Cyrus and Michael Tang Foundation
The Cyrus and Michael Tang Foundation is a private foundation based in Las Vegas, Nevada. In its 2024 filing, it reported 23 grants totaling $3,632,000 to charitable organizations, including educational, cultural, community-service, and other organizations.
Cyrus and Michael Tang Foundation at a glance
In short: Cyrus and Michael Tang Foundation gave $3.6M across 23 grants in 2024 (avg $158K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,632,000
- +650.3% vs 2023
- Grants made (2024)
- 23
- +76.9% vs 2023
- Average grant
- $157,913
- +324.1% vs 2023
- Median grant
- $50,000
- Total assets
- $50,949,497
- +4.9% vs 2023
- Primary geography
- California (34% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Cyrus and Michael Tang Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8960 Spanish Ridge Ave, Las Vegas, NV 89148
Phone: (702) 734-3700
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Cyrus and Michael Tang Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Rand Corporation ($1.0M). Together the top 10 received $3.3M.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 21 grants of 41 (51%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in California (34%), Iowa (20%), Washington, DC (14%), Ohio (14%), and Nevada (8%). These figures describe the locations of that year’s recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 23 itemized grants.
Cities
How Cyrus and Michael Tang Foundation gives
- 22% of 2024 grantees were also funded in 2023. Method
- Giving grew 327% from 2021 to 2024. Method
- In 2024 it paid out 158% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $484K (2023) to $3.6M (2024). In 2024 it made 23 grants totaling $3.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rand Corporation Santa Monica, CA | General Fund | $1,000,000 |
| College of William and Mary Harlan, IA | Economics Endowment | $735,000 |
| Cleveland Clinic Foundation Cleveland, OH | Endowment | $500,000 |
| National Defense University Foundation Fort McNair, DC | General Fund | $450,000 |
| Eat Real San Francisco, CA | General Fund | $250,000 |
| Big Green Broomfield, CO | General Fund | $100,000 |
| Nevada Hand Inc Las Vegas, NV | General Fund | $81,000 |
| The Field Museum Chicago, IL | General Fund | $75,000 |
| Business Executives for National Security Washington, DC | General Fund | $75,000 |
| St Judes Ranch Boulder City, NV | General Fund | $50,000 |
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Financial History
Multi-year comparison from IRS filings
The foundation is identified as a private foundation filing Form 990-PF.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $50,949,497 | $5,787,681 | $3,877,106 | $3,632,000 | 23 | $3,885,282 | $2,419,684 | $2,462,094 |
| 2023 | $48,591,022 | $6,970,995 | $695,250 | $484,068 | 13 | $721,921 | $328,913 | $2,246,575 |
| 2022 | $42,887,356 | $1,154,610 | $7,808,015 | $550,000 | 1 | $631,978 | $867,291 | $2,183,007 |
| 2021 | $50,053,919 | $4,185,740 | $1,047,821 | $850,000 | 2 | $1,056,376 | $1,479,364 | $2,308,685 |
| 2020 | $42,930,296 | $2,668,074 | $1,072,855 | $850,000 | 2 | — | $510,994 | $1,907,241 |
Under IRS private-foundation payout rules, Cyrus and Michael Tang Foundation reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for a range of organizations. For example, the National Defense University Foundation says it supports advanced professional military education and research; Big Green says it helps people grow food through school- and home-based garden programs; and Nevada HAND says it develops affordable housing for seniors and families with low to moderate incomes.
Other 2024 recipients included the Chinese American Service League, which describes its work as helping individuals, families, and the community toward an equitable future; the Asian Community Development Council, which says it works to improve the well-being and education of Asian Pacific Islander and other ethnic communities; and Nevada Public Radio, which says it aims to foster civic engagement by informing, educating, and inspiring audiences.
Grantmaking
In filing year 2024, the foundation made 23 grants totaling $3,632,000. Grant amounts ranged from $1,000 to $1,000,000, with a median of $50,000.
The largest grants included $1,000,000 to RAND Corporation for its general fund; $735,000 to the College of William and Mary for an economics endowment; $500,000 to Cleveland Clinic Foundation for an endowment; and $450,000 to the National Defense University Foundation for its general fund. Other notable grants were $250,000 to Eat Real, $100,000 to Big Green, and $81,000 to Nevada HAND, each for a general fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Michael Tang as president and director, and Vytas Ambutas as secretary.
Cyrus and Michael Tang Foundation is led by Michael Tang, President & Director on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael Tang
President & Director
On filings since 2020
2 hrs/week
No compensation reported
Vytas Ambutas
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Stella Liang (2020–2021) — Treasurer & Director
Data from IRS Form 990 filings, 2020–2024. "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 Cyrus and Michael Tang Foundation
How much does Cyrus and Michael Tang Foundation give each year?
Cyrus and Michael Tang Foundation gave $3.6M across 23 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $484K across 13 grants.
What is Cyrus and Michael Tang Foundation's typical grant size?
Cyrus and Michael Tang Foundation's median grant in 2024 was $50,000, and its average grant was $157,913, across 23 grants on its 2024 IRS Form 990-PF.
Where does Cyrus and Michael Tang Foundation give grants?
Cyrus and Michael Tang Foundation's top state is California, with 34% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Iowa (20%) and District of Columbia (14%). The most frequent recipient cities were Las Vegas, NV (8 grants) and Chicago, IL (3 grants).
Does Cyrus and Michael Tang Foundation give general operating support?
Yes: 87% of Cyrus and Michael Tang Foundation's 2024 grants with a stated purpose (20 of 23) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Cyrus and Michael Tang Foundation's largest grantees?
Cyrus and Michael Tang Foundation's largest 2024 grantees include Rand Corporation ($1,000,000), College of William and Mary ($735,000) and Cleveland Clinic Foundation ($500,000), according to its 2024 IRS Form 990-PF. Together they received 62% of its itemized 2024 grant dollars.
How large is Cyrus and Michael Tang Foundation?
Cyrus and Michael Tang Foundation reported $50.9M in total assets on its 2024 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets).
What does Cyrus and Michael Tang Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for a range of organizations. See mission & focus areas ↑
How do I apply for a grant from Cyrus and Michael Tang Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Cyrus and Michael Tang Foundation's EIN?
Cyrus and Michael Tang Foundation's EIN (Employer Identification Number) is 88-0485259. IRS Form 990 filing data is available on this page for 2020–2024.
Does Cyrus and Michael Tang Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Cyrus and Michael Tang Foundation funds
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Cite this profile
Grantable. (2026). Cyrus and Michael Tang Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/cyrus-and-michael-tang-foundation-morg_1c84b7abf44b42079e36afdeb77620db
BibTeX
@misc{grantable_880485259_2026,
author = {{Grantable}},
title = {{Cyrus and Michael Tang Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cyrus-and-michael-tang-foundation-morg_1c84b7abf44b42079e36afdeb77620db},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Cyrus and Michael Tang Foundation'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.
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