Asian American Economic Development
Asian American Economic Development is a private foundation focused on Community Improvement & Capacity Building, based in MONTEREY PARK, CA. IRS filing data is available for 2022. As of 2022, the organization holds $2.0M in total assets. In 2022, it awarded 5 grants totaling $9K. Net investment income was $119K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$2.0M
Annual Giving
$9K
Grant Count
5
Avg Grant Size
$2K
About Asian American Economic Development
Based on IRS filings
Asian American Economic Development is a private foundation focused on Community Improvement & Capacity Building, based in MONTEREY PARK, CA. IRS filing data is available for 2022. As of 2022, the organization holds $2.0M in total assets. In 2022, it awarded 5 grants totaling $9K. Net investment income was $119K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 |
|---|---|
| Total Assets | $2,043,481 |
| Revenue | $102,886 |
| Expenses | $397,921 |
| Qualifying Distributions | $9,000 |
| Net Investment Income | $119,344 |
| Distributable Amount | — |
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 2022
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Lincoln Heights Education Project I ($5,000), Edward Tran ($1,000), Carlos Campa ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EDWARD TRAN SAN GABRIEL, CA | SCHOLARSHIP | $1,000 |
| CARLOS CAMPA ALHAMBRA, CA | SCHOLARSHIP | $1,000 |
| SYDNEY NGUYEN BALDWIN PARK, CA | SCHOLARSHIP | $1,000 |
| YINGLIN ZHU MONTEREY PARK, CA | SCHOLARSHIP | $1,000 |
| LINCOLN HEIGHTS EDUCATION PROJECT I LOS ANGELES, CA | CONTRIBUTION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORMAN LEE | Executive Dir. | 40 | $130,000 |
| ANN TSUCHIYA | PROGRAM ADMIN | 40 | $48,100 |
| DANIEL CHIU | BOARD OF DIRECT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Asian American Economic Development?
Asian American Economic Development is a private foundation focused on Community Improvement & Capacity Building, based in MONTEREY PARK, CA. It holds $2.0M in total assets as of 2022.
How large is Asian American Economic Development?
As of 2022, Asian American Economic Development holds $2.0M in total assets with $103K in annual revenue. It awarded 5 grants totaling $9K in 2022.
Where does Asian American Economic Development operate?
Asian American Economic Development has awarded grants in California.
What size grants does Asian American Economic Development award?
In 2022, Asian American Economic Development awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
What is Asian American Economic Development's EIN?
Asian American Economic Development's EIN (Employer Identification Number) is 95-3214153. IRS Form 990 filing data is available on this page for 2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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