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Cyrus And Michael Tang Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 2001. The principal officer is Lowell Holmes. It holds total assets of $50.9M. Annual income is reported at $16M. Total assets have grown from $11M in 2011 to $50.9M in 2024. The foundation is governed by 2 officers and trustees. University of chicago. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Cyrus And Michael Tang Foundation has made 19 grants totaling $3.3M, with a median grant of $48K. Annual giving has decreased from $850K in 2020 to $484K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 2 grants. Individual grants have ranged from $10K to $600K, with an average award of $173K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Illinois, New York, Nevada, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
University of chicago
Expenses: $550K
University of chicago. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in IL, NY, NV.
Cyrus And Michael Tang Foundation has distributed a total of $3.3M across 19 grants. The median grant size is $48K, with an average of $173K. Individual grants have ranged from $10K to $600K.
Cyrus And Michael Tang Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cyrus And Michael Tang Foundation is headquartered in LAS VEGAS, NV. While based in NV, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vytas Ambutas | SECRETARY | $0 | $0 | N/A |
| Michael Tang | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$50.9M
Fair Market Value
N/A
Net Worth
$50.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
19
Total Giving
$3.3M
Average Grant
$173K
Median Grant
$48K
Unique Recipients
15
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nevada Hand IncGENERAL FUND | Las Vegas, NV | $116K | 2023 |
| Blue Sphere Foundation IncGENERAL FUND | New York, NY | $100K | 2023 |
| Ditchley FoundationGENERAL FUND | Enstone | $50K | 2023 |
| Nevada Public RadioGENERAL FUND | Las Vegas, NV | $48K | 2023 |
| Misericordia FoundationGENERAL FUND | Chicago, IL | $25K | 2023 |
| The Field MuseumGENERAL FUND | Chicago, IL | $25K | 2023 |
| Asian Community Development CouncilGENERAL FUND | Las Vegas, NV | $25K | 2023 |
| Kenny Guinn Center For Policy PrioritiesGENERAL FUND | Reno, NV | $25K | 2023 |
| Greatler Las Vegas Inner City GamesGENERAL FUND | Las Vegas, NV | $20K | 2023 |
| Illinois Holocaust Museum & Education CenterGENERAL FUND | Skokie, IL | $15K | 2023 |
| Core Powered By The RogersGENERAL FUND | Las Vegas, NV | $15K | 2023 |
| The World War Ii FoundationGENERAL FUND | Wakefield, RI | $10K | 2023 |
| Mumzys Children Relief FoundationGENERAL FUND | Le Roy, IL | $10K | 2023 |
| University Of ChicagoGENERAL FUND | Chicago, IL | $550K | 2022 |
| Touro UniversityGENERAL FUND | New York, NY | $250K | 2021 |