Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
UNITED STATES-JAPAN FOUNDATION
 
% CHRISTINE MANAPAT-SIMS
Number and street (or P.O. box number if mail is not delivered to street address)145 EAST 32ND STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10016
A Employer identification number

13-3054425
B Telephone number (see instructions)

(212) 481-8735
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$81,374,001J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 22,681
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 729,819 729,819  
4 Dividends and interest from securities... 1,173,534 1,173,534  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,812,334
b Gross sales price for all assets on line 6a 35,467,960
7 Capital gain net income (from Part IV, line 2)... 6,812,230
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -181,071 -91,261  
12 Total. Add lines 1 through 11........ 8,557,297 8,624,322  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 525,672 84,855   851,963
14 Other employee salaries and wages...... 420,910 9,764    
15 Pension plans, employee benefits....... 369,952 36,721   333,231
16a Legal fees (attach schedule)......... Click to see attachment 5,513 0 0 5,513
b Accounting fees (attach schedule)....... Click to see attachment 126,000 59,100 0 66,900
c Other professional fees (attach schedule).... Click to see attachment 809,131 809,131    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 75,490      
19 Depreciation (attach schedule) and depletion... Click to see attachment 41,114    
20 Occupancy.............. 364,706 12,667   352,039
21 Travel, conferences, and meetings....... 249,148 58,584   190,564
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 757,276 4,483   749,837
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,744,912 1,075,305 0 2,550,047
25 Contributions, gifts, grants paid....... 3,798,508 3,665,960
26 Total expenses and disbursements. Add lines 24 and 25 7,543,420 1,075,305 0 6,216,007
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,013,877
b Net investment income (if negative, enter -0-) 7,549,017
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 224,926 144,146 144,146
2 Savings and temporary cash investments......... 854,250 346,851 346,851
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet37,922
Less: allowance for doubtful accounts bullet   74,088 37,922 37,922
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 9,527 20,341 20,341
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 14,228,531 Click to see attachment11,761,348 11,761,348
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 73,870,713 Click to see attachment68,660,299 68,660,299
14 Land, buildings, and equipment: basis bullet1,683,841
Less: accumulated depreciation (attach schedule) bullet1,324,947 406,346 Click to see attachment358,894 358,894
15 Other assets (describe bullet) Click to see attachment406,848 Click to see attachment44,200 Click to see attachment44,200
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 90,075,229 81,374,001 81,374,001
Liabilities 17 Accounts payable and accrued expenses.......... 69,419 64,273
18 Grants payable.................. 194,490 315,779
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment134,507 Click to see attachment36,194
23 Total liabilities (add lines 17 through 22)......... 398,416 416,246
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 89,602,725 80,919,833
25 Temporarily restricted............... 74,088 37,922
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 89,676,813 80,957,755
31 Total liabilities and net assets/fund balances (see instructions). 90,075,229 81,374,001
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
89,676,813
2
Enter amount from Part I, line 27a .....................
2
1,013,877
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
90,690,690
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,732,935
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
80,957,755
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b ALPHAGEN (PASS THRU)      
c BBH PRIVATE EQUITY (PASS THRU)      
d FARALLON (PASS THRU)      
e GEMELLI (PASS THRU)      
JP EUROPEAN POOLED (PASS THRU)      
JP US DIRECT (PASS THRU)      
JP US POOLED (PASS THRU)      
KKR ENERGY (PASS THRU)      
OCA BRIGADE CREDIT FUND II LLC (PASS THRU)      
OCA STRATEGOS (PASS THRU)      
OCA VAN ECK LLC (PASS THRU)      
OCA WESLEY LLC (PASS THRU)      
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 33,014,631   26,464,311 6,550,320
b 243,910     243,910
c 306,384   315,556 -9,172
d 77,970   88,962 -10,992
e 139,580   160,527 -20,947
158,488   99,555 58,933
75,907   38,988 36,919
735,918   323,617 412,301
80,038   77,196 2,842
310,152   380,537 -70,385
103,235     103,235
    369,437 -369,437
221,747   337,044 -115,297
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       6,550,320
b       243,910
c       -9,172
d       -10,992
e       -20,947
      58,933
      36,919
      412,301
      2,842
      -70,385
      103,235
      -369,437
      -115,297
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,812,230
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 4,177,619 88,565,391 0.04717
2013 3,644,466 83,072,418 0.043871
2012 3,458,276 79,163,849 0.043685
2011 3,459,067 82,771,983 0.04179
2010 3,504,867 76,990,526 0.045523
2
Total of line 1, column (d) .....................
20.222039
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.044408
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
86,612,575
5
Multiply line 4 by line 3......................
5
3,846,291
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
75,490
7
Add lines 5 and 6........................
7
3,921,781
8
Enter qualifying distributions from Part XII, line 4.............
8
6,216,007
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 75,490
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 75,490
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 75,490
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 61,022
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 111,022
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 35,532
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet35,532 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.us-jf.org
    14
    The books are in care ofbulletCHRISTINE MANAPAT-SIMS Telephone no.bullet (212) 481-8753

