Timothy S Y Lam Foundation

Private foundation · Grantmaker Las Vegas, NV EIN: 45-4735106

The Timothy S Y Lam Foundation is a private foundation based in Las Vegas, Nevada. Its 2024 filing lists grants for scholarship purposes to universities, colleges, and other organizations.

Timothy S Y Lam Foundation at a glance

In short: Timothy S Y Lam Foundation gave $58K across 20 grants in 2024 (avg $3K), top state Pennsylvania. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$57,544
+59.5% vs 2023
Grants made (2024)
20
+33.3% vs 2023
Average grant
$2,877
+19.6% vs 2023
Median grant
$2,000
Total assets
$1,053,592
+2.0% vs 2023
Primary geography
Pennsylvania (21% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

How to apply to Timothy S Y Lam Foundation

Accepts unsolicited proposals
No
Contact

Mailing address: PO Box 98141, Las Vegas, NV 89193
Phone: (702) 461-7271

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Timothy S Y Lam Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Penn State University: $10KPenn State University$10KLas Vegas Wedding Chamber of Comm: $5KLas Vegas Wedding Chamber ofComm$5KNACE National: $5KNACE National$5KUniversity of Memphis: $5KUniversity of Memphis$5KUniversity of Central Florida: $4KUniversity of Central Florida$4KEIC GCCC: $3KEIC GCCC$3KHSMAI: $3KHSMAI$3KCornell Univeristy: $2KCornell Univeristy$2KTexas Tech University: $2KTexas Tech University$2KCSN: $2KCSN$2K

The largest 2024 recipient was Penn State University ($10K). Together the top 10 received $40K.

Organizations only. It also paid 1 individual scholarship ($800), which are not listed by name.

Grant Size Distribution

59 grants across all recorded years

58<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 58 grants of 59 (98%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars went to recipients in multiple states. The largest reported shares were Pennsylvania (21%), Nevada (16%), North Carolina (10%), Florida (10%), and Maryland (9%).

Grant Distribution by State

21states

Share of 2024 grant dollars across all 20 itemized grants.

Cities

Las VegasCharlotteChicagoColumbiaCullowheeGainesvilleHendersonIthacaLubbockMc LeanMemphisOrlandoPullmanSaratoga SpringsSmithfieldUniversity ParkWashingtonWilliamsportBenton HarborBethlehem

How Timothy S Y Lam Foundation gives

  • Giving grew 348% from 2021 to 2024. 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$100K$200K$300K8 grants2019 10 grants2020 7 grants2021 7 grants2022 15 grants2023 20 grants2024

From 2019 to 2024, annual grant giving ranged from $13K (2021) to $210K (2020). In 2024 it made 20 grants totaling $58K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Penn State University University Park, PAScholarships$10,000
Las Vegas Wedding Chamber of Comm Las Vegas, NVScholarship$5,000
NACE National Columbia, MDScholarships$5,000
University of Memphis Memphis, TNScholarships$4,999
University of Central Florida Orlando, FLScholarship$4,000
EIC GCCC Washington, DCScholarship$2,625
HSMAI Mc Lean, VAScholarship$2,525
Cornell Univeristy Ithaca, NYScholarships$2,000
Texas Tech University Lubbock, TXScholarship$2,000
CSN Henderson, NVScholarships$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2024$1,053,592$61,586$116,442$57,54420$48,925$60,917
2023$1,032,996$435,638$100,367$36,08715$33,695$40,605
2022$639,588$23,414$63,049$17,9467$20,793$34,010
2021$825,371$151,069$38,613$12,8587$43,414$42,554
2020$518,685$127,673$240,730$209,72710$18,059$39,155
2019$631,742$67,368$78,558$23,2128$33,841$32,266

Under IRS private-foundation payout rules, Timothy S Y Lam Foundation reported a distributable amount of $61K 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 grant descriptions commonly identify scholarships as the purpose of funding. Recipients included colleges and universities; for example, the University of Central Florida says its foundation stewards charitable contributions to support UCF, while Skidmore College describes its mission as educating predominantly full-time undergraduates and preparing graduates to be informed, responsible citizens.

Grantmaking

In 2024, the foundation made 20 grants totaling $57,544. Grant amounts ranged from $595 to $10,000, with a median of $2,000. Among the largest grants were $10,000 to Penn State University for scholarships; $5,000 each to Las Vegas Wedding Chamber of Comm for a scholarship and NACE National for scholarships; and $4,999 to the University of Memphis for scholarships.

The foundation’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michelle Okrent as Foundation Associate.

Timothy S Y Lam Foundation's only listed officer is Michelle Okrent, Foundation Associate on every filing since 2019 (uncompensated).

Officers on the 2024 filing

  • Michelle Okrent

    Foundation Associate

    On filings since 2019

    15 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "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 Timothy S Y Lam Foundation

How much does Timothy S Y Lam Foundation give each year?

Timothy S Y Lam Foundation gave $58K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 15 grants.

What is Timothy S Y Lam Foundation's typical grant size?

Timothy S Y Lam Foundation's median grant in 2024 was $2,000, and its average grant was $2,877, across 20 grants on its 2024 IRS Form 990-PF.

Where does Timothy S Y Lam Foundation give grants?

Timothy S Y Lam Foundation's top state is Pennsylvania, with 21% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Nevada (16%) and North Carolina (10%). The most frequent recipient cities were Las Vegas, NV (2 grants).

Does Timothy S Y Lam Foundation give general operating support?

Not in 2024: none of the 20 grants with a stated purpose on Timothy S Y Lam Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (15 grants) and "Scholarship" (5 grants).

Who are Timothy S Y Lam Foundation's largest grantees?

Timothy S Y Lam Foundation's largest 2024 grantees include Penn State University ($10,000), Las Vegas Wedding Chamber of Comm ($5,000) and NACE National ($5,000), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($800), which are not listed by name. Together they received 35% of its itemized 2024 grant dollars.

How large is Timothy S Y Lam Foundation?

Timothy S Y Lam Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $62K.

What does Timothy S Y Lam Foundation fund?

No mission statement for the foundation is provided. Its 2024 grant descriptions commonly identify scholarships as the purpose of funding. See mission & focus areas ↑

How do I apply for a grant from Timothy S Y Lam Foundation?

Timothy S Y Lam Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines.

How much is Timothy S Y Lam Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Timothy S Y Lam Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Timothy S Y Lam Foundation's EIN?

Timothy S Y Lam Foundation's EIN (Employer Identification Number) is 45-4735106. IRS Form 990 filing data is available on this page for 2019–2024.

Does Timothy S Y Lam Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 24, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 9, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 5, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 4, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 15, 2025)
  7. IRS filings on file for fiscal years 2019–2024

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Cite this profile

Grantable. (2026). Timothy S Y Lam Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/timothy-s-y-lam-foundation-morg_8a19cdd792e6427db85f9d61419853a2

BibTeX
@misc{grantable_454735106_2026,
  author       = {{Grantable}},
  title        = {{Timothy S Y Lam Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/timothy-s-y-lam-foundation-morg_8a19cdd792e6427db85f9d61419853a2},
  note         = {Accessed 2026-10-18. 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 Timothy S Y Lam 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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