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Education : Scholarship and Financial Support

Asian & Pacific Islander American Scholarship Fund

Today's Minds, Tomorrow's Future.

91.98

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

Board Leadership
Kimo Kippen
Chair

CEO
Neil Horikoshi
President & Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.98
  Financial 91.09
  Accountability & Transparency 93.00
This rating was published 11/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

91.09

Accountability & Transparency

93.00

This rating was published 11/01/2016 and includes data from FY2015, 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 2.3%
  Fundraising Expenses 2.0%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.28
  Program Expenses Growth 8.6%
  Liabilities to Assets 10.2%
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) 91.98
Simon Youth Foundation (IN) 86.68
Children's Scholarship Fund (NY) 91.16
American Indian Services (UT) 86.56
Daniel Murphy Scholarship Fund (IL) 89.28

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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.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,750,372
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $340,774
   Related Organizations $0
   Government Grants $0
Total Contributions $18,091,146
   Program Service Revenue $0
Total Primary Revenue $18,091,146
   Other Revenue $-85,293
TOTAL REVENUE $18,005,853
   
EXPENSES  
   Program Expenses $16,995,173
   Administrative Expenses $417,058
   Fundraising Expenses $409,236
TOTAL FUNCTIONAL EXPENSES $17,821,467
   
Payments to Affiliates $0
Excess (or Deficit) for the year $184,386
   
Net Assets $4,872,393

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 $16,397,623 96.5%
Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 11/01/2016 91.98
2014-06 06/01/2016 90.72
 
CN 2.0
2014-06 12/01/2015 95.70
2014-06 11/01/2015 94.85
2013-06 07/01/2014 94.78
2012-06 04/01/2014 90.33
2012-06 06/01/2013 87.45

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, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

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).

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Compensation % of Expenses Paid to Title
$221,343 1.24% Neil Horikoshi President, Executive Director

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Asian & Pacific Islander American Scholarship Fund (DC) 91.98
Southern Scholarship Foundation (FL) 88.52
Institute for Educational Advancement (CA) 92.22
Inner-City Scholarship Fund (NY) 85.09
Alliance for Education (WA) 87.89

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This charity has an official representative registered with Charity Navigator.

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

Neil Horikoshi
President & Executive Director

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