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Olsen And Tang Family Foundation is a private corporation based in SCOTTSDALE, AZ. The foundation received its IRS ruling in 2023. It holds total assets of $373K. Annual income is reported at $164K. Total assets have grown from $75K in 2021 to $202K in 2023. The foundation is governed by 2 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 2021 to 2023. According to available records, Olsen And Tang Family Foundation has made 2 grants totaling $511K, with a median grant of $256K. Annual giving has decreased from $491K in 2021 to $20K in 2022. Individual grants have ranged from $20K to $491K, with an average award of $256K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Arizona. 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.
Olsen And Tang Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in AZ.
Olsen And Tang Family Foundation has distributed a total of $511K across 2 grants. The median grant size is $256K, with an average of $256K. Individual grants have ranged from $20K to $491K.
Olsen And Tang Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Olsen And Tang Family Foundation is headquartered in SCOTTSDALE, AZ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wanda Tang | Director | $0 | $0 | N/A |
| William R Olsen | Director | $0 | $0 | N/A |
Total Giving
$27K
Total Assets
$202K
Fair Market Value
$458K
Net Worth
$202K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$104K
Distribution Amount
$21K
Total: N/A
Total Grants
2
Total Giving
$511K
Average Grant
$256K
Median Grant
$256K
Unique Recipients
2
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mayo ClinicCHARITABLE/HEALTH | Scottsdale, AZ | $20K | 2022 |
| Schwab Charitable Donor Advised FunPUBLIC CHARITY | Phoenix, AZ | $491K | 2021 |
TUCSON, AZ
PHOENIX, AZ
SCOTTSDALE, AZ