Asian Pacific Community Fund Of Southern California is located in Los Angeles, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Asian Pacific Community Fund Of Southern California employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Pacific Community Fund Of Southern California 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, Asian Pacific Community Fund Of Southern California generated $14.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 25.0% 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 2014, Asian Pacific Community Fund Of Southern California has awarded 184 individual grants totaling $3,344,098. 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
TO PROMOTE PHILANTHROPY ADDRESSING THE DIVERSE NEEDS OF ASIAN PACIFIC ISLANDERS IN SOUTHERN CALIFORNIA. IT PROVIDES FUNDING TO 62 AFFILATE AGENCIES SERVICNG HUNDREDS OF THOUSANDS OF CLIENTS, THE MAJORITY OF WHOM LIVE IN LOW-INCOME AND IMMIGRANT ASIAN AND PACIFIC ISLANDER COMMUNITIES. OUR AFFILIATES PROVIDE A BROAD RANGE OF CRITICALLY NEEDED SERVICES, INCLUDING: AFTER SCHOOL PROGRAMS, CHILD CARE, DISABLED ASSISTANCE, HEALTH CARE, LEGAL SEVICES, LOW-INCOME HOUSING, SENIOR SERVICES, VIOLENCE PROTECTION AND MORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, TOGETHER WITH APCF'S 62 NETWORK AGENCIES IN LOS ANGELES AND ORANGE COUNTIES, WE SERVE OVER 2.57 MILLION PEOPLE ANNUALLY, PRIMARILY LOW-INCOME, IMMIGRANT AAPIS, WITH PROGRAMS AND SERVICES IN 34 AAPI LANGUAGES, AS WELL AS ENGLISH AND SPANISH.AS AN AAPI-FOCUSED COMMUNITY FUND, APCF BELIEVES THAT OUR DIVERSE COMMUNITIES ARE BEST SERVED BY NONPROFITS THAT SPEAK OUR LANGUAGES, KNOW OUR CULTURES, AND HAVE THE TRUST OF OUR COMMUNITY MEMBERS. APCF CONTINUES TO BE RESPONSIVE TO MEET THE EVOLVING NEEDS OF OUR AAPI NONPROFIT SECTOR WITH THE FOLLOWING:1. CREATED NEW GRANT FUNDING IN RESPONSE TO OUR CALL FOR PHILANTHROPY TO MAKE TIMELY AND SIGNIFICANT INVESTMENTS IN OUR LOCAL AAPI NONPROFIT SECTOR WHEN OUR COMMUNITIES NEED HELP THE MOST - RESULTING IN 2021'S SO CAL GAS AAPI RACIAL EQUITY & SOLIDARITY FUND, AAPI COVID-19 RECOVERY FUND, AND WOMEN LEADERSHIP IN PHILANTHROPY FUND.2. CO-HOSTED THE ANNUAL #GIVEINMAY CAMPAIGN TO RAISE FUNDS NATIONWIDE FOR AAPI COMMUNITIES DURING ASIAN PACIFIC AMERICAN HERITAGE MONTH - OVER $725,000 WAS RAISED FOR 170 NONPROFITS+ IN 2021, NEARLY TRIPLING THE PREVIOUS YEAR'S FIGURES.3. DEVELOPED AN AAPI NONPROFIT PROGRAMS MATRIX TO HELP DONORS NAVIGATE AND DIRECT THEIR GIVING FOR THE GREATEST IMPACT TO LOCAL AAPI COMMUNITIES, WITH CATEGORIES THAT INCLUDE COVID-RELATED SERVICES SUCH AS VACCINATIONS AND FOOD DELIVERIES AS WELL AS ADDRESSING ANTI-ASIAN HATE.4. SUPPORTED AAPI NONPROFIT EXECUTIVE DIRECTORS BY HOSTING PEER-TO-PEER NETWORK (AAPI NP ED P2P) AND LAUNCHING AAPI NONPROFIT FINANCIAL LEADERSHIP PROJECT : AS AAPI NONPROFIT SECTOR FACES INCREASING CHALLENGES IN SUCCESSION PLANNING AND LEADERSHIP TRANSITIONS, APCF CONSIDERS IT IS CRUCIAL TO SUPPORT EMERGING LEADERS TO NOT ONLY REMAIN BUT TO THRIVE IN THEIR POSITIONS. FROM FEEDBACK WE RECEIVED FROM AAPI NP ED P2P PARTICIPANTS, IN THE FALL OF 2021 APCF LAUNCHED AN EXCITING NEW INITIATIVE ON THE FINANCIAL CAPACITY OF LOCAL AAPI NONPROFITS TO STRENGTHEN THEIR IMPACT AS IT RELATES TO MISSION DELIVERY IN THE FACE OF UNCERTAINTY. IN PARTNERSHIP WITH THE NONPROFIT FINANCE FUND, APCF INVITED ALL EIGHT MEMBERS OF OUR AAPI NP ED P2P COHORTS TO JOIN IN COHORT-BASED LEARNING CONVENINGS AS WELL AS CUSTOMIZED FINANCIAL ANALYSIS AND INDIVIDUAL COACHING. WITH A FOCUS ON SMALLER NONPROFITS WITH LESS THAN $1 MILLION BUDGETS, THESE EXECUTIVE DIRECTORS REPRESENT A NEW GENERATION OF AAPI LEADERS WHO ARE POISED TO STRENGTHEN THEIR NONPROFIT'S FINANCIAL HEALTH MANAGEMENT CAPACITY WHILE UNDERSTANDING THE STRENGTHS AND CHALLENGES OF THEIR CURRENT BUSINESS MODEL AND CAPITAL STRUCTURE.5. COMPREHENSIVE ONLINE COVID-19 FUNDING & RESOURCE DIRECTORY AS A ONE-STOP GUIDE TO HELP OUR NONPROFITS, SMALL BUSINESSES, AND COMMUNITY-AT-LARGE IMPACTED BY COVID-19. UPDATED REGULARLY, APCF VETS AND POSTS TIMELY SOURCES OF RAPID RESPONSE FUNDS, UTILITY BILL RELIEF, SMALL BUSINESS ASSISTANCE, PUBLIC HEALTH UPDATES, AND MORE.6. COMMUNITY EVENTS PAGE TO INCLUDE ONGOING FREE WEBINARS AND OTHER CAPACITY BUILDING/TECHNICAL ASSISTANCE VIRTUAL WORKSHOPS IN BOARD LEADERSHIP PROGRAM AND MEET THE FUNDERS. IN 2021 WE HOSTED A SERIES OF FUNDER BRIEFINGS FOCUSING ON AAPI COMMUNITIES IN ORANGE COUNTY, WITH SESSIONS COVERING HISTORICAL OVERVIEWS, CIVIC ENGAGEMENT, ECOSYSTEM OF THE AAPI NONPROFIT SECTOR, COVID-19 RESPONSE, AND TARGETED PHILANTHROPIC INVESTMENT IN AAPI COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chun-Yen Chen Executive Director | Officer | 40 | $145,922 |
