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James And Karena Xie Family Foundation is a private corporation based in LA CANADA FLT, CA. The foundation received its IRS ruling in 2021. The principal officer is % Karena Xie. It holds total assets of $2.2M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, James And Karena Xie Family Foundation has made 7 grants totaling $119K, with a median grant of $7K. The foundation has distributed between $56K and $63K annually from 2022 to 2023. Individual grants have ranged from $3K to $50K, with an average award of $17K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
James And Karena Xie Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in CA.
James And Karena Xie Family Foundation has distributed a total of $119K across 7 grants. The median grant size is $7K, with an average of $17K. Individual grants have ranged from $3K to $50K.
James And Karena Xie Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
James And Karena Xie Family Foundation is headquartered in LA CANADA FLT, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karena Xie | CEO | $0 | $0 | $0 |
| Jian Xie | CFO | $0 | $0 | $0 |
Total Giving
$84K
Total Assets
$1.8M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$63K
Contributions
$0
Net Investment Income
$38K
Distribution Amount
$94K
Total: $1.8M
Total Grants
7
Total Giving
$119K
Average Grant
$17K
Median Grant
$7K
Unique Recipients
3
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Polytechnic SchoolCharitable | Pasadena, CA | $50K | 2023 |
| Pacific Oaks Children SchoolCharitable | Pasadena, CA | $7K | 2023 |
| Wings Of RescueCharitable | San Diego, CA | $5K | 2023 |
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