The Very Asian Foundation

“Line 15a - while the organization would traditionally utilize compensation data consisting of information for similarly-sized charitable organizations to make a reasonable compensation determination for the executive director role, as well as review, discussion, and contemporaneous documentation by the board, no compensation was paid during the year. As such, this has been marked no.”

“The form 990 is prepared and reviewed by an independent accountant. The form 990 is provided to the board prior to filing, and reviewed by the vp/finance chair prior to filing.”

“Officers and directors are required to disclose any actual and possible conflicts of interest, must disclose the existence of the financial interest, and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers, considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon.”

“The form 990 & 990-t are available and upon request and can be found on guidestar.org”

“The governing documents, form 1023, forms 990, conflict of interest policy, and financial statements are made available to the public upon request.”

“The very asian creators fund aims to provide financial support and mentorship opportunities to asian american, native hawaiian, and pacific islander (aanhpi) individuals who are making a career pivot into a creative field and provide a launchpad to achieve their goals and make an impact in their communities and society. The very asian creators fund also includes the idea that, by amplifying the voices, stories, and perspectives of aanhpi creatives and by providing a platform for them to share their work, this grant program can help change the representation and narratives in the creative industry, by providing a space for more diverse and underrepresented voices and perspectives to be visible. By providing mentorship opportunities, the organization hopes to also help demystify the career pivot process and debunk myths hindering individuals in pursuit of their creative careers, by providing real-life examples of individuals who have gone through the process and made it. The overarching goal of this program is to empower aanhpi individuals to make a successful transition into a creative career and to promote representation and diverse narratives in the creative industry, which will have a ripple effect on the community and society as a whole.”