Overview
What is Asian Entrepreneurship Foundation?
The Asian Entrepreneurship Foundation, recognized as ACE NextGen, is a nonprofit organization based in Boston, Massachusetts. Its primary mission is to foster connections, promote entrepreneurial learning, and offer resources to support the Asian American Pacific Islander (AAPI) business community. They achieve this through various activities, including organizing conferences, events, and workshops. Since the COVID-19 vaccine's availability in 2021, ACE NextGen has held an in-person conference in Los Angeles, California, bringing together over 100 AAPI entrepreneurs to discuss entrepreneurship, leadership, and post-pandemic resources. The organization's workforce consists of three individuals, dedicated to elevating the AAPI entrepreneurial community.
Official website here: www.acenextgen.org/
Is Asian Entrepreneurship Foundation legitimate?
Asian Entrepreneurship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian Entrepreneurship Foundation 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: $77,000
Professional Fundraising Fees: $3,194
Other Salaries and Wages: $29,984
For more financial information, click here
Official website here: www.acenextgen.org/
What is the mission statement of Asian Entrepreneurship Foundation?
The Asian Entrepreneurship Foundation aims to fulfill its vision by fostering connections within the entrepreneurial community, promoting learning, and offering resources to support Asian business owners. This is achieved through various initiatives, such as organizing conferences, events, and workshops to disseminate knowledge and wisdom. As part of its mission, the foundation, specifically its ACE NextGen program, seeks to elevate and give back to the Asian American Pacific Islander entrepreneurs community.
Following the COVID-19 vaccine rollout in 2021, the foundation organized an in-person conference in Los Angeles, California, bringing together over a hundred AAPI entrepreneurs to explore topics related to entrepreneurship and leadership, and to provide resources for navigating post-pandemic challenges.
Official website here: www.acenextgen.org/
Who is the CEO of Asian Entrepreneurship Foundation?
Cheuk Shian is the Director of Asian Entrepreneurship Foundation.
Official website here: www.acenextgen.org/
What is the revenue of Asian Entrepreneurship Foundation?
Asian Entrepreneurship Foundation's revenue in 2022 was $398,113.
Official website here: www.acenextgen.org/
Who are the executives of Asian Entrepreneurship Foundation and what are their salaries?
The average compensation at Asian Entrepreneurship Foundation during 2022 was $35,661. There are 3 employees and 30 volunteers at Asian Entrepreneurship Foundation.
Here are 8 key members and their salaries:
- Compensation: $15,661
- Related: $0
- Other: $0
- Compensation: $6,212
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acenextgen.org/
Where can I find the form 990 for Asian Entrepreneurship Foundation?
Asian Entrepreneurship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acenextgen.org/
Learn more at the official website: www.acenextgen.org/
Mission Statement of Asian Entrepreneurship Foundation
The Asian Entrepreneurship Foundation, a notable organization, is dedicated to achieving its vision by fostering connections, promoting education, and giving back to the Asian American Pacific Islander (AAPI) entrepreneurial community. To accomplish this, the foundation engages in various activities such as organizing conferences, events, workshops, and meetings to share knowledge and wisdom with business owners.
In line with its mission, the organization, known as ACE NextGen, aims to connect entrepreneurially-minded individuals, creating a supportive and vibrant community. Furthermore, it seeks to educate these individuals, helping them develop an entrepreneurial mindset. Lastly, the foundation aims to give back to the AAPI business community by providing resources to support their growth and success. This is achieved through events and initiatives that offer valuable insights and opportunities for networking and learning.
A notable example of the foundation's activities is its annual conference. Since the summer of 2021, when the COVID-19 vaccine became widely available, ACE NextGen organized an in-person conference in Los Angeles, California. This event brought together over 100 AAPI entrepreneurs to explore topics related to entrepreneurship, leadership, and the post-pandemic business landscape, providing resources and networking opportunities for the community.
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Impact
October, 2024
The Asian Entrepreneurship Foundation has made a significant impact by fostering a vibrant community of entrepreneurial-minded individuals within the Asian American Pacific Islander (AAPI) community. By organizing events such as the annual conference, the Foundation has successfully gathered over 100 AAPI entrepreneurs to engage in meaningful discussions on topics like entrepreneurship and leadership, particularly in the wake of challenges posed by the COVID-19 pandemic.
Through its initiatives, the Foundation promotes learning and cultivates an entrepreneurial mindset among Asian business owners, providing essential resources and support to help them navigate the complexities of business ownership. By facilitating connections and encouraging collaboration, the Foundation strengthens the network of entrepreneurs, enhancing opportunities for growth and innovation within the community.
Overall, the Asian Entrepreneurship Foundation plays a crucial role in elevating AAPI entrepreneurs, empowering them to succeed and contribute positively to the broader economy.
This information is meant to be a general summary of Asian Entrepreneurship Foundation. 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.
- Program Service Revenue: $119,634
- Gross Receipts: $398,113
Assets and Liabilities:
- Total Assets: $143,103
- Total Liabilities: $29,171
- Net Assets: $113,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Local Chapter Events (mixers)
Revenue
$17,578
Annual Conference
Revenue
$28,438
Inner Circle Program
Revenue
$25,950
Workshops & Retreats
Revenue
$47,668
Organization Details
Founding Year
2015
Phone
(508) 967-5835Principal Officer
Cheuk Shian
Main Address
PO BOX 51471, BOSTON, MA, 02205
Website
www.acenextgen.org/NTEE Category
Code: W01 - Public benefit
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