Michael Lee Chairman | OfficerTrustee | 1 | $0 |
Tony Chou Vice-Chair | OfficerTrustee | 1 | $0 |
Wendy On Treasurer | OfficerTrustee | 1 | $0 |
Jason Yu Secretary | OfficerTrustee | 1 | $0 |
Annie Chen Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $141,377 |
All other contributions, gifts, grants, and similar amounts not included above | $13,674,442 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,815,819 |
Total Program Service Revenue | $0 |
Investment income | $399,426 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $413,067 |
Net Income from Fundraising Events | $225,976 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,854,288 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,815,634 |
Grants and other assistance to domestic individuals. | $281,000 |
Grants and other assistance to Foreign Orgs/Individuals | $45,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $145,922 |
Compensation of current officers, directors, key employees. | $29,185 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $276,523 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $32,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $11,199 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,899 |
Travel | $707 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,523 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $34,802 |
All other expenses | $11,327 |
Total functional expenses | $3,838,155 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,519,738 |
Pledges and grants receivable | $0 |
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 | $72,270 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $23,115,820 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $879 |
Total assets | $25,708,707 |
Accounts payable and accrued expenses | $155,907 |
Grants payable | $0 |
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 | $155,907 |
Net assets without donor restrictions | $6,230,220 |
Net assets with donor restrictions | $19,322,580 |
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 | $25,708,707 |
Over the last fiscal year, Asian Pacific Community Fund Of Southern California has awarded $2,390,751 in support to 91 organizations.
Grant Recipient | Amount |
---|---|
Irvine, CA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $241,998 |
Rosemead, CA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $122,000 |
Alexandria, VA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $110,000 |
San Marino, CA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $100,000 |
Menlo Park, CA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $100,000 |
Rosemead, CA PURPOSE: SEE SCHEDULE O MISSION STATEMENT. | $90,000 |
Over the last fiscal year, we have identified 9 grants that Asian Pacific Community Fund Of Southern California has recieved totaling $650,522.
Awarding Organization | Amount |
---|---|
Asian Pacific Fund San Francisco, CA PURPOSE: GENERAL SUPPORT | $300,000 |
The California Wellness Foundation Los Angeles, CA PURPOSE: FOR CORE OPERATING SUPPORT TO STRENGTHEN THE ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALIFORNIA'S CAPACITY TO SUSTAIN ASIAN-PACIFIC ISLANDER-LED AND API SERVING ORGANIZATIONS IN SOUTHERN CALIFORNIA. | $200,000 |
California Healthcare Foundation Oakland, CA PURPOSE: COMMUNITY RESILIENCE SUPPORT GRANT FOR ASIAN PACIFIC COMMUNITY FUND | $100,000 |
Ecmc Foundation Minneapolis, MN PURPOSE: General Support | $20,000 |
1622 Mgd Foundation Philadelphia, PA PURPOSE: UNRESTRICTED | $10,000 |
Price Philanthropies Foundation La Jolla, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |