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California Asian Pacific Chamber of Commerce Foundation

EIN 68-0423644 · Sacramento, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair67 out of 100GovernanceFair68 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO STRENGTHEN UNDERSERVED, DIVERSE COMMUNITIES THROUGH LEADERSHIP, PROFESSIONAL DEVELOPMENT AND EDUCATION, COMMUNITY ECONOMIC AND WORKFORCE DEVELOPMENT, ALONG WITH CULTURAL DIPLOMACY PROGRAMS THAT BUILD CAPACITY WITHIN THE STATE'S NEXT GENERATION OF ASIAN AMERICAN PACIFIC ISLANDER LEADERS' ETHNIC-BASED GROWER ASSOCIATIONS, COMMUNITY-BASED SERVICE AND FAITH-BASED ORGANIZATIONS, BUSINESS AND CIVIL SOCIETY ORGANIZATIONS WHO RELFECT THE DIVERSE TAPESTRY OF CALIFORNIA'S ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITY.

Income
$1.0 million
Spending
$1.0 million
Spent on programs
80%
Reserves
5.7 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 67 out of 100. Higher than 49% of charities in its peer group (education, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.7 months of spending.

  • Debt

    10 of 20

    It owes 34% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    10 of 15

    Income fell 5% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 68 out of 100. Higher than 23% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $77,777 spent. 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 300 INDIVUDLAS HAVE GRADUATED FROM THE CATALYST LEADERSHIP PROGRAM.THE CAL ASIAN FOUNDATION CONTINUED THE AAPI LIFT PROGRAM IN 2024. AAPI LIFT IS A LEADERSHIP PROGRAM THAT FOCUSES ON MENTORING COMMUNITY LEADERS, BUSINESS OWNERS, AND ENTREPRENEURS FOR PUBLIC SERVICE, ADVOCACY AND/OR PUBLIC OFFICE. THE PROGRAM COMBINES LEADERSHIP DEVELOPMENT WITH INDIVIDUALIZED MENTORSHIP, EQUIPPING PARTICIPANTS WITH THE SKILLS AND INSIGHTS NEEDED TO BECOME CHANGEMAKERS IN THEIR COMMUNITIES, COVERING TOPICS SUCH AS BUILDING COALITIONS, COMMUNICATING YOUR AGENDA, RUNNING WINNING CAMPAIGNS, AND GOVERNING EFFECTIVELY.THE CAL ASIAN FOUNDATION CONTINUED ITS "NETGEN EMPOWER U" PROGRAM IN 2024. NEXTGEN EMPOWER U IS A 3-MONTH PROGRAM DESIGNED TO EMPOWER SOCIOECONOMICALLY DISADVANTAGED FIRST- AND SECOND-GENERATION YOUNG ADULTS SUPPORTING THEIR JOURNEY THROUGH HIGHER EDUCATION AND CAREER SUCCESS. THE PROGRAM TOUCHES ON TOPICS SUCH AS RELATIONSHIP BUILDING, COMMUNICATION, EDUCATION, CAREER DEVELOPMENT, AND FINANCIAL MANAGEMENT.
  2. $440,860 spent. 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 CALIFORNIA'S DIVERSE COMMUNITIES.
  3. $258,012 spent. 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.
  4. $46,719 spent. KITCHEN INNOVATION ELECTRICAL DEVELOPMENT PROGRAM,CONNECTING POINT EVENTS, ETC.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.