    Located atbullet145 EAST 32ND STREETNEW YORKNY ZIP+4bullet10016
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16Yes  
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    James Lintott Chairman
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Shin'ichi Kitaoka Vice Chairman
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    George Packard President
    40.0     		310,417 45,050 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Takeshi Ueshima Board Secretary
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Thomas W Strauss Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Alexandra Munroe Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Jane Mack Gould TO 102515 Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Satoru Murase Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Richard J Samuels Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Daniel Tani Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Akinari Horii Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Yoriko Kawaguchi Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Taro Kono TO 102515 Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Takeshi Niinami Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Yukako Uchinaga Trustee
    1.0     		0 0 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Maria Cristina Manapat-Sims ASST Secretary/Treasurer
    40.0     		215,255 36,593 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    DAVID JANES DIRECTOR OF GRANTS
    40.0     		142,676 24,255 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    TOMOYUKI WATANABE JAPAN REPRESENTATIVE
    40.0     		113,722 19,372 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    KELLY NIXON PROGRAM OFFICER
    40.0     		92,806 15,777 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    TERESA L SHAM EXECUTIVE ASSISTANT
    40.0     		91,142 15,494 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    AYA TSUJITA PROJECTS OFFICER
    40.0     		64,886 12,581 0
    145 EAST 32ND STREET
    NEW YORK,NY10016
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    OFFIT ADVISORS INVESTMENT ADVISORY 256,391
    140 BROADWAY
    NEW YORK,NY10005
    BERSON & CORRADO ACCOUNTING SERVICES 87,000
    25 WEST 43RD STREET
    NEW YORK,NY10036
    JP MORGAN CHASE LYRICAL MGT FEE-INVESTMENTS 86,299
    2 PARK AVENUE
    NEW YORK,NY10016
    ANCHORAGE CAPITAL GROUP LLC MGT FEE-INVESTMENTS 60,163
    610 BROADWAY
    NEW YORK,NY10012
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 US-JAPAN LEADERSHIP PROGRAM - A PROGRAM WHICH DEVELOPS A NETWORK AMONG GENERATIONS OF LEADERS IN EACH COUNTRY THROUGH CONFERENCES, A WEBSITE, NEWSLETTERS AND FREQUENT REUNIONS. 630,808
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    87,505,238
    b
    Average of monthly cash balances.......................
    1b
    249,580
    c
    Fair market value of all other assets (see instructions)................
    1c
    176,730
    d
    Total (add lines 1a, b, and c).........................
    1d
    87,931,548
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    87,931,548
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,318,973
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    86,612,575
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,330,629
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    4,330,629
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    75,490
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    75,490
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,255,139
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,255,139
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    4,255,139
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,216,007
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,216,007
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    75,490
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,140,517
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 4,255,139
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 1,545,524
    b Total for prior years:2013, 2012, 2011  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 6,216,007
    a Applied to 2014, but not more than line 2a 1,545,524
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 4,255,139
    e Remaining amount distributed out of corpus 415,344
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 415,344
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		415,344
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 0
    e Excess from 2015.... 415,344
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    GRANT ADMINISTRATOR - CO USJF
    145 EAST 32ND STREET
    NEW YORK,NY10016
    (212) 481-8761
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION SHOULD BE LESS THAN 3 PAGES AND INCLUDE THE FOLLOWING 1) DESCRIPTION OF APPLICANT INCLUDING TAX EXEMPT STATUS 2) SUMMARY OF PROPOSED PROJECT 3) PRESENT SOURCE OF FUNDS 4) AMOUNT OF PROPOSED GRANT
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    INDIVIDUALS APPLYING ON THEIR OWN BEHALF FOR INDEPENDENT STUDY, RESEARCH, TRAVEL OR PARTICIPATION IN MEETINGS ARE NOT ELIGIBLE.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AmerAsian School in Okinawa
    1 Chome-15-22 Shimashi
    Ginowan,Okinawa Prefectur90-12213
    JA     		NONE NC To support the salary for an Information Communication Technology Education teacher and to provide college scholarships for AmerAsian students. 33,091
    Cntr for Cultural & Techn'l Interchange Bt E & W
    1601 East-West Road
    Honolulu,HI968481601     		NONE PC To support a study group comprising a majority of members from military base hosting communities of Okinawa, Guam and Oahu to assess how the three are inter-connected in terms of the challenges faced by the military base hosting communities, identify possible pathways to maintain military effectiveness while reducing the burdens on local populations and appreciate the changing strategic environment that is shaping adjustments of military base hosting. 93,225
    Center for Independent Documentary
    1300 Soldiers Field Road Suite 4
    Boston,MA02135     		NONE PC To support the creation of a documentary film on the history and role of baseball in U.S.-Japan relations titled "Diamond Diplomacy." 53,100
    Center for Strategic and International Studies (P
    1003 Bishop Street Pauahi Tower S
