EIN 68-0423644

California Asian Pacific Chamber of Commerce Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1993
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The California Asian Pacific Chamber of Commerce Foundation strengthens underserved, diverse communities through leadership and professional development.
Related structure
California Asian Pacific Chamber of Commerce Foundation is a subordinate organization under California Asian Pacific Chamber of Commerce (CalAsian).
Total revenues
$1,091,680
2023
Total expenses
$970,274
2023
Total assets
$1,219,719
2023
Num. employees
0
2023

Program areas at California Asian Pacific Chamber of Commerce Foundation

The catalyst leadership program, now in its 17th year, provided 25 individuals with a 9-month, hands-on leadership development program designed to develop the management skills of diverse young professionals and emerging leaders. Participants develop an individual leadership plan; join community, social service or professional organizations; and meet with community leaders in order to forge key relationships within the state. Over 200 indivudlas have graduated from the catalyst leadership program.the Foundation also continued the aapi lift program in 2023. Aapi lift is a leadership program to promote Asian american Pacific islanders (aapi) in the private sector who are interested in entering public service. The program is a 6-month training and mentorship program delivered by aapi political professionals that offers practical insights about setting policy, building coalitions, communicating your agenda, running winning campaigns, and governing effectively.in addition, the Foundation continued its "netgen empower u" program in 2023. Nextgen empower u is a 3-month program designed to empower the next generation of aapi to be successful in many facets of their lives. The program helps participants discover and define their own personal definition of life success, touching on topics such as relationship building, communication, education, career development, and financial management.
The Foundation continues to support state-wide efforts of chambers of Commerce with their work to maintain and expand business centers providing technical assistance and business services to minority buiness enterprises, as well as assisting with financing and contract opportunities. The Foundation also supported their efforts to promote diversity, equity and inclusion to advance opportunites and ensure investments in California's aapi and diverse communities.
The Foundation participated in the "stop the hate" program in partnership with the sierra health Foundation and the California dept of social services to protect aapi communities from hate crimes. The program also assists the aapi business community prevent and overcome aapi hate.the Foundation was also awarded a grant to assist with work on a regional immigration plan, to understand the current state of immigration in California, assist with immigration reform, and help integrate efforts.
Kitchen innovation electrical development program,connecting point events, "node" virtual operations, etc.

Who funds California Asian Pacific Chamber of Commerce Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ImpactAssetsGeneral Supportthis Grant Is for Together for Health.$75,000
Tides FoundationHealthy Individuals and Communities$30,000
MUFG Union Bank FoundationCharitable$25,000
...and 3 more grants received

Personnel at California Asian Pacific Chamber of Commerce Foundation

NameTitleCompensation
Pat Fong KushidaChief Executive Officer$0
Ian SoChair / Director$0
Carol ZhengDirector$0
Rob FongPresident / Director / Secretary$0
Tim YamauchiTreasurer$0
...and 2 more key personnel

Financials for California Asian Pacific Chamber of Commerce Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,065,587
Program services$52,000
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-25,907
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,091,680

Form 990s for California Asian Pacific Chamber of Commerce Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-12990View PDF
2021-122022-11-15990View PDF
2020-122021-11-18990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s
Data update history
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Comerica Charitable Foundation
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from MUFG Union Bank Foundation
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
Provides grantsPartially liquidatedFundraising eventsState / local levelFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1610 R St 300
Sacramento, CA 95811
Metro area
Sacramento-Roseville-Folsom, CA
County
Sacramento County, CA
Phone
(916) 446-7883
IRS details
EIN
68-0423644
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
113692
FTB Entity ID
2126039
AB 488 data last updated ("as-of") date
2024-12-31
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