The Cyrus and Michael TANG Foundation makes relatively few but large gifts focused on policy research, higher-education endowments, and health/medical institutions, while also supporting food systems and local Nevada social services. Their portfolio mixes national institutions (think tanks, university endowments, defense and medical centers) with a handful of community- and mission-driven nonprofits, suggesting an interest in influencing public policy and building institutional capacity as well as supporting local needs in Las Vegas.
A $1,000,000 general-fund grant to Rand Corporation stands out in the Cyrus and Michael Tang Foundation’s recent activity and helps define its profile: a small set of large awards aimed at policy research, institutional capacity, and selected community needs. The foundation also made a $735,000 economics endowment gift to the College of William and Mary and a $500,000 endowment grant to Cleveland Clinic Foundation, showing that long-horizon support is part of its approach alongside current-use funding. Across the recent grants list, the foundation backs a mix of national research organizations, universities, medical institutions, and Nevada-based nonprofits. National defense and policy organizations appear alongside food and youth nutrition groups, while Las Vegas recipients receive support for health, housing, education, and community services. The pattern suggests grantmaking that is not limited to one sector: it includes research, endowments, and local service organizations in the same portfolio. The foundation’s giving volume is substantial relative to the number of grants recorded, and the awards tend to be meaningful in size rather than widely dispersed. That makes each grant visible in the foundation’s overall profile, especially the large gifts to research and institutional recipients and the recurring support for Nevada organizations.
Policy and national security research is a clear theme. The foundation gave $450,000 to National Defense University Foundation for general fund support, $75,000 to Business Executives for National Security for general fund support, and $75,000 to Rand Corporation for general fund support. Those gifts point to interest in institutions that produce research and analysis. Higher education and scholarship support also appears in the record. A $25,000 grant to University of Chicago supported the Kenneth S. Polonsky Scholarship, while a $735,000 award to College of William and Mary was directed to an economics endowment. The mix includes both student aid and long-term academic capacity. Health, food systems, and community-serving work round out the portfolio. The foundation gave $250,000 to Eat Real for general fund support and $100,000 to Big Green for general fund support. In Nevada, it also supported Nevada HAND, St Judes Ranch, and Habitat for Humanity through general-fund grants tied to local services.
$3.6M
$50.9M
$5.8M
$3.9M
Most grants fall between $15K and $48K, with a median of $25K.
25th Percentile
$15K
Median
$25K
75th Percentile
$48K
Top 2 recipient countries by grant volume for Cyrus and Michael Tang Foundation.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 36 | $4.6M | 97.3% |
| 2 | United Kingdom |
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Concentrated, high-dollar grants to a small number of national institutions and university endowments, supplemented by targeted gifts to local nonprofits; mostly one-off large commitments with limited repeat funding (only a couple of repeat/smaller community grants).
Notable grantees: RAND Corporation, College of William & Mary, Cleveland Clinic Foundation, National Defense University Foundation, Nevada HAND Inc
Typical grant sizes cluster in the mid-five-figure range: p25 is $15,000, the median is $25,000, and p75 is $48,000. The recent file also includes several six- and seven-figure awards, so the distribution is tilted by a few large institutional grants while many others sit in the $15,000 to $50,000 range. The pattern suggests flexible grantmaking rather than a single program formula. Most listed awards are general-fund gifts, with a smaller number directed to endowments or scholarship support. Recipients can appear more than once across the record, including Nevada Public Radio, The Field Museum, Nevada Hand Inc, and Illinois Holocaust Museum & Education Center, which points to repeated support rather than one-time-only giving.
Grants are concentrated in the United States, with one award in the UK. Nevada is the top state by grant count, and 50% of grants go to recipients in the foundation’s headquarters state. Las Vegas appears repeatedly in the recipient list, alongside Reno and Boulder City. Outside Nevada, the foundation also gives to organizations in Chicago, Washington, DC, Santa Monica, San Francisco, Cleveland, and Alexandria.
