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Washington, D.C. · Nonprofit

THE ASIAN AMERICAN FOUNDATION

THE ASIAN AMERICAN FOUNDATION (Washington, D.C.) receives grants from 51 organizations whose IRS filings report $52,925,298 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($13,035,058). 17 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$19M
Revenue FY2024
51
Funders on record
$53M
Grants received
$72M
Net assets
17/51 repeat funderspeak grant-dependency 92%

Against its field

THE ASIAN AMERICAN FOUNDATION holds deeper cash reserves than three-quarters of the 152 civil rights nonprofits its size.

Operating margin−38% · bottom quartile
Months of reserve25.8mo · top quartile
Revenue growth (annualized)−43% · bottom quartile

this organization peer median middle 50% of peers· 152 civil rights nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20212021 Revenue 100 ($101M) Expenses 100 ($20M) Net assets 100 ($83M)2022 Revenue 17 ($17M) Expenses 69 ($14M) Net assets 103 ($86M)2023 Revenue 16 ($17M) Expenses 112 ($23M) Net assets 96 ($79M)2024 Revenue 19 ($19M) Expenses 128 ($26M) Net assets 87 ($72M)
2021202220232024
Revenue (19)Expenses (128)Net assets (87)Peer revenue range

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.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

90% of THE ASIAN AMERICAN FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (96% for the typical peer).

This organization
Typical peer · 160 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$80M
21
$2.6M
22
$6.3M
23
$7.2M
24
26
months of
reserve
02Who funds it

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 51 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 51 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.

25%
largest funder
52%
top three
~8
effective funders

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

93% 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 12 states.

IL
NY
MA
IN
OH
PA
CA
DE
AR
NC
GA
FL

In-state vs out-of-state, by year

21
22
23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $49M arriving through sponsors registered in 13 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 51 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE ASIAN AMERICAN FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 15%Fundraising 1%

Governance

10
board members
90%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. 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 51 organizations whose IRS filings report $52,925,298 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($13,035,058). 17 of them have funded it in more than one year, and 93% 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 51 organizations giving $52,925,298 in grants to THE ASIAN AMERICAN FOUNDATION, 17 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 51funders 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 August 27, 2026. What this page cannot tell you · view filing