Asian and Pacific Islander American Scholarship Fund
Asian and Pacific Islander American Scholarship Fund reported $11.1 million in revenue and $13.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.84 went to program services, $15.74 to management and general costs and $9.42 to fundraising. Its largest source of revenue was contributions and grants: 86.1% of the total. The highest compensation it reported for one person was $551,849 (PRESIDENT & EXECUTIVE DIRECTOR). 12 people received more than $100,000 in reportable compensation. Revenue fell 28% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 86.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $551,849 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.23% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 12 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 32.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCollege access: apia scholars manages the apia scholarship and gates millennium scholarships. Through these scholarship programs, apia scholars has distributed more than $260 million in college scholarships to more than 12,000 deserving scholars across the country and in the pacific islands. Our focus on multiyear scholarships removes financial barriers while promoting degree attainment
Student college to career success: student success programs reduce financial barriers to college completion and support college-to-career outcomes for apia scholars. Programs provide focused support through community engagement, guidance on managing financial challenges, and internship and career development programming to promote post-college success. Services are delivered through structured programs, workshops, events, and direct scholar support
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $509,837 | $0 | $42,012 | $551,849 |
| COO Officer, 40.00 hrs/week | $301,460 | $0 | $24,979 | $326,439 |
| CFO Officer, 40.00 hrs/week | $303,750 | $0 | $16,456 | $320,206 |
| AVP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $200,956 | $0 | $47,248 | $248,204 |
| VP OF SCHOLARSHIP (TO 11/2024) Highest compensated employee, 40.00 hrs/week | $190,134 | $0 | $3,814 | $193,948 |
| VP OF MARKETING AND COMMUNICATIONS Highest compensated employee, 40.00 hrs/week | $155,677 | $0 | $16,470 | $172,147 |
| OF SCHOLARSHIP OPERATIONS Highest compensated employee, 40.00 hrs/week | $130,432 | $0 | $30,733 | $161,165 |
| AVP OF STUDENT SUCCESS Highest compensated employee, 40.00 hrs/week | $138,264 | $0 | $7,241 | $145,505 |
12 people received more than $100,000 in reportable compensation from Asian and Pacific Islander American Scholarship Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 537
- Volunteers Part I, line 6440
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ROBERT TERANISHI Research and partnerships | $210,839 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Asian and Pacific Islander American Scholarship Fund totaling $1.6M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Asian and Pacific Islander American Scholarship Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Asian and Pacific Islander American Scholarship Fund, you can publish a response that is linked from this page.
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Of every $100 Asian and Pacific Islander American Scholarship Fund spent in FY2025, $74.84 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Folk Arts Cultural Treasures Charter SchoolPhiladelphia, PA · revenue $11M · programs 74.5% · FY2025
- Rochdale Early Advantage Charter SchoolJamaica, NY · revenue $11M · programs 83.5% · FY2025
- Far Hills Country Day SchoolFar Hills, NJ · revenue $11M · programs 73.7% · FY2025
- Milwaukee Scholars Charter SchoolMilwaukee, WI · revenue $11M · programs 94.5% · FY2025
- Associated Students San Jose State UniversitySan Jose, CA · revenue $11M · programs 96.3% · FY2025
All education charities · Largest charities in District of Columbia
Questions people ask
How much of Asian and Pacific Islander American Scholarship Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, Asian and Pacific Islander American Scholarship Fund reported that 74.8% of its $13.0 million in expenses went to program services, 15.7% to management and general and 9.4% to fundraising (Form 990, Part IX).
How much does Asian and Pacific Islander American Scholarship Fund pay its top executive?
The largest total compensation Asian and Pacific Islander American Scholarship Fund reported for one person in the fiscal year ending June 30, 2025 was $551,849, for the role of PRESIDENT & EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Asian and Pacific Islander American Scholarship Fund get its money?
Of $11.1 million in revenue in the fiscal year ending June 30, 2025, 86.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Asian and Pacific Islander American Scholarship Fund a registered charity?
The IRS lists EIN 57-1192973 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349313357 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521299349300227 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431179349300213 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320889349300827 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240819349301429 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111319349303416 · read the filing
All filings for EIN 57-1192973: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.