The Asia Foundation
The Asia Foundation is a public charity based in San Francisco, California, formed in 1952. It works to address social and economic challenges in Asia and the Pacific, with programming in areas including governance, economic growth, education and leadership, environmental resilience, international cooperation, and women’s empowerment.
The Asia Foundation at a glance
In short: The Asia Foundation reported $17.5M in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $17,525,257 — reported as a total on the IRS filing, without an itemized list
- -26.7% vs 2024
- Total assets
- $97,013,480
- +7.6% vs 2024
- Revenue (2025)
- $91,533,507
- -20.6% vs 2024
- Net investment income (2025)
- $861,417
- -33.6% vs 2024
- Expenses (2025)
- $96,709,865
- -17.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to The Asia Foundation
- How to Apply
The Foundation encourages prospective grantees to review its program areas and submit a brief letter of inquiry to the appropriate office, including a short introduction to the organization, a project description, and…
The Foundation encourages prospective grantees to review its program areas and submit a brief letter of inquiry to the appropriate office, including a short introduction to the organization, a project description, and a budget estimate. Staff may respond about fit and, if appropriate, request a formal proposal or clarification; there is no grant application form. The Foundation does not make grants to individuals or U.S.-based organizations.
- Contact
Mailing address: 425 California Street 1700, San Francisco, CA 94104-1822
Phone: (415) 743-3324
Website: https://asiafoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The Asia Foundation
Who The Asia Foundation funds
Geographic Focus
Where this funder awards grants
The Foundation’s work and grantmaking focus on Asia and the Pacific. Its listed countries and areas served include Afghanistan, Bangladesh, Cambodia, India, Indonesia, Japan, Korea, Laos, Malaysia, Mongolia, Myanmar, Nepal, Pakistan, the Philippines, Singapore, Sri Lanka, Thailand, Timor-Leste, Vietnam, and the Pacific Islands.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $678K (2019) to $23.9M (2024). In 2025 it reported $17.5M in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Ready to take the next step with The Asia Foundation?
Financial History
Multi-year comparison from IRS filings
The Foundation stated in its 2024 filing that 90% of its operating revenue derives from government funding, including U.S. and other governments.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $97,013,480 | $91,533,507 | $96,709,865 | $17,525,257 | Total only | $861,417 |
| 2024 | $90,174,494 | $115,339,816 | $116,994,134 | $23,913,501 | Total only | $1,296,729 |
| 2023 | $88,330,326 | $114,520,358 | $117,865,560 | $20,674,762 | Total only | $804,144 |
| 2022 | $77,781,251 | $101,640,301 | $104,744,577 | $22,113,863 | Total only | $818,865 |
| 2021 | $76,412,898 | $96,548,436 | $97,516,612 | $22,554,291 | Total only | $387,984 |
| 2020 | $73,177,274 | $105,975,756 | $96,942,938 | $1,156,264 | 5 | $173,071 |
| 2019 | $69,117,354 | $104,757,151 | $105,133,876 | $677,517 | 6 | $713,009 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s mission is to help solve the toughest social and economic challenges in Asia and the Pacific. Its program areas include governance; economic growth; education and leadership; environmental resilience and climate; international cooperation; and women’s empowerment. Its stated work includes supporting accountable institutions and public decision-making, economic opportunity and workforce development, education and leadership, women’s rights and participation, and cooperation on cross-border issues.
A documented grantee, the Henry L. Stimson Center, describes its own mission as promoting international security, shared prosperity, and justice through applied research, independent analysis, deep engagement, and policy innovation.
Grantmaking
The Foundation describes grantmaking as a collaborative process of problem identification and strategic planning. It directs support to activities within its current interests that are likely to have a wide effect.
Recent IRS filing data report a grant count of zero for each of 2023, 2024, and 2025; those filings do not provide a recent total amount given or typical grant size. A documented grant to the Henry L. Stimson Center was $362,092 in 2020.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists S. Timothy Kochis as trustee and chairman; Janet Montag and Kathleen Stephens as trustees and vice chairs; Patricia M. Loui as trustee and treasurer; and Michael J. Green as trustee and secretary. Other trustees listed are Lama Ahmad, Debra Knopman, Lauren Moriarty, Lin Jamison, and Deanne Weir.
The Asia Foundation is led by Laurel E. Miller, CEO & President on every filing since 2023; 15 of 45 officers listed in 2025 are compensated.
Officers on the 2025 filing
Laurel E. Miller
CEO & President
On filings since 2023
37.5 hrs/week
$414K (2024) → $525K (2025)
S. Timothy Kochis
Trustee & Chairman
On filings since 2024
1 hr/week
No compensation reported
Clare Lockhart
Trustee
On filings since 2019
1 hr/week
No compensation reported
Daniel F. Feldman
Trustee
Trustee & Treasurer → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Deanne Weir
Trustee
On filings since 2019
1 hr/week
No compensation reported
Jacqueline Lundquist
Trustee
On filings since 2019
1 hr/week
No compensation reported
Janet Montag
Trustee & Vice Chair
Trustee → Trustee & Vice Chair, 2024
On filings since 2019
1 hr/week
No compensation reported
Kathleen Stephens
Trustee & Vice Chair
Trustee & Vice Chair → Trustee, 2021
Trustee → Trustee & Vice Chair, 2024
On filings since 2019
1 hr/week
No compensation reported
Lauren Moriarty
Trustee
On filings since 2019
1 hr/week
No compensation reported
Meredeth Ludlow
Trustee
On filings since 2019
1 hr/week
No compensation reported
Michael J. Green
Trustee & Secretary
Trustee & Secretary → Trustee & Sectretary, 2024
Trustee & Sectretary → Trustee & Secretary, 2025
On filings since 2019
1 hr/week
No compensation reported
Patricia M. Loui
Trustee & Treasurer
Trustee → Trustee & Treasurer, 2022
On filings since 2019
1 hr/week
No compensation reported
Robert O. Blake Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Ruby Shang
Trustee
On filings since 2019
1 hr/week
No compensation reported
Winnie C. Feng
Trustee
On filings since 2019
1 hr/week
No compensation reported
Debra Knopman
Trustee
On filings since 2020
1 hr/week
No compensation reported
Ted Osius
Trustee
On filings since 2020
1 hr/week
No compensation reported
Harry Thomas Jr.
Trustee
On filings since 2021
1 hr/week
No compensation reported
Mary Ann Peters
Trustee
On filings since 2021
1 hr/week
No compensation reported
Stephanie Fahey
Trustee
On filings since 2021
1 hr/week
No compensation reported
Calvin Sims
Trustee
On filings since 2023
1 hr/week
No compensation reported
Eun Mee Kim PhD
Trustee
On filings since 2023
1 hr/week
No compensation reported
Lin Jamison
Trustee
On filings since 2023
1 hr/week
No compensation reported
Ryan Hass
Trustee
On filings since 2023
1 hr/week
No compensation reported
Cheng-Ling Chen
Trustee
On filings since 2024
1 hr/week
No compensation reported
Frank Lavin
Trustee
On filings since 2024
1 hr/week
No compensation reported
Lama Ahmad
Trustee
On filings since 2024
1 hr/week
No compensation reported
Ma Laurice Jamero
Trustee
On filings since 2024
1 hr/week
No compensation reported
Penny Williams
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Amy H. Ovalle
Former Key Employee
Vice President & Global Communications → Vice President & Global Comms., 2024
Vice President & Global Comms. → Former Key Employee, 2025
On filings since 2019
$180K (2019) → $118K (2025)
Jaime Faustino
Strategic Advisor
Project Manager → Strategic Advisor, 2023
On filings since 2019
37.5 hrs/week
$257K (2019) → $262K (2025)
Kenneth M. Krug
Vice President Finance & CFO
Vice President, Finance & CFO → Vice President Finance & CFO, 2024
On filings since 2019
37.5 hrs/week
$247K (2019) → $327K (2025)
Meloney C. Lindberg
Country Representative
On filings since 2019
37.5 hrs/week
$255K (2019) → $265K (2025)
Nancy Yuan
Senior Vice President & Washington Dc
On filings since 2019
37.5 hrs/week
$220K (2019) → $278K (2025)
Suzanne E. Siskel
Executive Vice President & COO
On filings since 2019
37.5 hrs/week
$296K (2019) → $351K (2025)
Thomas Parks IV
Vice President Strategic Partnerships
Country Representative → Vice President Strategic Partnerships, 2025
On filings since 2019
37.5 hrs/week
$259K (2019) → $242K (2025)
Wendy L. Soone-Broder
Chief Philanth. Officer
Chief Philanthropy Officer → Chief Philantropy Officer, 2024
Chief Philantropy Officer → Chief Philanth. Officer, 2025
On filings since 2019
37.5 hrs/week
$183K (2019) → $233K (2025)
Todd Wassel
Country Representative
On filings since 2022
37.5 hrs/week
$259K (2022) → $313K (2025)
Behnaz Raufi
Chief of Staff & Assistant Secretary
Assistant Secretary → Chief of Staff & Assistant Secretary, 2025
On filings since 2023
37.5 hrs/week
$150K (2024) → $160K (2025)
Mark Koenig
Vice President Programs
Country Representative → Country Respresentative, 2024
Country Respresentative → Vice President Programs, 2025
On filings since 2023
37.5 hrs/week
$293K (2023) → $282K (2025)
Winston K. Chow
Country Representative
Senior Director → Country Representative, 2025
On filings since 2023
37.5 hrs/week
$285K (2023) → $269K (2025)
Hector Salazar Salame
