Asian American business leaders launch $250M effort to combat anti-Asian hate ...Egypt

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Asian American business leaders launch $250M effort to combat anti-Asian hate
source : EGYPT INDEPENDENT ( Egypt ) () 10
Business leaders launched a five-year, $250 million drive on Monday to support the causes of Asian-Americans and Pacific Islanders, vowing to set up a national infrastructure for a community targeted by a rising number of racial attacks. The Asian American Foundation will invest its initial funding – described by organizers as the largest-ever philanthropic effort to support the AAPI community – in three key areas: anti-hate programs, education, and data and research. The foundation’s board, which has committed $125 million, is chaired by Li Lu, founder of hedge fund Himalaya Capital, and includes several prominent AAPI business leaders including billionaires Jerry Yang, the co-founder of Ya

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