THE ASIAN AMERICAN FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE ASIAN AMERICAN FOUNDATION (EIN 85-2050585)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202233199349330058
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-15T18:50:32-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN861065772PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DELOITTE TAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1695 TOWN CENTER DRIVE SUITE 1000AddressLine1Txt
CityCOSTA MESACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92626ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN852050585EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ASIAN AMERICAN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASIABusinessNameControlTxt
Phone2125581621PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21749AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20009ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNORMAN CHENPersonNm
Person TitleCEOPersonTitleTxt
Phone2125581621PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNORMANPersonFirstNm
Person LastCHENPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBASIR A MOHAMMADPreparerPersonNm
PTINP01866373PTIN
Phone7144367100PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNORMAN CHENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21749AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20009ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$100,728,075GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TAAF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE ASIAN AMERICAN FOUNDATION'S (TAAF) SERVES THE AAPI COMMUNITY IN THEIR PURSUIT OF BELONGING AND PROSPERITY THAT IS FREE FROM DISCRIMINATION, SLANDER, AND VIOLENCE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,765,948PYContributionsGrantsAmt
CY Contributions Grants$100,698,744CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$42PYInvestmentIncomeAmt
CY Investment Income$29,331CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,765,990PYTotalRevenueAmt
CY Total Revenue$100,728,075CYTotalRevenueAmt
PY Grants And Similar Paid$794,985PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$9,237,890CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,611,501CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$376,780CYTotalFundraisingExpenseAmt
PY Other Expenses$167,852PYOtherExpensesAmt
CY Other Expenses$9,604,619CYOtherExpensesAmt
PY Total Expenses$962,837PYTotalExpensesAmt
CY Total Expenses$20,454,010CYTotalExpensesAmt
PY Revenues Less Expenses$2,803,153PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$80,274,065CYRevenuesLessExpensesAmt
Total Assets BOY$3,293,185TotalAssetsBOYAmt
Total Assets EOY$89,049,217TotalAssetsEOYAmt
Total Liabilities BOY$548,910TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,039,860TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,744,275NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$83,009,357NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ASIAN AMERICAN FOUNDATION'S (TAAF) CHARITABLE MISSION IS TO SERVE THE ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITY IN ITS PURSUIT OF BELONGING AND PROSPERITY THAT IS FREE FROM DISCRIMINATION, SLANDER AND VIOLENCE. IN FURTHERANCE OF ITS CHARITABLE MISSION TAAF CONDUCTS DIRECT CHARITABLE ACTIVITIES AND COLLABORATES WITH OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS THAT SHARE TAAF'S VISION AND VALUES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,028,902ExpenseAmt
Grant$7,990,000GrantAmt
DescHATE CRIMES MONITORING AND PREVENTIONTHROUGH THE COORDINATED EFFORTS OF A NATIONAL NETWORK, ACTION CENTERS AND DATA & RESEARCH, TAAF IS ADDRESSING THE ONGOING HATE TOWARD THE AAPI COMMUNITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$7,897,715ExpenseAmt
