SMBC GLOBAL FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SMBC GLOBAL FOUNDATION INC (EIN 13-3766226)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-07
- IRS object ID
- 202521889349100412
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-07T10:03:58-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 333709623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 CHURCH STREET 12TH FLOOR | AddressLine1Txt |
| City | HARTFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133766226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMBC GLOBAL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SMBC | BusinessNameControlTxt |
| Phone | 2122244118 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 277 PARK AVENUE 5TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10172 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIC ECKHOLDT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2122244592 | PhoneNum |
| Signature | 2025-06-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI ROTHE YOKOBOSKY | PreparerPersonNm |
| PTIN | P01273422 | PTIN |
| Phone | 9592007000 | PhoneNum |
| Preparation | 2025-06-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,082,270 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,743,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $721,905 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $721,905 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $255,999 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,730,375 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $255,999 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,720,904 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $977,904 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $34,368 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,437 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $30,931 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $72,972 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $43,635 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $29,338 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,939 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,628 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $22,628 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $142,907 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $47,072 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $82,897 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,701,812 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,102,391 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,844,719 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $47,072 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,185,288 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$123,815 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $930,832 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $195,076 | CashBOYAmt |
| Prepaid Expenses BOY | $17,630 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $8,250 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $8,250 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $10,647,119 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,537,976 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,537,976 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,681,042 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,536,044 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,536,044 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $15,540,867 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,082,270 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,082,270 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $35,044 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $57,827 | AccountsPayableEOYAmt |
