July 9, 2007
There is a growing need for funding to serve Asian Americans and Pacific Islanders, not only by the largest U.S. foundations, but also by Asian Americans themselves. (With Asian Americans on the whole having the highest graduation rates in education and highest median household income, this suggests that Asian Americans do have a lot to contribute.)
The giving trends of the top U.S. foundations to Asian American and Pacific Islander (AAPI) communities has not kept pace with the growth of these communities or of foundation assets, according to a new report released on June 21, 2007 by Asian Americans/Pacific Islanders in Philanthropy (AAPIP). The report, Growing Opportunities, looks at the country’s top 20 national foundations’ grantmaking between 1990 and 2002 and finds significant funding disparities to AAPI communities in several areas. The report concludes with a call to action to the philanthropy field to reduce these gaps.
cf. The Chronicle of Philanthropy mentioned about this report in their article Foundation Support Stagnates for Asian-American Causes
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