Jane And Tom Tang Foundation For Education Inc
- Assets
- $11.3m
- Revenue
- $329.2k
- Investments
- $9.9m
- Employees
- 0
- Location
- Maplewood, NJ
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 22-3693816
Organization Overview
Jane And Tom Tang Foundation For Education Inc is located in Maplewood, NJ. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jane And Tom Tang Foundation For Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Jane And Tom Tang Foundation For Education Inc generated $329.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (59.8%) each year. All expenses for the organization totaled $667.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Tang Trustee-Hours As Needed | 0 | $0 | |
Carl Schwartz Trustee-Hours As Needed | 0 | $0 | |
Edwin C Landis Jr Trustee-Hours As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $331,361 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,135 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $329,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,229 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $270,376 |
| Total operating and administrative expenses | $294,662 |
| Contributions, gifts, grants paid | $372,953 |
| Total expenses and disbursements | $667,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,424,060 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,338,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jane And Tom Tang Foundation For Education Inc has awarded $372,953 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ZHEJIANG UNIVERSITY PURPOSE: TO SUPPORT THE CONSTRUCTION OF THE YONGQIAN CHEMICAL ENGINEERING BUILDING | $350,000 |
UNIVERSITY OF MICHIGAN PURPOSE: TO PROVIDE A SCHOLARSHIP FOR A STUDENT'S 2021 TUITIONTO PROVIDE A SCHOLARSHIP FOR A STUDENT'S 2021 TUITION | $20,503 |
Notre Dame, IN PURPOSE: TO PROVIDE A SCHOLARSHIP FOR A STUDENT'S 2021 TUITION | $2,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |