2018-03-19T17:57:24-05:00 2017-06-30 814234542 BPM LLP 2000 University Ave Ste 201 East Palo Alto CA 94303 990 2016-07-01 943201522 Asian Pacific Fund ASIA 4153959985 465 California Street Suite 809 San Francisco CA 94104 Audrey Yamamoto President & Executive Director 4153959985 2018-03-13 1 Carolyn R Amster P00189994 6508556800 2018-03-13 208.184.139.130 2018-03-13 16:14:43 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 155DBB0B033CCB00695FD1C9AE35DD64086CB893 2016 2021-01-29 14:40:06Z Audrey Yamamoto 465 California Street Suite 809 San Francisco CA 94104 9876484 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 increasing philanthropy and supporting the organizations that serve our most vulnerable community members. 14 14 7 33 0 0 2428494 1090548 0 0 329158 404831 32652 -82053 2790304 1413326 943771 938825 0 0 394909 473892 0 0 91272 302315 357722 1640995 1770439 1149309 -357113 13683909 14384433 397120 372157 13286789 14012276 X THE ASIAN PACIFIC FUND'S MISSION IS TO STRENGTHEN THE BAY AREA'S ASIAN AND PACIFIC ISLANDER COMMUNITY BY INCREASING PHILANTHROPY AND SUPPORTING THE ORGANIZATIONS THAT SERVE OUR MOST VULNERABLE. 0 0 811039 734274 See Schedule O.GRANTS AND SCHOLARSHIPS TO NON-PROFIT ORGANIZATIONS SERVING THE BAY AREA'S MOST VULNERABLE ASIAN AND PACIFIC ISLANDERS.GRANTS: DURING THE REPORTING PERIOD, THE ASIAN PACIFIC FUND DISTRIBUTED $750K IN GRANTS 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 NEW COLLABORATIVE INITIATIVE CALLED SAN FRANCISCO PATHWAYS TO CITIZENSHIP WHICH AIMS TO PROMOTE CITIZENSHIP AND CIVIC ENGAGEMENT. In addition to its discretionary grants, the Fund distributed nearly $500K in donor directed grants to nonprofits. SCHOLARSHIPS AND AWARDS: The Fund distributed nearly $200K in scholarships to 94 students, all supported by individual donors. 349279 204551 See schedule O.SERVICES TO DONORS (AND THEIR LEGAL AND FINANCIAL ADVISORS) PROVIDE INFORMATION ABOUT THE NEED IN THE ASIAN COMMUNITY WHICH IS OFTEN HIDDEN FROM PUBLIC VIEW, AND NOW CHARITABLE GIVING CAN BECOME PART OF ESTATE AND FINANCIAL PLANNING. THE ASIAN PACIFIC FUND ASSISTED DONORS THROUGH SCHOLARSHIP PROGRAMS, DONOR ADVISED FUNDS AND WORKPLACE GIVING CAMPAIGNS. 236517 See schedule O.SERVICES FOR AFFILIATE ORGANIZATIONS INCLUDE 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 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. 1396835 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 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 1 0 0 0 1 11 0 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X Cecilia Eng 4153959985 465 Califonia St Suite 809 San Francisco CA 941041820 Andrew Ly Chair 1.00 X X 0 0 0 Nelson Ishiyama Secretary 1.00 X X 0 0 0 Andrew Cuyugan McCullough Treasurer 1.00 X X 0 0 0 Laura Ching Director 0.50 X 0 0 0 Kathryn Ko Chou Director 0.50 X 0 0 0 David Chun Director 0.50 X 0 0 0 Peter Y Chung Director 0.50 X 0 0 0 Christina Bui Director 0.50 X 0 0 0 Amy Yao Director 0.50 X 0 0 0 Satish Rishi Director 0.50 X 0 0 0 Leo Soong Director 0.50 X 0 0 0 Huifen Chan Director 0.50 X 0 0 0 Tom Cole Director 0.50 X 0 0 0 Emerald Yeh Director 1.00 X 0 0 0 Audrey Yamamoto President & Executive Director 40.00 X 165240 0 6765 165240 0 6765 1 0 1 0 0 295986 794562 67089 1090548 302203 302203 8413689 8311061 102628 102628 102628 70014 295986 152097 -82083 -82083 Other Income 900099 30 30 30 1413326 30 0 322748 734274 734274 204551 204551 161089 110728 17275 33086 254348 174832 27276 52240 29832 18684 11148 28623 19296 3381 5946 8160 6480 1680 43731 43731 71214 6704 64510 19516 10848 8668 64404 42893 21511 54276 34593 19683 1525 1525 2919 1944 975 Bad Debt 37500 37500 Printing and production 15577 14287 1290 Dues, licenses, and fee 10238 