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Qxi Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $884K. Annual income is reported at $382K. Total assets have grown from $290K in 2022 to $639K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Qxi Foundation has made 3 grants totaling $24K, with a median grant of $2K. Individual grants have ranged from $2K to $21K, with an average award of $8K. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Qxi Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.
Qxi Foundation has distributed a total of $24K across 3 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $2K to $21K.
Qxi Foundation typically selects its grantees rather than accepting unsolicited proposals.
Qxi Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lea-Teng Lee | Dir, Pres | $0 | $0 | N/A |
| Tiong Yong Tan | Sec, Treas | $0 | $0 | N/A |
Total Giving
$45K
Total Assets
$639K
Fair Market Value
$849K
Net Worth
$639K
Grants Paid
$24K
Contributions
$322K
Net Investment Income
$154K
Distribution Amount
$20K
Total Grants
3
Total Giving
$24K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
1
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Give2asiaSJKC Damansara (Malaysia) FUND | Oakland, CA | $21K | 2023 |