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Several influential business leaders recently launched a $ 250 million initiative to serve 23 million Asian and Pacific Islander Americans across the country.

Members of the Asian American Foundation (TAAF)launched this initiative on Monday. According to its organizers, the initiative is the “The greatest philanthropic effort ever made to support the AAPI community”,Reuters reported.

Over the past five years, members of the TAAF Board of Directors have contributed approximately $ 125 million. The non-profit organization was founded by prominent leaders of the AAPI community including Joe Tsai, Joseph Bae, Li Lu, Peng Zhao, Sheila Lirio Marcelo, and Jonathan Greenblatt. Founding members of the Advisory Board include Daniel Dae Kim, Lisa Ling, Condoleezza Rice, Jeremy Lin and more.

The organization also works to unite the AAPI communities by coming together and building a foundation that will develop representation and advocacy for Asian Americans and Pacific Islanders.

Another goal of the organization is to “Reshaping public understanding of the unique challenges Asian Americans have faced throughout history,” according to the New York Times.

“We created the TAAF to defend the 23 million Asian and Pacific Islander Americans living in this country and to help us all come together in the fight for our own prosperity.” Sonal Shah, Said the president of TAAF. “The TAAF want to strengthen and strengthen the power of the AAPI, especially in the face of an exponential increase in hatred and violence.”

The organization’s recently launched initiative will focus on three main areas: data and research, anti-hate and education. It will help organizations striving to create safer spaces for AAPI communities by improving hate crime defense solutions and tracking. It will also help develop school curricula that accurately portray the history of Asian Americans and Pacific Islanders.

“I think one plus one equals unlimited potential, and that’s what really makes America powerful,” mentionned Li Lu, Chairman of the TAAF board of directors. “As a Chinese American, I know that when we build on each other’s strengths, we create belonging and a future fueled by innovation, growth and opportunity.”

TAAF calls on business leaders and philanthropists to participate in its AAPI Giving Challenge, which “Encourages funders to support AAPI organizations and causes through financial and non-financial means.”

Several investments in AAPI communities have already been made by the TAAF, such as the distribution of $ 1 million in grants for Stop AAPI Hate, the Asian Americans Advancing Justice Coalition (AAJC) and the National Asian American Women’s Forum (NAPAWF).

On May 3, TAAF released a launch video narrated by Ling and Kim and produced by Brad Jenkins of Enfranchisement Productions to introduce the organization.

“The Asian American Foundation has come together to support Asian American leaders who know how to make change,” the description states of the video.

“We will serve 23 million Asian and Pacific Islander Americans in the pursuit of belonging and prosperity. Our story is America’s story. Join us.”

Featured image via Bloomberg Markets and Finance (left), RISE (right; (CC BY 2.0))

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