    Honolulu,HI96813     		NONE PC To support a project titled Peace Rising that aims to bring young foreign policy experts and scholars from Japan, Korea and the US together at a trilateral forum to build networks, analyze key issues that influence the capacity for trilateral security cooperation, and articulate creative and sustainable policy solutions. 69,854
    Chicago Council on Global Affairs
    180 N Stetson Ave 1400
    Chicago,IL60601     		NONE PC To support an in-depth examination of US perceptions of Japan and the US-Japan alliance as part of the Councils 2015 Chicago Council survey. 50,000
    Coastal Enterprises
    2 Portland Fish Pier
    Portland,ME04101     		NONE PC To support a technological transfer exchange trip with the scallop aquaculture industry in Aomori, Japan to advance the development of Maines scallop aquaculture industry. 54,793
    Concordia Language Villages of Concordia College
    901 8TH STREET SOUTH
    MOORHEARD,MN56562     		NONE PC To support a Japanese language scholarship program for middle and high school students in a 12-state region that aims to improve Japanese language study throughout the Midwest. 28,578
    Council for Educational Advancement
    1460 Craig Road
    St Louis,MO63146     		NONE PC To support a teacher professional development titled "Okinowa's Challenge: Remember the Past-Shaping the Future" that will present American teachers and their students with an unusual opportunity to study a unique part of Japan with a long history unknown to most Americans. 94,706
    Council on Foreign Relations
    58 E 68th Street
    NEW YORK,NY10065     		NONE PC To support the second year of a project that will look carefully at Japans nationalist politics to examine their impact on the US-Japan alliance, and will engage leading experts from the US and Japan in a conversation about how to manage these reactive nationalisms in Northeast Asia. 96,272
    Creative Connections
    3 QUINCY STREET
    NORWALK,CT06850     		NONE PC To support an arts-based cultural education project for students in Japan and the United States. 34,000
    Del Norte Unified School District
    301 W Washington Blvd
    Crescent City,CA95531     		NONE PC To support the continued development of a sister school relationship between Del Norte High School and Takata High School. 30,200
    Eileen Fisher Community Foundation
    2 Bridge Street
    Irvington,NY10533     		NONE PC To support the creation of a leadership program for young women in Japan directed by the Eileen Fisher Leadership Institute. 48,500
    Five Colleges (Center for East Asian Studies)
    97 Spring Street
    Amherst,MA01002     		NONE PC To support a teacher professional development program for 10 US educators who will travel to Nagasaki, Hiroshima and Kyoto, Japan and produce lesson plans based on their experience. 62,909
    Five Colleges Inc
    96 Spring Street
    Amherst,MA01002     		NONE PC To support a nation-wide teacher professional development project titled, Extending the Message of Peace Education from Japan to the United States. 50,000
    Foundation for Int'l School of Asia Karuizawa
    5-25-5 3F HIROO
    TOKYO,SHIBUYA150-0012
    JA     		NONE NC To nurture the next generation leaders by supporting scholarships for US students to attend ISAK summer and high school. 37,423
    Friends of the Japanese House and Garden
    5070 Parkside Avenue Suite 2104
    Philadelphia,PA19131     		NONE PC To support education programs associated with the archaeological excavation of the first Japanese garden in North America and to provide free educational outreach and field trips to the Title 1 public and charter schools in the area. 30,000
    Global Fund for Education Assistance
    1-5-7 JINNAN SHIBYA-KU
    TOKYO,SHIBUYA150-0041
    JA     		NONE NC To support the Jiro Murase Scholarship Program for Beyond Tomorrow US Summer Program 2016. 44,115
    Global Kids
    137 E 25th Street
    New York,NY10010     		NONE PC To support a GK Youth Ambassadors Program to engage a cohort of American students in an intensive study of US-Japan relations, including a trip to Japan that will include engaging in community service projects with Japanese youth. 75,000
    Grace Church School
    46 Cooper Square
    New York,NY10003     		NONE PC To support the Grace Church School - Yukahashi Exchange Program. 25,000
    HLAB
    3-18-4 Shinjuku
    Tokyo,Shinjuku-ku160-0022
    JA     		NONE NC To support an innovative two-week long summer school program in Tokyo for American and Japanese students. 82,727
    International Center for Journalists
    2000 M Street NW 250
    Washington,DC20036     		NONE PC To support a media fellowship that will prepare and send three selected US journalists on 19-day reporting tours to Japan. 78,571
    International University of Japan
    777 Kokusaicho
    Minamiuonuma,Niigata Prefectur949-7248
    JA     		NONE NC To support a joint project of six scholars to explore the concept of human security and ways in which the US and Japan can work together to develop human security in Southeast Asia. 24,970
    Japan Center for International Exchange
    135 W 29th St 303
    NEW YORK,NY10001     		NONE PC To support an intensive program for US journalists that will bring them to Japan to expose them to the dynamics of Japans politics and its economic and foreign policymaking. 99,876
    Japan NPO Center
    2-2-1 Otemachi
    Tokyo,Chiyoda-ku100-0004
    JA     		NONE NC To examine creative approaches and technologies that can effectively enable individuals to participate more fully in civil society activities in US and Japan. 63,451
    Japan Society
    333 E 47th Street
    New York,NY10017     		NONE PC To support the Japan Society of New Yorks pre-college education programs including their educators study tour to Japan, their professional development program for teachers, and their junior fellows leadership program. 100,000
    Japan Society of Boston
    50 Milk Street
    Boston,MA02109     		NONE PC To support a documentary film titled, "The Paper Lantem Project," that documents the story of a group of American military prisoners-of-war killed in Hiroshima following the Atomic blast of August 6, 1945, and also relates the dedicated efforts of one Japanese resident of Hiroshima, himself a victim of the bomb, to honor the memory of American POWs. 40,000
    Japan-America Society of the State of Washington
    3010 77th Ave SE
    Mercer Island,WA98040     		NONE PC To support America in the Schools, a new initiative that will develop the curriculum, tools and infrastructure to introduce American culture into Japanese elementary schools in a grassroots way. 114,730
    Japan-America Society of Washington DC
    1819 L STREET NW SUITE B2