| Grants Payable BOY | $359,384 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,656,493 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $394,428 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,714,320 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $15,146,439 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $15,367,950 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,146,439 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,367,950 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,540,867 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,082,270 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,146,439 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$123,815 | ExcessRevenueOverExpensesAmt |
| Other Increases | $345,326 | OtherIncreasesAmt |
| Subtotal | $15,367,950 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $15,367,950 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | VANGUARD FUNDS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $1,730,375 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,474,376 | CostOrOtherBasisAmt |
| Gain Or Loss | $255,999 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $255,999 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $255,999 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,939 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,939 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,939 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,380 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,559 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,939 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.SMBCGROUP.COM | WebsiteAddressTxt |
| Individual With Books | ERIC ECKHOLDT | IndividualWithBooksNm |
| Phone | 2122244915 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 277 PARK AVENUE 5TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10172 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| AABHA SHARMA | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | ASSISTANT SECRETARY | 0.50 | $0 | $0 | $0 |
| CARL ADAMS | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| ERIC ECKHOLDT | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| HIRO OSHIMA | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | DIRECTOR/CHAIRPERSON | 0.50 | $0 | $0 | $0 |
| KATSUYUKI KUBO | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| KUO-CHANG KC LU | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | TREASURER | 0.25 | $0 | $0 | $0 |
| LEANNE MADER | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | SECRETARY | 0.50 | $0 | $0 | $0 |
| LISETTE LIEBERMAN | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| LYNN ZILKA | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | ASSISTANT SECRETARY | 0.25 | $0 | $0 | $0 |
| PETER STURZINGER | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | OUTGOING-ASSISTANT SECRETARY | 0.25 | $0 | $0 | $0 |
| ROBIN MILBERG | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| STEPHANIE BOWKER | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| SUMIN SEO | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | ASSISTANT SECRETARY | 0.25 | $0 | $0 | $0 |
| WILLIAM GOUGHERTY | |||||||||
| C/O SUMITOMO MITSUI BANKING CORP | 277 PARK AVENUE | NEW YORK | NY | 10172 | ASSISTANT SECRETARY | 0.25 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,226,345 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $328,847 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,555,192 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,555,192 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $248,328 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,306,864 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $815,343 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $815,343 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,939 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,939 | TotalTaxAmt |
