Overview
Asian CineVision (ACV) is a New York City-based media arts nonprofit that supports Asian and Asian Pacific American filmmakers through fiscal sponsorship, festival programming, and archive preservation. ACV runs the Asian American International Film Festival (AAIFF), the first and longest-running festival dedicated to moving image work by media artists of Asian descent. AAIFF has run continuously since 1978 and is currently in its 49th edition, scheduled for July 30 to August 9, 2026, in New York City. The festival attracts over 5,000 attendees annually.
ACV does not currently offer direct cash production grants. The organization states explicitly on its fiscal sponsorship page: "At this time, ACV does not offer grants or subsidies to fiscally sponsored projects." What ACV provides instead is fiscal sponsorship, which allows independent filmmakers to receive tax-deductible donations and apply for grants that require 501(c)(3) nonprofit status. This is a meaningful resource for Asian diaspora filmmakers who need nonprofit status to secure funding from foundations and individual donors but do not have their own nonprofit entity.
In 2023, ACV received a grant from the Mary Li Hsu Charitable Trust to support programming and the preservation, digitization, and distribution of its media archive, in partnership with the Asian/Pacific/American Institute at NYU and the Tamiment Library and Robert F. Wagner Archives.
History
Asian CineVision was founded in 1975 in New York City by a collective of Asian American media activists including Peter Chow, Danny Jung, and Thomas Tam. The organization launched AAIFF in 1978 as the first festival in the United States dedicated to Asian and Asian diasporic cinema. AAIFF has run continuously for 48 years, screening early work by filmmakers including Wayne Wang, Ang Lee, and Justin Lin before their wider industry recognition. In the 2000s, ACV expanded its programs to include fiscal sponsorship for independent projects by or about the Asian/Pacific Islander diaspora. In 2023, ACV received funding from the Mary Li Hsu Charitable Trust to preserve and digitize its extensive media archive in partnership with NYU's Asian/Pacific/American Institute and the Tamiment Library. The 49th edition of AAIFF is scheduled for July 30 to August 9, 2026.
Award Value
ACV does not offer direct cash grants. The financial resource ACV provides is fiscal sponsorship, which is a conduit for receiving funds from other sources, not a source of funds itself.
- Fiscal sponsorship: ACV acts as a fiscal agent for independent projects by or about the Asian/Pacific Islander diaspora. This allows filmmakers to accept tax-deductible donations and apply for foundation grants that require 501(c)(3) status. ACV typically retains a percentage of funds received (usually 5 to 10 percent) as an administrative fee. Filmmakers should confirm the current rate with ACV directly.
- AAIFF screening opportunities: Films submitted to AAIFF and selected for screening gain visibility with New York audiences and industry professionals. AAIFF is a hybrid festival with in-person NYC events and online programming.
- National Tour program: Films screened at AAIFF are eligible for ACV's National Tour, which brings Asian diaspora stories to broader audiences across North America through a rental service for cultural and educational institutions.
No stipend, tuition credit, or cost-of-living component is provided.
Eligibility
Fiscal sponsorship is open to independent projects by or about the Asian/Pacific Islander diaspora. The filmmaker does not need to be based in the United States, but the project must align with ACV's mission of supporting Asian and Asian American media expressions. Both emerging and established filmmakers are eligible.
AAIFF submissions have the following eligibility requirements:
- At least 1 person of Asian or Pacific Islander descent in a key creative role (Director, Writer, Producer, DP, etc.) or the film must represent the Asian or Asian diasporic experience
- Films must have a completion date on or after January 1, 2024 (with the exception of the Works-in-Progress category)
- NYC premieres are prioritized
- All primarily non-English language films must include English subtitles
- Categories include documentary and narrative shorts and features, music videos, and interactive media
Past Recipients
ACV's fiscal sponsorship program has supported several films that went on to wider distribution and festival success:
- Lingua Franca (2019) by Isabel Sandoval - premiered at the Venice Film Festival, acquired by Netflix
- Yellow Rose (2019) by Diane Paragas - won the Grand Jury Prize at the Los Angeles Asian Pacific Film Festival, distributed by Stage 6 Films
- Wings of Defeat (2007) by Risa Morimoto - documentary about Japanese kamikaze pilots, aired on PBS
AAIFF has screened early work by Wayne Wang, Ang Lee, and Justin Lin before their wider industry recognition. The festival continues to platform emerging Asian diaspora talent each year, with the 49th edition scheduled for July 30 to August 9, 2026.
What Made Their Application Stand Out
ACV's fiscal sponsorship is not a competitive grant with a selection committee choosing winners. ACV reviews applications on a rolling basis and accepts projects that align with its mission. What makes a project a strong fit:
- Clear alignment with the Asian/Pacific Islander diaspora experience. The project must be by or about the Asian/Pacific Islander diaspora. Projects without this connection will not be accepted, regardless of quality.
- A realistic fundraising plan. Fiscal sponsorship is only useful if the filmmaker has a strategy for securing donations and grants. Filmmakers who understand which foundations require fiscal sponsorship (such as the Center for Asian American Media media fund or ITVS open call) get more value from the arrangement.
- For AAIFF submissions: a completed film with a strong authorial voice. AAIFF prioritizes NYC premieres and films that represent the Asian or Asian diasporic experience. Films that have already screened in NYC are at a disadvantage.
Renewal Requirements
Fiscal sponsorship is not a one-time award with a renewal cycle. Once ACV accepts a project for fiscal sponsorship, the arrangement continues for the life of the project's fundraising activities. There is no GPA, enrollment, or progress milestone requirement. The filmmaker manages the project and fundraising independently, with ACV serving as the fiscal conduit.
Filmmakers can apply for fiscal sponsorship for new projects at any time. There is no limit on the number of projects a filmmaker can have under fiscal sponsorship, though each project requires its own application and review.
For AAIFF submissions, filmmakers can submit new films each year. There is no restriction on reapplying with different projects in subsequent years.
Application Process
Fiscal sponsorship: Apply directly through the ACV website. ACV reviews applications on a rolling basis. Accepted projects receive nonprofit status for fundraising purposes, creative consultation, funding references, and partnership support.
AAIFF submissions: Submit via FilmFreeway. The submission deadlines for AAIFF49 (2026) are:
| Deadline | Date |
|---|---|
| Earlybird | January 15, 2026 |
| Regular | February 15, 2026 |
| Extended | March 15, 2026 |
| Notification | July 1, 2026 |
| Festival Dates | July 30 to August 9, 2026 |
Filmmakers facing financial hardship can request a submission fee waiver through a form on the ACV website. If approved, the ACV team contacts the applicant by email.
What Filmmakers Should Know
ACV does not offer direct production grants. The organization's name and history lead some filmmakers to assume they can apply for a cash grant. As of 2026, ACV does not distribute direct cash grants to individual filmmakers. The financial resource ACV offers is fiscal sponsorship, which is a conduit for receiving funds from other sources. This matters because many foundations and government grant programs only award funds to 501(c)(3) nonprofit organizations. An individual filmmaker without nonprofit status cannot apply. Fiscal sponsorship bridges that gap.
The key trade-off is that fiscal sponsorship requires you to do your own fundraising. ACV does not find donors or write grant applications for you. You bring the funds, and ACV provides the legal structure to receive them. The administrative fee (typically 5 to 10 percent) reduces the net amount you receive. For filmmakers who already have donors lined up or grants that require fiscal sponsorship, ACV is an efficient solution. For filmmakers who need someone to find funding for them, ACV will not serve that need. Filmmakers working on non-Asian projects should seek a different fiscal sponsor, such as Fractured Atlas or From the Heart Productions.
Watch
See Also
For understanding how fiscal sponsorship fits into a broader funding strategy, see Film Grants and Funding. To plan your production budget and understand how fiscal sponsorship fees affect your bottom line, use the Indie Film Budget Calculator. For evaluating which festivals to target with your completed film, use the Festival ROI Calculator.
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