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Xelay Foundation is a private corporation based in SAN MATEO, CA. The foundation received its IRS ruling in 2016. The principal officer is Alex Yang. It holds total assets of $2.5M. Annual income is reported at $1.4M. The foundation is governed by 3 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 2016 to 2023. The foundation primarily funds organizations in California, Massachusetts and Washington. According to available records, Xelay Foundation has made 65 grants totaling $733K, with a median grant of $3K. Annual giving has grown from $116K in 2020 to $180K in 2023. Grantmaking activity was highest in 2022 with $328K distributed across 26 grants. Individual grants have ranged from N/A to $75K, with an average award of $11K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Illinois, California, Massachusetts, which account for 86% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$3K
Average Grant
$8K
Largest Grant
$51K
Based on 14 grants from the most recent 990-PF filing.
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.
Xelay Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in IL, CA, MA.
Xelay Foundation has distributed a total of $733K across 65 grants. The median grant size is $3K, with an average of $11K. Individual grants have ranged from N/A to $75K.
Xelay Foundation typically selects its grantees rather than accepting unsolicited proposals.
Xelay Foundation is headquartered in SAN MATEO, CA. While based in CA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alex Yang | BOARD OF DIRECTORS | $0 | $0 | N/A |
| Elaine Chen | DIRECTOR | $0 | $0 | N/A |
| Diana Chang | DIRECTOR | $0 | $0 | N/A |
Total Giving
$213K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$180K
Contributions
N/A
Net Investment Income
$204K
Distribution Amount
$126K
Total: N/A
Total Grants
65
Total Giving
$733K
Average Grant
$11K
Median Grant
$3K
Unique Recipients
34
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The University Of ChicagoTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Chicago, IL | $75K | 2023 |
| Mit Alumni AssociationTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Cambridge, MA | $40K | 2023 |
| Nueva RtpTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $35K | 2023 |
| Xelay Foundation Academic Scholarship 2023-2024TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $13K | 2023 |
| Xelay Foundation Collegiate Tennis Scholarship 2023-2024TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $4K | 2023 |
| OdysseyTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $4K | 2023 |
| Stanford UniversityTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Stanford, CA | $3K | 2023 |
| Hillsdale FoundationTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $3K | 2023 |
| Cambodian Childrens FundTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Santa Monica, CA | $2K | 2023 |
| Samaritan HouseTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $1K | 2023 |
| Silicon Valley Tsinghua NetworkTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Milpitas, CA | $750 | 2023 |
| Xelay Foundation Academic Scholarship 2022-2023TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $13K | 2022 |
| Nueva Annual FundTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $10K | 2022 |
| Xelay Foundation Collegiate Tennis Scholarship 2022-2023TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $6K | 2022 |
| Taiwanese American OrganizationTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Ann Arbor, MI | $3K | 2022 |
| Mcf Kitchen TableTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Francisc, CA | $1K | 2022 |
| EteamsponsorTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Concord, CA | $100 | 2022 |
| Hillsdale High School FoundationTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Mateo, CA | $4K | 2021 |
| Network For GoodTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Washington, DC | $3K | 2021 |
| AapipTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Francisc, CA | $2K | 2021 |
| Chinese For AffirmatTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | San Francisc, CA | $2K | 2021 |
| Red Canary SongTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | New York, NY | $2K | 2021 |
| Cambodian Children'S FundTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Santa Monica, CA | $2K | 2021 |
| AhsTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Oakland, CA | $1K | 2021 |
| National Asia PacificTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | Chicago, IL | $1K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA