Asian Pacific Fund
The Asian Pacific Fund is a 501(c)(3) public charity and community foundation based in San Francisco, California. Established in 1994, the organization is dedicated to uplifting the Bay Area Asian American, Native Hawaiian, and Pacific Islander (AANHPI) community by mobilizing resources and amplifying voices to drive positive change. The organization operates as a grantmaker and manages donor-advised funds, strengthening community organizations and addressing significant funding gaps for AANHPI-serving nonprofits.
Key facts about Asian Pacific Fund
- EIN
- 94-3201522
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,588,871
- Grants made (2024)
- 42
- Average grant
- $37,830
- Median grant
- $25,000
- New grantees (estimate)
- 33% first-time grantees (14 of 42, 2024)
- Total assets
- $25,698,240
- Primary geography
- California (94% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Asian Pacific Fund funds
By grant dollars, the top recipient states for Asian Pacific Fund's 42 itemized 2024 grants were California (94%). The most frequent recipient cities were San Francisco, CA (19 grants), Oakland, CA (9 grants) and San Jose, CA (4 grants). 17% of grants with a stated purpose were for general or operating support. Recurring purposes include "Resiliency and Recovery Grant" (14 grants), "Act Grant" (6 grants) and "Ming Yi Foundation Grant" (3 grants).
Is Asian Pacific Fund open to new grantees?
33%
first-time grantees, 2024
In 2024, 14 of 42 grantees (33%) were first-time recipients. First grants averaged $40K; repeat grants $37K. How we count
Medians: $30K first-time, $25K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Asian Pacific Fund
- How to evaluate Asian Pacific Fund as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Asian Pacific Fund with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.7M
+5.8% YoY
Annual Giving
$1.6M
+4.2% YoY
Grant Count
42
-34.4% YoY
Avg Grant Size
$38K
+58.8% YoY
Mission & Focus Areas
Mission Statement: The organization's mission is to uplift Bay Area Asian Americans, Native Hawaiians, and Pacific Islanders (AANHPIs) by mobilizing resources and amplifying voices to drive positive change and create an inclusive, thriving society.
Primary Focus Areas:
- Senior and youth services
- Health and counseling
- Legal aid
- Advocacy and civic engagement
- Arts and culture
- Leadership development and recognition in higher education and philanthropy
- Scholarship programs for undergraduate and graduate students
The organization addresses a critical funding disparity: while over 32% of the Bay Area's population comprises more than 25 AANHPI ethnic groups, only $0.20 of every $100 of foundation funding is designated to AANHPI communities, and less than 1% of foundation funding goes to organizations serving AANHPIs.
Grantmaking
The organization provides grants to strengthen community organizations serving underserved AANHPIs. Recent activity includes distributing over $1 million to support Bay Area nonprofits serving the AANHPI community.
Grant Types
Ready to take the next step with Asian Pacific Fund?
Geographic Focus
Where this funder awards grants
The organization primarily funds organizations and initiatives in the Bay Area, with a specific focus on serving Asian American, Native Hawaiian, and Pacific Islander communities in the region.
Grant Distribution by State
Share of all 42 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $24,282,548–$24.3 million
- Annual Revenue: $4,929,380
- Total Expenses: $3.2 million
- Total Liabilities: $89,500
As of 2024:
- Total Assets: $25,698,240
Donor-Advised Funds: The organization operates a donor-advised fund through which donors can direct the distribution or investment of funds.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,698,240 | $24,282,548 | $20,898,995 |
| Revenue | $3,649,188 | $4,929,380 | $2,544,907 |
| Expenses | $3,448,378 | $3,200,985 | $4,661,512 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,093,970 | $880,460 | $226,591 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
339 grants across all recorded years
Open Grants
4 open opportunities from Asian Pacific Fund
Accelerating Capacity for Transformation (ACT) for AANHPIs Fund
Asian Pacific Fund
Amount
$100,000 over two years
Deadline
Rolling / Open
Accelerating Capacity for Transformation (ACT) for AANHPIs Fund
Asian Pacific Fund
Amount
$100,000
Deadline
Rolling / Open
Asian Pacific Fund Scholarship Program
Asian Pacific Fund
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Asian Health Services ($115,000), Chinese for Affirmative Action ($100,000), All My Usos ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASIAN HEALTH SERVICES Oakland, CA | TENCENT GRANT | $115,000 |
| CHINESE FOR AFFIRMATIVE ACTION San Francisco, CA | RESILIENCY AND RECOVERY GRANT (LAVENDER PHOENIX) | $100,000 |
| ALL MY USOS San Francisco, CA | ACT GRANT | $100,000 |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA SF San Francisco, CA | MENTAL HEALTH RESEARCH | $75,000 |
| COMMUNITY YOUTH CENTER OF SAN FRANCISCO San Francisco, CA | TENCENT GRANT | $60,000 |
| CHINESE PROGRESSIVE ASSOCIATION San Francisco, CA | GRANT FOR AFFILIATE SKILL SHARE | $54,000 |
| NARIKA Fremont, CA | RESILIENCY AND RECOVERY GRANT | $50,000 |
| CENTER FOR EMPOWERING REFUGEES AND IMMIGRANTS Oakland, CA | RESILIENCY AND RECOVERY GRANT | $50,000 |
| SANTA CLARA COUNTY ASIAN LAW ALLIANCE San Jose, CA | RESILIENCY AND RECOVERY GRANT | $50,000 |
| FILIPINO ADVOCATES FOR JUSTICE Oakland, CA | ACT GRANT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
President & Executive Director: Carolyn Wang Kong
Development Director: Gurpreet Tung
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carolyn Wang Kong | President & Executive Director | 40 | $246,000 |
| Gurpreet Tung | Director of Development | 40 | $157,154 |
| Maryann Treble | Director of Finance & Operations | 40 | $129,898 |
| Tavae Samuelu | Director of Community Initiatives & Grantmaking | 40 | $128,680 |
| Tom Cole | Chair | 1.5 | — |
| Emerald Yeh | Secretary | 1.5 | — |
| Nelson Ishiyama | Treasurer (Through July 2024) | 1.5 | — |
| Kai Hong | Treasurer (As of Aug 2024) | 1.5 | — |
| Neel Chatterjee | Board Member | 0.5 | — |
| Rosalyn Chen | Board Member | 0.5 | — |
| Kathy Chou | Board Member | 0.5 | — |
| Rupal Hollenbeck | Board Member | 0.5 | — |
| Jan Kang | Board Member | 0.5 | — |
| Margaret Lapiz | Board Member | 0.5 | — |
| Michele Lau | Board Member | 0.5 | — |
| Raj Mathai | Board Member | 0.5 | — |
| Carina Ruiz Singh | Board Member | 0.5 | — |
Recent News & Activity
Recent developments and announcements
**June 2025:** The Asian Pacific Fund hosted the third ACT Fund Convening focused on "Numbers and Narratives"
Chang-Lin Tien Award - Asian Pacific Fund**2024:** Distributed over $1 million to support Bay Area nonprofits serving the AANHPI community
Asian Pacific Fund | Asian Pacific Fund Distributes Over $1 Million to Support**Leadership Transition:** Recent organizational leadership changes and reflections on leadership and community engagement
Contact Information
Address: 345 California Street, Suite 700, San Francisco, CA 94104
Phone: (415) 395-9985
Email: info@asianpacificfund.org
Website: asianpacificfund.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Asian Pacific Fund fund?
**Mission Statement:** The organization's mission is to uplift Bay Area Asian Americans, Native Hawaiians, and Pacific Islanders (AANHPIs) by mobilizing resources and amplifying voices to drive positive change and create an inclusive, thriving society. **Primary Focus Areas:** • Senior and youth services • Health and counseling • Legal aid • Advocacy and civic engagement • Arts and culture • Leadership development and recognition in higher education and philanthropy • Scholarship programs for u…
How do I apply for a grant from Asian Pacific Fund?
**Grant Activity:** • Total giving in 2023: $1,760,536 • Total giving in 2024: $1,791,708 • Typical award range: $5,070–$1,400,134 **Grant Types:** The organization provides grants to strengthen community organizations serving underserved AANHPIs. Recent activity includes distributing over $1 million to support Bay Area nonprofits serving the AANHPI community. **Special Programs:** • **Chang-Lin Tien Award:** Recognizes and cultivates AANHPI leadership by honoring role models in higher educatio…
Where does Asian Pacific Fund make grants?
The organization primarily funds organizations and initiatives in the Bay Area, with a specific focus on serving Asian American, Native Hawaiian, and Pacific Islander communities in the region.
What size grants does Asian Pacific Fund award?
In 2024, Asian Pacific Fund awarded 42 grants totaling $1.6M — an average of about $38K per grant, based on its IRS Form 990 filings.
What is Asian Pacific Fund's EIN?
Asian Pacific Fund's EIN (Employer Identification Number) is 94-3201522. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Asian Pacific Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Gofundmeorg
West Hollywood, CA
Assets
$9.2M
Grants
75
Total Given
$7.2M
United Way of the Bay Area
San Francisco, CA
Assets
$31.6M
Grants
78
Total Given
$4.8M
Asian Law Caucus
San Francisco, CA
Assets
$37.4M
Grants
19
Total Given
$1.4M
East West Bank Foundation
Pasadena, CA
Assets
—
Grants
42
Total Given
$11.3M
Jessie Cheng Charitable Foundation
San Francisco, CA
Assets
$2.9M
Grants
46
Total Given
$244K
Women's Foundation of California
Oakland, CA
Assets
$18.1M
Grants
60
Total Given
$2.0M
Stupski Foundation
San Francisco, CA
Assets
$168.7M
Grants
205
Total Given
$51.5M
McNabb Foundation
Wilmington, DE
Assets
$4.8M
Grants
328
Total Given
$358K
Crankstart Foundation
San Jose, CA
Assets
$4.4B
Grants
435
Total Given
$201.3M
Mimi and Peter Haas Fund
San Francisco, CA
Assets
$177.6M
Grants
238
Total Given
$15.2M
Marguerite Casey Foundation
Seattle, WA
Assets
$876.6M
Grants
208
Total Given
$33.0M
Silicon Valley Community Foundation
Mountain View, CA
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
More Funders in California
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.