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Qli Family Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800612164 ✦ Flushing, NY ✦ Designated as a 501(c)(3)

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Overview

What is Qli Family Foundation Inc?

The QLI Family Foundation is a nonprofit organization committed to aiding education and providing relief for underprivileged individuals in society. As per the information provided, the foundation has made significant contributions in this regard, donating 12 advanced vital signs chairs and granting funds to St. John's University. The foundation's mission, as stated, is to contribute to the betterment of indigent people's lives through educational opportunities and relief efforts.

Is Qli Family Foundation Inc legitimate?

Qli Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qli Family Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Qli Family Foundation Inc?

The Qli Family Foundation's mission is centered around providing assistance in the areas of education and relief for indigent individuals within society. In pursuit of this goal, the foundation engages in various activities, including making donations and grants. Specifically, the foundation has donated 12 vital signs chairs to Matter and granted funds to St. John's University. The foundation's efforts aim to contribute positively to the well-being and opportunities of less fortunate individuals in society.

Who is the CEO of Qli Family Foundation Inc?

Richard Xu is the CEO of Qli Family Foundation Inc The CEO's salary of Qli Family Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Qli Family Foundation Inc?

Qli Family Foundation Inc's revenue in 2024 was $257,832.

Who are the executives of Qli Family Foundation Inc and what are their salaries?

There 2 volunteers at Qli Family Foundation Inc.

Here are 3 key members and their salaries (Qli Family Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Richard Xu (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Wang (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Xu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Qli Family Foundation Inc?

Qli Family Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Qli Family Foundation Inc

The Qli Family Foundation is a philanthropic organization dedicated to making a positive impact on education and aiding indigent individuals in society. Its mission, in essence, is to extend support and aid in these two critical areas. The foundation achieves this by donating essential resources and providing financial assistance. As an example, it has donated 12 vital signs chairs to Matter, an organization that works towards improving global health through technology, and has granted funds to St. John's University. By engaging in such activities, the Qli Family Foundation contributes to the betterment of education and the relief of those in need, thereby enriching society as a whole.

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Impact




October, 2024

Qli Family Foundation Inc significantly impacts the community by focusing on education and supporting those in need. By donating vital resources, such as 12 vital signs chairs for healthcare settings, the foundation enhances the quality of care for individuals who might otherwise go without. Additionally, providing grants to institutions like St. John's University fosters educational opportunities, helping to uplift individuals and create pathways to better futures. Their commitment to alleviating the challenges faced by indigent people demonstrates a strong dedication to improving lives and promoting access to education and essential services in Roslyn Heights, NY, and beyond.




This information is meant to be a general summary of Qli Family Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$257,832 (2024)
Expenses
$17,782 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $36,805
  • Gross Receipts: $335,805

Assets and Liabilities:

  • Total Assets: $2,833,113
  • Total Liabilities: $0
  • Net Assets: $2,833,113

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Organization Details

Founding Year

2010

Principal Officer

Richard Xu

NTEE Category

Code: T23 - Philanthropy

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