2024-08-13T21:04:21-07:00 2023-09-30 810926770 NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS 40 WALL ST 32ND FL NEW YORK NY 10005 990 2022-10-01 651284462 ASCEND FOUNDATION INC ASCE 2122484888 160 BROADWAY 6TH FL EAST BUILDING NEW YORK NY 10038 JEFF CHIN Treasurer 2024-08-14 true true NINA BAHAZHEVSKA P00468170 2127850100 2022 2024-08-08 14:25:15Z JEFF CHIN 160 BROADWAY 6TH FL EAST BUILDING NEW YORK NY 10038 3035592 false X N/A X 2006 NY The Ascend Foundation is a 501(c)(3) non-profit organization that drives and supports initiatives that make a positive impact for the API community at work across all major global industries. The Ascend Foundation delivers educational initiatives and community focused programs, publishes research and thought leadership reports, and awards merit and need based scholarships to enable, elevate, and empower Pan-Asians to become leaders, innovators, role models, and catalysts for workplace, community, and societal change. Together with Ascend, the ?rst and largest global network advancing API professionals in the workplace, Ascend Foundation is uniquely positioned to mobilize our constituents and galvanize allies to tackle long standing biases that impact our workforce and society at large. 5 5 7 60 0 1184648 2454852 1530750 113500 10204 124558 0 2725602 2692910 141000 120000 0 575599 382044 0 294890 418096 810086 1134695 1312130 1590907 1380780 5112329 7258000 645983 842752 4466346 6415248 The Ascend Foundation is a 501(c)(3) non-profit organization that drives and supports initiatives that make a positive impact for the API community at work across all major global industries. The Ascend Foundation delivers educational initiatives and community focused programs, publishes research and thought leadership reports, and awards merit and need based scholarships to enable, elevate, and empower Pan-Asians to become leaders, innovators, role models, and catalysts for workplace, community, and societal change. Together with Ascend, the ?rst and largest global network advancing API professionals in the workplace, Ascend Foundation is uniquely positioned to mobilize our constituents and galvanize allies to tackle long standing biases that impact our workforce and society at large. false false 635725 Other miscellanesous programs:ASCEND Foudation, INC. PROVIDES OTHER MISCELLANEOUS PROGRAMS IN AN EFFORT TO CULTIVATE AND ADVANCE PAN-ASIAN PROFESSIONALS. 314380 Ascend PinnacleAscend Pinnacle is an initiative focused on Pan-Asian corporate board directors that aims to further support and strengthen networking amongst the group, sharing common business interests, and developing candidates for future Board service. The vision of Ascend Pinnacle is to help corporations enhance their business objectives by increasing the number of Asian American corporate board directors. Ascend Pinnacle was launched in 2014 and is the only network of its kind. Ascend Pinnacle hosts the Asian Corporate Directors Summit, an annual event for Asian American experienced corporate directors and senior corporate executives; the Aspiring Director Academy (ADA), a year round cohort based Board readiness program for senior executives who aspire to join a public company or large private company board in the next 1-3 years; regional roundtable events held in major cities throughout the year; and engages in thought leadership regarding corporate board issues. 950105 true true false false false false false false false false false true false false true true false true false false false false false false true false false false true true false false false false false false false false false false false false false true false false false true 0 0 false 7 true false false false false false true true false 0 false false false false false false false X 5 5 false false false false false false false true true false true true true true true true true true true true false NY X Winnie Li 2122484888 160 BROADWAY 6TH FL EAST BUILDING NEW YORK NY 10038 Lawrence Low COO 10.00 30.00 X 0 200000 13948 Peyen Fong Director 10.00 30.00 140000 0 0 ANNA MOK President 5.00 0.00 X X 0 0 0 JEFF CHIN Treasurer 1.00 0.00 X X 0 0 0 Jenny C Wei Board member 0.50 0.00 X 0 0 0 Dylan Jeng Board member 0.50 0.00 X 0 0 0 Sandeep Gupta Board member 0.50 0.00 X 0 0 0 140000 200000 13948 1 false true false 0 1034520 1420332 2454852 PROGRAM SERVICE FEES 900099 113500 113500 113500 124839 124839 0 0 0 7370 7651 -281 -281 -281 335031 1034520 335031 0 0 0 0 2692910 113500 124558 X 0 120000 120000 0 0 0 0 320389 243566 21001 55822 0 37455 28474 2455 6526 24200 18397 1587 4216 0 3575 3575 0 0 0 8900 8900 404217 241558 5674 156985 14654 14654 30347 9203 99 21045 0 0 44193 34291 2707 7195 39039 13457 25582 0 243274 236671 6603 0 0 0 4446 1999 173 2274 Other 12361 2489 6310 3562 Printing and Publications 5080 5080 0 1312130 950105 67135 294890 4018524 1878024 41464 42012 31500 200000 122000 0 0 0 0 202511 46396 0 818330 3915582 1017013 0 0 36973 5112329 7258000 9720 42889 510510 251900 125753 547963 645983 842752 X 4414346 6088418 52000 326830 4466346 6415248 5112329 7258000 1380780 18121 550001 X false true X true false X 421913 427165 1988712 1184648 2454852 6477290 763850 918850 1530750 113500 3326950 0 0 0 421913 1191015 2907562 2715398 2568352 9804240 15000 15000 25000 10000 20000 85000 0 15000 15000 25000 10000 20000 85000 9719240 10192 6114 2799 10204 124839 154148 0 10192 6114 2799 10204 124839 154148 0 0 432105 1197129 2910361 2725602 2693191 9958388 0.97600 0.99600 0.01550 0.00400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1017013 Due to Ascend Inc. 508093 Operating lease liability 39870 547963 X 2702131 18121 18121 2684010 8900 8900 2692910 1303230 1303230 8900 8900 1312130 Part X : FIN48 Footnote ASCEND FOUNDATION, INC. IS EXEMPT FROM INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. ASCEND FOUNDATION, INC. HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. ASCEND FOUNDATION, INC. DOES NOT ANTICIPATE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. PERIODS ENDING IN 2020 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. X X X X X false Award Dinner 995000 806611 188389 177897 1313 9179 Golf 374551 227909 146642 84571 2349 59722 1369551 1034520 335031 262468 3662 68901 335031 false 0 0 Scholarships 13 120000 false false false false false false false false false Lawrence Low COO 200000 13948 213948 Form 990, Part VI, Section B, Line 11b PROCESS THE ORGANIZATION USES TO REVIEW FORM 990: THE ACCOUNTING MANAGER COMPARES TAX RETURN TO FINANCIAL STATEMENTS AND OTHER RELEVANT DOCUMENTS. AFTER ANY CHANGES ARE MADE TAX RETURN IS FORWARDED TO BOARD FOR REVIEW prior to filing WITH IRS. Form 990, Part VI, Section B, Line 12c ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHERE OFFICERS, DIRECTORS, OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. Form 990, Part VI, Section B, Line 15a The Board does not approve specific compensation. The Organization does a comparison to other nonprofits and sets a range for employee levels that the Board reviews in connection with budget approval. Form 990, Part VI, Section B, Line 15b The Board does not approve specific compensation. The Organization does a comparison to other nonprofits and sets a range for employee levels that the Board reviews in connection with budget approval. Form 990, Part VI, Section C, Line 19 PROCESS THE ORGANIZATION USES TO MAKE DOCUMENTS AVAILABLE TO THE PUBLIC FOR INSPECTION: ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION IN ORGANIZATION'S MAIN OFFICE UPON REQUEST. ASCEND INC 160 BROADWAY 6TH FL EAST BUILDING New York NY 10038 510527847 TO PROVIDE Leadership AND PRO. DEV. NY 501(C)(6) N/A NA false false false false false true false false false false false false false false false false false false false false ASCEND INC e 508093 FMV