Asian American Futures

Organization Overview

Asian American Futures is located in Irvine, CA. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Asian American Futures employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian American Futures is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Asian American Futures generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Asian American Futures has awarded 29 individual grants totaling $2,029,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF ASIAN AMERICAN FUTURES IS TO ENSURE THAT ASIAN AMERICANS AND PACIFIC ISLANDERS ARE SEEN, HEARD, EMPOWERED, AND UNITED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTIVATE CALIFORNIA - ACTIVATE CALIFORNIA PROVIDES FLEXIBLE GENERAL OPERATING RESOURCES AND CAPACITY BUILDING SUPPORT TO ORGANIZING AND BASE BUILDING ORGANIZATIONS IN CALIFORNIA. WE FOCUS ON COMMUNITY-BASED ORGANIZATIONS SERVING HISTORICALLY UNDER-RESOURCED REGIONS AND POPULATIONS. OUR RESOURCES ARE DESIGNED TO HELP CATALYZE DEVELOPMENT AND SUSTAINABILITY AS OUR PARTNERS WORK TO BECOME ANCHOR BASE BUILDING ORGANIZATIONS IN THEIR COMMUNITIES.


GOLD FUTURES CHALLENGE - THE GOLD FUTURES CHALLENGE IS AN ONLINE MODEL FOR DEMOCRATIZING PHILANTHROPY THAT DRIVES RESOURCES TO ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) NONPROFITS AND INCREASES THEIR VISIBILITY, WITH THE ASPIRATION TO BUILD UNITY AMONG AAPIS AND COMMUNITIES OF COLOR ACROSS THE COUNTRY.


CATALYST LAB - THE CATALYST LAB SUPPORTS ASIAN AMERICAN, NATIVE HAWAIIAN AND PACIFIC ISLANDER (AANHPI) ORGANIZATIONS TO SHAPE PUBLIC POLICY AND NARRATIVES THAT STRENGTHEN LOCAL COMMUNITIES AND TRANSFORM SYSTEMS.


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Board, Officers & Key Employees

Name (title)Compensation
Joanna Kong
Co-Chair
$0
Susan Lew
Co-Chair
$0
Nithin Jilla
Secretary/treasurer
$0
Cathy Cha
Board Member
$0
Vivian Long
Board Member
$0
Aryani Ong
Board Member
$0

Financial Statements

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$2,447,631
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,447,631
Total Program Service Revenue$9,500
Investment income $0
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 $2,457,131

Grants Awarded

Over the last fiscal year, Asian American Futures has awarded $1,510,000 in support to 18 organizations.

Grant RecipientAmount

COMMUNITY PARTNERS

PURPOSE: ACTIVATE CALIFORNIA GRANT - EPIC/CVPIA/VIGILANT LOVE

$300,000

EVERY VOICE TEXAS DBA ASIAN TEXANS FOR JUSTICE

PURPOSE: 2022 GFC GRANT - EVERY VOICE TEXAS DBA ASIAN TEXANS FOR JUSTICE

$101,000

CHINESE FOR AFFIRMATIVE ACTION

PURPOSE: ACTIVATE CALIFORNIA GRANT - HMONG INNOVATING POLITICS

$100,000

CHINESE PROGRESSIVE ASSOCIATION

PURPOSE: ACTIVATE CALIFORNIA GRANT - SEEDING CHANGE

$100,000

JAKARA MOVEMENT

PURPOSE: ACTIVATE CALIFORNIA GRANT - JAKARA MOVEMENT

$100,000

NIKKEI FOR CIVIL RIGHTS AND REDRESS

PURPOSE: ACTIVATE CALIFORNIA GRANT - NIKKEI PROGRESSIVES

$100,000
View Grant Profile

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