A foundation launched by prominent Asian American business leaders earlier this month said Thursday it has raised more than $1 billion to support Asian American and Pacific Islander communities. The announcement from The Asian American Foundation, or TAAF, came minutes after President Joe Biden signed legislation aimed at curtailing the rise in hate crimes against Asian American and Pacific Islander communities in the United States. They discussed how the foundation plans to spend the $1.1 billion in donations to fight back against hate crimes directed at these communities, according to a statement from the foundation. Biden and Vice President Kamala Harris dropped by the meeting to express their support, the foundation said. Separately, TAFF is producing a TV special designed to expand support for Asian American and Pacific Islander communities.

Source: thestar May 20, 2021 22:52 UTC