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Form 990-PFTax year 2024EIN 93-3394133

QFI Foundation

A private foundation in Sunnyvale, CA. Its return for tax year 2024 lists 2 grants and $500 paid in grants.

Tax year 2024 (period ending Aug 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests. It still lists the details below.

Restrictions
The foundation operates a free public website providing educational content and resources in artificial intelligence. Expenditures during the year were primarily for software development, hosting, and content creation to support these education programs. The foundations activities are conducted directly by its officers and independent contractors; no grants were made to outside organizations.

Assets and giving by year

2 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $500

    Grants listed
    2
    Assets, end of year
    $948,178
  • Tax year 2023

    $400

    Grants listed
    1
    Assets, end of year
    $295,098

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. Hometown Education Foundation IncMadison, WI

    Education

    $500
  2. China Tomorrow Education FoundationBellevue, WA

    Support Education

    $0

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $500100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Michigan1 grant $500
  2. Washington1 grant $0

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Qiang MaCEO Hours 20Pay $0
  • Xinhua MaCFO Hours 20Pay $0
  • Shihua FengSecretary Hours 10Pay $0

The return

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