Form 990 for tax year 2024

Totals

Total revenue

$1,804,977

Total expenses

$3,165,415

Contributions and grants received

$1,736,172

Grants paid

$1,583,625

Program service revenue

$25

Investment income

$68,340

Other revenue

$440

Total assets, end of year

$2,744,828

Total liabilities, end of year

$103,539

Net assets or fund balances, end of year

$2,641,289

Program services expenses (Part IX)

$2,664,226

Management and general expenses

$302,608

Fundraising expenses

$198,581

Program service expenses (Part III)

$2,664,226

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• TARGETED GRANTMAKING: NBF GRANTS GRASSROOTS AANHPI ORGANIZATIONS WITH DEMONSTRATED EXPERIENCE LEADING RACIAL JUSTICE EFFORTS WHILE PROMOTING LEADERSHIP OF THE FORMERLY INCARCERATED, CRIMINALIZED COMMUNITIES, AND THOSE IMPACTED BY DETENTION AND DEPORTATION. MOST GRANTEES HAVE ANNUAL BUDGETS UNDER 1 MILLION. IN 2024, NBF AND COMMUNITY STAKEHOLDERS IDENTIFIED FOUR ORGANIZATIONS TO RECEIVE BETWEEN 160,000-210,000 EACH THROUGH THE WE GOT US FUND, A DONOR-ADVISED FUND MANAGED BY THE EAST BAY COMMUNITY FOUNDATION. NINE RETURNING GRANTEE ORGANIZATIONS WERE AWARDED BETWEEN 30,000 AND 90,000 AS WELL. THROUGH THE NEW BREATH FUND, MANAGED BY NBF, SIX ORGANIZATIONS RECEIVED 20,000 GENERAL GRANTS, AND 19 ORGANIZATIONS RECEIVED STAFF DISCRETIONARY GRANTS FROM 1000-5000.

  Expenses $2,664,226 · Grants $1,583,625

• GRANTEE ORGANIZING, CAPACITY & RESOURCE BUILDING: NBF CONTINUES TO BUILD THE CAPACITY OF OUR GRASSROOTS NONPROFIT PARTNERS. WE HAVE LEVERAGED RESOURCES FOR GRANTEES THROUGH INTRODUCTIONS TO OTHER FUNDERS, COACHES, CAPACITY ASSESSMENTS, AND ADVISING. IN 2024, WE CONTINUED OUR CAPACITY- BUILDING SUPPORT FOR ALL WE GOT US FUND GRANTEES, INCLUDING UP TO 20 HOURS FOR EACH ORGANIZATION IN DIRECT COACHING SERVICES, A SELF- ADMINISTERED ASSESSMENT TOOL VALUED AT 500 PER ORGANIZATION, AND OUR IN-PERSON CONVENING, WHICH BROUGHT TOGETHER 24 ORGANIZATIONS ACROSS THE COUNTRY FOR 3 DAYS TO LEARN, STRATEGIZE, AND COLLABORATE. AT THE END OF 2024 WE EVALUATED OUR CAPACITY BUILDING. 100% OF GRANTEES RESPONDED POSITIVELY, AND WE FOUND HIGH RATES OF PROGRAM PARTICIPATION.

• LEADERSHIP PATHWAYS: FROM ITS INCEPTION, NBF WAS DESIGNED AS A VEHICLE FOR LEADERSHIP PATHWAYS TO PHILANTHROPY FOR AANHPI COMMUNITIES DIRECTLY IMPACTED BY VIOLENCE DUE TO THE CRIMINAL-LEGAL AND DEPORTATION SYSTEMS. ONE WAY IS THROUGH LEADERSHIP DEVELOPMENT SUPPORT TO GRANTEES AND MEMBERS OF OUR COMMUNITY ADVISORY COMMITTEE (CAC). WE DEVELOPED OUR PARTICIPATORY GRANTMAKING PROCESS WITH CAC MEMBERS, WHO SHARE RECOMMENDATIONS FROM THE FIELD, KEY STRATEGIES, AND POSSIBLE GRANTEES. 75% OF THE CAC ARE JUSTICE SYSTEM-IMPACTED AND VIOLENCE-IMPACTED LEADERS. THE CAC IS ITSELF A VEHICLE TO INCREASE PARTICIPATION IN PHILANTHROPY FOR FOLKS FROM MARGINALIZED AANHPI COMMUNITIES. PLEASE SEE SCHEDULE O FOR FURTHER INFORMATION

• CONTINUED FROM PAGE 2 RACIAL SOLIDARITY, EDUCATION, AND COMMUNITY ADVOCACY IN 2023, WE HAVE BEEN A PART OF COALITIONS WITH FUNDERS AND GRASSROOTS ORGANIZATIONAL PARTNERS SUPPORTING RACIAL SOLIDARITY BETWEEN AANHPI AND OTHER BIPOC COMMUNITIES. THESE INCLUDE: - SEED CHANGE, FORMERLY KNOWN AS STATEWIDE CULTURAL STRATEGY WORKING GROUP -THE AAPI CEOS & TRUSTEES GROUP WITH ASIAN AMERICAN PRACTITIONERS IN PHILANTHROPY -THE CALIFORNIA CRIMINAL JUSTICE FUNDERS GROUP -SOLIDAIRE NETWORK -DONORS OF COLOR NETWORK WE ARE ALSO SUPPORTING VIOLENCE PREVENTION AND SOLIDARITY WORK THROUGH FUNDING AND CONVENING. ---------------------- DEPORTATION SUPPORT, INCARCERATION & REENTRY KITES TO SOUTHEAST ASIA IS A COALITION CREATED BETWEEN NEW BREATH FOUNDATION, NEW LIGHT WELLNESS, ASIAN PRISONER SUPPORT COMMITTEE, MN8, AND ORGANIZERS WHO WORK WITH FORMERLY INCARCERATED AND DEPORTED CAMBODIANS. NEW LIGHT WELLNESS IS A MENTAL HEALTH OUTREACH PROGRAM SERVING THOSE DEPORTED TO CAMBODIA, SEEDED BY A GRANT FROM NEW BREATH FOUNDATION. NEW LIGHT SERVES OVER 50 DIRECTLY-IMPACTED PERSONS IN THE US AND OVER 100 DIRECTLY-IMPACTED PARTICIPANTS IN CAMBODIA THROUGH ONE-ON-ONE SESSIONS, PEER SUPPORT GROUPS, ADVOCACY WORKSHOPS, AND OTHER COMMUNITY- BUILDING EVENTS. PARTICIPANTS UNPACK TRAUMA FROM THE LEGACY OF GENOCIDE, REFUGEE AND RESETTLEMENT EXPERIENCE, AND THEIR JOURNEY IN THE PRISON PIPELINE, ICE DETENTION, AND DEPORTATION TO CAMBODIA. MANY HAVE REPORTED ISOLATION, REJECTION, AND THE FEELING THEY ARE FORGOTTEN. MOST DO NOT DISCLOSE THEIR STATUS FOR FEAR OF PERSECUTION.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• WE GOT US DAF AT EBCF EAST BAY COMMUNITY FOUNDATION

  $1,420,000

  AGENCY MISSION

• INSTITUTO LAB FBO ARIZONA AANHPI FOR EQUITY

  $20,000

  AGENCY MISSION

• PROJECT-RESPECTT INC

  $20,000

  AGENCY MISSION

• TIDES CENTER (V) 1073 ARAB RESOURCE & ORGANIZING CEN

  $20,000

  AGENCY MISSION

• CHINESE FOR AFFIRMATIVE ACTION FBO ASIAN REFUGEES UNITED

  $20,000

  AGENCY MISSION

• SAMOAN COMMUNITY DEVELOPMENT CENTER FBO PASIFIKA URBAN ROOTS

  $10,000

  AGENCY MISSION

• PHILANTHROPIC VENTURE FOUNDATION FBO YURI KOCHIYAMA SOLIDARITY PROJE

  $10,000

  AGENCY MISSION

Provenance

Return type

form_990

Tax year

2024

Filed

7 October 2025

IRS schema version

2024v5.0

Source object

202502819349301920

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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