Program areas at National Ace Foundation
Aapistrong
Education - Ace Foundation works to educate asian american and pacific islander business communities on issues that will directly improve their economic, political, and social well-being. Ace Foundation hosts events aimed to help educate the minority business community. These events include roundtables and symposiums coordinated with federal government agencies. Many of these events are virtual webinars which cover topics around access to capital, contracting opportunities, grant writing, retirement security, financial capacity, and challenges facing minority business owners.
Economic development - Ace Foundation educates local and regional aapi chambers of commerce, mou partners, and other stakeholders across the country to provide innovative business solutions through quality programs and services. Ace Foundation also contributes to our nation's economic growth, business development, and government efficiency by supporting programs and policies that create more aapi business owners, entrepreneurs, and corporate leaders.
Special projects
Other programs
Who funds National Ace Foundation
Grants from foundations and other nonprofits
Personnel at National Ace Foundation
| Name | Title | Compensation | Date of data |
|---|
| Chiling Tong | President and Chief Executive Officer | $0 | 2023-11-08 |
| Daniel Oliver | Chief Operating Officer | $0 | 2022-12-31 |
| Emily Fuder | Vice President of Programs and Marketing | | 2023-06-21 |
| Jan-Ie Low | Senior Director and Corporate Development and Events | | 2023-06-21 |
| Michelle Im | Senior Finance and Administration Manager | | 2023-06-21 |
| ...and 8 more key personnel |
Financials for National Ace Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $3,854,681 | $4,902,722 | -21.4% |
| Program services | $271,771 | $23,230 | 1069.9% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $4,126,452 | $4,925,952 | -16.2% |
Organizations like National Ace Foundation
| Organization | Type | Location | Revenue |
|---|
| Black Business Community Development Corporation | 501(c)(3) | Orlando, FL | $3,050,357 |
| VietAID | 501(c)(3) | Dorchester, MA | $1,939,615 |
| Build From Within Alliance | 501(c)(3) | Saint Paul, MN | $1,307,900 |
| Emerging Technology Centers | 501(c)(3) | Baltimore, MD | $1,063,533 |
| Foundation for Black Entrepreneurship | 501(c)(3) | Denver, CO | $1,255,984 |
| Chicagoland Entrepreneurial Center (CEC) | 501(c)(3) | Chicago, IL | $9,008,560 |
| Daytonmiami Valley Entrepreneurs Center | 501(c)(3) | Dayton, OH | $5,517,965 |
| Startout | 501(c)(3) | San Francisco, CA | $3,027,252 |
| Tampa Bay Wave | 501(c)(3) | Tampa, FL | $1,625,044 |
| The Catalyst Center for Business and Entrepreneurship | 501(c)(3) | Huntsville, AL | $1,592,920 |
Data update history
January 20, 2024
Updated personnel
Identified 3 new personnel
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 30, 2023
Used new vendors
Identified 1 new vendor, including
December 27, 2023
Received grants
Identified 7 new grant, including a grant for $1,000,000 from Verizon Foundation November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
Human servicesBusiness and industry
Characteristics
Provides grantsNational levelTax deductible donationsNo full-time employees
General information
- Address
- 1300 Pennsylvania Ave NW 700
- Washington, DC 20004
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Website URL
- nationalace.org/Â
- Phone
- (202) 204-2579
IRS details
- EIN
- 46-3200311
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2013
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 813410: Civic and Social Organizations
- Parent/child status
- Independent
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