Disable all preview features

Education : Scholarship and Financial Support

Asian & Pacific Islander American Scholarship Fund

Today's Minds, Tomorrow's Future.

three stars

89.92

2025 M Street NW Suite 610
Washington, DC 20036
tel: (877) 808-7032   Web Site
EIN: 57-1192973

Board Leadership
Kimo Kippen
Chair

CEO
Noël Suzanne Harmon
President & Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.92 three stars
  Financial 85.75 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Based in Washington, D.C., the Asian & Pacific Islander American Scholarship Fund (APIASF) is the nation's largest non-profit organization devoted to providing college scholarships for Asian Americans and Pacific Islanders (AAPI). APIASF works to create opportunities for students to access, complete, and succeed after post-secondary education; thereby developing future leaders who will excel in their career, serve as role models in their communities, and will ultimately contribute to a vibrant America. Since 2003, APIASF has distributed more than $60 million in scholarships to deserving AAPI students. APIASF manages two scholarship programs: APIASF's general scholarship and the Gates Millennium Scholars/Asian Pacific Islander Americans funded by a grant from the Bill & Melinda Gates Foundation.

Based in Washington, D.C., the Asian & Pacific Islander American Scholarship Fund (APIASF) is the nation's largest non-profit organization devoted to providing college scholarships for Asian Americans and Pacific Islanders (AAPI). APIASF works to create opportunities for students to access, complete, and succeed after post-secondary education; thereby developing future leaders who will excel in their career, serve as role models in their communities, and will ultimately contribute to a vibrant America. Since 2003, APIASF has distributed more than $60 million in scholarships to deserving AAPI students. APIASF manages two scholarship programs: APIASF's general scholarship and the Gates Millennium Scholars/Asian Pacific Islander Americans funded by a grant from the Bill & Melinda Gates Foundation.

Financial

three stars

85.75

Accountability & Transparency

four stars

100.00

This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
95.5%
  Administrative Expenses 2.1%
  Fundraising Expenses 2.2%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.28
  Program Expenses Growth 5.8%
  Liabilities to Assets 27.5%
All data for Financial Performance Metrics calculations was provided by Asian & Pacific Islander American Scholarship Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Asian & Pacific Islander American Scholarship Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Asian & Pacific Islander American Scholarship Fund (DC) 89.92 three stars
Institute for Educational Advancement (CA) 92.22 four stars
I Have A Dream Foundation - Los Angeles (CA) 92.18 four stars
10,000 Degrees (CA) 90.23 four stars
Horizons for Youth (IL) 87.22 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $19,952,754
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $196,824
   Related Organizations $0
   Government Grants $0
Total Contributions $20,149,578
   Program Service Revenue $0
Total Primary Revenue $20,149,578
   Other Revenue $-90,353
TOTAL REVENUE $20,059,225
   
EXPENSES  
   Program Expenses $19,213,457
   Administrative Expenses $509,229
   Fundraising Expenses $430,233
TOTAL FUNCTIONAL EXPENSES $20,152,919
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-93,694
   
Net Assets $5,336,350

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
APIASF Scholarship and the GMS/APIA $18,661,094 97.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 09/01/2018 89.92 three stars
2016-06 03/01/2018 89.20 three stars
2015-06 02/01/2017 93.69 four stars
2015-06 11/01/2016 91.98 four stars
2014-06 06/01/2016 90.72 four stars
 
CN 2.0
2014-06 12/01/2015 95.70 four stars
2014-06 11/01/2015 94.85 four stars
2013-06 07/01/2014 94.78 four stars
2012-06 04/01/2014 90.33 four stars
2012-06 06/01/2013 87.45 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 57-1192973
Name in IRS Master File ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$223,165 1.10% Neil Horikoshi President & Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Asian & Pacific Islander American Scholarship Fund (DC) 89.92 three stars
Daniel Murphy Scholarship Fund (IL) 90.96 four stars
The Francis Ouimet Scholarship Fund (MA) 87.21 three stars
Take Stock in Children Palm Beach County (FL) 97.22 four stars
Jackie Robinson Foundation (NY) 86.86 three stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Asian & Pacific Islander American Scholarship Fund
2025 M Street NW
Suite 610
Washington, DC 20036
tel: (877) 808-7032
fax: (202) 530-0643
EIN: 57-1192973

Visit Web Site

Board Leadership

Kimo Kippen
Chair

CEO

Noël Suzanne Harmon
President & Executive Director

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.