Asia Group Foundation
- Assets
- $1.8k
- Revenue
- $155.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 81-0737670
Organization Overview
Asia Group Foundation is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asia Group Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Asia Group Foundation generated $155.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $192.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Asia Group Foundation has awarded 73 individual grants totaling $1,139,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rexon Ryu Chairman | 1 | $0 | |
Nirav Patel Vice Chairman | 1 | $0 | |
Ashok Malik Director | 1 | $0 | |
Kurt Tong Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $155,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $155,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,226 |
| Total operating and administrative expenses | $1,226 |
| Contributions, gifts, grants paid | $191,000 |
| Total expenses and disbursements | $192,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,773 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,773 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Asia Group Foundation has awarded $191,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL STUDENT CONFERENCES INC PURPOSE: JASC, KASC AND CHASC CONFERENCES | $10,000 |
K'IIN BEH AC FOUNDATION PURPOSE: EJIDAL LOT NO.24 NORTH | $20,000 |
NAUDL PURPOSE: PROVIDE SUPPORT FOR DEBATE PROGRAMMING FOR MIDDLE AND HIGH SCHOOL STUDENTS LIVING IN AN URBAN SETTING. | $55,000 |
RHINO 911 PURPOSE: CONTRIBUTION TO EXPAND HELICOPTER OPERATIONS DURING NIGHT RESCUE MISSIONS OF ENDANGERED RHINOS | $10,000 |
RUNNING START PURPOSE: PROVIDE SUPPORT AND ENCOURAGEMENT FOR HIGH SCHOOL GIRLS THAT ARE INTERESTED IN LEADERSHIP WITHIN POLITICS. | $20,000 |
ASIAN PACIFIC AMERICAN INSTITUTE FOR CONGRESSIONAL STUDITES PURPOSE: AAPI SUPPORT | $10,000 |