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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. Total assets have grown from $15.7M in 2011 to $1.1B in 2024. 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 2020 to 2024. The foundation primarily funds organizations in California, New York and Massachusetts. According to available records, Xie Foundation has made 61 grants totaling $136.1M, with a median grant of $224K. Annual giving has grown from $12.9M in 2020 to $37.9M in 2024. Grantmaking activity was highest in 2022 with $49.9M distributed across 28 grants. Individual grants have ranged from $1K to $19.8M, with an average award of $2.2M. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Georgia, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$200K
Average Grant
$3.1M
Largest Grant
$10.2M
Based on 9 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.
Xie Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in CA, MA, GA.
Xie Foundation has distributed a total of $136.1M across 61 grants. The median grant size is $224K, with an average of $2.2M. Individual grants have ranged from $1K to $19.8M.
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 | N/A |
| Michael Xie | Co-Prs/Dir | $0 | $0 | N/A |
Total Giving
$37.9M
Total Assets
$1.1B
Fair Market Value
$1.1B
Net Worth
$1.1B
Grants Paid
$37.9M
Contributions
$3.8M
Net Investment Income
$3.1M
Distribution Amount
$43.2M
Total: $1.1B
Total Grants
61
Total Giving
$136.1M
Average Grant
$2.2M
Median Grant
$224K
Unique Recipients
15
Most Common Grant
$50K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stanford UniversityGeneral Purpose. | Stanford, CA | $19.8M | 2024 |
| Pinewood SchoolGeneral Purpose. | Los Altos, CA | $2.5M | 2024 |
| President and Fellows of Harvard UnGeneral Purpose. | Boston, MA | $2.5M | 2024 |
| Kiss Institute for Practical RobotiGeneral Purpose. | Norman, OK | $225K | 2024 |
| American Junior Golf AssociationGeneral Purpose. | Braselton, GA | $200K | 2024 |
| UC Berkeley FoundationGeneral Purpose. | Berkeley, CA | $188K | 2024 |
| UC Santa Cruz FoundationGeneral Purpose. | Santa Cruz, CA | $100K | 2024 |
| Fortinet Inc 127633 shGeneral Purpose. | Stanford, CA | $75K | 2024 |
| Monterey Peninsula FoundationGeneral Purpose. | Monterey, CA | $1M | 2023 |
| Sacred Heart SchoolsGeneral Purpose. | Atherton, CA | $101K | 2023 |
| New York UniversityGeneral Purpose. | New York, NY | $30K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA