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Asian And Pacific Islander American Scholarship Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 571192973 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Asian And Pacific Islander American Scholarship Fund?

The Asian and Pacific Islander American Scholarship Fund (APIA Scholars) is a Washington, D.C.-based nonprofit organization dedicated to enhancing the educational opportunities for Asian and Pacific Islander American (APIA) students. APIA Scholars manages several scholarship programs, including the APIA Scholarship, AANAPISI Scholarship, APIA Scholars Emergency Fund, and the Gates Millennium Scholars/Asian Pacific Islander American Fund. Through these initiatives, they have distributed over $150 million in scholarships to more than 8,100 deserving students across the country and in the Pacific Islands. Their mission focuses on removing financial barriers and promoting degree attainment for APIA students, ultimately contributing to their future success and a more vibrant America. The organization has a workforce of 25 employees.


Official website here: www.apiasf.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100% (Four-Star out of Four Stars)

The Asian And Pacific Islander American Scholarship Fund (APIA Scholars) has achieved an outstanding score of 100%, reflecting its commitment to financial accountability, impact measurement, and community engagement. This high rating indicates that the organization operates with transparency and efficiency, ensuring that a significant portion of its resources are directed towards program expenses, with an impressive program expense ratio of over 80%. The charity's independent board, comprising 100% independent members, further emphasizes its strong governance structure.

User feedback highlights the profound impact APIA Scholars has on the lives of its recipients. Many scholars express gratitude for the financial support, which alleviates the burden of tuition, and commend the organization for fostering a nurturing community. The testimonials consistently reflect APIA's role not just as a scholarship provider but as a mentor and guide in navigating academic and professional challenges. Scholars appreciate the variety of resources, workshops, and networking opportunities, which contribute significantly to their personal and professional development.

While the feedback is overwhelmingly positive, one review noted an area for improvement related to the breadth of programming. Nonetheless, the overall sentiment underscores APIA Scholars as a vital resource for Asian and Pacific Islander students, empowering them through education and community support.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Asian And Pacific Islander American Scholarship Fund legitimate?

Asian And Pacific Islander American Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian And Pacific Islander American Scholarship Fund 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: $525,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,763,663

For more financial information, click here


Official website here: www.apiasf.org

What is the mission statement of Asian And Pacific Islander American Scholarship Fund?

The Asian and Pacific Islander American Scholarship Fund (APIA Scholarships) is dedicated to transforming the lives of Asian and Pacific Islander American (APIA) students by granting them access to higher education. This organization manages several scholarship programs, including the APIA Scholarship, AANAPISI Scholarship, APIA Scholars Emergency Fund, and the Gates Millennium Scholars/Asian Pacific Islander American Fund. Through these initiatives, APIA Scholarships has awarded over $150 million in scholarships to over 8,100 deserving APIA students, enabling them to pursue degrees and overcome financial barriers to degree attainment.


Official website here: www.apiasf.org

Who is the CEO of Asian And Pacific Islander American Scholarship Fund?

Noel Harmon is the Board Chair of Asian And Pacific Islander American Scholarship Fund.


Official website here: www.apiasf.org

What is the revenue of Asian And Pacific Islander American Scholarship Fund?

Asian And Pacific Islander American Scholarship Fund's revenue in 2022 was $13,616,717.


Official website here: www.apiasf.org

Who are the executives of Asian And Pacific Islander American Scholarship Fund and what are their salaries?

The average compensation at Asian And Pacific Islander American Scholarship Fund during 2022 was $91,585. There are 25 employees and 454 volunteers at Asian And Pacific Islander American Scholarship Fund.


Here are 27 key members and their salaries:


Aimee Meher-Homji (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Chasin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celina Yunwei Li (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Murtha (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chitra Nawbatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jun S Oh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chee Ia Yang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Lee Aulanikiikina Ah Loo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sefa Aina (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Weili Cheng (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Cho (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pooneh Fracyon Butler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Loretan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Luong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Moses (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nidhi Munjal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wally Suphap (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rowena Tomaneng (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hans Yang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahrukh Hussain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Harmon (President & Executive Director)
  • Compensation: $367,212
  • Related: $0
  • Other: $27,848
Elena Anderson (Chief Operating Officer)
  • Compensation: $223,956
  • Related: $0
  • Other: $15,315
Julie Ajinkya (Senior Vp & Chief Strategy Officer)
  • Compensation: $199,615
  • Related: $0
  • Other: $7,970
Shyam Gadwal (Vp, Programs)
  • Compensation: $124,287
  • Related: $0
  • Other: $9,805
Melissa May (Senior Director Of Programs)
  • Compensation: $104,386
  • Related: $0
  • Other: $8,782


Official website here: www.apiasf.org

Where can I find the form 990 for Asian And Pacific Islander American Scholarship Fund?

Asian And Pacific Islander American Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.apiasf.org

Learn more at the official website: www.apiasf.org

Mission Statement of Asian And Pacific Islander American Scholarship Fund

The Asian and Pacific Islander American Scholarship Fund, or APIA Scholarships, is a nonprofit organization dedicated to making a difference in the lives of Asian and Pacific Islander American (APIA) students by providing them with resources to increase their access to higher education. This foundation serves as the foundation for their future success and contributions to a more vibrant America.

APIA Scholars manages several scholarship programs, including the APIA Scholarship, the AANAPISI Scholarship, the APIA Scholars Emergency Fund, and the Gates Millennium Scholars/Asian Pacific Islander American Fund. Through these initiatives, APIA Scholars has distributed over $150 million in college scholarships to over 8,100 deserving APIA students across the country and in the Pacific Islands. APIA Scholars' focus on multi-year scholarships aims to remove financial barriers while promoting degree attainment. By creating opportunities for financial support, APIA Scholars is empowering the next generation of APIA leaders.

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Impact




October, 2024

The Asian and Pacific Islander American Scholarship Fund significantly impacts the educational landscape by providing vital financial resources to deserving Asian and Pacific Islander American (APIA) students. With a commitment to removing financial barriers, the organization has distributed over $150 million in college scholarships to more than 8,100 students, empowering them to pursue higher education and achieve their academic goals.

By managing various scholarship programs like the APIA Scholarship, AANAPISI Scholarship, APIA Scholars Emergency Fund, and the Gates Millennium Scholars/Asian Pacific Islander Americans Fund, the initiative not only alleviates immediate financial pressures but also encourages degree attainment through a focus on multi-year scholarships. This strategic approach recognizes the importance of sustained support in building a pathway to success for APIA students.

Further, the mission to enhance access to higher education lays a foundation for these students to contribute meaningfully to society, fostering a more vibrant America. The transformational opportunities enabled by these scholarships extend beyond individual student success, creating a ripple effect that benefits families and communities alike.




This information is meant to be a general summary of Asian And Pacific Islander American Scholarship Fund. 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.

Revenue
$13,616,717 (2022)
Expenses
$12,514,448 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,318
  • Gross Receipts: $13,616,717

Assets and Liabilities:

  • Total Assets: $37,686,826
  • Total Liabilities: $4,727,377
  • Net Assets: $32,959,449

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Organization Details

Founding Year

2003

Principal Officer

Noel Harmon

Main Address

1850 M STREET NW 245, WASHINGTON, DC, 20036

NTEE Category

Code: B82 - Education

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