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.
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.
About The Richard Tam Foundation
Based on IRS filings
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
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 |
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
Among its reported 2025 grants, the largest include Boston Children's Hospital ($4,315,000), Henry Ford Clinic ($2,500,000), University of Michigan ($1,500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MICHIGAN ANN ARBOR, MI | LUNG CANCER RESEARCH/EDUCATION | $1,500,000 |
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | CANCER RESEARCH/EDUCATION | $4,315,000 |
| HENRY FORD CLINIC DETRIOT, MI | MEDICAL RESEARCH/EDUCATION | $2,500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JUDITH L SARGENT | Executive Dir. | 5 | — |
Frequently Asked Questions
How large is The Richard Tam Foundation?
As of 2025, The Richard Tam Foundation holds $5.5M in total assets with $1.9M in annual revenue. It awarded 3 grants totaling $8.3M in 2025.
Where does The Richard Tam Foundation operate?
The Richard Tam Foundation has awarded grants in Massachusetts, Michigan, Minnesota.
What size grants does The Richard Tam Foundation award?
In 2025, The Richard Tam Foundation awarded 3 grants totaling $8.3M — an average of about $2.8M per grant, based on its IRS Form 990 filings.
How much is The Richard Tam Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Richard Tam Foundation reported a distributable amount of $615K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Richard Tam Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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