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Xu & Zhang Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2014. The principal officer is Wei Xu. It holds total assets of $155K. Annual income is reported at $4K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Xu & Zhang Foundation has made 4 grants totaling $50K, with a median grant of $7K. Annual giving has grown from $9K in 2020 to $41K in 2022. Individual grants have ranged from $2K to $34K, with an average award of $13K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Pennsylvania and 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.
Xu & Zhang Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA, CA.
Xu & Zhang Foundation has distributed a total of $50K across 4 grants. The median grant size is $7K, with an average of $13K. Individual grants have ranged from $2K to $34K.
Xu & Zhang Foundation typically selects its grantees rather than accepting unsolicited proposals.
Xu & Zhang Foundation is headquartered in SARATOGA, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tianpei Zhang | Director | $0 | $0 | N/A |
| Wei Xu | President | $0 | $0 | N/A |
| Wenxiang Xu | Director | $0 | $0 | N/A |
| Yi Zhang | Director | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$184K
Fair Market Value
$175K
Net Worth
$184K
Grants Paid
$34K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$9K
Total Grants
4
Total Giving
$50K
Average Grant
$13K
Median Grant
$7K
Unique Recipients
3
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carnegie Mellon UniversitySupport education | Pittsburgh, PA | $34K | 2022 |
| Kehua SchoolSupporting poor students | Guiyang | $7K | 2022 |
| Saratoga Education FoundationSupporting Saratoga Schools | Saratoga, CA | $2K | 2020 |