The recent grants show support for policy and national security research, university endowments and scholarships, health and medical institutions, food systems, and Nevada community services. Examples include general-fund awards, endowment gifts, and scholarship support across research, education, and local nonprofit work.
Yes. Several recipients appear more than once in the recent grants list, including Nevada Public Radio, The Field Museum, Nevada Hand Inc, and Illinois Holocaust Museum & Education Center. That suggests some organizations receive follow-on support rather than a single one-time grant.
The grant-size distribution centers on mid-five-figure gifts. The p25 is $15,000, the median is $25,000, and the p75 is $48,000. The file also includes larger awards, including $1,000,000, $735,000, and $500,000 grants.
Nevada is the top state by grant count, and 50% of grants go to recipients in Nevada. Las Vegas is a frequent recipient city, with additional Nevada grants going to Reno and Boulder City.
Yes. One recent grant went to University of Chicago for the Kenneth S. Polonsky Scholarship. The foundation also made a $735,000 economics endowment gift to College of William and Mary, showing support for higher education in more than one form.
2025
Source: IRS Form 990-PF, fiscal year 2025.
| 1 |
| $50K |
2.7% |
Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| RAND CORPORATION | SANTA MONICA, CA | $1,000,000 | 2025 | GENERAL FUND |
| COLLEGE OF WILLIAM AND MARY | HARLAN, IA | $735,000 | 2025 | ECONOMICS ENDOWMENT |
| CLEVELAND CLINIC FOUNDATION | CLEVELAND, OH | $500,000 | 2025 | ENDOWMENT |
| NATIONAL DEFENSE UNIVERSITY FOUNDATION | FORT MCNAIR, DC | $450,000 | 2025 | GENERAL FUND |
| EAT REAL | SAN FRANCISCO, CA | $250,000 | 2025 | GENERAL FUND |
| BIG GREEN | BROOMFIELD, CO | $100,000 | 2025 | GENERAL FUND |
| NEVADA HAND INC | LAS VEGAS, NV | $81,000 | 2025 | GENERAL FUND |
| THE FIELD MUSEUM | CHICAGO, IL | $75,000 | 2025 | GENERAL FUND |
| BUSINESS EXECUTIVES FOR NATIONAL SECURITY | WASHINGTON, DC | $75,000 | 2025 | GENERAL FUND |
| ST JUDES RANCH | BOULDER CITY, NV | $50,000 | 2025 | GENERAL FUND |
| MARINE CORPS SCHOLARSHIP FOUNDATION | ALEXANDRIA, VA | $50,000 | 2025 | GENERAL FUND |
| CHINESE AMERICAN SERVICE LEAGUE | CHICAGO, IL | $50,000 | 2025 | GENERAL FUND |
| Illinois Holocaust Museum & Education Center | SKOKIE, IL | $40,000 | 2025 | GENERAL FUND |
| ASIAN COMMUNITY DEVELOPMENT COUNCIL | LAS VEGAS, NV | $25,000 | 2025 | GENERAL FUND |
| UNIVERSITY OF CHICAGO | CHICAGO, IL | $25,000 | 2025 | KENNETH S. POLONSKY SCHOLARSHIP |
| CROHN'S & COLITIS FOUNDATION | LAS VEGAS, NV | $25,000 | 2025 | GENERAL FUND |
| HABITAT FOR HUMANITY | LAS VEGAS, NV | $20,000 | 2025 | GENERAL FUND |
