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    <Timestamp>2012-11-14T13:41:58-00:00</Timestamp>
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    <PreparerFirm>
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        <BusinessNameLine1>Benlor Rivera CPAIL</BusinessNameLine1>
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        <AddressLine1>2335 Thayer Ave</AddressLine1>
        <City>Henderson</City>
        <State>NV</State>
        <ZIPCode>89074</ZIPCode>
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    <ReturnType>990PF</ReturnType>
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    <Filer>
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      <Name>
        <BusinessNameLine1>Chung Ying Tang Foundation</BusinessNameLine1>
      </Name>
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      <USAddress>
        <AddressLine1>8960 Spanish Ridge Avenue</AddressLine1>
        <City>Las Vegas</City>
        <State>NV</State>
        <ZIPCode>89148</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Vytas Ambutas</Name>
      <Title>SECRETARY</Title>
      <DateSigned>2012-11-14</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Benlor Rivera</Name>
      <Phone>7022155706</Phone>
      <DatePrepared>2012-11-14</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
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        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Suncor Energy Inc.</DescriptionOfAsset>
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        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Penn West Petroleum Ltd.</DescriptionOfAsset>
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        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
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        <BusinessHoldings>false</BusinessHoldings>
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        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
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        <GrantsToOrganizations>false</GrantsToOrganizations>
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      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Cyrus Tang</PersonName>
          <USAddress>
            <AddressLine1>8960 Spanish Ridge Ave</AddressLine1>
            <City>Las Vegas</City>
            <State>NV</State>
            <ZIPCode>89148</ZIPCode>
          </USAddress>
          <Title>President/Director</Title>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Stella Liang</PersonName>
          <USAddress>
            <AddressLine1>8960 Spanish Ridge Ave</AddressLine1>
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            <State>NV</State>
            <ZIPCode>89148</ZIPCode>
          </USAddress>
          <Title>Treasurer/Director</Title>
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          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Michael Tang</PersonName>
          <USAddress>
            <AddressLine1>1965 Pratt Blvd</AddressLine1>
            <City>Elk Grove Village</City>
            <State>IL</State>
            <ZIPCode>60007</ZIPCode>
          </USAddress>
          <Title>VP/Director</Title>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Vytas Ambutas</PersonName>
          <USAddress>
            <AddressLine1>1965 Pratt Blvd</AddressLine1>
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          <Title>Secretary</Title>
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          <Compensation>0</Compensation>
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      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>PUBLIC CHARITY - FOUNDATION DONATED FUNDS TO NORTHSHORE UNIVERSITY HEALTH SYSTEM</Description1>
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        <Description2>PUBLIC CHARITY - FOUNDATION DONATED FUNDS TO COMMITTEE OF 100</Description2>
        <Expenses2>30000</Expenses2>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
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      <SupplementaryInformation>
        <ContributingManager>CYRUS TANG</ContributingManager>
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            <State>NV</State>
            <ZIPCode>89148</ZIPCode>
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          <RecipientPhoneNumber>7027343700</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>Informal requests.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>None.</SubmissionDeadlines>
          <RestrictionsOnAwards>None</RestrictionsOnAwards>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
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          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>677 Fifth Ave 5th Floor</AddressLine1>
            <City>New York</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>Non profit</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Public charity</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NorthShore University</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1033 University Place Suite 450</AddressLine1>
            <City>Evanston</City>
            <State>IL</State>
            <ZIPCode>60201</ZIPCode>
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          <RecipientFoundationStatus>Non profit</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Pulic charity</PurposeOfGrantOrContribution>
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        </GrantOrContriPaidDuringYear>
