Public Charity

THE ASIA FOUNDATION

THE ASIA FOUNDATION, of SAN FRANCISCO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $91.5M in revenue, $96.7M in expenses, $97.0M in total assets. 105 publicly reported grants to this organization, totaling roughly $50.8M, appear in IRS filings.

EIN: 941191246 SAN FRANCISCO, CA International Development NTEE: Q30 Latest filing: 2025
Total Revenue$91.5M
Total Expenses$96.7M
Total Assets$97.0M
Grant Records105
Funding Total$50.8M
Filing Years2021–2025

Mission

THE ASIA FOUNDATION (TAF) IS AN INTERNATIONAL NONPROFIT ORGANIZATION WORKING TO SOLVE THE TOUGHEST SOCIAL AND ECONOMIC CHALLENGES IN ASIA AND THE PACIFIC. (CONTINUED ON SCHEDULE O)

Where $100 goes at The Asia Foundation

How The Asia Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$13 Management running the organization
$1 Fundraising raising the next dollar

Inside the $86 for programs

$51
Governance
60% of program spending
$25
Economic growth
29% of program spending
$9
Women's empowerment
10% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
For grant recipient's exempt purposes
$5,035,950
2024
GRANT FOR CIVIL SOCIETY AND MEDIA-STRENGTHENED PROJECT
$4,882,632
2024
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$1,000,000
2024
INTERNATIONAL, FOREIGN AFFAIRS
$692,753
$642,406

Showing up to 5 of 105 total records — full history available with membership.

Officers & Directors

FORMER KEY EMPLOYEE Amy Ovalle
CHIEF OF STAFF; ASST. SECRETARY Behnaz Raufi
TRUSTEE Calvin Sims
TRUSTEE Cheng-Ling Chen
TRUSTEE Clare Lockhart
TRUSTEE Daniel F Feldman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$22,952,881 60 grants
Economic Development
$22,144,469 6 grants
International Aid & Development
$3,644,604 19 grants
Environment & Conservation
$915,618 4 grants
Education
$333,683 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $91.5M $96.7M $97.0M
2024 $115.3M $117.0M $90.2M
2023 $114.5M $117.9M $88.3M
2022 $101.6M $104.7M $77.8M
2021 $96.5M $97.5M $76.4M

Between 2021 and 2025, reported annual revenue declined from $96.5M to $91.5M (-5%), with total assets most recently reported at $97.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE ASIA FOUNDATION

Complete financials, all 105 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time