The Dragonhorse Foundation
The Dragonhorse Foundation is a private foundation, based in Irvine, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 2 grants totaling $30K. Net investment income was $29K.
The Dragonhorse Foundation at a glance
In short: The Dragonhorse Foundation gave $30K across 2 grants in 2025 (avg $15K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $30,000
- -9.1% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $15,000
- -9.1% vs 2024
- Median grant
- $15,000
- Total assets
- $1,143,286
- +3.5% vs 2024
- Primary geography
- California (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 The Dragonhorse Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Ocean Institute ($25K). Together the top 2 received $30K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Dragonhorse Foundation gives
- Giving fell 37% from 2022 to 2025. Method
- In 2025 it paid out 73% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $1K (2023) to $48K (2022). In 2025 it made 2 grants totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ocean Institute Dana Point, CA | Program Support | $25,000 |
| TVT Day School Irvine, CA | Program Support | $5,000 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,143,286 | $43,702 | $56,121 | $30,000 | 2 | $40,245 | $28,940 | $54,874 |
| 2024 | $1,104,922 | $237,700 | $41,452 | $33,000 | 2 | $36,323 | $36,561 | $41,788 |
| 2023 | $878,374 | $10,209 | $7,876 | $1,000 | 1 | $4,908 | $7,241 | $41,425 |
| 2022 | $848,415 | $3,743 | $52,820 | $47,890 | 2 | $49,040 | — | $44,256 |
| 2021 | $900,000 | $900,000 | — | — | — | — | — | $2,065 |
Under IRS private-foundation payout rules, The Dragonhorse Foundation reported a distributable amount of $55K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Dragonhorse Foundation is led by Haibei Kevin Jiang, President on every filing since 2021; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Haibei Kevin Jiang
President
On filings since 2021
1 hr/week
No compensation reported
Jie Zhou
Director
On filings since 2021
1 hr/week
No compensation reported
Lan Zhang
Director
On filings since 2021
1 hr/week
No compensation reported
Qilei Liu
Director
On filings since 2021
1 hr/week
No compensation reported
Zongqin Jia
Director
On filings since 2021
1 hr/week
No compensation reported
Lei Ruan
Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Daphne Qin Shih (2021–2024) — Director
Data from IRS Form 990 filings, 2021–2025. "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 The Dragonhorse Foundation
How much does The Dragonhorse Foundation give each year?
The Dragonhorse Foundation gave $30K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 2 grants.
How large is The Dragonhorse Foundation?
The Dragonhorse Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $55K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Dragonhorse Foundation operate?
The Dragonhorse Foundation has awarded grants in California.
What is The Dragonhorse Foundation's EIN?
The Dragonhorse Foundation's EIN (Employer Identification Number) is 87-4004275. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 30, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 10, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in The Dragonhorse Foundation's focus areas in our free grants database
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Figures come from The Dragonhorse 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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