2019-10-31T13:04:32-05:00 2018-12-31 330835986 SQUAR MILNER LLP 135 MAIN STREET 9TH FLOOR SAN FRANCISCO CA 941051815 990 2018-01-01 943201522 ASIAN PACIFIC FUND ASIA 4153959985 465 CALIFORNIA STREET NO 809 SAN FRANCISCO CA 94104 AUDREY YAMAMOTO PRESIDENT & EXECUTIVE DIRECTOR 4153959985 2019-10-29 1 JOUA LO P01225144 4157812500 71.6.48.101 2019-10-29 10:48:56 PD P 9DB202173B6802AD9552B18A6F36CA7E69682BA0 04688926A99AB1187F8A3E5828E2B676A02AA1A4 2018 2020-03-31 21:24:44Z AUDREY YAMAMOTO 465 CALIFORNIA STREET NO 809 SAN FRANCISCO CA 94104 11861564 0 X WWW.ASIANPACIFICFUND.ORG X 1993 CA THE MISSION OF THE ASIAN PACIFIC FUND IS TO STRENGTHEN THE ASIAN AND PACIFIC ISLANDER COMMUNITY IN THE BAY AREA BY INCEASING PHILANTHROPY AND SUPPORTING THE ORGANIZATIONS THAT SERVE OUR MOST VULNERABLE COMMUNITY MEMBERS. 14 14 5 65 0 0 1182260 1774829 0 0 313615 1646060 0 58 1495875 3420947 335853 1140270 0 0 266357 517314 0 0 113244 196367 327845 798577 1985429 697298 1435518 15609670 14711745 348654 308648 15261016 14403097 THE MISSION OF THE ASIAN PACIFIC FUND IS TO STRENGTHEN THE ASIAN AND PACIFIC ISLANDER COMMUNITY IN THE BAY AREA BY INCREASING PHILANTHROPY AND SUPPORTING THE ORGANIZATIONS THAT SERVE OUR MOST VULNERABLE COMMUNITY MEMBERS. 0 0 1536276 1140270 0 GRANTS AND SCHOLARSHIPS TO NON-PROFIT ORGANIZATIONS SERVING THE BAY AREA'S MOST VULNERABLE ASIAN AND PACIFIC ISLANDERS - ASIAN PACIFIC FUND DISTRIBUTED $897,654 IN GRANTS. OF THIS, $1,956 CAME FROM GENERAL FUND 101 AND THE REST $895,698 CAME FROM THE VARIOUS DAF'S TO A DIVERSE GROUP OF ASIAN ORGANIZATIONS IN THE BAY AREA AND OTHER NON-PROFIT ORGANIZATIONS. THESE GRANTS INCLUDED CAPACITY BUILDING, SUPPORT FOCUSED LEADERSHIP DEVELOPMENT, FUNDRAISING AND TECHNOLOGY FOR ITS AFFILIATE ORGANIZATIONS, AND FUNDING FOR A CITIZENSHIP AND CIVIC ENGAGEMENT INITIATIVE. THE FUND DISTRIBUTED $242,616 IN SCHOLARSHIPS TO 124 STUDENTS, ALL SUPPORTED BY INDIVIDUAL DONORS. 77407 0 0 SERVICES FOR AFFILIATE ORGANIZATIONS - THIS INCLUDES HELPING 70 SAN FRANCISCO BAY AREA ORGANIZATIONS WITH INFORMATION, CONSULTATIONS, AND WORKSHOPS TO STRENGTHEN THEIR ORGANIZATIONAL CAPACITY IN AREAS SUCH AS FUND DEVELOPMENT, DATA MANAGEMENT, PROGRAM EXPANSION, AND SUCCESSION PLANNING SERVICE TO AFFILIATE ORGANIZATIONS. ALSO, THIS INCLUDES REGULAR OUTREACH TO BRING INFORMATION ABOUT THE NEEDS OF NON-PROFITS TO THE ATTENTION OF POTENTIAL DONORS, TO BUILD COMMUNITY AMONG AFFILIATE ORGANIZATIONS. AN ANNUAL WORKSHOP IS CONDUCTED THAT FOCUSES ON BUILDING THEIR CAPACITY. 1613683 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 11 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X CECILIA ENG 4153959985 465 CALIFORNIA ST SUITE 809 SAN FRANCISCO CA 94104 ANDREW LY CHAIR 1.00 X X 0 0 0 TOM COLE SECRETARY 1.00 X X 0 0 0 NELSON ISHIYAMA TREASURER 1.00 X X 0 0 0 LAURA CHING DIRECTOR (THROUGH 3/18) 1.00 X 0 0 0 KATHRYN KO CHOU DIRECTOR 1.00 X 0 0 0 DAVID CHUN DIRECTOR 1.00 X 0 0 0 PETER Y CHUNG DIRECTOR 1.00 X 0 0 0 CHRISTINA BUI DIRECTOR 1.00 X 0 0 0 AMY YAO DIRECTOR 1.00 X 0 0 0 JAN KANG DIRECTOR 1.00 X 0 0 0 STEVE CHEN DIRECTOR 1.00 X 0 0 0 HUIFEN CHAN DIRECTOR 1.00 X 0 0 0 RAJ MATHAI DIRECTOR 1.00 X 0 0 0 EMERALD YEH DIRECTOR 1.00 X 0 0 0 MICHAEL YOSHIKAMI DIRECTOR 1.00 X 0 0 0 AUDREY YAMAMOTO PRESIDENT & EXEC DIRECTOR 40.00 X 150000 0 7202 MICHAEL NOBLEZA VICE-PRESIDENT 40.00 X 117250 0 6408 267250 0 13610 2 0 1 0 0 394036 1380793 27460 1774829 494842 494842 9443560 8292342 1151218 1151218 1151218 148275 394036 148275 0 MISC REVENUE 900099 58 58 58 3420947 0 0 1646118 1002770 1002770 137500 137500 267250 188713 7500 71037 177880 115105 28531 34244 40520 26867 13653 31664 21869 1934 7861 2200 2200 64827 64827 66432 66432 10997 2230 8767 336 336 41866 19679 22085 102 2470 2470 67919 45234 22685 63331 51277 12054 3325 3325 3662 2439 1223 MISC EXPENSES 480 480 1985429 1613683 258502 113244 775317 866791 88000 16500 31722 29225 26361 20592 7941 5769 14016083 13170411 690607 623049 15609670 14711745 40286 57322 29386 33479 278982 217847 348654 308648 X 1737734 2633461 2716441 11769636 10806841 0 15261016 14403097 15609670 14711745 X 1435518 -2275065 -18372 X 0 1 X 1 0 X 1551976 2428494 1150038 1182260 1774829 8087597 1551976 2428494 1150038 1182260 1774829 8087597 1412885 6674712 281633 336383 302203 256218 494842 1671279 32652 32652 143724 30 58 143812 9935340 0.67180 0.64820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2014 AMOUNT: $ 143,724. 2016 AMOUNT: $ 30. 2018 AMOUNT: $ 58. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16 668934 502821 2207530 1 1 11452034 7871 -660947 286181 47938 10464839 10951720 12354 761156 219870 53326 11452034 10363376 12450 1166312 546655 43763 10951720 11418825 72742 -149477 624450 44969 10672671 10843652 433636 485891 305224 39130 11418825 0.57670 0.42330 0.00000 0 0 26361 20592 5769 5769 LIABILITIES TO BENEFICIARIES OF CHARITABLE REMAINDER TRUSTS 190879 LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS 26968 217847 X 1061078 -2275065 -18372 -2293437 3354515 66432 66432 3420947 1918997 0 1918997 66432 66432 1985429 PART V, LINE 4: THE ENDOWMENT FUNDS WERE SET UP TO PROVIDE A PERMANENT SOURCE OF INCOME TO SUPPORT THE FUND'S WORK - FOR GENERAL OPERATIONS AND PROGRAM OPERATING COSTS, AWARDS AND SCHOLARSHIPS TO SUPPORT HIGHER EDUCATION FOR QUALIFIED STUDENTS OR INDIVIDUALS, OR GRANTS IN SUPPORT OF OTHER NON-PROFIT ORGANIZATION'S GOALS. PART X, LINE 2: THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE TAXS UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. IN ADDITION, THE FUND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). HOWEVER, INCOME FROM ACTIVITIES NOT RELATED TO THE FUND'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -18,372. ANNUAL GALA 542311 394036 148275 12561 112797 22917 542311 394036 148275 12561 112797 22917 148275 0 1 AABA LAW FOUNDATION PO BOX 387 SAN FRANCISCO CA 94104 943159500 501(C)(3) 10000 OCAMPO FAMILY SCHOLARSHIP, INTERNSHIP PROGRAM ASIAN ART MUSEUM 200 LARKIN ST SAN FRANCISCO CA 94102 941704765 501(C)(3) 10000 GENERAL SUPPORT CENTER FOR ASIAN AMERICAN MEDIA 145 9TH ST STE 350 SAN FRANCISCO CA 94103 942801493 501(C)(3) 30464 CAPACITY BUILDING CHINATOWN COMMUNITY DEVELOPMENT CENTER 1525 GRANT AVE SAN FRANCISCO CA 94133 942801493 501(C)(3) 90000 GENERAL SUPPORT CHINATOWN YMCA 855 SACRAMENTO ST SAN FRANCISCO CA 94108 941688190 501(C)(3) 163572 CAPACITY BUILDING, COMBINED CHARITIES, SRO FAMILY PROGRAM CHINESE FOR AFFIRMATIVE ACTION 17 WALTER U LUM PL SAN FRANCISCO CA 94108 942161304 501(C)(3) 17500 CAPACITY BUILDING, CIVIC ENGAGEMENT CHINESE HISTORICAL SOCIETY OF AMERICA 965 CLAY ST SAN FRANCISCO CA 94108 946122446 501(C)(3) 25000 CAPACITY PLANNNING & MEMBERSHIP PROGRAM SUPPORT CHINESE NEWCOMERS SERVICE CENTER 777 STOCKTON ST SAN FRANCISCO CA 94108 942152893 501(C)(3) 30828 CAPACITY BUILDING, COMBINED CHARITIES CAMPAIGN, CIVIC ENGAGEMENT CHINESE PROGRESSIVE ASSOCIATION 1042 GRANT AVE 5TH FL SAN FRANCISCO CA 94133 237404756 501(C)(3) 20257 COMBINED CHARITIES CAMPAIGN, CIVIC EMPOWERMENT COMMUNITY YOUTH CENTER SF 1038 POST ST SAN FRANCISCO CA 94109 941728818 501(C)(3) 51147 COMBINED CHARITIES CAMPAIGN, COLLEGE PREPAREDNESS PROGRAM DONALDINA CAMERON HOUSE 920 SACRAMENTO ST SAN FRANCISCO CA 94108 941618605 501(C)(3) 32308 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN FILIPINO BAR ASSOCIATION OF NO CALIF 268 BUSH ST 2928 SAN FRANCISCO CA 94104 461361080 501(C)(6) 10000 OCAMPO FAMILY SCHOLARSHIP FRIENDS OF CHILDREN WITH SPECIAL NEEDS 2300 PERALTA BLVD FREMONT CA 94536 770446853 501(C)(3) 40622 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN GUM MOON WOMEN'S RESIDENCE 940 WASHINGTON ST SAN FRANCISCO CA 94108 941156357 501(C)(3) 20133 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN HOOD COLLEGE 401 ROSEMONT AVE FREDERICK MD 21701 520591608 501(C)(3) 10000 GENERAL SUPPORT J-SEI 1285 66TH ST EMERYVILLE CA 94608 237092514 501(C)(3) 30935 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN KHMER GIRLS IN ACTION 1355 REDONDO AVE STE 9 LONG BEACH CA 90804 273087079 501(C)(3) 5000 LEADERSHIP PROGRAM KIMOCHI INC 1715 BUCHANAN ST SAN FRANCISCO CA 94115 237117402 501(C)(3) 25454 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN KOREAN AMERICAN COMMUNITY SERVICES INC 1800-B FRUITDALE AVE SAN JOSE CA 95128 942659848 501(C)(3) 20000 CAPACITY BUILDING, CIVIC ENGAGEMENT KOREAN COMMUNITY CENTER OF THE EAST BAY 101 CALLAN AVE STE 400 SAN LEANDRO CA 94577 942503925 501(C)(3) 20436 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN NARIKA PO BOX 7779 BERKELEY CA 94707 943162871 501(C)(3) 40166 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN NICOS CHINESE HEALTH COALITION 1208 MASON ST SAN FRANCISCO CA 94108 943184812 501(C)(3) 25000 GAMBLING PROBLEM PROJECT NORTHSTAR TEAM FOUNDATION 11260 DONNER PASS RD C1K 103 TRUCKEE CA 96161 680025877 501(C)(3) 23000 SPONSORSHIP OAKLAND ASIAN CULTURAL CENTER 388 9TH ST STE 290 OAKILAND CA 94607 731649335 501(C)(3) 30315 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN SAN FRANCISCO FRIENDS SCHOOL 250 VALENCIA ST SAN FRANCISCO CA 94103 943397589 501(C)(3) 8500 GENERAL SUPPORT THE BAY SCHOOL OF SAN FRANCISCO 35 KEYES AVE SAN FRANCISCO CA 94129 943266229 501(C)(3) 15000 GENERAL SUPPORT, SPONSORSHIP VIETNAMESE AMERICAN COMMUNITY CENTER 655 INTERNATIONAL BLVD OAKLAND CA 94606 205358946 501(C)(3) 35282 CAPACITY BUILDING, CIVIC ENGAGEMENT, COMBINED CHARITIES CAMPAIGN 24 1 SCHOLARSHIP AWARDS 73 137500 PART I, LINE 2: FOR APF PROGRAM GRANTS, GRANTEE ORGANIZATIONS ARE REQUIRED TO SUBMIT REPORTS ON HOW THE FUNDS WERE UTILIZED. FOR RENEWABLE SCHOLARSHIP GRANTS, STUDENTS ARE REQUIRED TO FORWARD THEIR TRANSCRIPTS AND SEND UPDATE LETTERS/REPORTS ON THEIR SCHOOL EXPERIENCE. X 0 0 0 0 0 0 0 1 0 AUDREY YAMAMOTO PRESIDENT & EXEC DIRECTOR 150000 0 0 0 0 0 0 0 7202 0 157202 0 0 0 PART I, LINE 7 THE PRESIDENT AND EXECUTIVE DIRECTOR'S BONUS BASED ON PERFORMANCE AND EVALUATION FROM BOARD MEMBERS. X 2 27460 QUOTED PRICE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WAS AMENDED TO REFLECT THE CHANGE IN FISCAL YEAR END - FROM JUNE 30 TO DEC 31. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE RETURN IS SENT ELECTRONICALLY TO THE ENTIRE BOARD OF DIRECTORS WITH A DEADLINE TO RESPOND WITH QUESTIONS OR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C WE REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH OUR CONFLICT OF INTEREST POLICY AT THE ANNUAL RETREAT OF THE BOARD OF DIRECTORS, EACH DIRECTOR IS ASKED TO REVIEW AND SIGN A PERSONAL STATEMENT. THE RESPONSES ARE REVIEWED NO DIRECTOR HAS YET REPORTED A CONFLICT OF INTEREST IF ONE WERE NOTED, THIS WOULD BE DISCUSSED WITH THAT INDIVIDUAL DIRECTOR, DISCLOSED TO THE CHAIRMAN AND STEPS TAKEN TO ELIMINATE THE CONFLICT FORTHWITH THE SIGNED STATEMENTS ARE RETAINED AS PART OF CORPORATE RECORDS. FORM 990, PART VI, SECTION B, LINE 15A AN ANNUAL PERFORMANCE REVIEW FOR THE PRESIDENT/EXECUTIVE DIRECTOR IS CREATED THAT INCLUDES FEEDBACK FROM ALL BOARD MEMBERS AND STAFF ANY CHANGES IN COMPENSATION INCLUDE A CONSIDER ACTION OF COMPARABLES AND THE ANNUAL PERFORMANCE REVIEW. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. ADDITIONALLY, A SUMMARY OF THE FINANCIAL STATEMENT IS PUBLISHED AS PART OF OUR ANNUAL REPORT AND MAILED TO ALL DONORS AND SUPPORTERS. IT IS ALSO POSTED ON-LINE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -18,372. CHARITABLE REMAINER TRUST (3) TRUST CA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0