Asian & Pacific Islander American Scholarship Fund

At a Glance

National Office: 
2025 M St. NW, St. 610
Washington, DC 20036
Phone: 202-986-6892 or 877-808-7032

Neil Horikoshi
People Served: 
100,000
Year Founded: 
2003
Tax ID: 
57-1192973

Focus area(s):

College Access
Personal & Leadership Development

Description

At a time when 50-60 percent of some Asian American and Pacific Islanders (AAPI) subgroups have never enrolled in college—and with nearly half attending community colleges—the Asian & Pacific Islander American Scholarship Fund (APIASF) plays a critical role in ensuring students have resources to access college and obtain a degree to build a diverse pipeline of future leaders in America.

Impact and Outcomes

Since APIASF's inception, more than $100 million in college scholarships have been distributed to deserving AAPI students.
Sixty-nine percent of the 2015-16 general scholarship recipients were first generation to attend college.
Nearly 70 percent of all APIASF Scholars from 2005-2013 come from families with incomes of $30,000 or less a year.
Of APIASF’s first three cohorts of scholarship recipients in 2005, 2006 and 2007, 83 percent have become college graduates versus the national average of 30 percent.
Nearly 50 percent of all AAPI students enrolled in higher education are attending community colleges. APIASF was the only national scholarship organization to create a program to help these underserved students.

Mission & Goals

The Asian & Pacific Islander American Scholarship Fund (APIASF) is the nation's largest non-profit provider of college scholarships for Asian Americans and Pacific Islanders (AAPIs). APIASF places an intentionally strong focus on students who live at or below the poverty level, are the first in their families to attend college, are traditionally underrepresented in higher education and are committed to community service.

APIASF’s holistic approach includes partnerships with a number of nonprofit, corporate, advocacy organizations, and the nation’s Asian American Native American Pacific Islander Serving Institutions (AANAPISIs) to support opportunities for students to access, complete, and succeed after post-secondary education. Through its programs, APIASF is able to develop future leaders who excel in their careers, serve as role models in their communities, and contribute to a vibrant America.

For more information about APIASF's mission and goals, click here.

Program

APIASF manages three scholarship programs: APIASF's general scholarship, APIASF AANAPISI scholarship and the Gates Millennium Scholars/Asian Pacific Islander Americans funded by a grant from the Bill & Melinda Gates Foundation. Through these programs, APIASF has distributed more than $100 million in college scholarships to more than 6,000 deserving AAPI students across the country and in the Pacific Islands. 

The APIASF AANAPISI scholarship program collaborates with AANAPISIs and the communities they serve to provide specialized scholarships, expand institutional capacity and foster economic development. This scalable model utilizes AANAPISIs as key points of intersection to make a difference for the most underserved AAPI students. APIASF is already partnering with eighteen of the AANAPISI campuses to provide scholarships and overtime aims to become the only national scholarship organization with linkages to all 173 AANAPISIs and the communities they serve.  

In addition to scholarship support, APIASF has a comprehensive range of programs that include research and data collection, national higher education summits and communications strategies that will better inform policy leaders, campus administrators and the general public to help improve educational opportunities for AAPI students.

Impact

APIASF understands that there are many misperceptions that exist regarding the AAPI community, with perhaps the most detrimental being that all AAPIs are well educated and financially successful. APIASF is working to mobilize resources and create opportunities for students to access, complete, and succeed after post-secondary education, fostering a generation of future leaders who will excel in their careers and serve as role models in their communities. With a college degree, an underserved AAPI student’s lifetime income increases by more than $1 million, which uplifts communities and lowers poverty rates.
 
APIASF has made significant gains by providing more than $80 million in college scholarships to deserving students. Most importantly, more than 80 percent of APIASF’s first three cohorts of scholarship recipients in 2005, 2006 and 2007 have become college graduates, versus the national average of 30 percent. In addition, more than half of APIASF’s scholarship recipients are the first in their family to attend college and nearly 70 percent of the last scholarship class came from families with incomes of $30,000 or less per year.
 
APIASF’s holistic approach provides access to higher education, and also supports students throughout their academic journey by linking them with existing campus programs such as those at AANAPISIs, providing leadership development and individual counseling, and improving research on AAPI students helps ensure continual improvement in the ability of institutions to serve students effectively.

These life-changing opportunities for students help build important skills that empower them to take an active role in mobilizing others and creating positive change for their communities.

Growth Plan

APIASF helps ensure AAPI student persistence and degree attainment, which facilitates the achievement of America’s national college completion goals and strengthens the communities where AAPIs live and work. 
 
Today, APIASF only has the resources to support about 4 percent of all students who apply for its general scholarship program.    With 41 percent of all AAPI students attending just 153 AANAPISIs in the nation, APIASF has the opportunity to dramatically scale its impact making a difference for thousands of additional students.  Over the next 6 years, APIASF plans to expand its partnership with just nine AANAPISI institutions to approximately 78 campuses nationwide.  APIASF seeks to provide the much needed scholarships for underserved Asian American and Pacific Islander students, and also to work with the AANAPISIs and higher education partners to encourage persistence and college completion, facilitate ongoing dialogues, share best practices, and improve research on AAPI students and institutions.
 