Country Representative
New on the 2025 filing
37.5 hrs/week
$283K (2025)
Sharon Thompson
Chief People Officer
New on the 2025 filing
37.5 hrs/week
$265K (2025)
Jenny Choi-Fitzpatrick
Vice President & COO
New on the 2025 filing
No compensation reported
Nikolos Oakley
Vice President, Finance & CFO
New on the 2025 filing
No compensation reported
Former officers (42)
- Former: David D. Arnold (2019–2024) — Former Officer
- Former: Gordon R. Hein (2019–2024) — Former Officer
- Former: Karl Eikenberry (2019–2024) — Trustee
- Former: Roger Craig (2019–2024) — Former Key Employee
- Former: Adil Najam (2019–2023) — Trustee
- Former: James D. McCool (2019–2023) — Trustee
- Former: Markos Kounalakis (2019–2023) — Trustee
- Former: Moon Kook-Hyun (2019–2023) — Trustee
- Former: Stephen Kahng (2019–2023) — Trustee
- Former: Terrance Adamson (2019–2023) — Trustee
- Former: Timothy Kochis (2019–2023) — Trustee & Chairman
- Former: William Ball III (2019–2023) — Trustee
- Former: Franklin Lavin (2020–2023) — Trustee
- Former: Badruun Gardi (2021–2023) — Trustee
- Former: Kelsey Harpham (2021–2023) — Trustee
- Former: Michelle Rhodd (2022–2023) — Assistant Secretary
- Former: Dustin Palmer (2019–2022) — Trustee
- Former: Howard Berman (2019–2022) — Trustee
- Former: Iromi Perera (2019–2022) — Trustee
- Former: Mark W. Lippert (2019–2022) — Trustee
- Former: Sunder Ramaswamy (2019–2022) — Trustee & Chairman
- Former: Meghan Nalbo (2020–2022) — Country Representative
- Former: Elizabeth Economy (2019–2021) — Trustee
- Former: Kim J. Deridder (2019–2021) — Country Representative
- Former: Mandy Au Yeung (2019–2021) — Assistant Secretary
- Former: William Neukom (2019–2021) — Trustee
- Former: Kwang W. Kim (2021) — Country Representative
- Former: Jerome Dodson (2019–2020) — Trustee
- Former: Karl Inderfurth (2019–2020) — Trustee
- Former: Masako Shinn (2019–2020) — Trustee
- Former: Noeleen Heyzer (2019–2020) — Trustee
- Former: Teresita C. Schaffer (2019–2020) — Trustee & Secretary
- Former: Theodore Elliot III (2019–2020) — Trustee
- Former: Walter Jared Frost (2019–2020) — Trustee
- Former: Czarina Medina-Guce (2019) — Trustee
- Former: David M. Lampton (2019) — Trustee & Chairman
- Former: Diana D. Won (2019) — Trustee
- Former: James Kelly (2019) — Trustee
- Former: L. Brooks Entwistle (2019) — Trustee
- Former: Mary Brown Bullock (2019) — Trustee & Secretary
- Former: Reuben Jeffrey III (2019) — Trustee & Treasurer
- Former: Sara Taylor (2019) — Country Representative
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $525K, to Laurel Miller (CEO and President). 15 officers or directors reported compensation on that filing.
Frequently asked questions about The Asia Foundation
How much does The Asia Foundation give each year?
The Asia Foundation reported $17.5M in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $23.9M in grants paid.
How large is The Asia Foundation?
The Asia Foundation reported $97.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $91.5M.
What does The Asia Foundation fund?
The Foundation’s mission is to help solve the toughest social and economic challenges in Asia and the Pacific. Its program areas include governance; economic growth; education and leadership; environmental resilience and climate; international cooperation; and women’s empowerment. See mission & focus areas ↑
How do I apply for a grant from The Asia Foundation?
The Foundation encourages prospective grantees to review its program areas and submit a brief letter of inquiry to the appropriate office, including a short introduction to the organization, a project description, and… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does The Asia Foundation make grants?
The Foundation’s work and grantmaking focus on Asia and the Pacific. Its listed countries and areas served include Afghanistan, Bangladesh, Cambodia, India, Indonesia, Japan, Korea, Laos, Malaysia, Mongolia, Myanmar, Nepal, Pakistan, the Philippines, Singapore, Sri Lanka, Thailand, Timor-Leste, Vietnam, and the Pacific Islands.
What is The Asia Foundation's EIN?
The Asia Foundation's EIN (Employer Identification Number) is 94-1191246. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
- Added Form 990 for fiscal year 2019 (received by the IRS August 16, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 26, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 30, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 6, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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The Asia Foundation down — hundreds of funders to go?