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Cyrus Tang Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 1997. The principal officer is Lowell Holmes. It holds total assets of $950.9M. Annual income is reported at $17.1M. Total assets have grown from $179.2M in 2011 to $950.9M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in China, United States and Las Vegas NV. According to available records, Cyrus Tang Foundation has made 2 grants totaling $20.8M, with a median grant of $10.4M. Annual giving has grown from $7.8M in 2022 to $13M in 2024. Individual grants have ranged from $7.8M to $13M, with an average award of $10.4M. Contributions to this foundation are tax-deductible.
The Cyrus Tang Foundation pursues a relationship-driven grantmaking strategy built on decades-long partnerships with elite universities in China and the United States. Founded in 1995 by industrialist Cyrus Tang, the foundation operates through established networks of trusted partners rather than open solicitation. Its flagship CT Scholarship program, running since 1997, exemplifies this approach: rather than accepting individual student applications, the foundation works through 21 partner universities that identify and recommend candidates. This model enables deep institutional relationships and sustained impact tracking across cohorts. The foundation''s strategy centers on three pillars—education, healthcare, and community development—with education receiving the largest share of resources. A distinctive feature is the CaringHeart Club requirement: scholarship recipients must participate in community service through clubs established at each partner university, creating a multiplier effect where educational investment generates civic engagement. The foundation also maintains a Chinese-language operation (cyrustangfoundation.org.cn), reflecting its binational focus and deep roots in the Chinese academic ecosystem.
With approximately $951 million in assets, the Cyrus Tang Foundation is a substantial private foundation with significant annual grantmaking capacity. The foundation''s giving is heavily concentrated in education, particularly university scholarships and infrastructure. Over its history, the foundation has supported 14,256 students across Chinese universities through the CT Scholarship program alone. Grant sizes range from modest scholarships to multi-million dollar capital gifts for university construction. The IIT Scholarships at Illinois Institute of Technology represent the foundation''s oldest US-based program, originally established in 1984 for Chinese students and later expanded. The Tang Faculty-Student Research Endowment at the College of William and Mary funds collaborative research stipends, field studies, and travel. Healthcare grants support medical aid and public health programs in both countries. Community development funding includes cross-cultural exchange projects like the 1990 Institute''s video content on China-US relations, which generated 156,000 views. The foundation operates from Las Vegas, NV, an unusual base for a foundation of this scale.
| Foundation | Assets | Focus | Geographic Reach | Application Model |
|---|---|---|---|---|
| Cyrus Tang Foundation | $951M | Education, healthcare, community development | China, US | Partner network only |
| Tang Fund / Cyrus and Michael Tang Foundation | $50M+ | Education, culture | US, China | Pre-selected |
| Li Ka Shing Foundation | $10B+ | Education, healthcare | Hong Kong, China, global | Invitation + open |
| Starr Foundation | $1.8B | Education, culture, healthcare | US, Asia | Pre-selected |
| Freeman Foundation | $500M+ | Asian studies, exchange programs | US, East Asia | Invitation-based |
| Henry Luce Foundation | $1.2B | Higher education, Asia, theology, arts | US, Asia | Open RFPs |
The Cyrus Tang Foundation occupies a distinctive position among US-based foundations focused on US-China educational exchange. While the Li Ka Shing Foundation dwarfs it in assets, Tang''s deep integration with 21 Chinese universities gives it unusual programmatic depth. Unlike the Henry Luce Foundation, which supports Asian studies broadly and accepts open applications, Tang works exclusively through its established institutional network. The foundation''s scholarship model—combining financial support with mandatory community service—is more prescriptive than most comparable programs.
As of 2024-2025, the Cyrus Tang Foundation continues its longstanding scholarship programs across 21 Chinese universities, with cumulative beneficiaries exceeding 14,256 students. The foundation filed its most recent Form 990-PF in November 2024 (for tax year 2023). Its community development arm has been active with the 1990 Institute project, producing short-form video content on contemporary China and China-US relations that reached 156,000 views across 8 videos and 5 trailers. The related Cyrus and Michael Tang Foundation made $484,068 in grants in 2023. The foundation continues to operate its CaringHeart Club network at partner universities, maintaining its distinctive model of combining educational scholarships with civic engagement requirements. The foundation''s website features current programming information in both English and Chinese, with active LinkedIn and YouTube channels for public engagement.
The Cyrus Tang Foundation does not maintain an open application process for most of its programs, making traditional grant-seeking approaches ineffective. For organizations seeking engagement: (1) Partner universities in China are the primary channel—if your institution is among the 21 participating universities, contact your campus CTF liaison about the CT Scholarship program. (2) For US-based institutions, the IIT scholarship model suggests the foundation may be receptive to establishing named scholarship programs at universities with strong connections to Chinese students or US-China academic exchange. (3) Healthcare organizations working in China or on US-China health cooperation should explore the foundation''s healthcare pillar, which funds medical aid, public health, and teacher training. (4) Community development organizations focused on US-China cross-cultural understanding may find alignment with the foundation''s 1990 Institute-type projects. (5) The foundation''s emphasis on measurable outcomes (student counts, view counts) suggests proposals should include clear impact metrics. (6) Organizations with existing relationships to the Tang family network or Chinese American philanthropy circles are best positioned. (7) Connect via LinkedIn at linkedin.com/company/52542510 or through the foundation''s website at cyrustangfoundation.org for general inquiries.
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Educational-foundation donated funds for the construction of schools or for the benefit of existing universities
Expenses: $12.3M
The Cyrus Tang Scholarship for Personal Development and Community Service, operating since 1997 at 21 key Chinese universities, providing renewable undergraduate scholarships based on scholastic achievement, financial need, exemplary conduct, and civic involvement. Over 14,256 students supported.
Scholarship program at Illinois Institute of Technology originally for Chinese students, subsequently expanded to all qualifying IIT undergraduates
Funding for medical aid, public health, and healthcare initiatives in China and the US
Cross-cultural exchange initiatives and community projects including the 1990 Institute video content on contemporary China-US relations
Community service clubs established at each participating university for scholarship recipients to complete community work requirements
With approximately $951 million in assets, the Cyrus Tang Foundation is a substantial private foundation with significant annual grantmaking capacity. The foundation''s giving is heavily concentrated in education, particularly university scholarships and infrastructure. Over its history, the foundation has supported 14,256 students across Chinese universities through the CT Scholarship program alone. Grant sizes range from modest scholarships to multi-million dollar capital gifts for university .
Cyrus Tang Foundation has distributed a total of $20.8M across 2 grants. The median grant size is $10.4M, with an average of $10.4M. Individual grants have ranged from $7.8M to $13M.
The Cyrus Tang Foundation pursues a relationship-driven grantmaking strategy built on decades-long partnerships with elite universities in China and the United States. Founded in 1995 by industrialist Cyrus Tang, the foundation operates through established networks of trusted partners rather than open solicitation. Its flagship CT Scholarship program, running since 1997, exemplifies this approach: rather than accepting individual student applications, the foundation works through 21 partner univ.
Cyrus Tang Foundation is headquartered in LAS VEGAS, NV. The foundation primarily funds organizations in China, United States, Las Vegas NV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patrick Liang | Treasurer | $150K | $0 | $150K |
| Stella Liang | President/Director | $107K | $0 | $107K |
| Wenchen Cheng Liang | Director | $80K | $0 | $80K |
| Vytas Ambutas | Secretary | $0 | $0 | N/A |
Total Giving
$13M
Total Assets
$950.9M
Fair Market Value
$950.9M
Net Worth
$950.9M
Grants Paid
$13M
Contributions
N/A
Net Investment Income
$18.5M
Distribution Amount
$44.8M
Total: $894.5M
Total Grants
2
Total Giving
$20.8M
Average Grant
$10.4M
Median Grant
$10.4M
Unique Recipients
1
Most Common Grant
$7.8M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| VARIOUS UNIVERSITIESEDUCATION | Wujiang City | $13M | 2024 |