Building a Bright Future for Generations to Come Annual Report 2014–2015 MESSAGE from the CHAIR BOARD of DIRECTORS
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Building a Bright Future for Generations to Come Annual Report 2014–2015 MESSAGE FROM THE CHAIR BOARD OF DIRECTORS Emerald Yeh Tom Cole Chair Managing Partner, Dear Friends and Supporters, Journalist CSC Venture Capital I’m often asked what has kept me Andrew Cuyugan McCullough Andrew Ly engaged as a board member of the Treasurer President & CEO, Asian Pacific Fund for the past 22 years. General Counsel, Syufy Sugar Bowl Bakery Enterprises Besides the great needs in our local Raymond L. Ocampo Jr. Asian community and the opportunity Nelson Ishiyama President & CEO, to have an impact, there is something Secretary Samurai Surfer LLC far more profound that binds me to its President, mission year after year. It is a distinct Ishiyama Corporation Satish Rishi and compelling quality about the Asian Chief Financial Officer, Rambus community that inspires me to this day. That quality is called soul and Huifen Chan it is embodied in our donors, our board members, our community Managing Director, Leo Soong YongHeng Partners Co-Founder, organizations and the people we help. Crystal Geyser Water Company As for the soul of the Asian Pacific Fund, it is beautifully expressed Laura Ching Co-Founder, Tiny Prints Michael A. Yoshikami through our signature program, Growing Up Asian in America, CEO & Founder, which turns 20 this year. Our annual art, video and essay contest Destination Wealth Kathy Chou Management captures the emotions and experiences of our youth as they deepen VP Strategy and Operations their sense of Asian roots while forging their own identities and Americas, VMWare Board Emeritus visions of success. The literary and artistic fruits of this contest bring Robert Lee to life why we are so invested in our community. David Chun Chairman of the Board, CEO & Founder, Equilar Blue Shield of California In just the last three years, we have more than doubled the grant dollars we distribute. But it is how we impact our community Peter Y. Chung Board Emeritus that makes the Asian Pacific Fund unique. We give grants to help Managing Director & CEO, Jerry Yang organizations operate and fundraise more effectively, making them Summit Partners Co-Founder, Yahoo! stronger so they can not only survive but help more people in need. An example is the Community Youth Center (CYC) which used our grant and guidance to win a $400,000 grant from a consortium ADVISORY COUNCIL of foundations. The CYC was the only Asian organization from the Bay Area to be chosen among 90 applicants from across the state Christina Bui Nick Mehta for these large grants. According to their Executive Director, Sarah VP, Enterprise Solutions, CEO, Gainsight Wan, “We owe it all to the Asian Pacific Fund for getting us on track Robert Half and moving forward.” This represents the ripple effect possible Dale Minami through the strategic investment of our collective resources. Tracy Chan Partner, Minami Tamaki LLP Senior Managing Director, First Republic Bank Anna Mok Thank you for helping us to create the ripples of support that are Managing Partner, Deloitte reaching our most vulnerable with lasting impact and heartfelt soul. Jan Kang On behalf of all of us at the Fund, we look forward to continuing to VP & General Counsel, Marie Oh Huber work together to strengthen our Asian Pacific Islander community AOptix Technologies Inc. Senior VP & General Counsel, while improving lives. eBay Tony Kim Managing Director, BlackRock Hyun Park Sincerely yours, Senior VP & General Counsel, Jill Kitazaki PG&E COO, Denning & Company LLC William Park CEO, DeepDyve, Inc. Yul Kwon Emerald Yeh Deputy Chief Privacy Officer, Asian Pacific Fund Board Chair & Founding Board Member Facebook Frederick Seguritan Founder, Sajor Capital Margaret Lapiz Anthony Soohoo VP for Strategy and Integration, Co-Founder & CEO, Dot and Bo The Permanente Medical Group Tim Vi Tran Lance Lew Founder & President, Director of Community The Ivy Group Marketing, NBC Bay Area Thuy Vu Yabo Lin “KQED Newsroom” Host, KQED Partner, Sidley Austin LLP Ken Yeung “Next Generation” by Anisha P. of Sunnyvale “Festivity of the Lion Dance” Dave Lu Founder & President, by Alisha G. of Cupertino Co-Founder, Pared Prince of Peace Enterprises INVESTING IN OUR FUTURE CONNECTING DONORS TO COMMUNITY NEEDS CELEBRATING LEADERSHIP AND CREATIVITY GRANTS TO OUR COMMUNITY WHAT OUR PARTNERS ARE SAYING The widespread perception that all Asian Americans are well-educated and successful masks the struggles that many in our community LEADERSHIP IN PHILANTHROPY AWARD: GIDEON YU face. This lack of visibility often results in diminished support and services for some of our most vulnerable. The Asian Pacific Our network of 74 nonprofit organizations works tirelessly to serve The Asian Pacific Fund is more than our funder — they are Fund supports organizations that address community needs and helps donors maximize the impact of their contributions to these Each year, the Fund’s board of directors selects an individual who has achieved significant success the most vulnerable members of the Bay Area’s Asian and Pacific Islander invested in our successes in such a personalized way. They asked us important causes. In 2015, the Asian Pacific Fund distributed nearly three-quarters of a million dollars in grants and while also making a difference by giving back. Gideon Yu is the chief executive officer and co-founder community. For these groups, funding to strengthen their sustainability for meaningful input from the very beginning and made good on scholarships to support the most vulnerable members of our community. of Eva Automation as well as a co-owner and former president of the San Francisco 49ers. He was the and impact is a top priority but is often the hardest to secure. Through tailoring their approach to meet our needs. API Wellness Center first team president of color in the National Football League. Prior to his career in sports management, is stronger and has achieved bigger wins because of their support. our Capacity Building and Civic Engagement Initiative, we are helping ACCESS TO EDUCATION UNSEEN POVERTY Gideon was the chief financial officer of both Facebook and YouTube. Through his family foundation, our affiliates invest in infrastructure that is critical to their future Lance Toma, Executive Director, Asian & Pacific Islander Wellness Center he has supported anti-poverty programs, scholarships at Stanford University and ministries across the success. This three-year program that launched in 2014 distributes country. He has also been a major contributor to and board member of the UCSF Foundation and $300,000 annually to 11 organizations and supports critical projects Percentage who have obtained Percentage of Asian and Pacific Islander organizations that support the underserved, such as BUILD and Tipping Point Community. that include: It’s difficult to get funding for capacity building, and the bachelor’s degree or higher households that are low income by county Asian Pacific Fund understands how important this is to an Upgrading a fundraising database for a Chinatown organization’s future. Their support is making it possible for CYC civil rights group that advocates for our immigrant to strengthen its impact on the youth and the community it serves. CHANG-LIN TIEN LEADERSHIP IN EDUCATION AWARD: community Sarah Wan, Executive Director, Community Youth Center of San Francisco S. DAVID WU Funding positions that strengthen two domestic violence prevention agencies in San Francisco and The Tien Award honors the legacy of Dr. Chang-Lin Tien, the former chancellor of the University San Jose of California, Berkeley, and the first Asian American to lead a major university. To honor Dr. Tien’s inspiring legacy, his family established this program to encourage more Asian Americans to aspire to the Expanding medical services at a free community leadership that he exemplified. This year’s recipient, S. David Wu, joined George Mason University as clinic that serves low-income and LGBTQI Asian provost and executive vice president in 2014. As chief academic officer, he is responsible for all aspects residents in the Tenderloin SENIORS IN NEED STRUGGLES WITH MENTAL HEALTH of academic administration at the university. Prior to his most recent appointment, Dr. Wu served as dean of the P.C. Rossin College of Engineering and Applied Science and held the Lee A. Iacocca Completing a major Bay Area Korean community 76% of Asian seniors in Santa Clara Suicide is the second leading cause of endowed chair at Lehigh University. needs assessment that found high incidences of breast cancer among Korean women County are considered economically death for Asian and Pacific Islander men insecure and struggle to meet basic and women between the ages of 15 Establishing best practices and leadership training housing, medical and nutritional needs. and 24. for a youth development organization that serves more than 5,000 at-risk Asian young people per year THE 20TH ANNIVERSARY OF GROWING UP COMMUNITY SPOTLIGHT: Sources: AAPI Data, Centers for Disease Control and Prevention, Community of Contrasts, Council on Aging Silicon Valley VIETNAMESE YOUTH DEVELOPMENT CENTER ASIAN IN AMERICA: CELEBRATING OUR ROOTS In celebration of the 20th anniversary of Growing Up Asian in America, we asked Bay SCHOLAR SPOTLIGHT: San Francisco’s Tenderloin district is not known as family friendly, but it’s where thousands of Southeast Asian refugees settled down after the Area students to share the story of their family’s journey to the United States. More than ALBERT ALIX Vietnam War. Since 1975, Cambodian, Laotian and Vietnamese refugees 700 Asian and Pacific Islander K-12 students submitted art, essay and video entries for DONOR SPOTLIGHT: AMY TAN this year’s program. This is what a couple of this year’s winners shared with us: Recipient of the Banatao Family have raised their families in this high-crime, but affordable, neighborhood. Mother and I Filipino American Education Located at the heart of the Tenderloin, the Vietnamese Youth Our charitable philosophy is based on addressing BOARD SPOTLIGHT: Valerie K., Grade 12, Fremont Development Center (VYDC) is a lifeline for families struggling to Fund Scholarship both ongoing needs and newly emerging ones.