Cosmin Panait and Lilian Yang

Private foundation · Grantmaker New York, NY EIN: 86-1837259

Cosmin Panait and Lilian Yang is a private foundation focused on International, Foreign Affairs & National Security, based in New York, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $547K in total assets. In 2024, it awarded 7 grants totaling $828K. Net investment income was $10K.

Cosmin Panait and Lilian Yang at a glance

In short: Cosmin Panait and Lilian Yang gave $828K across 7 grants in 2024 (avg $118K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$828,000
+524.9% vs 2023
Grants made (2024)
7
+75.0% vs 2023
Average grant
$118,286
+257.1% vs 2023
Median grant
$10,000
Total assets
$547,236
-59.9% vs 2023
Primary geography
New Jersey (61% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Cosmin Panait and Lilian Yang funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Dillon Yusti Foundation: $500KDillon Yusti Foundation$500KCharles Schwab - Donor Advised Fund: $150KCharles Schwab - Donor AdvisedFund$150KNyspcc: $148KNyspcc$148KClaremont Prep Association: $10KClaremont Prep Association$10KDuke University: $10KDuke University$10KComplete Playground Inc: $5KComplete Playground Inc$5KGregg Richards Foundation: $5KGregg Richards Foundation$5K

The largest 2024 recipient was Dillon Yusti Foundation ($500K). Together the top 7 received $828K.

Grant Size Distribution

14 grants across all recorded years

8<$50K$50–100K4$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 14 (57%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

New YorkDurhamLivingstonAlpineFerndaleOrlando

How Cosmin Panait and Lilian Yang gives

  • Giving grew 137% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2021 2 grants2022 4 grants2023 7 grants2024

From 2021 to 2024, annual grant giving ranged from $133K (2023) to $828K (2024). In 2024 it made 7 grants totaling $828K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Dillon Yusti Foundation Alpine, NJTo assist with the grants used for educational, health and well-being.$500,000
Charles Schwab - Donor Advised Fund Orlando, FL142,500 to be sent to the british schools and universities foundation inc to assist with research and educational needs of the british schools and universities foundation inc.; remainder in daf for future use.$150,000
Nyspcc New York, NYTo assist with the prevention of cruetly to children.$148,000
Claremont Prep Association New York, NYTo assist with the educational and research needs of the claremont prep school.$10,000
Duke University Durham, NCTo assist with the educational growth of duke university as well as future research and outreach.$10,000
Complete Playground Inc New York, NYTo assist with creation of spaces for families to play.$5,000
Gregg Richards Foundation Livingston, NJTo assist with the study of life saving illnesses.$5,000
Your AI grants department

Ready to take the next step with Cosmin Panait and Lilian Yang?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$547,236$17,323$835,733$828,0007$828,000$10,090$47,133
2023$1,365,646—$135,218$132,5004$132,500—$69,714
2022$1,500,864—$149,136$149,0002$149,000—$79,538
2021$1,650,000$2,000,000$350,000$350,0001$350,000——

Under IRS private-foundation payout rules, Cosmin Panait and Lilian Yang reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Cosmin Panait and Lilian Yang is led by Cosmin Panait, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Cosmin Panait

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lianqing Yang

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Donnell Suares

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Donelle Suares (2021–2022) — Director

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Cosmin Panait and Lilian Yang

How much does Cosmin Panait and Lilian Yang give each year?

Cosmin Panait and Lilian Yang gave $828K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $133K across 4 grants.

What is Cosmin Panait and Lilian Yang's typical grant size?

Cosmin Panait and Lilian Yang's median grant in 2024 was $10,000, and its average grant was $118,286, across 7 grants on its 2024 IRS Form 990-PF.

Where does Cosmin Panait and Lilian Yang give grants?

Cosmin Panait and Lilian Yang gives mostly in New Jersey: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (20%) and Florida (18%). The most frequent recipient cities were New York, NY (3 grants).

Does Cosmin Panait and Lilian Yang give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Cosmin Panait and Lilian Yang's 2024 IRS Form 990-PF were described as general or operating support.

Who are Cosmin Panait and Lilian Yang's largest grantees?

Cosmin Panait and Lilian Yang's largest 2024 grantees include Dillon Yusti Foundation ($500,000), Charles Schwab - Donor Advised Fund ($150,000) and Nyspcc ($148,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.

How large is Cosmin Panait and Lilian Yang?

Cosmin Panait and Lilian Yang reported $547K in total assets on its 2024 IRS Form 990-PF. It paid out $828K in qualifying distributions that year, against a required minimum of $47K (roughly 5% of its investment assets).

What is Cosmin Panait and Lilian Yang?

Cosmin Panait and Lilian Yang is a private foundation focused on International, Foreign Affairs & National Security, based in New York, NY. It holds $547K in total assets as of 2024.

What is Cosmin Panait and Lilian Yang's EIN?

Cosmin Panait and Lilian Yang's EIN (Employer Identification Number) is 86-1837259. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

Browse active grant opportunities in Cosmin Panait and Lilian Yang's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in New York

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Cosmin Panait and Lilian Yang's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Cosmin Panait and Lilian Yang down — hundreds of funders to go?

Want AI to do this for you?