    WASHINGTON,DC20036     		NONE PC To support a national Japanese language and culture competition for high school students. 64,240
    Japanese Medical Society of America
    100 Park Avenue
    NEW YORK,NY10017     		NONE PC To support travel to Tohoku for a group of 9/11 survivors, Rotarians, and trauma experts to share post-disaster recovery experiences with victims in Japan, to foster self-motivation in communities toward recovery, and to encourage sustainable long-term community support in Tohoku. 50,000
    Kizuna Across Cultures
    718 7th St NW 2nd Floor
    WASHINGTON,DC200013782     		NONE PC To support the Global Classmates program for high school students in the US and Japan, which builds friendships, enhances language skills, and deepens cultural knowledge through dynamic online interaction. 71,038
    Lenawee lntermediate School District
    4107 N Adrian Highway
    Adrian,MI49221     		NONE PC To support scholarships for middle school students from Lenawee School District (Michigan) to participate in an exchange program in Japan. 10,000
    Light Industry Cinema Projects
    155 Freeman Street
    Brooklyn,NY11222     		NONE PC To support documentary film production grant for a film investigating the pivotal role Japanese artists of the Edo era played in setting the stage for the "modern art" movement in the West. 50,000
    Lincoln Memorial University
    6965 CUMBERLAND GAP PARKWAY
    HARROGATE,TN37752     		NONE PC To support the LMU-Kanto Program, an innovative study-abroad program that brings Japanese high school students to Lincoln Memorial University for six weeks in the Spring. 9,000
    Mercy College
    555 BROADWAY
    DOBBS FERRY,NY10522     		NONE PC To support a Japan-focused professional development program for in-service and pre-service middle school teachers in four school districts in Westchester County, New York. 80,003
    Michigan State University
    427 N SHAW LANE ROOM 301
    EAST LANSING,MI48824     		NONE PC To support a bi-national, US and Japan, environmental education project focused on water quality issues for high school students and teachers in the State of Michigan and the Prefecture of Shiga, Japan. 102,407
    Midori Foundation (Midori and Friends)
    352 SEVENTH AVENUE
    NEW YORK,NY10001     		NONE PC To support Midori and Friends' music education programs in underprivileged elementary schools in the New York City area, including their Journey to Japan program. 50,000
    National Association of Japan-America Societies
    1819 L Street NW Suite 800
    WASHINGTON,DC20036     		NONE PC To support a series of presentations at Japan-America Societies by curators and collectors of Japanese art, under the title "Art in the Japan-US Relationship Curators' Perspective." 39,985
    National Committee on American Foreign Policy
    320 Park Avenue
    New York,NY10022     		NONE PC To support Track II meetings that will consider ways to enhance trilateral and quadrilateral security cooperation in Northeast Asia. 89,980
    New York Women in Film and Television
    6 E 39th St 1200
    NEW YORK,NY10016     		NONE PC To support a documentary film about 83-year-old atomic bomb survivor Setsuko Thurlow. 50,000
    North Salinas High School
    55 Kip Drive
    Salinas,CA93906     		NONE PC To support the development of Japanese language learning apps for the high school classroom and as part of the 2015 Elgin Heinz Outstanding Teacher Award. 5,000
    NPO Katariba
    3-66-3 Kouenji-minami
    Tokyo,Suginami-ku166-0003
    JA     		NONE NC To support a research trip to the US focused on Project-Based Learning for Japanese high school students and mentors. 45,102
    Onojo International Exchange Association
    2233 OXBOW ROAD
    S ROYALTON,VT05068     		NONE PC To support a career and cultural study program in Vermont for high school students from Onojo City, Japan. 12,124
    Portland State University
    1825 SW Broadway
    Portland,OR97232     		NONE PC To support public lecture and performing arts programs focused on Japan at Portland State Universitys Center for Japanese Studies. 64,785
    President and Fellows of Middlebury College
    460 PIERCE STREET
    MONTEREY,CA93940     		NONE PC To support an education program designed to promote awareness of nonproliferation and international peace and security issues and the development of critical thinking skills among high school students in the US and Japan. 79,640
    Primary Source
    101 Walnut Street
    Watertown,MA02472     		NONE PC To support a multi-faceted project that will equip approximately 200 K-8 teachers to teach their thousands of students accurately and engagingly about the relationships between Japanese people and their landscape and environment. 96,986
    Public Radio International
    401 2nd Avenue North Suite 500
    Minneapolis,MN55401     		NONE PC To support four compelling audio stories and associated digital media products that will examine how memories of Hiroshima are passed on through the generations and across continents and that will be broadcast to over three million Americans. 40,590
    Rebuild Japan Initiative Foundation
    11F Ark Hills Front Tower RoP 2-23-
    Tokyo,MI001070052     		NONE NC To support a project analyzing the underlying causes of Japan's so called "Lost Decadesto demonstrate how this Japenese experience has a broader global relevance. 41,312
    Saint Paul-Nagasaki Sister City Committee
    P O Box 131901
    St Paul,MN551131901     		NONE PC To support the showing of the film Pictures from a Hiroshima Schoolyard as part of the 60th anniversary of this sister city relationship, the oldest with Japan. 10,000
    Seafair Foundation Ambassador Program
    2200 SIXTH AVENUE SUITE 400
    SEATTLE,WA98121     		NONE PC To support the Seafair Ambassador program that engages local high school students in a trip to Kobe, Japan to strengthen the Seattle-Kobe Sister City relationship. 20,000
    Shelburne Art Center
    64 Harbor Road
    Shelburne,VT05482     		NONE PC To support the production of a book on traditional Japanese boat building by Mr. Douglas Brooks, an American who has apprenticed with four master boat builders in Japan. 32,500
    Showa Women's University
    1-7-5 7 Taishido
    Tokyo,Setagaya154-8533
    JA     		NONE NC To support a symposium in Tokyo that will focus on improving opportunities for women in politics, government and business from a scholarly and practical perspective. 68,694
    Simmons College
    300 Fenway