APIASF’s economic model is to accelerate the amount of funding distributed to underserved Asian American and Pacific Islander students attending AANAPISIs by awarding an incremental $27.7 million in scholarships over the next six years.  This expansion will support economic growth in the communities where AAPI students and their families live and work throughout the U.S. and the Pacific Islands.  
 
Growth Plan:  For the first year, APIASF will require approximately $2.8 million in incremental funding for scholarship and institutional capacity building. Over a six year period, with approximately $35 million in incremental funding, APIASF’s plan is to strengthen the communities around the AANAPISI campuses with 4,620 incremental scholarship awards and investments with selected institutions.  
 
As a key enabler for success and long-term sustainability, APIASF plans to launch capital campaigns tailored to the communities where AANAPISIs are geographically located.  APIASF is currently identifying industry and community partners who are economically vested in the contributions that AAPI human capital resources can offer, and in the success of the AANAPISI institutions that serve the geography’s economic success.  APIASF will be a key stakeholder in the nation’s collective investment to increase persistence and college completion.
 
APIASF’s three pillars of success as we scale are:
 
Mission and Performance Management: APIASF’s logic model, management and tools are focused on data collection, analysis and measurement of year-to-year trends and outcomes.  APIASF will continue to collect, assess and annually inspect the organization’s management dashboard as a continuous improvement mechanism.    
Monitoring and Mitigation: Scaling requires discipline and business controls in addition to management and Board oversight. The Board of Directors together with the APIASF staff leadership team all collaborate to ensure success of the organization’s operations, financial management and business controls.
Mobilizing and Serving Communities: One of the values at the core of APIASF’s mission is to develop and forge partnerships so that we are able to provide adequate resources to students.  This strategy is tied to APIASF’s strategic communications plan aimed at raising awareness of the needs of AAPI students and institutions, providing more accurate data on the community, dispelling misperceptions, and increasing participation in APIASF programs and services.

Location of Sites

National Office: 
2025 M St. NW, St. 610
Washington, DC 20036
Phone: 202-986-6892 or 877-808-7032
List of locations

To make a contribution to a program site:

  1. Click on the "Make a Contribution Now" button and include the name, city and state of the program you would like to support, in the "notes" text box on the organization's donation form, if available.
  2. If a "notes" or "designation" box is not available, write the city and state on your check in the "notes" section or call the national office to designate your contribution to a local program site.

Locations in the following states:

American Samoa

California

District Of Columbia

Eastern

Federated States of Micronesia

Georgia

Guam

Hawaii

Illinois

Massachusetts

Maryland

Northern Mariana Islands

New York

Palau

Saipan

Texas

Washington

Financials

Most Recent Budget

Year Ended:

2013

REVENUE

Corporate Grants: 
$650,000
Foundation Grants: 
$14,100,000
Government Funding: 
$40,000
Contributions from Individuals: 
$100,000
Special Events: 
$650,000
Program Services Fees: 
$0
Membership Dues: 
$0
Other Earned Income: 
$5,000
Other Revenue: 
$0
Total Revenue: 
$15,545,000

EXPENSES

Salaries, Related Salaries & Professional Fees: 
$1,300,000
Occupancy: 
$174,000
Travel & Entertainment: 
$95,000
Office Supplies, Printing, Postage: 
$98,000
Telephone & Communications: 
$30,000
Payments to Affiliates: 
$0
Other Expenses: 
$13,840,000
Other Expenses (Description): 

Scholarships - $13,340,000

Professional Fees / IT / Event Costs - $500,000

Total Expenses: 
$15,537,000

NET GAIN/LOSS

Net Gain/Loss: 
$8,000

Prior Year Actuals

Year Ended:

2012

REVENUE

Corporate Grants: 
$648,500
Foundation Grants: 
$14,176,506
Government Funding: 
$25,000
Contributions from Individuals: 
$709,307
Program Services Fees: 
$0
Membership Dues: 
$0
Other Earned Income: 
$7,702
Other Revenue: 
$0
Special Events: 
$639,136
Total Revenue: 
$16,206,151

EXPENSES

Salaries, Related Salaries & Professional Fees: 
$1,236,310
Occupancy: 
$122,893
Travel & Entertainment: 
$93,313
Office Supplies, Printing, Postage: 
$96,583
Telephone & Communication: 
$31,673
Payments to Affiliates: 
$0
Other Expenses: 
$12,518,753
Other Expenses (Description): 

Scholarships - $12,033,556

Professional Fees / IT / Event Costs - $485,197

Total Expenses: 
$14,099,525

NET GAIN/LOSS

Net Gain / Loss: 
$2,106,626

Major Funders

o Wells Fargo Foundation

o USA Funds

o United Health Foundation

o Walmart Foundation

o Kresge Foundation

o FedEx Foundation 

o Target Foundation

o Coca-Cola Foundation

For more information about APIASF's supporters, click here.