Granted
Sign in
LAS VEGAS, NV

Cyrus Tang Foundation

Quick Facts

EIN
880361180
Location
LAS VEGAS, NV
Category
Philanthropy & Grantmaking
Total Assets
$950.9M
Annual Income
$17.1M
IRS Ruling Year
1997
Organization Type
Corporation
Principal Officer
% Lowell Holmes
Tax Deductibility
Contributions are deductible

About This Foundation

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. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$18.4M

2023+69%

Total Assets

$842.4M

2023+26%

Fair Market Value

$842.4M

2023

Net Worth

$842.4M

2023

Grants Paid

$15.4M

2023

Contributions

$0

2023

Net Investment Income

$14.9M

2023

Distribution Amount

$39.1M

2023

Total Giving by Year

$11.9M
11
$10.1M
12
$13.5M
13
$13.5M
14
$15.1M
15
$11.1M
19
$15.3M
20
$30.8M
21
$10.9M
22
$18.4M
23

Asset Growth

$179.2M
11
$229.4M
12
$331.4M
13
$371.5M
14
$379.4M
15
$687.2M
19
$782M
20
$882.4M
21
$671.2M
22
$842.4M
23

Investment Portfolio (2023)

Total: $762.8M

Corporate Stock: $762.8M
Cash: $231K
Corporate Stock (100%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$15.4M
Depreciation$467K
Officer Compensation$337K
Travel & Conferences$270K
Pension & Benefits$39K
Occupancy$31K
Legal Fees$9K
Printing & Publications$8K
Accounting Fees$2K

Revenue Sources (2023)

Dividends
$11.7M
Interest
$4.3M
Other Income
$431K
Capital Gains (Net)
$-128,405

Financial Details (2023)

Total Revenue
$16.3M
Total Expenses
$18.4M
Exempt Purpose Expenses
$17.8M
Required Distribution
$39.1M
Undistributed Income
$31.2M
Total Liabilities
$1
Excise Tax
$208K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

See Similar Foundations

Browse all Philanthropy & Grantmaking foundations

More Foundations in Nevada

Ready to start your proposal?

Granted uses AI to draft, review, and polish your grant application — saving weeks of work.