| NEVADA PUBLIC RADIO | LAS VEGAS, NV | $20,000 | 2025 | GENERAL FUND |
| NEVADA TOMORROW DBA TRUCKEE MEADOWS TOMORROW | RENO, NV | $20,000 | 2025 | GENERAL FUND |
| AFTER SCHOOL ALL STARS | LAS VEGAS, NV | $15,000 | 2025 | GENERAL FUND |
| TOURO UNIVERSITY | HENDERSON, NV | $15,000 | 2025 | GENERAL FUND |
| COMMUNITIES IN SCHOOLS NEVADA | LAS VEGAS, NV | $10,000 | 2025 | GENERAL FUND |
| ONE DROP FOUNDATION | LAS VEGAS, NV | $1,000 | 2025 | GENERAL FUND |
| NEVADA HAND INC | LAS VEGAS, NV | $116,068 | 2024 | GENERAL FUND |
| BLUE SPHERE FOUNDATION INC | NEW YORK, NY | $100,000 | 2024 | GENERAL FUND |
| DITCHLEY FOUNDATION | ENSTONE, OX | $50,000 | 2024 | GENERAL FUND |
| NEVADA PUBLIC RADIO | LAS VEGAS, NV | $48,000 | 2024 | GENERAL FUND |
| THE FIELD MUSEUM | CHICAGO, IL | $25,000 | 2024 | GENERAL FUND |
| Kenny Guinn Center for Policy Priorities | RENO, NV | $25,000 | 2024 | GENERAL FUND |
| ASIAN COMMUNITY DEVELOPMENT COUNCIL | LAS VEGAS, NV | $25,000 | 2024 | GENERAL FUND |
| Misericordia Foundation | CHICAGO, IL | $25,000 | 2024 | GENERAL FUND |
| GREATLER LAS VEGAS INNER CITY GAMES | LAS VEGAS, NV | $20,000 | 2024 | GENERAL FUND |
| Illinois Holocaust Museum & Education Center | SKOKIE, IL | $15,000 | 2024 | GENERAL FUND |
| Core Powered by the Rogers | LAS VEGAS, NV | $15,000 | 2024 | GENERAL FUND |
| Mumzys Children Relief Foundation | LE ROY, IL | $10,000 | 2024 | GENERAL FUND |
| The World War II Foundation | WAKEFIELD, RI | $10,000 | 2024 | GENERAL FUND |
| UNIVERSITY OF CHICAGO | CHICAGO, IL | $550,000 | 2023 | GENERAL FUND |
RAND CORPORATION
$1,000,000GENERAL FUND
COLLEGE OF WILLIAM AND MARY
$735,000ECONOMICS ENDOWMENT
NATIONAL DEFENSE UNIVERSITY FOUNDATION
$450,000GENERAL FUND
EAT REAL
$250,000GENERAL FUND
BIG GREEN
$100,000GENERAL FUND
NEVADA HAND INC
$81,000GENERAL FUND
ST JUDES RANCH
$50,000GENERAL FUND
MARINE CORPS SCHOLARSHIP FOUNDATION
$50,000GENERAL FUND
Illinois Holocaust Museum & Education Center
$40,000GENERAL FUND
CROHN'S & COLITIS FOUNDATION
$25,000GENERAL FUND
HABITAT FOR HUMANITY
$20,000GENERAL FUND
NEVADA TOMORROW DBA TRUCKEE MEADOWS TOMORROW
$20,000GENERAL FUND
AFTER SCHOOL ALL STARS
$15,000GENERAL FUND
TOURO UNIVERSITY
$15,000GENERAL FUND
ONE DROP FOUNDATION
$1,000GENERAL FUND
NEVADA HAND INC
$116,068GENERAL FUND
BLUE SPHERE FOUNDATION INC
$100,000GENERAL FUND
DITCHLEY FOUNDATION
$50,000GENERAL FUND
Kenny Guinn Center for Policy Priorities
$25,000GENERAL FUND
GREATLER LAS VEGAS INNER CITY GAMES
$20,000GENERAL FUND
Illinois Holocaust Museum & Education Center
$15,000GENERAL FUND
Core Powered by the Rogers
$15,000GENERAL FUND
Mumzys Children Relief Foundation
$10,000GENERAL FUND
The World War II Foundation
$10,000GENERAL FUND