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Joe Tsai among Asian-American leaders behind $250 million anti-discrimination effort Share this story Joe Tsai is among a group of prominent and wealthy Asian-American leaders behind a quarter-billion dollar effort to support Asian-American and Pacific Islanders (AAPI) organizations and causes over the next five years the largest philanthropic commitment in history by Asian-Americans. The effort, announced Monday, is spearheaded by a new initiative, The Asian American Foundation on whose board Tsai, co-founder of Alibaba the Chinese e-commerce giant, now sits. It was spurred in large part by the recent epidemic of violence against Asian-American and Pacific Islanders across the country, with a number of the ugliest taking place on the streets of New York. In the city alone, hate crimes have risen by 223 percent in the past year. In the U.S., the number is 169 percent. ....