Overview
What is The Asia Foundation?
The Asia Foundation is a non-profit, international development organization based in San Francisco, California. With six decades of experience and local expertise, they aim to improve lives across Asia by focusing on five overarching goals: strengthening governance, empowering women, expanding economic opportunity, increasing environmental resilience, and promoting regional cooperation. Their mission includes countering corruption, supporting parliamentary and constitutional development, and fostering an active civil society sector. The Asia Foundation's governance program is dedicated to building effective and responsive governance, expanding access to justice mechanisms, and nurturing an engaged citizenry. They have a staff of 154 employees.
Official website here: www.asiafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Asia Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, as well as overall organizational effectiveness. With a score of 99 in Accountability & Finance, the foundation demonstrates a high level of fiscal responsibility and transparency, which is critical for donor confidence and support.
The organization excels in leadership and adaptability, achieving a perfect score of 100 in this area. This suggests that The Asia Foundation is not only well-managed but also responsive to the changing needs of the communities it serves. Its commitment to independent governance is evident, with 96% of its board members being independent, further reinforcing its credibility.
While the foundation shows significant strengths, its program expense ratio of 86.08% indicates that a considerable portion of its funding is dedicated to program services, which is a positive sign. However, potential donors may want to consider the liabilities to assets ratio of 51.91%, which suggests some financial leverage that might warrant further examination. Overall, The Asia Foundation is a well-regarded organization with a strong track record in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Asia Foundation legitimate?
The Asia Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Asia 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: $2,693,080
Professional Fundraising Fees: $23,207
Other Salaries and Wages: $35,469,112
For more financial information, click here
Official website here: www.asiafoundation.org
What is the mission statement of The Asia Foundation?
The Asia Foundation is a non-profit international development organization dedicated to enhancing lives across Asia. With six decades of experience and extensive local knowledge, the organization's efforts cater to five key objectives: strengthening governance, empowering women, expanding economic opportunities, increasing environmental resilience, and promoting regional cooperation. In addition, the Foundation's publications and professional exchange programs contribute to Asia's ongoing development as a peaceful, just, and prosperous region.
Official website here: www.asiafoundation.org
Who is the CEO of The Asia Foundation?
Laurel E Miller is the Principal Officer of The Asia Foundation. The CEO's salary of The Asia Foundation is $483,436 and their total compensation is $528,036.
Official website here: www.asiafoundation.org
What is the revenue of The Asia Foundation?
The Asia Foundation's revenue in 2022 was $101,640,301.
Official website here: www.asiafoundation.org
Who are the executives of The Asia Foundation and what are their salaries?
The average compensation at The Asia Foundation during 2022 was $247,806. There are 154 employees and 34 volunteers at The Asia Foundation.
Here are 48 key members and their salaries (The Asia Foundation's CEO's salary is $483,436 and their total compensation is $528,036):
- Compensation: $483,436
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- Other: $44,600
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- Other: $41,120
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- Other: $13,297
- Compensation: $247,367
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- Other: $32,169
- Compensation: $210,517
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- Other: $28,456
- Compensation: $225,821
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- Other: $44,838
- Compensation: $283,747
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- Compensation: $258,967
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- Compensation: $253,546
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- Other: $24,656
- Compensation: $240,411
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- Other: $24,098
- Compensation: $243,644
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- Other: $18,053
Official website here: www.asiafoundation.org
Where can I find the form 990 for The Asia Foundation?
The Asia Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asiafoundation.org
Learn more at the official website: www.asiafoundation.org
Mission Statement of The Asia Foundation
The Asia Foundation is a renowned non-profit organization dedicated to enhancing lives across Asia. With six decades of experience and a deep understanding of local contexts, this development institution focuses its efforts on five overarching goals: strengthening governance, empowering women, expanding economic opportunity, increasing environmental resilience, and promoting regional cooperation. The Asia Foundation's commitment to these areas is demonstrated through various programs and initiatives.
Established with a vision to improve living conditions in Asia, The Asia Foundation works towards fostering peaceful, just, and thriving societies. Its mission is grounded in the belief that Asia holds the potential to overcome its challenges and achieve sustainable progress. By addressing the root causes of social, economic, and political issues, the organization aims to create lasting change and promote stability in the region.
Through its work, The Asia Foundation empowers local communities to take charge of their own development. It supports initiatives that strengthen governance and the rule of law, ensuring that institutions and governments are effective and responsive to the needs of their people. By empowering women, the organization fosters gender equality, enabling women to participate fully in all aspects of society and contribute to economic growth. Economic opportunities are expanded through the promotion of entrepreneurship and the development of small and medium enterprises. The organization's commitment to environmental resilience addresses the impacts of climate change and ensures that communities are prepared for future challenges. Finally, The Asia Foundation encourages regional cooperation, fostering partnerships and dialogue between countries to address common challenges and promote peace and stability.
In addition to these goals, The Asia Foundation also supports Asia's continued development through its books for Asia program and professional exchange programs. These initiatives facilitate knowledge sharing and capacity building, enabling individuals and organizations to contribute to the region's growth and progress.
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Impact
October, 2024
The Asia Foundation has made a significant impact in fostering effective governance and building responsive justice systems across Asia. By leveraging over six decades of local expertise, it supports initiatives that strengthen governance, encourage civic engagement, and promote social and economic development. The Foundation plays a crucial role in countering corruption, enhancing parliamentary and constitutional development, and empowering civil society, all aimed at creating more transparent and accountable governance structures.
Additionally, the Foundation's commitment extends beyond governance; it actively works to empower women, expand economic opportunities, and increase environmental resilience. This holistic approach not only addresses immediate societal issues but also cultivates long-term stability and peace. Through initiatives such as Books for Asia and professional exchanges, it reinforces the region’s development as a peaceful, just, and thriving community, ultimately enriching lives across the continent.
This information is meant to be a general summary of The Asia 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.
- Investment Income: $818,865
- Gross Receipts: $102,276,778
Assets and Liabilities:
- Total Assets: $77,781,251
- Total Liabilities: $40,379,502
- Net Assets: $37,401,749
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Organization Details
Founding Year
1952
Phone
(415) 743-3324Principal Officer
Laurel E Miller
Main Address
465 CALIFORNIA STREET 9TH FLOOR, SAN FRANCISCO, CA, 941041822
Website
www.asiafoundation.orgNTEE Category
Code: Q300 - International
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