Xu and Yeung Foundation

Private foundation · Grantmaker Palo Alto, CA EIN: 85-2587845

Xu and Yeung Foundation is a private foundation focused on Public, Societal Benefit, based in Palo Alto, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $60K in total assets. In 2025, it awarded 3 grants totaling $3K.

Key facts about Xu and Yeung Foundation

In short: Xu and Yeung Foundation gave $3K across 3 grants in 2025 (avg $1K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
85-2587845
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,200
Grants made (2025)
3
Average grant
$1,067
Median grant
$1,000
Total assets
$59,796
Primary geography
New York (63% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$60K

-12.9% YoY

Annual Giving

$3K

-20.0% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$1K

-73.3% YoY

How Xu and Yeung Foundation gives

  • Giving fell 75% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 3 itemized 2025 grant dollars.

Cities

RochesterSan JosePalo AltoLos AltosShreveportIthacaLose AngelesPlano

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K2 grants20218 grants20224 grants20231 grants20243 grants2025

From 2021 to 2025, annual grant giving ranged from $1K (2021) to $13K (2022). In 2025 it made 3 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

University of Rochester: $2KUniversity of Rochester$2KThe Point Church: $1KThe Point Church$1KE3 Partners: $200E3 Partners$200

The largest 2025 recipient was University of Rochester ($2K). Together the top 3 received $3K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Rochester Rochester, NYFor education betterment$2,000
The Point Church San Jose, CAReligion community services$1,000
E3 Partners Plano, TXReligion mission trip$200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K20212022202320242025
Metric202520242023
Total Assets$59,796$68,614$73,452
Revenue———
Expenses$6,662$6,488$9,878
Qualifying Distributions$3,200$4,000$7,444
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Xu and Yeung Foundation is led by Fai Yeung, Managing Director on every filing since 2021 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Fai Yeung

    Managing Director

    On filings since 2021

    0.5 hrs/week

    $1K (2021) → $2K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Fai Yeung — Managing Director: $2KFai YeungManaging Director$2K

The highest reported compensation on the 2025 filing was $2K, to Fai Yeung (Managing Director).

Frequently asked questions about Xu and Yeung Foundation

How much does Xu and Yeung Foundation give each year?

Xu and Yeung Foundation gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 1 grant.

What is Xu and Yeung Foundation's typical grant size?

Xu and Yeung Foundation's median grant in 2025 was $1,000, and its average grant was $1,067, across 3 grants on its 2025 IRS Form 990-PF.

Where does Xu and Yeung Foundation give grants?

Xu and Yeung Foundation gives mostly in New York: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (31%) and Texas (6%).

Does Xu and Yeung Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Xu and Yeung Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Xu and Yeung Foundation?

Xu and Yeung Foundation reported $60K in total assets on its 2025 IRS Form 990-PF.

What is Xu and Yeung Foundation?

Xu and Yeung Foundation is a private foundation focused on Public, Societal Benefit, based in Palo Alto, CA. It holds $60K in total assets as of 2025.

What is Xu and Yeung Foundation's EIN?

Xu and Yeung Foundation's EIN (Employer Identification Number) is 85-2587845. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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