Nonprofit · EIN 87-1181099
OLSEN AND TANG FAMILY FOUNDATION
Tax-exempt · SCOTTSDALE, AZ 85251
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $84,757 | $42,594 | $42,163 | $373,008 | $0 | $373,008 |
| December 31, 2024 | 990-PF | $184,063 | $55,602 | $128,461 | $330,845 | $0 | $330,845 |
| December 31, 2023 | 990-PF | $104,221 | $27,089 | $77,132 | $202,384 | $0 | $202,384 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $10,723
- Net gain from sales of assets
- $74,034
Expenses
- Grants and similar amounts paid
- $35,000
- Disbursements for charitable purposes
- $35,000
- Excise tax on investment income
- $1,178
Balance sheet and other
- Total assets, start of year
- $330,845
- Total assets, end of year
- $373,008
- Total liabilities, end of year
- $0
- Net assets, end of year
- $373,008
- Fair market value of assets
- $520,123
- Qualifying distributions
- $35,000
- Net investment income
- $84,757
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WANDA TANG 3707 N MARSHALL WAY 4, SCOTTSDALE, AZ 85251 | Director | 0 | $0 |
| WILLIAM R OLSEN 3707 N MARSHALL WAY 4, SCOTTSDALE, AZ 85251 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WANDA TANG 3707 N MARSHALL WAY 4, SCOTTSDALE, AZ 85251 | Director | 0 | $0 |
| WILLIAM R OLSEN 3707 N MARSHALL WAY 4, SCOTTSDALE, AZ 85251 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WANDA TANG 7515 E 1ST STREET, SCOTTSDALE, AZ 85251 | Director | 0 | $0 |
| WILLIAM R OLSEN 7515 E 1ST STREET, SCOTTSDALE, AZ 85251 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3707 N MARSHALL WAY UNIT 4, SCOTTSDALE, AZ 85251-5590
- Signed the 990-PF
- WANDA TANG, Director
- Phone
- (602) 553-0202
- Return prepared by
- HARVEY TANG LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-1181099
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $373,008
- Income (IRS master file)
- $163,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $84,757 | $42,594 | $373,008 | IRS |
| 990-PF | December 2024 | $184,063 | $55,602 | $330,845 | IRS |
| 990-PF | December 2023 | $104,221 | $27,089 | $202,384 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1181099).
Questions about OLSEN AND TANG FAMILY FOUNDATION
- What is the EIN of OLSEN AND TANG FAMILY FOUNDATION?
- The employer identification number (EIN) of OLSEN AND TANG FAMILY FOUNDATION is 87-1181099.
- Is OLSEN AND TANG FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to OLSEN AND TANG FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OLSEN AND TANG FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OLSEN AND TANG FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLSEN AND TANG FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of OLSEN AND TANG FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does OLSEN AND TANG FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $84,757, expenses of $42,594 and total assets of $373,008 at year end.
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