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The Asia Foundation

Foundation · Grantmaker San Francisco, CA EIN: 94-1191246 Website

The asia foundation (TAF) is an international nonprofit organization working to solve the toughest social and economic challenges in asia and the pacific. (continued on schedule o)

Key facts about The Asia Foundation

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.

EIN
94-1191246
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$17,525,257 — reported as a total on the IRS filing, without an itemized list
Total assets
$97,013,480

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$97.0M

+7.6% YoY

Grants Paid (reported total)

$17.5M

-26.7% YoY

Revenue

$91.5M

-20.6% YoY

Net Investment Income

$861K

-33.6% YoY

About The Asia Foundation

Based on IRS filings

The Asia Foundation is a nonprofit organization focused on International, Foreign Affairs & National Security, based in San Francisco, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $97.0M in total assets. In 2025, it reported $17.5M in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $861K.

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1 open opportunity from The Asia Foundation

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

WashingtonNew YorkHonoluluSan FranciscoWilliamsburg

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M6 grants20195 grants2020Total only2021Total only2022Total only2023Total only2024Total only2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50M$100M$150M2019202020212022202320242025
Metric202520242023
Total Assets$97,013,480$90,174,494$88,330,326
Revenue$91,533,507$115,339,816$114,520,358
Expenses$96,709,865$116,994,134$117,865,560
Qualifying Distributions———
Net Investment Income$861,417$1,296,729$804,144
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 16, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS July 26, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS July 30, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 6, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

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

Laurel Miller — CEO and President: $525KLaurel MillerCEO and President$525KSuzanne Siskel — EVP & COO (Thru 2/25): $351KSuzanne SiskelEVP & COO (Thru 2/25)$351KKenneth Krug — VP Finance & CFO (Thru 9/25): $327KKenneth KrugVP Finance & CFO (Thru 9/25)$327KTodd Wassel — Country Representative: $313KTodd WasselCountry Representative$313KHector Salazar Salame — Country Representative: $283KHector Salazar SalameCountry Representative$283KMark Koenig — VP Programs: $282KMark KoenigVP Programs$282KNancy Yuan — Sr VP, Washington DC: $278KNancy YuanSr VP, Washington DC$278KWinston K Chow — Country Representative: $269KWinston K ChowCountry Representative$269KSharon Thompson — Chief People Officer: $265KSharon ThompsonChief People Officer$265KMeloney Lindberg — Country Representative: $265KMeloney LindbergCountry Representative$265KJaime Faustino — Strategic Advisor: $262KJaime FaustinoStrategic Advisor$262KThomas Parks IV — VP Strategic Partnerships: $242KThomas Parks IVVP Strategic Partnerships$242KWendy L Soone-Broder — Chief Philanth. Officer (Thru 6/25): $233KWendy L Soone-BroderChief Philanth. Officer (Thru…$233KBehnaz Raufi — Chief of Staff; Asst. Secretary: $160KBehnaz RaufiChief of Staff; Asst. Secretary$160KAmy Ovalle — Former Key Employee: $118KAmy OvalleFormer Key Employee$118K

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 is The Asia Foundation?

The Asia Foundation is a nonprofit organization focused on International, Foreign Affairs & National Security, based in San Francisco, CA. It holds $97.0M in total assets as of 2025.

Where does The Asia Foundation operate?

The Asia Foundation has awarded grants in California, District of Columbia, Hawaii, New York, Virginia.

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.

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