2025-11-15T02:15:18-07:00 2024-12-31 262176601 EASY OFFICE DBA JITASA 1120 S RACKHAM WAY SUITE 300 MERIDIAN ID 83642 990 2024-01-01 943201522 ASIAN PACIFIC FUND ASIA 4153959985 345 CALIFORNIA STREET 7TH FLOOR SAN FRANCISCO CA 94104 TAMARA CHAO PRESIDENT & EXECUTIVE DIRECTOR 4153959985 2025-11-15 1 1 JEREMY CORK P01544850 2082874777 2025-11-15 2024 2025-03-06 01:10:19Z TAMARA CHAO 345 CALIFORNIA STREET 7TH FLOOR SAN FRANCISCO CA 94104 8366887 0 X WWW.ASIANPACIFICFUND.ORG X 1993 CA TO UPLIFT BAY AREA ASIAN AMERICANS, NATIVE HAWAIIANS, AND PACIFIC ISLANDERS (AANHPIS) BY MOBILIZING RESOURCES AND AMPLIFYING OUR VOICES TO DRIVE POSITIVE CHANGE AND CREATE AN INCLUSIVE THRIVING SOCIETY. 13 13 9 36 0 0 4177405 2304927 6950 156212 880460 1093970 -135435 94079 4929380 3649188 1760536 1791708 0 992604 1151057 0 190278 447845 505613 3200985 3448378 1728395 200810 24282548 25698240 89468 114709 24193080 25583531 TO UPLIFT BAY AREA ASIAN AMERICANS, NATIVE HAWAIIANS, AND PACIFIC ISLANDERS (AANHPIS) BY MOBILIZING RESOURCES AND AMPLIFYING OUR VOICES TO DRIVE POSITIVE CHANGE AND CREATE AN INCLUSIVE THRIVING SOCIETY. 0 0 977408 584542 79196 GENERAL PROGRAMS - APF OFFERS GRANTS AND SERVICES TO NONPROFITS NATIONALLY TO SUPPORT AND IMPROVE EDUCATIONAL OUTCOMES, LANGUAGE ACCESS, AND INCREASE CIVIC ENGAGEMENT. IN 2024, THE FUND HOSTED TRAININGS ONLINE AND IN PERSON ON THE TOPICS OF STRATEGIC COMMUNICATIONS, FUNDRAISING, EXECUTIVE TRANSITIONS, AND NONPROFIT FINANCE. 618484 172166 77016 EDUCATION - APF DISTRIBUTES SCHOLARSHIPS TO HIGH SCHOOL, UNDERGRADUATE, AND GRADUATE STUDENTS AND OFFERS LEADERSHIP DEVELOPMENT PROGRAMMING TO INCREASE ACCESS TO AND RETENTION IN HIGHER EDUCATION. 550000 550000 0 SMALL GRANTS PROGRAM - APF DISTRIBUTES GRANTS TO NONPROFITS IN THE BAY AREA TO SUPPORT CAPACITY BUILDING PROJECTS THAT RANGED FROM FUNDRAISING TO STAFF WELLNESS INITIATIVES. IN 2024, THE FUND AWARDED $25,000 EACH TO 22 ORGANIZATIONS. 558127 485000 0 OTHER PROGRAMS INCLUDE THE ACT AND MENTAL HEALTH RELATED EXPENSES. 558127 485000 0 2704019 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X X ASIAN PACIFIC FUND 4153959985 345 CALIFORNIA STREET 7TH FLOOR SAN FRANCISCO CA 94104 CAROLYN WANG KONG PRESIDENT & EXECUTIVE DIRECTOR 40 X 246000 0 0 GURPREET TUNG DIRECTOR OF DEVELOPMENT 40 X 157154 0 8086 MARYANN TREBLE DIRECTOR OF FINANCE & OPERATIONS 40 X 129898 0 11063 TAVAE SAMUELU DIRECTOR OF COMMUNITY INITIATIVES & GRANTMAKING 40 X 128680 0 7994 TOM COLE CHAIR 1.5 X X 0 0 0 EMERALD YEH SECRETARY 1.5 X X 0 0 0 NELSON ISHIYAMA TREASURER (THROUGH JULY 2024) 1.5 X X 0 0 0 KAI HONG TREASURER (AS OF AUG 2024) 1.5 X X 0 0 0 NEEL CHATTERJEE BOARD MEMBER 0.5 X 0 0 0 ROSALYN CHEN BOARD MEMBER 0.5 X 0 0 0 KATHY CHOU BOARD MEMBER 0.5 X 0 0 0 RUPAL HOLLENBECK BOARD MEMBER 0.5 X 0 0 0 JAN KANG BOARD MEMBER 0.5 X 0 0 0 MARGARET LAPIZ BOARD MEMBER 0.5 X 0 0 0 MICHELE LAU BOARD MEMBER 0.5 X 0 0 0 RAJ MATHAI BOARD MEMBER 0.5 X 0 0 0 CARINA RUIZ SINGH BOARD MEMBER 0.5 X 0 0 0 661732 0 27143 4 0 1 0 0 0 0 269574 0 0 2035353 67536 2304927 PROGRAM FEES 900099 79196 79196 0 0 API SUMMIT 900099 77016 77016 0 0 0 0 0 0 156212 857424 0 0 857424 0 0 0 0 0 0 0 0 0 0 4746250 0 4509704 0 236546 0 236546 236546 0 0 275705 269574 207995 67710 0 67710 MISCELLANEOUS REVENUE 900099 26369 26369 0 0 0 0 0 0 26369 3649188 419127 0 925134 1619542 1619542 172166 172166 661731 369303 189595 102833 333629 186194 95589 51846 81694 43146 28880 9668 74003 44402 19652 9949 3525 3525 91292 91292 137374 95872 34036 7466 28169 14366 13573 230 17778 10667 4599 2512 18482 11089 4908 2485 87073 62866 21157 3050 11464 124 11340 7720 7720 6887 6887 ADMINISTRATIVE AND MERCHANT FEES 85416 74282 10895 239 MEMBERSHIP DUES AND SUBSCRIPTIONS 10433 0 10433 0 3448378 2704019 554081 190278 806111 745369 137790 52900 456500 9758 8570 55289 49925 13085 5364 23459480 24281835 1956 2070 24282548 25698240 88468 114709 1000 0 89468 114709 X 9051153 9407868 15141927 16175663 24193080 25583531 24282548 25698240 200810 1269914 0 -80273 0 0 X 0 1 X 1 0 X 1700931 15062655 2407653 4177405 2304927 25653571 1700931 15062655 2407653 4177405 2304927 25653571 2402533 23251038 268390 426772 518062 826287 857424 2896935 1450 2500 50 26369 30369 28580875 45006899 0.81352 0.8312 X Schedule A, Part II, Line 10 OTHER REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 0 228269 0 188836 0 1889989 0 1 1 15347110 41000 1889021 0 766928 0 16510203 11369982 2510103 2037018 0 569993 0 15347110 14076968 9310 -2163374 0 552922 0 11369982 13010237 4037 1597306 0 534612 0 14076968 11911067 374886 1256480 0 482259 49937 13010237 0.15142 0.68229 0.16629 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55289 49925 5364 0 0 0 0 5364 0 0 X 4768570 1269914 0 0 -84490 1185424 3583146 0 66042 66042 3649188 3378119 0 0 0 -8154 -8154 3386273 0 62105 62105 3448378 Schedule D, Part V, Line 4 THE ENDOWMENT FUNDS WERE SET UP TO PROVIDE A PERMANENT SOURCE OF INCOME TO SUPPORT THE FUND'S WORK - FOR GENERAL OPERATIONS AND PROGRAM OPERATING COSTS, AWARDS AND SCHOLARSHIPS TO SUPPORT HIGHER EDUCATION FOR QUALIFIED STUDENTS OR INDIVIDUALS, OR GRANTS IN SUPPORT OF OTHER NON-PROFIT ORGANIZATION'S GOALS. Schedule D, Part X, Line 2 THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. IN ADDITION, THE FUND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). HOWEVER, INCOME FROM ACTIVITIES NOT RELATED TO THE FUND'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. EACH YEAR, MANAGEMENT CONSIDERS WHETHER THE FUND HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS, INCLUDING WHETHER THE FUND HAS ENGAGED IN ANY ACTIVITIES THAT COULD AFFECT THE FUND'S INCOME TAX STATUS OR RESULT IN TAXABLE INCOME. MANAGEMENT BELIEVES THAT ANY POSITIONS THE FUND HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THE FUND DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2d INVESTMENT FEES AND API SUMMIT DIRECT COSTS. Schedule D, Part XI, Line 4b SERVICE CHARGE REVENUE AND IN-KIND EXPENSES. Schedule D, Part XII, Line 2d IN-KIND EXPENSES Schedule D, Part XII, Line 4b ADMINISTRATIVE FEES AND API SUMMIT DIRECT COSTS. ANNUAL GALA 545279 269574 275705 0 0 0 68980 0 139015 0 0 545279 269574 275705 0 0 0 68980 0 139015 207995 67710 1 ASIAN HEALTH SERVICES 101 8TH STREET STE 100 OAKLAND CA 94607 942235908 501(C)(3) 115000 BOOK TENCENT GRANT CHINESE FOR AFFIRMATIVE ACTION 17 WALTER U LUM PLACE SAN FRANCISCO CA 94108 942161304 501(C)(3) 100000 BOOK RESILIENCY AND RECOVERY GRANT (LAVENDER PHOENIX) ALL MY USOS 150 EXECUTIVE PARK BLD STE 3000 SAN FRANCISCO CA 94134 825041780 501(C)(3) 100000 BOOK ACT GRANT REGENTS OF THE UNIVERSITY OF CALIFORNIA SF 1855 FOLSOM ST STE 425 SAN FRANCISCO CA 94103 946036493 501(C)(3) 75000 BOOK MENTAL HEALTH RESEARCH COMMUNITY YOUTH CENTER OF SAN FRANCISCO 1038 POST STREET SAN FRANCISCO CA 94109 941728818 501(C)(3) 60000 BOOK TENCENT GRANT CHINESE PROGRESSIVE ASSOCIATION 1042 GRANT AVE 5TH FL SAN FRANCISCO CA 94133 237404756 501(C)(3) 54000 BOOK GRANT FOR AFFILIATE SKILL SHARE NARIKA PO BOX 1708 FREMONT CA 94538 943162871 501(C)(3) 50000 BOOK RESILIENCY AND RECOVERY GRANT CENTER FOR EMPOWERING REFUGEES AND IMMIGRANTS 554 GRAND AVE OAKLAND CA 94610 760822958 501(C)(3) 50000 BOOK RESILIENCY AND RECOVERY GRANT SANTA CLARA COUNTY ASIAN LAW ALLIANCE 991 W HEDDING ST 202 SAN JOSE CA 95126 942439581 501(C)(3) 50000 BOOK RESILIENCY AND RECOVERY GRANT FILIPINO ADVOCATES FOR JUSTICE 310 8TH STREET 309 OAKLAND CA 94607 942218907 501(C)(3) 50000 BOOK ACT GRANT KOREAN AMERICAN COMMUNITY SERVICES 136 BURTON AVE SAN JOSE CA 95112 942659848 501(C)(3) 50000 BOOK ACT GRANT LEAD FILIPINO 38 S SECOND ST SAN JOSE CA 95113 852095347 501(C)(3) 50000 BOOK ACT GRANT SAN FRANCISCO PUBLIC HEALTH FOUNDATION 1 HALLIDIE PLAZA SUITE 808 SAN FRANCISCO CA 94108 943117093 501(C)(3) 50000 BOOK ACT GRANT BINDLESTIFF STUDIO 185 6TH STREET SAN FRANCISCO CA 94103 043739923 501(C)(3) 50000 BOOK ACT GRANT AMERICA'S FRONTIER FUND 2550 SOUTH CLARK STREET SUITE 610 ARLINGTON VA 22202 872465999 501(C)(3) 50000 BOOK GENERAL GRANT HELPING HANDS EAST BAY 2447 SANTA CLARA AVE STE 201 ALAMEDA CA 94501 475078371 501(C)(3 40000 BOOK MING YI FOUNDATION GRANT MUSLIM AMERICAN LEADERSHIP ALLIANCE 47 W DIVISION ST CHICAGO IL 60610 473812096 501(C)(3) 39000 BOOK GENERAL GRANT AAPI WOMEN LEAD PO BOX 10135 490 LAKE PARK AVE OAKLAND CA 94610 365065274 501(C)(3) 35000 BOOK GRANT FOR SAFETY AND DIGITAL SECURITY MEASURES TAULAMA FOR TONGANS 1650 S AMPHLETT BLVD SAN MATEO CA 94402 680488293 501(C)(3) 33371 BOOK RESILIENCY AND RECOVERY GRANT KULTIVATE LABS - KOHO 1010 MISSION ST SAN FRANCISCO CA 94103 821081068 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT YU-AI KAI 588 N FOURTH STREET SAN JOSE CA 95112 942427398 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT ASIAN WOMEN'S SHELTER 3543 18TH STREET 19 SAN FRANCISCO CA 94110 943030212 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT KEARNY STREET WORKSHOP 1246 FOLSOM ST SAN FRANCISCO CA 94103 943207003 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT SOUTHEAST ASIAN DEVELOPMENT CENTER 166 EDDY ST SAN FRANCISCO CA 94102 942532304 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT APA FAMILY SUPPORT SERVICES 10 NOTTINGHAM PLACE SAN FRANCISCO CA 94133 943164091 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT API CULTURAL CENTER INC 388 9TH ST SUITE 290 OAKLAND CA 94607 731649335 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT ANGEL ISLAND IMMIGRATION STATION FOUNDATION 870 MARKET STREET SUITE 901 SAN FRANCISCO CA 94102 942909759 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT SAMOAN COMMUNITY DEVELOPMENT CENTER 2055 SUNNYDALE AVE SAN FRANCISCO CA 94134 770290646 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT CENTER FOR EMPOWERED POLITICS EDUCATION FUND 1212 BROADWAY STE 700 OAKLAND CA 94612 843636499 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY (GRANT FOR SEEDING CHANGE) WAH MEI SCHOOL 1400 JUDAH ST SAN FRANCISCO CA 94122 237321428 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY GRANT ASIAN PACIFIC ENVIRONMENTAL NETWORK 426 17TH STREET STE 500 OAKLAND CA 94612 943261846 501(C)(3) 25000 BOOK RESILIENCY AND RECOVERY (GRANT FOR AYPAL) ASIAN IMMIGRANT WOMEN ADVOCATES 310 8TH STREET 301 OAKLAND CA 94607 942977665 501(C)(3) 25000 BOOK RAPID RESPONSE GRANT MAITRI PO BOX 697 SANTA CLARA CA 95052 943132087 501(C)(3) 25000 BOOK RAPID RESPONSE GRANT VIETNAMESE AMERICAN COMMUNITY CENTER OF THE EAST BAY 198 E 14TH STREET SAN LEANDRO CA 94577 205358946 501(C)(3) 25000 BOOK GENERAL GRANT NIHONMACHI LEGAL OUTREACH 310 8TH STREET STE 305 OAKLAND CA 94607 942583284 501(C)(3) 25000 BOOK RAPID RESPONSE GRANT JOY CULTURE FOUNDATION 934 SANTA CRUZ AVE STE A MENLO PARK CA 94025 851605425 501(C)(3) 15000 BOOK MING YI FOUNDATION GRANT DONALDINA CAMERON HOUSE 920 SACRAMENTO ST SAN FRANCISCO CA 94108 941618605 501(C)(3) 15000 BOOK MING YI FOUNDATION GRANT SAN FRANCISCO STATE UNIVERSITY FOUNDATION 1600 HOLLOWAY AVE ADM 153 SAN FRANCISCO CA 94132 261169717 501(C)(3) 15000 BOOK GENERAL GRANT FILIPINO BAR ASSOCIATION OF NORTHERN CALIFORNIA 268 BUSH ST 2928 SAN FRANCISCO CA 94104 472926743 501(C)(3) 12500 BOOK GENERAL GRANT AABA LAW FOUNDATION PO BOX 387 SAN FRANCISCO CA 94104 943159500 501(C)(3) 10000 BOOK JUSTICE GRANT NFALA FOUNDATION 1901 1ST AVE STE 124 SAN DIEGO CA 92101 832413235 501(C)(3) 10000 BOOK GENERAL GRANT FOCUS FOR DEMOCRACY FUND 1200 G STREET NW STE 800 WASHINGTON DC 20005 933922232 501(C)(3) 10000 BOOK GENERAL GRANT 42 0 SCHOLARSHIPS 34 172166 BOOK Schedule I, Part I, Line 2 FOR APF PROGRAM GRANTS, GRANTEE ORGANIZATIONS ARE REQUIRED TO SUBMIT REPORTS ON HOW THE FUNDS WERE UTILIZED. FOR RENEWABLE SCHOLARSHIP GRANTS, STUDENTS ARE REQUIRED TO FORWARD THEIR TRANSCRIPTS AND SEND UPDATE LETTERS/REPORTS ON THEIR SCHOOL EXPERIENCE. X X 0 0 0 0 0 0 0 0 0 CAROLYN WANG KONG PRESIDENT & EXECUTIVE DIRECTOR 246000 0 0 0 0 0 0 0 0 0 246000 0 0 0 GURPREET TUNG DIRECTOR OF DEVELOPMENT 157154 0 0 0 0 0 0 0 8086 0 165240 0 0 0 X 2 59382 FMV X APF GALA IN-KIND DONATIONS 5 8154 FMV 0 0 1 0 Form 990, Part VI, Section B, Line 11b PRIOR TO FILING, THE RETURN IS SENT ELECTRONICALLY TO THE ENTIRE BOARD OF DIRECTORS WITH A DEADLINE TO RESPOND WITH QUESTIONS OR COMMENTS. Form 990, Part VI, Section B, Line 12c WE REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH OUR CONFLICT OF INTEREST POLICY AT THE ANNUAL RETREAT OF THE BOARD OF DIRECTORS, EACH DIRECTOR IS ASKED TO REVIEW AND SIGN A PERSONAL STATEMENT. THE RESPONSES ARE REVIEWED. NO DIRECTOR HAS YET REPORTED A CONFLICT OF INTEREST. IF ONE WERE NOTED, THIS WOULD BE DISCUSSED WITH THAT INDIVIDUAL DIRECTOR, DISCLOSED TO THE CHAIRMAN AND STEPS TAKEN TO ELIMINATE THE CONFLICT FORTHWITH THE SIGNED STATEMENTS ARE RETAINED AS PART OF CORPORATE RECORDS. Form 990, Part VI, Section B, Line 15 AN ANNUAL PERFORMANCE REVIEW FOR THE PRESIDENT/EXECUTIVE DIRECTOR IS CREATED THAT INCLUDES FEEDBACK FROM ALL BOARD MEMBERS AND STAFF. ANY CHANGES IN COMPENSATION INCLUDE A CONSIDER ACTION OF COMPARABLES AND THE ANNUAL PERFORMANCE REVIEW. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. A SUMMARY OF THE FINANCIAL STATEMENT IS POSTED ON-LINE ON THE ORGANIZATION'S WEBSITE. 990 FORMS CAN BE FOUND ONLINE VIA GUIDESTAR.ORG I IRS.GOV WEBSITES.