Yi Zhou, and a curious case of disappearing charities
Yi Zhou, and a curious case of disappearing charities
Around November,
2023, Google indexed a website belonging to a charity founded by an Italian
AI-“director” Yi Zhou, intothesunfoundation.org:
The website for the charity is lackluster, with a vague, AI-generated “mission” message, empty events tab and a “Contact Us” tab that suggests users provide their personal information instead of displaying any actual contact links for the company.
The message offers
no elaboration as to the “health challenges” the foundation allegedly offers
help with.
The fillable
fields are set to show white font against the white background. Some might
think it’s done on purpose, to confuse those in need, making them think the
page isn’t actually working.
I have contacted
the foundation for information, but received no feedback.
The only perfectly
operable tab on the website is the “Donate” tab. Let’s take a
closer look at it:
The charity is
called “Into the Sun Foundation”, yet the money will be sent directly to “Into
the Sun Investment”.
Into the Sun
Investment is a corporation owned and founded by Yi Zhou in 2023.
Now, US-based
charities can direct funds to investment companies, but it requires strict
adherence to IRS regulations, ensuring funds serve charitable (not private)
purposes and using proper forms, and potentially undergoing extra scrutiny for
private foundations.
But there is a
problem. Into The Sun Foundation DOES NOT APPEAR TO BE REGISTERED with the IRS.
Give.org, Charity Navigator and Charity Watch show no match for the foundation
in their databases. IRS openly offers files on charity income disclosure, and a
thorough check of the Publication 78 data, information from the list of Exempt
organizations by state and region (for California and New York, the two states
Ms. Zhou has connections to) yielded no information about Into The Sun
Foundation. The e-postcard data on the IRS website shows no sign of Into the
Sun Foundation, either.
Surprisingly, the
foundation has been linked to Yi Zhow’s animated AI movie titled “Stardust
Future”. Below is an exert from a Deadline article about it:
Now, the director
(Ms. Zhou) claims she will donate proceeds from the film to, essentially, her
own foundation, that will re-direct money to her private foreign investment
company. Ms. Zhou effectively promises to take money from one of her pockets to
put it back into the other one. Quite a curious case for a charity that accepts
donations, offers no transparency on how the funds are actually used and keeps
no tangible records.
With no records
and no income disclosure, this creates a dangerously convenient environment for
potential money laundering.
Especially if we
take into account the fact that Ms. Zhou has produced no profitable projects in
the last few years, has no clearly disclosed sponsors other than her own
companies, yet her last AI film’s estimated budget allegedly reached $20
million.
And this is not
her only charity…
Yi Zhou’s First
Timer Fund’s website was indexed by Google back in July, 2024.
The website is
much like Ms. Zhou’s first charity website: mostly empty, filled with
AI-generated messages and pictures, soliciting user information in the “Contact
us” tab, and with the same peculiar Donate tab re-directing money to her
investment corporation.
The Fund shows no
match in IRS databases, or on Give.org, Charity Navigator or Charity Watch,
either.
The First Timer
Fund has a page on Instagram. Funnily enough, the website of the Fund doesn’t
match the one indicated on the said page. Firsttimerfund.com is a dead link.
Notice the name of the company indicated next to it in the screenshot below:
The actual Fund
website is not mentioned on any of Ms. Zhou’s Instagram pages, it’s nowhere to
be seen on the websites of Into the Sun Investment and Into the Sun
Entertainment (Into the Sun Foundation is not mentioned either). Moreover, Yi
Zhou’s interview published in Hollywood reporter claims the Fund operates as a
contest, providing the funding to the best project, while the statement on the
Into the Sun Investment website claims the company has the right to use any
submissions in its’ future projects without reimbursing the original author!
The Fund does not
appear to keep any record of donations, either. Thus, it is reasonable to
assume, that these two unregistered charities linked to the founder’s own
foreign investment corporation can easily be used as potential money laundering
venues.
In January, 2026,
information on the two suspicious “charity” websites owned by Ms. Yi Zhou went
online on X.
Within a week of
posting the findings, both websites were completely removed from the Internet,
and Ms. Zhou posted the following on her social media pages:
Her defense was to
state the charities didn’t even exist yet, it was all just a “buzz idea”,
“mock-up sites” and a “design study.” Which is very odd, considering she was
more than willing to talk about her “foundations” in interviews dating years
back!
Let’s go back to
her interviews again for a moment:
Exhibit A: First Timer Fund
Here we have a
Hollywood Reporter interview from May, 2023, discussing the Fund and terms of
project submission for creators looking to get their movies funded by the
“charity”. The charity that, apparently, doesn’t even exist yet! Was this a
ploy to harvest creative ideas and use them for her personal projects? Or is
she lying through her teeth now that the Fund’s been unearthed and checked
through the IRS registries?
The other
“charity”, the Into The Sun Foundation, a lack-luster “health-related” charity
that didn’t even bother defining their missions and goals, did initially look
like a mock-up… Except Ms. Zhou just couldn’t help but stroke her own ego in
her 2025 Deadline interview:
How come she
states the proceeds “support” (Present Tense) the Into the Sun Foundation, if
it doesn’t exist yet and she now claims there was never any activity launched
within the supposed charities?!
Manipulative
narcissists just can’t stop telling on themselves, can they? Points to ponder…
Now, what about
the Into The Sun Investment Corporation owned by Ms. Zhou?
Let’s take a
closer look at the company info:
Incorporation
State: Delaware. The corporation is operating in California.
The company had to
be registered as a “foreign corporation”, since it operates outside the state
of incorporation. But why register is in a state she has no actual business in?
The answer is the lax laws and rather interesting “opportunities” offered by the
State of Delaware to various businesses.
See below:
Here are some
controversial reasons a corporation might register in Delaware:
- Extreme Corporate Secrecy & Anonymous Shell
Companies: Delaware
does not require companies to disclose the names of officers, directors,
or owners in public filings. This makes it incredibly easy to create
“shell companies”, entities with no active business or assets, to mask the
true ownership of the company.
- Facilitating Money Laundering & Fraud: The lack of transparency means these
anonymous shell companies can be used to shift “dirty money” from one
place to another, acting as “getaway cars for criminals and the corrupt
across the globe,” according to Global Witness. This includes hiding cartel
drug money, facilitating Ponzi schemes, and enabling tax evasion.
- “The Delaware Loophole” (Tax Avoidance): Delaware does not impose corporate income
tax on companies that do business outside the state. Companies can
transfer intangible assets (like trademarks, patents, and copyrights) to a
Delaware subsidiary, which then charges the operating company a fee for
using them, reducing taxable income in higher-tax states.
What do we have in
the end? A corporation registered in a state that requires practically no
transparency in public filings (creating a perfect environment for money
laundering) and two supposedly inactive charities that “weren’t launched”, but
were actively mentioned and discussed in interviews by their founder throughout
the years.
The answer is in
the open. Ms. Zhou’s statement is a lie, an attempt to hide the fact that she
was operating two potential money laundering hubs while smearing the name of
another (IRS-registered) charity that provides actual help to those in need.
Maybe next time
Ms. Zhou decides to equate supporters of someone else’s charity to literal
sex-trafficking enablers she’ll remember to sort out her own “charities” with
the legal authorities instead of sweeping them under the rug? Wishful
thinking…
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