Form 990 for tax year 2025
Filed by TANG FOUNDATION FOR THE RESEARCH OF TRADITIONAL CHINESE MEDICINE.
Totals
- Total revenue
- $221,158
- Total expenses
- $546,535
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $108,977
- Other revenue
- $112,181
- Total assets, end of year
- $2,604,270
- Total liabilities, end of year
- $23,890
- Net assets or fund balances, end of year
- $2,580,380
- Program services expenses (Part IX)
- $546,535
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $546,535
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $104,753 · excluded $104,753
-
7a · Gross sales of assets other than inventory
securities $4,224
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $4,224
-
7d · Net gain or loss
total $4,224 · excluded $4,224
-
11a · Other revenue: UNREALIZED GAIN
total $112,181 · excluded $112,181
-
11e · Other revenue, total
$112,181
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $88,000 · program services $88,000
-
23 · Insurance
total $24,759 · program services $24,759
-
24a · Other expenses: CONTRIBUTION EXPENSE
total $400,000 · program services $400,000
-
24b · Other expenses: PAYROLL TAXES
total $25,192 · program services $25,192
-
24c · Other expenses: MISC EXPENSE
total $7,729 · program services $7,729
-
24d · Other expenses: PAYROLL PROCESSING
total $855 · program services $855
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,741,491 · end of year $2,604,270
-
11 · Investments: publicly traded securities
beginning of year $167,098
-
17 · Accounts payable and accrued expenses
beginning of year $2,832 · end of year $23,890
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $2,905,757 · end of year $2,580,380
Mission and programs · 2025
Mission
CONDUCT INVESTIGATIONS, EXPERIMENTS AND STUDIES TO DISCOVER, DEVELOP AND VERIFY KNOWLEDGE RELATING TO TRADITIONAL CHINESE MEDICINE.
Activities or mission (Part I)
TO CONDUCT MEDICAL RESEARCH ON TRADITIONAL CHINESE MEDICINE
-
CONDUCT INVESTIGATIONS, EXPERIMENTS AND STUDIES TO DISCOVER, DEVELOP AND VERIFY KNOWLEDGE RELATING TO TRADITIONAL CHINESE MEDICINE.
Expenses $546,535
As filed on the 2025 return.
Listed in Part VII
-
Michael TangMICHAEL TANG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Vytas AmbutasVYTAS AMBUTAS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 19 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622319349300912
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