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COSMIN PANAIT AND LILIAN YANG FOUNATION INC

NEW YORK, NY · EIN 861837259 · Form 990PF · FY2024 · NTEE Q12 · International Affairs · Micro (<$100K)
revenue
$17K
expenses
$8K
net assets
$547K
employees
profile · synthesized from sources

COSMIN PANAIT AND LILIAN YANG FOUNDATION INC is a private foundation based in New York that supports charitable causes through grants. The foundation funds a range of initiatives including education, child welfare, medical research, and community well-being, primarily by making grants to other nonprofit organizations and institutions.

named programs · 4 · from sources

What they call their work

Child Welfare Initiative
Supports organizations focused on preventing cruelty to children and promoting child safety and well-being.
Community Spaces Development
Funds the creation of playgrounds and recreational spaces for families.
Educational Support Grants
Provides funding to schools, universities, and educational foundations to support research, outreach, and academic growth.
Medical Research Funding
Grants to support research into life-saving illnesses and medical care for children.
activities · 5 groups

What they do

  • Community Foundation & United Way Support 1 activity
    • Funding broad-based charitable initiatives through intermediary foundations
      Supports general charitable goals in education, health, and well-being by funding intermediary grantmaking entities such as the DILLON YUSTI FOUNDATION.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding child well-being and protection programs
      Supports organizations focused on preventing cruelty to children and improving child welfare, including NYSPCC, with grants totaling $10,000 and additional funding to support their programs.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding educational and research initiatives at schools and universities
      Provides grants to support educational programs, research, and institutional development at schools and universities, including Claremont Prep School, Duke University, and the British Schools and Universities Foundation Inc. Total funding includes $350,000 to Duke University and $142,500 through a donor-advised fund for research and education.
  • Summer Camp Access Scholarships 1 activity
    • Funding family play spaces and recreational infrastructure
      Grants $105,000 total to COMPLETE PLAYGROUND INC to support the creation and development of family play spaces, including a $5,000 and a $100,000 grant.
  • General Operating Support Grants 1 activity
    • Funding medical research and care for life-saving illnesses
      Provides financial support to foundations conducting medical research and delivering care for life-threatening conditions, including grants of $7,500 and unspecified amounts to the GREGG RICHARDS FOUNDATION and the LUCOSKY BROOKMAN FOUNDATION.
financials · form 990PF · fy2024
revenue
Total revenue$17K
Contributions & grants
Program service revenue
Investment income$17K100%
Other revenue
expenses
Total expenses$8K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$828K
balance sheet
Total assets$547K
Cash
Investments
Liabilities
Net assets$547K
3 years on record · 2021–2024
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • DONNELL SUARES — DIRECTOR
  • LIANQING YANG — DIRECTOR
relationships · 8

Who they work with

  • BRITISH SCHOOLS AND UNIVERSITIES FOUNDATION INC Partner — Receives designated funding via donor-advised fund for research and educational needs.
  • CLAREMONT PREP ASSOCIATION Partner — Receives funding for educational and research needs at Claremont Prep School.
  • COMPLETE PLAYGROUND INC Partner — Receives grants for the creation of family play spaces.
  • DILLON YUSTI FOUNDATION Partner — Receives grant funding for educational, health, and well-being initiatives.
  • DUKE UNIVERSITY Partner — Receives grants for educational growth, research, outreach, and opportunities.
  • GREGG RICHARDS FOUNDATION Partner — Receives funding for the study of life-saving illnesses.
  • LUCOSKY BROOKMAN FOUNDATION Partner — Receives funding to support medical care for children.
  • NYSPCC Partner — Receives grants to support prevention of cruelty to children.