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Asia Group Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2016. It holds total assets of $74K. Annual income is reported at $215K. Total assets have grown from N/A in 2015 to $74K in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Washington, DC, Asia-Pacific region and United States. According to available records, Asia Group Foundation has made 63 grants totaling $797K, with a median grant of $10K. Annual giving has decreased from $236K in 2021 to $180K in 2023. Grantmaking activity was highest in 2022 with $382K distributed across 32 grants. Individual grants have ranged from $500 to $55K, with an average award of $13K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in District of Columbia, Illinois, California, which account for 56% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
## Approach Strategy
The Asia Group Foundation is the 501(c)(3) charitable arm of The Asia Group, a Washington DC-based advisory and consulting firm founded by former Obama administration senior officials. The firm operates at the intersection of Asia-Pacific public policy and corporate strategy, advising multinationals on navigating the geopolitical and regulatory landscape of the Asia-Pacific region.
Organizational context: The Asia Group (theasiagroup.com) is primarily a for-profit consulting firm. The Foundation is its philanthropic vehicle — likely used for policy education events, fellowships, research publications, or convening activities that support the firm's public mission around Asia-Pacific understanding.
Strategic positioning: This is not a traditional open-competition grantmaking foundation. The Foundation's activities likely center on supporting The Asia Group's own programming: convenings of policy experts, research reports on Asia-Pacific affairs, educational initiatives for business and government leaders, and possibly fellowships or internships.
Important note: The website listed (asiasociety.org) appears to be a data entry error — Asia Society and The Asia Group Foundation are entirely separate organizations. Asia Society is a much larger, well-established nonprofit ($100M+), whereas this is a small affiliated foundation of a DC consulting firm.
## Funding Patterns
## Peer Comparison
| Foundation | Asset Size | Primary Focus | Geographic Focus | Affiliation |
|---|---|---|---|---|
| Asia Group Foundation | ~$74K | Asia-Pacific policy & strategy | Washington DC / Asia-Pacific | For-profit advisory firm |
| Asia Society | ~$100M+ | Asia-Pacific arts, culture, policy | Global (NYC HQ) | Independent nonprofit |
| US-Asia Institute | ~$500K | US-Asia legislative relations | Washington DC | Independent nonprofit |
| National Committee on US-China Relations | ~$8M | US-China policy dialogue | New York, NY | Independent nonprofit |
| Asia Pacific Foundation of Canada | ~$15M | Canada-Asia research & policy | Vancouver, BC | Public institution |
Assessment: The Asia Group Foundation is micro-scale compared to established Asia policy organizations. Its relevance is niche: for organizations or individuals in The Asia Group's network seeking support for Asia-Pacific policy events or research, not for broad grant applicants.
## Recent Activity
## Application Tips
1. External grantmaking unlikely: At $74K in assets, this foundation does not have the capacity for meaningful external grant programs. Do not invest significant time pursuing this as a funding source.
2. Network access: The most valuable resource The Asia Group Foundation offers is network access — connections to senior Asia-Pacific policy experts, former U.S. government officials, and multinational executives. Pursue relationship-building over grant applications.
3. Relevant profile: Organizations working on Asia-Pacific policy research, U.S.-Asia economic relations, Indo-Pacific security affairs, or corporate governance in Asian markets are the most aligned with this foundation's interests.
4. Contact approach: The Asia Group's DC office (theasiagroup.com) is the appropriate entry point. Reach out regarding partnership opportunities, event co-sponsorships, or research collaborations rather than grant applications.
5. Alternative funders: For Asia-Pacific policy work, consider larger, more active funders: Asia Society Policy Institute, Smith Richardson Foundation, Carnegie Endowment for International Peace, or Stanley Foundation — all operate competitive grant programs with substantially larger assets.
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Smallest Grant
$1K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$45K
Based on 15 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
## Funding Patterns - Asset base: ~$73,826 (very small foundation) - Primary activity: Supporting The Asia Group's policy education and research programming - Grant types: Likely internal (supporting own programming) rather than external competitive grants - Funding cycle: Not publicly disclosed - Revenue sources: Contributions from The Asia Group principals, corporate partners, and client organizations with Asia-Pacific interests - Typical award: Not disclosed; at this asset level, grants would.
Asia Group Foundation has distributed a total of $797K across 63 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $500 to $55K.
## Approach Strategy The Asia Group Foundation is the 501(c)(3) charitable arm of The Asia Group, a Washington DC-based advisory and consulting firm founded by former Obama administration senior officials. The firm operates at the intersection of Asia-Pacific public policy and corporate strategy, advising multinationals on navigating the geopolitical and regulatory landscape of the Asia-Pacific region.
Asia Group Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kurt Tong | DIRECTOR | $0 | $0 | N/A |
| Rexon Ryu | CHAIRMAN | $0 | $0 | N/A |
| Nirav Patel | VICE CHAIRMAN | $0 | $0 | N/A |
| Ashok Malik | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$74K
Fair Market Value
N/A
Net Worth
$74K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
63
Total Giving
$797K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
34
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Association For Urban Debate LeagueGENERAL SUPPORT | Chicago, IL | $30K | 2023 |
| Running StartGENERAL SUPPORT | Washington, DC | $26K | 2023 |
| Uc San Diego FoundationGENERAL SUPPORT | La Jolla, CA | $25K | 2023 |
| Kiin Beh Education Center FoundationGENERAL SUPPORT | Los Altos, CA | $20K | 2023 |
| Rhino 911GENERAL SUPPORT | Reno, NV | $10K | 2023 |
| Goodwin House HospiceGENERAL SUPPORT | Falls Church, VA | $10K | 2023 |
| International Student Conferences IncGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| Breast Cancer Research FoundationGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Street Wise PartnersGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| Asian Pacific American Institute For Congressional StuditesGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| International Republican InstituteGENERAL SUPPORT | Washington, DC | $5K | 2023 |
| Food Allergy And Research Education (Fare)GENERAL SUPPORT | Mclean, VA | $5K | 2023 |
| National Association Of Japan-American SocietiesGENERAL SUPPORT | Washington, DC | $5K | 2023 |
| City BlossomsGENERAL SUPPORT | Washington, DC | $2K | 2023 |
| Boston MarathonGENERAL SUPPORT | Boston, MA | $1K | 2023 |
| Sejong SocietyGENERAL SUPPORT | Arlington, VA | $1K | 2023 |
| NaudlPROVIDE SUPPORT FOR DEBATE PROGRAMMING FOR MIDDLE AND HIGH SCHOOL STUDENTS LIVING IN AN URBAN SETTING. | Chicago, IL | $55K | 2022 |
| K'Iin Beh Ac FoundationEJIDAL LOT NO.24 NORTH | Quintana Roo | $20K | 2022 |
| Us-Asean Business Councel InstitutePROVIDE MYANMAR UNIVERITY STUDENT SCHOLARSHIPS | Washington, DC | $15K | 2022 |
| K'Iin Beh Educational Center FoundationSCHOLARSHIPS | Quintana Roo | $10K | 2022 |
| United Ukrainian American Relief CommitteePROVIDE HUMANITARIAN AID TO VICTIMS OF WAR IN UKRAINE | Philadelphia, PA | $10K | 2022 |
| International Rescue Committee IncCONTRIBUTION FOR SUPPORT FUND IN UKRAINE | New York, NY | $8K | 2022 |
| Operation Enduring WarrierCONTRIBUTION IN HONOR OF TOM MELLO | Midlothian, VA | $2K | 2022 |
| Bread For The CityPROVIDE SUPPORT FOR LOCAL FOOD DELIVERY SERVICES | Washington, DC | $1K | 2022 |
| The Leukemia & Lymphoma SocietyCONTRIBUTION FOR CILO CARTER | Rye Brook, NY | $500 | 2022 |