East West Bank pledges $6 million to support Asian Pacific American organizations celebrating Asian Pacific American Heritage Month

To celebrate Asian Pacific American Heritage Month, East West Bank President Wu Jianmin pledged to donate $6 million to support Asian Pacific American organizations. (file photo of this newspaper)


In celebration of Asian Pacific American Heritage Month, the East West Bank announces that it will passAsianThe AAPI Giving Challenge, initiated by The Asian American Foundation (TAAF), has donated more than 6 million yuan to several important non-profit organizations and projects to further promote inclusivity, equality and social justice in the Asian Pacific American community. support.

This is also the second year that the East West Bank has fulfilled its five-year commitment. In 2021, the bank committed to donate $25 million over five years to the AAPI Giving Challenge to support the AAPI community. A portion of last year’s donations funded the Status Index study, a comprehensive assessment of American society’s attitudes and stereotypes of Asian Americans.


TAAF Chief Executive Officer Norman Chen said, “East West Bank was one of the first companies to take up the challenge of generously giving and donating to improve the status quo of the Asian American community. This financial institution was established to serve Asian American Community. The organization has continued to achieve excellent results over the years, confirming thatInvestmentUnderprivileged communities not only help businesses thrive, but also build social resilience. Over the years, the East West Bank has been admired for its efforts and perseverance in raising the spirit of the Asian Pacific American community and promoting social prosperity. We look forward to seeing the Bank continue its efforts to make a more positive impact on the AAPI community in the future. ,

Dominic Ng, President and CEO of East West Bank, said, “May is Asian Pacific American Heritage Month, commemorating the contribution of the Asian Pacific American community to the development of the United States.discriminationIt is the duty of the bank to provide help and support to the community. For a long time, the Asian Pacific American community has always faced the problem of insufficient resources, and there is still a long way to go to completely change this situation. ,

Some of the Asian Pacific American organizations that East West Bank is currently funding include: 1. The Pacific Bridge Arts Foundation, a non-profit organization that supports the arts and culture of Asian Americans, Native Hawaiians, and Pacific Islanders and is dedicated to promoting. In celebration of Asian Pacific American Heritage Month, Pacific Bridge will host its flagship arts and cultural event Identity LA on Saturday, May 28 at 5 p.m. PT. 2. “Stop AAPI Hate” (Stop AAPI Hate), is a national coalition formed to address the growing problem of anti-AAPI hate and discrimination in the United States. Co-founded by the AAPI Equity Alliance, the Chinese for Affirmative Action, and the Asian American Institute at San Francisco State University.

3. The Asian Pacific American Leadership Foundation, a nonpartisan non-profit organization that helps Asian Pacific American leaders better serve society and promote civic engagement. 4. Gold House, an important non-profit organization of changemakers in the AAPI community, aims to strive for socioeconomic equality by investing in and promoting AAPI creative projects and businesses.

Gold House founder Bing Chen said: “For a long time, the East West Bank has been serving as a bridge connecting East and West, actively promoting Asian culture and art. and support cultural institutions by funding film and television productions and reshaping public perceptions of Asian Americans by introducing real Asia to American audiences, while supporting Asian American artists and cultural institutions.”

James Lau, executive director of the Asian Pacific American Leadership Foundation, pointed out that to improve the quality of life of Asian Americans, there is a need for more Asian American citizen representatives and elected officials to participate in decision-making. “Thanks to the participation and support of East West Bank, we have been able to develop more outstanding candidates.”

Since its inception, East West Bank has made fighting discrimination and promoting diversity one of its three priorities for community investment. The Bank provides support and assistance through donations, volunteer services and advocacy activities to several Asian Pacific American organizations, including: Asian American Advancing Justice, Asian Pacific Community Fund, OCA-Asian Pacific in California, New York, Texas, and Georgia American Advocates, Self Help for the Elderly, and the Center for Asian Americans United for Self Empowerment (Cause).

Asian Discrimination Investing


Of earlier

The American-Chinese Political Coalition announces support for candidates for public office at all levels in Southern California


Los Angeles.

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