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Timothy S Y Lam Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 2014. The principal officer is Ellen Lam. It holds total assets of $1.1M. Annual income is reported at $421K. Total assets have grown from $358K in 2012 to $1M in 2023. The foundation is governed by 1 officer or trustee. Scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 7 states, including District of Columbia, Texas, Nevada. According to available records, Timothy S Y Lam Foundation has made 24 grants totaling $241K, with a median grant of $2K. Annual giving has decreased from $210K in 2020 to $18K in 2022. Individual grants have ranged from $225 to $187K, with an average award of $10K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Nevada, California, Pennsylvania, which account for 50% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$950
Median Grant
$2K
Average Grant
$3K
Largest Grant
$6K
Based on 7 grants from the most recent 990-PF filing.
Scholarships
Expenses: $29K
Travel Grant
Covid Relief Grants
Expenses: $187K
Scholarships. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NV, CA, PA.
Timothy S Y Lam Foundation has distributed a total of $241K across 24 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $225 to $187K.
Timothy S Y Lam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Timothy S Y Lam Foundation is headquartered in LAS VEGAS, NV. While based in NV, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michelle Okrent | Foundation Associate | $0 | $0 | N/A |
Total Giving
$100K
Total Assets
$1M
Fair Market Value
N/A
Net Worth
$1M
Grants Paid
$59K
Contributions
$402K
Net Investment Income
$34K
Distribution Amount
$41K
Total: $639K
Total Grants
24
Total Giving
$241K
Average Grant
$10K
Median Grant
$2K
Unique Recipients
17
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Board Of RegentsScholarships | San Diego, CA | $1K | 2021 |
| Nevada Hotel Lodging AssociationScholarship | Henderson, NV | $6K | 2022 |
| Univerisity Of AlabamaScholarship | Tuscaloosa, AL | $3K | 2022 |
| University Of HoustonScholarship | Houston, TX | $2K | 2022 |
| Oklahoma State UniversityScholarships | Stillwater, OK | $2K | 2022 |
| College Of Coastal GeorgiaScholarships | Brunswick, GA | $2K | 2022 |
| Cal State Long BeachScholarships | Long Beach, CA | $2K | 2022 |
| EicScholarship | Washington, DC | $950 | 2022 |
| San Diego State UniversityScholarships | San Diego, CA | $2K | 2021 |
| NaceScholarship | Bethlehem, PA | $1K | 2021 |
| UmassTravel Grant | Las Vegas, NV | $1K | 2021 |
| American Hotel Lodging InstituteScholarships | Lansing, MI | $375 | 2021 |
| Covid Relief GrantsTravel Grant | Las Vegas, NV | $187K | 2020 |
| Ilea HqScholarship | Chicago, IL | $3K | 2020 |
| Snhca Educational InstituteScholarships | San Diego, CA | $2K | 2020 |
| Cornell UniversityScholarships | Ithaca, NY | $2K | 2020 |
| UnlvScholarship | Durham, NC | $2K | 2020 |