299 9939 Equipment rental and ma 7658 5100 2558 21004 11322 9682 1770439 1396835 282332 91272 258944 381471 50500 146000 44425 51123 33291 32211 2605 1080 12682234 13132925 645201 671834 13683909 14384433 26797 29788 96065 68221 274258 274148 397120 372157 X -724069 1081803 2980096 2135986 11030762 10794487 13286789 14012276 13683909 14384433 X -357113 1027090 55510 X 0 1 X 1 0 X 1845374 1242684 1551976 2428494 1150038 8218566 1845374 1242684 1551976 2428494 1150038 8218566 4189930 4028636 150420 179139 281633 336383 302203 1249778 32652 32652 143724 30 143754 9644750 0.41770 0.38210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13 243043 227700 1291836 1 1 10363376 12450 1166312 546655 43763 10951720 11418825 72742 -149477 624450 44969 10672671 10843652 433636 485891 305224 39130 11418825 10608159 471498 1050250 1256409 28846 10844652 9952793 1283506 1000000 10236299 0.00000 0.98560 0.01440 0 0 25666 25666 0 7625 6545 1080 1080 Liability Split Interest Gift Agreement 30322 Liability Under CRTs 243826 274148 2584436 1027091 26742 1053833 1530603 -117278 -117278 1413325 1858949 88510 88510 1770439 0 1770439 Part XI, Line 2d - Other Adjustments: Change in value of Charitable remainder trusts 26,742. Part XI, Line 4b - Other Adjustments: fundraising expenses -117,278. Part XII, Line 2d - Other Adjustments: write off of scholarships authorized in prior years -28,768. fundraising expenses 117,278. Schedule D, Part V Schedule D, Part V: The 2015 Endowment beginning balance was restated to correct investment income, administrative fees and the appropriation for spending. Annual Gala 366000 295986 70014 39494 112603 366000 295986 70014 39494 112603 152097 -82083 0 AABA Law Foundation PO Box 387 San Francisco CA 94104 943159500 501c(3) 10000 Raymond L. Ocampo Jr. Family Scholarship and Public Interest Grant Asian Art Museum 200 Larkin St San Francisco CA 94102 941704765 501c(3) 10000 annual support Asian Immigrant Women Advocate 310 - 8th St Ste 301 Oakland CA 94607 942977665 501c(3) 10000 match grant Asian Pacific Islander Legal Outreach 1188 Franklin St Ste 202 San Francisco CA 94109 942583284 501c(3) 9098 general support Asian Women's Shelter 3543 - 18th St 19 San Francisco CA 94110 943030212 501c(3) 11500 annual support Center for Asian American Media 145 Ninth Street Suite 350 San Francisco CA 941032641 942801493 501c(3) 30401 general support, capacity building & civic engagement Chinatown Community Development Center 1525 Grant Ave San Francisco CA 94133 942514053 501c(3) 10000 Chinatown Fire Victim Fund Chinatown YMCA 855 Sacramento St San Francisco CA 94108 942801493 501c(3) 13957 general support, capacity building & civic engagement Chinese American International School 150 Oak St San Francisco CA 94102 942786958 501c(3) 37700 general support Chinese for Affirmative Action 17 Walter U Lum Pl San Francisco CA 94108 942801493 501c(3) 27500 capacity building, civic engagement Chinese Newcomers Service Ctr 777 Stockton St Room 104 San Francisco CA 94108 942152893 501c(3) 31295 general support, capacity building & civic engagement Chinese Progressive Association 1042 Grant Ave 5th Fl San Francisco CA 94133 237404756 501c(3) 20242 general support, civic engagement Community Youth Center SF 1038 Post St San Francisco CA 94109 941728818 501c(3) 50861 Environmental Community Education Project, general support Council on Foreign Relations 58 East 68th Street New York NY 10065 941728818 501c(3) 10000 general purpose Donaldina Cameron House 920 Sacramento St San Francisco CA 94108 941618605 501c(3) 32485 general support, capacity building & civic engagement East Bay Asian Youth Center 2025 East 12th St Oakland CA 94606 942925799 501c(3) 10000 general support Filipino Advocates for Justice 310 - 8th St Ste 309 Oakland CA 94607 942218907 501c(3) 24546 Soledad Fernandez Scholarship Fund, capacity building Filipino Bar Assn of No Calif 268 Bush St 2928 San Francisco CA 94104 472926743 501c(3) 15000 Raymond L. Ocampo Jr. Family Scholarship Friends of Children with Special Needs 2300 Peralta Blvd Fremont CA 94536 770446853 501c(3) 31310 general support, capacity building & civic engagement Gum Moon Women's Residence 940 Washington St San Francisco CA 94108 941156357 501c(3) 20000 capacity building, civic engagement Hood College 401 Rosemont Ave Frederick MD 21701 521961144 501c(3) 10000 general support International Children Assistance Network 532 Valley Way Milpitas CA 95035 770541211 501c(3) 10114 general support J-Sei 1285 66th Street Emeryville CA 94608 942496799 501c(3) 30242 general support, capacity building & civic engagement Kimochi Inc 1715 Buchanan St San Francisco CA 94115 237117402 501c(3) 25007 general support, capacity building & civic engagement Korean American Community Srvc 1800-B Fruitdale Ave San Jose CA 95128 942659848 501c(3) 20141 general support, capacity building & civic engagement Korean Community Ctr of the EB 1700 Broadway Suite 400 Oakland CA 94612 942503925 501c(3) 30448 general support, capacity building & civic engagement Maitri PO Box 697 Santa Clara CA 95052 943132087 501c(3) 10000 match grant Narika PO Box 7779 Berkeley CA 94707 943162871 501c(3) 30000 capacity building, civic engagement Northstar Team Foundation 11260 Donner Pass Rd C1 103 Truckee CA 96161 680025877 501c(3) 22500 general purpose Oakland Asian Cultural Center 388 Ninth St Ste290 Oakland CA 94607 731649335 501c(3) 20508 general support, civic engagement Self-Help for the Elderly 407 Sansome St San Francisco CA 94111 941750717 501c(3) 25000 Pathways to Citizenship Vietnamese American Community Center 655 International Blvd Oakland CA 94606 205358946 501c(3) 25249 general support, capacity building & civic engagement 32 0 Scholarships and Fellowships 94 204551 Part I, Line 2: Organizations that receive grants to support projects or achieve particular goals are required to submit a grant application, project or program budget and agency budget. They are also required to submit a copy of the most recent Form 990 and independent audit, which are reviewed to complete the due diligence process. After the grant period is ended, the organization is required to submit a report describing what has been achieved with the grant. New grantees are also checked to confirm they are listed in the IRS on-line EO Select Check. X X 0 0 0 0 0 0 0 1 0 Audrey Yamamoto President & Executive Director 137700 0 27540 0 0 0 0 0 6765 0 172005 0 0 0 Part I, Line 7 The President and Executive Director's bonus was based on performance, which was evaluated via a process that incorporated input from each board member and then summarized into a performance review. X 3 32269 FMV X Auction Items 29 34820 0 0 0 Part I, Column (b): The organization reports the number of contributors. Form 990, Part VI, Section B, line 11b THE RETURN WILL BE 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 CONSIDERATION 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 ON REQUEST. A SUMMARY OF THE FINANCIAL STATEMENT IS PUBLISHED AS PART OF OUR ANNUAL REPORT AND MAILED TO ALL DONORS SUPPORTERS. IT IS ALSO POSTED ON-LINE ON THE ORGANIZATION'S WEBSITE. Form 990, Part XI, line 9: Change in value of Charitable Remainder Trusts 26,742. write off of scholarships authorized in prior years 28,768. Charitable Remainder trust (2) trust CA Asian Pacific Fund 1 Charitable Remainder Unitrust trust CA Asian Pacific Fund 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0