Nets’ Joe Tsai, Yahoo Founder Jerry Yang and More Launch $250 Million Initiative to Fight Hate

Several influential enterprise leaders have just lately began a $250 million initiative devoted to serving 23 million Asian Americans and Pacific Islanders throughout the nation.

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

In the final 5 years, TAAF’s board members have contributed round $125 million. The nonprofit group was based by outstanding leaders of the AAPI group, together with Joe Tsai, Joseph Bae, Li Lu, Peng Zhao, Sheila Lirio Marcelo and Jonathan Greenblatt. Founding Advisory Council members embrace Daniel Dae Kim, Lisa Ling, Condoleezza Rice, Jeremy Lin and extra.

The group additionally strives to unite AAPI communities by coming collectively and constructing a basis that may develop the illustration and advocacy of Asian Americans and Pacific Islanders.

Another intention of the group is to “reshape the public’s understanding of the unique challenges that Asian-Americans have faced throughout history,” in accordance to the New York Times.

“We created TAAF to stand up for the 23 million Asian Americans and Pacific Islanders living in this country and help bring us all together in the fight for our own prosperity,” Sonal Shah, TAAF’s president, stated. “TAAF wants to strengthen and build power for AAPIs, particularly as we face an exponential increase in hate and violence.”

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

“I feel that one plus one equals unlimited potential, and that’s what really makes America powerful,” mentioned Li Lu, Board Chair of TAAF. “As a Chinese American, I do know once we leverage the strengths of everybody we create belonging and a future fueled by innovation, development and alternative.”

TAAF is asking on enterprise and philanthropic leaders to participate in its AAPI Giving Challenge, which “encourages funders to help AAPI organizations and causes by each monetary and non-financial means.”

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

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

“The Asian American Foundation has come collectively to help Asian American Leaders who know the way to make change,” the video’s description states.

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

Featured Image through Bloomberg Markets and Finance (left), RISE (proper; (CC BY 2.0))

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