Quantum Design Foundation

EIN 822685242

Lake Success, NY 11042 |(800) 839-1754

Total Given 2018–2018
$100K
1 grants · $100K avg/year
based on 1 yr of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$100K
typical big bets · $100K–$100K
grant size
0%
transactional · single-year
repeat
$190K
Assets (2024)
1
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2018, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $100,000. This amount represents 25% or more of the Foundation's net assets of $258,189 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2018. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Arts & Culture Science & Research

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2018 $100K $152K $2K 1
2020 N/A $36K $86 N/A
2021 N/A $28K $22 N/A
2022 N/A $30K $10K N/A
2023 N/A $48K $25K N/A
2024 N/A $190K $150K N/A

Grant Size Distribution

Based on 1 grants on record

Minimum
$100K
25th Pctl
$100K
Median
$100K
Average
$100K
75th Pctl
$100K
Maximum
$100K

Geographic Distribution

Officers & Directors

Grants Awarded (1 total)

Purpose
Childrens Museum of Bozeman Inc Bozeman, MT $100,000 creating a new interactive technology museum in the Bozeman area Fund 2018