Overview
What is Foundation For Asian Pacific American Chamber Of Commerce Inc?
The Foundation for Asian Pacific American Chamber of Commerce Inc., often abbreviated as FAPACC, is a charitable organization situated in Washington D.C. Its primary role is to support and empower the Asian American business community. This is achieved through organizing seminars and providing educational services tailored to the specific needs of this community. The Foundation serves as a foundation for the Asian Pacific American Chamber of Commerce (APACC), which is overseen by the FAPACC's Board of Directors. In 2016, the Foundation made a significant contribution of $19,998 to APACC's initiatives. The FAPACC's mission is deeply rooted in serving the Asian American Community through charitable and educational events.
Is Foundation For Asian Pacific American Chamber Of Commerce Inc legitimate?
Foundation For Asian Pacific American Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Asian Pacific American Chamber Of Commerce Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Foundation For Asian Pacific American Chamber Of Commerce Inc?
The Foundation for Asian Pacific American Chamber of Commerce Inc (FAPACC) is dedicated to serving the Asian American community primarily through charitable and educational events and functions. This organization acts as a foundation for the Asian Pacific American Chamber of Commerce (APACC), which offers business seminars and educational services tailored to the needs of the Asian American business community. The FAPACC's role is to support the APACC's initiatives, as outlined by its board of directors. In 2016, the only notable transaction from FAPACC was the transfer of funds to APACC's initiatives in the amount of $19,998.
Who is the CEO of Foundation For Asian Pacific American Chamber Of Commerce Inc?
Michael Lau is the President of Foundation For Asian Pacific American Chamber Of Commerce Inc.
What is the revenue of Foundation For Asian Pacific American Chamber Of Commerce Inc?
Foundation For Asian Pacific American Chamber Of Commerce Inc's revenue in 2022 was $0.
Who are the executives of Foundation For Asian Pacific American Chamber Of Commerce Inc and what are their salaries?
There 10 volunteers at Foundation For Asian Pacific American Chamber Of Commerce Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Foundation For Asian Pacific American Chamber Of Commerce Inc?
Foundation For Asian Pacific American Chamber Of Commerce Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For Asian Pacific American Chamber Of Commerce Inc
The Foundation for Asian Pacific American Chamber of Commerce (FAPACC) is dedicated to serving the Asian American community through charitable and educational events and functions. This nonprofit organization primarily aims to support the Asian American business community by providing relevant seminars and educational services that cater to their specific needs. The Foundation serves as a foundation for the Asian Pacific American Chamber of Commerce (APACC), an organization that operates separately but shares a similar mission. The activities of the Foundation are planned and overseen by its Board of Directors, and in 2016, the Foundation transferred funds to APACC's initiative, furthering their collective goal of supporting the Asian American community.
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Impact
October, 2024
The Foundation for Asian Pacific American Chamber of Commerce (FAPACC) significantly impacts the Asian American community by organizing charitable and educational events that cater to the specific needs of Asian American businesses. Through its partnership with the Asian Pacific American Chamber of Commerce (APACC), FAPACC provides crucial business seminars and educational resources aimed at fostering growth and addressing the challenges faced by this community in the business landscape.
By facilitating these events and functions, FAPACC enhances access to vital information, networking opportunities, and support systems, empowering Asian American entrepreneurs and business owners to thrive. This focus on education not only strengthens individual businesses but also contributes to the overall economic vitality of the Asian American community in Washington, DC, and beyond. The strategic initiatives undertaken by FAPACC, including funding transfers to support educational programs, further underscore its commitment to fostering sustainable growth and development within this demographic.
This information is meant to be a general summary of Foundation For Asian Pacific American Chamber Of Commerce Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2006
Phone
(301) 404-1690Principal Officer
Michael Lau
Main Address
1310 Ninth Street NW, Washington, DC, 20001
NTEE Category
Code: B82 - Education
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