The Asian American Foundation

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

EIN: 852050585 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The Asian American Foundation?

The Asian American Foundation is a nonprofit organization headquartered in Washington, D.C. Committed to uplifting the Asian American and Pacific Islander (AAPI) community, the foundation aims to foster belonging and prosperity, ensuring the community is free from discrimination, slander, and violence. A crucial aspect of their mission involves monitoring and preventing hate crimes through a national network, action centers, and data & research. To further support their charitable objectives, the foundation actively engages in education and community outreach, advocating for narrative change to better serve the AAPI community.


Official website here: www.taaf.org

What are the reviews and ratings of this charity?

The Asian American Foundation is not currently rated by Charity Navigator due to the lack of available data in several key areas required for evaluation. While the absence of a rating does not imply a negative or positive outlook, it emphasizes the importance of data on accountability, finance, leadership, and impact for a comprehensive assessment. Charity Navigator's recent inclusion of factors like Leadership & Adaptability and Culture & Community will enrich future evaluations.

The Asian American Foundation has only two consecutive years of e-filed Forms 990, which limits Charity Navigator's ability to provide an Accountability & Finance score. A consistent three-year data set is necessary for a more accurate financial evaluation. The foundation is independent and primarily funded by public sources, but without sufficient impact and community data, its comprehensive impact remains unscored.

Compensation for top executives at The Asian American Foundation is explicitly detailed, suggesting transparency in leadership salaries. However, without performance metrics or constituent feedback assessments, insights into organizational culture and community engagement are minimal. Overall, more data and longer operating history are required to deliver a full evaluation of the foundation's effectiveness and community impact.


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

Is The Asian American Foundation legitimate?

The Asian American Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Asian American 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: $1,377,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,550,951

For more financial information, click here


Official website here: www.taaf.org

What is the mission statement of The Asian American Foundation?

The Asian American Foundation works towards advancing the mission of supporting the Asian American and Pacific Islander (AAPI) community in their quest for belonging and prosperity, shielded from discrimination, slander, and violence. A significant aspect of their efforts is the monitoring and prevention of hate crimes through a national network and action centers. Additionally, they focus on educational programs and community outreach to bring about narrative change and fulfill their charitable mission. Their initiatives aim to uplift and empower the AAPI community.


Official website here: www.taaf.org

Who is the CEO of The Asian American Foundation?

Norman Chen is the Ceo And Director of The Asian American Foundation. The CEO's salary of The Asian American Foundation is $482,793 and their total compensation is $482,793.


Official website here: www.taaf.org

What is the revenue of The Asian American Foundation?

The Asian American Foundation's revenue in 2022 was $16,757,627.


Official website here: www.taaf.org

Who are the executives of The Asian American Foundation and what are their salaries?

The average compensation at The Asian American Foundation during 2022 was $77,054. There are 38 employees and 29 volunteers at The Asian American Foundation.


Here are 14 key members and their salaries (The Asian American Foundation's CEO's salary is $482,793 and their total compensation is $482,793):


Norman Chen (Ceo And Director)
  • Compensation: $482,793
  • Related: $0
  • Other: $0
Jerry Yang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Tsai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Greenblatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bae (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Li Lu (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peng Zhao (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Marcelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prisca Bae (Chief Partnerships Officer)
  • Compensation: $312,798
  • Related: $0
  • Other: $0
Isabel Kim (Chief Financial Officer)
  • Compensation: $257,420
  • Related: $0
  • Other: $0
Audrey Yamamoto (Coo As Of 3/1/22)
  • Compensation: $205,485
  • Related: $0
  • Other: $0
Bernadette Cruz (Director Of Operations)
  • Compensation: $207,250
  • Related: $0
  • Other: $0
Rohit Paul (Head Of People As Of 5/23/22)
  • Compensation: $122,904
  • Related: $0
  • Other: $0
Joy Moh (Head Of Communications As Of 6/27/22)
  • Compensation: $115,701
  • Related: $0
  • Other: $0


Official website here: www.taaf.org

Where can I find the form 990 for The Asian American Foundation?

The Asian American Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.taaf.org

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

Mission Statement of The Asian American Foundation

The Asian American Foundation, or TAAF, is dedicated to serving the Asian American and Pacific Islander (AAPI) community in their quest for belonging and prosperity, unhindered by discrimination, slander, and violence. A key aspect of TAAF's mission is the prevention of hate crimes. To accomplish this, they have established a national network, action centers, and conduct extensive data and research. Their mission extends beyond crime prevention, as they also prioritize education and community outreach. Through these efforts, TAAF works to advance positive narratives and promote the wellbeing of the AAPI community. Their initiatives are aimed at creating a more inclusive and equitable society, where all members of the AAPI community can thrive.

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Impact




October, 2024

The Asian American Foundation plays a crucial role in bolstering the Asian American and Pacific Islander (AAPI) community's pursuit of belonging and prosperity while striving to eliminate discrimination, slander, and violence. One of its primary initiatives involves monitoring and preventing hate crimes through a robust national network of action centers and comprehensive data and research. This proactive approach not only addresses immediate threats but also fosters a long-term environment of safety and acceptance.

In addition to its focus on hate crime prevention, the Foundation emphasizes education and community outreach, aiming to shift narratives surrounding the AAPI community. By advancing understanding and representation, it seeks to empower individuals and connect them with resources that promote growth, resilience, and solidarity. With its activities based in Washington, DC, the Foundation stands at the forefront of civil rights efforts to ensure that AAPI voices are heard and valued, paving the way for a more inclusive society.




This information is meant to be a general summary of The Asian American 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.

Revenue
$16,757,627 (2022)
Expenses
$14,111,697 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,285
  • Gross Receipts: $17,634,310

Assets and Liabilities:

  • Total Assets: $88,971,313
  • Total Liabilities: $3,316,026
  • Net Assets: $85,655,287

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Organization Details

Founding Year

2020

Principal Officer

Norman Chen

Main Address

PO BOX 21749, WASHINGTON, DC, 20009

NTEE Category

Code: R22 - Civil rights

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