CYRUS AND MICHAEL TANG FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CYRUS AND MICHAEL TANG FOUNDATION (EIN 88-0485259)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201223199349100897
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T13:41:58-00:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Benlor Rivera CPAIL | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2335 Thayer Ave | AddressLine1 |
| City | Henderson | City |
| State | NV | State |
| ZIP Code | 89074 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 880485259 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chung Ying Tang Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHUN | NameControl |
| Phone | 7027343700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8960 Spanish Ridge Avenue | AddressLine1 |
| City | Las Vegas | City |
| State | NV | State |
| ZIP Code | 89148 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Vytas Ambutas | Name |
| Title | SECRETARY | Title |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Benlor Rivera | Name |
| Phone | 7022155706 | Phone |
| Date Prepared | 2012-11-14 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 10991809 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 1544570 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 95543 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 95543 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 25779 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 25779 | DividendsNetInvstIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 3000 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 3000 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 1668892 | TotalRevenueAndExpenses |
| Total Net Investment Income | 124322 | TotalNetInvestmentIncome |
| Taxes Rev And Expnss | 1743 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 1743 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 1743 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 65 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 65 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 65 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1808 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 1808 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 1808 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 280000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 280000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 281808 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 1808 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 281808 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 1387084 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 122514 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investments Corp Stock BOY | 9893056 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 10661338 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 10661338 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 14283 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 330471 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 330471 | InvestmentsCorpBondsEOYFMV |
| Total Assets BOY | 9907339 | TotalAssetsBOY |
| Total Assets EOY | 10991809 | TotalAssetsEOY |
| Total Assets EOYFMV | 10991809 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Retained Earnings BOY | 9907339 | RetainedEarningsBOY |
| Retained Earnings EOY | 10991809 | RetainedEarningsEOY |
| Total Net Assets BOY | 9907339 | TotalNetAssetsBOY |
| Total Net Assets EOY | 10991809 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 9907339 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 10991809 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 9907339 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 1387084 | ExcessOfRevenueOverExpenses |
| Subtotal | 11294423 | Subtotal |
| Other Decreases | 302614 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 10991809 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| Canadian Natural Resources | P | 2011-02-11 | 2011-08-26 | 246661 | 309235 | -62574 | -62574 |
| Suncor Energy Inc. | P | 2011-02-11 | 2011-08-26 | 221248 | 298863 | -77615 | -77615 |
| Penn West Petroleum Ltd. | P | 2006-12-04 | 2011-08-26 | 132091 | 236135 | -104044 | -104044 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -244233 | CapitalGainNetIncome |
| Net Short Term Capital Gain Or Loss | -140189 | NetShortTermCapitalGainOrLoss |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions Year1 | 459903 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 9292285 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 000.049493 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 104987 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 8963702 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 000.011712 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1855432 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 10303837 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 000.180072 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 2581333 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 10576484 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 000.244063 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 197484 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 8387261 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 000.023546 | DistributionRatioYear5 |
| Total Distribution Ratio | 000.508886 | TotalDistributionRatio |
| Average Distribution Ratio | 000.101777 | AverageDistributionRatio |
| Net Noncharitable Assets | 9789258 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 996321 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 1225 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 997546 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 281808 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 2450 | InvestmentIncomeExciseTax |
| Subtotal | 2450 | Subtotal |
| Tax Based On Investment Income | 2450 | TaxBasedOnInvestmentIncome |
| Penalty For Underpayment | 44 | PenaltyForUnderpayment |
| Tax Due | 2494 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NV | StatesFiledWith |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Books In Care Of Person Name | Benlor Rivera | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 7022155706 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8960 Spanish Ridge Avenue | AddressLine1 |
| City | Las Vegas | City |
| State | NV | State |
| ZIP Code | 89148 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| Cyrus Tang | ||||||
| 8960 Spanish Ridge Ave | Las Vegas | NV | 89148 | President/Director | 001.00 | 0 |
| Stella Liang | ||||||
