Asia Connection Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL CERRITO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $204K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+2.9% YoY
Annual Giving
$204K
-28.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$41K
-28.5% YoY
Under IRS private-foundation payout rules, Asia Connection Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Asia Connection Inc
Based on IRS filings
Asia Connection Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL CERRITO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $204K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,632,993 | $1,587,288 | $1,468,840 |
| Revenue | $303,926 | $356,903 | $769,608 |
| Expenses | $302,651 | $312,647 | $237,592 |
| Qualifying Distributions | $203,921 | $285,100 | $215,375 |
| Net Investment Income | — | — | — |
| Distributable Amount | $7,693 | $7,379 | $10,054 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kailakuri Health Care ($145,000), Sisters of the Miraculour Medal ($36,500), Asvho-social Welfare ($8,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SISTERS OF THE MIRACULOUR MEDAL | HEALTHCARE, EDUCATION, SOCIAL WELFAR | $36,500 |
| SISTERS OF ST VINCENT DE PAUL | HEALTHCARE, EDUCATION, SOCIAL WELFAR | $6,000 |
| NGUYEN NGA CENTER | HEALTHCARE, EDUCATION, SOCIAL WELFAR | $7,921 |
| KAILAKURI HEALTH CARE | MEDICAL NEEDS AND OPERATIONS | $145,000 |
| ASVHO-SOCIAL WELFARE | HEALTH CARE,EDUCATION,SOCIAL WELFARE | $8,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN HAVICAN | CHAIRMAN | 0.5 | — |
| TED ROSE | TREASURER | 2 | — |
| LILY ACKERMAN | SECRETARY | 0.5 | — |
| MARY HELD | VICE CHAIR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Asia Connection Inc?
Asia Connection Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL CERRITO, CA. It holds $1.6M in total assets as of 2024.
How large is Asia Connection Inc?
As of 2024, Asia Connection Inc holds $1.6M in total assets with $304K in annual revenue. It awarded 5 grants totaling $204K in 2024.
What size grants does Asia Connection Inc award?
In 2024, Asia Connection Inc awarded 5 grants totaling $204K — an average of about $41K per grant, based on its IRS Form 990 filings.
How much is Asia Connection Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Asia Connection Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Asia Connection Inc's EIN?
Asia Connection Inc's EIN (Employer Identification Number) is 59-3619790. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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