    Boston,MA02115     		NONE PC To support 10th anniversary events in Tokyo and Boston for the Japanese Womens Leadership Initiative in an effort to highlight the impact of this program, strengthen the programs network, and discern strategic directions for the next ten years. 175,216
    The US Defenders of Bataan and Corregidor Mem
    23 Elwell Road
    Jamaica Plain,MA02130     		NONE PC To support the filming of former POWs from the United States who will travel to Japan in Fall 2015, part of the Japanese Governments Japan/POW Friendship Program. 49,180
    The BOT of the Leland Stanford Jr University
    3160 PORTER DRIVE SUITE 11
    PALO ALTO,CA94304     		NONE PC To support a research and policy dialogue on womenomics and women in the Japanese labor force and in society. 126,770
    The BOT of the Leland Stanford Jr University
    3160 PORTER DRIVE SUITE 11
    PALO ALTO,CA94304     		NONE PC To support an initiative to encourage teachers to utilize the National Clearinghouse for US-Japan Studies as a way to help their students better understand the host country of the 2020 Olympics. 42,142
    The Head Royce School
    4315 Lincoln Ave
    Oakland,CA94602     		NONE PC To support student exchange to Japan as part of the 2015 Elgin Heinz Award. 5,000
    Thomas Dooley Elementary School
    622 Norwood Lane
    Schaumburg,IL60193     		NONE PC To support the integration of technology into Japanese Dual Language program at Thomas Dooley Elementary School as part of the 2015 Elgin Heinz Outstanding Teacher award. 5,000
    Tomodachi Daiko
    PO Box 220942
    Anchorage,AK99522     		NONE PC To support a Taiko Matsuri in Anchorage, Alaska that will enable students in the Anchorage Public Schools Japanese language immersion program and members of the local community to deepen their ties with Japan. 10,000
    US Japan Council
    1819 L St NW 800
    Washington,DC20036     		NONE PC To support the creation of a platform to assist Japanese small-and medium-sized enterprises seeking success in the US market through support and innovation of Silicon Valley funds, partners, resources and collaboration. 74,800
    University of Colorado Foundation
    1800 GRANT ST SUITE 800
    DENVER,CO80203     		NONE PC To support an integrated program of professional development opportunities and resources for secondary social studies classrooms designed to raise the prominence of Japan in the secondary studies curriculum. 106,677
    US-Japan Technical Connections
    2233 OXBOW ROAD
    S ROYALTON,VT05068     		NONE PC To support a technical education program in Fukuoka, Japan for high school students from Vermont. 32,000
    Visual Communications Media
    120 Judge John Aiso Street
    Los Angeles,CA90012     		NONE PC To support a feature-length documentary that follows three survivors of the 3.11 tsunami in Rikuzentakata as they rebuild their lives and their town. 27,957
    Vital Voices Global Partnership
    1625 Massachusetts Ave NW 800
    Washington,DC20036     		NONE PC To support a planning grant for development of the Vital Voices GROW Fellowship Program in Japan. 50,417
    Wayne State University
    42 W Warren Avenue
    Detroit,MI48202     		NONE PC To support a one-year precollege teacher educational program in 2015 commemorating the 70th anniversary of the end of the Pacific War and the establishment of a close allied relationship between the US and Japan that will be directed by the Center for Peace and Conflict Studies. 108,269
    WIT (World in Tohoku)
    622 Cambridge Street
    Cambridge,MA02141     		NONE PC To support a program in Tohoku region of Japan that fosters collaboration between local social entrepreneurs and business/non-profit leaders from US and Japan to solve social issues. 39,155
    Women's Eye
    218-1 Aza Oami Sanuma Hasama-cho
    Tomeshi,MI009870511     		NONE NC To support the International Grassroots Womens Academy in Tohoku. 9,966
    Yujin Gakuen Japanese Immersion Elementary School
    250 Silver Lane
    Eugene,OR97404     		NONE PC To support the expansion of Yujin Gakuens cultural instruction and performances. 4,934
    Total .................................bullet 3a 3,665,960
    bApproved for future payment
    Hiroshima University
    1 Chome-3-2 Kagamiyama 739-8511
    Higashi-Hiroshima,Hiroshima Prefect  
    JA     		NONE NC To support research on the impact of Mihara Junior High School's "Peace Project" on Japanese students and American teachers as well as to implement long-term school partnerships. 10,759
    J-Win (Japan Women's Innovative Network)
    1-5-10 Kudankita 102-0073
    Tokyo,Chiyodaku  
    JA     		NONE NC To support a study tour to the US for Diversity and Inclusion and HR professionals from Japan. 23,438
    Michigan State University
    427 N SHAW LANE ROOM 301
    EAST LANSING,MI48824     		NONE PC To support a bi-national, US and Japan, environmental education project focused on water quality issues for high school students and teachers in the State of Michigan and the Prefecture of Shiga, Japan. 110,461
    Mississippi State University Foundation
    100 Hunter Henry Blvd
    Mississippi State,MS397623813     		NONE PC To support a professional development program on Japan for 28 secondary school teachers from the Golden Triangle area of Clay, Lowndes, and Okitbbeha Counties. 34,000
    Sumter County Schools
    100 LEARNING LANE
    AMERICUS,GA31719     		NONE PC To support an educational partnership and exchange between schools in Sumter County, Georgia, and Miyoshi, Japan, that was originally started by former President Jimmy Carter. 34,150
    The BOT of the Leland Stanford Jr University
    3160 PORTER DRIVE SUITE 11
    PALO ALTO,CA94304     		NONE PC To support the second year of a distance-learning course sponsored by the Stanford Program on International and Cross-Cultural Education (SPICE) that will annually enroll exceptional high school students from Japan to engage in an intensive study of U.S. society and culture. 102,971
    Total .................................bullet 3b 315,779
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 729,819  
    4 Dividends and interest from securities....     14 1,173,534  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		525990 104 18 6,812,230  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aPASS THRU INCOME FROM LIMITED PARTNERSHIPS     		525990 -89,810 18 -91,261  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -89,706 8,624,322  
    13Total. Add line 12, columns (b), (d), and (e)..................
    138,534,616
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    UNITED STATES-JAPAN FOUNDATION
     
    Employer identification number

    13-3054425
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    UNITED STATES-JAPAN FOUNDATION
          		Employer identification number
    13-3054425
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    TANAKA MEMORIAL FOUNDATION  
    C/O UNITED STATES-JAPAN FOUNDATION
     
    NEW YORK, NY10016

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    NINTENDO OF AMERICA  
    C/O UNITED STATES-JAPAN FOUNDATION
     
    new york, NY10016

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    UNITED STATES-JAPAN FOUNDATION
          		Employer identification number

    13-3054425
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    UNITED STATES-JAPAN FOUNDATION
          		Employer identification number

    13-3054425
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 87,000 43,500   43,500
    AUDIT AND TAX RETURN        
    PREPARATION FEES 39,000 15,600   23,400

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    APARTMENT   790,725 533,739 SL 40 19,768      
    APARTMENT IMPROVEM   241,370 163,067 SL 27 8,777      
    LEASEHOLD IMPROVE   245,635 228,135 SL 15        
    EQUIPMENT   164,621 116,079 SL 7        
    FURNITURE & FIXTUR   241,490 236,475 SL 7        

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 ExpenditureResponsibilityStmt
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    AMERASIAN SCHOOL IN OKINAWA
          		1 CHOME-15-22 SHIMASHI
    GINOWAN,OKINAWA PREFECTUR90-12213
    JA     		2015-04-28 33,091 TO SUPPORT THE SALARY FOR AN INFORMATION COMMUNICATION TECHNOLOGY EDUCATION TEACHER. 33,091 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    FOUNDATION FOR THE INT'L SCHOOL OF ASIA
          		5-25-5 3F HIROO
    TOKYO,SHIBUYA150-0012
    JA     		2015-04-28 37,423 TO SUPPORT SCHOLARSHIPS FOR US STUDENTS TO ATTEND ISAK SUMMER AND HIGH SCHOOL. 37,423 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    GLOBAL FUND FOR EDUCATION ASSISTANCE
          		1-5-7 JINNAN SHIBYA-KU
    TOKYO,SHIBUYA150-0041
    JA     		2014-10-28 44,115 TO SUPPORT THE JIRO MURASE SCHOLARSHIP PROGRAM FOR BEYOND TOMORROW US SUMMER PROGRAM 2016. 44,115 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    HLAB
          		3-18-4 SHINJUKU
    TOKYO,SHINJUKU-KU160-0022
    JA     		2015-04-28 82,727 TO SUPPORT AN INNOVATIVE TWO-WEEK LONG SUMMER PROGRAM IN TOKYO FOR AMERICAN AND JAPANESE STUDENTS. 82,727 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    INTERNATIONAL UNIVERSITY OF JAPAN
          		777 KOKUSAICHO
    MINAMIUONUMA,NIIGATA PREFECTUR949-7248
    JA     		2015-11-06 24,970 TO SUPPORT A JOINT PROJECT OF SIX SCHOLARS TO EXPLORE THE CONCEPT OF HUMAN SECURITY. 24,970 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    JAPAN NPO CENTER
          		2-2-1 OTEMACHI
    TOKYO,CHIYODA-KU100-000
    JA     		2015-11-06 63,451 TO ENABLE INDIVIDUALS TO PARTICIPATE MORE FULLY IN CIVIL SOCIETY ACTIVITIES IN US AND JAPAN. 63,451 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    NPO KATARIBA
          		3-66-3 KOUENJI-MINAMI
    TOKYO,SUGINAMI-KU166-0003
    JA     		2015-04-28 45,102 TO SUPPORT A RESEARCH TRIPT TO THE US FOCUSED ON PROJECT-BASED LEARNING FOR JAPANESE STUDENTS. 45,102 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    REBUILD JAPAN INITIATIVE FOUNDATION
          		11F ARK HILLS ROP 2-23-1 AKASAKA
    TOKYO,MINATO-KU00107-0052
    JA     		2015-08-19 41,312 TO SUPPORT A PROJECT ANALYZING THE CAUSES OF JAPAN'S SO CALLED "LOST DECADES". 41,312 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    SHOWA WOMEN'S UNIVERSITY
          		1-7-5 7 TAISHIDO
    TOKYO,SETAGAYA154-8533
    JA     		2015-11-06 68,694 TO SUPPORT A SYMPOSIUM IN TOKYO THAT WILL FOCUS ON IMPROVING OPPRTOUNITIES FOR WOMEN. 68,694 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.
    WOMEN'S EYE
          		218-1 AZA OAMI SNUMA
    HASAMA-CHO,TOME-SHI, MI00987-0511
    JA     		2015-03-05 9,965 TO SUPPORT THE INTERNATIONAL GRASSROOTS WOMEN'S ACADEMY IN TOHOKU. 9,965 NO ANNUALLY 2015-12-31 COMPLIANCE WITH GRANT REQUIREMENTS.

    TY 2015 GeneralExplanationAttachment
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Identifier Return Reference Explanation
    Election to forego NOL Carryback FORM 990-T, Page 1, Part II, Line 31 172(B)(3) THE ABOVE NAMED TAXPAYER INCURRED A NET OPERATION LOSS IN THE TAXABLE YEAR ENDING DECEMBER 31, 2015, AND IS ENTITLTED TO A TWO YEAR PERIOD WITH RESPECT TO THAT LOSS UNDER CODE SECTION 172(B)(1) OF THE INTERNAL REVENUE CODE. PURSUANT TO CODE SECTION 172(B)(3), THE TAXPAYER ELECTS TO RELINQUISH THE ENTIRE CARRYBACK PERIOD WITH RESPECT TO THE NET OPERATING LOSS INCURRED IN THE TAXABLE YEAR ENDING December 31, 2015.

