Smbc Global Foundation Inc
- Assets
- $13.9m
- Revenue
- $382.3k
- Investments
- $13.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 13-3766226
Organization Overview
Smbc Global Foundation Inc is located in New York, NY. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smbc Global Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Smbc Global Foundation Inc generated $382.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $651.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Smbc Global Foundation Inc has awarded 618 individual grants totaling $2,443,392. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Stomski Assistant Treasurer | 0.5 | $0 | |
Hiro Oshima Director | 0.5 | $0 | |
Howard Tiegel Outgoing Director | 0.5 | $0 | |
Leanne Mader Secretary | 0.5 | $0 | |
Lubna Usman Outgoing Assistant Secretary | 0.5 | $0 | |
Natsuhiro Samejima Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $424,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,269 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $382,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,185 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,035 |
| Total operating and administrative expenses | $226,062 |
| Contributions, gifts, grants paid | $425,516 |
| Total expenses and disbursements | $651,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,551 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,865 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,936,962 |
| Accounts payable and accrued expenses | $50,287 |
| Grants payable | $17,130 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $67,417 |
Grants Awarded
Over the last fiscal year, Smbc Global Foundation Inc has awarded $425,516 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NATIONAL RED CROSS PURPOSE: IN SUPPORT OF THE ORGANIZATION'S GENERAL OPERATION | $60,000 |
AMERICA'S CHARITIES PURPOSE: EMPLOYEE MATCHING GIFTS PROGRAM | $52,516 |
ASPIRA OF NEW YORK INCORPORATED PURPOSE: 2022 ANNUAL CIRCLE OF ACHIEVERS EVENT | $25,000 |
CATALYST INC PURPOSE: GENERAL OPERATING | $20,000 |
COLUMBIA UNIVERSITY PURPOSE: CENTER ON JAPANESE ECONOMY AND BUSINESS | $50,000 |
HAMILTON MADISON HOUSE PURPOSE: JAPANESE MENTAL HEALTH CLINIC | $10,000 |