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Oscar Tang
Oscar L. Tang () is a Chinese-born American financier〔http://www.matr.net/article-51576.html〕 and low-profile billionaire who is notable as the first leading Chinese-American philanthropist for education and arts and culture, for which he was elected as a fellow of the American Academy of Arts and Sciences in 2005. According to published sources, it is believed that he has given away 200-250 millions to philanthropy.〔static.ow.ly/docs/power%20100_Y55.pdf〕 Among other recognitions for his philanthropy, Tang is an honoree of the Carnegie Corporation's "Great Immigrants: The Pride of America."〔http://greatimmigrants.carnegie.org/profile/oscar-tang/〕 Tang is known to be a significant donor to institutions such as the Metropolitan Museum of Art, the New York Philharmonic, Yale University,〔http://www.yale.edu/printer/bulletin/htmlfiles/architecture/endowment-and-term-funds.html〕 Skidmore College, the Vail Valley Foundation,〔http://www.vvf.org〕 the Dunhuang Foundation,〔http://dunhuangfoundation.us〕 the Gordon Parks Foundation,〔http://www.gordonparksfoundation.org〕 and other organizations. Tang has also contributed to other institutions including the Tang Center for Early China at Columbia University,〔http://ealac.columbia.edu/tang-center/〕 the Princeton University's P.Y. and Kinmay W. Tang Center for East Asian Art,〔http://www.princeton.edu/tang/about/〕 the Tang Center at MIT,〔http://www.gbcacm.org/venues/cambridge/mit-building-e51-tang-center.html〕 Duke University,〔https://chroniclevitae.com/jobs/0000795258-01〕 and Harvard University. In 2008, he gave $25 million to Phillips Academy in what was the school's largest ever single contribution.〔 In 2014, he donated an additional $15 million to Andover to establish the Tang Institute at Andover. Tang resides in New York City and Vail, Colorado with his wife. Tang was honored as Vail Valley's Citizen of the Year in 2004.
==Early years==
Tang was born in Shanghai, China, and his family fled from the country when the Communist revolution took over in 1949. He attended the St. Johnsbury Academy in Vermont, where he was the first Chinese student at the school. In 2013, he returned to St. Johnsbury as its Commencement Speaker.〔http://www.stjacademy.org/cf_enotify/view.cfm?n=724〕 He later enrolled at Phillips Academy in Andover as a tenth grader and graduated in 1956. His future wife, Frances Young, attended Andover's sister school, Abbot Academy, and she went on to Skidmore College. Tang's lifelong dedication to Andover as the largest donor in the school's history and a champion for education was profiled in a 2012 documentary called "An Andover Life".〔(An Andover Life ) documentary on Youtube〕
Tang was a member of Delta Kappa Epsilon at Yale University and received a Bachelor of Science degree. In 1960, Tang married Frances Young. Tang received an M.B.A degree from Harvard Business School. His wife graduated from Skidmore in 1961.
Tang's maternal grandfather was Wen Bingzhong 温秉忠 (1862-1938), one of the 120 young boys sent by the late Qing imperial court to study in America during the Chinese Education Mission established by China's first student to graduate from an American University (Yale), Yung Wing 容閎. Wen was the first Chinese to be documented in the Northampton, MA census in 1880. After his return to China, he later served as a high-level foreign service official.〔http://www.cemconnections.org/index.php?option=com_content&task=view&id=149#FN5〕 Tang's father was P. Y. Tang 唐炳源, a Boxer Indemnity Scholarship student at MIT who became one of the early civic and business leaders of post-1949 Hong Kong; he was also a leading philanthropist in education. He was widely respected for his business success and as a civic leader. Tang received many honors in his lifetime including Justice of the Peace and Order of the British Empire. He died in Hong Kong in 1971. Oscar Tang has talked about his family's roots in American education publicly and attributes his own experience and philanthropy to his family history.〔http://gate.sinovision.net:82/gate/big5/video.sinovision.net/?id=25668〕
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