Cyrus Tang (Chinese: 唐仲英; pinyin: Táng Zhòngyīng; August 9, 1930 in Suzhou, China – 23 June 2018)[1][2] was a Chinese American businessman and philanthropist who had holdings across a wide array of industries, including steel, aluminum, technology, and life sciences.[3]
He arrived in the United States in 1950 from Hong Kong to study at Penn Military Academy (now Widener University) before eventually relocating to Chicago, Illinois. In 1964, he founded his first wholly owned company, National Material, a steel processing and distribution company. A prolific entrepreneur, over the next several decades, he would go on to found and acquire over 150 companies. Today, the privately-held Tang group of companies is a multi-billion dollar enterprise with over 40 facilities throughout North and South America and Asia.
Philanthropyedit
His philanthropic efforts in the United States and China centered around support for public policy, community development, education and healthcare. In a rare interview about his philanthropy, he said he deliberately employed a strategy of using philanthropy to inspire charitable impulses in others.[4] As of 2018, he had given more than 100,000 scholarships to students in China with the stipulation that they reciprocate through community service. The experience transformed many of them from “feeling sorry for themselves to wondering what they can do to help others,” he told the Los Angeles Times in 2008. Education was one of the key factors that motivated Mr. Tang’s giving. “I believe success in life is not based on assets gained or knowledge acquired,” Tang said in the interview. “It is how we make use of what we have to contribute to society.”
His philanthropic efforts resulted in the establishment of three foundations – the Cyrus Tang Foundation, the Cyrus and Michael Tang Foundation, and the Tang Foundation for Research of Traditional Chinese Medicines. Notable projects funded by these three foundations include support for scholarships to middle school, high school and college Chinese students; the building of schools and a hospital in China; a U.S.-China institute at the RAND Corporation; the Tang Center for Herbal Medicine Research at the University of Chicago, grants for research to the Asian Pacific American Legal Center,[4] and the Cyrus Tang Hall of China at the Field Museum of Natural History.[5]
cyrus, tang, chinese, 唐仲英, pinyin, táng, zhòngyīng, august, 1930, suzhou, china, june, 2018, chinese, american, businessman, philanthropist, holdings, across, wide, array, industries, including, steel, aluminum, technology, life, sciences, contents, early, lif. Cyrus Tang Chinese 唐仲英 pinyin Tang Zhongying August 9 1930 in Suzhou China 23 June 2018 1 2 was a Chinese American businessman and philanthropist who had holdings across a wide array of industries including steel aluminum technology and life sciences 3 Contents 1 Early life 2 Philanthropy 3 References 4 External linksEarly life editHe arrived in the United States in 1950 from Hong Kong to study at Penn Military Academy now Widener University before eventually relocating to Chicago Illinois In 1964 he founded his first wholly owned company National Material a steel processing and distribution company A prolific entrepreneur over the next several decades he would go on to found and acquire over 150 companies Today the privately held Tang group of companies is a multi billion dollar enterprise with over 40 facilities throughout North and South America and Asia Philanthropy editHis philanthropic efforts in the United States and China centered around support for public policy community development education and healthcare In a rare interview about his philanthropy he said he deliberately employed a strategy of using philanthropy to inspire charitable impulses in others 4 As of 2018 he had given more than 100 000 scholarships to students in China with the stipulation that they reciprocate through community service The experience transformed many of them from feeling sorry for themselves to wondering what they can do to help others he told the Los Angeles Times in 2008 Education was one of the key factors that motivated Mr Tang s giving I believe success in life is not based on assets gained or knowledge acquired Tang said in the interview It is how we make use of what we have to contribute to society His philanthropic efforts resulted in the establishment of three foundations the Cyrus Tang Foundation the Cyrus and Michael Tang Foundation and the Tang Foundation for Research of Traditional Chinese Medicines Notable projects funded by these three foundations include support for scholarships to middle school high school and college Chinese students the building of schools and a hospital in China a U S China institute at the RAND Corporation the Tang Center for Herbal Medicine Research at the University of Chicago grants for research to the Asian Pacific American Legal Center 4 and the Cyrus Tang Hall of China at the Field Museum of Natural History 5 References edit Cyrus Tang Foundation www cyrustangfoundation org 讣告 in Chinese The Global Chinese Philanthropy Initiative a b Watanabe Teresa 15 June 2008 He gives to stir charity in others via LA Times Johnson Steve Cyrus Tang Hall of China opens at Field Museum New tech ancient stories Chicago Tribune External links editCyrus Tang Foundation website 1 Retrieved from https en wikipedia org w index php title Cyrus Tang amp oldid 1176944042, wikipedia, wiki, book, books, library,
