Civic Intelligence

Asian Pacific Fund

990 • Fiscal year 2014 • EIN 94-3201522

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 12, 2015

465 California Street Suite 80994104-1820

(415) 395-9985

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.11x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.57x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

77th percentile

18%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

33rd percentile

$127,134

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

66th percentile

8.2%

Faster asset growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Up

$12,919,327

Up $975,342 (+8.2%) from 2013

Net Assets

Up

$11,552,719

Up $428,304 (+3.9%) from 2013

Liabilities

Up

$1,366,608

Up $547,038 (+67%) from 2013

Revenue

Up

$2,410,864

Up $335,567 (+16%) from 2013

Expenses

Up

$1,970,944

Up $1,070,541 (+119%) from 2013

Net Income

Down

$439,920

Down $734,974 (-63%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $10,248,560Liabilities 2011: $1,003,635Net Assets 2011: $9,244,9252011Assets 2012: $10,584,111Liabilities 2012: $1,040,554Net Assets 2012: $9,543,5572012Assets 2013: $11,943,985Liabilities 2013: $819,570Net Assets 2013: $11,124,4152013Assets 2014: $12,919,327Liabilities 2014: $1,366,608Net Assets 2014: $11,552,7192014Assets 2015: $13,460,264Liabilities 2015: $998,919Net Assets 2015: $12,461,3452015Assets 2016: $13,683,909Liabilities 2016: $397,120Net Assets 2016: $13,286,7892016Assets 2017: $15,609,670Liabilities 2017: $348,654Net Assets 2017: $15,261,0162017Assets 2018: $14,711,745Liabilities 2018: $308,648Net Assets 2018: $14,403,0972018Assets 2019: $15,686,867Liabilities 2019: $218,623Net Assets 2019: $15,468,2442019Assets 2020: $16,354,286Liabilities 2020: $198,410Net Assets 2020: $16,155,8762020Assets 2021: $25,769,246Liabilities 2021: $151,842Net Assets 2021: $25,617,4042021Assets 2022: $20,898,995Liabilities 2022: $159,686Net Assets 2022: $20,739,3092022Assets 2023: $24,282,548Liabilities 2023: $89,468Net Assets 2023: $24,193,0802023Assets 2024: $25,698,240Liabilities 2024: $114,709Net Assets 2024: $25,583,5312024

Highlighted filing

2014

Assets$12,919,327
Liabilities$1,366,608
Net Assets$11,552,719

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,645,099Expenses 2011: $1,114,836Net Income 2011: $2,530,2632011Revenue 2012: $1,437,706Expenses 2012: $1,118,952Net Income 2012: $318,7542012Revenue 2013: $2,075,297Expenses 2013: $900,403Net Income 2013: $1,174,8942013Revenue 2014: $2,410,864Expenses 2014: $1,970,944Net Income 2014: $439,9202014Revenue 2015: $2,149,647Expenses 2015: $1,180,155Net Income 2015: $969,4922015Revenue 2016: $2,790,304Expenses 2016: $1,640,995Net Income 2016: $1,149,3092016Revenue 2017: $1,495,875Expenses 2017: $798,577Net Income 2017: $697,2982017Revenue 2018: $3,420,947Expenses 2018: $1,985,429Net Income 2018: $1,435,5182018Revenue 2019: $1,884,677Expenses 2019: $2,657,052Net Income 2019: -$772,3752019Revenue 2020: $2,055,360Expenses 2020: $2,534,045Net Income 2020: -$478,6852020Revenue 2021: $16,047,288Expenses 2021: $7,339,701Net Income 2021: $8,707,5872021Revenue 2022: $2,544,907Expenses 2022: $4,661,512Net Income 2022: -$2,116,6052022Revenue 2023: $4,929,380Expenses 2023: $3,200,985Net Income 2023: $1,728,3952023Revenue 2024: $3,649,188Expenses 2024: $3,448,378Net Income 2024: $200,8102024

Highlighted filing

2014

Revenue$2,410,864
Expenses$1,970,944
Net Income$439,920
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 12, 2015
Return Version
2013v4.0
Gross Receipts
$7,257,379
Mission and Program Overview

