Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 147,240,642 | 149,043,236 | 136,191,947 | 126,395,351 | 120,674,490 | 679,545,666 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 147,240,642 | 149,043,236 | 136,191,947 | 126,395,351 | 120,674,490 | 679,545,666 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 15,621,467 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 663,924,199 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 147,240,642 | 149,043,236 | 136,191,947 | 126,395,351 | 120,674,490 | 679,545,666 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 258,647 | 308,204 | 334,839 | 342,664 | 453,521 | 1,697,875 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support Add lines 7 through 10. | 681,243,541 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
||||
|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
||||
| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
||||
|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
||||
|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 6, VOLUNTEERS: | FORTY VOLUNTEERS SERVED ON THE BOARD OF DIRECTORS DURING THE YEAR. ADDITIONALLY, VOLUNTEERS SERVED AS EMERITI MEMBERS OF THE BOARD OF DIRECTORS, MEMBERS OF THE PRESIDENT'S LEADERSHIP COUNCIL, MEMBERS OF THE BOARD OF DIRECTORS FOR TAF'S FOREIGN CONTROLLED ENTITIES, LOTUS CIRCLE ADVISORS AND HOSTS OR HOST COMMITTEE MEMBERS IN THE YOUNG LOTUS CIRCLE, AND AS VOLUNTEERS INVOLVED IN THE BOOKS FOR ASIA PROGRAM. |
| PART V, LINE 2 | PART I, LINE 5 AND PART V, LINE 2A PROVIDE THE NUMBER OF EMPLOYEES REPORTED ON FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS. IN ADDITION TO THESE EMPLOYEES, TAF EMPLOYS STAFF IN FOREIGN COUNTRIES TO WHOM REPORTING ON FORM W-3 DOES NOT APPLY. AS OF SEPTEMBER, 30, 2015, THE LAST DAY OF FISCAL YEAR 2015, TAF EMPLOYED A TOTAL OF 797 PERSONS. THIS COUNT INCLUDES 177 EMPLOYEES TO WHOM FORM W-3 REPORTING REQUIREMENTS DO APPLY, AND 620 EMPLOYEES BASED IN FOREIGN OFFICES TO WHOM FORM W-3 REPORTING REQUIREMENTS DO NOT APPLY. |
| FORM 990, PART VI, SECTION B, LINE 11 | AN EXTERNAL PUBLIC ACCOUNTING FIRM AND THE ASIA FOUNDATION STAFF WORK TOGETHER TO GATHER THE REQUIRED TAX INFORMATION NECESSARY TO COMPLETE THE FORM 990. THE TAX FIRM PREPARES AN INITIAL DRAFT RETURN AND REVIEWS THE INITIAL DRAFT RETURN WITH SENIOR MANAGEMENT. AFTER ITEMS ARE DISCUSSED AND REVIEWED, RECOMMENDED CHANGES ARE REFLECTED IN THE RETURN AND A DRAFT FORM 990 IS PREPARED. THE FORM 990 IS THEN DISTRIBUTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENTS PRIOR TO IT BEING FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ASIA FOUNDATION REQUIRES EACH TRUSTEE, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS EACH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE FOUNDATION IS A NON-PROFIT ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. ADDITIONALLY, THE STATEMENT REQUIRES THE INDIVIDUALS TO PROVIDE INFORMATION WITH RESPECT TO RELATED PARTIES AND TO DISCLOSE WHETHER THERE ARE ANY CONFLICTS OF INTEREST. THE ASIA FOUNDATION ALSO REQUIRES PERIODIC REVIEW OF TRANSACTIONS AND RELATIONSHIPS TO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST. THE FOUNDATION KEEPS RECORDS OF THE STATEMENTS. THE EXECUTIVE VICE PRESIDENT RECEIVES AND REVIEWS ALL CONFLICT OF INTEREST DISCLOSURE FORMS AND REPORTS ANY SIGNIFICANT OR SENSITIVE DISCLOSURES TO THE CEO AND BOARD AUDIT COMMITTEE CHAIR. THE AUDIT COMMITTEE DECIDES APPROPRIATE FURTHER ACTION, IF NECESSARY. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF THE CEO AND CFO IS DETERMINED ANNUALLY BASED ON A COMPARISON, PREPARED BY THE CHIEF HUMAN RESOURCES OFFICER, OF COMPENSATION PAID FOR SIMILAR POSITIONS BY OTHER NON-PROFITS OF SIMILAR SIZE. CURRENT COMPENSATION BENCHMARK DATA IS PRESENTED TO THE COMPENSATION COMMITTEE, AND ANY AND ALL CHANGES IN COMPENSATION OF THE CEO AND CFO MUST BE APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE ANNUAL MEETING OCCURS IN DECEMBER, OR IN THE CASE OF A NEW APPOINTMENT, PRIOR TO AN OFFER OF EMPLOYMENT. THE COMMITTEE REPORTS ON ITS ACTION TO THE BOARD OF TRUSTEES AT ITS JANUARY MEETING. FOLLOWING THE COMPENSATION COMMITTEE MEETING, THE CHAIRMAN OF THE COMMITTEE, WHO ALSO SERVES AS CHAIRMAN OF THE BOARD, NOTIFIES THE CEO AND CFO OF ANY CHANGES IN COMPENSATION AND THE EFFECTIVE DATE. THE CEO AND CFO DO NOT PARTICIPATE IN THE PROCESS. COMPENSATION FOR EMPLOYEES AT THE VICE PRESIDENTIAL AND SENIOR MANAGEMENT LEVELS FALL WITHIN THE GUIDELINES OF THE FOUNDATION'S COMPENSATION PROGRAM, UNDER WHICH THE FOUNDATION'S CHIEF HUMAN RESOURCES OFFICER REVIEWS COMPENSATION DATA BASED ON TRENDS WITHIN THE COMPARATIVE MARKET AND MAKES A SALARY INCREASE BUDGET RECOMMENDATION TO THE CEO. THESE EMPLOYEE SALARIES ARE DETERMINED IN ACCORDANCE WITH THE FOUNDATION'S COMPENSATION PROGRAM GUIDE FOR MANAGERS. THE RESULTING SALARY INCREASES ARE BASED ON MERIT AND MARKET CONDITIONS. COMPENSATION WAS LAST REVIEWED IN DECEMBER 2015. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASIA FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE PUBLISHED ON ITS WEBSITE AND ARE PROVIDED UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | FOREIGN CURRENCY FLUCTUATION -104,870. CHANGE IN POST-RETIREMENT BENEFIT OBLIGATION 229,407. GRANTS REFUNDED 347,027. PRIOR PERIOD ADJUSTMENT FOR FY14 NICRA AUDIT ADJUSTMENTS -22,868. |
| Software ID: | |
| Software Version: |