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 179,640 179,640
    ACCENTURE LTD 167,200 167,200
    ACTAVIS INC    
    AECOM 176,096 176,096
    AERCAP HOLDINGS NV 299,703 299,703
    AETNA INC 263,921 263,921
    AFLAC INC 158,376 158,376
    ALEXANDER AND BALDWIN INC    
    ALLEGHENY TECHNOLOGIES    
    ALLERGAN INC.    
    ALLERGAN PLC. 236,250 236,250
    ALLIED WRLD ASSUR COM    
    ALLISON TRANSMISSION HOLDING    
    ALLY FINANCIALS    
    ALPHABET INC. CI A 257,521 257,521
    AMERCO    
    AMERICAN CAPITAL LTD.    
    AMERICAN EXPRESS    
    AMERIPRISE FINANCIAL INC 167,292 167,292
    AMERISOURCEBERGEN CORP. 103,710 103,710
    AMGEN INC. 174,829 174,829
    AMTRUST FINANCIAL SERVICES 261,653 261,653
    ANTHEM INC 253,084 253,084
    ARRIS GROUP INC 216,986 216,986
    ASSURANT INC 211,579 211,579
    AVAGO TECHNOLOGIES LTD 504,977 504,977
    AVIS BUDGET GROUP INC 164,684 164,684
    BIOGEN IDEC INC    
    BROOKDALE SENIOR LIVING INC.    
    CARNIVAL CORP 163,440 163,440
    CARRIZO OIL & GAS    
    CDW CORP/DE    
    CELANESE CORP-SERIES A 209,262 209,262
    CELGENE CORP 227,544 227,544
    CERNER CORP 114,323 114,323
    CIT GROUP INC.    
    CNO FINANCIAL GROUP INC.    
    COGNIZANT TECH. SOLUTIONS - A 132,044 132,044
    COLGATE PALMOLIVE CO. 146,564 146,564
    COMCAST CORP-CLASS A 188,363 188,363
    COMERICA INC    
    CORNING INC 179,144 179,144
    COSTCO WHOLESALE CORP 96,900 96,900
    CST BRANDS INC.    
    CVS HEALTH CORP 117,324 117,324
    DELEK US HOLDINGS INC.    
    DISCOVER FINANCIAL SERVICES    
    DOLLAR GEN CORP 122,179 122,179
    DOLLAR TREE INC 200,772 200,772
    EATON CORP PLC 125,052 125,052
    ENCORE WIRE CORP    
    EOG RESOURCES INC 141,014 141,014
    FACEBOOK INC 167,456 167,456
    FNF GROUP    
    GENERAL ELECTRIC CO    
    GILEAD SCIENCES INC. 141,666 141,666
    GOODYEAR TIRE & RUBBER CO 245,548 245,548
    GOOGLE INC.    
    GULFPORT ENERGY CORP    
    H&R BLOCK INC.    
    HERTZ GLOBAL HOLDINGS INC 103,153 103,153
    HONEYWELL INTL INC 186,426 186,426
    HYATT HOTELS CORP    
    INTREPID POTASH INC COM    
    INVESTORS BANCORP INC.    
    ISTAR FINANCIAL INC.    
    JARDEN CORP    
    JOHNSON CONTROLS INC 138,570 138,570
    KRAFT-HEINZ COMPANY 116,416 116,416
    LAUDER ESTEE COS INC CL A 167,314 167,314
    LEXMARK INTERNATIONAL INC-A 153,099 153,099
    LIBERTY INTERACTIVE CORP Q-A 170,449 170,449
    LSB INDS INC COM    
    M D C HOLDINGS INC    
    MASTERCARD INC - CLASS A 126,568 126,568
    MCKESSON CORP 133,327 133,327
    MONDELEZ INTERNATIONAL 242,136 242,136
    MONSANTO CO.    
    MONSTER BEVERAGE CORP 59,584 59,584
    MRC GLOBAL INC 78,045 78,045
    NASDAQ OMX GROUP INC.    
    NATIONAL OILWELL VARCO INC 82,084 82,084
    NCR CORPORATION 144,852 144,852
    NIKE INC. 87,500 87,500
    OCCIDENTAL PETROLEUM CORP 60,849 60,849
    OSHKOCH CORP    
    OWENS CORNING NEW COM    
    OWENS-ILLINOIS INC 95,253 95,253
    PAYPAL HOLDINGS, INC 72,400 72,400
    PEPSICO INC. 249,800 249,800
    PIONEER NATURAL RESOURCES    
    PROCTER & GAMBLE CO.    
    QUALCOMM INC.    
    RALPH LAUREN CORP    
    RAYNOIER ADVANCED    
    RAYTHEON COMPANY 234,365 234,365
    ROCK-TENN CO    
    RYMAN HOSPITALITY PPTYS INC.    
    SCHLUMBERGER LTD.    
    SEACOR HOLDINGS INC    
    STARBUCKS CORP 150,075 150,075
    STATE STREET CORP    
    SUNCOR ENERGY INC 130,496 130,496
    SYMANTEC CORP 161,574 161,574
    TE CONNECTIVITY LTD 204,170 204,170
    TECH DATA CORP    
    TENNECO INC 159,859 159,859
    TESCO CORP.    
    THE ESTEE LAUDER COMPANIES    
    THE PRICELINE GROUP INC    
    THERMO FISHER SCIENTIFIC 212,775 212,775
    TJX COMPANIES INC. 198,548 198,548
    TOWERS WATSON & CO.    
    TRIBUNE CO.    
    UNION PACIFIC CORP 54,114 54,114
    UNITED PARCEL SERVICE INC. 182,837 182,837
    UNITED TECHNOLOGIES CORP    
    VISA INC. 247,540 247,540
    VISTEON CORP COM    
    VOYA FINANCIAL INC.    
    W W GRAINGER INC    
    WALGREENS BOOTS ALLIANCE INC. 212,888 212,888
    WELLS FARGO 119,592 119,592
    WESTERN DIGITAL CORP 132,650 132,650
    WESTERN UNION CO 185,404 185,404
    WHITE MOUNTAINS INS GROUP LTD.    
    WILLIS GROUP HOLDINGS PLC 190,540 190,540

