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Also known as: EDUCATION INC
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Jane And Tom Tang Foundation For Education Inc. is a private corporation based in MAPLEWOOD, NJ. The foundation received its IRS ruling in 2001. The principal officer is Rrbb & Co. It holds total assets of $11.8M. Annual income is reported at $3.3M. Total assets have grown from $191K in 2011 to $11.9M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Jane And Tom Tang Foundation For Education Inc. has made 8 grants totaling $1.1M, with a median grant of $36K. The foundation has distributed between $542K and $549K annually from 2022 to 2023. Individual grants have ranged from $2K to $500K, with an average award of $136K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and Michigan and Indiana. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jane And Tom Tang Foundation For Education Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in PA, MI, IN.
Jane And Tom Tang Foundation For Education Inc. has distributed a total of $1.1M across 8 grants. The median grant size is $36K, with an average of $136K. Individual grants have ranged from $2K to $500K.
Jane And Tom Tang Foundation For Education Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jane And Tom Tang Foundation For Education Inc. is headquartered in MAPLEWOOD, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tony Tang | TRUSTEE-HOURS AS NEEDED | $0 | $0 | N/A |
| Edwin C Landis Jr | TRUSTEE-HOURS AS NEEDED | $0 | $0 | N/A |
| Carl Schwartz | TRUSTEE-HOURS AS NEEDED | $0 | $0 | N/A |
Total Giving
$819K
Total Assets
$11.9M
Fair Market Value
$12.8M
Net Worth
$11.9M
Grants Paid
$549K
Contributions
N/A
Net Investment Income
$415K
Distribution Amount
$649K
Total: $11.1M
Total Grants
8
Total Giving
$1.1M
Average Grant
$136K
Median Grant
$36K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of PittsburghTO SUPPORT THE TANG MARKS FACULTY AWARD PROGRAM | Pittsburgh, PA | $500K | 2023 |
| University Of MichiganTO PROVIDE A SCHOLARSHIP FOR A STUDENT'S 2023 TUITION | Ann Arbor, MI | $36K | 2023 |
| OucaresTO SUPPORT THE JOANNE & TED LINDSAY FOUNDATION AUTISM OUTREACH SERVICES AT OAKLAND UNIVERSITY | Rochester, MI | $10K | 2023 |
| University Of Notre DameTO PROVIDE A SCHOLARSHIP FOR A STUDENT'S 2023 TUITION | Notre Dame, IN | $2K | 2023 |
| Zhejiang UniversityTO SUPPORT THE ZHEJIANG UNIVERSITY EDUCATION FOUNDATION | Hangzhou | $100K | 2022 |