% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Rainbow Heritage Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2026
The largest 2026 recipient was Boston University ($3K). Together the top 6 received $5K.
Grant Size Distribution
48 grants across all recorded years
The most common grant size was under $50K: 48 grants of 48 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 6 itemized grants.
States
Cities
How Rainbow Heritage Foundation gives
- Giving grew 121% from 2023 to 2026. 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
From 2020 to 2026, annual grant giving ranged from $2K (2025) to $6K (2020). In 2026 it made 6 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boston University Boston, MA | Charitable Donation | $3,250 |
| Lisbon Area Historical Society | Charitable Donation | $500 |
| FRIENDS GARDEN OF Gods Colorado Springs, CO | Charitable Donation | $500 |
| Funtasia Impact USA Santa Monica, CA | Charitable Donation | $500 |
| Education For All Morocco | Charitable Donation | $273 |
| Associ for Supporting Contemporary | Charitable Donation | $250 |
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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 |
|---|---|---|---|---|---|---|---|
| 2026 | $816,788 | $186,911 | $65,639 | $5,273 | 6 | $69,469 | $32,521 |
| 2025 | $682,791 | $43,545 | $49,429 | $1,565 | 5 | $48,472 | $43,545 |
| 2024 | $690,501 | $67,078 | $32,518 | $2,157 | 13 | $32,019 | $67,078 |
| 2023 | $658,158 | $35,912 | $35,314 | $2,386 | 12 | $34,948 | $35,912 |
| 2022 | $654,109 | $26,337 | $28,845 | $3,116 | 12 | $27,900 | $26,337 |
| 2021 | $656,040 | $66,759 | $27,040 | $5,054 | 14 | — | $66,759 |
| 2020 | $620,523 | $48,244 | $26,069 | $6,365 | 10 | — | $48,244 |
Leadership & Key People
Officers and directors from IRS filings
Rainbow Heritage Foundation is led by Weiqi Ding, CEO on every filing since 2020; none of the 4 officers listed in 2026 report compensation.
Officers on the 2026 filing
Weiqi Ding
CEO
On filings since 2020
10 hrs/week
No compensation reported
Jeffrey Y. Ding
Director
On filings since 2020
No compensation reported
Patrick Yijun Ding
Secretary
On filings since 2020
10 hrs/week
No compensation reported
Qun Zhou
CFO
On filings since 2020
8 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2026. "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 Rainbow Heritage Foundation
How much does Rainbow Heritage Foundation give each year?
Rainbow Heritage Foundation gave $5K across 6 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $2K across 5 grants.
What is Rainbow Heritage Foundation's typical grant size?
Rainbow Heritage Foundation's median grant in 2026 was $500, and its average grant was $879, across 6 grants on its 2026 IRS Form 990-PF.
Where does Rainbow Heritage Foundation give grants?
Rainbow Heritage Foundation gives mostly in Massachusetts: 62% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were Colorado (9%) and California (9%).
Does Rainbow Heritage Foundation give general operating support?
Not in 2026: none of the 6 grants with a stated purpose on Rainbow Heritage Foundation's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (6 grants).
Who are Rainbow Heritage Foundation's largest grantees?
Rainbow Heritage Foundation's largest 2026 grantees include Boston University ($3,250), Lisbon Area Historical Society ($500) and FRIENDS GARDEN OF Gods ($500), according to its 2026 IRS Form 990-PF. Together they received 81% of its itemized 2026 grant dollars.
How large is Rainbow Heritage Foundation?
Rainbow Heritage Foundation reported $817K in total assets on its 2026 IRS Form 990-PF. Its revenue that year was $187K.
What is Rainbow Heritage Foundation's EIN?
Rainbow Heritage Foundation's EIN (Employer Identification Number) is 46-2600205. IRS Form 990 filing data is available on this page for 2020–2026.
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 2020 (received by the IRS June 27, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 29, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 9, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 5, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 9, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS June 30, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 10, 2026)
- IRS filings on file for fiscal years 2020–2025
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