| 8960 Spanish Ridge Ave | Las Vegas | NV | 89148 | Treasurer/Director | 002.00 | 0 |
| Michael Tang | ||||||
| 1965 Pratt Blvd | Elk Grove Village | IL | 60007 | VP/Director | 002.00 | 0 |
| Vytas Ambutas | ||||||
| 1965 Pratt Blvd | Elk Grove Village | IL | 60007 | Secretary | 002.00 | 0 |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PUBLIC CHARITY - FOUNDATION DONATED FUNDS TO NORTHSHORE UNIVERSITY HEALTH SYSTEM | Description1 |
| Expenses1 | 250000 | Expenses1 |
| Description2 | PUBLIC CHARITY - FOUNDATION DONATED FUNDS TO COMMITTEE OF 100 | Description2 |
| Expenses2 | 30000 | Expenses2 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 9938333 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 9938333 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 9938333 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 149075 | CashDeemedCharitable |
| Net Noncharitable Assets | 9789258 | NetNoncharitableAssets |
| Minimum Investment Return | 489463 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 489463 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 2450 | TaxBasedOnInvestmentIncome |
| Total Tax | 2450 | TotalTax |
| Distributable Amount Before Adj | 487013 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 487013 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 487013 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 281808 | ExpensesAndContributions |
| Qualifying Distributions | 281808 | QualifyingDistributions |
| Adj Qualifying Distributions | 281808 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 487013 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year4 | 1410530 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 1347313 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year1 | 459903 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 3217746 | TotalExcessDistriCarryover |
| Qualifying Distributions | 281808 | QualifyingDistributions |
| Applied To Current Year | 281808 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 205205 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 205205 | ExcessDistriCyovAppliedCY |
| Total Corpus | 3012541 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 3012541 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 1205325 | ExcessFromYear4 |
| Excess From Year3 | 1347313 | ExcessFromYear3 |
| Excess From Year1 | 459903 | ExcessFromYear1 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CYRUS TANG | ContributingManager |
| Shareholder Manager | NONE | ShareholderManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | STELLA LIANG | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8960 SPANISH RIDGE AVE | AddressLine1 |
| City | LAS VEGAS | City |
| State | NV | State |
| ZIP Code | 89148 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 7027343700 | RecipientPhoneNumber |
| Form And Info And Materials | Informal requests. | FormAndInfoAndMaterials |
| Submission Deadlines | None. | SubmissionDeadlines |
| Restrictions On Awards | None | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| Committe of 100 | ||||||
| 677 Fifth Ave 5th Floor | New York | NY | 10022 | Non profit | Public charity | $30,000 |
| NorthShore University | ||||||
| 1033 University Place Suite 450 | Evanston | IL | 60201 | Non profit | Pulic charity | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 280000 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $95,543 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $25,779 | ExclusionAmount |
Net Rental Incm Personal Property NetRentalIncmPersonalProperty
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other income from Goldman Sachs | Description |
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $3,000 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $124,322 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 124322 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | true | SharingOfFacilitiesEtc |
Transfer Schedule TransferSchedule (2 entries)
| Line NumberLineNumber | Amount InvolvedAmountInvolved | Description Of Transfers EtcDescriptionOfTransfersEtc |
|---|---|---|
| TANG INDUSTRIES INC | ||
| 1c | 6000 | PROVIDES FREE OFFICE |
| (no name) | ||
| SPACE, ACCOUNTING & TAX SERVICES | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Noncharitable E Os | true | RelationshipsNoncharitableEOs |
Relationship Schedule RelationshipSchedule (2 entries)
| Type Of OrganizationTypeOfOrganization | Description Of RelationshipDescriptionOfRelationship |
|---|---|
| CYRUS TANG FOUNDATION | |
| NON PROFIT | COMMOM COVERNING BODIES & OFFICE |
| TANG FOUNDATION FOR THE RESERACH | |
| NON PROFIT | COMMOM GOVERNING BODIES & OFFICE |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (4 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 0001 | National Material LP | 1965 Pratt Bld | Elk Grove Village | IL | 60007 | 1334000 | X |
| 0002 | Tang Industries Inc | 8960 Spanish Ridge Ave | Las Vegas | NV | 89148 | 169560 | X |
| 0003 | National Material Mexico | 8960 Spanish Ridge Ave | Las Vegas | NV | 89148 | 32260 | X |
| 0004 | National Kwikmetal Service LP | 560 Santa Rosa Drive | Des Plaines | IL | 60018 | 8750 | X |
General Explanation Attachment GeneralExplanationAttachment
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | BONDS | NameOfBond |
| EOY Book Value | 330471 | EOYBookValue |
| EOYFMV | 330471 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | PUBLICLY TRADED STOCK | NameOfStock |
| EOY Book Value | 10661338 | EOYBookValue |
| EOYFMV | 10661338 | EOYFMV |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Decrease in FMV | Description |
| Amount | $302,614 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FILING REGISTRATION FEES | Description |
| Revenue And Expenses Per Books | 65 | RevenueAndExpensesPerBooks |
| Net Investment Income | 65 | NetInvestmentIncome |
| Disbursements Charitable Prps | 65 | DisbursementsCharitablePrps |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Goldman Sachs interest | Description |
| Revenue And Expenses Per Books | 3000 | RevenueAndExpensesPerBooks |
| Net Investment Income | 3000 | NetInvestmentIncome |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode |
|---|---|---|---|
| National Material LP | |||
| 1965 Pratt Blvd | Elk Grove Village | IL | 60007 |
| Tang Industries Inc | |||
| 8960 Spanish Ridge Ave | Las Vegas | NV | 89148 |
| National Material Mexico | |||
| 8960 Spanish Ridge Ave | Las vegas | NV | 89148 |
| National Kwikmetal LP | |||
| 560 Santa Rosa Dr | Des Plaines | IL | 60018 |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| Income tax | $320 | 320 | 0 | 320 |
| Foreign tax withheld on dividends | $1,423 | 1423 | 0 | 1423 |