Qiu And Xu Family Foundation is located in San Jose, CA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qiu And Xu Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Qiu And Xu Family Foundation generated $65.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.8% each year . All expenses for the organization totaled $12.3k during the year ending 10/2023. While expenses have increased by 32.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jizheng Qiu CEO | 2 | $0 | |
Shi Xu CFO & Secretary | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,178 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,745 |
| Capital Gain Net Income | $45,745 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,622 |
| Printing and publications | $0 |
| Other expenses | $853 |
| Total operating and administrative expenses | $7,239 |
| Contributions, gifts, grants paid | $5,028 |
| Total expenses and disbursements | $12,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,118 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $805 |
| Total assets | $81,812 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Qiu And Xu Family Foundation has awarded $5,028 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MONTEREY BAY AQUARIUM FOUNDATION PURPOSE: DONATIONS | $295 |
OAKLAND ZOO PURPOSE: DONATIONS | $249 |
BILLY JONES WILDCAT LOS GATOS PURPOSE: DONATIONS | $9 |
CHILDREN DISCOVERY MUSEUM PURPOSE: DONATIONS | $275 |
FIDELITY CHARITABLE PURPOSE: DONATIONS | $4,000 |
FILOLI CENTER PURPOSE: DONATIONS | $200 |