New York · Nonprofit
Asia Initiatives
Asia Initiatives (New York) receives grants from 32 organizations whose IRS filings report $2,481,007 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,126,300). 16 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $753k
- Funders on record
- 32
- Grants received
- $2.5M
- Net assets
- $1.2M
What Asia Initiatives does
Mission
To leverage the power of social capital to promote health care, education and sustainable development, striving to bring positive change in the quality of life in people in underserved communities. With particular focus on women and their families, our initiatives utilize transformative methodologies to empower people to realize their full potential.
As stated on its FY2024 Form 990.
Program
Thanks to the unwavering support of our partners and communities, we catapulted our flagship Cascades of Learning initiative from 14 to 214 government schools in Bihar, and from 10 to 50 schools in Madhya Pradesh, India. In both cases, local governments in India, impressed by our results, invited us to collaborate on district-wide implementation to scale up to unprecedented levels. Additionally, in our Organic Kitchen Gardens program in Maharashtra, India we went from supporting 3,000 women to 5,000 women in growing their own gardens and being able to supply food for themselves and their family.
$598,416 spentof which $107,478 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $598,416.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $741k to $971k (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
107% of Asia Initiatives’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 16 funders, grant income rose $2k → $417k.
13 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Asia Initiatives’s funders (the co-funder graph). Top 30 of 32 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Asia Initiatives leans on a few funders — its largest provides 45% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
71% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Asia Initiatives.
Largest funder’s share by year: 2017 57% · 2018 66% · 2019 67% · 2020 63% · 2021 40% · 2022 53% · 2023 38% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of Asia Initiatives's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
63% of Asia Initiatives's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $927k that is directly attributable, 66% of it comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Asia Initiatives holds deeper cash reserves than three-quarters of the 21,648 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,648 human services nonprofits $100k–$1M, FY2024
Organizations like Asia Initiatives
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Asia Initiatives: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Asia Initiatives?
- Asia Initiatives (New York) receives grants from 32 organizations whose IRS filings report $2,481,007 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,126,300). 16 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Asia Initiatives have?
- IRS filings report 32 organizations giving $2,481,007 in grants to Asia Initiatives, 16 of which have funded it in more than one year.
- Who is the largest funder of Asia Initiatives?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,126,300 in grants. The full list of funders is on this page.
- How can an organization like Asia Initiatives find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 32 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing