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Charity Math
The 990 read · EIN 94-1191246 · CA · Fiscal year FY ending Sep 2025

The Asia Foundation

The Asia Foundation: CEO salary, finances and where donations go

In its own words

“The Asia Foundation is a non-profit, international development organization.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$525K Laurel Miller, 0.5% of spending
Revenue
$91.5M 99.2% from donations and grants
Spent
$96.7M 84.4% on programs, as reported
Net assets
$35.6M end of FY ending Sep 2025
Savings
4.4 months of spending, net assets ÷ spending
People
140 employees, 28 volunteers
Form 990 (FY ending Sep 2025), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · FY ending Sep 2025

Of each dollar it spent, 84.4¢ went to programs, as reported.

The split the charity filed.
84.4¢
Programs, $81.6M
0.6¢
Fundraising, $567K
15.0¢
Admin, $14.5M
Form 990 (FY ending Sep 2025), Part IX, line 25
Cost to raise $1
1¢
as reported

For each dollar donated, The Asia Foundation spent 1¢ on fundraising.

Fundraising ÷ $90.8M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 29.4% of program spending · $4.3M in grants $24.0M

Economic growth: taf supports local, national, and regional-level efforts to foster economic growth and opportunity in asia and the pacific. Taf's programs: support digital literacy skills development, stem education, and other workforce development initiatives; facilitate the application of digital technology in financial systems, trade, and small business management; strengthen the role and influence of business membership associations; help secure the policy measures and actions needed for economic growth and innovation and conducive business environments; and strengthen platforms for…

Program 2 · 10.3% of program spending · $2.8M in grants $8.4M

Women's empowerment: taf expands women's economic opportunities, increases women's rights and security, and advances women's political participation, transforming the lives of tens of thousands of women and girls across asia and the pacific. Taf programs: provide education, training, and scholarships to increase women's entrepreneurship and economic opportunities; strengthen laws and legal systems to promote women's rights and security by reducing trafficking and violence against women and girls; and advance women's participation and leadership in public affairs, law and policy making, and…

Program 3 · 0.5% of program spending · $22K in grants $421K

The asia foundation identifies and supports the professional development of the next generation of asian and pacific leaders through scholarships and fellowships; promotes a culture of reading and learning through the "let's read" digital library of local language children's literature; facilitates increased cross-sectoral cooperation in natural resource management, disaster risk reduction, environmental conflict mitigation, and greater public and private investment in sustainable infrastructure; and promotes increased multi-country cooperation on critical regional and international…

Form 990 (FY ending Sep 2025), Part III
04 · The savings

Net assets: $29.0M to $35.6M in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
29
23
24
29
32
33
33
43
45
37
36
36
Form 990 history via ProPublicaForm 990 (FY ending Sep 2025)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Sep 2025, from the charity and related organizations.

Laurel Miller
CEO and President
$524,705
Suzanne Siskel
EVP & COO (thru 2/25)
$350,833
Kenneth Krug
VP Finance & CFO (thru 9/25)
$327,322
Todd Wassel
Country Representative
$313,010
Hector Salazar Salame
Country Representative
$283,056
Mark Koenig
VP Programs
$282,076
Nancy Yuan
Sr Vp, Washington DC
$278,211
Winston K Chow
Country Representative
$269,061
Form 990 (FY ending Sep 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Unit4 Business SoftwareIt services$562,114
Centered NetworksIt services$232,369
Stockholm Environment InsConsultancy$136,349
Barry M HagerConsultancy$135,417
Clark Nuber PsAccounting & tax$122,692
Form 990 (FY ending Sep 2025), Part VII, Section B
06 · Questions

The questions people ask about the The Asia Foundation.

Short, sourced answers. Each one stands on its own.

How much does the The Asia Foundation CEO make?

Laurel Miller, CEO and President, received $524,705 in reportable compensation in FY ending Sep 2025, 0.5% of The Asia Foundation's $96.7M in spending.

Form 990 (FY ending Sep 2025), Part VII

What percentage of The Asia Foundation donations go to programs?

The Asia Foundation reported 84.4% of FY ending Sep 2025 spending as programs, 0.6% as fundraising and 15% as management.

Form 990 (FY ending Sep 2025), Part IX

How much money does The Asia Foundation have?

Net assets were $35.6M at the end of FY ending Sep 2025, about 4.4 months of spending.

Form 990 (FY ending Sep 2025), Part X

Does The Asia Foundation have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (FY ending Sep 2025)
07 · Sources and citing

Every number, traced.

  1. The Asia Foundation Form 990, FY ending Sep 2025 (IRS e-file)
  2. The Asia Foundation Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “The Asia Foundation: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/the-asia-foundation/