[2] Launched with $250 million,[3] TAAF is described by organizers as the largest-ever philanthropic effort to support the AAPI community in history.

[4] The founders include Joe Tsai, Joseph Bae, Li Lu, Peng Zhao, Sheila Lirio Marcelo, Jerry Yang, Angela Chao[5] and Jonathan Greenblatt.

Its Founding Advisory Council members include Daniel Dae Kim, Lisa Ling, Condoleezza Rice, Jeremy Lin and more.

[6] The organization is chaired by Li Lu,[7][8] and Norman Chen is the Chief Executive Officer (CEO).

[13] TAAF funds an annual survey Social Tracking of Asian Americans in the U.S. (STAATUS)[14] and partners with organizations like the National Asian Pacific American Women’s Forum (NAPAWF) and the Stop Asian Hate coalition to provide data about the AAPI community[15] such as the AANHPI women state of safety survey and the Documenting anti-AAPI hate: Codebook.