Nonprofit · EIN 85-2587845
XU AND YEUNG FOUNDATION
Tax-exempt · PALO ALTO, CA 94303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-PF | $0 | $6,662 | -$6,662 | $59,796 | $0 | $59,796 |
| July 31, 2024 | 990-PF | $0 | $6,488 | -$6,488 | $68,614 | $2,156 | $66,458 |
| July 31, 2023 | 990-PF | $0 | $9,878 | -$9,878 | $73,452 | $506 | $72,946 |
Financial details: 990-PF for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
Expenses
- Grants and similar amounts paid
- $3,200
- Compensation of officers, directors and key employees
- $1,650
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $3,200
Balance sheet and other
- Total assets, start of year
- $68,614
- Total assets, end of year
- $59,796
- Total liabilities, end of year
- $0
- Net assets, end of year
- $59,796
- Fair market value of assets
- $36,516
- Qualifying distributions
- $3,200
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fai Yeung 3206 Louis Road, Palo Alto, CA 94303 | Managing Director | 0.5 | $1,650 |
990-PF for the year ended July 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fai Yeung 3206 Louis Road, Palo Alto, CA 94303 | Managing Director | 0.5 | $1,650 |
990-PF for the year ended July 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fai Yeung 3206 Louis Road, Palo Alto, CA 94303 | Managing Director | 0.5 | $1,500 |
Address and contacts
- Address (IRS master file)
- 3206 LOUIS RD, PALO ALTO, CA 94303-4117
- In care of
- % FAI YEUNG
- Signed the 990-PF
- Fai Yeung, Managing Director
- Phone
- (408) 768-5817
California records
California keeps its own records of charities and corporations. Search them by EIN 85-2587845 or by the name XU AND YEUNG FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-PF on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-PF on file |
IRS record
- EIN
- 85-2587845
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2020
- Accounting year ends
- July
- Files
- Form 990-PF
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $59,796
- Income (IRS master file)
- $1
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | July 2025 | $0 | $6,662 | $59,796 | XML |
| 990-PF | July 2024 | $0 | $6,488 | $68,614 | XML |
| 990-PF | July 2023 | $0 | $9,878 | $73,452 | XML |
| 990-PF | July 2022 | – | – | – | IRS |
| 990-PF | July 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2587845).
Questions about XU AND YEUNG FOUNDATION
- What is the EIN of XU AND YEUNG FOUNDATION?
- The employer identification number (EIN) of XU AND YEUNG FOUNDATION is 85-2587845.
- Is XU AND YEUNG FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to XU AND YEUNG FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does XU AND YEUNG FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of XU AND YEUNG FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did XU AND YEUNG FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended July 2025.
- Who are the officers and directors of XU AND YEUNG FOUNDATION?
- The 990-PF for the year ended July 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $1,650 (Fai Yeung, Managing Director).
- How much revenue does XU AND YEUNG FOUNDATION have?
- On its 990-PF for the year ended July 31, 2025 it reported revenue of $0, expenses of $6,662 and total assets of $59,796 at year end.
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All nonprofits in PALO ALTO · California · Public and societal benefit