When the Giving Challenge was launched in May 2021, over 130 corporations, foundations, and individual donors committed $1.1 billion in funding and in-kind resources to AAPI communities, organizations, and relevant causes over five years. With the TAAF Board covering all of TAAF's operating costs, 100% of all funds raised via this new strategy will go directly to programming and initiatives. TAAF will invite our network of partners to co-invest in this Portfolio Strategy to significantly multiply the funding and catalyze the impact. SAN FRANCISCO, /PRNewswire/ - On its two-year anniversary, The Asian American Foundation (TAAF) announced today the first year success of the $1.1 billion Giving Challenge and unveiled its Portfolio Strategy, committing $65 million in direct funding over five years to bring transformational impact to the lives of AAPIs and their communities. TAAF rings in second anniversary with five year strategy announcement and invites partners to co-invest to create transformational impact
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