The Asian American Foundation

The Asian American Foundation (TAAF) is an American foundation founded in 2021 by a group of prominent Asian Americans and Pacific Islanders, aiming to support an array of Asian American and Pacific Islander causes and create a national infrastructure for a community that has faced an increasing number of racial attacks.[2] Launched with $250 million,[3] TAAF is described by organizers as the largest-ever philanthropic effort to support the AAPI community in history.[4] The founders include Joe Tsai, Joseph Bae, Li Lu, Peng Zhao, Sheila Lirio Marcelo, Jerry Yang, and Jonathan Greenblatt. Its Founding Advisory Council members include Daniel Dae Kim, Lisa Ling, Condoleezza Rice, Jeremy Lin and more.[5] The organization is presently chaired by Li Lu, hedge fund manager who founded Himalaya Capital Management.[6]

The Asian American Foundation
NicknameTAAF
Formation2021
Legal statusNon-profit
PurposeAsian American movement
Location
  • Washington, D.C.[1]
Servicesincubator, funder, organizer, media
Key people
Li Lu (Chairman)
Main organ
Board of Directors
AffiliationsAAAJ, Stop AAPI Hate, National Asian American Women's Forum
Budget
US$250,000,000
Websitetaaf.org

Initiatives

The funding will go to three focus areas: supporting anti-hate organizations and initiatives, data collection and research to support policy change and education through curriculum development, storytelling, film and the arts.[7]

TAAF's AAPI Giving Challenge funds AAPI communities and causes which develop programs which further TAAF's mission.

References
  1. "The Asian American Foundation Launches to Improve AAPI Advocacy, Power, and Representation Across American Society". The Asian American Foundation. 3 May 2021. Retrieved 19 May 2021 – via Cision.
  2. "Asian-American business leaders launch $250M effort to fight hate". Reuters. 2021-05-03. Retrieved 2021-05-08.
  3. "Asian American Foundation launched with pledges totaling $250 million". Philanthropy News Digest. Retrieved 20 May 2021.
  4. "Lisa Ling, Naomi Osaka, Jeremy Lin, Kevin Durant, and More Help Launch The Asian American Foundation". PEOPLE.com. Retrieved 2021-05-08.
  5. "Nets' Joe Tsai, Yahoo Founder Jerry Yang and More Launch $250 Million Initiative to Fight Hate". news.yahoo.com. Retrieved 2021-05-08.
  6. "Asian-American leaders launch US$250 million effort to combat hate". South China Morning Post. 2021-05-04. Retrieved 2021-08-31.
  7. Sorkin, Andrew Ross; Lee, Edmund (2021-05-03). "Asian-American Business Leaders Fund Effort to Fight Discrimination". The New York Times. ISSN 0362-4331. Retrieved 2021-05-10.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.