Xie Foundation
- Assets
- $632.1m
- Revenue
- -$299.7m
- Investments
- $627.9m
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 27-1208110
Organization Overview
Xie Foundation is located in Sunnyvale, CA. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xie Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Xie Foundation has awarded 51 individual grants totaling $132,652,376. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Xie Co-Prs/dir/sec | 3 | $0 | |
Michael Xie Co-Prs/dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,478,205 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,064 |
| Net Rental Income | -$143,238 |
| Net Gain on Sale of Assets | $279,108 |
| Capital Gain Net Income | $347,323 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$301,550,186 |
| Total Revenue | -$299,712,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$4,484,440 |
| Depreciation | $69,299 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $113,439 |
| Total operating and administrative expenses | -$4,168,580 |
| Contributions, gifts, grants paid | $25,346,436 |
| Total expenses and disbursements | $21,177,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $786,138 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $135,421 |
| Net Land, buildings, and equipment | $3,480,186 |
| Other assets | $0 |
| Total assets | $632,122,762 |
| Accounts payable and accrued expenses | $8,416 |
| Grants payable | $995,650 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,985,713 |
| Total liabilities | $8,989,779 |
Grants Awarded
Over the last fiscal year, Xie Foundation has awarded $35,346,436 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
PINEWOOD SCHOOL PURPOSE: GENERAL PURPOSE. | $70,000 |
STANFORD UNIVERSITY PURPOSE: GENERAL PURPOSE. | $2,403,234 |
STANFORD UNIVERSITY PURPOSE: GENERAL PURPOSE. | $336,150 |
PRESIDENT AND FELLOWS OF HARVARD UN PURPOSE: GENERAL PURPOSE. | $1,179 |
STANFORD UNIVERSITY PURPOSE: GENERAL PURPOSE. | $517,310 |
PRESIDENT AND FELLOWS OF HARVARD UN PURPOSE: GENERAL PURPOSE. | $198,821 |