The Asian American Foundation will invest its initial funding - described by organizers as the largest-ever philanthropic effort to support the AAPI community - in three key areas: anti-hate programs, education, and data and research.
An online launch event on Tuesday will feature former presidents Barack Obama, George W. Bush and Bill Clinton. The 23-million-strong community is the country's fastest-growing demographic group and saw a massive surge in voter turnout in last year's presidential election. Sonal Shah, a former Obama administration official, will serve as the foundation's president and hold a board seat.
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