Cyrus and Michael Tang Foundation
Preselected recipients only
Cyrus and Michael Tang Foundation is a private foundation in Las Vegas, Nevada. In tax year 2024 it gave $3.6 million in 23 grants; the typical grant was $50,000 and the largest $1.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$3.6 million
- Number of grants23
- Typical grant$50,000
- Largest grant$1.0 million
- Assets$50.9 million
- New grantees78%
Giving in 2024 was up from $484,068 the year before.
78% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $484,068 | 13 | $48.6 million |
| 2024 | $3.6 million | 23 | $50.9 million |
How to apply
Cyrus and Michael Tang Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Cyrus and Michael Tang Foundation funds
Where it gives
Its grants went to recipients in 8 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 2 | $1.3 million |
| Iowa | 1 | $735,000 |
| District of Columbia | 2 | $525,000 |
| Ohio | 1 | $500,000 |
| Nevada | 11 | $282,000 |
| Illinois | 4 | $190,000 |
| Colorado | 1 | $100,000 |
| Virginia | 1 | $50,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Rand Corporation | General fund | $1.0 million |
| College of William and Mary | Economics endowment | $735,000 |
| Cleveland Clinic Foundation | Endowment | $500,000 |
| National Defense University Foundation | General fund | $450,000 |
| Eat Real | General fund | $250,000 |
| Big Green | General fund | $100,000 |
| Nevada Hand Inc | General fund | $81,000 |
| The Field Museum | General fund | $75,000 |
| Business Executives for National Security | General fund | $75,000 |
| St Judes Ranch | General fund | $50,000 |
| Marine Corps Scholarship Foundation | General fund | $50,000 |
| Chinese American Service League | General fund | $50,000 |
| Illinois Holocaust Museum & Education Center | General fund | $40,000 |
| Asian Community Development Council | General fund | $25,000 |
| University of Chicago | Kenneth s. Polonsky scholarship | $25,000 |
| Crohn's & Colitis Foundation | General fund | $25,000 |
| Nevada Public Radio | General fund | $20,000 |
| Nevada Tomorrow DBA Truckee Meadows Tomorrow | General fund | $20,000 |
| Habitat for Humanity | General fund | $20,000 |
| Touro University | General fund | $15,000 |
| After School All Stars | General fund | $15,000 |
| Communities in Schools Nevada | General fund | $10,000 |
| One Drop Foundation | General fund | $1,000 |
Officers and trustees
- Michael Tang
- Vytas Ambutas
Questions people ask
Does Cyrus and Michael Tang Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Cyrus and Michael Tang Foundation give?
$3.6 million in tax year 2024, across 23 grants, with a typical grant of $50,000.
Who runs Cyrus and Michael Tang Foundation?
Its 2024 filing lists Michael Tang (President/Director) and Vytas Ambutas (Secretary).
What does Cyrus and Michael Tang Foundation fund?
Based on its grants, mainly education and arts and culture.