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          <Description>Other income from Goldman Sachs</Description>
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        <TransferSchedule>
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        </TransferSchedule>
        <RelationshipsNoncharitableEOs>true</RelationshipsNoncharitableEOs>
        <RelationshipSchedule>
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        </RelationshipSchedule>
        <RelationshipSchedule>
          <NameOfOrganization>
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          </NameOfOrganization>
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    </IRS990PF>
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          <State>IL</State>
          <ZIPCode>60007</ZIPCode>
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      <ContributorInfo>
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        <ContributorNameIndividual>Tang Industries Inc</ContributorNameIndividual>
        <ContributorAddressUS>
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          <City>Las Vegas</City>
          <State>NV</State>
          <ZIPCode>89148</ZIPCode>
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      <ContributorInfo>
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        <ContributorNameIndividual>National Material Mexico</ContributorNameIndividual>
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          <City>Las Vegas</City>
          <State>NV</State>
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      <ContributorInfo>
        <ContributorNumber>0004</ContributorNumber>
        <ContributorNameIndividual>National Kwikmetal Service LP</ContributorNameIndividual>
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          <City>Des Plaines</City>
          <State>IL</State>
          <ZIPCode>60018</ZIPCode>
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      </ContributorInfo>
    </IRS990ScheduleB>
    <GeneralExplanationAttachment documentId="990PF:151" softwareId="11000218" softwareVersion="2011.0.0"></GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="990PF:90" softwareId="11000218" softwareVersion="2011.0.0">
      <InvestmentsCorpBonds>
        <NameOfBond>BONDS</NameOfBond>
        <EOYBookValue>330471</EOYBookValue>
        <EOYFMV>330471</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="990PF:89" softwareId="11000218" softwareVersion="2011.0.0">
      <InvestmentsCorpStock>
        <NameOfStock>PUBLICLY TRADED STOCK</NameOfStock>
        <EOYBookValue>10661338</EOYBookValue>
        <EOYFMV>10661338</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="990PF:161" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherDecreases>
        <Description>Decrease in FMV</Description>
        <Amount>302614</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="990PF:79" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherExpenses>
        <Description>FILING REGISTRATION FEES</Description>
        <RevenueAndExpensesPerBooks>65</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>65</NetInvestmentIncome>
        <DisbursementsCharitablePrps>65</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="990PF:74" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherIncome>
        <Description>Goldman Sachs interest</Description>
        <RevenueAndExpensesPerBooks>3000</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>3000</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <SubstantialContributorsSch documentId="990PF:93" softwareId="11000218" softwareVersion="2011.0.0">
      <SubstantialContributor>
        <BusinessName>
          <BusinessNameLine1>National Material LP</BusinessNameLine1>
        </BusinessName>
        <USAddress>
          <AddressLine1>1965 Pratt Blvd</AddressLine1>
          <City>Elk Grove Village</City>
          <State>IL</State>
          <ZIPCode>60007</ZIPCode>
        </USAddress>
      </SubstantialContributor>
      <SubstantialContributor>
        <BusinessName>
          <BusinessNameLine1>Tang Industries Inc</BusinessNameLine1>
        </BusinessName>
        <USAddress>
          <AddressLine1>8960 Spanish Ridge Ave</AddressLine1>
          <City>Las Vegas</City>
          <State>NV</State>
          <ZIPCode>89148</ZIPCode>
        </USAddress>
      </SubstantialContributor>
      <SubstantialContributor>
        <BusinessName>
          <BusinessNameLine1>National Material Mexico</BusinessNameLine1>
        </BusinessName>
        <USAddress>
          <AddressLine1>8960 Spanish Ridge Ave</AddressLine1>
          <City>Las vegas</City>
          <State>NV</State>
          <ZIPCode>89148</ZIPCode>
        </USAddress>
      </SubstantialContributor>
      <SubstantialContributor>
        <BusinessName>
          <BusinessNameLine1>National Kwikmetal LP</BusinessNameLine1>
        </BusinessName>
        <USAddress>
          <AddressLine1>560 Santa Rosa Dr</AddressLine1>
          <City>Des Plaines</City>
          <State>IL</State>
          <ZIPCode>60018</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="990PF:78" softwareId="11000218" softwareVersion="2011.0.0">
      <Taxes>
        <Category>Income tax</Category>
        <Amount>320</Amount>
        <NetInvestmentIncome>320</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>320</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Foreign tax withheld on dividends</Category>
        <Amount>1423</Amount>
        <NetInvestmentIncome>1423</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1423</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>