Mission

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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,975,167$10,353,494▲ $3,378,327
Pledges and Grants Receivable$3,424,653$1,495,452▼ $1,929,201
Savings and Temporary Cash Investments$259,580$259,057▼ $523
Prepaid Expenses and Deferred Charges$40,052$39,836▼ $216
Land, Buildings, and Equipment, Net$12,087$13,014▲ $927
Total Assets$11,943,985$12,919,327▲ $975,342
Other Assets Total$1,232,446$758,474▼ $473,972
Liabilities
Grants Payable$408,429$957,034▲ $548,605
Other Liabilities$349,266$348,293▼ $973
Accounts Payable and Accrued Expenses$40,625$61,281▲ $20,656
Deferred Revenue$21,250$0▼ $21,250
Total Liabilities$819,570$1,366,608▲ $547,038
Net Assets / Fund Balance
Permanently Rstr Net Assets$10,236,299$10,761,797▲ $525,498
Temporarily Rstr Net Assets$890,661$2,109,652▲ $1,218,991
Unrestricted Net Assets$-2,545$-1,318,730▼ $1,316,185
Total Net Assets Fund Balance$11,124,415$11,552,719▲ $428,304
Total Liabilities and Net Assets / Fund Balance$11,943,985$12,919,327▲ $975,342

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,359$18,307$25,666
Other Land Buildings$5,655$1,970$7,625
Other Assets Org$758,474--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$10,608,159$471,498▲ $1,050,250$1,256,409$10,844,652
2012$9,952,793$1,283,506-$1,000,000$10,236,299
2011$9,383,603$569,190--$9,952,793
2010$6,764,844$2,618,759--$9,383,603
2009$6,622,542$142,302--$6,764,844
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audrey YamamotoPresident & Executive DirectorFT$120,103$7,031$127,134

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,242,684
Program Service Revenue
$0
Investment Income
$1,168,180
Other Revenue
$0
All Other Contributions
$979,868
Change in Net Assets
$439,920

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$157,530Fair Market Value (FMV)
Total Noncash Contributions3$157,530-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,486,277
Revenue Not Reported on Financial Statements
$-75,413
Revenue Not Reported on Form 990
$-11,616
Other Revenue Adjustments
$-75,413
Total Revenue per Audited Statements
$2,474,661
Total Revenue per Form 990
$2,410,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,282,153
Salaries, Compensation, and Employee Benefits$395,213
Other Expenses$293,578
Total Fundraising Expense$17,615
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,158,903--$1,158,903
Other Salaries and Wages$185,948$9,116$9,894$204,958
Current Officers, Directors, Trustees, and Key Employees$129,997$6,696$6,576$143,269
Grants to Domestic Individuals$123,250--$123,250
Fees for Service Investment Mgmnt Fees-$62,632-$62,632
Occupancy$50,169$4,358-$54,527
Travel$22,550$7,135-$29,685
Fees for Services Accounting-$28,455-$28,455
Payroll Taxes$24,278$1,242$1,145$26,665
All Other Expenses$18,190$6,951-$25,141
Fees for Services Other$10,260$10,904-$21,164
Other Employee Benefits$18,482$1,839-$20,321
Information Technology-$11,300-$11,300
Other Expenses$8,809$766-$9,575
Depreciation Depletion-$5,555-$5,555
Fees for Services Legal$3,265$1,680-$4,945
Insurance$3,024$263-$3,287
Advertising$1,781--$1,781
Total Functional Expenses$1,774,662$178,667$17,615$1,970,944

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,046,357
Expenses per Audited Statements$1,970,944
Total Expenses per Form 990$1,970,944
Expenses Not Reported on Form 990$75,413
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
94-3030212-501(c)(3)Capacity Building Grant$141,500
94-1186156-501(c)(3)Capacity Building Grant$105,016
94-1728818-501(c)(3)Capacity Building Grant$90,363
---Capacity Building Grant$90,034
94-2161304-501(c)(3)Capacity Building Grant$90,000
23-7408479-501(c)(3)Capacity Building Grant$90,000
94-2218907-501(c)(3)Capacity Building Grant$65,000
94-3397589-501(c)(3)GRANT FOR "COMPOSE YOURSELF" PROJECT$61,050
94-2503925-501(c)(3)Capacity Building Grant$60,048
94-3096109-501(c)(3)Capacity Building Grant$60,000
94-2977665-501(c)(3)Capacity Building Grant$60,000
94-3357710-501(c)(3)Capacity Building Grant$60,000
94-2925799-501(c)(3)Capacity Building Grant$60,000
94-1156258-501(c)(3)Science Action Club Program$45,900
94-1704765-501(c)(3)GRANT FROM SHEN-LEI DAF: ANNUAL GIFT & CONNOISSEIURS' COUNCIL$11,500
77-0541211-501(c)(3)Grant for Fbanc Scholarship, Justice Fund Grant$10,000
94-2583284-501(c)(3)General Support$8,270
94-3132087-501(c)(3)Annual Fund$6,000
94-2532304-501(c)(3)Annual Fund$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,413
Fundraising Gross Income$75,413
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$333,761$75,413$74,976$437
Total Events$333,761$75,413$75,413$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability Under Crts$314,246
Liability Split Interest Gift Agreement$34,047
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The return will be sent electronically to the entire board of directors with a deadline to respond with questions or comments. The executive committee will then approve the final version.

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 15

An annual review is conducted by the organization's committee of the board. Any changes in compensation include a consideration of comparables. An annual performance and compensation review is completed for each employee annually by the executive director.

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.

Filing and Contact Details

Filer

EIN
94-3201522
Phone
4153959985

Signing Officer

Name
Audrey Yamamoto
Title
President/ed
Phone
4153959985
Signed
2015-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Yamamoto
Formed
1993
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
66

Preparer

Preparer
James Petray
Phone
7075444078
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of charitable remainder trusts 48,855.

Financial Statement Notes

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 taxes 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). The fund has adopted the provisions related to accounting for uncertainty in income taxes, which defines a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The fund's management has considered its tax positions and believes that all of the positions taken by the fund in its federal and state tax returns are more likely than not to be sustained upon examination. The fund files tax returns in the u.s. Federal and california jurisdictions. With few exceptions, the fund is no longer subject to federal tax examinations by tax authorities for tax years before 2010.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of charitable remainder trusts 48,855.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising event expenses -75,413.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses 75,413.

Schedule D,part V, Line 1A

06.30.2013 balance has been restated in the audited financial statements.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14120103
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT & EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0258348
IRS990/FundraisingDirectExpensesAmt075413
IRS990/FundraisingGrossIncomeAmt075413
IRS990/GainOrLossGrp/SecuritiesAmt0989041
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt01158903
IRS990/GrantsPayableGrp/BOYAmt0408429
IRS990/GrantsPayableGrp/EOYAmt0957034
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0123250
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0123250
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01158903
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01158903
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05760143
IRS990/GrossReceiptsAmt07257379
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011300
IRS990/InformationTechnologyGrp/TotalAmt011300
IRS990/InsuranceGrp/ManagementAndGeneralAmt0263
IRS990/InsuranceGrp/ProgramServicesAmt03024
IRS990/InsuranceGrp/TotalAmt03287
IRS990/InvestmentIncomeGrp/ExclusionAmt0179139
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0179139
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06975167
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010353494
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020277
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012087
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013014
IRS990/LandBldgEquipCostOrOtherBssAmt033291
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04771102
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011124415
IRS990/NetAssetsOrFundBalancesEOYAmt011552719
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0989041
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0989041
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-60471
IRS990/NoncashContributionsAmt0157530
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04358
IRS990/OccupancyGrp/ProgramServicesAmt050169
IRS990/OccupancyGrp/TotalAmt054527
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01232446
IRS990/OtherAssetsTotalGrp/EOYAmt0758474
IRS990/OtherChangesInNetAssetsAmt048855
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01839
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018482
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020321
IRS990/OtherExpensesGrp/Desc0PRINTING AND PRODUCTION
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2DUES, LICENSES, AND FEE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01467
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28308
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3766
IRS990/OtherExpensesGrp/ProgramServicesAmt014261
IRS990/OtherExpensesGrp/ProgramServicesAmt11495
IRS990/OtherExpensesGrp/ProgramServicesAmt28809
IRS990/OtherExpensesGrp/TotalAmt015728
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherExpensesGrp/TotalAmt29803
IRS990/OtherExpensesGrp/TotalAmt39575
IRS990/OtherLiabilitiesGrp/BOYAmt0349266
IRS990/OtherLiabilitiesGrp/EOYAmt0348293
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09894
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09116
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0185948
IRS990/OtherSalariesAndWagesGrp/TotalAmt0204958
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01145
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01242
IRS990/PayrollTaxesGrp/ProgramServicesAmt024278
IRS990/PayrollTaxesGrp/TotalAmt026665
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010236299
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt010761797
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03424653
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01495452
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040052
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039836
