The District Attorney's Office says 43-year-old Jiah Rhea Chung was taken into custody Thursday and held on $115,000 bail.
Prosecutors say Chung used forged checks to give herself unauthorized bonuses and extra pay. The alleged crimes occurred between 2009 and 2011 while she was executive director of the foundation.
She is charged with three felony counts each of misappropriation of public funds, embezzlement and forgery.
Chung is scheduled to be arraigned Feb. 18. If convicted, she faces up to 10 years in state prison.