| Distributable Before Adj | $802,404 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $802,404 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $802,404 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,185,288 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,185,288 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $802,404 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $906,402 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $906,402 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,185,288 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $802,404 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $382,884 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,289,286 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,289,286 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $906,402 | ExcessFromYear1Amt |
| Excess From Current Year | $382,884 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient PhoneRecipientPhoneNum | Form And Info And MaterialsFormAndInfoAndMaterialsTxt | Submission DeadlinesSubmissionDeadlinesTxt | Restrictions On AwardsRestrictionsOnAwardsTxt |
|---|---|---|---|---|---|---|---|
| PRESIDENT SMBC GLOBAL FOUNDATIONINC | |||||||
| 277 PARK AVENUE | NEW YORK | NY | 10172 | 2122244440 | GRANT APPLICATIONS ARE ACCEPTED BY INVITE ONLY. GRANT REQUESTS INCLUDE THE FOLLOWING INFORMATION: A DESCRIPTION OF THE ORGANIZATION, ITS HISTORY AND OVERALL PURPOSES; THE SPECIFIC PURPOSE FOR THE GRANT REQUEST, EXPLANATION OF NEED AND AMOUNT OF CASH REQUESTED; AND EVIDENCE OF THE ORGANIZATION'S TAX-EXEMPT STATUS. ADDITIONAL INFORMATION MAY BE REQUESTED BASED ON THE PROGRAM FOR WHICH THE GRANT IS BEING APPLIED. | DEADLINES FOR GRANT SUBMISSIONS VARY BASED ON PROGRAM AND ARE DETERMINED AT THE TIME OF APPLICATION. | SMBC GLOBAL FOUNDATION, INC. DOES NOT RESTRICT GRANTS BY GEOGRAPHICAL AREAS. THE FOUNDATION ONLY GIVES TO INSTITUTIONS WITHIN THE UNITED STATES WHICH ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, AND ONLY FOR 501(C)(3) PURPOSES OUTSIDE THE UNITED STATES. IT PROVIDES GRANTS TO SUPPORT EDUCATIONAL ORGANIZATIONS; TO ASSIST ORGANIZATIONS COMMITTED TO COMMUNITY SERVICE AND TO THE PROVISION OF SOCIAL SERVICES TO THOSE IN NEED; TO ASSIST ORGANIZATIONS DEDICATED TO PUBLIC HEALTH; AND TO ENCOURAGE INDIVIDUALS TO SERVE THEIR COMMUNITY. IN 2023, THE FOUNDATION LAUNCHED A NEW GRANTMAKING PROGRAM THAT PROVIDES UNDERSERVED YOUTH WITH ENRICHING OUTDOOR-BASED EXPERIENCES. THE FOUNDATION DOES NOT MAKE GRANTS TO ORGANIZATIONS WHOSE ACTIVITIES ARE INCONSISTENT WITH SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE OR ORGANIZATIONS WHOSE ATTEMPT TO INFLUENCE LEGISLATION. |
| PRESIDENT SMBC GLOBAL FOUNDATIONINC | |||||||
| 277 PARK AVENUE | NEW YORK | NY | 10172 | 2122244440 | ELIGIBLE EMPLOYEES ARE ABLE TO SUBMIT MATCHING GIFT APPLICATIONS ONLINE DURING WHICH THE FOLLOWING INFORMATION IS COLLECTED: CHARITY TO WHICH DONATION WAS MADE, DONATION AND REQUESTED MATCHING AMOUNTS, THE DATE OF THE DONATION, AND EVIDENCE OF THE DONATION. | MATCHING GIFT APPLICATIONS MUST BE SUBMITTED WITHIN THE CALENDAR YEAR IN WHICH THE DONATIONS WERE MA | THE MAXIMUM AMOUNT DONATED PER EMPLOYEE PER YEAR IS LIMITED TO $1,000, AND THE MINIMUM DONATION FOR MATCHING FUNDS IS $25. IN 2024, THE FOUNDATION MADE DONATIONS TOTALING $725,241 RELATING TO THIS PROGRAM. PAYMENTS TO AN ORGANIZATION OR INSTITUTION THAT ARE MADE IN CONSEQUENCE OF, OR LEAD TO, A DIRECT MATERIAL BENEFIT (SUCH AS GOODS AND SERVICES OF MORE THAN A NOMINAL VALUE) TO THE DONOR OR A MEMBER OF HIS OR HER FAMILY, OR AN INDIVIDUAL DESIGNATED BY THE DONOR, ARE NOT ELGIBILE TO BE MATCHED BY THE FOUNDATION. |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (55 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS | |||||||
| 520 W 49TH ST | NEW YORK | NY | 10019 | PC | GENERAL OPERATING | $23,555 | |
| AMERICAN RED CROSS | |||||||
| 520 W 49TH ST | NEW YORK | NY | 10019 | PC | DISASTER & HUMANITARIAN RELIEF | $50,000 | |
| AMERICA'S CHARITIES | |||||||
| 14200 PARK MEADOW DRIVE SUITE 330S | CHANTILLY | VA | 20151 | PC | GENERAL OPERATING | $257,889 | |
| BATTERY CONSERVANCY INC | |||||||
| 90 BROAD STREET 1503 | NEW YORK | NY | 10004 | PC | GENERAL OPERATING | $4,050 | |
| BRANCH BROOK PARK ALLIANCE | |||||||
| 53 MAPLE AVE | MORRISTOWN | NJ | 07960 | PC | GENERAL OPERATING | $1,500 | |