IRS990/PrincipalOfficerNm0AUDREY YAMAMOTO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SEE SCHEDULE O.GRANTS: DURING THE REPORTING PERIOD, THE ASIAN PACIFIC FUND DISTRIBUTED ALMOST $500K 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 PATHWAYS TO CITIZENSHIP WHICH AIMS TO PROMOTE CITIZENSHIP AND CIVIC ENGAGEMENT.SCHOLARSHIPS AND AWARDS: 67 STUDENTS RECEIVED SCHOLARSHIPS, ALL SUPPORTED BY INDIVIDUAL DONORS. SCHOLARSHIPS ARE DISTRIBUTED ON A COMPETITIVE BASIS.SERVICES: THE ASIAN PACIFIC FUND ASSISTED DONORS THROUGH SCHOLARSHIP PROGRAMS, PERSONALIZED ADVICE REGARDING PROGRAMS AND GRANT OPPORTUNITIES IN THE SAN FRANCISCO BAY AREA AND DONOR ADVISED FUNDS. TO BUILD COMMUNITY AMONG AFFILIATE ORGANIZATIONS, AN ANNUAL WORKSHOP IS CONDUCTED THAT FOCUSES ON BUILDING THEIR CAPACITY.PUBLIC EDUCATION PROJECTS: THE FUND ADMINISTERS THE LARGEST CELEBRATION OF ASIAN HERITAGE IN THE COUNTRY, GROWING UP ASIAN IN AMERICA, WHICH IS A YOUTH ESSAY AND ART COMPETITION. EIGHTEEN K-12 STUDENTS ARE SELECTED OUT OF OVER NEARLY 1,000 ENTRIES TO RECEIVE CASH AWARDS, AND THE WINNING ENTRIES ARE FEATURED IN AN EXHIBIT THAT IS HOSTED BY MORE THAN 50 PUBLIC LIBRARIES THROUGHOUT THE YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0268040
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0123250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01791624
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0287743
IRS990/PYInvestmentIncomeAmt0283673
IRS990/PYOtherExpensesAmt0246941
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01174894
IRS990/PYSalariesCompEmpBnftPaidAmt0351263
IRS990/PYTotalExpensesAmt0900403
IRS990/PYTotalProfFndrsngExpnsAmt014456
IRS990/PYTotalRevenueAmt02075297
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0439920
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0259580
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0259057
IRS990ScheduleA/FactsAndCircumstancesTestTxt0AS REPORTED ON 2013 SCHEDULE A, ASIAN PACIFIC FUND'S ("APF") PUBLIC SUPPORT PERCENTAGE IS 26.07%. DURING 2010, APF RECEIVED TWO LARGE GRANTS IN THE AMOUNTS $1,540,000 AND $1,250,000, WHICH CAUSED THE PUBLIC SUPPORT PERCENTAGE TO DIP BELOW THE REGUIRED THRESHOLD IN 2010, 2011, 2012, AND 2013. HAD THE ORGANIZATION NOT RECEIVED THESE TWO GRANTS, IT WOULD EASILY HAVE MET THE PUBLIC SUPPORT TEST FOR ALL THREE YEARS.THE FOUNDATION SATISFIES THE FACTS AND CIRCUMSTANCES TEST BASED ON TREASURY REGULATIONS SECTION 1.170A-9(E)(3), AND, THEREFORE, QUALIFIES AS A PUBLIC CHARITY BECAUSE:1) ITS PUBLIC SUPPORT IS WELL IN EXCESS OF THE 10% REQUIREMENT;2) IT MAINTAINS AN ACTIVE PROGRAM TO SOLICIT GRANTS;3) ITS BOARD OF DIRECTORS IS REPRESENTATIVE OF THE PUBLIC, RATHER THAN ANY DONORS' INTEREST; AND,4) ITS PROGRAMS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01242684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01845374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01399690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03595326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01018671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09101745
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0179139
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0150420
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0112027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0100850
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068929
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0611365
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.26070
IRS990ScheduleA/PublicSupportPY170Pct00.27250
IRS990ScheduleA/PublicSupportTotal170Amt02532146
IRS990ScheduleA/SubstantialContributorsTotAmt06569599
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01242684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01845374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01399690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03595326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01018671
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09101745
IRS990ScheduleA/TotalSupportAmt09713110
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt028846
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010608159
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0471498
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010844652
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01050250
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01256409
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt09952793
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01283506
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010236299
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01000000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt09383603
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0569190
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt09952793
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06764844
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02618759
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt09383603
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06622542

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$0.11$25.6$3.65$3.45$0.20
2023Summary only. Only limited summary data is available for this year.$24.3$0.09$24.2$4.93$3.20$1.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$0.16$20.7$2.54$4.66$2.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.8$0.15$25.6$16.0$7.34$8.71
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$0.20$16.2$2.06$2.53$0.48
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$0.22$15.5$1.88$2.66$0.77
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$0.31$14.4$3.42$1.99$1.44
2017Summary only. Only limited summary data is available for this year.$15.6$0.35$15.3$1.50$0.80$0.70
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$0.40$13.3$2.79$1.64$1.15
2015Detailed filing. Detailed filing data is available for this year.$13.5$1.00$12.5$2.15$1.18$0.97
2014Detailed filing. Detailed filing data is available for this year.$12.9$1.37$11.6$2.41$1.97$0.44
2013Summary only. Only limited summary data is available for this year.$11.9$0.82$11.1$2.08$0.90$1.17
2012Summary only. Only limited summary data is available for this year.$10.6$1.04$9.54$1.44$1.12$0.32
2011Summary only. Only limited summary data is available for this year.$10.2$1.00$9.24$3.65$1.11$2.53