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Kevin C Tang Foundation at a glance

· Private foundation

Kevin C Tang Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$5.4M
Granted FY2018
16
Grants FY2018
6
States reached
$1.6M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

Read this first · the figures below need context

100% of Kevin C Tang Foundation’s FY2020 grant dollars went to National Philanthropic Trust, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2020 names 0 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2018, the last year Kevin C Tang Foundation named its own grantees at scale: 12 organizations, $5M. It is dated, not current.

Organizations named directly on the return

25
’17
12
’18
4
’19
0
’20

Amber years are those where most dollars went to a sponsor.

01What it funds
0193% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2020.

Philanthropy$6.4MHealth$3.5MEducation$2.9MArts & Culture$1.4MScience & Tech$1.1MEnvironment$53kCommunity Improvement$11kHousing & Shelter$10kOther$0
02FY2018 · 16 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2018

  • Under $10k7 grants · $21k
  • $10k–50k1 grant · $27k
  • $50k–250k4 grants · $276k
  • $250k+4 grants · $5.1M
$52,097
Median grant
6
States reached
$29M
Total assets
Largest grants
RecipientAmount
RECTORY SCHOOL$1,618,472
NEW YORK PHILHARMONIC$1,174,277
THE PREUSS SCHOOL$1,145,600
THE SALK INSTITUTE FOR BIOLOGICAL STUDIES$1,144,800
OMOMUKI FOUNDATION INC$108,297
SUSAN G KOMEN$61,882
GORDON PARKS FOUNDATION$53,229
Individual grant recipient$52,097
CHILDREN'S BRAIN TUMOR FOUNDATION$27,008
SUSAN G KOMEN$8,369
ST BONAVENTURE HIGH SCHOOL$5,000
HORIZON PREP$5,000
CONNECTICUT PUBLIC BROADCASTING$1,500
Individual grant recipient$600
AMERICAN SOCIETY OF HEMATOLOGY$250
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–19, $533k) land where the poverty rate runs at 10%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%HORIZONS FOR HOMELESS CHILDREN: $200 → 16%QUANTUM LEAP HEALTHCARE COLLABORATIVE: $518k → 10%THE GILLISPIE SCHOOL: $15k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MN
NY
MA
PA
NJ
CT
CA
NE
VA
AR
DC
GA
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

23%of every dollar goes to organizations it has funded before.
$2.1M · 5 repeat orgs$7.1M to everyone else

5 repeat relationships: 5 still active in FY2018, 0 since wound down; 12 grantees were first funded in FY2018 (too recent to call). Read against FY2018, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.

How the two cohorts compare

Re-uppedFunded once

Organizations

5
32

Total granted

$2.1M
$2.8M

Median revenue growth · since first grant

+56%
+78%

Still filing today

80%
63%

New vs renewed · share of each year

In FY2019, 9% of grant dollars renewed an existing relationship; $723k went to new ones.

50%100%’17’18’19
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19
HealthArts & CultureEducationHuman ServicesPhilanthropyEnvironmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TR
    THE RECTORY SCHOOL INC
    2× · 2017–2018 · $1.7M · revenue +56%
  • MF
    MESERVE-KUNHARDT FOUNDATION
    2× · 2017–2018 · $214k · revenue +57%
  • TS
    The Susan G Komen Breast Cancer Foundation Inc
    2× · 2018–2019 · $130k · revenue +34%

Funded once

  • SG
    SUSAN G KOMEN
    one grant, 2017 · $2.5M
  • RC
    RADY CHILDREN'S HOSPITAL SAN DIEGOgraduated
    one grant, 2017 · $53k · revenue +60%
  • ENVIRONMENTAL DEFENSE FUND INCORPORATEDgraduated
    one grant, 2017 · $53k · revenue +202%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Northeast College of Health Sciences

Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

Education
2
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
3
Society for Neuroscience

Sfn's mission is to: 1. advance the understanding of the brain and the nervous system by bringing together scientists of all segments of neuroscience, by facilitating the integration of research directed at all levels of biological…

Health
4
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
5
Npr Foundation

The npr foundation ("foundation") is organized and operated exclusively for the benefit of its sole supported organization, national public radio, inc. ("npr inc."). the foundation supports npr inc. through various activities such as…

—
6
Neurology Associates of Stony Brook University Faculty Practice Corp

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
7
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
8
Federation of State Medical Boards of the United States Inc

The fsmb serves as the voice for state medical boards, supporting them through education, assessment, research and advocacy while providing services and initiatives that promote patient safety, quality health care and regulatory best…

Health
9
City of Hope

City of Hope's mission is to make hope a reality for all touched by cancer and diabetes. PLEASE SEE SCHEDULE O FOR A CONTINUATION OF OUR MISSION

Health
10
Ucsf Foundation Investment Company

The organization provides professional investment management services for endowed gifts and financial assets entrusted to the ucsf foundation.