| CAL STATE FULLERTON PHILANTHROPIC FOUNDATION - CENTER FOR ENTREPRENEURSHIP | |||||||
| 2600 NUTWOOD AVE SUITE 850 | FULLERTON | CA | 92831 | PC | GENERAL OPERATING | $16,240 | |
| CENTRAL CITY NEIGHBORHOOD PARTNERS | |||||||
| 501 S BIXEL STREET | LOS ANGELES | CA | 90017 | PC | GENERAL OPERATING | $4,500 | |
| CITY HARVEST | |||||||
| 150 52ND ST | BROOKLYN | NY | 11232 | PC | GENERAL OPERATING | $1,000 | |
| COALITION FOR THE HOMELESS | |||||||
| 129 FULTON ST | NEW YORK | NY | 10038 | PC | GENERAL OPERATING | $1,500 | |
| COLUMBIA BUSINESS SCHOOL - CENTER ON JAPANESE ECONOMY AND BUSINESS | |||||||
| 645 WEST 130 ST GEFFEN HALL 6TH | NEW YORK | NY | 10027 | PC | GENERAL OPERATING | $35,000 | FLOOR |
| COUNCIL ON THE ENVIRONMENT INC DBA GROWNYC | |||||||
| PO BOX 2327 | NEW YORK | NY | 10272 | PC | GENERAL OPERATING | $2,250 | |
| EARTH DAY NETWORK INC | |||||||
| 1752 N STREET NW SUITE 700 | WASHINGTON | DC | 20036 | PC | TO FACILITATE THE PLANTING OF 20,000 TREES IN THE CANOPY PROJECT'S TREE PLANTING LOCATIONS, INCLUDING INDIA, TANZANIA, MEXICO, AND CANADA | $50,000 | |
| FEED MY STARVING CHILDREN | |||||||
| 401 93RD AVE NW | COON RAPIDS | MN | 55433 | PC | GENERAL OPERATING | $7,450 | |
| FOURBLOCK FOUNDATION | |||||||
| 230 PARK AVENUE 29TH FLOOR | NEW YORK | NY | 10169 | PC | GENERAL OPERATING | $3,250 | |
| FREDERICK DOUGLASS ACADEMY | |||||||
| 2581 ADAM CLAYTON POWELL BLVD | NEW YORK | NY | 10039 | PC | STUDENT TRIP TO JAPAN | $35,000 | |
| GOD'S LOVE WE DELIVER | |||||||
| 166 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | PC | GENERAL OPERATING | $12,855 | |
| GOOD PLUS FOUNDATION | |||||||
| 306 W 37TH ST 8TH FL | NEW YORK | NY | 10018 | PC | GENERAL OPERATING | $17,815 | |
| HAMILTON MADISON HOUSE INC | |||||||
| 253 SOUTH ST | NEW YORK | NY | 10002 | PC | GENERAL OPERATING | $3,530 | |
| HAMILTON MADISON HOUSE INC | |||||||
| 253 SOUTH ST | NEW YORK | NY | 10002 | PC | JAPANESE BEHAVIORAL HEALTH CLINIC | $10,000 | |
| HANDS ON GREATER PHOENIX | |||||||
| 1125 SOUTHERN AVE | MESA | AZ | 85210 | PC | GENERAL OPERATING | $9,150 | |
| HOBOKEN COMMUNITY CENTER | |||||||
| 1301 WASHINGTON ST | HOBOKEN | NJ | 07030 | PC | GENERAL OPERATING | $3,300 | |
| ISAMU NOGUCHI FOUNDATION AND MUSEUM | |||||||
| 32-37 VERNON BLVD | LONG ISLAND CITY | NY | 11106 | PC | GENERAL OPERATING | $10,000 | |
| IUC (INTER-UNIVERSITY CENTER FOR JAPANESE STUDIES) - STANFORD UNIVERSITY | |||||||
| ENCINA HALL C334 616 JANE STANFORD | REDWOOD CITY | CA | 943056055 | PC | SCHOLARSHIPS FOR THE 2025-2026 10-MONTH PROGRAM | $20,000 | WAY |
| JAPAN DAY INC | |||||||
| 1650 BROADWAY SUITE 1210 | NEW YORK | NY | 10019 | PC | GENERAL OPERATING | $10,000 | |
| JAPAN SOCIETY INC | |||||||
| 333 EAST 47TH ST | NEW YORK | NY | 10017 | PC | JAPAN SOCIETY SCHOOL PARTNERSHIP PROGRAM | $50,000 | |
| JAPANESE AMERICAN NATIONAL MUSEUM | |||||||
| 100 N CENTRAL AVENUE | LOS ANGELES | CA | 90012 | PC | OUR PROMISE CAPITAL CAMPAIGN | $300,000 | |
| JAPANESE EDUCATIONAL INSTITUTE (JEI) | |||||||
| 56 HARRISON ST SUITE 505 | NEW ROCHELLE | NY | 10801 | PC | SCHOLARSHIPS AND GENERAL OPERATING | $30,000 | |
| JERSEY CITY PARKS COALITION | |||||||
| COMMUNIPAW AVENUE | JERSEY CITY | NJ | 073077196 | PC | GENERAL OPERATING | $750 | |
| JUNIOR ACHIEVEMENT NEW YORK | |||||||
| 200 WEST 41ST ST -- SUITE 800 | NEW YORK | NY | 10036 | PC | GENERAL OPERATING | $1,000 | |
| JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA | |||||||
| 6250 FOREST LAWN DR | LOS ANGELES | CA | 900681016 | PC | GENERAL OPERATING | $1,050 | |
| LEAGUE TREATMENT CENTER | |||||||
| 483 CLERMONT AVENUE 3RD FLOOR | BROOKLYN | NY | 11238 | PC | GENERAL OPERATING | $1,050 | |
| LITTLE TOKYO SERVICE CENTER | |||||||
| 231 E 3RD ST STE G106 | LOS ANGELES | CA | 90013 | PC | GENERAL OPERATING | $8,400 | |
| LOS ANGELES REGIONAL FOOD BANK | |||||||
| 1734 E 41ST STREET | LOS ANGELES | CA | 90058 | PC | GENERAL OPERATING | $9,900 | |
| NEW YORK CARES | |||||||
| 65 BROADWAY - 19TH FLOOR | NEW YORK | NY | 10006 | PC | GENERAL OPERATING | $680 | |
| NEW YORK CARES | |||||||
| 65 BROADWAY - 19TH FLOOR | NEW YORK | NY | 10006 | PC | TO MEET THE PRESSING NEEDS OF THE NEW YORK METROPOLITAN AREA BY ENGAGING VOLUNTEERS IN SERVICE | $100,000 | |
| OPERATION GRATITUDE | |||||||
| PO BOX 260257 | ENCINO | CA | 91426 | PC | GENERAL OPERATING | $7,350 | |
| ORANGE COUNTY UNITED WAY | |||||||
| 18012 MITCHELL SOUTH | IRVINE | CA | 92614 | PC | GENERAL OPERATING | $1,350 | |
| RAMSEY AMBULANCE CORPS | |||||||
| 41 SOUTH ISLAND AVE | RAMSEY | NJ | 07446 | PC | GENERAL OPERATING | $1,950 | |
| REBUILDING TOGETHER INC | |||||||
| 990 N CAPITOL ST NE | WASHINGTON | DC | 20002 | PC | GENERAL OPERATING | $9,000 | |
| RETHINK FOOD NYC INC | |||||||
| 214 SULLIVAN STREET 6C | NEW YORK | NY | 10012 | PC | GENERAL OPERATING | $4,350 | |
| RONALD MCDONALD HOUSE CHARITIES OF GREATER CHARLOTTE | |||||||
| 1613 E MOREHEAD STREET | CHARLOTTE | NC | 28207 | PC | GENERAL OPERATING | $8,550 | |
| RONALD MCDONALD HOUSE NEW YORK | |||||||
| 405 E 73RD ST | NEW YORK | NY | 10021 | PC | GENERAL OPERATING | $31,435 | |
| SECOND HARVEST FOOD BANK OF METROLINA | |||||||
| 500-B SPRATT ST | CHARLOTTE | NY | 28206 | PC | GENERAL OPERATING | $1,350 | |
| SECOND HARVEST FOOD BANK OF METROLINA | |||||||
| 500-B SPRATT ST | CHARLOTTE | NY | 28206 | PC | GENERAL OPERATING | $410 | |
| SLEEP IN HEAVENLY PEACE | |||||||
| PO BOX 415 | RYE | NY | 10580 | PC | GENERAL OPERATING | $1,800 | |
| STATEN ISLAND CRICKET CLUB | |||||||
| 197 CITY BLVD | STATEN ISLAND | NY | 10301 | PC | GENERAL OPERATING | $900 | |
| STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION | |||||||
| 2361 HYLAN BLVD | STATEN ISLAND | NY | 10306 | PC | GENERAL OPERATING | $900 | |
| STREETWISE PARTNERS | |||||||
| 222 BROADWAY 19TH FLOOR | NEW YORK | NY | 10038 | PC | GENERAL OPERATING | $1,050 | |
| TABLE FOR TWO USA | |||||||
| PO BOX 1103 | NEW YORK | NY | 10163 | PC | GENERAL OPERATING | $15,000 | |
| TARRANT AREA FOOD BANK | |||||||
| 2525 CULLEN ST | FORT WORTH | TX | 76107 | PC | GENERAL OPERATING | $1,310 | |
| THE JAPANESE AMERICAN ASSOCIATION OF NEW YORK | |||||||
| 660 5TH AVENUE | NEW YORK | NY | 10103 | PC | JAPAN HISTORY COUNCIL | $5,000 | |
| THE RESOURCE FOUNDATION | |||||||
| 244 5TH AVE SUITE 1428 | NEW YORK | NY | 10001 | PC | GENERAL OPERATING | $9,602 | |
| THE RESOURCE FOUNDATION | |||||||
| 244 5TH AVE SUITE 1428 | NEW YORK | NY | 10001 | PC | TO FACILITATE GRANTMAKING TO CHARITIES IN MEXICO, CANADA, BRAZIL, AND IRELAND | $96,020 | |
| UNITED WAY OF NEW YORK CITY | |||||||
| 205 EAST 42ND ST 12TH FLOOR | NEW YORK | NY | 10017 | PC | GENERAL OPERATING | $10,450 | |
| YOUTH BUSINESS ALLIANCE | |||||||
| 8200 WILSHIRE BLVD SUITE 200 | BEVERLY HILLS | CA | 90211 | PC | GENERAL OPERATING | $1,950 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,302,391 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|
| AMERICAN CAMP ASSOCIATION | |||||||||
| 5000 STATE ROAD 67 NORTH | MARTINSVILLE | IN | 46151 | PC | CAMP SCHOOL PARTNERSHIPS, SEND A CHILD TO CAMP SCHOLARSHIPS, CAPACITY BUILDING | $350,000 | |||
| AMERICA'S CHARITIES | |||||||||
| 14200 PARK MEADOW DRIVE SUITE 330S | CHANTILLY | VA | 20151 | PC | GENERAL OPERATING | $467,952 | |||
| BEARBE A RESOURCE | |||||||||
| 3572 E T C JESTER BLVD | HOUSTON | TX | 77018 | PC | GENERAL OPERATING | $2,850 | |||
| BREAK A DIFFERENCE | |||||||||
| 1794 UNION AVE | BALTIMORE | MD | 20003 | PC | GENERAL OPERATING | $23,290 | |||
| CANADIAN CANCER SOCIETY | |||||||||
| PC | GENERAL OPERATING | $5,329 | 55 ST CLAIR AVE WEST SUITE 500 | TORONTO | CA | ||||
| CHANGE SUMMER INC | |||||||||
| 119 W 72ND ST SUITE 187 | NEW YORK | NY | 10023 | PC | TO SUPPORT UNDER-REPRESENTED NEW YORK CITY YOUTH IN ATTENDING TWO-WEEK OVERNIGHT CAMP | $225,000 | |||
| FRESH AIR FUND | |||||||||
| 633 3RD AVE 14TH FLOOR | NEW YORK | NY | 10017 | PC | GENERAL OPERATING | $50,000 | |||
| NATIONAL OUTDOOR LEADERSHIP SCHOOL | |||||||||
| 284 LINCOLN ST | LANDER | WY | 82520 | PC | TO SUPPORT THE ACCESS PARTNER PROGRAM | $75,000 | |||
