Xie Foundation
The Xie Foundation is a private foundation based in Sunnyvale, California. Its 2024 grants went to educational institutions and other organizations, including universities, a school, a junior golf association, and a robotics institute.
Xie Foundation at a glance
In short: Xie Foundation gave $37.9M across 13 grants in 2024 (avg $2.9M), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $37,912,285
- +7.2% vs 2023
- Grants made (2024)
- 13
- +0.0% vs 2023
- Average grant
- $2,916,330
- +7.2% vs 2023
- Median grant
- $200,000
- Total assets
- $1,124,534,019
- +55.1% vs 2023
- Primary geography
- California (92% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Xie Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 909 Kifer Road, Sunnyvale, CA 94086
Phone: (650) 496-7458
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Xie Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Stanford University ($31.8M across 3 grants). Together the top 8 received $37.9M.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was in the $100–250K range: 17 grants of 56 (30%).
Geographic Focus
Where this funder awards grants
In 2024, 92% of grant dollars went to recipients in California, 6% to Massachusetts, and 1% each to Oklahoma and Georgia.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
How Xie Foundation gives
- Giving grew 38% from 2021 to 2024. Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $12.9M (2020) to $37.9M (2024). In 2024 it made 13 grants totaling $37.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanford University Stanford, CA | General Purpose. | $19,782,860 |
| Stanford University Stanford, CA | General Purpose. | $11,925,388 |
| Pinewood School Los Altos, CA | General Purpose. | $2,530,149 |
| President and Fellows of Harvard Un Boston, MA | General Purpose. | $2,452,800 |
| Kiss Institute for Practical Roboti Norman, OK | General Purpose. | $225,000 |
| Pinewood School Los Altos, CA | General Purpose. | $223,733 |
| American Junior Golf Association Braselton, GA | General Purpose. | $200,000 |
| UC Berkeley Foundation Berkeley, CA | General Purpose. | $187,700 |
| UC Santa Cruz Foundation Santa Cruz, CA | General Purpose. | $100,000 |
| UC Berkeley Foundation Berkeley, CA | General Purpose. | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,124,534,019 | $438,452,054 | $43,936,764 | $37,912,285 | 13 | $37,912,285 | $3,071,217 | $43,178,478 |
| 2023 | $724,877,338 | $128,731,936 | $37,075,197 | $35,368,429 | 13 | $35,368,429 | $444,098 | $38,779,044 |
| 2022 | $632,122,762 | $-299,712,809 | $21,177,856 | $24,948,415 | 14 | $24,948,415 | $215,382 | $36,741,503 |
| 2021 | $956,961,483 | $6,604,458 | $27,714,131 | $27,513,514 | 9 | $27,513,514 | — | $33,985,150 |
| 2020 | $411,201,511 | $3,649,227 | $13,145,773 | $12,932,820 | 7 | — | — | $17,124,813 |
Under IRS private-foundation payout rules, Xie Foundation reported a distributable amount of $43.2M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 recipients included universities and a school. The American Junior Golf Association describes its mission as “golf tournaments—a program promoting junior golf competitions and serving over 9,099 members.” The UC Santa Cruz Foundation says its mission is “to benefit the University of California Santa Cruz.” These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation made 13 grants totaling $37,912,285. Grants ranged from $50,000 to $19,782,860, with a median of $200,000. The largest grants included $19,782,860 and $11,925,388 to Stanford University, $2,530,149 to Pinewood School, and $2,452,800 to the President and Fellows of Harvard University. Other recipients included the Kiss Institute for Practical Robotics ($225,000), the American Junior Golf Association ($200,000), and the UC Berkeley Foundation ($187,700).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ken Xie as Co-President, Director, and Secretary, and Michael Xie as Co-President and Director.
Xie Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ken Xie
Co-Prs, Director & Secretary
On filings since 2020
3 hrs/week
No compensation reported
Michael Xie
Co-Prs & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Xie Foundation
How much does Xie Foundation give each year?
Xie Foundation gave $37.9M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35.4M across 13 grants.
What is Xie Foundation's typical grant size?
Xie Foundation's median grant in 2024 was $200,000, and its average grant was $2,916,330, across 13 grants on its 2024 IRS Form 990-PF.
Where does Xie Foundation give grants?
Xie Foundation gives mostly in California: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (6%). The most frequent recipient cities were Stanford, CA (4 grants), Los Altos, CA (3 grants) and Berkeley, CA (2 grants).
Does Xie Foundation give general operating support?
Yes: 100% of Xie Foundation's 2024 grants with a stated purpose (13 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Xie Foundation's largest grantees?
Xie Foundation's largest 2024 grantees include Stanford University ($31,758,248 across 3 grants), Pinewood School ($2,813,882 across 3 grants) and President and Fellows of Harvard Un ($2,452,800), according to its 2024 IRS Form 990-PF. Together they received 98% of its itemized 2024 grant dollars.
How large is Xie Foundation?
Xie Foundation reported $1.1B in total assets on its 2024 IRS Form 990-PF. It paid out $37.9M in qualifying distributions that year, against a required minimum of $43.2M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Xie Foundation fund?
No mission statement for the foundation is provided. Its 2024 recipients included universities and a school. The American Junior Golf Association describes its mission as “golf tournaments—a program promoting junior golf competitions and serving over 9,099 members.” See mission & focus areas ↑
How do I apply for a grant from Xie Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Xie Foundation's EIN?
Xie Foundation's EIN (Employer Identification Number) is 27-1208110. IRS Form 990 filing data is available on this page for 2020–2024.
Does Xie Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Xie Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/xie-foundation-morg_1426137497fe4bb1a056918ea9ea1a51
BibTeX
@misc{grantable_271208110_2026,
author = {{Grantable}},
title = {{Xie Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/xie-foundation-morg_1426137497fe4bb1a056918ea9ea1a51},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Xie Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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