Washington, D.C. · Nonprofit
THE ASIAN AMERICAN FOUNDATION
THE ASIAN AMERICAN FOUNDATION (Washington, D.C.) receives grants from 54 organizations whose IRS filings report $53,128,663 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($13,035,058). 18 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $19M
- Funders on record
- 54
- Grants received
- $53M
- Net assets
- $72M
What The Asian American Foundation does
Mission
The Asian American Foundation (taaf) serves the aapi community in their pursuit of belonging and prosperity that is free from discrimination, slander and violence, in furtherance of its charitable mission taaf conducts.
As stated on its FY2024 Form 990.
Programs
Anti-asian hate monitoring and prevention launched in 2021 in response to the rise in anti-asian hate, taaf's anti-hate & safety national network, comprised of national, regional and local organizations, provides essential direct services, safety, and healing for survivors, families and the impacted community. The national network also focuses on sharing best practices and resources to better track, respond to and streamline solutions for anti-hate work. In 2024, taaf hosted its first ever anti-hate & safety national network convening, bringing together over 50 grantees and allied organizations over two days in nyc. Additionally, taaf launched two safety studies to examine the safety concerns of aanhpi residents in nyc and seattle.
$9,187,126 spentof which $6,530,000 as grants42% of program spendingResources & representation taaf's resources & representation initiatives focus on unlocking resources through the aapi giving challenge and strengthening aanhpi leadership across industries. Taaf engages leaders through taaf's signature board and c-suite strategies and emerging executives through the taaf erg network (ten).taaf also works with partners to unlock resources through the aapi giving challenge, a multi-year campaign that rallies companies, foundations, and individuals to support aanhpi communities and causes and taaf's award-winning nonprofit database, a digital platform that connexts the public with aanhpi nonprofits across the us.
$5,748,557 spentof which $40,000 as grants26% of program spendingEducation taaf's education efforts focus on expanding asian american history in classrooms across the country. Efforts primarily centered on launching the "aapi history hub", a first-of-its-kind online educational platform that provides k-12 educators with over 280 high-quality, vetted, standards- aligned curricular resources covering aapi history. Earlier this year, taaf, in partnership with asian americans advancing justice chicago, also launched the "teaach field guide & executive summary" outlining key lessons and recommendations for advocates, policymakers and educators seeking to standardize the teaching of aapi history in k-12 schools nationwide.
$2,684,884 spentof which $1,390,000 as grants12% of program spendingNarrative changetaaf's narrative change efforts elevate stories and storytellers that combat stereotypes and contribute to aanhpi'sbeing seen in their full humanity. Taaf invests in debut filmmakers and underrepresented aapi voices, mentorship andtraining to advance the careers of aapi creatives, and research supporting aapi leaders in media, entertainment andjournalism.
$2,637,227 spentof which $1,157,000 as grants12% of program spendingData & research.
$1,733,321 spent8% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $21,991,115.
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 2022 to 2023, from $89M to $81M (−9%).
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.
90% of THE ASIAN AMERICAN FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (96% 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
Norman Chen
CEO and director
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 7 funders to 23 funders, grant income rose $4.2M → $11M.
22 of 54 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% 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 THE ASIAN AMERICAN FOUNDATION’s funders (the co-funder graph). Top 30 of 54 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
THE ASIAN AMERICAN FOUNDATION has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
93% 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 THE ASIAN AMERICAN FOUNDATION.
Largest funder’s share by year: 2021 36% · 2022 33% · 2023 24% — 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.
Where its funders are
92% of THE ASIAN AMERICAN FOUNDATION'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 $4.0M that is directly attributable, 100% of it comes from funders outside Washington, D.C., across 13 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $49M arriving through sponsors registered in 14 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
THE ASIAN AMERICAN FOUNDATION holds deeper cash reserves than three-quarters of the 152 civil rights nonprofits its size.
this organization peer median middle 50% of peers· 152 civil rights nonprofits $10M–$100M, FY2024
Organizations like THE ASIAN AMERICAN FOUNDATION
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 Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for THE ASIAN AMERICAN FOUNDATION: 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 THE ASIAN AMERICAN FOUNDATION?
- THE ASIAN AMERICAN FOUNDATION (Washington, D.C.) receives grants from 54 organizations whose IRS filings report $53,128,663 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($13,035,058). 18 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE ASIAN AMERICAN FOUNDATION have?
- IRS filings report 54 organizations giving $53,128,663 in grants to THE ASIAN AMERICAN FOUNDATION, 18 of which have funded it in more than one year.
- Who is the largest funder of THE ASIAN AMERICAN FOUNDATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $13,035,058 in grants. The full list of funders is on this page.
- How can an organization like THE ASIAN AMERICAN FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. 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 54 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