    TY 2015 InvestmentsOtherSchedule2
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALPHAGEN EUROPEAN BEST IDEAS F FMV 5,281,635 5,281,635
    BBH PRIV EQTY PRTNRS II LP FMV 378,254 378,254
    FARALON CAP MGT PRTNRS LP FMV 269,079 269,079
    GEMELLI INVESTORS LP FMV 167,205 167,205
    KKR ENERGY INCOME & GROWTH FND FMV 522,193 522,193
    JP MRGN EURO DIR CORP FIN INV FMV    
    JP MRGN US DIR CORP FIN INV FMV 10,005 10,005
    JP MRGN EURO POOL CORP FIN INV FMV 266,303 266,303
    JP MRGN US POOLED CORP FIN INV FMV 1,158,956 1,158,956
    CHESAPKE PRTNRS INT'L LTD FMV 2,994,705 2,994,705
    FIR TREE INT'L VAL FUND LTD FMV    
    OCA BRIGADE CREDIT FUND II LLC FMV 4,001,008 4,001,008
    OCA WESLEY MTG REIT FUND LLC FMV 2,823,583 2,823,583
    OCA STRATEGOS RBMS FUND FMV 4,998,475 4,998,475
    OCA CAPITAL SOLUTIONS OVERSEAS FMV 561,745 561,745
    OCA PATRIA - 1144 FMV 39,851 39,851
    OCA VAN ECK - 1147 FMV 1,651,225 1,651,225
    OCA OHA CREDIT - 1162 FMV 4,335,049 4,335,049
    OCA LCP VIII - 1163 FMV 361,744 361,744
    PERSHING SQ INT'L LTD FMV 4,150,545 4,150,545
    ANCHRGE CAP PRTNRS OFFSHRE LTD FMV 2,969,968 2,969,968
    NWI EMERGING FUND FMV    
    SACHERN HEAD OFFSHORE FMV 3,694,638 3,694,638
    CERBERUS RMBS OPPORTUNITIES FMV 3,176,695 3,176,695
    HEALTHCARE ROYALTY FMV 7,455 7,455
    VAN ECK FDS INT'L INVGOLD I FMV    
    YACKTMAN AMG FDS YACKTMAN INST FMV    
    TWEEDY BROWN FD WWID HIDVYLDVA FMV    
    ISHARES MSCI JAPAN INDEX FUND FMV    
    MATHEWS ASIA DIV INSTL FMV 3,077,470 3,077,470
    VANGUARD FTSE EMERGING MKTS FMV 1,911,376 1,911,376
    VANGUARD 500 INDEX FUND FMV 7,390,694 7,390,694
    VANGUARD SML CAP INDX-ADM FMV 2,334,797 2,334,797
    ISHARES MSCI JAPAN INDEX FUND FMV 3,615,396 3,615,396
    ABERDEEN GL SM CAP FMV    
    EATON VANCE MUTUAL FUND FMV    
    MIG OFFSHORE FUND LTD FMV 2,550,000 2,550,000
    DOUBLELINE   3,960,250 3,960,250

    TY 2015 LandEtcSchedule2
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    APARTMENT 790,725 553,507 237,218  
    APARTMENT IMPROVEM 241,370 170,370 71,000  
    LEASEHOLD IMPROVE 245,635 229,536 16,099  
    EQUIPMENT 164,621 133,660 30,961  
    FURNITURE & FIXTUR 241,490 237,874 3,616  


    TY 2015 LegalFeesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 5,513     5,513


    TY 2015 OtherAssetsSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSITS 40,508 35,508 35,508
    INTEREST RECEIVABLE 12,881 8,692 8,692
    DUE FROM BROKER 353,459    


    TY 2015 OtherDecreasesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Description Amount
    UNREALIZED DEPRECIATION ON INVESTMENTS, 9,732,935
    NET OF CHANGE IN DEFERRED EXCISE TAX 0


    TY 2015 OtherExpensesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL OFFICE AND MISC. 75,852 3,793   75,441
    PROGRAM PROJECT/DEVELOPMENT 27,219     27,219
    TELEPHONE AND FACSIMILE 10,754 537   10,217
    DUES 9,583     9,583
    POSTAGE AND MESSENGER 3,060 153   2,907
    US-JAPAN LEADERSHIP PROGRAM 630,808     624,470


    TY 2015 OtherIncomeSchedule2
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NET PARTNERSHP PASS-THRU Income - other -181,071 -91,261  


    TY 2015 OtherLiabilitiesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED EXCISE TAXES PAYABLE 134,507 36,194


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY AND        
    MANAGEMENT FEES 809,131 809,131    


    TY 2015 TaxesSchedule
    Name:
    UNITED STATES-JAPAN FOUNDATION
    EIN:
    13-3054425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 75,490