Addressing the Impact of the Economic Downturn
California has been one of the states hardest hit by the economic downturn, and Asian communities have been particularly impacted. More than 400,000 Asian and Pacific Islander Americans filed for unemployment insurance in the first quarter of 2009 alone. Asians also suffered the sharpest drop in home-ownership in 2008, according to the U.S. Census.
Many community organizations have face staggering budget cuts recently due to the economic downturn, making it even more difficult to provide services to people in need. The Asian Pacific Fund has made grants to cushion the blow and offset the loss of substantial government and corporate funding.
Asian & Pacific Islander Wellness Center – $17,000
Asian Women’s Shelter – $17,000
Charity Cultural Services Center – $15,000
Community Youth Center – $20,000
Family Bridges – $17,000
Friends of Children with Special Needs – $10,000
Kimochi – $10,000
Oakland Asian Students Educational Services – $14,000
Vietnamese Voluntary Foundation – $10,000
Wu Yee Children’s Services – $20,000