James and Karena Xie Family Foundation

LA CANADA FLINTRIDGE, CA EIN: 85-4039687

James and Karena Xie Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA CANADA FLINTRIDGE, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 4 grants totaling $82K. Net investment income was $99K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+17.4% YoY

Annual Giving

$82K

+31.4% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$21K

-1.4% YoY

Under IRS private-foundation payout rules, James and Karena Xie Family Foundation reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

About James and Karena Xie Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $220K (99%)

New York $3K (1%)

States

California New York

Cities

Huntington BeachNew YorkPasadenaSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,167,326	$1,845,421	$1,872,744
Revenue	$441,989	$51,230	$-79,755
Expenses	$114,942	$83,752	$64,462
Qualifying Distributions	$96,176	$70,483	$62,395
Net Investment Income	$98,795	$38,261	$21,584
Distributable Amount	$119,679	$94,413	$98,014

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Polytechnic School ($53,000), Pacific Oaks Children School ($26,267), C Cap ($3,050).

Recipient	Purpose	Amount
Polytechnic School Pasadena, CA	Charitable	$53,000
Pacific Oaks Children School Pasadena, CA	Charitable	$26,267
California Doodle Rescue Huntington Beach, CA	Charitable	$59
C Cap New York, NY	Charitable	$3,050

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KARENA XIE	CEO	2	—
JIAN XIE	CFO	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is James and Karena Xie Family Foundation?

James and Karena Xie Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA CANADA FLINTRIDGE, CA. It holds $2.2M in total assets as of 2024.

How large is James and Karena Xie Family Foundation?

As of 2024, James and Karena Xie Family Foundation holds $2.2M in total assets with $442K in annual revenue. It awarded 4 grants totaling $82K in 2024.

Where does James and Karena Xie Family Foundation operate?

James and Karena Xie Family Foundation has awarded grants in California, New York.

What size grants does James and Karena Xie Family Foundation award?

In 2024, James and Karena Xie Family Foundation awarded 4 grants totaling $82K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is James and Karena Xie Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, James and Karena Xie Family Foundation reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is James and Karena Xie Family Foundation's EIN?

James and Karena Xie Family Foundation's EIN (Employer Identification Number) is 85-4039687. IRS Form 990 filing data is available on this page for 2021–2024.