Public Charity

X245 Foundation

X245 Foundation is a Public Charity headquartered in PALO ALTO, CA. Financial data from the 2025 filing: $2.1M revenue, $20K expenses, $8.2M total assets. 9 publicly reported grants to this organization, totaling roughly $4.3M, appear in IRS filings.

EIN: 843914782 PALO ALTO, CA Latest filing: 2025
Total Revenue$2.1M
Total Expenses$20K
Total Assets$8.2M
Grant Records9
Funding Total$4.3M
Filing Years2020–2025

Mission

TO ADDRESS THE NEGATIVE IMPACT THAT HIGH HOUSING COST IN THE BAY AREA HAS ON THE ABILITY OF PENINSULA BIBLE CHURCH PBC TO RECRUIT AND RETAIN PASTORAL STAFF. TO PROVIDE ASSISTANCE AND SUPPORT TO PBC PASTORS FOR HOUSING.

Sample Grants Received

2024
For grant recipient's exempt purposes
$800,000
2024
PUBLIC, SOCIETAL BENEFIT
$28,000
2023
PUBLIC, SOCIETAL BENEFIT
$20,000
2022
For grant recipient's exempt purposes
$500,000
2021
For grant recipient's exempt purposes
$500,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

OPERATIONS Daryl Sid
PRESIDENT Jerry Yan
BOARD MEMBER Peter Monaco
TREASURER Robert T Clarkson
SECRETARY Weiting Tang

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$4,250,000 6 grants
PUBLIC, SOCIETAL BENEFIT
$98,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.1M $20K $8.2M
2024 $847K $20K $5.4M
2023 $325K $42K $4.4M
2022 $779K $13K $3.8M
2020 $2.4M $4K $2.4M

Between 2020 and 2025, reported annual revenue declined from $2.4M to $2.1M (-12%), with total assets most recently reported at $8.2M.

Interactive year-over-year charts and full filing details available with membership.

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