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Xie Foundation is a private corporation based in SUNNYVALE, CA. The foundation received its IRS ruling in 2010. The principal officer is % Foundation Source. It holds total assets of $1.1B. Annual income is reported at $439.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Xie Foundation has made 48 grants totaling $98.2M, with a median grant of $263K. Annual giving has grown from $12.9M in 2020 to $35.4M in 2023. Grantmaking activity was highest in 2022 with $49.9M distributed across 28 grants. Individual grants have ranged from $1K to $15.2M, with an average award of $2M. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Georgia, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Xie Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in CA, MA, GA.
Xie Foundation has distributed a total of $98.2M across 48 grants. The median grant size is $263K, with an average of $2M. Individual grants have ranged from $1K to $15.2M.
Xie Foundation typically selects its grantees rather than accepting unsolicited proposals.
Xie Foundation is headquartered in SUNNYVALE, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ken Xie | Co-Prs/Dir/Sec | $0 | $0 | $0 |
| Michael Xie | Co-Prs/Dir | $0 | $0 | $0 |
Total Giving
$37.1M
Total Assets
$724.9M
Fair Market Value
$724.9M
Net Worth
$714.8M
Grants Paid
$35.4M
Contributions
$2.7M
Net Investment Income
$444K
Distribution Amount
$38.8M
Total: $721M
Total Grants
48
Total Giving
$98.2M
Average Grant
$2M
Median Grant
$263K
Unique Recipients
14
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stanford UniversityGeneral Purpose. | Stanford, CA | $15.2M | 2023 |
| President And Fellows Of Harvard UnGeneral Purpose. | Boston, MA | $2.1M | 2023 |
| Monterey Peninsula FoundationGeneral Purpose. | Monterey, CA | $1M | 2023 |
| Kiss Institute For Practical RobotiGeneral Purpose. | Norman, OK | $275K | 2023 |
| American Junior Golf AssociationGeneral Purpose. | Braselton, GA | $250K | 2023 |
Other foundations that have funded Xie Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Newby Foundation | $15K | 2022 | CONTRIBUTION TOQUALIFYING 501(C)(3)ORGANIZATION |
| The Newby Foundation | $15K | 2022 | CONTRIBUTION TOQUALIFYING 501(C)(3)ORGANIZATION |
| Wade Family Foundation | $3K | 2022 | FIRE & ICE GALA SPONSORSHIP |
| Wade Family Foundation | $3K | 2022 | FIRE & ICE GALA SPONSORSHIP |
| Donald D And Elaine F Davis Trust |
| Uc Berkeley FoundationGeneral Purpose. | Berkeley, CA | $203K | 2023 |
| Sacred Heart SchoolsGeneral Purpose. | Atherton, CA | $101K | 2023 |
| Uc Santa Cruz FoundationGeneral Purpose. | Santa Cruz, CA | $100K | 2023 |
| Pinewood SchoolGeneral Purpose. | Los Altos, CA | $50K | 2023 |
| New York UniversityGeneral Purpose. | New York, NY | $30K | 2023 |
| Leland Stanford Junior UniversityGeneral Purpose. | Stanford, CA | $12M | 2020 |
| Stanford University Medical CenterGeneral Purpose. | Redwood City, CA | $523K | 2020 |
| Harvard UniversityGeneral Purpose. | Boston, MA | $200K | 2020 |
| Committee 100 Covid Relief FundGeneral Purpose. | New York, NY | $20K | 2020 |
| $150 |
| 2021 |
| OPERATIONS |
| Dominion Energy Charitable Foundation | $10K | 2020 | THE DIXIE FOUNDATION |
| Mithun Family Foundation | $5K | 2020 | GENERAL FUND |
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