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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 $2.1M. Annual income is reported at $280K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Jian Xie | CFO | $0 | $0 | N/A |
Total Giving
$84K
Total Assets
$1.8M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$63K
Contributions
N/A
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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA