The Richard Tam Foundation
The Richard Tam Foundation is a private foundation, based in Las Vegas, NV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.5M in total assets. In 2025, it awarded 3 grants totaling $8.3M. Net investment income was $1.8M.
Key facts about The Richard Tam Foundation
In short: The Richard Tam Foundation gave $8.3M across 3 grants in 2025 (avg $2.8M), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 88-0241216
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $8,315,000
- Grants made (2025)
- 3
- Average grant
- $2,771,667
- Median grant
- $2,500,000
- Total assets
- $5,483,306
- Primary geography
- Massachusetts (52% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.5M
-54.5% YoY
Annual Giving
$8.3M
+91.1% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$2.8M
+154.9% YoY
Under IRS private-foundation payout rules, The Richard Tam Foundation reported a distributable amount of $615K for 2025 — the minimum it must pay out in qualifying distributions.
How The Richard Tam Foundation gives
- Giving grew 735% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Richard Tam Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON CHILDREN'S HOSPITAL Boston, MA | CANCER RESEARCH/EDUCATION | $4,315,000 |
| HENRY FORD CLINIC Detriot, MI | MEDICAL RESEARCH/EDUCATION | $2,500,000 |
| UNIVERSITY OF MICHIGAN Ann Arbor, MI | LUNG CANCER RESEARCH/EDUCATION | $1,500,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,483,306 | $12,049,904 | $13,638,946 |
| Revenue | $1,884,547 | $2,939,173 | $249,511 |
| Expenses | $8,451,145 | $4,528,215 | $4,692,218 |
| Qualifying Distributions | $8,323,343 | $4,357,785 | $4,551,070 |
| Net Investment Income | $1,756,745 | $1,691,908 | $246,904 |
| Distributable Amount | $615,277 | $841,259 | $898,442 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
The Richard Tam Foundation is led by Judith L. Sargent, Executive Director since 2023 (on filings since 2021) — the only officer listed, and uncompensated.
Officers on the 2025 filing
Judith L. Sargent
Executive Director
President → Executive Director, 2023
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 The Richard Tam Foundation
How much does The Richard Tam Foundation give each year?
The Richard Tam Foundation gave $8.3M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.3M across 4 grants.
What is The Richard Tam Foundation's typical grant size?
The Richard Tam Foundation's median grant in 2025 was $2,500,000, and its average grant was $2,771,667, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Richard Tam Foundation give grants?
The Richard Tam Foundation gives mostly in Massachusetts: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Michigan (48%).
Does The Richard Tam Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Richard Tam Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is The Richard Tam Foundation?
The Richard Tam Foundation reported $5.5M in total assets on its 2025 IRS Form 990-PF. It paid out $8.3M in qualifying distributions that year, against a required minimum of $615K (roughly 5% of its investment assets).
What is The Richard Tam Foundation's EIN?
The Richard Tam Foundation's EIN (Employer Identification Number) is 88-0241216. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Richard Tam Foundation by hand.
Explore Open Grants
Browse active grant opportunities in The Richard Tam Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
United Jewish Foundation
Bloomfield Hills, MI
The United Jewish Foundation supports Jewish community continuity, including Jewish organizations, older adults, education, children, medical research, and related services. Its 2025 grants had a median of $18,000, though awards ranged widely; 87% of grant dollars went to Michigan, with some support elsewhere in the U.S. The profile does not state whether it accepts unsolicited requests.
Assets
$761.7M
Grants
274
Total Given
$43.6M
Central Indiana Community Foundation Inc
Indianapolis, IN
CICF supports a range of charitable work through its funds and partner entities, including youth programs, housing, social services, environmental equity, and services for older adults, primarily in Central Indiana. Its 2024 grants had a median award of $25,000, though amounts varied widely. CICF does not award grants directly; most competitive opportunities use its grants portal, while the Hamilton County Multi-Year Partner Grant is invitation-only and does not accept unsolicited requests.
