Asian American Equal Opportunity Fund is located in Washington, DC. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Asian American Equal Opportunity Fund employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian American Equal Opportunity Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Asian American Equal Opportunity Fund has awarded 19 individual grants totaling $9,239,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASIAN AMERICAN FOUNDATION'S (TAAF) SERVES THE AAPI COMMUNITY IN THEIR PURSUIT OF BELONGING AND PROSPERITY THAT IS FREE FROM DISCRIMINATION, SLANDER, AND VIOLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HATE CRIMES MONITORING AND PREVENTIONTHROUGH THE COORDINATED EFFORTS OF A NATIONAL NETWORK, ACTION CENTERS AND DATA & RESEARCH, TAAF IS ADDRESSING THE ONGOING HATE TOWARD THE AAPI COMMUNITY.
EDUCATION AND COMMUNITY OUTREACHADVANCING TAAF'S MISSION THROUGH EDUCATION SUPPORT AND NARRATIVE CHANGE IN AN EFFORT TO SERVE THE AAPI COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sonal Shah Director/president | OfficerTrustee | 10 | $392,855 |
Prisca Bae Vice President | Officer | 10 | $247,469 |
Norman Chen Director/ceo | OfficerTrustee | 10 | $71,843 |
Li Lu Chairman | OfficerTrustee | 10 | $0 |
Peng Zhao Director/treasurer | OfficerTrustee | 10 | $0 |
Jonathan Greenblatt Director | Trustee | 10 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Torch2014 Inc Production Services | 12/30/21 | $3,048,601 |
Enfranchisement Productions Llc Management Consulting | 12/30/21 | $459,500 |
Wieden Kennedy New York Production Services | 12/30/21 | $664,121 |
Brunswick Group Communications Consulting | 12/30/21 | $450,000 |
The Bridgespan Group Inc Management Consulting | 12/30/21 | $455,617 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $100,698,744 |
Noncash contributions included in lines 1a–1f | $669,739 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100,698,744 |
Total Program Service Revenue | $0 |
Investment income | $29,331 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $100,728,075 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,237,890 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $712,169 |
Compensation of current officers, directors, key employees. | $150,415 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $752,089 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $60,155 |
Payroll taxes | $87,088 |
Fees for services: Management | $2,316,664 |
Fees for services: Legal | $179,118 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,208 |
Advertising and promotion | $6,967,826 |
Office expenses | $67,972 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,225 |
Travel | $56,606 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $20,454,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $13,280,819 |
Pledges and grants receivable | $71,536,217 |
Accounts receivable, net | $3,555,684 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,758 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $669,739 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $89,049,217 |
Accounts payable and accrued expenses | $1,420,470 |
Grants payable | $4,619,390 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $6,039,860 |
Net assets without donor restrictions | $1,500,000 |
Net assets with donor restrictions | $81,509,357 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $89,049,217 |
Over the last fiscal year, Asian American Equal Opportunity Fund has awarded $9,239,750 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: PROGRAM SUPPORT | $1,500,000 |
San Francisco, CA PURPOSE: PROGRAM SUPPORT | $1,000,000 |
Washington, DC PURPOSE: PROGRAM SUPPORT | $1,000,000 |
San Francisco, CA PURPOSE: PROGRAM SUPPORT | $1,000,000 |
NATIONAL ASIAN PACIFIC AMERICA WOMEN'S FORUM PURPOSE: PROGRAM SUPPORT | $1,000,000 |
New York, NY PURPOSE: PROGRAM SUPPORT | $1,000,000 |
Over the last fiscal year, we have identified 9 grants that Asian American Equal Opportunity Fund has recieved totaling $5,552,331.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $2,026,000 |
Asian Pacific Fund San Francisco, CA PURPOSE: GENERAL SUPPORT | $1,515,793 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
New Venture Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $598,878 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $251,660 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $65,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Association For The Advancement Of Colored People Baltimore, MD | $32,426,272 | $33,545,881 |
Asian American Equal Opportunity Fund Washington, DC | $89,049,217 | $100,728,075 |
National Congress Of American Indians Washington, DC | $22,096,750 | $10,230,979 |
Congressional Black Caucus Foundation Inc Washington, DC | $27,522,852 | $16,990,320 |
Lulac National Educational Service Centers Inc Washington, DC | $2,152,455 | $9,352,585 |
Congressional Hispanic Caucus Institute Inc Washington, DC | $24,437,855 | $9,652,744 |
National Association For The Advancement Of Colored People Baltimore, MD | $34,744,473 | $15,559,685 |
National Action Council For Minorities In Engineering Inc Alexandria, VA | $24,460,984 | $4,503,129 |
Minority Corporate Counsel Association Inc Washington, DC | $7,066,542 | $4,466,534 |
National Black Caucus Of State Legislators Washington, DC | $4,139,916 | $3,218,552 |
Hispanic Association On Corporate Responsibility Washington, DC | $5,189,673 | $3,981,049 |
Voto Latino Foundation Inc Washington, DC | $3,458,506 | $3,696,616 |