Grant$1,247,890GrantAmt
DescEDUCATION AND COMMUNITY OUTREACHADVANCING TAAF'S MISSION THROUGH EDUCATION SUPPORT AND NARRATIVE CHANGE IN AN EFFORT TO SERVE THE AAPI COMMUNITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$16,926,617TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee17EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonISABEL KIMPersonNm
Phone6176971590PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 21749AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20009ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
LI LU
CHAIRMAN10.00Yes (X)Yes (X)$0$0$0
JOSEPH BAE
DIRECTOR10.00Yes (X)$0$0$0
JONATHAN GREENBLATT
DIRECTOR10.00Yes (X)$0$0$0
SHEILA MARCELO
DIRECTOR10.00Yes (X)$0$0$0
SONAL SHAH
DIRECTOR/PRESIDENT10.00Yes (X)Yes (X)$392,855$0$24,115
JOE TSAI
DIRECTOR10.00Yes (X)$0$0$0
JERRY YANG
DIRECTOR10.00Yes (X)$0$0$0
PENG ZHAO
DIRECTOR/TREASURER10.00Yes (X)Yes (X)$0$0$0
NORMAN CHEN
DIRECTOR/CEO10.00Yes (X)Yes (X)$71,843$0$3,247
PRISCA BAE
VICE PRESIDENT10.00$247,469$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$712,167TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$27,362TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TORCH2014 INC
333 NORTH GLENOAKS BLVD SUITE 510BURBANKCA91502PRODUCTION SERVICES$3,048,601
WIEDEN KENNEDY NEW YORK
150 VARICK STREET 6TH FLOORNEW YORKNY10013PRODUCTION SERVICES$664,121
ENFRANCHISEMENT PRODUCTIONS LLC
1629 K ST NW SUITE 300WASHINGTONDC20006MANAGEMENT CONSULTING$459,500
THE BRIDGESPAN GROUP INC
2 COPLEY PLACE SUITE 3700BBOSTONMA02116MANAGEMENT CONSULTING$455,617
BRUNSWICK GROUP
245 PARK AVENUE 14TH FLOORNEW YORKNY10167COMMUNICATIONS CONSULTING$450,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt
All Other Contributions$100,698,744AllOtherContributionsAmt
Noncash Contributions$669,739NoncashContributionsAmt
Total Contributions$100,698,744TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,331TotalRevenueColumnAmt
Exclusion$29,331ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$100,728,075TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$29,331ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$9,237,890TotalAmt
Program Services$9,237,890ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$712,169TotalAmt
Program Services$438,019ProgramServicesAmt
Management And General$150,415ManagementAndGeneralAmt
Fundraising$123,735FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$752,089TotalAmt
Program Services$395,909ProgramServicesAmt
Management And General$303,391ManagementAndGeneralAmt
Fundraising$52,789FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$60,155TotalAmt
Program Services$44,090ProgramServicesAmt
Management And General$13,531ManagementAndGeneralAmt
Fundraising$2,534FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$87,088TotalAmt
Program Services$46,594ProgramServicesAmt
Management And General$30,702ManagementAndGeneralAmt
Fundraising$9,792FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$2,316,664TotalAmt
Program Services$650,252ProgramServicesAmt
Management And General$1,625,045ManagementAndGeneralAmt
Fundraising$41,367FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$179,118TotalAmt
Program Services$18,160ProgramServicesAmt
Management And General$160,958ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,208TotalAmt
Fundraising$15,208FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,967,826TotalAmt
Program Services$6,024,797ProgramServicesAmt
Management And General$818,416ManagementAndGeneralAmt
Fundraising$124,613FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$67,972TotalAmt
Program Services$28,942ProgramServicesAmt
Management And General$38,315ManagementAndGeneralAmt
Fundraising$715FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,225TotalAmt
Program Services$1,225ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$56,606TotalAmt
Program Services$40,739ProgramServicesAmt
Management And General$9,840ManagementAndGeneralAmt
Fundraising$6,027FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,454,010TotalAmt
Program Services$16,926,617ProgramServicesAmt
Management And General$3,150,613ManagementAndGeneralAmt
Fundraising$376,780FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,287,205BOYAmt
EOY$13,280,819EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$500,000BOYAmt
EOY$71,536,217EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$3,555,684EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$6,758EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$505,980BOYAmt
EOY$669,739EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,293,185BOYAmt
EOY$89,049,217EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$28,910BOYAmt
EOY$1,420,470EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$520,000BOYAmt
EOY$4,619,390EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$548,910BOYAmt
EOY$6,039,860EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,744,275BOYAmt
EOY$1,500,000EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$81,509,357EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,744,275BOYAmt
EOY$83,009,357EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,293,185BOYAmt
EOY$89,049,217EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$80,274,065ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$8,983PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$3,765,948CurrentTaxYearMinus1YearAmt
Current Tax Year$100,698,744CurrentTaxYearAmt
Total$104,464,692TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$3,765,948CurrentTaxYearMinus1YearAmt
Current Tax Year$100,698,744CurrentTaxYearAmt
Total$104,464,692TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$54,767,658SubstantialContributorsTotAmt
Public Support Total170$49,697,034PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$29,331CurrentTaxYearAmt
Total$29,331TotalAmt
FieldValueIRS element (for citing)
Total Support$104,494,023TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$100,728,075TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$100,728,075RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$100,728,075TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,454,009TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$20,454,009ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,454,009TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTAAF ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. FASB ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT TAAF HAS TAKEN, OR EXPECTS TO TAKE, ON A TAX RETURN. FOR THE YEAR ENDED DECEMBER 31, 2021, MANAGEMENT CONCLUDED THAT TAAF HAD TAKEN NO UNCERTAIN INCOME TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
ASIAN AMERICANS ADVANCING JUSTICE
1620 L STREET NW SUITE 1050WASHINGTONDC20036133619000501(C)(3)$1,500,000$0PROGRAM SUPPORT
CHINESE FOR AFFIRMATIVE ACTION
17 WALTER U LUM PLACESAN FRANCISCOCA94108942161304501(C)(3)$1,000,000$0PROGRAM SUPPORT
NATIONAL ASIAN PACIFIC AMERICA WOMEN'S FORUM
PO BOX 13255CHICAGOIL60613364799986501(C)(3)$1,000,000$0PROGRAM SUPPORT
TALKINGPOINTS
DEPT LA 25293PASADENACA911855293474616102501(C)(3)$1,000,000$0PROGRAM SUPPORT
THE PEW CHARITABLE TRUSTS
901 E STREET NWWASHINGTONDC20004562307147501(C)(3)$1,000,000$0PROGRAM SUPPORT
ANTI-DEFAMATION LEAGUE
605 THIRD AVENUENEW YORKNY101583560131818723501(C)(3)$1,000,000$0PROGRAM SUPPORT
ASIAN AMERICAN FEDERATION
120 WALL STREET 9TH FLOORNEW YORKNY10005133572287501(C)(3)$500,000$0PROGRAM SUPPORT
ASIAN HEALTH SERVICES
101 8TH STREET SUITE 100OAKLANDCA94607942235908501(C)(3)$500,000$0PROGRAM SUPPORT
CHINESE AMERICAN SERVICE LEAGUE INC
2141 S TAN COURTCHICAGOIL60616362984043501(C)(3)$500,000$0PROGRAM SUPPORT
GOFUNDMEORG
171 MAIN ST BOX 505LOS ALTOSCA94022812279757501(C)(3)$500,000$0PROGRAM SUPPORT
INTERFAITH AMERICA
141 W JACKSON BLVD SUITE 3200CHICAGOIL60604300212534501(C)(3)$150,000$0PROGRAM SUPPORT
ASIA PACIFIC FUND
465 CALIFORNIA STREET SUITE 809SAN FRANCISCOCA94104943201522501(C)(3)$125,000$0PROGRAM SUPPORT
ASIAN AMERICAN JOURNALISTS ASSOCIATION
1301 K ST NW SUITE 300WWASHINGTONDC20005953755203501(C)(3)$101,750$0PROGRAM SUPPORT
ACT TO CHANGE
PO BOX 23112WASHINGTONDC200263112832287633501(C)(3)$75,000$0PROGRAM SUPPORT
RISE TOGETHER FUND AT PROTEUS FUND
15 RESEARCH DRIVE SUITE BAMHERSTMA01002043243004501(C)(3)$75,000$0PROGRAM SUPPORT
SIKH AMERICAN LEGAL DEFENSE AND EDUCATION FUND
1050 CONNECTICUT AVENUE NW SUITEWASHINGTONDC20036043382840501(C)(3)$75,000$0PROGRAM SUPPORT500
SIKH COALITION
50 BROAD STREET SUITE 504NEW YORKNY10004223834037501(C)(3)$75,000$0PROGRAM SUPPORT
NATIONAL ASIAN PACIFIC AMERICAN BAR ASSOCIATION
1612 K ST NW SUITE 300WASHINGTONDC20006770233358501(C)(6)$50,000$0PROGRAM SUPPORT
PHILADELPHIA PRAISE CENTER
1701 MCKEAN STREETPHILADELPHIAPA19145202642053501(C)(3)$13,000$0PROGRAM SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org18Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS MADE BY THE ORGANIZATION ARE DOCUMENTED BY GIFT AGREEMENTS. GRANTEES ARE USUALLY REQUIRED TO PROVIDE THE ORGANIZATION WITH PERIODIC REPORTS THAT INCLUDE AN OVERVIEW OF PROGRESS MADE TOWARDS GRANT OBJECTIVES, A DESCRIPTION OF ACTIVITIES UNDERTAKEN, CHALLENGES ENCOUNTERED (IF ANY), PLANS FOR NEXT REPORTING PERIOD AND A SUMMARY OF EXPENSES AGAINST THE BUDGET AND THE BALANCE REMAINING. GRANTEES MAY ALSO BE REQUIRED TO PROVIDE, UPON REQUEST, INFORMAL PROGRAM UPDATES AND SUBMIT FINAL REPORTS ON THE USE OF THE GRANT BY THE DATE SPECIFIED IN THE GRANT AGREEMENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SONAL SHAH
DIRECTOR/PRESIDENT$392,855$0$0$0$0$0$20,300$0$3,815$0$416,970$0$0$0
PRISCA BAE
VICE PRESIDENT$247,469$0$0$0$0$0$0$0$0$0$247,469$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IIFormAndLineReferenceDesc
ExplanationTHE FORMER PRESIDENT AND CURRENT CEO'S COMPENSATION WAS APPROVED BY THE BOARD. THE VICE PRESIDENT'S COMPENSATION WAS APPROVED BY THE FORMER PRESIDENT.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$669,739NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS OF TAAF BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CTAAF HAS A WRITTEN CONFLICT OF INTEREST POLICY APPROVED BY THE BOARD OF DIRECTORS THAT REQUIRES ITS OFFICERS, DIRECTORS AND KEY PERSONS (AS DEFINED IN THE POLICY) ANNUALLY TO DISCLOSE THEIR POTENTIAL CONFLICTS OF INTEREST AND THOSE OF THEIR FAMILY MEMBERS. A DISCLOSURE FORM IS DISTRIBUTED TO ALL TAAF OFFICERS, DIRECTORS AND KEY PERSONS ANNUALLY AND REVIEWED BY THE BOARD OF DIRECTORS FOR CONFLICTS. IF CONFLICT IS NOTED INVOLVING A MEMBER OF THE BOARD OF DIRECTORS, SUCH INDIVIDUAL IS REQUIRED TO RECUSE HIM/HERSELF FROM VOTING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE COMPENSATON OF THE ORGANIZATION'S PRESIDENT/CEO. THE COMPENSATION FOR OFFICERS AND/OR KEY EMPLOYEES WAS REVIEWED AND APPROVED BY THE ORGANIZATION'S PRESIDENT/CEO.
FORM 990, PART VI, SECTION C, LINE 19TO THE EXTENT TAAF'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE SUBJECT TO FEDERAL PUBLIC DISCLOSURE RULES (OR STATE PUBLIC DISCLOSURE RULES), THESE DOCUMENTS ARE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE.
FORM 990, PART IX, LINE 1IN 2021 TAAF COMMITTED TO MULTI-YEAR GRANTS THAT ARE REFLECTED IN THE GRANTS EXPENSE

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