Assets
$583.5M
Grants
525
Total Given
$31.1M
Abrams Family Foundation
Detroit, MI
The Abrams Family Foundation supports animal welfare, health care, education, and religious or community organizations, primarily in Michigan. Its 2025 grants ranged from $1,800 to $150,000, with a median grant of $10,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$3.4M
Grants
26
Total Given
$580K
Musculoskeletal Transplant
Edison, NJ
MTF Biologics funds peer-reviewed research on donated human tissue and allograft transplantation, including orthopaedics, reconstructive surgery, wound care, and tissue processing, with an emphasis on clinical translation. Its 2024 grants ranged from $16,667 to $110,000, with a median of $31,250, and went to recipients in multiple states; the profile does not state whether it accepts unsolicited requests.
Assets
$323.4M
Grants
17
Total Given
$694K
The Fritz and Mary Lee Duda Family
Dallas, TX
The foundation supports health care, education, social services, youth programs, Catholic community initiatives, and environmental work, with most 2024 funding going to Texas organizations. Its 62 grants ranged from $500 to $60,000, with a median of $3,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
—
Grants
62
Total Given
$477K
Amyotrophic Lateral Sclerosis Assn
Arlington, VA
The Amyotrophic Lateral Sclerosis Association funds ALS research, care services, clinics, assistive technology, education, and advocacy, with grants awarded to organizations across the United States. In 2025, grants ranged from $6,750 to $250,000, with a median of $50,000. It accepts applications through specific programs: research applicants submit a letter of intent, and full proposals are by invitation; clinic programs have separate application processes.
Assets
$100.4M
Grants
42
Total Given
$3.5M
Trailsend Foundation
Atlanta, GA
Trailsend Foundation supports a varied mix of education, health care, advocacy, public safety, and conservation work. Its 2024 grants ranged from $1,500 to $1.1 million, with a median award of $50,000, and were concentrated in Georgia, Hawaii, Montana, and Kentucky. The profile does not state whether it accepts unsolicited requests.
Assets
$116.6M
Grants
47
Total Given
$6.6M
Applebaum Family Support Foundation
Bloomfield Hills, MI
To support the jewish community and community as a whole.
Assets
$1.5M
Grants
13
Total Given
$805K
Andrew Sabin Family Foundation
East Hampton, NY
The foundation supports environmental protection, community organizations, and healthcare research, including cancer research, with both local and global initiatives; its 2024 grants went entirely to New York-based recipients. Giving varies widely: grants ranged from $25 to $2.05 million in 2024, with a median of $5,000. The profile does not state whether it accepts unsolicited requests.
Assets
$9.7M
Grants
167
Total Given
$6.8M
Indian River Community Foundation Inc
Vero Beach, FL
The Foundation makes competitive grants for organizations serving Indian River County, Florida, with priorities including vulnerable individuals and families, animal welfare, the environment, and historic preservation. Its 2025 grants had a median of $19,250; one program’s guidelines allow up to $50,000 for proven programs and $100,000 for capital projects. Applicants begin with an online Letter of Idea, and only qualifying proposals are invited to submit a full application.
Assets
$114.6M
Grants
206
Total Given
$15.9M
American Academy of Sleep Medicine
Darien, IL
The AASM Foundation funds sleep-health research, investigator career development, training, community programs, and disaster relief for eligible sleep centers. Its 2024 grants ranged from about $10,000 to $540,000, with a median of $100,000, and went to organizations across the United States, especially in Massachusetts, New York, and Minnesota. Some grants have defined application cycles and eligibility requirements; the profile does not state whether unsolicited requests are accepted.
Assets
$18.2M
Grants
23
Total Given
$3.7M
Fabiano Foundation
Bay City, MI
Assets
$1.0M
Grants
14
Total Given
$479K
More Funders in Nevada
The Richard Tam Foundation down — hundreds of funders to go?