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Nonprofit · EIN 25-1601135

UNITED STATES-ASIA FOUNDATION

Tax-exempt · WASHINGTON, DC 20004

Financials

$99K$430K2023$87K$390K2024$82K$389K2025
Revenue Expenses · by fiscal year end
Financials of UNITED STATES-ASIA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$82,278$389,465-$307,187$1,637,578$0$1,637,578
December 31, 2024990$86,524$390,000-$303,476$1,971,814$0$1,971,814
December 31, 2023990$98,808$430,250-$331,442$2,354,088$0$2,354,088
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$82,278
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$284,000
Salaries, compensation and benefits (total)
$300,000
Professional fundraising fees
$0
Occupancy
$1,600
Program services (functional)
$389,465

Balance sheet and other

Total assets, start of year
$1,971,814
Total assets, end of year
$1,637,578
Total liabilities, end of year
$0
Net assets, end of year
$1,637,578
Publicly traded securities
$1,550,698
Gross receipts
$82,278
Employees
2
Volunteers
0
Year formed
1989
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Richard QuickPresident
Trustee or director, Officer, Key employee, Highest-paid employee
40$142,000$142,000
Marsha LefkovitsVice President
Trustee or director, Officer, Key employee, Highest-paid employee
40$142,000$142,000
Paul BergsonSenior Advisor and Board Member
Trustee or director
1$0$0
Raphael PearlBoard Member
Trustee or director
1$0$0
Kenneth KraftSenior Advisor and Board Member
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Richard QuickPresident
Trustee or director, Officer, Key employee, Highest-paid employee
40$142,000
Marsha LefkovitsVice President
Officer, Key employee, Highest-paid employee
40$142,000
Paul BergsonSenior Advisor and Board Member
Trustee or director
5$0
Raphael PearlBoard Member
Trustee or director
2$0
Kenneth KraftSenior Advisor and Board Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Richard QuickPresident
Trustee or director, Officer, Key employee, Highest-paid employee
40$142,000
Marsha LefkovitsVice President
Trustee or director, Officer, Key employee, Highest-paid employee
40$142,000
Paul BergsonSenior Advisor and Board Member
Trustee or director
5$0
Raphael PearlBoard Member
Trustee or director
5$0
Kenneth KraftSenior Advisor and Board Member
Trustee or director
5$0

Address and contacts

Address (IRS master file)
601 PENNSYLVANIA AVE 9FL, WASHINGTON, DC 20004-2601
In care of
% MARSHA LEFKOVITS
Principal officer (990 for 2025)
Richard Quick, 601 Pennsylvania Ave, Ninth Floor, Washington, DC 20004
Signed the 990
Marsha Lefkovits, Vice President
Phone
(202) 386-4520

Mission

The Foundation's mission is to enhance mutual understanding and promote Democratic values with countries located primarily in but not limited to Asia. The Foundation has no advocacy role, it does not take positions on political issues, it does not engage in any lobbying and does not accept contributions from foreign sources. The foundation is independent, non-partisan and has no affiliation with any political party.

990 for the year ended December 31, 2025

Program accomplishments

  • Due to the COVID pandemic and changed in State Department regulations in 2020, we suspended our primary programs that required personal contact and international travel. We focused on activities that would enhance our vital understanding of the long-term impact of our relations with other countries. Now we are looking at expanding our international cooperation and utilizing this information to adjust future programs to better meet our goals.
    Expenses $389,465 · revenue $82,278

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
25-1601135
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,637,578
Income (IRS master file)
$82,278

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$82,278$389,465$1,637,578IRS
990December 2024$86,524$390,000$1,971,814IRS
990December 2023$98,808$430,250$2,354,088XML
990December 2022$93,264$453,690$2,628,498IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 25-1601135).

Questions about UNITED STATES-ASIA FOUNDATION

What is the EIN of UNITED STATES-ASIA FOUNDATION?
The employer identification number (EIN) of UNITED STATES-ASIA FOUNDATION is 25-1601135.
Is UNITED STATES-ASIA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to UNITED STATES-ASIA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNITED STATES-ASIA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNITED STATES-ASIA FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNITED STATES-ASIA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of UNITED STATES-ASIA FOUNDATION?
The 990 for the year ended December 31, 2025 names Richard Quick.
Who are the officers and directors of UNITED STATES-ASIA FOUNDATION?
The 990 for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $142,000 (Richard Quick, President).
How much revenue does UNITED STATES-ASIA FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $82,278, expenses of $389,465 and total assets of $1,637,578 at year end.

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