Human Services
Ace Foundation
WASHINGTON, DC
Total revenue
$3.2M
Total expenses
$2.3M
Net assets
$3.0M
Grants received
$6.2M
25 grants
EIN
463200311
Tax year
2024
Mission
Improve the quality of life for asian and pacific islander americans through business education.
Programs
3 programs
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.
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.
Other programs
Financials
FY 2024
Revenue
Expenses
People
18 listed
KAREN ENG
CHAIR
—
2 hrs/wk
JIMMY FERGUSON
VICE CHAIR
—
2 hrs/wk
TRACEY DOI
TREASURER
—
2 hrs/wk
AMIT BHATNAGAR
SECRETARY (THROUGH JANUARY)
—
2 hrs/wk
CY CHEN
DIRECTOR
—
1 hrs/wk
MELODY CHEN
DIRECTOR
—
1 hrs/wk
SUSAN JIN DAVIS
DIRECTOR
—
1 hrs/wk
TAMMY FUNASAKI
DIRECTOR
—
1 hrs/wk
DENNIS HUANG
DIRECTOR
—
1 hrs/wk
BILL IMADA
DIRECTOR
—
1 hrs/wk
NARUMI INATSUGU
DIRECTOR
—
1 hrs/wk
CHEWY JANG
DIRECTOR (THROUGH JANUARY)
—
1 hrs/wk
SHAU-WAI LAM
DIRECTOR
—
1 hrs/wk
MARTY LORENZO
DIRECTOR (THROUGH JANUARY)
—
1 hrs/wk
IAN SO
DIRECTOR (THROUGH JANUARY)
—
1 hrs/wk
FA'AMOANA UTA'I
DIRECTOR
—
1 hrs/wk
BIN YU
DIRECTOR
—
1 hrs/wk
CHILING TONG
PRESIDENT AND CEO
—
2 hrs/wk
Independent contractors
NATIONAL ACE
MANAGEMENT & ADMINISTRATIVE SVCS
Grants received
Showing 25 of 25
Funded by
$6.2M from 11 funders · 25 grants · 2018–2024
$5.4M · 4 grants · 2021–2023
$300K · 6 grants · 2020–2023
$125K · 1 grant · 2021
$100K · 4 grants · 2020–2023
$65K · 2 grants · 2020–2023
$59K · 1 grant · 2023
$50K · 1 grant · 2020
$40K · 3 grants · 2018–2024