Grantmaking public charityEIN 463200311

ACE FOUNDATION

WASHINGTON, DC 20004

Total Assets

$3.4M

FY 2024

Annual Giving

$790K

FY 2024

Grants Made

74

FY 2024

Avg Grant

$11K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$255K

Economic development - ace foundation educates local and regional aapi chambers of commerce, mou partners, and other stakeholders across the country to provide innovative business solutions through quality programs and services. Ace foundation also contributes to our nation's economic growth, business development, and government efficiency by supporting programs and policies that create more aapi business owners, entrepreneurs, and corporate leaders. In 2024, ace foundation held 4 multi-week accelerators with 2,804 attendees.

Program 2

$247K

Education - ace foundation works to educate asian american and pacific islander and all small business communities on issues that will directly improve their economic, political, and social well-being. Ace foundation hosts events aimed to help educate minority and all business communities. These events include roundtables and symposiums coordinated with federal government agencies. Many of these events are virtual webinars which cover topics around access to capital, contracting opportunities, grant writing, retirement security, financial capacity, and challenges facing minority business owners. In 2024, ace foundation had a total of 3,159 in-person attendees and 3,839 webinar attendees. We had a total of 970 attendees at our small business roundtables and 1,416 at our signature events.

Program 3

$70K

Other programs

Focus Areas

Human Services

Financial Snapshot

2024 filing

Total Revenue

$3.2M

Total Expenses

$2.3M

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $2.1M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

231 grants

FACING EAST TAIWANESE RESTAURANT
$100K
1 grant
BARBE-QUEEN
$100K
1 grant
IMPERYO LLC
$100K
1 grant
RANKEN NOODLE HOUSE LLC
$75K
2 grants
ALOHA ISLAND MARKET AZ
$50K
1 grant
SUNHEE'S FARM AND KITCHEN LLC
$50K
1 grant
BH LIFE LLC
$45K
3 grants
KORAI KITCHEN LLC
$40K
2 grants

Grant Size Distribution

231 grants

<$10K
80
grants
$10–50K
148
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

46 states

California
$620K
15% of total
New York
$350K
8% of total
Illinois
$345K
8% of total
Washington
$325K
8% of total
Texas
$230K
6% of total
Hawaii
$170K
4% of total
Utah
$125K
3% of total
Ohio
$125K
3% of total
Maryland
$115K
3% of total
Oregon
$105K
3% of total

+36 more states

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