Asian American Nonprofits Struck Hard

Friday, November 14, 2008

Some catching up to do (Slanty's been busy - but more on that later). Caught this article on who's winning and losing in the world of non-profits down at New American Media:

"It's a make or break year," said Rick R. Chen of Asian American LEAD (AALEAD), a nonprofit organization headquartered at 1323 Girard Street where the nation's economic downturn has struck hard.

For the past 10 years, AALEAD has helped low-income Asian Pacific American youth move out of poverty to become successful, self-sufficient adults. Currently, over 300 APA families in the D.C. and Montgomery County take advantage of AALEAD's after school and youth development programs, said Chen, their manager of development and communications.

Like many others, Chen has been following the news about the global credit crunch, rising unemployment and the implosion of some of the nation's leading financial institutions. One headline hit close to home for AALEAD.
Read the full article down here.