Mission
Q Foundation is dedicated to preventing homelessness and ensuring that all individuals have access to safe, decent, and affordable housing. They offer rental subsidies and emergency financial assistance to low-income elderly, disabled, and LGBTQ individuals, particularly those living with HIV/AIDS. The foundation also engages in advocacy efforts to protect tenant rights and secure additional housing resources.
Basic Information
Tax-Exempt
Founded in
2004
EIN
20-0548954
Total Assets
$2.556 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
58
36
/100
Program Expense Ratio
84.17%
16
/20
Program Revenue Growth
-80.23%
2
/20
Leverage Ratio
0.4052
10
/20
Working Capital Ratio
0.4062
6
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 4.011M | 99.40% |
| Program Services | 19.92K | 0.49% |
| Investment Income | 2.593K | 0.06% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 1.561K | 0.04% |
| Total Revenue | 4.035M | 100.00% |
At a Glance
Preventing Homelessness
Q Foundation provides rental subsidies and emergency financial assistance to prevent individuals, especially those with HIV/AIDS, from becoming homeless. Their programs support vulnerable populations such as seniors and LGBTQ individuals.
Apple Inc. Promotion
Q Foundation earned recognition from Apple Inc. for its innovative use of technology in advocating for and preventing homelessness. This partnership underscores the Foundation's trailblazing approach in using tech solutions to address housing issues.
Partnering for Impact
Through strategic partnerships with organizations like the Eviction Defense Collaborative, Q Foundation ensures that affected individuals receive the financial support needed to maintain stable housing.
Impact Stats
$1 million
funding
Rental Subsidies for HIV Positive Individuals
Q Foundation secured $1 million in funding from the Mayor’s Office of Housing and Community Development to provide rental subsidies for people living with HIV. This initiative was the first new HIV rental subsidy program in 12 years.
Hundreds
rent subsidies
Collaboration with Eviction Defense Collaborative
Q Foundation partnered with the Eviction Defense Collaborative to provide a rent subsidy to individuals like Mary and Edwin, helping them stay in their home despite financial challenges.
High impact
technology implementation
Bill.com Partnership for Rent Relief Platform
In collaboration with Bill.com, Q Foundation developed an advanced rent relief platform to streamline and enhance the efficiency of providing financial aid to those in need.
4,000
affordable homes
Election & Advocacy for Prop C
Q Foundation played a pivotal role in advocating for Proposition C, which aims to generate $300 million annually through a corporate tax to fund services for the homeless. The proposition successfully passed, leading to increased support for affordable homes.
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