California · Nonprofit
ASIAN AMERICAN FUTURES
ASIAN AMERICAN FUTURES (California) receives grants from 34 organizations whose IRS filings report $9,748,661 to it, the largest being EVELYN AND WALTER HAAS JR FUND ($1,261,500). 17 of them have funded it in more than one year.
- Revenue FY2024
- $1.6M
- Funders on record
- 34
- Grants received
- $9.7M
- Net assets
- $1.6M
What Asian American Futures does
Mission
The mission of Asian American Futures is to ensure that asian americans and pacific islanders are seen, heard, empowered, and united.
As stated on its FY2024 Form 990.
Programs
Activate california & activate native hawaiian and pacific islander (nhpi)- provides flexible general operating resources and capacity building support to organizing and base building organizations in california. We focus on community-based organizations serving historically under-resourced regions and populations. Our resources are designed to help catalyze development and sustainability as our partners work to become anchor base building organizations in their communities.
$1,281,816 spentof which $512,911 as grants$15,295 earned by the program59% of program spendingNhpi initiative - our native hawaiian and pacific islander (nhpi) initiative builds off of aaf's existing relationships and grantmaking within nhpi communities to grow and strengthen nhpi nonprofit leadership by building nhpi community and narrative power.
$227,915 spentof which $115,000 as grants11% of program spendingGold futures challenge - the gold futures challenge is an online model for democratizing philanthropy that drives resources to asian american and pacific islander (aapi) nonprofits and increases their visibility, with the aspiration to build unity among aapis and communities of color across the country.
$243,761 spentof which $180,000 as grants11% of program spendingNarrative lab - aaf's narrative lab advances aspirational narratives such as solidarity, pride and belonging to create a future where all aapis can thrive. We partner with grassroots organizations and launch our own campaigns to experiment with evidenced-backed programming that shifts people's mindsets at scale. We share insights with the field to help them activate a larger share of the aapi population in the united states.
$134,829 spent6% of program spendingCatalyst lab - the catalyst lab supports asian american, native hawaiian and pacific islander (aanhpi) organizations to shape public policy and narratives that strengthen local communities and transform systems.
$168,735 spentof which $30,000 as grants8% of program spendingNextgen philanthropy/imagine initiative - the imagine initiative is a vibrant space for the next generation of asian american donors and philanthropists to connect, learn, and deepen investment in the asian american and pacific islander (aapi) organizations that are spearheading change. The imagine initiative offers creative programmingand a community of peers to support next gen asian american donors in identifying their values and vision, and inspire a long lasting commitment to aapi-focused philanthropy.
$108,016 spentof which $3,020 as grants5% of program spending
The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,165,072.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 2023 to 2024, from $3.0M to $1.7M (−43%).
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.
98% of ASIAN AMERICAN FUTURES’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 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.
Chief executive
Reshma Shamsunder
Executive director
Board chair
Andine Sutarjadi
Chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 15 funders, grant income rose $84k → $2.8M.
10 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% 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 ASIAN AMERICAN FUTURES’s funders (the co-funder graph). Top 30 of 34 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
ASIAN AMERICAN FUTURES has a broad base — no single funder exceeds 13% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
34% 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 ASIAN AMERICAN FUTURES.
Largest funder’s share by year: 2020 100% · 2021 30% · 2022 21% · 2023 35% — 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
40% of ASIAN AMERICAN FUTURES's funders are still giving 2 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
91% of ASIAN AMERICAN FUTURES's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 5 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
ASIAN AMERICAN FUTURES is better cushioned than half of the 2,910 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024
Organizations like ASIAN AMERICAN FUTURES
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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 3 states
Screen this organization
A dated, signed PDF of the compliance screen for ASIAN AMERICAN FUTURES: 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 ASIAN AMERICAN FUTURES?
- ASIAN AMERICAN FUTURES (California) receives grants from 34 organizations whose IRS filings report $9,748,661 to it, the largest being EVELYN AND WALTER HAAS JR FUND ($1,261,500). 17 of them have funded it in more than one year.
- How many funders does ASIAN AMERICAN FUTURES have?
- IRS filings report 34 organizations giving $9,748,661 in grants to ASIAN AMERICAN FUTURES, 17 of which have funded it in more than one year.
- Who is the largest funder of ASIAN AMERICAN FUTURES?
- EVELYN AND WALTER HAAS JR FUND is the largest funder on record, with $1,261,500 in grants. The full list of funders is on this page.
- How can an organization like ASIAN AMERICAN FUTURES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 2021–2024), and the filings of 34 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 14, 2026. What this page cannot tell you · view filing