Public & Societal Benefit
Asian Entrepreneurship Foundation
BOSTON, MA
Total revenue
$496K
Total expenses
$564K
Net assets
$61K
Grants received
$17K
2 grants
EIN
474004081
Tax year
2024
Mission
Our mission is to empower asian american and pacific islander (aapi) entrepreneurs and business owners through education, mentorship, and community building.
Programs
3 programs
During the year, the organization advanced its exempt purpose of fostering economic growth, leadership development, and community building among asian american and pacific islander (aapi) business owners and entrepreneurs. The organization organized a series of educational workshops, mastermind groups, and business retreats designed to provide professional development, peer learning, and mentorship opportunities. These programs equipped participants with practical skills in business strategy, financial management, marketing, and leadership, while creating a supportive network for collaboration and shared growth. Through these initiatives, the organization conducted 34 workshops for aapi entrepreneurs nationwide, empowering them to strengthen their businesses and contribute to the broader economic advancement of the aapi community in alignment with its charitable and educational mission.
During the year, the organization advanced its exempt purpose of promoting economic development and entrepreneurship by organizing educational and networking events for aapi business owners and entrepreneurs across multiple city chapters. These events provided opportunities for participants to learn from industry experts, share best practices, and build strategic relationships to strengthen their local business communities. The organization hosted 97 local chapter events attended by approximately 2,234 attendees, featuring workshops on business planning, access to capital, marketing, and leadership development. Through these programs, the organization fostered collaboration among small business owners and encouraged innovation and sustainable business growth consistent with its charitable and educational mission.
During the year, the organization advanced its exempt purpose of promoting entrepreneurship and economic empowerment within the asian american and pacific islander (aapi) community by launching and operating a virtual business accelerator program. The program provided aapi business owners and entrepreneurs with structured mentorship, educational workshops, and access to capital resources designed to support business growth and sustainability. The accelerator engaged 200 participants nationwide and featured training modules on business planning, marketing strategy, financial management, and leadership development. Participants received individualized coaching from experienced mentors and industry professionals. By providing these capacity-building resources, the organization strengthened the aapi entrepreneurial ecosystem and furthered its charitable and educational mission to expand economic opportunity and representation for underserved business owners
Financials
FY 2024
Revenue
Expenses
People
9 listed
REAHMAN AFSHAR
DIRECTOR
—
2 hrs/wk
MELODY CHEN
DIRECTOR
—
2 hrs/wk
TRISTAN NGUYEN
DIRECTOR
—
2 hrs/wk
CHEWY JANG
DIRECTOR
—
2 hrs/wk
JOHN VICTORIA
DIRECTOR
—
2 hrs/wk
FRANCES LUONG
DIRECTOR
—
2 hrs/wk
MELVIN REYES
DIRECTOR
—
2 hrs/wk
LAWRENCE YEH
DIRECTOR
—
2 hrs/wk
ANH THI PHAM
DIRECTOR OF PARTNERSHIP
$106K
40 hrs/wk
Grants received
Showing 2 of 2
Funded by
$17K from 2 funders · 2 grants · 2022–2023
$11K · 1 grant · 2023
$6K · 1 grant · 2022