November 16, 2012
Contact: Katie Tran-Lam
Director of Communications & Marketing
Asian & Pacific Islander American Scholarship Fund
APIASF SELECTED AS ONE OF THE TOP 100 IMPACTFUL ORGANIZATIONS
Social Impact Exchange Includes APIASF in New S&I 100 Initiative
WASHINGTON, D.C. (November 16, 2012) - Washington, D.C., - The Asian & Pacific Islander American Scholarship Fund (APIASF), the nation's largest nonprofit provider of college scholarships to Asian American and Pacific Islander (AAPI) students, announced its selection as one of the Social Impact Exchange's Social Impact 100 (S&I 100) that launched on Nov. 15. The S&I 100 is the first-ever, broad index of U.S. nonprofits featuring models that address education, health, youth and poverty issues.
"APIASF is honored to be recognized by the Social Impact Exchange as one of the S&I 100 most socially impactful organizations in the United States," said Neil Horikoshi, APIASF President & Executive Director. "As one of the fastest growing populations, the experience of AAPI students has an impact on the future success of our country. We are thrilled for the Social Impact Exchange to highlight our community and to confirm the impact that APIASF is making for students, families and communities across the country and the Pacific Islands."
APIASF's holistic model 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 helps develop future leaders who excel in their careers, serve as role models in their communities, and contribute to a vibrant America.
In June of 2012, APIASF launched the Partnership for Equity in Education through Research (PEER) in collaboration with the National Commission on Asian American and Pacific Islander Research in Education (CARE) to work directly with AANAPISIs to increase student success and degree attainment. The project supports greater institutional effectiveness, the sharing of best practices and more data on Asian American Native American Pacific Islander Serving Institutions and has the potential to impact the more than 40 percent of all AAPI undergraduates across the country and the Pacific Islands who are enrolled at these institutions.
"We are proud that since our inception in 2003, APIASF has already seen that 83 percent of our scholarship recipients from 2005, 2006 and 2007 have become college graduates," said Horikoshi. "For the Social Impact Exchange to recognize our results and provide a vehicle for us to obtain additional resources means a tremendous amount for all of the AAPI students who are struggling to access and succeed in higher education."
Modeled on aspects of the S&P 500, the S&I 100 (www.socialimpactexchange.org) is a comprehensive donation platform that aggregates top-performing, evidence-based nonprofits. Each organization that has been rigorously screened for evidence-based success verified through third-party studies and has capacity to expand programs for greater impact. Donors have the opportunity to search for an organization based on issue area or geographic location and give directly through the site.
Based in Washington, D.C., the Asian & Pacific Islander American Scholarship Fund (APIASF) is the nation's largest non-profit organization devoted to providing college scholarships for Asian Americans and Pacific Islanders (AAPI). APIASF works to create opportunities for students to access, complete, and succeed after post-secondary education; thereby developing future leaders who will excel in their career, serve as role models in their communities, and will ultimately contribute to a vibrant America. Since 2003, APIASF has distributed more than $60 million in scholarships to deserving AAPI students. APIASF manages two scholarship programs: APIASF's general scholarship and the Gates Millennium Scholars/Asian Pacific Islander Americans funded by a grant from the Bill & Melinda Gates Foundation.
About the Social Impact Exchange
The Social Impact Exchange is a national membership association dedicated to building a capital marketplace that scales high-impact social solutions to improve the lives of millions. The Exchange creates the conditions for breakthroughs to go big in order to deliver impact where it is needed most. Together, Exchange members are making it easier for philanthropic giving to achieve major positive change by supporting strategies that improve lives and change systems. By creating standards to evaluate impact, identifying and tracking highly effective nonprofits, and fostering significant collaborative funding to scale up top social interventions, the Exchange helps foundations, donors, business, and government increase the power of giving to achieve greater social good. To learn more, visit www.socialimpactexchange.org.