Give2asia
- Assets
- $46.1m
- Revenue
- $66.5m
- Investments
- $0.0
- Employees
- 15
- Location
- Oakland, CA
- Founding
- 01/2001
- Data as of
- 12/2021
- EIN
- 94-3373670
Organization Overview
Give2asia is located in Oakland, CA. The organization was established in 2001. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Give2asia employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Give2asia 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 12/2021, Give2asia generated $66.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $63.8m during the year ending 12/2021. While expenses have increased by 11.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Give2asia has awarded 21 individual grants totaling $3,217,800. 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
GIVE2ASIA PROVIDES PHILANTHROPIC SERVICES TO INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND CHARITABLE ORGANIZATIONS IN THE UNITED STATES AND ASIA. GIVE2ASIA MATCHES DONOR INTERESTS AND GRANTEE MISSION AND CAPACITY TO MAKE INTERNATIONAL GRANTMAKING COMPLIANT WITH U.S. AND LOCAL REGULATIONS, EFFECTIVE AND IMPACTFUL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVE2ASIA PROVIDES ADVISORY AND MANAGEMENT SERVICES RELATED TO MEETING CHARITABLE NEEDS AND OPPORTUNITIES IN ASIA. GIVE2ASIA MANAGES DONOR ADVISED GRANTS, DONOR ADVISED FUNDS, AND FRIENDS FUNDS. GIVE2ASIA CONDUCTS PRE-GRANT DUE DILIGENCE ON PROSPECTIVE GRANTEES, MONITORS PROGRAM PERFORMANCE, EXERCISES EXPENDITURE RESPONSIBILITY, AND REPORTS TO DONORS, IN COMPLIANCE WITH APPLICABLE U.S. LAWS AND REGULATIONS FOR INTERNATIONAL GIVING. MOST OF GIVE2ASIA'S GRANT-MAKING IS IN THE FIELDS OF EDUCATION, HEALTH, ENVIRONMENT, LIVELIHOOD, AND POST-DISASTER RELIEF AND RECONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Birger Stamperdahl President & CEO | Officer | 40 | $173,744 |
Sheena Agarwal Secretary & VP Of Operations | Officer | 40 | $136,100 |
Anna Hong CFO - Current | Officer | 40 | $133,433 |
Reza Badiee CFO - Until 9/30/21 | Officer | 40 | $119,781 |
George Sycip Chairman | OfficerTrustee | 2 | $0 |
Naren Agarwal Vice-Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bankable Frontier Associates Llc Consulting | 12/30/18 | $121,080 |
International Institute Of Rural Reconst Grantee Training, Consulting, And Develo | 12/30/18 | $179,868 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $232,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,610,371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,842,371 |
| Total Program Service Revenue | $332,870 |
| Investment income | $296,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,330 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,536,782 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,695,632 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $56,939,961 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $547,221 |
| Compensation of current officers, directors, key employees. | $161,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,115,524 |
| Pension plan accruals and contributions | $53,970 |
| Other employee benefits | $300,223 |
| Payroll taxes | $87,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,169 |
| Fees for services: Accounting | $173,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105,901 |
| Fees for services: Other | $1,108,465 |
| Advertising and promotion | $0 |
| Office expenses | $45,171 |
| Information technology | $157,068 |
| Royalties | $0 |
| Occupancy | $112,836 |
| Travel | $139,773 |
| 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 | $14,649 |
| Insurance | $25,938 |
| All other expenses | $100,300 |
| Total functional expenses | $63,761,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,365,661 |
| Pledges and grants receivable | $8,895,123 |
| Accounts receivable, net | $0 |
| 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 | $129,001 |
| Net Land, buildings, and equipment | $164,981 |
| Investments—publicly traded securities | $18,521,889 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,076,655 |
| Accounts payable and accrued expenses | $480,903 |
| Grants payable | $18,130,245 |
| 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 | $18,611,148 |
| Net assets without donor restrictions | $15,609,353 |
| Net assets with donor restrictions | $11,856,154 |
| 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 | $46,076,655 |
Grants Awarded
Over the last fiscal year, Give2asia has awarded $2,695,632 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Irving, TX PURPOSE: LIVELIHOOD | $750,000 |
Atlanta, GA PURPOSE: LIVELIHOOD, DISASTER RESPONSE | $605,000 |
New York, NY PURPOSE: EDUCATION | $600,000 |
Washington, DC PURPOSE: DISASTER RESPONSE; HEALTH | $209,569 |
San Francisco, CA PURPOSE: EDUCATION, LIVELIHOOD | $135,000 |
Milpitas, CA PURPOSE: HEALTH | $132,167 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Give2asia has recieved totaling $118,500.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Wilmington, DE PURPOSE: SHIMMY - COMMUNITY DEVELOPMENT AND EMPOWERMENT FOR BANGLADESHI WORKERS | $100,000 |
Fongs 2014 Family Foundation Inc Houston, TX PURPOSE: DONATION | $18,500 |
Endowment Analysis
| Beg. Balance | $10,761,375 |
| Earnings | $960,972 |
| Other Expense | $66,791 |
| Ending Balance | $11,655,556 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Hunger Fund Mission Hills, CA | $28,471,554 | $123,714,088 |
Good Neighbors Global Partnership Center Tustin, CA | $7,369,016 | $74,277,628 |
Give2asia Oakland, CA | $46,076,655 | $66,536,782 |
International Relief Teams San Diego, CA | $7,706,512 | $52,337,669 |
Armenia Artsakh Fund Inc Northridge, CA | $19,924 | $33,562,642 |
Global Operations And Development- Giving Children Hope Buena Park, CA | $8,064,213 | $30,512,149 |
Eden Reforestation Projects Glendora, CA | $7,036,830 | $26,588,598 |
Mission Without Borders International Camarillo, CA | $12,905,795 | $20,022,100 |
Assist International Inc Ripon, CA | $15,283,547 | $16,657,420 |
Maranatha Volunteers International Inc Roseville, CA | $22,832,161 | $24,229,076 |
Alliance For Medical Outreach And Relief Fresno, CA | $15,431,819 | $11,809,946 |
Iris Global Redding, CA | $6,251,509 | $13,219,595 |