The Quantum Foundation
The Quantum Foundation is a private foundation, based in Lancaster, PA. IRS filing data is available for 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 1 grant totaling $200.
Key facts about The Quantum Foundation
In short: The Quantum Foundation gave $200 across 1 grant in 2024 (avg $200), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- EIN
- 33-1771585
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $200
- Grants made (2024)
- 1
- Average grant
- $200
- Median grant
- $200
- Total assets
- $2,798
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3K
Annual Giving
$200
Grant Count
1
Avg Grant Size
$200
Under IRS private-foundation payout rules, The Quantum Foundation reported a distributable amount of $15 for 2024 — the minimum it must pay out in qualifying distributions.
How The Quantum Foundation gives
- In 2024 it paid out well above 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 all 1 itemized 2024 grant dollars.
States
Cities
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
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FOUNDATION FOR IUP Indiana, PA | IUP COMMUNITY MUSIC SCHOOL | $200 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $2,798 |
| Revenue | $4,000 |
| Expenses | $1,202 |
| Qualifying Distributions | $1,202 |
| Net Investment Income | — |
| Distributable Amount | $15 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2024 (received by the IRS June 5, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Quantum Foundation is led by Yongtao Cao, President & Director on the 2024 filing; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Yongtao Cao
President & Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Wumao Cao
Secretary & Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Yuanjie Zhu
Treasurer & Director
New on the 2024 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024. "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 Quantum Foundation
How much does The Quantum Foundation give each year?
The Quantum Foundation gave $200 across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is The Quantum Foundation?
The Quantum Foundation reported $3K in total assets on its 2024 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $15 (roughly 5% of its investment assets).
Where does The Quantum Foundation operate?
The Quantum Foundation has awarded grants in Pennsylvania.
What is The Quantum Foundation's EIN?
The Quantum Foundation's EIN (Employer Identification Number) is 33-1771585. IRS Form 990 filing data is available on this page for 2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Quantum Foundation by hand.
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