Education
11
Stony Brook Childrens Services University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
12
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
How this is measured
The grantee most central to the portfolio’s shape is National Philanthropic Trust; the most unlike its peers is Omomuki Foundation Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

35 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 35 of the 52 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
6
Early backer (in before they grew)
35/35
Grantees still filing
28/35
Grew since first funded

Where the money sits, by cause and then by grantee

NATIONAL PHILANTHROPIC TRUST: $6,257,948 · PhilanthropyNATIONAL PHILANTHROPIC TRUST+4 more: $114,801 · PhilanthropySUSAN G KOMEN: $2,467,056 · OtherSUSAN G KOMENTHE PREUSS SCHOOL: $1,145,600 · OtherTHE PREUSS SCHOOL+20 more: $167,983 · OtherTHE RECTORY SCHOOL INC: $1,671,504 · EducationTHE RECTORY …+3 more: $61,679 · EducationTHE PHILHARMONIC SYMPHONY SOCIETY OF NY INC: $1,174,277 · Arts & CultureTHE PHILHA…MESERVE-KUNHARDT FOUNDATION: $213,647 · Arts & CultureMESERVE-KU…+3 more: $17,500 · Arts & CultureThe Salk Institute for Biological Studies: $1,144,800 · Science & TechCONQUER CANCER FOUNDATION OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY: $204,525 · HealthThe Susan G Komen Breast Cancer Foundation Inc: $129,576 · HealthCHILDREN'S BRAIN TUMOR FOUNDATION INC: $110,350 · HealthRADY CHILDREN'S HOSPITAL SAN DIEGO: $53,032 · HealthPROJECT SUNSHINE INC: $27,140 · HealthSharp Healthcare: $27,140 · Health+6 more: $2,253 · HealthQUANTUM LEAP HEALTHCARE COLLABORATIVE: $518,130 · Human Services+2 more: $15,200 · Human Services
Philanthropy$6,372,749Other$3,780,639Education$1,733,183Arts & Culture$1,405,424Science & Tech$1,144,800Health$554,016Human Services$533,330

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetNATIONAL PHILANTHROPIC TRUST: $6,257,948 over 1y, 0.1% of budgetTHE RECTORY SCHOOL INC: $1,671,504 over 2y, 9.2% of budgetTHE PHILHARMONIC SYMPHONY SOCIETY OF NY INC: $1,174,277 over 1y, 1.3% of budgetThe Salk Institute for Biological Studies: $1,144,800 over 1y, 0.8% of budgetQUANTUM LEAP HEALTHCARE COLLABORATIVE: $518,130 over 1y, 3.4% of budgetCONQUER CANCER FOUNDATION OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY: $204,525 over 1y, 0.7% of budgetThe Susan G Komen Breast Cancer Foundation Inc: $129,576 over 2y, 0.1% of budgetCHILDREN'S BRAIN TUMOR FOUNDATION INC: $110,350 over 3y, 4.6% of budgetOMOMUKI FOUNDATION INC: $108,297 over 1y, 20% of budgetRADY CHILDREN'S HOSPITAL SAN DIEGO: $53,032 over 1y, 0.0% of budgetENVIRONMENTAL DEFENSE FUND INCORPORATED: $53,032 over 1y, 0.0% of budgetUC SAN DIEGO FOUNDATION: $53,032 over 1y, 0.0% of budgetPROJECT SUNSHINE INC: $27,140 over 1y, 0.8% of budgetSharp Healthcare: $27,140 over 1y, 0.0% of budgetTHE GILLISPIE SCHOOL: $15,000 over 1y, 0.3% of budgetMONARCH SCHOOL PROJECT: $8,147 over 1y, 0.2% of budgetNATL CHRISTIAN CHARITABLE FDN INC: $5,432 over 1y, 0.0% of budgetMONDAYS AT RACINE INC: $5,000 over 1y, 2.5% of budgetCONNECTICUT FOODSHARE INC: $2,200 over 1y, 0.0% of budgetCONNECTICUT PUBLIC BROADCASTING INC: $1,500 over 1y, 0.0% of budgetCURE FOR IBD INC: $1,200 over 1y, 0.4% of budgetGUILFORD COMMUNITY FUND: $1,000 over 1y, 0.6% of budgetTHE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS: $1,000 over 1y, 0.1% of budgetFRIENDS OF THE GUILFORD FREE LIBRARY: $500 over 1y, 0.4% of budgetChildren's Hospital Los Angeles: $250 over 1y, 0.0% of budgetAMERICAN SOCIETY OF HEMATOLOGY INC: $250 over 1y, 0.0% of budgetAMERICAN FOUNDATION FOR SUICIDE PREVENTION: $250 over 1y, 0.0% of budgetLOWELL HUMANE SOCIETY: $250 over 1y, 0.0% of budgetMOMENTUM WHEELS FOR HUMANITY: $203 over 1y, 0.0% of budgetHORIZONS FOR HOMELESS CHILDREN: $200 over 1y, 0.0% of budgetCaringBridge: $100 over 1y, 0.0% of budgetCALIFORNIA COMMUNITY FOUNDATION: $72 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

AbbVie FoundationThe Pfizer Foundation…Morgan Stanley Global…Renaissance Charitabl…Vanguard Charitable E…American Endowment Fo…Charities Aid Foundat…National Philanthropi…American Online Givin…Paypal Charitable Giv…The Bank of America C…Donor Advised Charita…
AbbVie FoundationIL10.6× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: AbbVie Foundation · The Pfizer Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · Renaissance Charitable Foundation Inc · Vanguard Charitable Endowment Program · American Endowment Foundation · Charities Aid Foundation America · National Philanthropic Trust · American Online Giving Foundation Inc · Paypal Charitable Giving Fund · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Kevin C Tang Foundation funds: left to right is the share of its income from government, bottom to top the share from Kevin C Tang Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 40%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 5%
  • Horizons for Homeless Children: 21% of income from government
  • Connecticut Foodshare Inc: 5% of income from government
  • Connecticut Public Broadcasting Inc: 3% of income from government
  • The Rectory School Inc: 0% of income from government
no gov moneyreceives it· size = income
4get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 52 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2018, released 2018. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2018, the most recent year this funder made grants.

Source object · view filing

Play a game based on Kevin C Tang’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home