| OUTWARD BOUND USA | |||||||||
| 1133 ROUTE 55 SUITE 10 | LAGRANGEVILLE | NY | 12540 | PC | TO PROVIDE 5-7 DAY WILDERNESS EXPEDITIONS FOR NYC HIGH-SCHOOL UNDERSERVED YOUTH, STRATEGIC CAPACITY BUILDING EFFORTS | $200,000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,399,421 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $721,905 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $255,999 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $977,904 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $977,904 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMBC AMERICAS HOLDINGS INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 277 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10172 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,743,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $34,368 | Amt |
| Net Investment Income | $3,437 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $30,931 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| FORM 990 PF, PART XV: | ON DECEMBER 12, 2013 THE ORGANIZATION RECEIVED A PRIVATE LETTER RULING FROM THE IRS STATING THAT THE IRS HAS APPROVED THE PROCEDURES THAT THE ORGANIZATION HAS IN PLACE FOR ITS SCHOLARSHIP PROGRAM, AND DETERMINED THAT SUCH EXPENDITURES WILL BE NOT BE CONSIDERED TAXABLE EXPENDITURES. AWARDS MADE UNDER THESE PROCEDURES ARE SCHOLARSHIP OR FELLOWSHIP GRANTS, AND ARE NOT TAXABLE TO THE RECIPIENT IF THEY ARE USED FOR QUALIFIED TUITION AND RELATED EXPENSES. |
| FORM 990 PF, PART VII-B, LINE 1A(3): | AS SUBSTANTIAL CONTRIBUTORS, SUMITOMO MISUI BANKING CORPORATION AND SMBC AMERICAS HOLDINGS, INC ARE DISQUALIFIED PERSONS WITH RESPECT TO THE SMBC GLOBAL FOUNDATION, INC. (THE FOUNDATION) WITHIN THE MEANING OF IRC SECTION 4946(A)(1)(A). SMBC AMERICAS HOLDINGS, INC. PROVIDED THE CONTRIBUTION OF $1.743M. SUMITOMO MITSUI BANKING CORPORATION PROVIDED NOMINAL OFFICE SPACE, OFFICE SUPPLIES, AND FURNISHINGS FOR THE USE OF THE FOUNDATION WHOLLY WITHOUT CHARGE TO THE FOUNDATION. THIS ACTIVITY IS A PERMISSIBLE ACTIVITY IN ACCORDANCE WITH TREASURY REGULATION SECTION 53.4941(D)-2(D)(3). SUMITOMO MITSUI BANKING CORPORATION AND ITS WHOLLY-OWNED SUBSIDIARIES ALSO PROVIDE GENERAL BANKING FUNCTIONS TO THE FOUNDATION. THE ACTIVITY IS A PERMISSIBLE ACTIVITY IN ACCORDANCE WITH TREASURY REGULATION SECTION 53.4941(D)-2(C)(4). |
| FORM 990 PF, PART VII-B, LINE 1A(4): | AS SUBSTANTIAL CONTRIBUTORS, SUMITOMO MISUI BANKING CORPORATION AND SMBC AMERICAS HOLDINGS, INC ARE DISQUALIFIED PERSONS WITH RESPECT TO THE SMBC GLOBAL FOUNDATION, INC. (THE FOUNDATION) WITHIN THE MEANING OF IRC SECTION 4946(A)(1)(A). SUMITOMO MITSUI BANKING CORPORATION PROVIDES, OR ALTERNATIVELY, ENGAGES INDEPENDENT THIRD PARTIES TO PROVIDE, CERTAIN ACCOUNTING, BOOKKEEPING, RECORDKEEPING AND OTHER PERSONAL SERVICES TO THE FOUNDATION, ALL OF WHICH ARE REASONABLE AND NECESSARY TO CARRY OUT THE EXEMPT PURPOSE OF THE FOUNDATION. THESE SERVICES ARE DONATED TO THE FOUNDATION SUMITOMO MITSUI BANKING CORPORATION. THE ACTIVITY IS A PERMISSIBLE ACTIVITY IN ACCORDANCE WITH TREASURY REGULATION 53.4941(D)-3(C). |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VANGUARD - BONDS | BondNm |
| EOY Book Value | $5,536,044 | EOYBookValueAmt |
| EOYFMV | $5,536,044 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VANGUARD - EQUITY | StockNm |
| EOY Book Value | $11,537,976 | EOYBookValueAmt |
| EOYFMV | $11,537,976 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| REGISTRATION | $1,128 | $0 | $1,128 |
| BOOKS, NEWSPAPERS AND MAGAZINES | $170 | $0 | $170 |
| BANK FEE | $1,530 | $0 | $1,530 |
| IT SUPPORT SERVICES | $11,000 | $0 | $11,000 |
| MEMBERSHIP DUES | $8,800 | $0 | $8,800 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $345,326 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT SERVICE FEE | $32,597 | $3,260 | $29,338 |
| INVESTMENT FEE | $40,375 | $40,375 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $12,939 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |