Xu & Zhang Foundation
Xu & Zhang Foundation is a private foundation focused on Education, based in Saratoga, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 3 grants totaling $5K. Net investment income was $4K.
Xu & Zhang Foundation at a glance
In short: Xu & Zhang Foundation gave $5K across 3 grants in 2025 (avg $2K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,225
- -86.6% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $1,742
- -86.6% vs 2024
- Median grant
- $1,538
- Total assets
- $1,622,671
- +948.1% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Xu & Zhang Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Harker School ($3K). Together the top 3 received $5K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Xu & Zhang Foundation gives
- Giving fell 87% from 2022 to 2025. Method
- In 2025 it paid out 26% 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 2025, annual grant giving ranged from $5K (2025) to $44K (2021). In 2025 it made 3 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harker School San Jose, CA | Support education | $2,500 |
| Saratoga Education Foundation Saratoga, CA | Support education | $1,538 |
| Saratoga Music Booster Saratoga, CA | Support Saratoga music education | $1,187 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,622,671 | $1,491,409 | $5,658 | $5,225 | 3 | $5,658 | $3,909 | $21,983 |
| 2024 | $154,814 | $4,164 | $39,502 | $39,000 | 3 | $39,502 | $9,950 | $8,813 |
| 2023 | $184,367 | $9,787 | $35,774 | $34,000 | 1 | $35,774 | $9,787 | $9,274 |
| 2022 | $210,602 | $27,295 | $42,381 | $40,929 | 2 | $42,381 | $27,295 | $11,569 |
| 2021 | $223,072 | $42,736 | $44,995 | $44,379 | 4 | — | $42,736 | $12,146 |
| 2020 | $225,605 | $17,542 | $10,313 | $9,462 | 2 | — | $17,542 | $11,547 |
Under IRS private-foundation payout rules, Xu & Zhang Foundation reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Xu & Zhang Foundation is led by Wei Xu, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Wei Xu
President
On filings since 2020
No compensation reported
Yi Zhang
Director
On filings since 2020
No compensation reported
Former officers (2)
- Former: Tianpei Zhang (2020–2023) — Director
- Former: Wenxiang Xu (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Xu & Zhang Foundation
How much does Xu & Zhang Foundation give each year?
Xu & Zhang Foundation gave $5K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 3 grants.
What is Xu & Zhang Foundation's typical grant size?
Xu & Zhang Foundation's median grant in 2025 was $1,538, and its average grant was $1,742, across 3 grants on its 2025 IRS Form 990-PF.
Where does Xu & Zhang Foundation give grants?
Xu & Zhang Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Saratoga, CA (2 grants).
Does Xu & Zhang Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Xu & Zhang Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Xu & Zhang Foundation?
Xu & Zhang Foundation reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $22K (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 is Xu & Zhang Foundation?
Xu & Zhang Foundation is a private foundation focused on Education, based in Saratoga, CA. It holds $1.6M in total assets as of 2025.
What is Xu & Zhang Foundation's EIN?
Xu & Zhang Foundation's EIN (Employer Identification Number) is 36-4748359. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 11, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Xu & Zhang Foundation funds
Education Open opportunities, soonest deadline first.
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